2022 Q3 Form 10-K Financial Statement

#000165495422012585 Filed on September 15, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022
Revenue $7.367M $8.907M $35.56M
YoY Change -19.07% 6.9% -7.55%
Cost Of Revenue $5.133M $6.099M $23.74M
YoY Change -13.46% -2.72% -5.09%
Gross Profit $2.234M $2.809M $11.81M
YoY Change -29.57% 36.11% -12.14%
Gross Profit Margin 30.32% 31.53% 33.23%
Selling, General & Admin $2.638M $2.787M $11.22M
YoY Change -8.05% -29.99% -6.4%
% of Gross Profit 118.1% 99.21% 94.98%
Research & Development $549.9K $516.3K $2.086M
YoY Change 28.77% -5.27% -3.71%
% of Gross Profit 24.62% 18.38% 17.65%
Depreciation & Amortization $816.3K $854.1K $3.618M
YoY Change -10.39% -5.04% 3.09%
% of Gross Profit 36.54% 30.41% 30.62%
Operating Expenses $3.469M $3.584M $14.44M
YoY Change -3.02% -25.43% -5.49%
Operating Profit -$1.235M -$775.5K -$2.627M
YoY Change 204.74% -71.73% 43.34%
Interest Expense $70.37K $25.59K $229.5K
YoY Change -198.08% -315.77% -206.07%
% of Operating Profit
Other Income/Expense, Net -$43.15K -$66.37K $430.0K
YoY Change -55.43% -68.11% -322.6%
Pretax Income -$1.279M -$825.2K -$2.679M
YoY Change 154.58% -72.15% 19.01%
Income Tax $102.1K $534.6K $862.9K
% Of Pretax Income
Net Earnings -$1.381M -$1.360M -$3.542M
YoY Change 118.43% -53.32% 11.21%
Net Earnings / Revenue -18.74% -15.27% -9.96%
Basic Earnings Per Share -$0.05 -$0.13
Diluted Earnings Per Share -$0.05 -$50.28K -$0.13
COMMON SHARES
Basic Shares Outstanding 27.07M shares 27.05M shares 27.02M shares
Diluted Shares Outstanding 27.07M shares 27.02M shares

Balance Sheet

Concept 2022 Q3 2022 Q2 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.299M $5.508M $5.508M
YoY Change 8.09% -18.7% -18.7%
Cash & Equivalents $4.299M $5.508M $5.508M
Short-Term Investments
Other Short-Term Assets $434.6K $464.8K $464.8K
YoY Change -4.62% -2.22% -2.22%
Inventory $7.006M $6.985M $6.985M
Prepaid Expenses
Receivables $4.584M $5.211M $5.211M
Other Receivables $82.39K $0.00 $0.00
Total Short-Term Assets $16.41M $18.17M $18.17M
YoY Change -13.98% -12.24% -12.24%
LONG-TERM ASSETS
Property, Plant & Equipment $10.77M $11.64M $22.06M
YoY Change -21.56% -12.35% -1.05%
Goodwill $5.855M $5.855M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $47.07K $170.7K $170.7K
YoY Change 69.69% 515.57% -2.29%
Total Long-Term Assets $31.08M $32.54M $32.54M
YoY Change -11.2% -4.02% -4.02%
TOTAL ASSETS
Total Short-Term Assets $16.41M $18.17M $18.17M
Total Long-Term Assets $31.08M $32.54M $32.54M
Total Assets $47.49M $50.71M $50.71M
YoY Change -12.18% -7.14% -7.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $2.344M $3.074M $3.074M
YoY Change -9.19% 5.12% 8.82%
Accrued Expenses $864.3K $558.8K $3.606M
YoY Change -2.16% -47.65% -22.91%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $1.113M $1.054M $1.054M
YoY Change 28.39% 24.44% 24.44%
Total Short-Term Liabilities $7.171M $7.734M $7.734M
YoY Change -7.66% -8.46% -8.46%
LONG-TERM LIABILITIES
Long-Term Debt $2.948M $3.219M $3.230M
YoY Change -28.6% -21.96% -21.68%
Other Long-Term Liabilities $9.115M $9.478M $9.478M
YoY Change -1.36% 12.02% 12.02%
Total Long-Term Liabilities $2.948M $3.219M $12.71M
YoY Change -77.95% -74.43% 0.98%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.171M $7.734M $7.734M
Total Long-Term Liabilities $2.948M $3.219M $12.71M
Total Liabilities $19.75M $20.98M $20.98M
YoY Change -6.54% -0.24% -0.24%
SHAREHOLDERS EQUITY
Retained Earnings -$205.2M -$203.8M
YoY Change 2.14% 1.77%
Common Stock $232.9M $232.6M
YoY Change 0.45% 0.38%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $27.74M $29.73M $29.73M
YoY Change
Total Liabilities & Shareholders Equity $47.49M $50.71M $50.71M
YoY Change -12.18% -7.14% -7.14%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022
OPERATING ACTIVITIES
Net Income -$1.381M -$1.360M -$3.542M
YoY Change 118.43% -53.32% 11.21%
Depreciation, Depletion And Amortization $816.3K $854.1K $3.618M
YoY Change -10.39% -5.04% 3.09%
Cash From Operating Activities -$415.4K $1.112M $1.464M
YoY Change -74.32% -32.7% -69.06%
INVESTING ACTIVITIES
Capital Expenditures $243.4K -$133.9K $1.627M
YoY Change -120.3% -69.47% -151.5%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$243.4K -$133.9K -$1.627M
YoY Change -79.7% -69.47% -48.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$187.1K -211.4K -$636.2K
YoY Change -467.41% -60.37% -24.57%
NET CHANGE
Cash From Operating Activities -$415.4K 1.112M $1.464M
Cash From Investing Activities -$243.4K -133.9K -$1.627M
Cash From Financing Activities -$187.1K -211.4K -$636.2K
Net Change In Cash -$1.209M 766.4K -$1.267M
YoY Change -56.29% 12.73% -273.58%
FREE CASH FLOW
Cash From Operating Activities -$415.4K $1.112M $1.464M
Capital Expenditures $243.4K -$133.9K $1.627M
Free Cash Flow -$658.7K $1.246M -$162.5K
YoY Change 57.34% -40.42% -102.06%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
66801 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9478077 usd
CY2021Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
8461133 usd
CY2022Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
3218580 usd
CY2022 dei Entity Central Index Key
EntityCentralIndexKey
0000889971
CY2022 dei Amendment Flag
AmendmentFlag
false
CY2022 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--06-30
CY2022 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2022 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
CY2021Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2021Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2021Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2021Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
44500000 shares
CY2022Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
27046790 shares
CY2021Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
26985913 shares
CY2022 lpth Weighted Average Remaining Contract Life Unexercisable Balance Ending
WeightedAverageRemainingContractLifeUnexercisableBalanceEnding
P10M24D
CY2022 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Shares Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardSharesNonvestedNumberOfShares
920571 shares
CY2022 lpth Share Based Compensation Arrangement By Share Based Payment Award Vested In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedInPeriodGross
-302298 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 usd
CY2022Q2 lpth Employee Service Share Based Compensations Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationsNonvestedAwardsTotalCompensationCostNotYetRecognized
1100000.0 usd
CY2022 us-gaap Lease Expiration Date1
LeaseExpirationDate1
2022-04-30
CY2022Q2 lpth Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
0 usd
CY2022 dei Document Type
DocumentType
10-K
CY2022 dei Document Annual Report
DocumentAnnualReport
true
CY2022 dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
CY2022 dei Document Transition Report
DocumentTransitionReport
false
CY2022 dei Entity File Number
EntityFileNumber
000-27548
CY2022 dei Entity Registrant Name
EntityRegistrantName
LIGHTPATH TECHNOLOGIES, INC.
CY2022 dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
CY2022 dei Entity Tax Identification Number
EntityTaxIdentificationNumber
86-0708398
CY2022 dei Entity Address Address Line1
EntityAddressAddressLine1
2603 Challenger Tech Court
CY2022 dei Entity Address Address Line2
EntityAddressAddressLine2
Suite 100
CY2022 dei Entity Address City Or Town
EntityAddressCityOrTown
Orlando
CY2022 dei Entity Address State Or Province
EntityAddressStateOrProvince
FL
CY2022 dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
32826
CY2022 dei City Area Code
CityAreaCode
407
CY2022 dei Local Phone Number
LocalPhoneNumber
382-4003
CY2022 dei Security12b Title
Security12bTitle
Class A CommonStock, par value $0.01
CY2022 dei Trading Symbol
TradingSymbol
LPTH
CY2022 dei Security Exchange Name
SecurityExchangeName
NASDAQ
CY2022 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2022 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2022 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2022 dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
CY2022 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2022 dei Entity Small Business
EntitySmallBusiness
true
CY2022 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2022 dei Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
false
CY2022 dei Entity Shell Company
EntityShellCompany
false
CY2021Q4 dei Entity Public Float
EntityPublicFloat
64792006 usd
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
27071929 shares
CY2022 dei Auditor Firm
AuditorFirmId
569
CY2022 dei Auditor Name
AuditorName
MSL, P.A.
CY2022 dei Auditor Location
AuditorLocation
Orlando, Florida
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5507891 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6774694 usd
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
36313 usd
CY2021Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
45643 usd
CY2022Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
5211292 usd
CY2021Q2 us-gaap Accounts Receivable Net
AccountsReceivableNet
4656354 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
6985427 usd
CY2021Q2 us-gaap Inventory Net
InventoryNet
8659587 usd
CY2022Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
0 usd
CY2021Q2 us-gaap Other Receivables Net Current
OtherReceivablesNetCurrent
137103 usd
CY2022Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
464804 usd
CY2021Q2 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
475364 usd
CY2022Q2 us-gaap Assets Current
AssetsCurrent
18169414 usd
CY2021Q2 us-gaap Assets Current
AssetsCurrent
20703102 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11640463 usd
CY2021Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
13279867 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10420604 usd
CY2021Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9015498 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4457798 usd
CY2021Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5582881 usd
CY2022Q2 us-gaap Goodwill
Goodwill
5854905 usd
CY2021Q2 us-gaap Goodwill
Goodwill
5854905 usd
CY2022Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
143000 usd
CY2021Q2 us-gaap Deferred Income Tax Assets Net
DeferredIncomeTaxAssetsNet
147000 usd
CY2022Q2 us-gaap Other Assets
OtherAssets
27737 usd
CY2021Q2 us-gaap Other Assets
OtherAssets
27737 usd
CY2022Q2 us-gaap Assets
Assets
50713921 usd
CY2021Q2 us-gaap Assets
Assets
54610990 usd
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
3073933 usd
CY2021Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
2924333 usd
CY2022Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
558750 usd
CY2021Q2 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
1067265 usd
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2081212 usd
CY2021Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
2810043 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
965622 usd
CY2021Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
799507 usd
CY2022Q2 us-gaap Loans Payable Current
LoansPayableCurrent
998692 usd
CY2021Q2 us-gaap Loans Payable Current
LoansPayableCurrent
634846 usd
CY2022Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
55348 usd
CY2021Q2 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
212212 usd
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
7733557 usd
CY2021Q2 us-gaap Liabilities Current
LiabilitiesCurrent
8448206 usd
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
541015 usd
CY2021Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
0 usd
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
11454 usd
CY2021Q2 us-gaap Long Term Loans Payable
LongTermLoansPayable
4057365 usd
CY2022Q2 us-gaap Liabilities
Liabilities
20982683 usd
CY2021Q2 us-gaap Liabilities
Liabilities
21033505 usd
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
500000 shares
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2021Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 usd
CY2022Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
44500000 shares
CY2022Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
27046790 shares
CY2021Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
26985913 shares
CY2022Q2 us-gaap Common Stock Value
CommonStockValue
270468 usd
CY2021Q2 us-gaap Common Stock Value
CommonStockValue
269859 usd
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
232315003 usd
CY2021Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
231438651 usd
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
935125 usd
CY2021Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
2116152 usd
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-203789358 usd
CY2021Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-200247177 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
29731238 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
33577485 usd
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
50713921 usd
CY2021Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
54610990 usd
CY2022 us-gaap Revenues
Revenues
35559160 usd
CY2021 us-gaap Revenues
Revenues
38464821 usd
CY2022 us-gaap Cost Of Revenue
CostOfRevenue
23744524 usd
CY2021 us-gaap Cost Of Revenue
CostOfRevenue
25017051 usd
CY2022 us-gaap Gross Profit
GrossProfit
11814636 usd
CY2021 us-gaap Gross Profit
GrossProfit
13447770 usd
CY2022 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11221866 usd
CY2021 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
11989597 usd
CY2022 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
2085686 usd
CY2021 us-gaap Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
2165951 usd
CY2022 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1125083 usd
CY2021 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
1125083 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-9235 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-8951 usd
CY2022 us-gaap Operating Expenses
OperatingExpenses
14441870 usd
CY2021 us-gaap Operating Expenses
OperatingExpenses
15289582 usd
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-2627234 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-1841812 usd
CY2022 us-gaap Interest Expense
InterestExpense
229475 usd
CY2021 us-gaap Interest Expense
InterestExpense
215354 usd
CY2022 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
177435 usd
CY2021 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-194170 usd
CY2022 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-52040 usd
CY2021 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-409524 usd
CY2022 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-2679274 usd
CY2021 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-2251336 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
862907 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
933915 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-3185251 usd
CY2022 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
-1181027 usd
CY2021 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Adjustment Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent
1380260 usd
CY2022 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-4723208 usd
CY2021 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1804991 usd
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27019534 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26314025 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27019534 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26314025 shares
CY2020Q2 us-gaap Stockholders Equity
StockholdersEquity
34566941 usd
CY2021 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
29978 usd
CY2021 lpth Exercise Of Stock Options Rsus Net Amount
ExerciseOfStockOptionsRsusNetAmount
142692 usd
CY2021 lpth Stock Based Compensation On Stock Options Rsus
StockBasedCompensationOnStockOptionsRsus
642865 usd
CY2021 lpth Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
1380260 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-3185251 usd
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
33577485 usd
CY2022 us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
51711 usd
CY2022 lpth Exercise Of Stock Options Rsus Net Amount
ExerciseOfStockOptionsRsusNetAmount
0 usd
CY2022 lpth Stock Based Compensation On Stock Options Rsus
StockBasedCompensationOnStockOptionsRsus
825250 usd
CY2022 lpth Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
-1181027 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3542181 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
29731238 usd
CY2022 us-gaap Profit Loss
ProfitLoss
3542181 usd
CY2021 us-gaap Profit Loss
ProfitLoss
3185251 usd
CY2022 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3617743 usd
CY2021 us-gaap Depreciation And Amortization
DepreciationAndAmortization
3509436 usd
CY2022 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
51974 usd
CY2021 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
18572 usd
CY2022 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-9235 usd
CY2021 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-8951 usd
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
825250 usd
CY2021 us-gaap Share Based Compensation
ShareBasedCompensation
642865 usd
CY2022 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7713 usd
CY2021 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-35799 usd
CY2022 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-222047 usd
CY2021 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
-187616 usd
CY2022 us-gaap Inventory Write Down
InventoryWriteDown
456538 usd
CY2021 us-gaap Inventory Write Down
InventoryWriteDown
157399 usd
CY2022 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
545015 usd
CY2021 us-gaap Deferred Other Tax Expense Benefit
DeferredOtherTaxExpenseBenefit
512000 usd
CY2022 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
562651 usd
CY2021 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1568171 usd
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-137103 usd
CY2021 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
5052 usd
CY2022 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-1217622 usd
CY2021 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-167496 usd
CY2022 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-10560 usd
CY2021 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-137810 usd
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1087746 usd
CY2021 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1423042 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
1464128 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4732024 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1626614 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3158784 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1626614 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-3158784 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
142692 usd
CY2022 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
51711 usd
CY2021 us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
29978 usd
CY2022 lpth Increase Or Decrease In Loan Cost
IncreaseOrDecreaseInLoanCost
-61223 usd
CY2021 lpth Increase Or Decrease In Loan Cost
IncreaseOrDecreaseInLoanCost
0 usd
CY2022 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
266850 usd
CY2021 us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
275377 usd
CY2022 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-681301 usd
CY2021 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
-1013014 usd
CY2022 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
212211 usd
CY2021 us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
278462 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-636174 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-843429 usd
CY2022 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-468143 usd
CY2021 us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
657495 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1266803 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
1387306 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6774694 usd
CY2020Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5387388 usd
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5507891 usd
CY2021Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6774694 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
157407 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
199524 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
267585 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1054232 usd
CY2021Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3467105 usd
CY2022Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1329637 usd
CY2021Q2 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
1189218 usd
CY2022 us-gaap Inventory For Long Term Contracts Or Programs Description
InventoryForLongTermContractsOrProgramsDescription
The Company looks at the following criteria for parts to consider for the inventory allowance: (i) items that have not been sold in two years and (ii) items that have not been purchased in two years. These items, as identified, are allowed for at 100%, as well as allowing 50% for other items deemed to be slow moving within the last twelve months and allowing 25% for items deemed to have low material usage within the last six months. Items of which we have greater than a two-year supply are also reserved at 25% to 100%, depending on usage rates.
CY2021Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
3908630 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
2243907 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
6985427 usd
CY2021Q2 us-gaap Inventory Net
InventoryNet
8659587 usd
CY2022 lpth Number Of Common Purcase Within Offering Period
NumberOfCommonPurcaseWithinOfferingPeriod
4000 shares
CY2022 lpth Discount Of Purchase Of Common Stock
DiscountOfPurchaseOfCommonStock
5000 usd
CY2022Q2 lpth Cash And Cash Equivalent At Carrying Value
CashAndCashEquivalentAtCarryingValue
5500000 usd
CY2022 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
2800000 usd
CY2021 us-gaap Foreign Earnings Repatriated
ForeignEarningsRepatriated
4000000 usd
CY2022Q2 lpth Retained Earning Accumulated Deficit
RetainedEarningAccumulatedDeficit
3900000 usd
CY2022Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
40000 usd
CY2021Q2 us-gaap Accrued Income Taxes
AccruedIncomeTaxes
100000 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
3019156 usd
CY2021Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
2473070 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3052001 usd
CY2022 us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
457000 usd
CY2021 us-gaap Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
157000 usd
CY2015 us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
420014 usd
CY2019 us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
309450 usd
CY2022Q2 us-gaap Capital Units Authorized
CapitalUnitsAuthorized
55000000 shares
CY2022Q2 lpth Common Stock Share Authorized
CommonStockShareAuthorized
50000000 shares
CY2022Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2022Q2 lpth Preferred Stock Share Authorized
PreferredStockShareAuthorized
5000000 shares
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021 lpth Income Tax Reconciliation Irc965 Repatriation
IncomeTaxReconciliationIRC965Repatriation
3516695 usd
CY2021 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 usd
CY2022 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3829 usd
CY2021 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
18563 usd
CY2022 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
314063 usd
CY2021 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
403352 usd
CY2022 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
317892 usd
CY2021 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
421915 usd
CY2022 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
4000 usd
CY2021 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
510069 usd
CY2022 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 usd
CY2021 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1931 usd
CY2022 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
541015 usd
CY2021 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
0 usd
CY2022 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
545015 usd
CY2021 us-gaap Deferred Income Taxes And Tax Credits
DeferredIncomeTaxesAndTaxCredits
512000 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
862907 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
933915 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1160000 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1443000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1923988 usd
CY2021 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 pure
CY2022 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-562648 usd
CY2021 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-472782 usd
CY2022 lpth Net Foreign Income Subject To Lower Tax Rate
NetForeignIncomeSubjectToLowerTaxRate
-297049 usd
CY2021 lpth Net Foreign Income Subject To Lower Tax Rate
NetForeignIncomeSubjectToLowerTaxRate
-169276 usd
CY2022 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-159950 usd
CY2021 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-196719 usd
CY2022 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1255273 usd
CY2021 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1400450 usd
CY2022 lpth Income Tax Reconciliation Irc965 Repatriation
IncomeTaxReconciliationIRC965Repatriation
2550645 usd
CY2022 lpth Income Tax Reconciliation Gilti
IncomeTaxReconciliationGILTI
138611 usd
CY2021 lpth Income Tax Reconciliation Gilti
IncomeTaxReconciliationGILTI
310431 usd
CY2022 lpth Income Tax Reconciliation Federal Research And Development And Other Credits
IncomeTaxReconciliationFederalResearchAndDevelopmentAndOtherCredits
-121990 usd
CY2021 lpth Income Tax Reconciliation Federal Research And Development And Other Credits
IncomeTaxReconciliationFederalResearchAndDevelopmentAndOtherCredits
-74288 usd
CY2022 lpth Income Tax Reconciliation Stockbased Compensation
IncomeTaxReconciliationStockbasedCompensation
20472 usd
CY2021 lpth Income Tax Reconciliation Stockbased Compensation
IncomeTaxReconciliationStockbasedCompensation
-265485 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
11387 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
-67893 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
538702 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
-246318 usd
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
862907 usd
CY2021 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
933915 usd
CY2020Q2 us-gaap Income Tax Receivable
IncomeTaxReceivable
107000 usd
CY2021Q2 lpth Cash Saving Due To Utilization Of Payroll Tax Deferral
CashSavingDueToUtilizationOfPayrollTaxDeferral
325000 usd
CY2022 lpth Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rates
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRates
0.25 pure
CY2022 us-gaap Dividends
Dividends
2800000 usd
CY2021 us-gaap Dividends
Dividends
4000000 usd
CY2022 lpth Chinese Withholding Tax Paid
