Note 19 - Subsequent Event |
3 Months Ended |
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Sep. 30, 2026 | |
| Notes to Financial Statements | |
| Subsequent Events [Text Block] |
19. Subsequent Event
Effective on October 30, 2026, we closed the previously announced transaction under which LightPath sold and transferred one hundred percent (100%) of its interest in its wholly owned subsidiary, LPOIZ, to Hengtu Optical Technology Co., Ltd. (“Hengtu”). Hengtu is owned by members of LPOIZ’s incumbent management team. As a condition to the sale, LPOIZ agreed to continue to supply products to LightPath as a third-party vendor.
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