2024 Q3 Form 10-K Financial Statement
#000165495424012103 Filed on September 19, 2024
Income Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
Revenue | $8.400M | $8.634M | $31.73M |
YoY Change | 4.0% | -10.8% | -3.67% |
Cost Of Revenue | $5.556M | $6.109M | $23.09M |
YoY Change | -3.3% | -7.44% | 5.65% |
Gross Profit | $2.844M | $2.525M | $8.631M |
YoY Change | 21.99% | -18.02% | -22.06% |
Gross Profit Margin | 33.86% | 29.24% | 27.21% |
Selling, General & Admin | $3.271M | $3.606M | $12.30M |
YoY Change | 22.9% | 19.8% | 7.52% |
% of Gross Profit | 114.98% | 142.81% | 142.48% |
Research & Development | $476.4K | $582.8K | $2.400M |
YoY Change | -25.54% | -6.0% | 11.89% |
% of Gross Profit | 16.75% | 23.08% | 27.81% |
Depreciation & Amortization | $989.6K | $1.063M | $4.048M |
YoY Change | 22.17% | 31.18% | 27.71% |
% of Gross Profit | 34.79% | 42.08% | 46.9% |
Operating Expenses | $4.221M | $4.623M | $16.46M |
YoY Change | 17.84% | 18.24% | 12.5% |
Operating Profit | -$1.377M | -$2.098M | -$7.827M |
YoY Change | 10.09% | 152.79% | 120.19% |
Interest Expense | $149.4K | -$10.81K | $191.9K |
YoY Change | 159.26% | 8.1% | -32.27% |
% of Operating Profit | |||
Other Income/Expense, Net | -$230.3K | -$187.4K | -$113.2K |
YoY Change | 341.12% | -1973.5% | -56.18% |
Pretax Income | -$1.607M | -$2.408M | -$7.940M |
YoY Change | 23.36% | 200.96% | 108.24% |
Income Tax | $15.64K | -$53.91K | $67.49K |
% Of Pretax Income | |||
Net Earnings | -$1.623M | -$2.354M | -$8.007M |
YoY Change | 20.89% | 190.59% | 97.87% |
Net Earnings / Revenue | -19.32% | -27.26% | -25.24% |
Basic Earnings Per Share | -$0.04 | -$0.21 | |
Diluted Earnings Per Share | -$0.04 | -$0.06 | -$0.21 |
COMMON SHARES | |||
Basic Shares Outstanding | 39.55M shares | 38.81M shares | 37.94M shares |
Diluted Shares Outstanding | 39.56M shares | 37.94M shares |
Balance Sheet
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $4.281M | $3.480M | $3.480M |
YoY Change | -0.45% | -25.95% | -25.95% |
Cash & Equivalents | $4.281M | $3.480M | $3.480M |
Short-Term Investments | |||
Other Short-Term Assets | $2.218K | $131.2K | $577.1K |
YoY Change | -99.93% | -95.77% | -81.38% |
Inventory | $6.790M | $6.551M | $6.551M |
Prepaid Expenses | |||
Receivables | $5.197M | $4.929M | $4.929M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $16.81M | $15.54M | $15.54M |
YoY Change | -15.84% | -28.6% | -28.73% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $14.92M | $15.21M | $21.95M |
YoY Change | -4.31% | 18.73% | -2.0% |
Goodwill | $6.764M | $6.764M | |
YoY Change | -24.13% | 15.53% | |
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $58.00K | $59.60K | $182.6K |
YoY Change | -14.42% | -9.61% | -8.7% |
Total Long-Term Assets | $31.64M | $32.55M | $32.55M |
YoY Change | -10.48% | 2.43% | 2.68% |
TOTAL ASSETS | |||
Total Short-Term Assets | $16.81M | $15.54M | $15.54M |
Total Long-Term Assets | $31.64M | $32.55M | $32.55M |
Total Assets | $48.44M | $48.09M | $48.09M |
YoY Change | -12.42% | -10.18% | -10.12% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.662M | $3.232M | $3.232M |
YoY Change | -8.44% | 25.55% | 24.3% |
Accrued Expenses | $1.414M | $1.912M | $4.418M |
YoY Change | -18.75% | 188.7% | 42.53% |
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | $3.148M | $386.3K | $386.3K |
YoY Change | 124.82% | -64.88% | -64.88% |
Total Short-Term Liabilities | $9.740M | $8.036M | $8.036M |
YoY Change | 14.26% | 17.6% | 18.18% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $284.9K | $325.9K | $854.6K |
YoY Change | -76.96% | -78.98% | -55.02% |
Other Long-Term Liabilities | $8.152M | $8.670M | $8.670M |
YoY Change | -16.82% | 3.22% | 3.22% |
Total Long-Term Liabilities | $284.9K | $325.9K | $9.525M |
YoY Change | -76.96% | -78.98% | -7.53% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $9.740M | $8.036M | $8.036M |
Total Long-Term Liabilities | $284.9K | $325.9K | $9.525M |
Total Liabilities | $19.00M | $17.89M | $17.89M |
YoY Change | -6.95% | 1.73% | 1.63% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$217.5M | -$215.8M | |
YoY Change | 3.96% | 3.85% | |
Common Stock | $396.1K | $392.5K | |
YoY Change | 5.76% | 5.11% | |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $29.44M | $30.20M | $30.20M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $48.44M | $48.09M | $48.09M |
YoY Change | -12.42% | -10.18% | -10.12% |
Cashflow Statement
Concept | 2024 Q3 | 2024 Q2 | 2024 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$1.623M | -$2.354M | -$8.007M |
YoY Change | 20.89% | 190.59% | 97.87% |
Depreciation, Depletion And Amortization | $989.6K | $1.063M | $4.048M |
YoY Change | 22.17% | 31.18% | 27.71% |
Cash From Operating Activities | -$1.700M | $64.70K | $521.0K |
YoY Change | -249.14% | -103.42% | -118.55% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $79.73K | $290.1K | $2.183M |
YoY Change | -91.65% | -61.31% | -29.06% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$114.4K | $0.00 | -$482.4K |
YoY Change | -45.55% | -100.0% | -329.73% |
Cash From Investing Activities | -$194.1K | -$290.1K | -$2.665M |
YoY Change | -83.3% | -52.43% | -7.07% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | $2.613M | 603.2K | -$1.466M |
YoY Change | -1321.93% | -961.76% | -119.67% |
NET CHANGE | |||
Cash From Operating Activities | -$1.700M | 64.70K | $521.0K |
Cash From Investing Activities | -$194.1K | -290.1K | -$2.665M |
Cash From Financing Activities | $2.613M | 603.2K | -$1.466M |
Net Change In Cash | $800.4K | 377.8K | -$3.664M |
YoY Change | -381.29% | -114.7% | -323.89% |
FREE CASH FLOW | |||
Cash From Operating Activities | -$1.700M | $64.70K | $521.0K |
Capital Expenditures | $79.73K | $290.1K | $2.183M |
Free Cash Flow | -$1.780M | -$225.4K | -$1.662M |
YoY Change | -1062.19% | -91.46% | -71.77% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2023Q2 | us-gaap |
Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
|
570293 | usd |
CY2024Q2 | us-gaap |
Restricted Cash
RestrictedCash
|
0 | usd |
CY2023Q2 | us-gaap |
Restricted Cash
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|
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Inventory Net
InventoryNet
|
6551059 | usd |
CY2024Q2 | us-gaap |
Assets Current
AssetsCurrent
|
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CY2023Q2 | us-gaap |
Assets Current
AssetsCurrent
|
21760091 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
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CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
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Operating Lease Right Of Use Asset
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|
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Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
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CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
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|
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CY2023Q2 | us-gaap |
Goodwill
Goodwill
|
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Assets
Assets
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Liabilities Current
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|
