Company: LASR
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001124796-25-000154
Chunk: 37

Company: NLIGHT, INC.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 8
Chunk 37
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 comparing the metrics to historical results and previously forecasted financial information. Our CODM does not evaluate operating segments using asset or liability information. The following table summarizes the operating results by reportable segment for the periods presented (dollars in thousands):

17

Three Months Ended September 30, 2025Laser ProductsAdvanced DevelopmentCorporate and OtherTotalsRevenue$47,608 $19,134 $— $66,742 Gross profit$20,137 $1,231 $(615)$20,753 Gross margin42.3 %6.4 %NM*31.1 %Nine Months Ended September 30, 2025Laser ProductsAdvanced DevelopmentCorporate and OtherTotalsRevenue$124,110 $56,035 $— $180,145 Gross profit$48,978 $5,814 $(1,783)$53,009 Gross margin39.5 %10.4 %NM*29.4 %Three Months Ended September 30, 2024Laser ProductsAdvanced DevelopmentCorporate and OtherTotalsRevenue$41,132 $14,997 $— $56,129 Gross profit$12,475 $704 $(629)$12,550 Gross margin30.3 %4.7 %NM*22.4 %Nine Months Ended September 30, 2024Laser ProductsAdvanced DevelopmentCorporate and OtherTotalsRevenue$104,960 $46,207 $— $151,167 Gross profit$30,261 $3,456 $(1,829)$31,888 Gross margin28.8 %7.5 %NM*21.1 %*Not meaningful Corporate and Other consists of general and administrative overhead costs and unallocated expenses related to stock-based compensation and purchased intangible amortization, which are not used in evaluating the results of, or in the allocation of resources to, our reportable segments.  There have been no material changes to the geographic locations of our long-lived assets, net, based on the location of the assets, as disclosed in our Annual Report on Form 10-K for the year ended December 31, 2024.

Note 16 - Net Loss per Share 

Basic and diluted net loss and the number of shares used for basic and diluted net loss calculations were the same for all periods presented because we were in a loss position.The