LightPath Technologies, Inc. (LPTH) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'26 | Q2'26 | 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 |
|---|
| Total Current Assets | 83M | 97M | 35.16M | 28.37M | 28.08M | 15.65M | 16.81M | 15.54M | 15.55M | 18.78M | 19.97M | 21.76M | 23.43M | 16.16M | 16.41M | 18.17M | 18.31M | 18.01M | 19.07M | 20.7M |
| Cash & Short-Term Investments | 55.24M | 73.57M | 11.51M | 4.88M | 6.48M | 3.2M | 4.28M | 3.48M | 3.01M | 3.54M | 4.32M | 4.69M | 9.9M | 3.79M | 4.3M | 5.51M | 5.24M | 5.05M | 3.98M | 6.77M |
| Cash Only | 55.24M | 73.57M | 11.51M | 4.88M | 6.48M | 3.2M | 4.28M | 3.48M | 3.01M | 3.54M | 4.32M | 4.69M | 9.9M | 3.79M | 4.3M | 5.51M | 5.24M | 5.05M | 3.98M | 6.77M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 10.8M | 8.58M | 9.59M | 9.46M | 7.65M | 5.28M | 5.2M | 4.93M | 4.66M | 4.71M | 5.05M | 6.63M | 4.79M | 5.01M | 4.67M | 5.21M | 5.01M | 5.22M | 5.93M | 4.79M |
| Days Sales Outstanding | 45.54 | 51.14 | 58.19 | 63.75 | 63.47 | 64.91 | 55.45 | 50.54 | 55.37 | 61.37 | 66.55 | 53.67 | 59.49 | 52.52 | 61.68 | 52.2 | 55.43 | 55.5 | 54.19 | 61.55 |
| Inventory | 13.34M | 13.49M | 12.86M | 12.86M | 12.69M | 6.43M | 6.79M | 6.55M | 6.83M | 7.52M | 7.5M | 7.41M | 8.23M | 6.91M | 7.01M | 6.99M | 7.62M | 7.32M | 8.71M | 8.66M |
| Days Inventory Outstanding | 95.31 | 112.44 | 111.88 | 122.11 | 132.27 | 110.68 | 110.46 | 99.64 | 107.14 | 134.26 | 119.41 | 107.78 | 139.84 | 122 | 125.38 | 108.95 | 127.48 | 114.39 | 134.69 | 127.33 |
| Other Current Assets | 3.63M | 23.19K | 12.35K | 40.15K | 57.81K | 89.89K | 2.22K | 131.18K | 569.8K | 2.54M | 3.1M | 2.46M | 508.08K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 61.26M | 51.56M | 52.11M | 53.13M | 53.34M | 30.18M | 31.64M | 32.55M | 34.16M | 35.28M | 35.34M | 31.78M | 31.89M | 30.81M | 31.08M | 32.54M | 34M | 33.85M | 35M | 33.91M |
| Property, Plant & Equipment | 24.23M | 22.61M | 22.7M | 23.29M | 21.92M | 20.27M | 21.44M | 21.95M | 23.11M | 23.79M | 23.17M | 22.38M | 22.23M | 20.87M | 20.86M | 22.06M | 23.23M | 22.8M | 23.67M | 22.3M |
| Fixed Asset Turnover | 0.82x | 0.72x | 0.65x | 0.54x | 0.43x | 0.36x | 0.39x | 0.38x | 0.33x | 0.31x | 0.35x | 0.43x | 0.34x | 0.41x | 0.34x | 0.39x | 0.36x | 0.40x | 0.40x | 0.45x |
| Goodwill | 19.32M | 13.75M | 13.75M | 13.75M | 9.74M | 6.76M | 6.76M | 6.76M | 6.76M | 6.76M | 8.92M | 5.85M | 5.85M | 5.85M | 5.85M | 5.85M | 5.85M | 5.85M | 5.85M | 5.85M |
| Intangible Assets | 17.59M | 15.09M | 15.54M | 15.99M | 21.48M | 2.96M | 3.25M | 3.65M | 4.09M | 4.52M | 3.05M | 3.33M | 3.61M | 3.9M | 4.18M | 4.46M | 4.74M | 5.02M | 5.3M | 5.58M |
| 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 | 99.99K | 87.37K | 86.73K | 73.92K | 79.86K | 59.54K | 58K | 59.6K | 61.04K | 66.01K | 67.77K | 65.94K | 191.08K | 47.99K | 47.07K | 27.74K | 27.74K | 27.74K | 27.74K | 27.74K |
