2023 Q1 Form 10-Q Financial Statement

#000165495423001540 Filed on February 09, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2021 Q4
Revenue $7.410M $8.473M $9.243M
YoY Change -10.79% -8.34% -6.84%
Cost Of Revenue $4.874M $5.248M $6.443M
YoY Change -7.53% -18.55% 2.41%
Gross Profit $2.535M $3.224M $2.800M
YoY Change -16.44% 15.16% -22.88%
Gross Profit Margin 34.22% 38.06% 30.29%
Selling, General & Admin $2.759M $3.031M $2.947M
YoY Change 5.35% 2.84% 6.65%
% of Gross Profit 108.83% 93.99% 105.26%
Research & Development $513.7K $466.2K $552.0K
YoY Change -12.99% -15.54% 4.16%
% of Gross Profit 20.26% 14.46% 19.71%
Depreciation & Amortization $778.7K $764.6K $928.4K
YoY Change -15.75% -17.65% 7.96%
% of Gross Profit 30.71% 23.71% 33.16%
Operating Expenses $3.496M $3.781M $3.780M
YoY Change 0.12% 0.02% 5.77%
Operating Profit -$960.2K -$556.5K -$980.4K
YoY Change 110.1% -43.24% -1836.36%
Interest Expense $77.09K $81.24K $26.67K
YoY Change 40.21% 204.62% 33.35%
% of Operating Profit
Other Income/Expense, Net -$137.8K -$82.58K -$39.51K
YoY Change -210.14% 108.99% -203.69%
Pretax Income -$1.098M -$639.1K -$1.020M
YoY Change 230.78% -37.34% -1178.49%
Income Tax $65.28K $55.00K $35.40K
% Of Pretax Income
Net Earnings -$1.163M -$694.1K -$1.055M
YoY Change 135.0% -34.23% 620.11%
Net Earnings / Revenue -15.7% -8.19% -11.42%
Basic Earnings Per Share -$0.03 -$0.03 -$0.04
Diluted Earnings Per Share -$0.03 -$0.03 -$0.04
COMMON SHARES
Basic Shares Outstanding 36.66M shares 27.08M shares 27.01M shares
Diluted Shares Outstanding 35.12M shares 27.17M shares 27.01M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $9.903M $3.794M $5.053M
YoY Change 88.95% -24.92% -4.66%
Cash & Equivalents $9.903M $3.794M $5.053M
Short-Term Investments
Other Short-Term Assets $508.1K $443.6K $418.9K
YoY Change 15.77% 5.9% 39.62%
Inventory $8.232M $6.914M $7.315M
Prepaid Expenses
Receivables $4.788M $4.858M $4.955M
Other Receivables $0.00 $149.8K $267.3K
Total Short-Term Assets $23.43M $16.16M $18.01M
YoY Change 28.0% -10.27% -18.88%
LONG-TERM ASSETS
Property, Plant & Equipment $12.53M $10.98M $13.16M
YoY Change -0.76% -16.57% -12.28%
Goodwill $5.855M $5.855M $5.855M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $48.08K $47.99K $27.74K
YoY Change -72.48% 73.01% -96.04%
Total Long-Term Assets $31.89M $30.81M $33.85M
YoY Change -6.19% -8.96% 22.19%
TOTAL ASSETS
Total Short-Term Assets $23.43M $16.16M $18.01M
Total Long-Term Assets $31.89M $30.81M $33.85M
Total Assets $55.32M $46.97M $51.86M
YoY Change 5.78% -9.42% 3.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.375M $2.366M $2.249M
YoY Change 26.78% 5.2% -13.49%
Accrued Expenses $678.1K $775.6K $1.088M
YoY Change 1.18% -28.71% -74.1%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $889.5K $1.128M $904.7K
YoY Change -10.5% 24.71% -24.61%
Total Short-Term Liabilities $7.451M $6.512M $7.050M
YoY Change 2.27% -7.62% -12.97%
LONG-TERM LIABILITIES
Long-Term Debt $1.783M $2.766M $3.776M
YoY Change -48.89% -26.74% -16.08%
Other Long-Term Liabilities $8.662M $8.922M $8.943M
YoY Change -10.58% -0.24% 893.7%
Total Long-Term Liabilities $1.783M $2.766M $3.776M
YoY Change -48.89% -26.74% -30.07%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.451M $6.512M $7.050M
Total Long-Term Liabilities $1.783M $2.766M $3.776M
Total Liabilities $18.47M $18.77M $19.79M
YoY Change -9.79% -5.13% 46.58%
SHAREHOLDERS EQUITY
Retained Earnings -$207.0M -$205.9M -$201.9M
YoY Change 2.27% 1.95%
Common Stock $372.3K $233.4M $232.0M
YoY Change -99.84% 0.58%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $36.85M $28.20M $32.07M
YoY Change
Total Liabilities & Shareholders Equity $55.32M $46.97M $51.86M
YoY Change 5.78% -9.42% 3.92%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2021 Q4
OPERATING ACTIVITIES
Net Income -$1.163M -$694.1K -$1.055M
YoY Change 135.0% -34.23% 620.11%
Depreciation, Depletion And Amortization $778.7K $764.6K $928.4K
YoY Change -15.75% -17.65% 7.96%
Cash From Operating Activities -$168.9K -$336.4K $1.460M
YoY Change -133.12% -123.03% 65.94%
INVESTING ACTIVITIES
Capital Expenditures $1.914M $168.2K -$118.4K
YoY Change -1191.62% -242.08% -87.41%
Acquisitions
YoY Change
Other Investing Activities $65.50K
YoY Change
Cash From Investing Activities -$1.848M -$168.2K -$118.4K
YoY Change 954.26% 42.08% -87.41%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 7.975M -255.7K -293.9K
YoY Change -4486.2% -13.0% -589.77%
NET CHANGE
Cash From Operating Activities -168.9K -336.4K 1.460M
Cash From Investing Activities -1.848M -168.2K -118.4K
Cash From Financing Activities 7.975M -255.7K -293.9K
Net Change In Cash 5.958M -760.2K 1.048M
YoY Change 3803.6% -172.53% -900302454652928300.0%
FREE CASH FLOW
Cash From Operating Activities -$168.9K -$336.4K $1.460M
Capital Expenditures $1.914M $168.2K -$118.4K
Free Cash Flow -$2.082M -$504.5K $1.579M
YoY Change -403.98% -131.96% -13.26%

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IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
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CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q4 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
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us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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CY2021Q4 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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WeightedAverageNumberOfSharesOutstandingBasic
