Every material Form 8-K LIGHTPATH TECHNOLOGIES INC has filed with the SEC since July 23, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
LightPath Technologies closed the sale of its wholly owned Chinese subsidiary, LightPath (Zhenjiang) Optical Instrumentation Co., Ltd., effective October 30, 2026, to an entity owned by the subsidiary's incumbent management team. The company says it no longer has any facilities or operations in China, and the former subsidiary will continue to supply products to its U.S. and European commercial customers as a third-party vendor.
Sale closed effective October 30, 2026; LightPath sold 100% of its interest in LPOIZ.
Buyer is an entity owned by LPOIZ's incumbent management team.
China operation's third-party revenue averaged approximately $4.5 million annually across fiscal years 2025 and 2026 and will no longer be consolidated.
LPOIZ will continue to supply LightPath's commercial customers in the U.S. and Europe as a third-party vendor.
LightPath Technologies reported results for its fiscal 2026 fourth quarter and full year ended June 30, 2026. Revenue rose 92.7% for the year to $71.7 million and gross profit rose to $25.8 million, but the full-year net loss widened to $20.5 million, mainly due to a $15.6 million non-cash change in the fair value of acquisition earnout liabilities tied to G5 Infrared. For shareholders, the company ended the year with a backlog of approximately $110.9 million and cash of $93.2 million.
Q4 fiscal 2026 revenue was $21.2 million, up 73.8% from $12.2 million; net loss was $4.1 million, or $0.06 per share, versus $7.1 million, or $0.16 per share, a year earlier.
Full-year fiscal 2026 revenue was $71.7 million, up 92.7%; net loss was $20.5 million, or $0.38 per share, versus $14.9 million, or $0.36 per share.
Backlog was approximately $110.9 million at June 30, 2026, up 197% from $37.4 million a year earlier.
Adjusted EBITDA was $2.1 million in Q4 fiscal 2026, compared with a loss of $2.0 million a year earlier; full-year adjusted EBITDA was $4.2 million.
On July 23, 2026, LightPath agreed to sell 100% of its China subsidiary, LightPath (Zhenjiang) Optical Instrumentation Co., Ltd., to Hengtu Optical Technology Co., Ltd., a company owned by Leo Zheng and certain current management team members. The cash price is $4.5 million, paid over five years, and the company said the China operation generated about $4.5 million a year of third-party revenue in fiscal 2025 and 2026 (preliminary) that will leave consolidated revenue at closing.
Purchase price of $4.5 million, payable in full no later than the fifth anniversary of closing, with at least $500,000 per year plus interest of 4% of each installment's principal.
About $4.5 million of average annual third-party revenue from the China operation (fiscal 2025 and 2026, preliminary) will no longer be consolidated after closing.
The purchaser will supply LightPath products during a five-year Exclusive Supply Term at cost plus 10%, rising 5 points per $1 million of principal paid, to a fixed cost plus 30%.
Closing is expected in the coming weeks, subject to customary closing conditions; the filing does not give profit or EPS effects.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every LIGHTPATH TECHNOLOGIES INC filing is on SEC EDGAR ↗. 8-K briefs of other companies →