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LIGHTPATH TECHNOLOGIES INC (LPTH)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsMar-31-23Dec-31-22Sep-30-22Jun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21
   10-Q10-Q10-Q10-K10-Q10-Q10-Q10-K
Revenue, net  7.48.57.48.98.39.29.18.3
            Revenue, net growth  -10.8%-8.3%-19.1%6.9%-22.4%-6.8%-4.3%-8.5%
Cost of sales  4.95.25.16.15.36.45.96.3
    Gross margin  2.53.22.22.83.02.83.22.1
            Gross margin  34.2%38.1%30.3%31.5%36.5%30.3%34.8%24.8%
   
Operating expenses:          
Selling, general and administrative  2.83.02.62.82.62.92.94.0
New product development  0.50.50.50.50.60.60.40.5
Amortization of intangibles  0.30.30.30.30.30.30.30.3
(Gain) loss on disposal of property and equipment  -0.1   0.0   
    Total operating expenses  3.53.87.06.77.27.63.620.6
    Operating loss  -1.0-0.6-1.2-0.8-0.5-1.0-0.4-2.7
            Operating margin  -13.0%-6.6%-16.8%-8.8%-5.5%-10.6%-4.5%-32.9%
   
Other income (expense):          
Interest expense, net  -0.1-0.1-0.1-0.1-0.1-0.10.00.0
Other income (expense), net  -0.10.00.00.00.20.0-0.1-0.2
    Total other income (expense), net  -0.1-0.10.00.00.10.0-0.1-0.2
    Loss before income taxes  -1.1-0.6-1.3-0.8-0.3-1.0-0.5-3.0
Income tax provision  0.10.10.10.50.20.00.10.0
    Net loss  -1.2-0.7-1.4-1.4-0.5-1.1-0.6-2.9
Foreign currency translation adjustment  0.30.7-0.9-1.00.00.0-0.10.3
    Comprehensive loss  -0.90.0-2.3 -0.5-1.1-0.8 
   
Loss per common share (basic)  ($0.03)($0.03)($0.05)($0.05)($0.02)($0.04)($0.02)($0.11)
   
Number of shares used in per share calculation (basic)  35.127.227.127.027.027.027.026.3
Loss per common share (diluted)  ($0.03)($0.03)($0.05)($0.05)($0.02)($0.04)($0.02)($0.11)
Number of shares used in per share calculation (diluted)  35.1   27.0   

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