Company: LASR
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001124796-25-000021
Chunk: 42

Company: NLIGHT, INC.
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 42
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332)(2,477)     Accumulated deficit(325,096)(264,304)          Total stockholders’ equity216,430 254,419           Total liabilities and stockholders’ equity$270,241 $306,803 

See accompanying notes to consolidated financial statements.

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Table of  Contents

nLIGHT, Inc.

Consolidated Statements of Operations

(In thousands, except per share data)

Year Ended December 31,202420232022Revenue:Products$136,659 $156,666 $192,658 Development61,889 53,255 49,400 Total revenue198,548 209,921 242,058 Cost of revenue:Products108,003 114,181 145,272 Development57,526 49,627 45,965 Total cost of revenue165,529 163,808 191,237 Gross profit33,019 46,113 50,821 Operating expenses:Research and development45,107 46,163 53,773 Sales, general, and administrative49,257 45,899 48,258 Restructuring4,291 817 3,892 Total operating expenses98,655 92,879 105,923 Loss from operations(65,636)(46,766)(55,102)Other income:Interest income, net1,668 1,342 529 Other income, net3,100 2,776 338 Loss before income taxes(60,868)(42,648)(54,235)Income tax (benefit) expense (76)(978)344 Net loss$(60,792)$(41,670)$(54,579)Net loss per share, basic and diluted$(1.27)$(0.90)$(1.23)Shares used in per share calculations, basic and diluted47,900 46,078 44,436 

See accompanying notes to consolidated financial statements.

39

Table of  Contents

nLIGHT, Inc.

Consolidated Statements of Comprehensive Loss

(In thousands)

Year Ended December 31,202420232022Net loss$(60,792)$(41,670)$(54,579)Other comprehensive loss, net of tax:Foreign currency translation adjustments(674)(249)(2,555)Unrealized (losses) gains on available-for-sale securities(181)520 394