Lightpath (LPTH)

LightPath Technologies, Inc. is a leading global, vertically integrated provider of optics, photonics and infrared solutions for the industrial, commercial, defense, telecommunications, and medical industries. LightPath designs and manufactures proprietary optical and infrared components including molded glass aspheric lenses and assemblies, infrared lenses and thermal imaging assemblies, fused fiber collimators, and proprietary Black DiamondTM ("BD6") chalcogenide-based glass lenses. LightPath also offers custom optical assemblies, including full engineering design support. The Company is headquartered in Orlando, Florida, with manufacturing and sales offices in Latvia and China.

Company profile

Ticker

LPTH

Exchange

NASDAQ

Website

lightpath.com

CEO

Sam Rubin

Incorporated

Delaware

Location

Florida

Fiscal year end

Jun 30

Sector

Manufacturing > Semiconductor and Related Device Manufacturing

Industry (SIC)

Semiconductors & Related Devices

Intel • Broadcom • Texas Instruments • Micron Technology • Applied Materials • ST Microelectronics - New York Shares • Broadcom • Marvell Technology • NXP Semiconductors • Marvell Technology ...

SEC CIK

0000889971

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

GelTech Inc. • LightPath Optical Instrumentation (Shanghai) Co., Ltd • LightPath Optical Instrumentation (Zhenjiang) Co., Ltd • ISP Optics Corporation ...

IRS number

860708398

LPTH stock data

1M 1Y 5Y

News

From Benzinga Pro

This Biotechnology Stock Tumbled 37%; Here Are 70 Biggest Movers From Yesterday

19 Aug 22

Gainers Bright Minds Biosciences Inc. (NASDAQ: DRUG) shares climbed 135.9% to close at $2.17 on Thursday.

12 Information Technology Stocks Moving In Thursday's Intraday Session

18 Aug 22

Why Plus Therapeutics Is Trading Higher By Over 50%, Here Are 50 Stocks Moving In Thursday's Mid-Day Session

18 Aug 22

Gainers Bright Minds Biosciences Inc. (NASDAQ: DRUG) shares jumped 297% to $3.66.

12 Information Technology Stocks Moving In Friday's Intraday Session

22 Jul 22

This Healthcare Stock Jumped 110%; Here Are 64 Biggest Movers From Yesterday

22 Jul 22

Press releases

From Benzinga Pro

LightPath Technologies, Inc. to Present at Investor Summit Group's Q3 Virtual Conference

10 Aug 22

Orlando, Florida--(Newsfile Corp. - August 10, 2022) - LightPath Technologies, Inc. (NASDAQ:LPTH) today announced that Sam Rubin, Chief Executive Officer will be attending the Q3 Virtual Investor Summit. LightPath is a

LightPath Technologies Announces Supply Agreement with Long Time European Customer for Precision Molded Optics

2 Aug 22

ORLANDO, FL / ACCESSWIRE / August 2, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH) ("LightPath," the "Company," or "we"), a leading vertically integrated global manufacturer and

LightPath Technologies to Present at LD Micro Invitational June 7th - 9th, 2022

6 Jun 22

ORLANDO, FL / ACCESSWIRE / June 6, 2022 / LightPath Technologies, Inc. (NASDAQ:LPTH), ("LightPath" or the "Company"), a leading vertically integrated global manufacturer and integrator of proprietary

Investment data

Data from SEC filings

Securities sold

Number of investors

Calendar

12 May 22

20 Aug 22

30 Jun 23

Financial summary

Financial statements Chart LPTH financial data

Quarter (USD)	Mar 22	Dec 21	Sep 21	Jun 21
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Jun 21	Jun 20	Jun 19	Jun 18
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	10.48M	10.48M	10.48M	10.48M	10.48M	10.48M
Cash burn (monthly)	(no burn)	116.63K	152.34K	411.84K	(no burn)	(no burn)
Cash used (since last report)	n/a	542.76K	708.99K	1.92M	n/a	n/a
Cash remaining	n/a	9.94M	9.77M	8.57M	n/a	n/a
Runway (months of cash)	n/a	85.2	64.2	20.8	n/a	n/a

Beta Read what these cash burn values mean

Financial data from Lightpath earnings reports.

