XML 17 R25.htm IDEA: XBRL DOCUMENT v2.4.0.6

Compensatory Equity Incentive Plan and Other Equity Incentives (Tables)

6 Months Ended

Dec. 31, 2012

Compensatory Equity Incentive Plan And Other Equity Incentives Tables

Schedule of Share Based Compensation Award Plans

						Award Shares				Available for
		Award Shares				Outstanding				Issuance
		Authorized				at December 31,				at December 31,
Equity Compensation Arrangement						2012				2012
Amended and Restated Omnibus Incentive Plan			1,715,625				1,208,939				61,293
Employee Stock Purchase Plan			200,000				-				114,763
			1,915,625				1,208,939				176,056

Schedule of Fair Value Assumptions

	Six months ended	Six months ended
	December 31, 2012	December 31, 2011
Expected volatility	110%	121%
Weighted average expected volatility	110%	121%
Dividend yields	0%	0%
Risk-free interest rate	0.67%	1.59%
Expected term, in years	6.25	3-7

Schedule of Share Based Compensation Activity

														Restricted
		Stock Options												Stock Units (RSUs)
						Weighted				Weighted								Weighted
						Average				Average								Average
						Exercise				Remaining								Remaining
						Price				Contract								Contract
		Shares				(per share)				Life (YRS)				Shares				Life (YRS)
June 30, 2012			576,393			$	2.61				6.4				594,700				1.0
Granted			77,500				0.98				9.8				-				-
Exercised			-				-				-				-				-
Cancelled			(39,654	)			2.68				6.6				-				-
December 31, 2012			614,239			$	2.40				6.4				594,700				0.8
			-
Awards exercisable/
vested as of
December 31, 2012			397,614			$	2.75				5.2				438,030				-
Awards unexercisable/
unvested as of
December 31, 2012			216,625			$	1.76				8.7				156,670				0.8
			614,239												594,700

The weighted average fair value of shares awarded for the six months ended December 31, 2012 was:

		Stock
		Options				RSU				All Awards
Weighted average fair value
of share awards granted for the six months ended
December 31, 2012		$	0.82			$	-			$	0.82

 

Schedule of Share Based Compensation Future Cost to be Recognized

						Restricted
		Stock				Stock
		Options				Units				Total
Remainder of the year ended June 30, 2013		$	30,498			$	73,826			$	104,324
Year ended June 30, 2014			55,183				94,570				149,753
Year ended June 30, 2015			24,904				18,853				43,757
Year ended June 30, 2016			10,560				-				10,560
Year ended June 30, 2017			1,929				-				1,929
		$	123,074			$	187,249			$	310,323

Schedule of Share Based Compensation Weighted-Average Grant Date Fair Value

Unexercisable/unvested awards		Stock Options Shares				RSU Shares				Total Shares			Weighted-Average Grant Date Fair Values (per share)
June 30, 2012			198,125				235,000				433,125			$	2.42
Granted			77,500				-				77,500				0.82
Vested			(37,375	)			(78,330	)			(115,705	)			1.79
Cancelled/Forfeited			(21,625	)			-				(21,625	)			1.70
December 31, 2012			216,625				156,670				373,295			$	1.69

Schedule of Financial Statement Effect Related to Share Based Compensation

		(unaudited)				(unaudited)
		Six months ended				Six months ended
		December 31,				December 31,
		2012				2011
Stock options			33,692				46,570
RSU			94,594				91,406
Total			128,286				137,976
The amounts above were included in:
General & administrative			122,292				128,105
Cost of sales			1,580				4,536
New product development			4,414				5,335
			128,286				137,976

X

- Details

Name:	LPTH_CompensatoryEquityIncentivePlanAndOtherEquityIncentivesTablesAbstract
Namespace Prefix:	LPTH_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure providing information about the various employee incentive share based programs the company has.

+ References

No definition available.

+ Details

Name:	LPTH_ScheduleOfShareBasedCompensationAwardPlansTableTextBlock
Namespace Prefix:	LPTH_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the amount of total share-based compensation cost, including the amounts attributable to each share-based compensation plan and any related tax benefits.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfCompensationCostForShareBasedPaymentArrangementsAllocationOfShareBasedCompensationCostsByPlanTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the allocation of equity-based compensation costs to a given line item on the balance sheet and income statement for the period. This may include the reporting line for the costs and the amount capitalized and expensed.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph A240

-Subparagraph g(1)

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

-Section F



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901



Reference 5: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 123R

-Paragraph 64

-Subparagraph b

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.



Reference 6: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 14.F)

-URI http://asc.fasb.org/extlink&oid=6793087&loc=d3e301413-122809

+ Details

Name:	us-gaap_ScheduleOfEmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of share-based compensation plans that may be presented in a single table for outstanding, vested and expected to vest, and exercisable awards. The information that may be disclosed in this table may include, but is not limited to, number of shares, weighted average exercise price, weighted average remaining contractual life, and aggregate intrinsic value.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (f)(2)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (d)(1)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration