LightPath Technologies, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the SEC on November 10, 2026, reporting condensed consolidated financial results for the first fiscal quarter of 2027.

Key Highlights

  • Total assets: According to the filing, total assets were $196,991,343 as of September 30, 2026, compared with $194,007,621 as of June 30, 2026.
  • Cash and cash equivalents: The company reported cash and cash equivalents of $82,934,165 as of September 30, 2026, down from $93,204,655 as of June 30, 2026.
  • Inventories: Net inventories increased to $31,486,533 as of September 30, 2026 from $18,005,559 as of June 30, 2026.
  • Total liabilities: Total liabilities were $36,832,633 as of September 30, 2026, compared with $35,628,138 as of June 30, 2026.
  • Shares outstanding: 70,088,026 shares of Class A common stock, $0.01 par value, were outstanding as of November 6, 2026.
  • Series G Convertible Preferred Stock: 6,492 shares were issued and outstanding with a carrying value of $8,906,686 as of September 30, 2026.

LightPath Technologies Balance Sheet Position for the Quarter Ended September 30, 2026

LightPath Technologies, Inc. (NASDAQ:LPTH), a Delaware-incorporated company headquartered in Orlando, Florida, submitted its quarterly report covering the period ended September 30, 2026. The filing identifies the company as a non-accelerated filer and smaller reporting company. According to the condensed consolidated balance sheet included in the report, total current assets stood at $132,156,020 at the close of the quarter, up from $129,896,450 at June 30, 2026.

The filing disclosed that trade accounts receivable, net of an allowance of $112,025, were $15,182,690 as of September 30, 2026, compared with net receivables of $15,112,908 net of a $63,162 allowance at June 30, 2026. Property and equipment, net, rose to $20,833,058 from $19,363,026 over the same period. Goodwill remained unchanged at $19,315,177, and intangible assets, net, were $16,679,575 as of September 30, 2026, versus $17,134,601 at June 30, 2026.

On the liabilities side, accounts payable increased to $10,954,633 from $7,686,144. Accrued liabilities declined to $11,889,102 from $12,779,784, and accrued payroll and benefits fell to $2,793,391 from $4,139,586. The filing notes that the company's forward-looking statements are subject to its cautionary language and are based on current expectations and assumptions, with actual results potentially differing materially due to risks including tariff impacts, supply chain conditions, geopolitical tensions, and general economic uncertainty, among others listed by the company.

What Was Disclosed

LightPath Technologies filed a Form 10-Q for the quarter ended September 30, 2026, disclosing unaudited condensed consolidated balance sheet data, share counts, and preferred stock details, with 70,088,026 Class A common shares outstanding as of November 6, 2026.