Company research
LUNA INNOVATIONS INC
CIK 1239819Updated Jul 19, 2026
Filing activity
Latest filing
50 filings on record · 15-12G, 8-K, 25, 4, NT 10-Q, SC 13G/A.
Recent filings
Show 5 more recent filings
Financials
FY 2022 · USDSource
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balance sheet · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 151,007,000Source | 130,237,000Source | 131,002,000Source | 86,524,060Source |
| Property, Plant and Equipment, NetUSD | 4,893,000Source | 2,988,000Source | 3,308,000Source | 3,465,612Source |
| GoodwillUSD | 26,927,000Source | 18,984,000Source | 18,121,000Source | 10,541,676Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 18,750,000Source | 17,177,000Source | 20,109,000Source | 10,194,477Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 6,024,000Source | 17,128,000Source | 15,366,000Source | 25,005,917Source |
| Accounts Receivable, after Allowance for Credit Loss, CurrentUSD | 33,249,000Source | 20,913,000Source | 24,951,000Source | 16,268,645Source |
| Inventory, NetUSD | 36,582,000Source | 22,493,000Source | 23,597,000Source | 10,294,431Source |
| Assets, CurrentUSD | 87,874,000Source | 82,445,000Source | 75,469,000Source | 58,116,293Source |
| Prepaid Expense and Other Assets, CurrentUSD | 4,328,000Source | 3,793,000Source | 4,509,000Source | 1,286,968Source |
| Operating Lease, Right-of-Use AssetUSD | 4,661,000Source | 5,075,000Source | 11,281,000Source | 2,235,731Source |
| Other Assets, NoncurrentUSD | 3,255,000Source | 247,000Source | 39,000Source | 2,341,179Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 57,605,000Source | 48,314,000Source | 56,560,000Source | 19,055,542Source |
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | — | — | — | 0Source |
| Common Stock, Value, IssuedUSD | 35,000Source | 34,000Source | 33,000Source | 31,849Source |
| Additional Paid in CapitalUSD | 104,893,000Source | 98,745,000Source | 92,403,000Source | 88,021,903Source |
| Retained Earnings (Accumulated Deficit)USD | -2,296,000Source | -11,575,000Source | -12,957,000Source | -16,248,127Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -3,623,000Source | -33,000Source | -248,000Source | — |
| Stockholders' Equity Attributable to ParentUSD | 93,402,000Source | 81,923,000Source | 74,442,000Source | 67,468,518Source |
| Liabilities and EquityUSD | 151,007,000Source | 130,237,000Source | 131,002,000Source | 86,524,060Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 33,631,000Source | 32,687,000Source | 30,085,000Source | 17,044,055Source |
| Operating Lease, Liability, CurrentUSD | 2,239,000Source | 2,101,000Source | 2,223,000Source | 1,283,310Source |
| Accounts Payable, CurrentUSD | 8,109,000Source | 2,809,000Source | 4,393,000Source | 2,786,825Source |
| Operating Lease, Liability, NoncurrentUSD | 2,804,000Source | 3,509,000Source | 10,248,000Source | 1,988,395Source |
| Other Liabilities, NoncurrentUSD | 444,000Source | 445,000Source | 214,000Source | 2,011,487Source |
| Additional Financial Items | ||||
| Accrued Liabilities, CurrentUSD | 16,694,000Source | 9,258,000Source | 12,159,000Source | 10,369,545Source |
| Long-term Debt, Excluding Current Maturities | — | — | — | — |
| Long-term Debt, Current MaturitiesUSD | 2,500,000Source | 4,167,000Source | 4,167,000Source | 0Source |
| Long-term Debt, Excluding Current MaturitiesUSD | 20,726,000Source | 11,673,000Source | 15,817,000Source | — |
cash flow · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation and amortization | — | — | — | — |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 4,232,000Source | 2,955,000Source | 2,134,000Source | 1,544,156Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | 9,151,000Source | 280,000Source | 3,292,000Source | 2,248,925Source |
| Increase (Decrease) in InventoriesUSD | 10,028,000Source | -939,000Source | 1,550,000Source | 722,690Source |
| Deferred Income Tax Expense (Benefit)USD | -2,391,000Source | -2,086,000Source | -228,000Source | — |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -8,567,000Source | 4,483,000Source | 2,856,000Source | 4,798,201Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | 22,085,000Source | 0Source | 34,102,000Source | 0Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -11,055,000Source | -1,768,000Source | -34,159,000Source | -19,814,991Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 2,888,000Source | 1,412,000Source | 681,000Source | 540,635Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | 359,000Source | 459,000Source | 452,000Source | 2,220,467Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 9,512,000Source | -1,264,000Source | 21,649,000Source | -2,437,560Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate EffectUSD | -10,110,000Source | 1,451,000Source | -9,654,000Source | -17,454,350Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 6,024,000Source | 17,128,000Source | 15,366,000Source | 25,005,917Source |
| Supplemental disclosure of cash flow information: | ||||
| Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD | 805,000Source | 458,000Source | 4,000Source | 18,359Source |
| Income Taxes Paid, NetUSD | 39,000Source | 113,000Source | — | — |
| Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | -994,000Source | 311,000Source | 14,000Source | — |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 4,200,000Source | 3,000,000Source | 2,100,000Source | 1,500,000Source |
| Amortization of Debt Issuance CostsUSD | 43,000Source | 44,000Source | 2,000Source | 5,685Source |
| Amortization of Intangible AssetsUSD | 3,700,000Source | 3,100,000Source | 1,800,000Source | 1,600,000Source |
| DepreciationUSD | 1,700,000Source | 1,400,000Source | 1,100,000Source | 1,000,000Source |
| Discontinued Operation, Gain (Loss) on Disposal of Discontinued Operation, Net of TaxUSD | 9,849,000Source | 0Source | -1,436,000Source | 0Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | 1,730,000Source | — | — | — |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | -53,000Source | 0Source | -644,000Source | 0Source |
| GoodwillUSD | 26,927,000Source | 18,984,000Source | 18,121,000Source | 10,541,676Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -2,300,000Source | -1,089,000Source | 4,727,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 5,342,545Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 2,471,000Source | — | 0Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 11,579,000Source | — | — | — |
| Income Tax Expense (Benefit)USD | -220,000Source | -1,980,000Source | 348,000Source | -1,654,350Source |
| Net Income (Loss) Attributable to ParentUSD | 9,279,000Source | 1,382,000Source | 3,291,000Source | 5,342,545Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 9,279,000Source | 1,382,000Source | 3,291,000Source | 5,057,095Source |
| Nonoperating Income (Expense)USD | -636,000Source | -479,000Source | 92,000Source | 373,174Source |
| Operating ExpensesUSD | 68,381,000Source | 54,146,000Source | 37,205,000Source | 31,867,361Source |
| Other Nonoperating Income (Expense)USD | 216,000Source | 0Source | 50,000Source | -4,504Source |
income statement · annual statements
| Line item | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|
| Total RevenueUSD | 109,497,000Source | 87,513,000Source | 82,681,000Source | 70,515,715Source |
| Cost of RevenueUSD | — | 35,957,000Source | 40,493,000Source | 35,333,333Source |
| Selling, General and Administrative ExpenseUSD | 57,544,000Source | 43,956,000Source | 27,644,000Source | 24,371,349Source |
| Operating Income (Loss)USD | -1,884,000Source | -2,590,000Source | 4,983,000Source | 3,315,021Source |
| Other Nonoperating Income (Expense)USD | 216,000Source | 0Source | 50,000Source | -4,504Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,520,000Source | -3,069,000Source | 5,075,000Source | — |
| Income Tax Expense (Benefit)USD | -220,000Source | -1,980,000Source | 348,000Source | -1,654,350Source |
| Net Income (Loss) Attributable to ParentUSD | 9,279,000Source | 1,382,000Source | 3,291,000Source | 5,342,545Source |
| Earnings Per Share, BasicUSD per share | 0.28Source | 0.04Source | 0.11Source | 0.18Source |
| Earnings Per Share, DilutedUSD per share | 0.28Source | 0.04Source | 0.1Source | 0.16Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 32,591,973Source | 31,658,085Source | 30,669,874Source | 28,688,867Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 32,591,973Source | 31,658,085Source | 32,578,757Source | 31,840,584Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 3,700,000Source | 3,100,000Source | 1,800,000Source | 1,600,000Source |
| Business Combination, Acquisition Related CostsUSD | — | — | 2,204,000Source | 1,000,000Source |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and AmortizationUSD | 43,000,000Source | — | — | — |
| Current Income Tax Expense (Benefit)USD | 2,171,000Source | 106,000Source | 576,000Source | — |
| Depreciation, Depletion and Amortization, NonproductionUSD | 5,449,000Source | 4,628,000Source | 2,970,000Source | 2,503,291Source |
| Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of TaxUSD | 1,730,000Source | — | — | — |
| Gross ProfitUSD | 66,497,000Source | 51,556,000Source | 42,188,000Source | 35,182,382Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -2,300,000Source | -1,089,000Source | 4,727,000Source | — |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | 5,342,545Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.07Source | -0.03Source | 0.15Source | 0.19Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.07Source | -0.03Source | 0.15Source | 0.17Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | 2,471,000Source | — | 0Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 11,579,000Source | — | — | — |
| Interest ExpenseUSD | 898,000Source | 479,000Source | 25,000Source | 15,878Source |
| Interest Income (Expense), Nonoperating, NetUSD | -898,000Source | -479,000Source | -25,000Source | -15,878Source |
| Interest Income, OtherUSD | 2,000Source | 3,000Source | 24,000Source | — |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | 9,279,000Source | 1,382,000Source | 3,291,000Source | 5,057,095Source |
| Nonoperating Income (Expense)USD | -636,000Source | -479,000Source | 92,000Source | 373,174Source |
| Operating ExpensesUSD | 68,381,000Source | 54,146,000Source | 37,205,000Source | 31,867,361Source |
| Preferred Stock Dividends, Income Statement ImpactUSD | — | — | 0Source | 285,450Source |
| Research and Development ExpenseUSD | 10,837,000Source | 10,190,000Source | 6,713,000Source | 7,496,012Source |