LightPath Technologies Reports Fiscal 2025 Net Loss of $14.9 Million, or $0.36 Loss Per Share, Compared to $8.0 Million Net Loss in Fiscal 2024
LightPath Technologies Inc. reported a net loss of approximately $14.9 million for the fiscal year ending June 30, 2025, compared to a net loss of about $8.0 million in the prior year. The company attributed the increased net loss in part to a $3.5 million rise in operating loss driven by higher operating expenses, partially offset by improved gross margin. Non-operating items impacting the fiscal year 2025 results included a $1.0 million increase in interest expense, a $0.4 million loss on extinguishment of debt, and a $1.4 million change in the fair value of warrant liability, all related to acquisition financing activities. Adjusted EBITDA for fiscal year 2025 was a loss of $2.0 million, representing -16% of revenue, compared to a loss of $1.1 million or -13% of revenue in the previous year. Management noted that performance indicators are reviewed regularly, including units of production and other non-financial metrics, as the company seeks to leverage its optical design engineering capabilities to secure new business, particularly from customers seeking U.S.-based suppliers for critical components. The company highlighted its ongoing efforts to serve as a supply source for customers reluctant to purchase from foreign suppliers. No outlook or guidance for future periods was provided in the report.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. LightPath Technologies Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001654954-25-011130), on September 26, 2025, and is solely responsible for the information contained therein.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.