XML 27 R33.htm IDEA: XBRL DOCUMENT v3.19.2

Compensatory Equity Incentive Plan and Other Equity Incentives (Tables)

12 Months Ended

Jun. 30, 2019

Share-based Payment Arrangement [Abstract]

Schedule of share based compensation award plans

Equity Compensation Arrangement		Award Shares Authorized				Outstanding at June 30, 2019				Available for Issuance at June 30, 2019
SICP (or Omnibus Plan)			5,115,625				2,844,451				1,416,691
2014 ESPP			400,000				—				337,137
			5,515,625				2,844,451				1,753,828

Schedule of stock options fair value assumptions

	Year Ended June 30,
	2019	2018
Weighted-average expected volatility	69.5%	63% - 75%
Dividend yields	0%	0%
Weighted-average risk-free interest rate	3.00%	1.28% - 2.82%
Weighted-average expected term, in years	7.50	7.27

Schedule of share-based payment awards activity

														Restricted
		Stock Options												Stock Units (RSUs)
						Weighted-				Weighted-								Weighted-
						Average				Average								Average
						Exercise				Remaining								Remaining
		Shares				Price				Contract				Shares				Contract
June 30, 2017			1,096,186			$	1.68				6.3				1,508,782				0.9
Granted			68,849			$	3.88				9.4				140,571				2.2
Exercised			(127,813	)		$	1.80				—				—				—
Cancelled/Forfeited			(32,093	)		$	2.62				—				—				—
June 30, 2018			1,005,129			$	1.77				6.3				1,649,353				0.9
Granted			13,058			$	2.10				9.4				229,509				2.4
Exercised			(17,610	)		$	1.08				—				(14,336	)			—
Cancelled/Forfeited			(20,652	)		$	1.17				—				—				—
June 30, 2019			979,925			$	1.80				5.5				1,864,526				0.9
Awards exercisable/
vested as of
June 30, 2019			869,230			$	1.70				5.2				1,464,382				—
Awards unexercisable/
unvested as of
June 30, 2019			110,695			$	2.56				7.7				400,144				0.9
			979,925												1,864,526

Schedule of share-based compensation future cost to be recognized

		Stock
		Options				RSUs				Total
Year ending June 30, 2020		$	8,926			$	289,944			$	298,870
Year ending June 30, 2021			5,939				169,978				175,917
Year ending June 30, 2022			2,021				46,654				48,675
		$	16,886			$	506,576			$	523,462

Summary of the number and weighted average grant date fair values regarding our unexercisable/unvested awards

Unexercisable/Unvested Awards		Stock Options Shares				RSU Shares				Total Shares				Weighted-Average Grant Date Fair Values (per share)
June 30, 2017			244,511				438,912				683,423			$	1.39
Granted			68,849				140,571				209,420			$	3.61
Vested			(85,191	)			(217,500	)			(302,691	)		$	3.78
Cancelled/Forfeited			(9,750	)			-				(9,750	)		$	2.36
June 30, 2018			218,419				361,983				580,402			$	1.53
Granted			13,058				229,509				242,567			$	1.80
Vested			(118,282	)			(191,348	)			(309,630	)		$	1.79
Cancelled/Forfeited			(2,500	)			-				(2,500	)		$	0.97
June 30, 2019			110,695				400,144				510,839			$	2.09

Schedule of total stock-based compensation expense included in the consolidated statements of comprehensive income

		Year Ended June 30,
		2019				2018
Stock options		$	36,461			$	38,572
RSUs			358,329				334,982
Total		$	394,790			$	373,554
The amounts above were included in:
Selling, general & administrative		$	393,352			$	366,407
Cost of sales			1,620				5,910
New product development			(182	)			1,237
		$	394,790			$	373,554

X

- Definition

Tabular disclosure of the number of unvested share options and restricted stock units and shares expected to vest at the date of the latest statement of financial position, weighted-average exercise price (or conversion ratio), aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term for both options and restricted stock units currently outstanding and options and restricted stock units exercisable (or convertible).

+ References

No definition available.

+ Details

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

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

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

X

- Definition

Tabular disclosure of allocation of amount expensed and capitalized for award under share-based payment arrangement to statement of income or comprehensive income and statement of financial position. Includes, but is not limited to, corresponding line item in financial statement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-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=115993241&loc=d3e301413-122809

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5047-113901

+ Details

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

X

- Definition

Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ 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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=116856206&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 cost not yet recognized and weighted-average period over which cost is expected to be recognized for nonvested award under share-based payment arrangement.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (i)
-URI http://asc.fasb.org/extlink&oid=116856206&loc=d3e5070-113901

+ Details

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