ChineseWithholdingTaxPaid
280000 usd
lpth Chinese Withholding Tax Paid
ChineseWithholdingTaxPaid
400000 usd
CY2022 lpth Associated Income Tax Expense
AssociatedIncomeTaxExpense
208000 usd
lpth Associated Income Tax Expense
AssociatedIncomeTaxExpense
500000 usd
CY2022Q2 lpth Unpaid Withholding Tax
UnpaidWithholdingTax
40000 usd
CY2022 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.20 pure
CY2021Q2 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
1698000 usd
CY2022Q2 lpth Net Deferred Tax Asset
NetDeferredTaxAsset
-398015 usd
CY2021Q2 lpth Net Deferred Tax Asset
NetDeferredTaxAsset
147000 usd
CY2022 lpth Future Taxable Income
FutureTaxableIncome
53000000 usd
CY2022 lpth Valuation Adjustment Against Deferred Tax Asset
ValuationAdjustmentAgainstDeferredTaxAsset
14400000 usd
CY2022 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
1200000 usd
CY2022Q2 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
143000 usd
CY2022 lpth Maximum Number Of Shares Empolyee Can Purchase
MaximumNumberOfSharesEmpolyeeCanPurchase
8000 shares
CY2022 lpth Offering Period
OfferingPeriod
P12Y
CY2022Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
12197277 usd
CY2021Q2 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
13585000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
536000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
563000 usd
CY2022Q2 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
2279000 usd
CY2021Q2 us-gaap Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
2177000 usd
CY2022Q2 lpth Deferred Tax Assets Capitalized Rd Expenses
DeferredTaxAssetsCapitalizedRDExpenses
371000 usd
CY2021Q2 lpth Deferred Tax Assets Capitalized Rd Expenses
DeferredTaxAssetsCapitalizedRDExpenses
564000 usd
CY2022Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
263973 usd
CY2021Q2 us-gaap Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
253000 usd
CY2022Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
267000 usd
CY2021Q2 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
347000 usd
CY2022Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
15914250 usd
CY2021Q2 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
17489000 usd
CY2022Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
14388277 usd
CY2021Q2 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
15644000 usd
CY2022Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1525973 usd
CY2021Q2 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
1845000 usd
CY2022Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
763988 usd
CY2021Q2 us-gaap Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
255000 usd
CY2021 lpth Discount Of Purchase Of Common Stock
DiscountOfPurchaseOfCommonStock
3000 usd
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
5515625 shares
CY2022Q2 lpth Share Based Compensation Arrangement By Share Based Payment Award Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOutstandingNumber
2614131 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
642767 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.808 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.720 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0 pure
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0209 pure
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0074 pure
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P3Y9M
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P7Y5M26D
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
942575 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
1.65
CY2021 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
P6Y6M
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
2328303 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P0Y10M24D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
121933 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.97
CY2021 lpth Weighted Average Remaining Contract Life Granted
WeightedAverageRemainingContractLifeGranted
P9Y8M12D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
296386 shares
CY2021 lpth Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedWeightedAverageRemainingContractualTerms
P2Y3M18D
CY2021 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
225137 shares
CY2021 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
1.50
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
862804 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
406444 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
1.75
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
432927 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.01
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P8Y9M18D
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
1761885 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P0Y10M24D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
125000 shares
CY2022 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
2.02
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
368461 shares
CY2022 lpth Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Granted Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantedWeightedAverageRemainingContractualTerms
P1Y2M12D
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
45143 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
23465 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
1.67
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
5534 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
534462 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
2.03
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
2079669 shares
CY2021 lpth Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms2
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms2
