nLIGHT, Inc. (LASR) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 446.06M | 243.19M | 228.39M | 222.86M | 215.77M | 194.09M | 210.78M | 212.5M | 219.2M | 220.55M | 224.35M | 228.98M | 233.25M | 230.76M | 250.97M | 261.38M | 269.5M | 277.2M | 290.02M | 287.06M |
| Cash & Short-Term Investments | 332.59M | 133.63M | 115.79M | 113.7M | 116.72M | 100.7M | 106.7M | 114.56M | 121.08M | 112.88M | 111.59M | 101.71M | 108.37M | 108.22M | 112.37M | 120.63M | 134.95M | 146.53M | 165.58M | 175.36M |
| Cash Only | 298.21M | 98.7M | 81.11M | 78.81M | 82.2M | 65.83M | 41.46M | 49.39M | 61.31M | 53.21M | 52.09M | 41.82M | 48.4M | 57.83M | 62.18M | 70.63M | 134.95M | 146.53M | 165.58M | 175.36M |
| Short-Term Investments | 34.38M | 34.93M | 34.68M | 34.89M | 34.52M | 34.87M | 65.24M | 65.17M | 59.77M | 59.67M | 59.51M | 59.89M | 59.97M | 50.39M | 50.19M | 50M | 0 | 0 | 0 | 0 |
| Accounts Receivable | 48.1M | 50.84M | 49.32M | 44.42M | 36.58M | 34.9M | 40.28M | 32.19M | 27.55M | 39.59M | 35.52M | 46.25M | 36.14M | 37.91M | 43.8M | 45.94M | 36.91M | 51.23M | 36.49M | 36.83M |
| Days Sales Outstanding | 55.53 | 56.75 | 64.61 | 59.7 | 62.25 | 72.99 | 59.4 | 53.81 | 68.6 | 66.57 | 74.28 | 70.33 | 61.61 | 66.32 | 68.7 | 61.98 | 61.53 | 59.82 | 46.69 | 45.09 |
| Inventory | 43.86M | 45.41M | 51.46M | 48.3M | 43.79M | 40.8M | 48.83M | 52.32M | 53.01M | 52.16M | 61.59M | 64.94M | 67.16M | 67.6M | 80.66M | 80.19M | 77.24M | 73.75M | 70.68M | 63.3M |
| Days Inventory Outstanding | 74.85 | 79.24 | 99.78 | 96.82 | 100.52 | 89.14 | 106.77 | 123.97 | 129.2 | 124.32 | 143.02 | 145.89 | 152.26 | 134 | 158.72 | 157.63 | 140.72 | 134.19 | 121.22 | 113.87 |
| Other Current Assets | 21.5M | 13.31M | 11.83M | 16.44M | 18.68M | 17.7M | 14.97M | 13.43M | 17.56M | 15.93M | 15.66M | 16.08M | 21.59M | 10.43M | 0 | 0 | 0 | 103K | 0 | 0 |
| Total Non-Current Assets | 69.63M | 74.92M | 70.3M | 72.39M | 74.22M | 76.15M | 80.51M | 81.8M | 83.63M | 86.25M | 88.47M | 92.92M | 96.51M | 98.48M | 97.58M | 99.09M | 98.41M | 96.41M | 91.95M | 91.52M |
| Property, Plant & Equipment | 55.16M | 57.13M | 54.38M | 55.71M | 56.79M | 57.76M | 59.16M | 61.36M | 62.97M | 64.92M | 67.03M | 70.69M | 72.88M | 74.59M | 77.7M | 77.61M | 75.95M | 73.15M | 69.49M | 67.27M |
| Fixed Asset Turnover | 1.43x | 1.46x | 1.21x | 1.10x | 0.90x | 0.81x | 0.93x | 0.81x | 0.70x | 0.79x | 0.74x | 0.74x | 0.73x | 0.74x | 0.77x | 0.79x | 0.86x | 0.95x | 1.06x | 1.03x |
| Goodwill | 12.43M | 12.45M | 12.45M | 12.45M | 12.38M | 12.35M | 12.41M | 12.38M | 12.38M | 12.4M | 12.37M | 12.39M | 12.39M | 12.38M | 12.31M | 12.36M | 12.4M | 12.42M | 12.44M | 12.46M |