Recent insider trades

LPTH insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
29 Jun 22	Shmuel Rubin	Class A common stock	Buy	Acquire P	No	No	1.25	700	875	46,186
29 Jun 22	Albert Miranda	Class A common stock	Buy	Acquire P	No	No	1.25	800	1K	9,800
20 May 22	Louis Leeburg	Class A common stock	Buy	Acquire P	No	No	1.6	3,000	4.8K	119,191
20 May 22	Louis Leeburg	Class A common stock	Buy	Acquire P	No	No	1.76	3,000	5.28K	112,191
17 May 22	Shmuel Rubin	Class A common stock	Buy	Acquire P	No	No	1.6957	2,000	3.39K	45,486
29 Mar 22	Darcie Peck	Class A common stock	Buy	Acquire P	Yes	No	2.09	18,367	38.39K	22,500
29 Mar 22	Darcie Peck	Class A common stock	Buy	Acquire P	Yes	No	2.07	200	414	22,500
29 Mar 22	Darcie Peck	Class A common stock	Buy	Acquire P	Yes	No	2.06	1,431	2.95K	22,500
29 Mar 22	Darcie Peck	Class A common stock	Buy	Acquire P	Yes	No	2.05	2,333	4.78K	22,500
29 Mar 22	Darcie Peck	Class A common stock	Buy	Acquire P	Yes	No	2.04	169	344.76	22,500

Data from 3, 4 and 5 filings. Values as filed, not updated for current price.

Institutional ownership, Q1 2022

LPTH institutional ownership history Ownership history

45.8% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	38	34	+11.8%
Opened positions	8	6	+33.3%
Closed positions	4	8	-50.0%
Increased positions	8	4	+100.0%
Reduced positions	6	10	-40.0%

13F shares	Current	Prev Q	Change
Total value	27.87M	19.6M	+42.2%
Total shares	12.38M	9.55M	+29.7%
Total puts	0	0
Total calls	0	0
Total put/call ratio	–	–	–

Largest owners	Shares	Value	Change
AIGH Capital Management	2.04M	$4.02M	+48.8%
Hirschman Orin	1.82M	$4.42M	NEW
Marathon Micro Fund	1.7M	$3.95M	+13.3%
Royce & Associates	1.23M	$2.42M	+0.8%
Relyea Zuckerberg Hanson	1.12M	$1.98M	0.0%
Pudong Science & Technology Investment	1.05M	$2.56M	0.0%
Vanguard	1.02M	$2.01M	-0.5%
Renaissance Technologies	780.47K	$1.54M	-2.8%
Worth Venture Partners	509.43K	$1M	+62.0%
BLK Blackrock	273.86K	$539K	+0.7%

Largest transactions	Shares	Bought/sold	Change
Hirschman Orin	1.82M	+1.82M	NEW
AIGH Capital Management	2.04M	+669.25K	+48.8%
Marathon Micro Fund	1.7M	+200K	+13.3%
Worth Venture Partners	509.43K	+195.02K	+62.0%
Geode Capital Management	229.59K	-74.19K	-24.4%
Citadel Advisors	52.13K	+52.13K	NEW
Squarepoint Ops	17.56K	-26.6K	-60.2%
Game Plan Financial Advisors	112K	+25K	+28.7%
Renaissance Technologies	780.47K	-22.1K	-2.8%
Susquehanna International	0	-21.67K	EXIT

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Financial report summary

Competition

PANASONIC • MKS Instruments • Umicore

Management Discussion

Revenue for fiscal 2021 was approximately $38.5 million, an increase of 10%, as compared to $35.0 million in fiscal 2020. Revenue generated by infrared products was approximately $21.0 million in fiscal 2021, an increase of 16%, as compared to the prior fiscal year. The increase in revenue is attributed to increases in sales of both molded and diamond-turned infrared products to customers in the industrial market, including a key customer with an annual supply agreement, which agreement was renewed for a higher dollar value during fiscal 2021. Industrial applications, firefighting cameras, and other public safety applications continue to be the primary drivers of the increased demand for infrared products, including thermal imaging assemblies. More recently, we have seen an increase in demand for medical and temperature sensing applications, such as fever detection. Demand for temperature sensing applications have been accelerated by COVID-19, and although the demand has leveled off since the initial spike, it remains elevated.

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. sophomore Avg

New words: adequate, attorney, broader, cancelled, carefully, chain, conflict, cyber, delayed, directly, dynamic, economy, Europe, foreseeable, freight, frequency, germanium, imposition, inflation, invaded, Investor, lifted, military, MZHCI, peaked, program, Relief, rolling, Russia, Russian, settled, significantly, slightly, stability, stemming, Ukraine

Removed: borrowed, fewer, headcount, moving, negative, pace, repaid, repeat, stage, traditional

From filing 10-Q 2022 Q3

Financial reports

View all