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Lightpath Technologies LPTH CN — Net Deferred Tax Liability

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Other financials

Income statement

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Revenue$19.1M+109%
Gross profit$4.5M+57.6%
Operating income-$2.5M-82.0%
Net income-$4.1M-14.6%
EPS (diluted)-$0.07-75.0%

Balance sheet

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Cash & equivalents$55.2M+753%
Total debt$11.4M-20.7%
Total equity$89.1M+467%
Total assets$144.3M+77.2%

Cash flow

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Operating cash flow-$6.8M-110%
CapEx$899.5K+114%
Free cash flow-$7.7M-110%

Valuation

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Market cap$820.03M+424%
Enterprise value$776.17M+379%
P/S13.1×+8.9×

Profitability

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Gross margin26.8%-1.7pp
Operating margin-29.5%+6.9pp
Net margin-37.4%+11.5pp
FCF margin-16.4%-2.1pp

Returns & leverage

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Return on equity-44.8%+2.1pp
Debt / equity0.1×-0.8×
Current ratio3.9×+1.6×

Where this comes from

Reported directly by Lightpath Technologies in its filing.

Tagged under the XBRL concept lpth:NetDeferredTaxLiability.

The source filing: Lightpath Technologies’s 10-K, filed September 26, 2025.

Filed
Sep 26, 2025
Fiscal year
FY2025
Accession
0001654954-25-011130

The Company’s Chinese subsidiary, LPOIZ, is governed by the Income Tax Law of the People’s Republic of China concerning the privately run and foreign invested enterprises, which are generally subject to tax at a statutory rate of 25% on income reported in the statutory financial statements after appropriate tax adjustments. For both the years ended June 30, 2025 and 2024, the tax rate for LPOIZ was 15%, in accordance with an incentive program for technology companies. The net deferred tax liability for LPOIZ is approximately $0.2 million and $0.4 million as of June 30, 2025 and 2024, respectively, primarily related to timing differences related to accelerated depreciation on fixed assets.

Item 16. Form 10-K Summary.

FAQ

What is Lightpath Technologies's CN — net deferred tax liability?
Lightpath Technologies (LPTH) reported CN — net deferred tax liability of $200K in Q2 2025.
What does CN — net deferred tax liability mean?
This metric represents the net balance of deferred tax liabilities arising from temporary differences between the carrying amounts of assets and liabilities in the China segment for financial reporting and tax purposes. It indicates future tax obligations that the company expects to settle as these temporary differences reverse. This is a key indicator of potential future cash outflows related to tax in the Chinese jurisdiction.

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