P0Y10M24D
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
215141 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
1.87
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
P7Y1M6D
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1334978 shares
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
319321 shares
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
2.14
CY2022 lpth Weighted Average Remaining Contract Life Unexercisable Balance Ending1
WeightedAverageRemainingContractLifeUnexercisableBalanceEnding1
P7Y1M6D
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
744691 shares
CY2022 lpth Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms2
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms2
P0Y10M24D
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
344000 usd
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
42000 usd
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
285000 usd
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
24000 usd
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested In Period Fair Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedInPeriodFairValue1
142000 usd
CY2022Q2 lpth Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisesInPeriodTotalIntrinsicValue
77000000000 usd
CY2021Q2 lpth Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsExercisesInPeriodTotalIntrinsicValue
2800000 usd
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
1600000 usd
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Outstanding
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueOutstanding
3000000.0 usd
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
395000 usd
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
1100000 usd
CY2022Q2 lpth Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmount
334059 usd
CY2022Q2 lpth Share Based Payment Arrangements Nonvested Award Cost Not Yet Recognized Amount
ShareBasedPaymentArrangementsNonvestedAwardCostNotYetRecognizedAmount
777022 usd
CY2022Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1111081 usd
CY2020Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
266282 shares
CY2020Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
669526 shares
CY2021 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Shares Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardSharesNonvestedNumberOfShares
935808 shares
CY2020Q2 lpth Share Based Compensation Arrangement By Share Based Payment Award Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedWeightedAverageGrantDateFairValue
1.10
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
121933 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
296386 shares
CY2021 lpth Share Based Compensation Arrangement By Share Based Payment Award Shares Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesGrantsInPeriodGross
418319 shares
CY2021 lpth Share Based Compensation Arrangement By Share Based Payment Awards Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardsGrantsInPeriodWeightedAverageGrantDateFairValue
2.48
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
64636 shares
CY2021 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
367325 shares
CY2021 lpth Share Based Compensation Arrangement By Share Based Payment Award Vested In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedInPeriodGross
-431961 shares
CY2021 lpth Share Based Compensation Arrangement By Share Based Payment Award Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedInPeriodWeightedAverageGrantDateFairValue
1.39
CY2021 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
1595 shares
CY2021 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Cancelled Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedCancelledForfeitedNumberOfShares
-1595 shares
CY2021 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Cancelled Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedCancelledForfeitedWeightedAverageGrantDateFairValue
2.85
CY2021Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
321984 shares
CY2021Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
598587 shares
CY2021Q2 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Shares Nonvested Number Of Share
SharebasedCompensationArrangementBySharebasedPaymentAwardSharesNonvestedNumberOfShare
920571 shares
CY2021Q2 lpth Share Based Compensation Arrangement By Share Based Payment Award Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedWeightedAverageGrantDateFairValue
1.59
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
125000 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
368461 shares
CY2022 lpth Share Based Compensation Arrangement By Share Based Payment Award Shares Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardSharesGrantsInPeriodGross
493461 shares
CY2022 lpth Share Based Compensation Arrangement By Share Based Payment Awards Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardsGrantsInPeriodWeightedAverageGrantDateFairValue
1.74
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
118696 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriod
216823 shares
CY2022 lpth Share Based Compensation Arrangement By Share Based Payment Award Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedInPeriodWeightedAverageGrantDateFairValue
1.42
CY2022 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
8967 shares
CY2022 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeited In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod
5534 shares
CY2022 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Cancelled Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedCancelledForfeitedNumberOfShares
-14501 shares
CY2022 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Cancelled Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedCancelledForfeitedWeightedAverageGrantDateFairValue
1.97
CY2022Q2 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
319321 shares
CY2022Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
744691 shares
CY2022Q2 lpth Sharebased Compensation Arrangement By Sharebased Payment Award Shares Nonvested Number Of Share
SharebasedCompensationArrangementBySharebasedPaymentAwardSharesNonvestedNumberOfShare
1064012 shares
CY2022Q2 lpth Share Based Compensation Arrangement By Share Based Payment Award Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedWeightedAverageGrantDateFairValue
1.71
CY2022 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
825250 usd
CY2021 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
642865 usd
CY2022 us-gaap Net Income Loss
NetIncomeLoss
-3542181 usd
CY2021 us-gaap Net Income Loss
NetIncomeLoss
-3185251 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27019534 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
26314025 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27019534 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
26314025 shares
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
CY2021 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.13
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
CY2022 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2390134 shares
CY2021 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2711413 shares
CY2022 lpth Description Of Plan
DescriptionOfPlan
Under the Insperity Plan, the Company matches 100% of the first 2% of employee contributions. As of June 30, 2022, there were 72 employees enrolled in this plan
CY2022 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
123000 usd
CY2021 us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
111000 usd
CY2021Q2 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
55000 sqft
CY2022 lpth Description Of Lease
DescriptionOfLease
expiring through 2024 to 2032
CY2022 lpth Lease Term
LeaseTerm
P12Y
CY2022Q2 lpth Finance Lease Rights Of Use Asset Accumulated Amortization
FinanceLeaseRightsOfUseAssetAccumulatedAmortization
418000 usd
CY2021Q2 lpth Finance Lease Rights Of Use Asset Accumulated Amortization
FinanceLeaseRightsOfUseAssetAccumulatedAmortization
477000 usd
CY2022Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.030 pure
CY2022Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.076 pure
CY2022Q2 lpth Finance Lease Liability Payments Due Year One
FinanceLeaseLiabilityPaymentsDueYearOne
59647 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
721901 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
11811 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1204323 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1225047 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1193987 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1163610 usd
CY2022Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
6928833 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
103005 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
940988 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3130360 usd
CY2022Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
42919 usd
CY2022Q2 lpth Total Payments
TotalPayments
4217272 usd
CY2022Q2 us-gaap Loans Payable Current
LoansPayableCurrent
998692 usd
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
3218580 usd
CY2022Q2 lpth Stock Offering Price
StockOfferingPrice
75800000 usd
CY2022Q2 lpth A Common Stock Offering Price
ACommonStockOfferingPrice
25200000 usd
CY2022Q2 lpth Offering Price Decreasing
OfferingPriceDecreasing
50600000 usd
CY2022Q2 lpth Cash And Cash Equivalents At Carrying Value Percentage Held By Foreign Subsidiaries
CashAndCashEquivalentsAtCarryingValuePercentageHeldByForeignSubsidiaries
0.50 pure
CY2021 us-gaap Payments For Fees
PaymentsForFees
718000 usd
CY2022 lpth Related Expenses
RelatedExpenses
400000 usd
CY2021Q2 us-gaap Loss Contingency Estimate Of Possible Loss
LossContingencyEstimateOfPossibleLoss
210000 usd
CY2021 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
485000 usd
CY2022 us-gaap Other Expenses
OtherExpenses
430000 usd
CY2022Q2 lpth Cumulative Gain
CumulativeGain
935000 usd
CY2021Q2 lpth Cumulative Gain
CumulativeGain
2100000 usd
CY2022 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
3000 usd
CY2021 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
1000 usd
CY2022 lpth Aggregate Annual Revenue
AggregateAnnualRevenue
0.35 pure
CY2022 lpth Aggregate Accounts Receivable
AggregateAccountsReceivable
0.13 pure
CY2021 lpth Aggregate Annual Revenue
AggregateAnnualRevenue
0.38 pure
CY2021 lpth Aggregate Accounts Receivable
AggregateAccountsReceivable
0.31 pure

Files In Submission

Name View Source Status
0001654954-22-012585-index-headers.html Edgar Link pending
0001654954-22-012585-index.html Edgar Link pending
0001654954-22-012585.txt Edgar Link pending
0001654954-22-012585-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
lpth-20220630.xsd Edgar Link pending
lpth_10k.htm Edgar Link pending
lpth_ex211.htm Edgar Link pending
lpth_ex231.htm Edgar Link pending
lpth_ex24.htm Edgar Link pending
lpth_ex311.htm Edgar Link pending
lpth_ex312.htm Edgar Link pending
lpth_ex321.htm Edgar Link pending
lpth_ex322.htm Edgar Link pending
lpth_ex41.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
lpth-20220630_def.xml Edgar Link unprocessable
lpth-20220630_pre.xml Edgar Link unprocessable
lpth-20220630_cal.xml Edgar Link unprocessable
lpth-20220630_lab.xml Edgar Link unprocessable
lpth_10k_htm.xml Edgar Link completed
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending