Lightpath technologies inc (LPTH)
Balance Sheet / Quarterly
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11
Assets
Current assets:
Cash and cash equivalents

4,381

4,277

4,665

4,604

4,641

3,641

4,532

5,508

6,388

7,734

8,058

8,085

6,831

5,681

3,583

2,908

2,862

2,503

2,350

1,643

1,060

795

786

1,197

1,624

1,955

2,879

1,565

1,403

1,777

2,161

2,354

490

595

693

928

Restricted cash

-

-

-

-

0

1,000

1,000

1,000

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Trade accounts receivable, net of allowance of $15,189 and $29,406

6,309

7,401

5,527

6,210

5,899

6,218

5,240

5,370

5,672

5,704

5,196

5,890

5,740

5,594

3,313

3,545

3,028

2,854

2,894

3,048

2,431

2,411

2,043

2,472

2,453

2,333

1,997

2,126

2,234

2,409

2,082

2,133

2,396

1,833

2,069

1,833

Inventories, net

8,237

7,542

8,016

7,684

7,586

6,737

6,361

6,404

6,409

5,814

5,391

5,074

5,083

5,004

3,984

3,836

3,673

3,356

3,284

3,181

3,416

3,310

3,514

3,322

2,947

2,806

2,091

1,770

1,828

1,729

1,601

1,513

1,563

1,792

1,818

1,622

Other receivables

0

0

0

353

3

69

30

46

59

58

52

29

77

528

120

209

207

167

155

253

234

199

195

199

133

253

253

353

323

287

246

41

20

0

0

30

Prepaid interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

50

72

7

29

50

72

7

Current debt costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2

-

-

-

-

-

-

Prepaid expenses and other assets

875

415

562

754

934

861

1,162

1,058

1,043

629

665

641

615

353

576

652

481

376

211

244

325

324

384

298

395

389

356

262

341

229

297

201

209

340

233

189

Total current assets

19,803

19,637

18,772

19,608

19,065

18,527

18,327

19,389

19,572

19,941

19,364

19,720

18,347

17,162

11,578

11,152

10,254

9,257

8,896

8,372

7,468

7,040

6,923

7,491

7,554

7,738

7,577

6,078

6,131

6,485

6,460

6,250

4,709

4,612

4,888

4,612

Property and equipment, net

11,119

11,640

11,379

11,731

12,520

12,227

11,763

11,809

12,322

11,833

11,411

10,324

9,763

9,510

4,516

4,370

4,284

4,340

4,292

4,275

3,825

3,308

3,347

3,173

2,662

2,356

2,257

2,235

2,013

2,016

1,890

1,920

2,120

2,360

2,483

2,373

Operating lease right-of-use assets

1,348

1,488

1,607

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

6,989

7,270

7,553

7,837

8,120

8,404

8,728

9,057

9,387

9,716

10,045

10,375

10,930

10,759

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Goodwill

5,854

5,854

5,854

5,854

5,854

5,854

5,854

5,854

5,854

5,854

5,854

5,854

513

1,227

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred tax assets, net

652

652

652

652

1,030

1,030

922

624

285

285

285

285

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Intangible assets, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

13

18

27

35

43

51

60

68

76

84

92

101

Debt costs, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

3

3

4

5

6

7

Other assets

290

290

290

289

319

357

383

381

137

137

112

112

158

152

106

66

66

66

66

66

66

27

27

27

27

27

27

27

27

27

27

27

27

27

27

27

Total assets

46,057

46,833

46,110

45,973

46,910

46,401

45,979

47,117

47,558

47,768

47,074

46,672

39,713

38,811

16,202

15,589

14,606

13,665

13,256

12,714

11,360

10,376

10,299

10,692

10,258

10,141

9,889

8,377

8,216

8,581

8,442

8,271

6,939

7,090

7,498

7,121

Liabilities and Stockholders' Equity
Current liabilities:
Accounts payable

1,906

2,699

2,662

2,227

2,424

2,042

1,874

2,032

2,039

1,919

2,301

1,536

1,597

1,709

1,438

1,361

908

1,080

1,312

1,551

1,462

1,901

1,888

1,809

1,401

1,337

1,236

1,065

1,048

1,339

1,170

1,129

1,302

1,315

1,332

928

Accrued liabilities

1,154

1,261

1,259

1,338

789

501

628

685

514

328

714

966

1,215

924

489

328

321

79

86

84

91

114

41

124

110

56

64

110

167

77

110

183

117

74

136

123

Accrued payroll and benefits

1,363

1,467

1,384

1,730

1,194

1,306

1,081

1,228

1,113

1,467

1,723

1,896

1,419

1,476

1,470

1,356

1,264

939

1,099

842

580

580

612

477

484

505

557

440

496

469

486

386

468

460

497

481

Operating lease liabilities, current

757

749

730

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred rent, current portion

0

0

0

72

-

-

-

86

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

198

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Deferred revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

