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Lightpath Technologies LPTH Increase (Decrease) in Prepaid Expense and Other Assets

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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$855.82M+548%
Enterprise value$811.96M+480%
P/S13.6×+9.7×

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 us-gaap:IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets.

The official record: Lightpath Technologies’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Lightpath Technologies's increase (decrease) in prepaid expense and other assets?
Lightpath Technologies (LPTH) reported increase (decrease) in prepaid expense and other assets of $2.16M in Q1 2026.
How has Lightpath Technologies's increase (decrease) in prepaid expense and other assets changed year-over-year?
Lightpath Technologies's increase (decrease) in prepaid expense and other assets increased by 811.2% year-over-year, from $236.84K to $2.16M.
What is the long-term trend for Lightpath Technologies's increase (decrease) in prepaid expense and other assets?
Over 2 years (2021 to 2024), Lightpath Technologies's increase (decrease) in prepaid expense and other assets has grown at a -1.5% compound annual growth rate (CAGR), from -$137.81K to -$133.81K.
What does increase (decrease) in prepaid expense and other assets mean?
This tracks changes in cash paid in advance for goods or services that will be consumed in future periods. It reflects the timing difference between cash outflows and the recognition of related expenses on the income statement.