| Total Assets | 144.27M | 148.56M | 87.26M | 81.51M | 81.42M | 45.83M | 48.44M | 48.09M | 49.71M | 54.06M | 55.31M | 53.54M | 55.32M | 46.97M | 47.49M | 50.71M | 52.3M | 51.86M | 54.07M | 54.61M |
| Asset Turnover | 0.13x | 0.14x | 0.18x | 0.15x | 0.14x | 0.16x | 0.17x | 0.18x | 0.15x | 0.13x | 0.15x | 0.18x | 0.14x | 0.18x | 0.15x | 0.17x | 0.16x | 0.17x | 0.17x | 0.16x |
| Asset Growth % | 77.18% | 224.16% | 80.12% | 69.5% | 63.81% | -15.23% | -12.42% | -10.18% | -10.15% | 15.09% | 16.47% | 5.57% | 5.78% | -9.42% | -12.18% | -7.14% | 7.38% | 3.93% | 11.03% | 14.79% |
| Total Current Liabilities | 21.53M | 24.42M | 17.75M | 17.1M | 12.23M | 10.23M | 9.74M | 8.04M | 7.75M | 9.73M | 8.52M | 6.83M | 7.45M | 6.51M | 7.17M | 7.73M | 7.29M | 7.05M | 7.77M | 8.45M |
| Accounts Payable | 6.03M | 5.98M | 5.5M | 7.42M | 5.74M | 3.11M | 2.66M | 3.23M | 2.8M | 2.9M | 2.91M | 2.57M | 3.37M | 2.37M | 2.34M | 3.07M | 2.66M | 2.25M | 2.58M | 2.92M |
| Days Payables Outstanding | 42.65 | 48.97 | 56.2 | 62.9 | 61.25 | 48.36 | 48.8 | 44.91 | 42.54 | 51.89 | 43.89 | 40.99 | 53 | 41.29 | 48.56 | 42.79 | 41.93 | 34.49 | 42.7 | 37.17 |
| Short-Term Debt | 1.56M | 115.77K | 144.14K | 172.57K | 185.63K | 3.02M | 2.96M | 209.17K | 323.69K | 2.14M | 1.27M | 1.02M | 849.33K | 1.09M | 1.09M | 998.69K | 902.6K | 777.42K | 694.3K | 634.85K |
| Deferred Revenue (Current) | 1.2M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 9.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio | 3.86x | 3.97x | 1.98x | 1.66x | 2.30x | 1.53x | 1.73x | 1.93x | 2.01x | 1.93x | 2.34x | 3.18x | 3.14x | 2.48x | 2.29x | 2.35x | 2.51x | 2.55x | 2.46x | 2.45x |
| Quick Ratio | 3.24x | 3.42x | 1.26x | 0.91x | 1.26x | 0.90x | 1.03x | 1.12x | 1.13x | 1.16x | 1.46x | 2.10x | 2.04x | 1.42x | 1.31x | 1.45x | 1.47x | 1.52x | 1.33x | 1.43x |
| Cash Conversion Cycle | 98.2 | 114.6 | 113.87 | 122.96 | 134.49 | 127.22 | 117.11 | 105.27 | 119.97 | 143.74 | 142.07 | 120.46 | 146.33 | 133.24 | 138.5 | 118.36 | 140.99 | 135.41 | 146.18 | 151.71 |
| Total Non-Current Liabilities | 9.85M | 46.2M | 48.07M | 48.76M | 53.47M | 8.9M | 9.26M | 9.85M | 10.25M | 10.64M | 11.89M | 10.75M | 11.02M | 12.26M | 12.58M | 13.25M | 13.19M | 12.74M | 13.37M | 12.59M |
| Long-Term Debt | 103.66K | 135.07K | 4.87M | 4.8M | 4.69M | 222.83K | 284.88K | 325.88K | 275.75K | 326.51K | 1.24M | 1.55M | 1.78M | 2.77M | 2.95M | 3.22M | 3.49M | 3.78M | 4.1M | 4.06M |
| Capital Lease Obligations | 9.66M | 8.45M | 8.81M | 8.75M | 7.98M | 8.04M | 8.33M | 8.59M | 8.89M | 8.92M | 9.11M | 8.73M | 8.71M | 8.97M | 9.12M | 9.49M | 9.7M | 8.96M | 9.27M | 8.53M |