3

-

-

0

0

1

1

1

1

0

37

282

-

-

0

Loans payable, current portion

581

581

581

581

581

1,458

1,458

1,458

1,458

1,111

1,111

1,111

833

555

-

-

-

0

0

51

0

473

54

54

-

-

-

-

-

-

-

-

-

-

-

-

Finance lease obligation, current portion

377

378

384

404

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8% convertible debentures to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,012

1,012

-

-

-

-

-

8% convertible debentures, net of debt discount

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

75

75

-

-

-

-

-

Capital lease obligation, current portion

-

-

-

-

401

390

279

307

219

320

238

239

239

240

166

166

166

166

166

166

167

4

4

6

6

6

6

3

3

3

3

3

-

-

-

0

Total current liabilities

6,140

7,137

7,002

6,355

5,392

5,699

5,323

5,798

5,345

5,146

6,090

5,750

5,305

5,105

3,564

3,212

2,661

2,265

2,663

2,696

2,302

3,078

2,602

2,472

2,003

1,905

1,866

1,622

1,718

2,980

2,859

1,741

2,169

1,850

1,966

1,533

Finance lease obligation, less current portion

351

456

556

640

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Operating lease liabilities, noncurrent

1,073

1,265

1,443

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Capital lease obligation, less current portion

-

-

-

-

673

710

478

550

271

248

89

142

193

244

143

178

213

247

280

310

352

4

5

6

7

9

10

3

4

5

6

6

-

-

-

0

Deferred rent, noncurrent

0

0

0

518

633

349

354

290

400

420

438

458

481

493

515

548

555

585

547

512

57

34

20

76

97

140

180

220

258

297

333

345

371

404

435

464

Deferred tax liabilities

-

-

-

-

-

-

-

-

0

200

197

182

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Warrant liability

-

-

-

-

-

-

-

-

0

0

407

490

665

342

621

717

690

1,882

827

1,195

356

250

785

731

1,009

878

843

1,102

599

821

991

1,087

-

-

-

0

Loans payable, less current portion

4,578

4,718

4,859

5,000

5,140

4,401

4,760

5,119

5,479

9,449

9,681

9,926

10,166

10,827

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loan payable, less current portion

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

100

109

-

-

-

-

-

-

-

-

-

-

-

-

8% convertible debentures to related parties

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

1,012

1,012

1,012

1,012

1,012

1,012

1,012

8% convertible debentures

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

75

75

75

75

75

Total liabilities

12,143

13,577

13,861

12,514

11,840

11,162

10,916

11,759

11,497

15,465

16,904

16,951

16,812

17,013

4,845

4,657

4,120

4,980

4,319

4,714

3,068

3,367

3,514

3,397

3,118

2,934

2,902

2,947

2,580

4,104

4,190

4,268

3,628

3,342

3,489

3,085

Commitments and Contingencies

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

Stockholders' equity:
Preferred stock: Series D, $.01 par value, voting; 500,000 shares authorized; none issued and outstanding

0

0

0

0

0

0

0

0

0

0

0

0

0

-

-

0

0

0

-

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

0

Common stock: Class A, $.01 par value, voting; 44,500,000 shares authorized; 25,862,529 and 25,813,895 shares issued and outstanding

258

258

258

258

258

257

257

257

257

247

242

242

241

237

156

155

155

152

152

152

152

143

142

142

142

142

137

129

129

118

118

117

97

97

97

97

Additional paid-in capital

230,613

230,527

230,431

230,321

230,226

230,097

229,989

229,874

229,749

227,304

225,668

225,492

225,092

224,133

214,913

214,661

214,575

213,579

213,304

213,222

213,149

211,963

211,880

211,812

211,748

211,677

211,265

209,645

209,571

208,641

208,560

208,410

207,939

207,868

207,795

207,636

Accumulated other comprehensive income

760

1,005

862

808

752

699

646

473

496

418

349

295

239

201

157

126

97

71

62

50

49

50

51

51

61

66

62

52

88

88

85

88

81

71

-

50

Foreign currency translation adjustment

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

62

-

Accumulated deficit

-197,718

-198,534

-199,304

-197,928

-196,167

-195,815

-195,831

-195,248

-194,441

-195,667

-196,090

-196,308

-202,672

-202,773

-203,871

-204,011

-204,343

-205,118

-204,583

-205,426

-205,059

-205,148

-205,290

-204,711

-204,813

-204,680

-204,478

-204,397

-204,154

-204,371

-204,511

-204,613

-204,808

-204,290

-203,946

-203,748

Total stockholders' equity

33,914

33,255

32,248

33,459

35,069

35,239

35,062

35,357

36,061

32,302

30,169

29,721

22,900

21,798

11,356

10,931

10,485

8,684

8,936

7,999

8,292

7,008

6,784

7,295

7,140

7,207

6,987

5,429

5,635

4,477

4,252

4,002

3,310

3,748

4,008

4,035

Total liabilities and stockholders' equity

46,057

46,833

46,110

45,973

46,910

46,401

45,979

47,117

47,558

47,768

47,074

46,672

39,713

38,811

16,202

15,589

14,606

13,665

13,256

12,714

11,360

10,376

10,299

10,692

10,258

10,141

9,889

8,377

8,216

8,581

8,442

8,271

6,939

7,090

7,498

7,121