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CY2023Q2 | us-gaap |
Liabilities Current
LiabilitiesCurrent
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CY2023Q2 | us-gaap |
Employee Related Liabilities Current
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|
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CY2024Q2 | us-gaap |
Other Accrued Liabilities Noncurrent
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|
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CY2023Q2 | us-gaap |
Other Accrued Liabilities Noncurrent
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|
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Liabilities
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Preferred Stock Value
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Additional Paid In Capital
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Accumulated Other Comprehensive Income Loss Net Of Tax
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Retained Earnings Accumulated Deficit
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Retained Earnings Accumulated Deficit
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|
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Stockholders Equity
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|
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Stockholders Equity
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|
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Liabilities And Stockholders Equity
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Liabilities And Stockholders Equity
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|
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Allowance For Doubtful Accounts Receivable Current
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Allowance For Doubtful Accounts Receivable Current
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Accounts Receivable Net Current
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Prepaid Expense And Other Assets Current
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Finite Lived Intangible Assets Net
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Goodwill
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|
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Deferred Taxes Assets Net Current
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|
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CY2023Q2 | lpth |
Deferred Taxes Assets Net Current
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Deferred Income Tax Liabilities Net
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Long Term Loans Payable
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|
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Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
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Common Stock Shares Authorized
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Common Stock Shares Authorized
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Revenues
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Revenues
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Cost Of Revenue
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Research And Development Expense Excluding Acquired In Process Cost
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Amortization Of Intangible Assets
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Amortization Of Intangible Assets
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|
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Gain Loss On Disposition Of Other Financial Assets
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Operating Expenses
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|
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OtherOperatingIncomeExpenseNet
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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Income Loss From Continuing Operations Before Income Taxes Domestic
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Income Tax Expense Benefit
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Net Income Loss
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|
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Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
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Comprehensive Income Net Of Tax
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|
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Basic Earnings Per Share
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|
-0.21 | |
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Diluted Weighted Average Number Of Shares Outstanding
DilutedWeightedAverageNumberOfSharesOutstanding
|
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CY2023 | lpth |
Diluted Weighted Average Number Of Shares Outstanding
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|
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Profit Loss
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|
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Depreciation And Amortization
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|
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Depreciation And Amortization
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Amortization Of Debt Discount Premium
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Amortization Of Debt Discount Premium
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Share Based Compensation
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Share Based Compensation
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Provision For Other Credit Losses
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Increase Decrease In Operating Lease Assets And Liabilities
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Inventory Write Down
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|
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Deferred Income Taxes And Tax Credits
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Increase Decrease In Accounts Receivable
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Increase Decrease In Other Current Assets
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Increase Decrease In Other Current Assets
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|
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Increase Decrease In Inventories
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|
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|
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Increase Decrease In Prepaid Deferred Expense And Other Assets
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|
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Increase Decrease In Accounts Payable And Accrued Liabilities
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|
680457 | usd |
CY2023 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
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|
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Net Cash Provided By Used In Operating Activities
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|
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CY2024 | us-gaap |