| Intangible Assets | 0 | 0 | 436K | 536K | 684K | 833K | 981K | 1.13M | 1.28M | 1.65M | 2.17M | 2.8M | 3.41M | 4.04M | 4.68M | 5.3M | 6M | 6.7M | 5.58M | 6.52M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 2.04M | 1.59M | 2.72M | 3.69M | 4.37M | 5.21M | 7.96M | 6.93M | 7M | 7.28M | 6.91M | 7.05M | 7.84M | 7.47M | 2.88M | 3.83M | 4.06M | 4.15M | 4.44M | 5.28M |
| Total Assets | 515.7M | 318.11M | 298.69M | 295.25M | 290M | 270.24M | 291.29M | 294.3M | 302.83M | 306.8M | 312.83M | 321.9M | 329.76M | 329.23M | 348.55M | 360.47M | 367.91M | 373.62M | 381.97M | 378.57M |
| Asset Turnover | 0.19x | 0.26x | 0.22x | 0.21x | 0.18x | 0.17x | 0.19x | 0.17x | 0.15x | 0.17x | 0.16x | 0.16x | 0.16x | 0.17x | 0.17x | 0.17x | 0.17x | 0.18x | 0.19x | 0.18x |
| Asset Growth % | 77.83% | 17.71% | 2.54% | 0.32% | -4.24% | -11.92% | -6.88% | -8.57% | -8.17% | -6.81% | -10.25% | -10.7% | -10.37% | -11.88% | -8.75% | -4.78% | -1.91% | 31.72% | 36.23% | 34.54% |
| Total Current Liabilities | 63.05M | 64.21M | 40.54M | 39.56M | 37.16M | 34.23M | 36.15M | 34.84M | 38.26M | 32.75M | 33.57M | 36.11M | 36.74M | 34.49M | 38.74M | 41.52M | 40.63M | 45.77M | 52.08M | 46.83M |
| Accounts Payable | 19.13M | 20.89M | 16.9M | 18.38M | 16.92M | 15.08M | 16.47M | 13.36M | 13.91M | 12.17M | 14.33M | 17.57M | 17.76M | 17.51M | 19.75M | 23.32M | 23.12M | 26.35M | 31.87M | 25.68M |
| Days Payables Outstanding | 33.55 | 30.91 | 35.28 | 37.11 | 38.02 | 31.37 | 31.48 | 32.1 | 32.03 | 28.96 | 36.06 | 39.02 | 39.85 | 33.68 | 42.5 | 46.5 | 46.11 | 54.09 | 52.07 | 46 |
| Short-Term Debt | 22.9M | 22.78M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Deferred Revenue (Current) | 4.09M | 1.49M | 2.35M | 2.46M | 2.85M | 3.58M | 2.92M | 5.65M | 7.58M | 4.85M | 2.02M | 1.36M | 1.27M | 1.41M | 1.74M | 2.03M | 983K | 1.63M | 1.61M | 2.67M |
| Other Current Liabilities | 16.93M | 4.21M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 7.07x | 3.79x | 5.63x | 5.63x | 5.81x | 5.67x | 5.83x | 6.10x | 5.73x | 6.73x | 6.68x | 6.34x | 6.35x | 6.69x | 6.48x | 6.30x | 6.63x | 6.06x | 5.57x | 6.13x |
| Quick Ratio | 6.38x | 3.08x | 4.36x | 4.41x | 4.63x | 4.48x | 4.48x | 4.60x | 4.34x | 5.14x | 4.85x | 4.54x | 4.52x | 4.73x | 4.40x | 4.36x | 4.73x | 4.45x | 4.21x | 4.78x |
| Cash Conversion Cycle | 96.83 | 105.07 | 129.1 | 119.41 | 124.75 | 130.76 | 134.68 | 145.68 | 165.76 | 161.94 | 181.24 | 177.2 | 174.02 | 166.64 | 184.92 | 173.11 | 156.15 | 139.92 | 115.85 | 112.96 |
| Total Non-Current Liabilities | 23.41M | 27.15M | 39.66M | 39.69M | 40.07M | 19.58M | 19.88M | 19.93M | 20.21M | 19.63M | 19.74M | 20.43M | 23.86M | 23.9M | 23.98M | 25.1M | 26.7M | 25.71M | 25.9M | 27.1M |
| Long-Term Debt | 12.68M | 0 | 20M | 20M | 20M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 30K |
| Capital Lease Obligations | 0 | 13.43M | 9M | 9.58M | 10.09M | 9.82M | 10.02M | 10.45M | 10.99M | 10.98M | 11.45M | 12.11M | 12.58M | 12.85M | 13.52M | 14.12M | 15.19M | 14.61M | 14.92M | 15.51M |
| Deferred Tax Liabilities | 0 | 2.9M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 10.73M | 5.26M | 10.66M | 10.11M | 9.98M | 9.76M | 9.86M | 9.48M | 9.22M | 8.65M | 8.29M | 8.31M | 11.29M | 11.04M | 10.46M | 10.98M | 11.51M | 11.1M | 10.98M | 11.56M |
| Total Liabilities | 86.46M | 91.36M | 80.2M | 79.25M | 77.24M | 53.81M | 56.02M | 54.77M | 58.47M | 52.38M | 53.31M | 56.54M | 60.6M | 58.39M | 62.72M | 66.62M | 67.33M | 71.48M | 77.97M | 73.93M |
| Total Debt | 35.58M | 36.21M | 31.31M | 32M | 32.62M | 12.13M | 12.63M | 13.38M | 14.16M | 14.16M | 14.5M | 15.2M | 15.58M | 15.61M | 16.21M | 17.15M | 18.33M | 17.68M | 17.78M | 18.46M |
| Net Debt | -262.63M | -62.49M | -49.8M | -46.81M | -49.57M | -53.7M | -28.82M | -36M | -47.14M | -39.05M | -37.59M | -26.62M | -32.83M | -42.22M | -45.97M | -53.48M | -116.62M | -128.86M | -147.81M | -156.91M |
| Debt / Equity | 0.08x | 0.16x | 0.14x | 0.15x | 0.15x | 0.06x | 0.05x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x |
| Debt / EBITDA | 12.08x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | -89.18x | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Interest Coverage | -1.41x | -13.01x | -4.79x | -8.21x | - | - | - | - | - | - | - | - | - | - | - | - | - | -234.19x | -337.95x | -281.69x |
| Total Equity | 429.24M | 226.75M | 218.49M | 216M | 212.76M | 216.43M | 235.27M | 239.53M | 244.36M | 254.42M | 259.52M | 265.36M | 269.16M | 270.85M | 285.84M | 293.85M | 300.58M | 302.13M | 304M | 304.65M |
| Equity Growth % | 101.75% | 4.77% | -7.13% | -9.82% | -12.93% | -14.93% | -9.34% | -9.73% | -9.22% | -6.06% | -9.21% | -9.7% | -10.45% | -10.36% | -5.97% | -3.54% | -1.14% | 37.39% | 40.68% | 44.16% |
| Book Value per Share | 7.16 | 4.45 | 4.40 | 4.36 | 4.33 | 4.52 | 4.89 | 5.03 | 5.17 | 5.44 | 5.59 | 5.80 | 5.89 | 6.01 | 6.38 | 6.65 | 6.89 | 6.98 | 7.09 | 7.20 |
| Total Shareholders' Equity | 429.24M | 226.75M | 218.49M | 216M | 212.76M | 216.43M | 235.27M | 239.53M | 244.36M | 254.42M | 259.52M | 265.36M | 269.16M | 270.85M | 285.84M | 293.85M | 300.58M | 302.13M | 304M | 304.65M |
| Common Stock | 17K | 16K | 16K | 16K | 16K | 16K | 16K | 16K | 16K | 16K | 16K | 16K | 16K | 16K | 16K | 15K | 15K | 15K | 15K | 15K |
| Retained Earnings | -347.92M | -348.56M | -343.65M | -336.78M | -333.19M | -325.1M | -300.13M | -289.8M | -278.07M | -264.3M | -251.07M | -239.19M | -230.36M | -222.63M | -199.97M | -187.02M | -176.68M | -168.06M | -159.31M | -152.43M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -3.34M | -3.06M | -3.02M | -2.99M | -3.73M | -3.33M | -2.39M | -2.51M | -2.59M | -2.48M | -3.23M | -3.12M | -2.17M | -2.75M | -4.07M | -2.55M | -683K | -587K | -802K | -424K |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |