LPTH: Lightpath Technologies Inc Financial Statements
Balance sheet, income statement, and cash flow statements for Lightpath Technologies Inc (LPTH).
$48.90M Market Cap.
LPTH Market Cap. (MRY)
LPTH Shares Outstanding (MRY)
LPTH Assets (MRY)
Total Assets
$48.09M
Total Liabilities
$17.89M
Total Investments
$0
LPTH Income (MRY)
Revenue
$31.73M
Net Income
-$8.01M
Operating Expense
$16.46M
LPTH Cash Flow (MRY)
CF Operations
$521.04K
CF Investing
-$2.67M
CF Financing
-$1.47M
LPTH Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Total Assets | $48,086,964 (-10.18%) | $53,536,184 (5.57%) | $50,713,921 (-7.14%) | $54,610,990 (14.79%) |
Assets Current | $15,537,335 (-28.60%) | $21,760,091 (19.76%) | $18,169,414 (-12.24%) | $20,703,102 (-2.61%) |
Assets Non-Current | $32,549,629 (2.43%) | $31,776,093 (-2.36%) | $32,544,507 (-4.02%) | $33,907,888 (28.84%) |
Goodwill & Intangible Assets | $10,414,866 (13.36%) | $9,187,620 (-10.91%) | $10,312,703 (-9.84%) | $11,437,786 (-8.96%) |
Shareholders Equity | $30,199,665 (-16.00%) | $35,952,525 (20.93%) | $29,731,238 (-11.45%) | $33,577,485 (-2.86%) |
Property Plant & Equipment Net | $21,952,161 (-1.92%) | $22,382,534 (1.46%) | $22,061,067 (-1.05%) | $22,295,365 (71.25%) |
Cash & Equivalents | $3,480,268 (-51.29%) | $7,144,490 (29.71%) | $5,507,891 (-18.70%) | $6,774,694 (25.75%) |
Accumulated Other Comprehensive Income | $509,936 (-15.93%) | $606,536 (-35.14%) | $935,125 (-55.81%) | $2,116,152 (187.56%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $6,551,059 (-11.60%) | $7,410,734 (6.09%) | $6,985,427 (-19.33%) | $8,659,587 (-3.62%) |
Trade & Non-Trade Receivables | $4,928,931 (-25.71%) | $6,634,574 (27.31%) | $5,211,292 (8.72%) | $4,793,457 (-24.16%) |
Trade & Non-Trade Payables | $3,231,713 (25.55%) | $2,574,135 (-16.26%) | $3,073,933 (5.12%) | $2,924,333 (14.29%) |
Accumulated Retained Earnings (Deficit) | -$215,843,575 (-3.85%) | -$207,836,229 (-1.99%) | -$203,789,358 (-1.77%) | -$200,247,177 (-1.62%) |
Tax Assets | $123,000 (-12.14%) | $140,000 (-2.10%) | $143,000 (-2.72%) | $147,000 (-77.69%) |
Tax Liabilities | $326,197 (-29.85%) | $465,000 (-14.05%) | $541,015 (0%) | $0 (0%) |
Total Debt | $10,359,451 (-16.34%) | $12,382,386 (-15.92%) | $14,727,773 (3.48%) | $14,231,864 (86.54%) |
Debt Current | $1,446,316 (-31.04%) | $2,097,350 (3.85%) | $2,019,662 (22.66%) | $1,646,565 (-18.68%) |
Debt Non-Current | $8,913,135 (-13.34%) | $10,285,036 (-19.07%) | $12,708,111 (0.98%) | $12,585,299 (124.55%) |
Total Liabilities | $17,887,299 (1.73%) | $17,583,659 (-16.20%) | $20,982,683 (-0.24%) | $21,033,505 (61.70%) |
Liabilities Current | $8,036,348 (17.60%) | $6,833,623 (-11.64%) | $7,733,557 (-8.46%) | $8,448,206 (14.11%) |
Liabilities Non-Current | $9,850,951 (-8.36%) | $10,750,036 (-18.86%) | $13,249,126 (5.27%) | $12,585,299 (124.55%) |
LPTH Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Revenues | $31,726,192 (-3.67%) | $32,933,949 (-7.38%) | $35,559,160 (-7.55%) | $38,464,821 (10.00%) |
Cost of Revenue | $23,094,946 (5.65%) | $21,859,126 (-7.94%) | $23,744,524 (-5.09%) | $25,017,051 (18.42%) |
Selling General & Administrative Expense | $12,297,383 (7.52%) | $11,437,241 (1.92%) | $11,221,866 (-6.40%) | $11,989,597 (33.80%) |
Research & Development Expense | $2,400,420 (11.89%) | $2,145,413 (2.86%) | $2,085,686 (-3.71%) | $2,165,951 (26.36%) |
Operating Expenses | $16,457,910 (12.50%) | $14,629,364 (1.36%) | $14,432,635 (-5.60%) | $15,289,582 (30.71%) |
Interest Expense | $191,862 (-32.27%) | $283,266 (23.44%) | $229,475 (6.56%) | $215,354 (-36.56%) |
Income Tax Expense | $67,490 (-71.16%) | $234,034 (-72.88%) | $862,907 (-7.60%) | $933,915 (22.24%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$8,007,346 (-97.87%) | -$4,046,871 (-14.25%) | -$3,542,181 (-11.21%) | -$3,185,251 (-467.42%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$8,007,346 (-97.87%) | -$4,046,871 (-14.25%) | -$3,542,181 (-11.21%) | -$3,185,251 (-467.42%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$8,007,346 (-97.87%) | -$4,046,871 (-14.25%) | -$3,542,181 (-11.21%) | -$3,185,251 (-467.42%) |
Weighted Average Shares | $37,944,935 (19.94%) | $31,637,445 (17.09%) | $27,019,534 (2.68%) | $26,314,025 (1.78%) |
Weighted Average Shares Diluted | $37,944,935 (19.94%) | $31,637,445 (17.09%) | $27,019,534 (2.68%) | $26,314,025 (-4.21%) |
Earning Before Interest & Taxes (EBIT) | -$7,747,994 (-119.52%) | -$3,529,571 (-44.08%) | -$2,449,799 (-20.33%) | -$2,035,982 (-203.33%) |
Gross Profit | $8,631,246 (-22.06%) | $11,074,823 (-6.26%) | $11,814,636 (-12.14%) | $13,447,770 (-2.85%) |
Operating Income | -$7,826,664 (-120.19%) | -$3,554,541 (-35.77%) | -$2,617,999 (-42.14%) | -$1,841,812 (-185.86%) |
LPTH Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Net Cash Flow from Investing | -$2,665,236 (7.07%) | -$2,867,985 (-76.32%) | -$1,626,614 (48.51%) | -$3,158,784 (-40.03%) |
Net Cash Flow from Financing | -$1,466,440 (-119.67%) | $7,455,876 (1271.99%) | -$636,174 (24.57%) | -$843,429 (-35.66%) |
Net Cash Flow from Operations | $521,037 (118.55%) | -$2,809,523 (-291.89%) | $1,464,128 (-69.06%) | $4,732,024 (26.77%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$3,664,222 (-323.89%) | $1,636,599 (229.19%) | -$1,266,803 (-191.31%) | $1,387,306 (77.25%) |
Net Cash Flow - Business Acquisitions and Disposals | -$847,141 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$1,818,095 (36.61%) | -$2,867,985 (-76.32%) | -$1,626,614 (48.51%) | -$3,158,784 (-40.03%) |
Issuance (Repayment) of Debt Securities | -$2,312,449 (-29.62%) | -$1,784,014 (-184.69%) | -$626,662 (38.33%) | -$1,016,099 (-51.98%) |
Issuance (Purchase) of Equity Shares | $846,009 (-90.84%) | $9,239,890 (17768.33%) | $51,711 (-70.05%) | $172,670 (268.36%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | -$53,583 (62.20%) | -$141,769 (69.72%) | -$468,143 (-171.20%) | $657,495 (1005.33%) |
Share Based Compensation | $1,019,023 (-22.27%) | $1,310,957 (58.86%) | $825,250 (28.37%) | $642,865 (156.39%) |
Depreciation Amortization & Accretion | $4,048,409 (27.53%) | $3,174,569 (-12.25%) | $3,617,743 (3.09%) | $3,509,436 (2.48%) |
LPTH Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
---|---|---|---|---|
Gross Margin | 27.20% (-19.05%) | 33.60% (1.20%) | 33.20% (-5.14%) | 35.00% (-11.62%) |
Profit Margin | -25.20% (-104.88%) | -12.30% (-23.00%) | -10.00% (-20.48%) | -8.30% (-432.00%) |
EBITDA Margin | -11.70% (-963.64%) | -1.10% (-133.33%) | 3.30% (-13.16%) | 3.80% (-75.32%) |
Return on Average Equity (ROAE) | -24.50% (-94.44%) | -12.60% (-12.50%) | -11.20% (-24.44%) | -9.00% (-446.15%) |
Return on Average Assets (ROAA) | -15.50% (-93.75%) | -8.00% (-17.65%) | -6.80% (-7.94%) | -6.30% (-431.58%) |
Return on Sales (ROS) | -24.40% (-128.04%) | -10.70% (-55.07%) | -6.90% (-30.19%) | -5.30% (-194.64%) |
Return on Invested Capital (ROIC) | -19.90% (-131.40%) | -8.60% (-53.57%) | -5.60% (6.67%) | -6.00% (-190.91%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -6 (42.22%) | -10.38 (-9.75%) | -9.46 (55.30%) | -21.17 (-119.01%) |
Price to Sales Ratio (P/S) | 1.51 (16.19%) | 1.3 (38.72%) | 0.94 (-46.20%) | 1.74 (-29.61%) |
Price to Book Ratio (P/B) | 1.62 (15.48%) | 1.4 (25.29%) | 1.12 (-44.33%) | 2.01 (-19.57%) |
Debt to Equity Ratio (D/E) | 0.59 (21.06%) | 0.49 (-30.74%) | 0.71 (12.78%) | 0.63 (66.49%) |
Earnings Per Share (EPS) | -0.21 (-61.54%) | -0.13 (0.00%) | -0.13 (-8.33%) | -0.12 (-500.00%) |
Sales Per Share (SPS) | 0.84 (-19.69%) | 1.04 (-20.90%) | 1.32 (-9.99%) | 1.46 (8.06%) |
Free Cash Flow Per Share (FCFPS) | -0.03 (81.01%) | -0.18 (-2883.33%) | -0.01 (-110.00%) | 0.06 (5.26%) |
Book Value Per Share (BVPS) | 0.8 (-29.93%) | 1.14 (3.27%) | 1.1 (-13.79%) | 1.28 (-4.56%) |
Tangible Assets Book Value Per Share (TABVPS) | 0.99 (-29.17%) | 1.4 (-6.22%) | 1.5 (-8.90%) | 1.64 (21.20%) |
Enterprise Value Over EBIT (EV/EBIT) | -7 (53.33%) | -15 (16.67%) | -18 (47.06%) | -34 (-173.91%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -15.27 (89.74%) | -148.84 (-502.55%) | 36.98 (-20.51%) | 46.51 (179.68%) |
Asset Turnover | 0.61 (-5.40%) | 0.65 (-4.85%) | 0.68 (-10.63%) | 0.76 (1.60%) |
Current Ratio | 1.93 (-39.29%) | 3.18 (35.55%) | 2.35 (-4.16%) | 2.45 (-14.63%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$1,297,058 (77.15%) | -$5,677,508 (-3394.15%) | -$162,486 (-110.33%) | $1,573,240 (6.51%) |
Enterprise Value (EV) | $56,489,690 (6.91%) | $52,839,616 (22.36%) | $43,184,455 (-36.99%) | $68,536,479 (-23.61%) |
Earnings Before Tax (EBT) | -$7,939,856 (-108.24%) | -$3,812,837 (-42.31%) | -$2,679,274 (-19.01%) | -$2,251,336 (-238.04%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$3,699,585 (-942.13%) | -$355,002 (-130.40%) | $1,167,944 (-20.73%) | $1,473,454 (-72.69%) |
Invested Capital | $36,514,933 (-14.59%) | $42,752,837 (2.07%) | $41,887,543 (-0.70%) | $42,182,168 (41.31%) |
Working Capital | $7,500,987 (-49.75%) | $14,926,468 (43.03%) | $10,435,857 (-14.84%) | $12,254,896 (-11.55%) |
Tangible Asset Value | $37,672,098 (-15.05%) | $44,348,564 (9.77%) | $40,401,218 (-6.42%) | $43,173,204 (23.31%) |
Market Capitalization | $48,897,364 (-2.96%) | $50,389,898 (51.47%) | $33,267,552 (-50.70%) | $67,477,452 (-21.88%) |
Average Equity | $32,625,674 (1.37%) | $32,185,668 (1.72%) | $31,641,370 (-10.61%) | $35,397,006 (5.67%) |
Average Assets | $51,792,444 (1.89%) | $50,830,756 (-2.69%) | $52,236,782 (3.48%) | $50,479,188 (8.22%) |
Invested Capital Average | $38,931,023 (-5.31%) | $41,112,419 (-6.50%) | $43,968,671 (29.75%) | $33,886,313 (12.68%) |
Shares | 38,807,432 (3.97%) | 37,325,850 (38.00%) | 27,046,790 (1.81%) | 26,565,926 (2.72%) |