| Deferred Tax Liabilities | 88.1K | 86.27K | 152.99K | 152.76K | 1.5M | 323.4K | 331.75K | 326.2K | 473.57K | 474.39K | 467.98K | 465K | 528.39K | 521.35K | 511.42K | 541.01K | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 37.53M | 34.24M | 35.06M | 39.3M | 315.48K | 315.48K | 611.62K | 611.62K | 919.62K | 1.07M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 31.38M | 70.62M | 65.82M | 65.86M | 65.7M | 19.13M | 19M | 17.89M | 18M | 20.36M | 20.42M | 17.58M | 18.47M | 18.77M | 19.75M | 20.98M | 20.48M | 19.79M | 21.14M | 21.03M |
| Total Debt | 11.32M | 10.27M | 15.36M | 15.19M | 14.33M | 12.48M | 12.79M | 10.36M | 10.75M | 12.62M | 12.75M | 12.38M | 12.35M | 13.79M | 14.14M | 14.73M | 15.16M | 14.46M | 15.13M | 14.23M |
| Net Debt | -43.91M | -63.31M | 3.86M | 10.31M | 7.85M | 9.28M | 8.51M | 6.88M | 7.74M | 9.09M | 8.43M | 7.7M | 2.45M | 10M | 9.85M | 9.22M | 9.92M | 9.41M | 11.16M | 7.46M |
| Debt / Equity | 0.10x | 0.13x | 0.72x | 0.97x | 0.91x | 0.47x | 0.43x | 0.34x | 0.34x | 0.37x | 0.37x | 0.34x | 0.34x | 0.49x | 0.51x | 0.50x | 0.48x | 0.45x | 0.46x | 0.42x |
| Debt / EBITDA | 10.26x | 10.29x | - | - | - | - | - | - | - | - | - | 983.59x | - | 66.29x | - | 211.32x | 32.44x | - | 29.93x | - |
| Net Debt / EBITDA | -39.78x | -63.48x | - | - | - | - | - | - | - | - | - | 611.28x | - | 48.06x | - | 132.29x | 21.23x | - | 22.07x | - |
| Interest Coverage | -0.59x | -0.84x | -9.46x | -6.26x | -6.82x | -14.19x | -8.69x | -32.70x | -68.26x | -29.45x | -20.27x | -15.12x | -13.22x | -6.82x | -17.17x | -9.89x | -8.31x | -19.26x | -9.98x | -44.88x |
| Total Equity | 112.88M | 77.94M | 21.44M | 15.64M | 15.72M | 26.7M | 29.44M | 30.2M | 31.71M | 33.7M | 34.89M | 35.95M | 36.85M | 28.2M | 27.74M | 29.73M | 31.83M | 32.07M | 32.94M | 33.58M |
| Equity Growth % | 617.89% | 191.86% | -27.19% | -48.2% | -50.41% | -20.76% | -15.62% | -16% | -13.96% | 19.5% | 25.8% | 20.93% | 15.79% | -12.06% | -15.79% | -11.45% | -11.57% | -11.78% | -7.65% | -2.86% |
| Book Value per Share | 1.93 | 1.66 | 0.50 | 0.36 | 0.38 | 0.67 | 0.74 | 0.78 | 0.83 | 0.90 | 0.93 | 0.96 | 1.05 | 1.04 | 1.02 | 1.10 | 1.18 | 1.19 | 1.22 | 1.25 |
| Total Shareholders' Equity | 112.88M | 77.94M | 21.44M | 15.64M | 15.72M | 26.7M | 29.44M | 30.2M | 31.71M | 33.7M | 34.89M | 35.95M | 36.85M | 28.2M | 27.74M | 29.73M | 31.83M | 32.07M | 32.94M | 33.58M |
| Common Stock | 612.07K | 544.43K | 446.7K | 429.49K | 428.94K | 398.91K | 396.13K | 392.55K | 381.26K | 375.49K | 374.55K | 373.45K | 372.31K | 272.75K | 270.72K | 270.47K | 270.34K | 270.22K | 269.94K | 269.86K |
| Retained Earnings | -247.12M | -243.02M | -233.61M | -230.72M | -223.66M | -220.08M | -217.47M | -215.84M | -213.49M | -210.89M | -209.18M | -207.84M | -207.03M | -205.86M | -205.17M | -203.79M | -202.43M | -201.93M | -200.88M | -200.25M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1.29M | 1.28M | 1.07M | 978.69K | 451.07K | 330.5K | 781.53K | 509.94K | 628.95K | 741.3K | 481.33K | 606.54K | 977.03K | 688.42K | 17.3K | 935.13K | 1.95M | 1.97M | 1.97M | 2.12M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |