2024 Q4 Form 10-Q Financial Statement

#000112479624000129 Filed on November 08, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $56.13M
YoY Change 10.85%
Cost Of Revenue $43.58M
YoY Change 7.08%
Gross Profit $12.55M
YoY Change 26.28%
Gross Profit Margin 22.36%
Selling, General & Admin $13.02M
YoY Change 11.05%
% of Gross Profit 103.75%
Research & Development $11.33M
YoY Change 5.44%
% of Gross Profit 90.26%
Depreciation & Amortization $4.278M
YoY Change 7.22%
% of Gross Profit 34.09%
Operating Expenses $24.35M
YoY Change 8.37%
Operating Profit -$11.80M
YoY Change -5.84%
Interest Expense $394.0K
YoY Change 30.03%
% of Operating Profit
Other Income/Expense, Net $1.331M
YoY Change 148.32%
Pretax Income -$10.07M
YoY Change -13.84%
Income Tax $261.0K
% Of Pretax Income
Net Earnings -$10.34M
YoY Change -13.0%
Net Earnings / Revenue -18.41%
Basic Earnings Per Share -$0.21
Diluted Earnings Per Share -$0.21
COMMON SHARES
Basic Shares Outstanding 48.43M shares 48.13M shares
Diluted Shares Outstanding 48.13M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $106.7M
YoY Change -4.39%
Cash & Equivalents $41.46M
Short-Term Investments $65.24M
Other Short-Term Assets $6.173M
YoY Change -11.81%
Inventory $48.83M
Prepaid Expenses
Receivables $40.28M
Other Receivables $0.00
Total Short-Term Assets $210.8M
YoY Change -6.05%
LONG-TERM ASSETS
Property, Plant & Equipment $47.89M
YoY Change -11.53%
Goodwill $12.41M
YoY Change 0.33%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $7.706M
YoY Change 15.86%
Total Long-Term Assets $80.51M
YoY Change -9.0%
TOTAL ASSETS
Total Short-Term Assets $210.8M
Total Long-Term Assets $80.51M
Total Assets $291.3M
YoY Change -6.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.47M
YoY Change 14.93%
Accrued Expenses $14.14M
YoY Change -0.27%
Deferred Revenue $2.921M
YoY Change 44.82%
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $36.15M
YoY Change 7.66%
LONG-TERM LIABILITIES
Long-Term Debt $0.00
YoY Change
Other Long-Term Liabilities $4.224M
YoY Change 40.24%
Total Long-Term Liabilities $4.224M
YoY Change 40.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $36.15M
Total Long-Term Liabilities $4.224M
Total Liabilities $56.02M
YoY Change 5.09%
SHAREHOLDERS EQUITY
Retained Earnings -$300.1M
YoY Change 19.54%
Common Stock $16.00K
YoY Change 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $235.3M
YoY Change
Total Liabilities & Shareholders Equity $291.3M
YoY Change -6.88%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income -$10.34M
YoY Change -13.0%
Depreciation, Depletion And Amortization $4.278M
YoY Change 7.22%
Cash From Operating Activities -$5.617M
YoY Change -142.71%
INVESTING ACTIVITIES
Capital Expenditures $1.611M
YoY Change -41.42%
Acquisitions
YoY Change
Other Investing Activities -$369.0K
YoY Change -192.25%
Cash From Investing Activities -$1.980M
YoY Change -15.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -573.0K
YoY Change 19.38%
NET CHANGE
Cash From Operating Activities -5.617M
Cash From Investing Activities -1.980M
Cash From Financing Activities -573.0K
Net Change In Cash -8.170M
YoY Change -179.09%
FREE CASH FLOW
Cash From Operating Activities -$5.617M
Capital Expenditures $1.611M
Free Cash Flow -$7.228M
YoY Change -169.5%

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NLIGHT, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
91-2066376
dei Entity Address Address Line1
EntityAddressAddressLine1
4637 NW 18th Avenue
dei Entity Address City Or Town
EntityAddressCityOrTown
Camas
dei Entity Address State Or Province
EntityAddressStateOrProvince
WA
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
98607
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CY2024Q3 us-gaap Operating Lease Cost
OperatingLeaseCost
943000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
2773000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
2763000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
265000 usd
us-gaap Short Term Lease Cost
ShortTermLeaseCost
348000 usd
CY2023Q3 us-gaap Variable Lease Cost
VariableLeaseCost
271000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
793000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
744000 usd
us-gaap Lease Cost
LeaseCost
3831000 usd
us-gaap Lease Cost
LeaseCost
3855000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
959000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
2669000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1971000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1886000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1617000 usd
CY2024Q3 lasr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
5445000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
14547000 usd
CY2024Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1914000 usd
CY2024Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
12633000 usd
CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
2616000 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
10017000 usd
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2024Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
56129000 usd
CY2024Q3 us-gaap Gross Profit
GrossProfit
12550000 usd
CY2024Q3 lasr Gross Margin
GrossMargin
0.224
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
151167000 usd
us-gaap Gross Profit
GrossProfit
31888000 usd
lasr Gross Margin
GrossMargin
0.211
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
50634000 usd
CY2023Q3 us-gaap Gross Profit
GrossProfit
9938000 usd
CY2023Q3 lasr Gross Margin
GrossMargin
0.196
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
158029000 usd
us-gaap Gross Profit
GrossProfit
36309000 usd
lasr Gross Margin
GrossMargin
0.230
CY2024Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1797000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2124000 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2427000 shares
CY2024Q3 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q3 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false
CY2024Q3 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false

Files In Submission

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0001124796-24-000129-index-headers.html Edgar Link pending
0001124796-24-000129-index.html Edgar Link pending
0001124796-24-000129.txt Edgar Link pending
0001124796-24-000129-xbrl.zip Edgar Link pending
exhibit311-q3202410xq.htm Edgar Link pending
exhibit312-q3202410xq.htm Edgar Link pending
exhibit321-q3202410xq.htm Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lasr-20240930.htm Edgar Link pending
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