| Income Statement | 2025-09-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 |
|---|---|---|---|---|
| Revenue, net | 15,058,281 | 9,167,627 | 7,424,829 | 8,400,381 |
| Cost of sales | 10,575,709 | 6,503,526 | 5,493,998 | 5,555,952 |
| Gross profit | 4,482,572 | 2,664,101 | 1,930,831 | 2,844,429 |
| Selling, general and administrative | 4,383,870 | 4,448,359 | 3,356,063 | 3,270,583 |
| Gain (loss) on disposition of other financial assets | - | - | - | -78,437 |
| New product development | 867,428 | 757,938 | 764,396 | 476,441 |
| Amortization of intangible assets | 450,524 | 779,025 | 294,711 | 395,776 |
| Change in fair value of acquisition liabilities | -1,282,529 | - | - | - |
| Loss on disposal of property and equipment | -3,999 | 2,068 | - | - |
| Total operating expenses | 6,988,350 | 5,987,390 | 4,415,170 | 4,221,237 |
| Operating loss | -2,505,778 | -3,323,289 | -2,484,339 | -1,376,808 |
| Other income (expense), net | - | - | 85,920 | -80,941 |
| Interest expense, net | 268,853 | 486,833 | 169,053 | 149,360 |
| Loss on extinguishment of debt | - | -418,502 | - | - |
| Change in fair value of warrant liability | - | 870,554 | - | - |
| Other expense, net | -37,101 | -124,359 | -83,133 | -230,301 |
| Total other expense | -305,954 | -159,140 | - | - |
| Loss before income taxes | -2,811,732 | -3,482,429 | -2,567,472 | -1,607,109 |
| Income tax provision | 81,270 | 100,031 | 44,525 | 15,636 |
| Net loss | -2,893,002 | -3,582,460 | -2,611,997 | -1,622,745 |
| Foreign currency translation adjustment | 92,383 | 120,572 | -451,035 | 271,594 |
| Comprehensive loss | -2,800,619 | -3,461,888 | -3,063,032 | -1,351,151 |
| Loss per common share (basic) | -0.07 | -0.44 | 0.07 | -0.04 |
| Loss per common share (diluted) | -0.07 | -0.44 | 0.07 | -0.04 |
| Number of shares used in per share calculation (basic) | 43,287,933 | 41,363,643 | 39,728,933 | 39,561,480 |
| Number of shares used in per share calculation (diluted) | 43,287,933 | 41,363,643 | 39,728,933 | 39,561,480 |
LIGHTPATH TECHNOLOGIES INC (LPTH)
LIGHTPATH TECHNOLOGIES INC (LPTH)