Lightpath Technologies (LPTH)
Nasdaq Market Open
LightPath Technologies Inc is an optical technology company that designs, manufactures, and supplies precision optical components, infrared products, and integrated optical assemblies. Its products are used in applications where controlling, focusing, transmitting, or detecting light is essential, including industrial equipment, defense systems, medical devices, telecommunications, sensing, and instrumentation.
The company is best known for its molded optics capabilities, which allow it to produce precision lenses and related components for visible and infrared wavelengths. Its product portfolio includes visible-light optics, infrared lenses and components, optical assemblies and modules, and engineering services for customers that need customized solutions. LightPath also serves customers seeking alternatives to more expensive or supply-constrained materials in infrared imaging and sensing systems.
LightPath operates in markets where performance, reliability, and manufacturability are important. Customers may use its components in thermal imaging cameras, laser-based systems, machine vision tools, environmental monitoring devices, medical instruments, and communications hardware. In defense and security applications, infrared optics can support surveillance, targeting, and situational awareness technologies.
The company’s business combines standard catalog products with design and engineering work for specialized optical systems. This gives LightPath exposure to both recurring component demand and project-based development activity. Its results can be influenced by industrial spending, defense procurement cycles, customer product launches, and broader demand for sensing and imaging technologies.
For investors, LightPath Technologies represents a small-cap supplier within the photonics and optical components industry. Its distinctive focus is the integration of precision optics expertise with infrared and visible-light product manufacturing for customers that require compact, high-performance optical solutions.
Last updated
- Market Cap
- 980.77M
- P/E
- —
- P/FCF
- —
- P/S
- 15.62
- Enterprise Value
- 926.48M
- Sector
- Information Technology
- Industry
- Semiconductors and Related Devices
- Address
- 2603 CHALLENGER TECH CT, ORLANDO, FL, 32826-2716
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- Market Cap
Market cap is the total value of a company's shares, calculated by multiplying the stock price by the number of shares outstanding.
- 980.77M
- Enterprise Value
Enterprise value is the total value of a company, including its market cap, debt, and cash.
- 926.48M
- P/E
P/E ratio compares a company's share price to its earnings per share.
- —
- P/B
P/B ratio compares a company's share price to its book value per share.
- 11.01
- P/S
P/S ratio compares a company's share price to its revenue per share.
- 15.62
- EV / EBITDA
EV/EBITDA measures a company's value compared to its earnings before interest, taxes, depreciation, and amortization.
- -64.98
- EV / Sales
EV/Sales measures a company's value compared to its total revenue.
- 14.76
- EPS
- -0.37
- Dividend Yield
Dividend yield shows how much a company pays in dividends each year compared to its share price.
- 0%
- P/FCF
Price-to-free-cash-flow ratio compares a company's share price to the cash it generates after expenses and investments.
- —
- P/CF
P/CF ratio compares a company's share price to the cash flow it generates from its operations.
- —
- Free Cash Flow
Free cash flow is the cash a company has left after covering operating costs and capital expenses.
- -10.29M
- ROE
ROE measures how effectively a company uses shareholders' equity to generate profit.
- -26.33%
- ROA
ROA measures how effectively a company uses its assets to generate profit.
- -16.26%
- Debt / Equity
Debt-to-equity ratio compares a company's total debt to its shareholders' equity.
- 0.01
- Current Ratio
Current ratio measures a company's ability to pay short-term debts using its short-term assets.
- 3.86
- Quick Ratio
Quick ratio measures a company's ability to pay short-term debts using cash and other easily available assets.
- 3.24
- Cash
Cash ratio measures a company's ability to cover short-term debts using only cash and cash equivalents.
- 2.57
- Avg Volume
Average volume shows the average number of shares traded over the last 30 trading days, helping indicate liquidity.
- 4.17M
- Fundamentals Snapshot Price
Fundamentals snapshot price is the stock price used when calculating the company's financial ratios and metrics.
- 15.62
Income Statement
| Line Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Revenue | 19.15M | 16.35M | 15.06M | 12.21M | 9.17M |
| Gross profit | 6.96M | 6.02M | 4.48M | 2.69M | 2.66M |
| Operating income | -4.25M | -8.6M | -2.5M | -4.62M | -3.45M |
| EBITDA | -2.99M | -7.36M | -302 | -3.91M | -1.99M |
| Net income | -4.11M | -9.41M | -2.89M | -7.06M | -3.58M |
| Basic EPS | -0.07 | -0.2 | -0.07 | -0.17 | -0.09 |
| Diluted EPS | -0.07 | -0.2 | -0.07 | -0.17 | -0.09 |
Balance Sheet
| Line Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Total assets | 144.27M | 148.56M | 87.26M | 81.51M | 81.42M |
| Total liabilities | 31.38M | 36.39M | 31.59M | 31.63M | 27.34M |
| Total equity | 89.09M | 77.94M | 55.67M | 15.64M | 54.09M |
| Cash & equivalents | 55.24M | 73.57M | 11.51M | 4.88M | 6.48M |
| Current assets | 83M | 97M | 35.16M | 28.37M | 28.08M |
| Current liabilities | 21.53M | 24.42M | 17.75M | 17.1M | 12.23M |
Cash Flow
| Line Item | 2026 Q3 | 2026 Q2 | 2026 Q1 | 2025 Q4 | 2025 Q3 |
|---|---|---|---|---|---|
| Operating cash flow | -6.8M | 2.82M | -1.14M | -2.65M | -3.24M |
| Investing cash flow | -7.9M | -867.9K | -77.01K | 1.08M | -20.67M |
| Financing cash flow | -3.69M | 59.93M | 7.78M | -276.01K | 27.18M |
| Change in cash | -18.34M | 62.07M | 6.63M | -1.6M | 3.28M |
| Kind | Filing | Date | Link |
|---|---|---|---|
| edgar index | 4 — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| edgar index | 4 — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| edgar index | SCHEDULE 13D/A — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| edgar index | 8-K — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| edgar index | 10-Q — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| eight k text | 8-K — 8-K | View Filing | |
| edgar index | D — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| edgar index | 4 — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| form 4 | Form 4 — Rubin Shmuel | View Filing | |
| edgar index | 4 — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| edgar index | 4 — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| edgar index | 144 — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| edgar index | 144/A — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| edgar index | 4 — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| edgar index | SCHEDULE 13D/A — LIGHTPATH TECHNOLOGIES INC | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — HAMMER TODD B | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I GP, LLC | View Filing | |
| form 4 | Form 4 — North Run Strategic Opportunities Fund I, LP | View Filing | |
| form 4 | Form 4 — ELLIS THOMAS B | View Filing |