Payments To Acquire Property Plant And Equipment
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|
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Payments To Acquire Property Plant And Equipment
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|
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CY2023 | us-gaap |
Proceeds From Sale Of Flight Equipment
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|
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Proceeds From Sale Of Equipment
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|
209169 | usd |
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Proceeds From Sale Of Flight Equipment
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|
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Proceeds From Sale Of Equipment
ProceedsFromSaleOfEquipment
|
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Acquisition Of Visimid Technologies Net Of Cash Acquired
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|
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Acquisition Of Visimid Technologies Net Of Cash Acquired
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CY2023 | us-gaap |
Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlans
|
40380 | usd |
CY2024 | us-gaap |
Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
|
806332 | usd |
CY2023 | us-gaap |
Proceeds From Sale Of Longterm Investments
ProceedsFromSaleOfLongtermInvestments
|
9199510 | usd |
CY2024 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
278926 | usd |
CY2023 | us-gaap |
Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
|
141245 | usd |
CY2024 | us-gaap |
Interest Paid Net
InterestPaidNet
|
196541 | usd |
CY2023 | us-gaap |
Interest Paid Net
InterestPaidNet
|
221773 | usd |
CY2024 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
166858 | usd |
CY2023 | us-gaap |
Income Taxes Paid Net
IncomeTaxesPaidNet
|
428914 | usd |
CY2024 | us-gaap |
Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
|
396058 | usd |
CY2023 | us-gaap |
Airline Capacity Purchase Arrangements
AirlineCapacityPurchaseArrangements
|
451058 | usd |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
|
0.740 | pure |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
|
0 | pure |
CY2024 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000889971 | |
CY2024 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2024 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--06-30 | |
CY2024 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
FY | |
CY2024 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2024 | |
CY2024 | dei |
Document Fin Stmt Error Correction Flag
DocumentFinStmtErrorCorrectionFlag
|
false | |
CY2023Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
500000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q2 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2023Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
37344739 | shares |
CY2024Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
39254643 | shares |
CY2023Q2 | lpth |
Unpaid Withholding Tax
UnpaidWithholdingTax
|
40000 | usd |
CY2024 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number Rsa Beginning
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumberRSABeginning
|
101733 | shares |
CY2024 | lpth |
Share Based Compensation Arrangement By Share Based Payments Award Non Option Equity Instruments Outstanding Number Rsa
ShareBasedCompensationArrangementByShareBasedPaymentsAwardNonOptionEquityInstrumentsOutstandingNumberRSA
|
161540 | shares |
CY2023 | lpth |
Weighted Average Remaining Contract Life Unexercisable Restricted Shares Award Balance Ending
WeightedAverageRemainingContractLifeUnexercisableRestrictedSharesAwardBalanceEnding
|
101733 | shares |
CY2024 | lpth |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
|
P6Y1M6D | |
CY2024 | lpth |
Weighted Average Remaining Contract Life Unexercisable Balance Ending
WeightedAverageRemainingContractLifeUnexercisableBalanceEnding
|
P9M18D | |
CY2023 | lpth |
Discount Of Purchase Of Common Stock
DiscountOfPurchaseOfCommonStock
|
4000 | usd |
CY2024 | dei |
Document Type
DocumentType
|
10-K | |
CY2024 | dei |
Document Annual Report
DocumentAnnualReport
|
true | |
CY2024 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2024-06-30 | |
CY2024 | dei |
Document Transition Report
DocumentTransitionReport
|
false | |
CY2024 | dei |
Entity File Number
EntityFileNumber
|
000-27548 | |
CY2024 | dei |
Entity Registrant Name
EntityRegistrantName
|
LIGHTPATH TECHNOLOGIES, INC. | |
CY2024 | dei |
Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
|
DE | |
CY2024 | dei |
Entity Tax Identification Number
EntityTaxIdentificationNumber
|
86-0708398 | |
CY2024 | dei |
Entity Address Address Line1
EntityAddressAddressLine1
|
2603 Challenger Tech Court | |
CY2024 | dei |
Entity Address Address Line2
EntityAddressAddressLine2
|
Suite 100 | |
CY2024 | dei |
Entity Address City Or Town
EntityAddressCityOrTown
|
Orlando | |
CY2024 | dei |
Entity Address State Or Province
EntityAddressStateOrProvince
|
FL | |
CY2024 | dei |
Entity Address Postal Zip Code
EntityAddressPostalZipCode
|
32826 | |
CY2024 | dei |
City Area Code
CityAreaCode
|
407 | |
CY2024 | dei |
Local Phone Number
LocalPhoneNumber
|
382-4003 | |
CY2024 | dei |
Security12b Title
Security12bTitle
|
Class A Common Stock, par value $0.01 | |
CY2024 | dei |
Trading Symbol
TradingSymbol
|
LPTH | |
CY2024 | dei |
Security Exchange Name
SecurityExchangeName
|
NASDAQ | |
CY2024 | dei |
Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
|
No | |
CY2024 | dei |
Entity Voluntary Filers
EntityVoluntaryFilers
|
No | |
CY2024 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2024 | dei |
Entity Interactive Data Current
EntityInteractiveDataCurrent
|
Yes | |
CY2024 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2024 | dei |
Entity Small Business
EntitySmallBusiness
|
true | |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
|
0.0398 | pure |
CY2024 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
|
P7Y5M26D | |
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 | |
CY2023 | lpth |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm1
|
P7Y | |
CY2022Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
2079669 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P0Y10M24D | |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
611386 | shares |
CY2023 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Rsa
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedRSA
|
246942 | shares |
CY2023 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
0 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
1068291 | shares |
CY2023 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised Rsa
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisedRSA
|
-145209 | shares |
CY2024 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2024 | dei |
Icfr Auditor Attestation Flag
IcfrAuditorAttestationFlag
|
false | |
CY2024 | dei |
Entity Shell Company
EntityShellCompany
|
false | |
CY2023Q4 | dei |
Entity Public Float
EntityPublicFloat
|
46771150 | usd |
CY2024Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
39552737 | shares |
CY2024 | dei |
Auditor Firm
AuditorFirmId
|
569 | |
CY2024 | dei |
Auditor Name
AuditorName
|
MSL, P.A. | |
CY2024 | dei |
Auditor Location
AuditorLocation
|
Orlando, Florida | |
CY2024Q2 | us-gaap |
Accounts Receivable Net Current
AccountsReceivableNetCurrent
|
4928931 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
7410734 | usd |
CY2023Q2 | us-gaap |
Assets
Assets
|
53536184 | usd |
CY2024Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
3231713 | usd |
CY2023Q2 | us-gaap |
Accounts Payable Current
AccountsPayableCurrent
|
2574135 | usd |
CY2024Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
1911867 | usd |
CY2023Q2 | us-gaap |
Accrued Liabilities Current
AccruedLiabilitiesCurrent
|
662242 | usd |
CY2024Q2 | us-gaap |
Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
|
1446452 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
1059998 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
|
969890 | usd |
CY2024Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
209170 | usd |
CY2023Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
1023814 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
177148 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
103646 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
528753 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
341201 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
8058502 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
8393248 | usd |
CY2024Q2 | us-gaap |
Long Term Loans Payable
LongTermLoansPayable
|
325880 | usd |
CY2024Q2 | us-gaap |
Liabilities
Liabilities
|
17887299 | usd |
CY2023Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2023Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
37344739 | shares |
CY2023 | us-gaap |
Cost Of Revenue
CostOfRevenue
|
21859126 | usd |
CY2024 | us-gaap |
Gross Profit
GrossProfit
|
8631246 | usd |
CY2023 | us-gaap |
Gross Profit
GrossProfit
|
11074823 | usd |
CY2024 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
12297383 | usd |
CY2023 | us-gaap |
Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
|
11437241 | usd |
CY2024 | us-gaap |
Research And Development Expense Excluding Acquired In Process Cost
ResearchAndDevelopmentExpenseExcludingAcquiredInProcessCost
|
2400420 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
|
-3812837 | usd |
CY2024 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-96600 | usd |
CY2024 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-8103946 | usd |
CY2023 | lpth |
Basic Earnings Per Share
BasicEarningsPerShare
|
-0.13 | |
CY2024 | lpth |
Basic Weighted Average Number Of Shares Outstanding
BasicWeightedAverageNumberOfSharesOutstanding
|
37944935 | shares |
CY2023 | lpth |
Basic Weighted Average Number Of Shares Outstanding
BasicWeightedAverageNumberOfSharesOutstanding
|
31637445 | shares |
CY2024 | lpth |
Diluted Earnings Per Share
DilutedEarningsPerShare
|
-0.21 | |
CY2023 | lpth |
Diluted Earnings Per Share
DilutedEarningsPerShare
|
-0.13 | |
CY2022Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
29731238 | usd |
CY2023 | lpth |
Employee Stock Purchase Plan Amount
EmployeeStockPurchasePlanAmount
|
40380 | usd |
CY2023 | lpth |
Exercise Of Stock Options Rsus Rsas Net Amount
ExerciseOfStockOptionsRsusRsasNetAmount
|
45900 | usd |
CY2023 | lpth |
Issuance Of Common Stock Under Public Equity Placement Amount
IssuanceOfCommonStockUnderPublicEquityPlacementAmount
|
9199510 | usd |
CY2023 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1310957 | usd |
CY2023 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
-328589 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4046871 | usd |
CY2023Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
35952525 | usd |
CY2024 | lpth |
Employee Stock Purchase Plan Amount
EmployeeStockPurchasePlanAmount
|
39677 | usd |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
0 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
26542 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
534462 | shares |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.03 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P6Y1M6D | |
CY2023Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1596222 | shares |
CY2023 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms2
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms2
|
P1Y1M6D | |
CY2023 | lpth |
Share Based Compensation Arrangement By Share Based Payments Award Non Option Equity Instruments Outstanding Number Rsa
ShareBasedCompensationArrangementByShareBasedPaymentsAwardNonOptionEquityInstrumentsOutstandingNumberRSA
|
101733 | shares |
CY2023 | lpth |
Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsoutstandingweightedaverageremainingcontractualtermsrestricted Stock Award
SharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsoutstandingweightedaverageremainingcontractualtermsrestrictedStockAward
|
P0Y8M12D | |
CY2024 | lpth |
Granted Shares
GrantedShares
|
28736 | shares |
CY2024 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
|
1.74 | |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
|
543305 | shares |
CY2024 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted Rsa
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGrantedRSA
|
270070 | shares |
CY2024 | us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
3000 | shares |
CY2024 | us-gaap |
Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
|
1.38 | |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
|
843246 | shares |
CY2024 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised Rsa
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercisedRSA
|
-191007 | shares |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
|
6509 | shares |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
|
1.45 | |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures And Expirations
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeituresAndExpirations
|
46149 | shares |
CY2024 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Cancelled Forfeited
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsCancelledForfeited
|
-19256 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
|
553689 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
|
2.02 | |
CY2024 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
|
P5Y4M24D | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
|
1250132 | shares |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms
|
P0Y9M18D | |
CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
161540 | shares |
CY2024 | lpth |
Sharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsoutstandingweightedaverageremainingcontractualtermsrestricted Stock Award
SharebasedcompensationarrangementbysharebasedpaymentawardequityinstrumentsotherthanoptionsoutstandingweightedaverageremainingcontractualtermsrestrictedStockAward
|
P1Y6M | |
CY2024 | lpth |
Balance Ending Shares Exercisable And Vested
BalanceEndingSharesExercisableAndVested
|
506203 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
|
2.00 | |
CY2024 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested And Expected To Vest Outstanding Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingWeightedAverageRemainingContractualTerm1
|
