Company: LASR
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001124796-25-000021
Chunk: 44

Company: NLIGHT, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 44
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ulative translation adjustment, net of tax— — — (249)— (249)Balance, December 31, 202347,266 16 521,184 (2,477)(264,304)254,419 Net loss— — — — (60,792)(60,792)Issuance of common stock pursuant to exercise of stock options539 — 500 — — 500 Issuance of common stock pursuant to vesting of restricted stock awards and units, net of stock withheld for tax840 — (4,524)— — (4,524)Issuance of common stock under the Employee Stock Purchase Plan303 — 2,721 — — 2,721 Stock-based compensation— — 24,961 — — 24,961 Unrealized losses on available-for-sale securities— — — (181)— (181)Cumulative translation adjustment, net of tax— — — (674)— (674)Balance, December 31, 202448,948 $16 $544,842 $(3,332)$(325,096)$216,430 

See accompanying notes to consolidated financial statements.

41

Table of Contents

nLIGHT, Inc.

Consolidated Statements of Cash Flows

(In thousands) Year Ended December 31,202420232022Cash flows from operating activities:Net loss$(60,792)$(41,670)$(54,579)Adjustments to reconcile net loss to net cash (used in) provided by operating activities:Depreciation12,988 12,401 11,085 Amortization4,608 3,629 4,614 Reduction in carrying amount of right-of-use assets1,759 1,269 3,000 Provision for losses on accounts receivable1,489 27 4 Stock-based compensation24,961 25,832 26,757 Deferred income taxes(651)7 4 Loss on disposal of property, plant and equipment194 542 51 Non-cash restructuring charges1,185 — 2,758 Changes in operating assets and liabilities:Accounts receivable, net2,845 (1,677)2,757 Inventory11,048 14,890 4,623 Prepaid expenses and other current assets(1,