nLIGHT Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	81.11	65.83	53.21	57.83	146.53	102.28
Short-Term Investments	34.68	34.87	59.67	50.39	-	-
Cash & Short-Term Investments	115.79	100.7	112.88	108.22	146.53	102.28
Cash Growth	8.52%	-10.79%	4.31%	-26.15%	43.27%	-12.77%
Accounts Receivable	59.07	49.41	46.88	48.29	51.23	37.5
Receivables	59.07	49.41	46.88	48.29	51.23	37.5
Inventory	51.46	40.8	52.16	67.6	73.75	54.71
Prepaid Expenses	2.07	3.19	8.63	6.65	3.48	3.44
Other Current Assets	-	-	-	-	2.21	2.65
Total Current Assets	228.39	194.09	220.55	230.76	277.2	200.58
Property, Plant & Equipment	54.38	57.76	64.92	74.59	73.15	56.78
Goodwill	12.45	12.35	12.4	12.38	12.42	12.48
Other Intangible Assets	0.44	0.83	1.65	4.04	6.7	8.35
Long-Term Deferred Tax Assets	-	0.71	0.09	0.04	0.05	0.07
Other Long-Term Assets	3.04	4.5	7.19	7.43	4.1	5.39
Total Assets	298.69	270.24	306.8	329.23	373.62	283.64
Accounts Payable	16.9	15.08	12.17	17.51	26.35	21.06
Accrued Expenses	15.88	10.81	9.22	10.22	12.44	13.2
Current Portion of Leases	2.31	2.31	3.18	2.76	3.07	2.46
Current Unearned Revenue	2.35	3.58	4.85	1.41	1.63	2.53
Other Current Liabilities	3.1	2.45	3.34	2.6	2.29	2.12
Total Current Liabilities	40.54	34.24	32.75	34.49	45.77	41.36
Long-Term Debt	20	-	-	-	-	0.22
Long-Term Leases	9	9.82	10.98	12.85	14.61	10.38
Long-Term Unearned Revenue	3.38	3.27	1.52	1.05	0.73	0.46
Other Long-Term Liabilities	7.29	6.49	7.14	10	10.37	11.32
Total Liabilities	80.2	53.81	52.38	58.39	71.49	63.73
Common Stock	0.02	0.02	0.02	0.02	0.02	0.02
Additional Paid-In Capital	565.15	544.84	521.18	496.21	470.76	358.54
Retained Earnings	-343.65	-325.1	-264.3	-222.63	-168.06	-138.39
Comprehensive Income & Other	-3.02	-3.33	-2.48	-2.75	-0.59	-0.26
Total Common Equity	218.49	216.43	254.42	270.85	302.13	219.91
Shareholders' Equity	218.49	216.43	254.42	270.85	302.13	219.91
Total Liabilities & Equity	298.69	270.24	306.8	329.23	373.62	283.64
Total Debt	31.31	12.13	14.16	15.61	17.68	13.05
Net Cash (Debt)	84.48	88.56	98.72	92.61	128.86	89.24
Net Cash Growth	-10.19%	-10.29%	6.60%	-28.13%	44.40%	-23.86%
Net Cash Per Share	1.71	1.85	2.14	2.08	3.06	2.33
Filing Date Shares Outstanding	50.79	49.03	47.29	45.7	44.34	40.13
Total Common Shares Outstanding	50.78	48.95	47.27	45.63	44.25	39.79
Working Capital	187.86	159.85	187.8	196.26	231.43	159.21
Book Value Per Share	4.30	4.42	5.38	5.94	6.83	5.53
Tangible Book Value	205.61	203.24	240.37	254.43	283.02	199.09
Tangible Book Value Per Share	4.05	4.15	5.09	5.58	6.40	5.00
Land	3.4	3.4	3.4	3.4	3.4	3.4
Buildings	9.39	9.39	9.39	9.39	9.39	9.08
Machinery	109.54	107.38	102.94	100.46	90.2	76.33
Leasehold Improvements	34.1	33.1	31.99	30.68	28.13	21.93
Order Backlog	-	167	108.4	-	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q