P5Y1M6D | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Vested And Expected To Vest Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestOutstandingNumber
|
587351 | shares |
CY2024 | lpth |
Balance Ending Shares Unexercisable And Unvested
BalanceEndingSharesUnexercisableAndUnvested
|
47486 | shares |
CY2024Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedWeightedAverageGrantDateFairValue
|
2.25 | |
CY2024 | lpth |
Weighted Average Remaining Contract Life Unexercisable Balance Ending1
WeightedAverageRemainingContractLifeUnexercisableBalanceEnding1
|
P8Y7M6D | |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
|
662781 | shares |
CY2024 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Outstanding Weighted Average Remaining Contractual Terms2
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsOutstandingWeightedAverageRemainingContractualTerms2
|
P0Y9M18D | |
CY2024 | lpth |
Weighted Average Remaining Contract Life Unexercisable Restricted Shares Award Balance Ending
WeightedAverageRemainingContractLifeUnexercisableRestrictedSharesAwardBalanceEnding
|
161540 | shares |
CY2024 | lpth |
Weighted Average Remaining Contract Life Unexercisable Rsa Contract Balance Ending
WeightedAverageRemainingContractLifeUnexercisableRSAContractBalanceEnding
|
P1Y6M | |
CY2024Q2 | lpth |
Total Unrecognized Compensation Cost
TotalUnrecognizedCompensationCost
|
863000 | usd |
CY2024 | lpth |
Exercise Of Stock Options Rsus Rsas Net Amount
ExerciseOfStockOptionsRsusRsasNetAmount
|
0 | usd |
CY2024 | lpth |
Issuance Of Common Stock Under Public Equity Placement Amount
IssuanceOfCommonStockUnderPublicEquityPlacementAmount
|
806332 | usd |
CY2024 | lpth |
Issuance Of Common Stock For Acquisition Of Visimid Amount
IssuanceOfCommonStockForAcquisitionOfVisimidAmount
|
486054 | usd |
CY2024 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1019023 | usd |
CY2024 | us-gaap |
Temporary Equity Foreign Currency Translation Adjustments
TemporaryEquityForeignCurrencyTranslationAdjustments
|
-96600 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8007346 | usd |
CY2024Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
30199665 | usd |
CY2024 | us-gaap |
Profit Loss
ProfitLoss
|
8007346 | usd |
CY2024 | us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
-4426 | usd |
CY2024 | us-gaap |
Increase Decrease In Inventories
IncreaseDecreaseInInventories
|
-960739 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
521037 | usd |
CY2024 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
2459474 | usd |
CY2023 | us-gaap |
Repayments Of Debt
RepaymentsOfDebt
|
1852256 | usd |
CY2024 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
131901 | usd |
CY2023 | us-gaap |
Repayments Of Debt And Capital Lease Obligations
RepaymentsOfDebtAndCapitalLeaseObligations
|
73003 | usd |
CY2024 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-1466440 | usd |
CY2023 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
7455876 | usd |
CY2024 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-53583 | usd |
CY2023 | us-gaap |
Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
-141769 | usd |
CY2024 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-3664222 | usd |
CY2023 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
1636599 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7144490 | usd |
CY2022Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
5507891 | usd |
CY2024Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
3480268 | usd |
CY2023Q2 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
7144490 | usd |
CY2024 | lpth |
Equipment Deposit Paid In Restricted Stock
EquipmentDepositPaidInRestrictedStock
|
0 | usd |
CY2023 | lpth |
Equipment Deposit Paid In Restricted Stock
EquipmentDepositPaidInRestrictedStock
|
45900 | usd |
CY2024 | lpth |
Operating Right Of Use Assets Acquired In Exchange For Operating Lease Liabilities
OperatingRightOfUseAssetsAcquiredInExchangeForOperatingLeaseLiabilities
|
92136 | usd |
CY2023 | lpth |
Operating Right Of Use Assets Acquired In Exchange For Operating Lease Liabilities
OperatingRightOfUseAssetsAcquiredInExchangeForOperatingLeaseLiabilities
|
0 | usd |
CY2024 | lpth |
Management Estimates
ManagementEstimates
|
<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; TEXT-INDENT: 0in; text-align:justify;"><strong><em>Management estimates.</em> </strong>Management makes estimates and assumptions during the preparation of the Company’s Consolidated Financial Statements that affect amounts reported in the 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> | |
CY2024Q2 | lpth |
Share Based Payment Arrangement Nonvested Award Cost Not Yet Recognized Amount
ShareBasedPaymentArrangementNonvestedAwardCostNotYetRecognizedAmount
|
53541 | usd |
CY2024Q2 | lpth |
Employee Service Share Based Compensation Restricted Stock Award
EmployeeServiceShareBasedCompensationRestrictedStockAward
|
154309 | usd |
CY2024 | 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% | |
CY2024Q2 | lpth |
Share Based Payment Arrangements Nonvested Award Cost Not Yet Recognized Amount
ShareBasedPaymentArrangementsNonvestedAwardCostNotYetRecognizedAmount
|
655504 | usd |
CY2024Q2 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
|
863354 | usd |
CY2024Q2 | lpth |
Cash And Cash Equivalent At Carrying Value
CashAndCashEquivalentAtCarryingValue
|
3500000 | usd |
CY2024 | us-gaap |
Foreign Earnings Repatriated
ForeignEarningsRepatriated
|
1400000 | usd |
CY2023 | us-gaap |
Foreign Earnings Repatriated
ForeignEarningsRepatriated
|
1900000 | usd |
CY2024Q2 | lpth |
Retained Earning Accumulated Deficit
RetainedEarningAccumulatedDeficit
|
1600000 | usd |
CY2024Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
725000 | usd |
CY2023Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
314000 | usd |
CY2024 | us-gaap |
Revenues
Revenues
|
31726192 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
32933949 | usd |
CY2024Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
3112428 | usd |
CY2023Q2 | us-gaap |
Inventory Raw Materials
InventoryRawMaterials
|
2999879 | usd |
CY2024Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2333240 | usd |
CY2023Q2 | us-gaap |
Inventory Work In Process
InventoryWorkInProcess
|
2909439 | usd |
CY2024Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
2330287 | usd |
CY2023Q2 | us-gaap |
Inventory Finished Goods
InventoryFinishedGoods
|
2626106 | usd |
CY2024Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
1224896 | usd |
CY2023Q2 | us-gaap |
Inventory Valuation Reserves
InventoryValuationReserves
|
1124690 | usd |
CY2024Q2 | us-gaap |
Inventory Net
InventoryNet
|
6551059 | usd |
CY2023Q2 | us-gaap |
Inventory Net
InventoryNet
|
7410734 | usd |
CY2024 | us-gaap |
Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
|
137000 | usd |
CY2023 | us-gaap |
Inventory Lifo Reserve Effect On Income Net
InventoryLIFOReserveEffectOnIncomeNet
|
316000 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
33513786 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
|
29430398 | usd |
CY2024Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
18303174 | usd |
CY2023Q2 | us-gaap |
Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
|
16619468 | usd |
CY2024Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
15210612 | usd |
CY2023Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
12810930 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
12629547 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
10676000 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-8978808 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
-7343285 | usd |
CY2024Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3650739 | usd |
CY2023Q2 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
3332715 | usd |
CY2024Q2 | us-gaap |
Capital Units Authorized
CapitalUnitsAuthorized
|
105000000 | shares |
CY2024Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2024 | us-gaap |
Auction Market Preferred Securities Stock Shares Outstanding Period Increase Decrease
AuctionMarketPreferredSecuritiesStockSharesOutstandingPeriodIncreaseDecrease
|
5000000 | shares |
CY2024Q2 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2024Q2 | lpth |
Preferred Stock Share Authorized
PreferredStockShareAuthorized
|
5000000 | shares |
CY2024Q2 | lpth |
Common Stock Share Authorized
CommonStockShareAuthorized
|
100000000 | shares |
CY2024 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-7939856 | usd |
CY2023 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-3812837 | usd |
CY2024 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
|
0 | usd |
CY2024 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
3800 | usd |
CY2023 | us-gaap |
Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
|
3799 | usd |
CY2024 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
185493 | usd |
CY2023 | us-gaap |
Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
|
303235 | usd |
CY2024 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
189293 | usd |
CY2023 | us-gaap |
Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
|
307034 | usd |
CY2024 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
17000 | usd |
CY2023 | us-gaap |
Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
|
3000 | usd |
CY2024 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
0 | usd |
CY2023 | us-gaap |
Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
|
0 | usd |
CY2024 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-138803 | usd |
CY2023 | us-gaap |
Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
|
-76000 | usd |
CY2024 | lpth |
Total Deferred
TotalDeferred
|
-121803 | usd |
CY2023 | lpth |
Total Deferred
TotalDeferred
|
-73000 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
67490 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
234034 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | pure |
CY2023 | us-gaap |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
|
0.210 | pure |
CY2024 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-1667370 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
|
-800696 | usd |
CY2024 | lpth |
Net Foreign Income Subject To Lower Tax Rate
NetForeignIncomeSubjectToLowerTaxRate
|
-99300 | usd |
CY2023 | lpth |
Net Foreign Income Subject To Lower Tax Rate
NetForeignIncomeSubjectToLowerTaxRate
|
-396742 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-299233 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
|
-303366 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
1026000 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
|
-3331277 | usd |
CY2024 | lpth |
Income Tax Reconciliation Nol Expiration And Adjustments
IncomeTaxReconciliationNOLExpirationAndAdjustments
|
1325111 | usd |
CY2023 | lpth |
Income Tax Reconciliation Nol Expiration And Adjustments
IncomeTaxReconciliationNOLExpirationAndAdjustments
|
4015752 | usd |
CY2024 | lpth |
Income Tax Reconciliation Gilti
IncomeTaxReconciliationGILTI
|
0 | usd |
CY2023 | lpth |
Income Tax Reconciliation Gilti
IncomeTaxReconciliationGILTI
|
192452 | usd |
CY2024 | lpth |
Income Tax Reconciliation Federal Research And Development And Other Credits
IncomeTaxReconciliationFederalResearchAndDevelopmentAndOtherCredits
|
-150873 | usd |
CY2023 | lpth |
Income Tax Reconciliation Federal Research And Development And Other Credits
IncomeTaxReconciliationFederalResearchAndDevelopmentAndOtherCredits
|
491112 | usd |
CY2024 | lpth |
Income Tax Reconciliation Stockbased Compensation
IncomeTaxReconciliationStockbasedCompensation
|
-4134 | usd |
CY2023 | lpth |
Income Tax Reconciliation Stockbased Compensation
IncomeTaxReconciliationStockbasedCompensation
|
-34976 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
-64794 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense Other
IncomeTaxReconciliationNondeductibleExpenseOther
|
-57762 | usd |
CY2024 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
2083 | usd |
CY2023 | us-gaap |
Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
|
459537 | usd |
CY2024 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
67490 | usd |
CY2023 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
234034 | usd |
CY2021Q2 | lpth |
Cash Saving Due To Utilization Of Payroll Tax Deferral
CashSavingDueToUtilizationOfPayrollTaxDeferral
|
325000 | usd |
CY2024 | lpth |
Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rates
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRates
|
0.25 | pure |
CY2024 | us-gaap |
Dividends
Dividends
|
1400000 | usd |
CY2023 | us-gaap |
Dividends
Dividends
|
1900000 | usd |
CY2024 | lpth |
Chinese Withholding Tax Paid
ChineseWithholdingTaxPaid
|
152000 | usd |
CY2023 | lpth |
Chinese Withholding Tax Paid
ChineseWithholdingTaxPaid
|
210000 | usd |
CY2024 | lpth |
Associated Income Tax Expense
AssociatedIncomeTaxExpense
|
152000 | usd |
CY2023 | lpth |
Associated Income Tax Expense
AssociatedIncomeTaxExpense
|
210000 | usd |
CY2024Q2 | lpth |
Unpaid Withholding Tax
UnpaidWithholdingTax
|
40000 | usd |
CY2024 | us-gaap |
Effective Income Tax Rate Reconciliation Change In Enacted Tax Rate
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate
|
0.20 | pure |
CY2024Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
9544000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
|
9243000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
275000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Compensation And Benefits Share Based Compensation Cost
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefitsShareBasedCompensationCost
|
340000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
1935000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets In Process Research And Development
DeferredTaxAssetsInProcessResearchAndDevelopment
|
1787000 | usd |
CY2024Q2 | lpth |
Deferred Tax Assets Capitalized Rd Expenses
DeferredTaxAssetsCapitalizedRDExpenses
|
887000 | usd |
CY2023Q2 | lpth |
Deferred Tax Assets Capitalized Rd Expenses
DeferredTaxAssetsCapitalizedRDExpenses
|
763000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
200698 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Inventory
DeferredTaxAssetsInventory
|
200000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
150000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAccruedLiabilities
|
15000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
12991698 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Gross
DeferredTaxAssetsGross
|
12348000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
12083000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
|
11057000 | usd |
CY2024Q2 | lpth |
Total Deferred Tax Assets
TotalDeferredTaxAssets
|
908698 | usd |
CY2023Q2 | lpth |
Total Deferred Tax Assets
TotalDeferredTaxAssets
|
1291000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
602895 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Liabilities Other
DeferredTaxLiabilitiesOther
|
740000 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
509000 | usd |
CY2023Q2 | us-gaap |
Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
|
876000 | usd |
CY2024Q2 | lpth |
Total Deferred Tax Liabilities
TotalDeferredTaxLiabilities
|
1111895 | usd |
CY2023Q2 | lpth |
Total Deferred Tax Liabilities
TotalDeferredTaxLiabilities
|
1616000 | usd |
CY2024Q2 | lpth |
Net Deferred Tax Asset
NetDeferredTaxAsset
|
-203197 | usd |
CY2023Q2 | lpth |
Net Deferred Tax Asset
NetDeferredTaxAsset
|
-325000 | usd |
CY2024 | lpth |
Future Taxable Income
FutureTaxableIncome
|
39000000 | usd |
CY2024 | lpth |
Expired Future Taxable Income
ExpiredFutureTaxableIncome
|
21000000 | usd |
CY2024 | lpth |
Un Expired Future Taxable Income
UnExpiredFutureTaxableIncome
|
18000000 | usd |
CY2024 | lpth |
Valuation Adjustment Against Deferred Tax Asset
ValuationAdjustmentAgainstDeferredTaxAsset
|
12100000 | usd |
CY2023 | us-gaap |
Valuation Allowance Deferred Tax Asset Change In Amount
ValuationAllowanceDeferredTaxAssetChangeInAmount
|
1000000.0 | usd |
CY2024Q2 | us-gaap |
Deferred Tax Assets Other
DeferredTaxAssetsOther
|
123000 | usd |
CY2024 | lpth |
Maximum Number Of Shares Empolyee Can Purchase
MaximumNumberOfSharesEmpolyeeCanPurchase
|
8000 | shares |
CY2024 | lpth |
Offering Period
OfferingPeriod
|
P12M | |
CY2024 | lpth |
Number Of Common Purcase Within Offering Period
NumberOfCommonPurcaseWithinOfferingPeriod
|
4000 | shares |
CY2024 | lpth |
Discount Of Purchase Of Common Stock
DiscountOfPurchaseOfCommonStock
|
4000 | usd |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
|
7615625 | shares |
CY2024Q2 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOutstandingNumber
|
1965361 | shares |
CY2024Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
|
1076778 | shares |
CY2024 | lpth |
Descriptionofstock Options Granted Vest Ratably
DescriptionofstockOptionsGrantedVestRatably
|
options granted vest ratably over two to four years and are generally exercisable for ten years. The assumed forfeiture rates used in calculating the fair value of RSU grants was 0%, and the assumed forfeiture rates used in calculating the fair value of options for performance and service conditions were 20% for each of the years ended June 30, 2024 and 2023. The volatility rate and expected term are based on seven-year | |
CY2022Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
1064012 | shares |
CY2022Q2 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedWeightedAverageGrantDateFairValue
|
1.71 | |
CY2023 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
858328 | shares |
CY2023 | lpth |
Share Based Compensation Arrangement By Share Based Payment Awards Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.24 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
998400 | shares |
CY2023 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedInPeriodWeightedAverageGrantDateFairValue
|
1.52 | |
CY2023 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
|
26542 | shares |
CY2023 | lpth |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Cancelled Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedCancelledForfeitedWeightedAverageGrantDateFairValue
|
0 | |
CY2023Q2 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedNumberOfShares
|
897398 | shares |
CY2023Q2 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedWeightedAverageGrantDateFairValue
|
1.40 | |
CY2024 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
|
842111 | shares |
CY2024 | lpth |
Share Based Compensation Arrangement By Share Based Payment Awards Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardsGrantsInPeriodWeightedAverageGrantDateFairValue
|
1.40 | |
CY2024 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Vested Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsVestedNumberOfShares
|
806409 | shares |
CY2024 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardVestedInPeriodWeightedAverageGrantDateFairValue
|
1.57 | |
CY2024 | us-gaap |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Options Forfeited Number Of Shares
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedOptionsForfeitedNumberOfShares
|
61293 | shares |
CY2024 | lpth |
Sharebased Compensation Arrangement By Sharebased Payment Award Options Nonvested Cancelled Forfeited Weighted Average Grant Date Fair Value
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsNonvestedCancelledForfeitedWeightedAverageGrantDateFairValue
|
1.43 | |
CY2024Q2 | lpth |
Share Based Compensation Arrangement By Share Based Payment Award Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonvestedWeightedAverageGrantDateFairValue
|
1.42 | |
CY2024 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1019023 | usd |
CY2023 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1310957 | usd |
CY2024 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-8007346 | usd |
CY2023 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4046871 | usd |
CY2024 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
37944935 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
31637445 | shares |
CY2024 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
37944935 | shares |
CY2023 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
31637445 | shares |
CY2024 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | |
CY2023 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.13 | |
CY2024 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | |
CY2023 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.13 | |
CY2024 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
1789940 | shares |
CY2023 | us-gaap |
Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
|
2547738 | shares |
CY2024 | lpth |
Description Of Plan
DescriptionOfPlan
|
Under the Insperity Plan, the Company matched 100% of the first 2% of employee contributions. Effective February 24, 2023, all plan assets were transferred to the LightPath Technologies Inc. 401(k) plan (the “LightPath Plan”). The LightPath Plan is a defined 401(k) contribution plan, administered by a third party, that all U.S. employees, over the age of 21, are eligible to participate in after three months of employment. Under the LightPath Plan, the Company matches 100% of the first 2% of employee contributions. As of June 30, 2024, there were 50 employees enrolled in this plan | |
CY2024 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
108000 | usd |
CY2023 | us-gaap |
Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
|
121000 | usd |
CY2024 | lpth |
Description Of Leased Space
DescriptionOfLeasedSpace
|
