| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 645 | -4,909 | -6,874 | -11,684 |
| Depreciation | 3,158 | 3,179 | 2,931 | 6,220 |
| Amortization | 211 | 680 | 382 | 865 |
| Reduction in carrying amount of right-of-use assets | 723 | -4,846 | 615 | 169 |
| Provision for losses on (recoveries of) accounts receivable | -9 | 16 | -236 | -895 |
| Stock-based compensation | 10,886 | 11,622 | 9,362 | 12,427 |
| Deferred income taxes | -3 | 58 | 78 | 23 |
| Loss on disposal of property, plant and equipment | -24 | 30 | -92 | -98 |
| Accrued interest earned on marketable securities | -231 | -244 | 341 | -597 |
| Non-cash restructuring charges | 295 | 182 | 1,243 | NaN |
| Accounts receivable, net | -2,736 | 1,517 | 4,640 | 8,546 |
| Inventory | -1,343 | -6,052 | 3,254 | 6,949 |
| Prepaid expenses and other current assets | 8,165 | 1,467 | -4,629 | -1,285 |
| Other assets, net | -189 | -309 | -144 | -955 |
| Accounts payable | -1,637 | 4,002 | -1,575 | 3,461 |
| Accrued and other long-term liabilities | -2,528 | 264 | 2,630 | 3,165 |
| Deferred revenues | 2,610 | -856 | -115 | -1,132 |
| Lease liabilities | -594 | 4,867 | -675 | -252 |
| Non-current income taxes payable | 30 | 156 | 139 | -18 |
| Net cash provided by (used in) operating activities | 9,683 | 17,518 | 5,217 | -1,405 |
| Proceeds from sale of fixed assets | NaN | 95 | 4 | 443 |
| Purchases of property, plant and equipment | 2,113 | 1,588 | 2,770 | 4,674 |
| Purchase of marketable securities | 34,173 | 9,902 | 34,409 | 34,288 |
| Proceeds from maturities and sales of marketable securities | 34,918 | 9,893 | 34,289 | 34,136 |
| Net cash used in investing activities | -1,368 | -1,502 | -2,886 | -4,383 |
| Proceeds from public offerings, net of underwriting discounts and offering costs | 191,275 | NaN | NaN | NaN |
| Proceeds from line of credit | 0 | 0 | 0 | 20,000 |
| Proceeds from employee stock plan purchases | NaN | 1,510 | 0 | 1,385 |
| Proceeds from stock option exercises | 150 | 85 | 34 | 162 |
| Tax payments related to stock award issuances | 190 | 4 | 1 | 3,061 |
| Net cash provided by financing activities | 191,235 | 1,591 | 33 | 18,486 |
| Effect of exchange rate changes on cash | -38 | -14 | -9 | 287 |
| Net increase in cash, cash equivalents, and restricted cash | 199,512 | 17,593 | 2,355 | 12,985 |
| Cash, cash equivalents, and restricted cash, beginning of period | 99,021 | 81,428 | 66,088 | NaN |
| Cash, cash equivalents, and restricted cash, end of period | 298,533 | 99,021 | 81,428 | NaN |
NLIGHT, INC. (LASR)
NLIGHT, INC. (LASR)