nLIGHT, Inc. (LASR) financial statements (2022 and earlier)

Company profile

Business Address 4637 NW 18TH AVENUE
CAMAS, WA 98607
State of Incorp. DE
Fiscal Year End December 31
SIC 3674 - Semiconductors and Related Devices (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments146,534165,584175,364185,638102,282110,152120,899
Cash and cash equivalents146,534165,584175,364185,638102,282110,152120,899
Receivables41,57436,49036,82931,65832,12823,45223,891
Inventory, net of allowances, customer advances and progress billings73,74670,68363,29658,80454,70653,43250,611
Inventory73,74670,68363,29658,80454,70653,43250,611
Prepaid expense5,590   5,709  
Contract with customer, asset9,657   5,680  
Other current assets103   70  
Other undisclosed current assets 17,26711,5689,548 12,9969,883
Total current assets:277,204290,024287,057285,648200,575200,032205,284
Noncurrent Assets
Operating lease, right-of-use asset17,04817,18717,88718,15312,30211,42811,080
Property, plant and equipment56,10152,30349,37846,12744,48042,36541,349
Intangible assets, net (including goodwill)19,11818,01718,97619,85620,82921,59118,821
Goodwill12,42012,43712,45712,44712,48412,5039,972
Intangible assets, net (excluding goodwill)6,6985,5806,5197,4098,3459,0888,849
Other noncurrent assets3,8974,1905,0265,0385,1674,6814,840
Other undisclosed noncurrent assets250250250250291291 
Total noncurrent assets:96,41491,94791,51789,42483,06980,35676,090
TOTAL ASSETS:373,618381,971378,574375,072283,644280,388281,374
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities41,07747,61041,24137,56636,37839,06632,522
Accounts payable26,34731,86825,67723,64421,05724,40320,343
Accrued liabilities14,73015,74215,56413,92215,32114,66312,179
Deferred revenue1,6291,6072,6662,5892,5282,1242,191
Debt    1841425
Other undisclosed current liabilities3,0662,8582,9212,7512,2732,3472,480
Total current liabilities:45,77252,07546,82842,90641,36343,67937,198
Noncurrent Liabilities
Long-term debt and lease obligation14,61214,92115,53515,87510,5909,60223,896
Long-term debt, excluding current maturities  302921520515,000
Operating lease, liability14,61214,92115,50515,84610,3759,3978,896
Liabilities, other than long-term debt11,10110,97711,56512,23611,77711,0158,955
Accounts payable and accrued liabilities7,1496,9886,8827,7307,5567,2196,656
Other liabilities3,9523,9894,6834,5064,2213,7962,299
Total noncurrent liabilities:25,71325,89827,10028,11122,36720,61732,851
Total liabilities:71,48577,97373,92871,01763,73064,29670,049
Stockholders' equity
Stockholders' equity attributable to parent302,133303,998304,646304,055219,914216,092211,325
Common stock15151515151515
Additional paid in capital470,760464,090457,480449,496358,544351,703345,917
Accumulated other comprehensive loss(587)(802)(424)(921)(259)(1,757)(2,848)
Accumulated deficit(168,055)(159,305)(152,425)(144,535)(138,386)(133,869)(131,759)
Total stockholders' equity:302,133303,998304,646304,055219,914216,092211,325
TOTAL LIABILITIES AND EQUITY:373,618381,971378,574375,072283,644280,388281,374

Income statement (P&L) ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Revenues67,45372,23569,11361,34565,70461,73252,138
Cost of revenue(49,511)(50,840)(48,788)(43,700)(46,057)(44,572)(39,082)
Gross profit:17,94221,39520,32517,64519,64717,16013,056
Operating expenses(26,607)(28,154)(29,339)(23,424)(23,933)(21,136)(19,105)
Operating loss:(8,665)(6,759)(9,014)(5,779)(4,286)(3,976)(6,049)
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
9010211826315477(298)
Loss from continuing operations before equity method investments, income taxes:(8,575)(6,657)(8,896)(5,753)(3,971)(3,499)(6,347)
Other undisclosed loss from continuing operations before income taxes(37)(20)(32)(74)(44)(96)(65)
Loss from continuing operations before income taxes:(8,612)(6,677)(8,928)(5,827)(4,015)(3,595)(6,412)
Income tax expense (benefit)(138)(203)1,038(322)(502)1,485(418)
Net loss available to common stockholders, diluted:(8,750)(6,880)(7,890)(6,149)(4,517)(2,110)(6,830)

Comprehensive Income ($ in thousands)

12/31/2021
Q4
9/30/2021
Q3
6/30/2021
Q2
3/31/2021
Q1
12/31/2020
Q4
9/30/2020
Q3
6/30/2020
Q2
Net loss:(8,750)(6,880)(7,890)(6,149)(4,517)(2,110)(6,830)
Comprehensive loss:(8,750)(6,880)(7,890)(6,149)(4,517)(2,110)(6,830)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent215(378)497(662)1,4981,091333
Comprehensive loss, net of tax, attributable to parent:(8,535)(7,258)(7,393)(6,811)(3,019)(1,019)(6,497)

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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