The first lease (the “Orlando Lease”) was amended effective April 30, 2021 to expand the space from approximately 26,000 square feet to approximately 58,500 square feet. The lease term was extended from April 30, 2022, to that certain date that is one hundred twenty-seven (127) months after the date the landlord completes certain work to be done at the leased premises. The landlord’s work was completed in August 2023, and accordingly the lease expires on March 31, 2034. Minimum rental rates for the extension term were established based on annual increases of approximately three percent (3%). Additionally, there is one five-year extension option exercisable by the Company. The minimum rental rates for such additional extension option | |
CY2024 | lpth |
Operating Lease Expiry Year
OperatingLeaseExpiryYear
|
2034 | |
CY2024 | lpth |
Lease Term
LeaseTerm
|
P12M | |
CY2024 | lpth |
Tenant Improvement Allowances
TenantImprovementAllowances
|
2400000 | usd |
CY2024 | lpth |
Estimated Cost Of Tenant Improvement Allowances
EstimatedCostOfTenantImprovementAllowances
|
3700000 | usd |
CY2024 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
947154 | usd |
CY2023 | us-gaap |
Operating Lease Cost
OperatingLeaseCost
|
875454 | usd |
CY2024 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
95546 | usd |
CY2023 | us-gaap |
Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
|
71326 | usd |
CY2024 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
39972 | usd |
CY2023 | us-gaap |
Finance Lease Interest Expense
FinanceLeaseInterestExpense
|
7590 | usd |
CY2024 | lpth |
Total Finance Lease Cost
TotalFinanceLeaseCost
|
135518 | usd |
CY2023 | lpth |
Total Finance Lease Cost
TotalFinanceLeaseCost
|
78916 | usd |
CY2024 | us-gaap |
Lease Cost
LeaseCost
|
1082672 | usd |
CY2023 | us-gaap |
Lease Cost
LeaseCost
|
954370 | usd |
CY2024Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
6741549 | usd |
CY2023Q2 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
9571604 | usd |
CY2024Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
1063768 | usd |
CY2023Q2 | us-gaap |
Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
|
542105 | usd |
CY2024Q2 | lpth |
Total Lease Assets
TotalLeaseAssets
|
7805317 | usd |
CY2023Q2 | lpth |
Total Lease Assets
TotalLeaseAssets
|
10113709 | usd |
CY2024Q2 | lpth |
Operating Lease Liabilities Current
OperatingLeaseLiabilitiesCurrent
|
1059998 | usd |
CY2023Q2 | lpth |
Operating Lease Liabilities Current
OperatingLeaseLiabilitiesCurrent
|
969890 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
177148 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
|
103646 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
8058502 | usd |
CY2023Q2 | us-gaap |
Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
|
8393248 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
528753 | usd |
CY2023Q2 | us-gaap |
Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
|
341201 | usd |
CY2024Q2 | lpth |
Total Lease Liabilities
TotalLeaseLiabilities
|
9824401 | usd |
CY2023Q2 | lpth |
Total Lease Liabilities
TotalLeaseLiabilities
|
9807985 | usd |
CY2024Q2 | us-gaap |
Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
|
109000 | usd |
CY2023Q2 | us-gaap |
Finance Lease Right Of Use Asset Accumulated Amortization
FinanceLeaseRightOfUseAssetAccumulatedAmortization
|
72000 | usd |
CY2024 | lpth |
Weighted Average Remaining Lease Term In Years Operating Leases
WeightedAverageRemainingLeaseTermInYearsOperatingLeases
|
P9Y4M24D | |
CY2024 | lpth |
Weighted Average Remaining Lease Term In Years Finance Leases
WeightedAverageRemainingLeaseTermInYearsFinanceLeases
|
P4Y | |
CY2024Q2 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.029 | pure |
CY2024Q2 | us-gaap |
Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
|
0.081 | pure |
CY2024 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
932122 | usd |
CY2023 | us-gaap |
Operating Lease Payments Use
OperatingLeasePaymentsUse
|
1020992 | usd |
CY2024 | lpth |
Finance Lease Payments Use
FinanceLeasePaymentsUse
|
39972 | usd |
CY2023 | lpth |
Finance Lease Payments Use
FinanceLeasePaymentsUse
|
7590 | usd |
CY2024 | lpth |
Financing Cash Used For Finance Leases
FinancingCashUsedForFinanceLeases
|
131901 | usd |
CY2023 | lpth |
Financing Cash Used For Finance Leases
FinancingCashUsedForFinanceLeases
|
73003 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
|
228515 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
|
1158942 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
|
206200 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
1130756 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
|
179552 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
1137989 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
|
161011 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
1156405 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
|
57642 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
1186646 | usd |
CY2024Q2 | lpth |
Finance Lease Liability Payments Due After Year Four
FinanceLeaseLiabilityPaymentsDueAfterYearFour
|
0 | usd |
CY2024Q2 | lpth |
Lessee Operating Lease Liability Payments Due After Year Four
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFour
|
5569120 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
|
832920 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
11339858 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
|
127019 | usd |
CY2024Q2 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
2221358 | usd |
CY2024Q2 | us-gaap |
Finance Lease Liability
FinanceLeaseLiability
|
705901 | usd |
CY2024Q2 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
9118500 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
210260 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
149100 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
105414 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
70276 | usd |
CY2024Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
535050 | usd |
CY2024Q2 | us-gaap |
Loans Payable Current
LoansPayableCurrent
|
209170 | usd |
CY2024Q2 | us-gaap |
Long Term Debt Noncurrent
LongTermDebtNoncurrent
|
325880 | usd |
CY2021 | us-gaap |
Payments For Fees
PaymentsForFees
|
718000 | usd |
CY2022 | us-gaap |
Payments For Fees
PaymentsForFees
|
400000 | usd |
CY2023Q4 | lpth |
Related Expenses
RelatedExpenses
|
190000 | usd |
CY2024 | us-gaap |
Loss Contingency Accrual Payments
LossContingencyAccrualPayments
|
485000 | usd |
CY2022Q2 | lpth |
Accrued Liability
AccruedLiability
|
430000 | usd |
CY2024Q2 | lpth |
Cumulative Gain
CumulativeGain
|
510000 | usd |
CY2023Q2 | lpth |
Cumulative Gain
CumulativeGain
|
607000 | usd |
CY2024 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
73000 | usd |
CY2023 | us-gaap |
Foreign Currency Transaction Gain Loss Realized
ForeignCurrencyTransactionGainLossRealized
|
-37000 | usd |
CY2024 | us-gaap |
Revenues
Revenues
|
31726192 | usd |
CY2023 | us-gaap |
Revenues
Revenues
|
32933949 | usd |
CY2024Q2 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
32566628 | usd |
CY2023Q2 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
31776093 | usd |
CY2023 | lpth |
Aggregate Accounts Receivable
AggregateAccountsReceivable
|
0.25 | pure |
CY2024 | lpth |
Aggregate Accounts Receivable
AggregateAccountsReceivable
|
0.16 | pure |
CY2023 | lpth |
Aggregate Annual Revenue
AggregateAnnualRevenue
|
0.24 | pure |
CY2024 | lpth |
Aggregate Annual Revenue
AggregateAnnualRevenue
|
0.25 | pure |