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CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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EarningsPerShareDiluted
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CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
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WeightedAverageNumberOfDilutedSharesOutstanding
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CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27008748 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27121583 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
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CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q3 lpth Exercise Of Stock Options Rsus Net Amount
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CY2022Q3 lpth Stock Based Compensation On Stock Options Rsus
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CY2022Q3 lpth Foreign Currency Translation Adjustment
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CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 lpth Stock Based Compensation On Stock Options Rsus
StockBasedCompensationOnStockOptionsRsus
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CY2022Q4 lpth Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
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CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q3 lpth Employee Stock Purchase Plan Amount
EmployeeStockPurchasePlanAmount
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CY2021Q3 lpth Stock Based Compensation On Stock Options Rsus
StockBasedCompensationOnStockOptionsRsus
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CY2021Q3 lpth Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
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CY2021Q3 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2021Q4 lpth Stock Based Compensation On Stock Options Rsus
StockBasedCompensationOnStockOptionsRsus
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CY2021Q4 lpth Settlement Of Rsus Net Amount
SettlementOfRsusNetAmount
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CY2021Q4 lpth Foreign Currency Translation Adjustment
ForeignCurrencyTranslationAdjustment
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CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
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CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Depreciation And Amortization
DepreciationAndAmortization
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us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
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us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
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us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2742 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
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us-gaap Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
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us-gaap Dividends Sharebased Compensation Stock
DividendsSharebasedCompensationStock
301129 usd
us-gaap Provision For Doubtful Accounts
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us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
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us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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us-gaap Inventory Write Down
InventoryWriteDown
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us-gaap Inventory Write Down
InventoryWriteDown
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
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IncreaseDecreaseInOtherReceivables
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IncreaseDecreaseInOtherReceivables
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
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us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1238529 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
987 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
19870 usd
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
21726 usd
lpth Loan Costs
LoanCosts
0 usd
lpth Loan Costs
LoanCosts
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us-gaap Proceeds From Short Term Debt
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us-gaap Proceeds From Short Term Debt
ProceedsFromShortTermDebt
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us-gaap Proceeds From Repayments Of Other Long Term Debt
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us-gaap Proceeds From Repayments Of Other Long Term Debt
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us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
57140 usd
us-gaap Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
133298 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-442768 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-242930 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
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us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-1721939 usd
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5507891 usd
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6774694 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3793852 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5052755 usd
