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
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments146,534102,282117,252149,478
Cash and cash equivalents146,534102,282117,252149,478
Receivables41,57432,12827,59428,017
Inventory, net of allowances, customer advances and progress billings73,74654,70646,13135,329
Inventory73,74654,70646,13135,329
Prepaid expense5,5905,7094,9425,694
Contract with customer, asset9,6575,6802,443 
Other current assets10370231103
Total current assets:277,204200,575198,593218,621
Noncurrent Assets
Operating lease, right-of-use asset17,04812,302 
Property, plant and equipment56,10144,48027,74721,462
Intangible assets, net (including goodwill)19,11820,82919,8784,073
Goodwill12,42012,4849,8721,387
Intangible assets, net (excluding goodwill)6,6988,34510,0062,686
Other noncurrent assets3,8975,1673,7485,974
Other undisclosed noncurrent assets250291  
Total noncurrent assets:96,41483,06951,37331,509
TOTAL ASSETS:373,618283,644249,966250,130
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities41,07736,37824,30522,776
Accounts payable26,34721,05712,70012,068
Accrued liabilities14,73015,32111,60510,708
Deferred revenue1,6292,528679
Debt 1845191
Other undisclosed current liabilities3,0662,273 720
Total current liabilities:45,77241,36325,03523,587
Noncurrent Liabilities
Long-term debt and lease obligation14,61210,590 18
Long-term debt, excluding current maturities 215 18
Operating lease, liability14,61210,375 
Liabilities, other than long-term debt11,10111,7778,3238,742
Accounts payable and accrued liabilities7,1497,5566,4296,472
Other liabilities3,9524,2211,8942,270
Total noncurrent liabilities:25,71322,3678,3238,760
Total liabilities:71,48563,73033,35832,347
Stockholders' equity
Stockholders' equity attributable to parent302,133219,914216,608217,783
Common stock15151515
Additional paid in capital470,760358,544336,732324,656
Accumulated other comprehensive loss(587)(259)(2,685)(2,157)
Accumulated deficit(168,055)(138,386)(117,454)(104,731)
Total stockholders' equity:302,133219,914216,608217,783
TOTAL LIABILITIES AND EQUITY:373,618283,644249,966250,130

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

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues270,146222,789176,619191,359
Cost of revenue(192,839)(163,425)(124,280)(124,398)
Gross profit:77,30759,36452,33966,961
Operating expenses(107,524)(80,412)(62,248)(49,898)
Operating income (loss):(30,217)(21,048)(9,909)17,063
Nonoperating income (expense)
(Other Nonoperating Income (Expense))
336378535(253)
Interest and debt expense   (12)
Income (loss) from continuing operations before equity method investments, income taxes:(29,881)(20,670)(9,374)16,798
Other undisclosed income (loss) from continuing operations before income taxes(163)782,609740
Income (loss) from continuing operations before income taxes:(30,044)(20,592)(6,765)17,538
Income tax expense (benefit)375(340)(6,119)(3,600)
Net income (loss) attributable to parent:(29,669)(20,932)(12,884)13,938
Undistributed earnings (loss) allocated to participating securities, basic   (4,415)
Net income (loss) available to common stockholders, diluted:(29,669)(20,932)(12,884)9,523

Comprehensive Income ($ in thousands)

12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(29,669)(20,932)(12,884)13,938
Comprehensive income (loss):(29,669)(20,932)(12,884)13,938
Other undisclosed comprehensive income (loss), net of tax, attributable to parent(328)2,426(528)(1,438)
Comprehensive income (loss), net of tax, attributable to parent:(29,997)(18,506)(13,412)12,500

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: