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OPTX

Syntec Optics Holdings, Inc.

OPTX Nasdaq Optical Instruments & Lenses EDGAR ↗
$7.41
+0.32 +4.51%

Key statistics

from XBRL data in SEC filings
Market cap ⓘ
$298M
Revenue (TTM) ⓘ
$29.2M
Net income (TTM) ⓘ
-$2.41M
EPS (TTM) ⓘ
$-0.06
P/E ratio ⓘ
—
Dividend yield ⓘ
—
Free cash flow ⓘ
$28.3K
Cash ⓘ
$325K
Total assets ⓘ
$38.8M
Gross margin ⓘ
19.6%
52-week range ⓘ
$1.18 – $14.92

AI briefing

from the latest 10-K, 10-Q and 8-K events

Syntec Optics Holdings, Inc. is a vertically integrated manufacturer of polymer and glass optics for defense, medical, consumer, and communications end markets.

What they do

The company designs and manufactures optical components and assemblies, including polymer and glass molding, thin-film coatings, nanomachining, and opto-mechanical assembly. It serves four end markets: defense, medical, consumer, and communications, with products such as night vision optics, thermal clips, biomedical mirrors, microlens arrays, and low earth orbit satellite optics.

Revenue drivers

  • Defense — Includes night vision optics, hybrid light-weight magnifiers, thermal clips, and AI-driven military AR wearables; historically a primary revenue source.
  • Medical — Biomedical mirrors for sensing applications; newer product line contributing to revenue.
  • Communications — Microlens arrays and low earth orbit satellite optics, including components for orbital safety and collision avoidance.

Recent performance

Revenue for fiscal 2025 was $28.1M, down from $28.4M in 2024, with net loss of $1.8M. Quarterly revenue fluctuated from $7.0M (Sep 2025) to $8.3M (Jun 2026). Operating cash flow was $672,635 in 2025, improving from -$942,830 in 2024. As of June 30, 2026, cash was minimal and long-term debt stood at $2.2M.

Strategy

Leverage vertical integration (tool-making, molding, nanomachining) to maintain sub-micron tolerances and offer a wide suite of manufacturing capabilities. Expand into AI-driven military AR wearables and high-precision photonics for space applications. Increase production capacity and penetration of existing end markets, supported by addition to Russell 3000 Index in Q2 2026.

Risks

  • Nasdaq compliance — Received multiple delisting notices in late 2025, indicating potential listing-rule failures that could affect stock liquidity.
  • Weak cash position — Cash and equivalents were only $325,098 as of September 30, 2023, and latest balance sheet shows minimal cash, raising going-concern concerns.
  • Revenue stagnation — Annual revenue has remained flat around $28-29M since 2022, with net losses in 2024 and 2025.
  • Customer concentration — Dependence on a limited number of customers in niche end markets could amplify demand volatility.

Outlook

Management expects continued growth in defense and communications driven by new product launches and increased capacity. Inclusion in Russell 3000 may improve visibility and liquidity. No specific financial guidance was provided in the latest filings.

Recent SEC filings

40 most recent
Annual, quarterly & current reports