us-gaap Interest Paid Net
InterestPaidNet
106394 usd
us-gaap Interest Paid Net
InterestPaidNet
81533 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
218367 usd
lpth Discount On Employee Stock Purchase Plan
DiscountOnEmployeeStockPurchasePlan
2155 usd
CY2022Q2 lpth Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstanding
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
523618 shares
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
197103 usd
us-gaap Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
83921 usd
us-gaap Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
0 usd
us-gaap Use Of Estimates
UseOfEstimates
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Management makes estimates and assumptions during the preparation of our unaudited Condensed Consolidated Financial Statements that affect amounts reported in the unaudited Condensed Consolidated Financial Statements and accompanying notes. Such estimates and assumptions could change in the future as more information becomes available, which, in turn, could impact the amounts reported and disclosed herein.</p>
CY2022Q4 us-gaap Revenues
Revenues
8472679 usd
CY2021Q4 us-gaap Revenues
Revenues
9243174 usd
us-gaap Revenues
Revenues
15839580 usd
us-gaap Revenues
Revenues
18346517 usd
lpth Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Rsa
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedRSA
129604 shares
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
2938153 usd
CY2022Q2 us-gaap Inventory Raw Materials
InventoryRawMaterials
3019156 usd
CY2022Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
2818906 usd
CY2022Q2 us-gaap Inventory Work In Process
InventoryWorkInProcess
2243907 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
2802771 usd
CY2022Q2 us-gaap Inventory Finished Goods
InventoryFinishedGoods
3052001 usd
CY2022Q4 lpth Allowance For Obsolescence
AllowanceForObsolescence
1645554 usd
CY2022Q2 lpth Allowance For Obsolescence
AllowanceForObsolescence
1329637 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
6914276 usd
CY2022Q2 us-gaap Inventory Net
InventoryNet
6985427 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
27600004 usd
CY2022Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
27376704 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
16621221 usd
CY2022Q2 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
15736241 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
10978783 usd
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
11640463 usd
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
0
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
169273 shares
lpth Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeiture And Expirations Rsa
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitureAndExpirationsRSA
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us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2022Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10676000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
10676000 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-6780744 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
-6218202 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3895256 usd
CY2022Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4457798 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3895256 usd
CY2022Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-639061 usd
CY2021Q4 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1019895 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1917627 usd
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1522119 usd
CY2022Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
55000 usd
CY2021Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
35396 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
157134 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
165269 usd
CY2022Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.09 pure
CY2021Q4 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.03 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.08 pure
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
-0.11 pure
CY2022Q4 lpth Unpaid Withholding Tax
UnpaidWithholdingTax
40000 usd
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
0.20 pure
CY2022Q4 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.25 pure
CY2022Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
487547 usd
CY2021Q4 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
184538 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
772145 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
301129 usd
CY2022Q4 lpth Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number Rsa
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumberRSA
69795 shares
lpth Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsoutstandingweightedaverageremainingcontractualtermsrestricted Stock Award
SharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsoutstandingweightedaverageremainingcontractualtermsrestrictedStockAward
P1Y4M24D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
1703187 shares
lpth Discount On Employee Stock Purchase Plan Percentage
DiscountOnEmployeeStockPurchasePlanPercentage
0.10 pure
CY2022Q4 lpth Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number Rsa
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumberRSA
0 shares
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
251706 shares
lpth Discount On Employee Stock Purchase Plan
DiscountOnEmployeeStockPurchasePlan
1954 usd
lpth Stock Option Balancebeginning Shares
StockOptionBalancebeginningShares
534462 shares
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
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
P0Y10M24D
CY2022Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
2.15
lpth Weighted Average Remaining Contract Life Unexercisable Balance Ending1
WeightedAverageRemainingContractLifeUnexercisableBalanceEnding1
P7Y2M12D
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
730827 shares
lpth Weighted Average Remaining Contract Life Unexercisable Balance Ending
WeightedAverageRemainingContractLifeUnexercisableBalanceEnding
P1Y6M
lpth Weighted Average Remaining Contract Life Unexercisable Restricted Share Award Balance Ending
WeightedAverageRemainingContractLifeUnexercisableRestrictedShareAwardBalanceEnding
69795 shares
lpth Weighted Average Remaining Contract Life Unexercisable Rsa Contract Balance Ending
WeightedAverageRemainingContractLifeUnexercisableRSAContractBalanceEnding
P1Y4M24D
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Stock Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedStockOptions
213120 usd
CY2022Q4 lpth Employee Service Share Based Compensation Restricted Stock Award
EmployeeServiceShareBasedCompensationRestrictedStockAward
69854 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
817336 usd
CY2022Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
1100310 usd
CY2022Q4 us-gaap Net Income Loss
NetIncomeLoss
-694061 usd
CY2021Q4 us-gaap Net Income Loss
NetIncomeLoss
-1055291 usd
us-gaap Net Income Loss
NetIncomeLoss
-2074761 usd
us-gaap Net Income Loss
NetIncomeLoss
-1687388 usd
CY2022Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27172226 shares
CY2021Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27008748 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27121583 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27001360 shares
CY2022Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2021Q4 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27172226 shares
CY2021Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27008748 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27121583 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
27001360 shares
CY2022Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.03
CY2021Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.04
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.08
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.06
CY2022Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.03
CY2021Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.04
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.06
CY2022Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2783251 shares
CY2021Q4 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1523570 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2689401 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2242972 shares
lpth Operating Lease Expiry Year
OperatingLeaseExpiryYear
2032
CY2022Q2 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
11454 usd
CY2022Q4 lpth Total Lease Liabilities
TotalLeaseLiabilities
9941450 usd
lpth Description Of Leased Space
DescriptionOfLeasedSpace
the second lease for the premises comprising our Orlando Facility in April 2021, and again in September 2021, to extend the term of such lease to a date we anticipate to be in or around December 2032 and to increase the leased space from 26,000 square feet to approximately 58,500 square feet. Effective in January 2022, the terms of our leases in Zhenjiang, China and Riga, Latvia were extended to December 31, 2024 and 2030, respectively
lpth Lease Term
LeaseTerm
P12Y
lpth Tenant Improvement Allowances
TenantImprovementAllowances
2400000 usd
lpth Estimated Cost Of Tenant Improvement Allowances
EstimatedCostOfTenantImprovementAllowances
2500000 usd
CY2022Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
184424 usd
CY2021Q4 us-gaap Operating Lease Cost
OperatingLeaseCost
171911 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
415925 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
344141 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
34111 usd
CY2021Q4 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
43825 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
68222 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
91179 usd
CY2022Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1187 usd
CY2021Q4 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
5315 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
3870 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
11747 usd
CY2022Q4 lpth Total Finance Lease Cost
TotalFinanceLeaseCost
35298 usd
CY2021Q4 lpth Total Finance Lease Cost
TotalFinanceLeaseCost
49140 usd
lpth Total Finance Lease Cost
TotalFinanceLeaseCost
72092 usd
lpth Total Finance Lease Cost
TotalFinanceLeaseCost
102926 usd
CY2022Q4 us-gaap Lease Cost
LeaseCost
219722 usd
CY2021Q4 us-gaap Lease Cost
LeaseCost
221051 usd
us-gaap Lease Cost
LeaseCost
488017 usd
us-gaap Lease Cost
LeaseCost
447067 usd
CY2022Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
9894925 usd
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
10420604 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
91430 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
61566 usd
CY2022Q4 lpth Right Of Use Asset
RightOfUseAsset
9986355 usd
CY2022Q2 lpth Right Of Use Asset
RightOfUseAsset
10482170 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
926132 usd
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
965622 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
43123 usd
CY2022Q2 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
55348 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
8921735 usd
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
9478077 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
50460 usd
CY2022Q2 lpth Total Lease Liabilities
TotalLeaseLiabilities
10510501 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
55000 usd
CY2022Q2 us-gaap Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
418000 usd
lpth Lease Term And Discount Rate
LeaseTermAndDiscountRate
<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>Lease Term and Discount Rate</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:center;"><strong>December 31, </strong><strong>2022</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td colspan="4" style="vertical-align:bottom;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Weighted Average Remaining Lease Term (in years)</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in;text-indent:10pt">Operating leases</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:12%;vertical-align:bottom;text-align:right;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">9.7</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in;text-indent:10pt">Finance leases</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">2.5</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in">Weighted Average Discount Rate</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in;text-indent:10pt">Operating leases</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">2.9%</p></td><td style="white-space: nowrap;"/></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 0in;text-indent:10pt">Finance leases</p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="vertical-align:bottom;text-align:right;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;">8.4%</p></td><td style="white-space: nowrap;"/></tr></tbody></table>
lpth Weighted Average Remaining Lease Term In Years Operating Leases
WeightedAverageRemainingLeaseTermInYearsOperatingLeases
P9Y8M12D
lpth Weighted Average Remaining Lease Term In Years Finance Leases
WeightedAverageRemainingLeaseTermInYearsFinanceLeases
P2Y6M
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.029 pure
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.084 pure
us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
523157 usd
us-gaap Operating Lease Payments Use
OperatingLeasePaymentsUse
448485 usd
lpth Finance Lease Payments Use
FinanceLeasePaymentsUse
2286 usd
lpth Finance Lease Payments Use
FinanceLeasePaymentsUse
11747 usd
lpth Financing Cash Used For Finance Leases
FinancingCashUsedForFinanceLeases
57140 usd
lpth Financing Cash Used For Finance Leases
FinancingCashUsedForFinanceLeases
113298 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
23023 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
240823 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
43683 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
1046659 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
31872 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1222871 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
9557 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1193987 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1165786 usd
CY2022Q4 lpth Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
0 usd
CY2022Q4 lpth Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
6938805 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
108135 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
11808931 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
14552 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
1961064 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
93583 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
9847867 usd
lpth Description Term Loan Amendement
DescriptionTermLoanAmendement
the Fourth Amendment, monthly payments, including principal and interest, shall decrease to $75,000, but shall increase to $100,000 on January 1, 2024
CY2022Q4 lpth Long Term Debt Maturities Repayments Of Principal After Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFour
0 usd
CY2022Q4 lpth Cumulative Gain
CumulativeGain
688000 usd
CY2022Q2 lpth Cumulative Gain
CumulativeGain
935000000000 usd
CY2022Q4 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
29000 usd
CY2021Q4 us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
14000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
7000 usd
us-gaap Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
40000 usd
CY2022Q4 lpth Percentage Of Amount Held For Foreign Subsidiaries
PercentageOfAmountHeldForForeignSubsidiaries
0.50 pure
CY2021 us-gaap Payments For Fees
PaymentsForFees
718000 usd
CY2022 us-gaap Payments For Fees
PaymentsForFees
400000 usd
CY2021 us-gaap Loss Contingency Accrual Payments
LossContingencyAccrualPayments
485000 usd
CY2022Q1 lpth Offering Price
OfferingPrice
75800000 usd
CY2022Q1 lpth Revised Offering Price
RevisedOfferingPrice
25200000 usd
CY2022Q1 lpth Decrease In Aggregate Offering Price
DecreaseInAggregateOfferingPrice
50600000 usd

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