[Filing Information](index=1&type=section&id=Filing%20Information) This section provides essential identification details for the registrant, SYNTEC OPTICS HOLDINGS, INC., and specifics of the Form 8-K filing, including its jurisdiction, address, and report dates [Registrant and Filing Details](index=1&type=section&id=Registrant%20and%20Filing%20Details) This section provides the core identification details for the registrant, SYNTEC OPTICS HOLDINGS, INC., and the specifics of the Form 8-K filing, including its jurisdiction, address, and the date of the report - The registrant is **SYNTEC OPTICS HOLDINGS, INC.**, incorporated in Delaware, with principal executive offices at 515 Lee Rd., Rochester, NY 14606[1](index=1&type=chunk)[2](index=2&type=chunk) - The Form 8-K report date is **October 6, 2025**, with the earliest event reported on **October 3, 2025**[1](index=1&type=chunk) [Securities Information](index=1&type=section&id=Securities%20Information) This part details the securities registered by SYNTEC OPTICS HOLDINGS, INC. under Section 12(b) of the Securities Exchange Act of 1934, including their trading symbols and the exchange on which they are registered Securities Registered Under Section 12(b) | Title of Each Class | Trading Symbol(s) | Name of Each Exchange on Which Registered | | :------------------ | :---------------- | :---------------------------------------- | | Common stock, par value $0.0001 per share | OPTX | The Nasdaq Capital Market | | Redeemable warrants, exercisable for common stock at an exercise price of $11.50 per share, subject to adjustment | OPTXW | The Nasdaq Capital Market | [Emerging Growth Company Status](index=1&type=section&id=Emerging%20Growth%20Company%20Status) The company has indicated its status as an 'emerging growth company' as defined by relevant SEC rules - **SYNTEC OPTICS HOLDINGS, INC.** is designated as an 'Emerging growth company'[3](index=3&type=chunk) [Item 2.02 Results of Operations and Financial Condition](index=2&type=section&id=Item%202.02%20Results%20of%20Operations%20and%20Financial%20Condition) This section details the company's announcement of financial results for specific quarters and the full year through a press release [Financial Results Announcement](index=2&type=section&id=Financial%20Results%20Announcement) SYNTEC OPTICS HOLDINGS, INC. announced its financial results for the fourth quarter and full year ended December 31, 2024, and the first and second quarters of 2025, through a press release - On **October 6, 2025**, the Company issued a press release announcing financial results for **Q4 2024, Q1 2025, and Q2 2025**[4](index=4&type=chunk) - The press release is attached as **Exhibit 99.1** and is furnished under Item 2.02, not deemed 'filed' for Section 18 purposes unless specifically referenced[4](index=4&type=chunk)[5](index=5&type=chunk) [Item 9.01 Financial Statement and Exhibits](index=2&type=section&id=Item%209.01%20Financial%20Statement%20and%20Exhibits) This section provides a comprehensive list of all documents filed as exhibits to the Form 8-K, including the financial results press release and interactive data [Exhibits List](index=2&type=section&id=Exhibits%20List) This section lists the documents filed as exhibits to the Form 8-K, including the press release detailing financial results and the interactive data file Exhibits Filed | Exhibit Number | Description | | :------------- | :---------- | | 99.1 | Press release dated October 6, 2025 | | 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | [Signatures](index=3&type=section&id=SIGNATURES) This section confirms the official signing of the report by the registrant's authorized officer, validating its submission [Report Signatures](index=3&type=section&id=Report%20Signatures) The report is officially signed by the registrant's authorized officer, confirming its submission in accordance with the Securities Exchange Act of 1934 - The report was signed on behalf of **SYNTEC OPTICS HOLDINGS, INC.** by **Al Kapoor, Chief Executive Officer**, on **October 6, 2025**[8](index=8&type=chunk)[9](index=9&type=chunk)

Financial Performance - Adjusted EBITDA increased to 15.3% for the first half of 2025 compared to 5.8% for the same period in 2024, reflecting significant improvement in profitability [9][13] - Net income for the six-month period ending June 30, 2025, improved by $0.9 million compared to the same period in 2024, reaching $0 million [15] - Net sales for the first half of 2025 totaled $13.6 million, an increase of $0.3 million from $13.3 million in the same period in 2024 [10] Operational Highlights - The calendar year 2024 saw record-high net sales and a double-digit increase in the communications end-market, including sales for space optics and AI-driven data center optical connectivity [4] - The company invested $3.3 million in state-of-the-art equipment in 2024 to enhance capacity and service reliability for customers [8] - Production ramped up for low-weight hybrid optics used in night vision goggle systems, with final OEM acceptances underway [5] Market Expansion - Syntec Optics entered a new end-market in energy by enabling light for space-based solar power and grid-scale fusion energy products in the first half of 2025 [9] - The company launched a new product in optical connectivity for AI deployment-based scaling of data centers in 2024 and began production runs in the first half of 2025 [9] - Future growth strategy focuses on operational excellence, scaling production, and expanding into new light-enabled applications, including fusion energy and hyperspectral imaging [16][19] Cost Management - General and administrative expenses for the first half of 2025 were reduced by $0.6 million compared to 2024, with notable reductions in outside consulting and travel expenses [12] - Gross profit for the first half of 2025 was $3.9 million, an improvement of $1.0 million over the previous year, with gross margin increasing from 22% to 29% [11]

Financial Data and Key Metrics Changes - The company is currently in the process of filing its Form 10-K for the year ending December 31, 2024, and two Form 10-Qs for the periods ending March 31, 2025, and June 30, 2025, with a targeted filing date of September 15, 2025 [3][4]. Business Line Data and Key Metrics Changes - The company is experiencing increased demand from key customers, with requests for volume increases ranging from 20% to 100% higher than current delivery levels [7]. Market Data and Key Metrics Changes - The company is focusing on high-growth light-enabled markets, including Low Earth Orbit satellite optics, night vision, integrated scope optics for defense, and hospital diagnostic optics for biomedical equipment [7][8]. Company Strategy and Development Direction - The company's strategy involves a three-pronged execution plan focusing on operational excellence, scaling production, and expanding into new high-growth light-enabled markets [6][7][8]. - The company aims to improve yield rates from 50% to 95% and is increasing staffing to support production scaling [8]. Management's Comments on Operating Environment and Future Outlook - Management believes there are continued growth opportunities as more products become light-enabled, positioning the company to capitalize on these trends [6][9]. Other Important Information - The company has submitted an updated plan to Nasdaq to regain compliance with filing requirements, which includes detailed progress on the filings [3][4]. Q&A Session Summary - No specific questions or answers were provided in the content, as the call concluded without a Q&A segment [10].

Financial Data and Key Metrics Changes - The company is currently addressing compliance issues with Nasdaq regarding the filing of its Form 10-K and two Form 10-Qs, with a targeted filing date of September 15, 2025 [2] - The audit committee has approved the filings of the 10-K and the two 10-Qs after meetings held on September 4 and September 11, 2025 [2] Business Line Data and Key Metrics Changes - The company is experiencing increased demand from key customers, with requests for volume increases ranging from 20% to 100% [3][4] - The focus on operational excellence aims to improve yields and maximize capacity utilization to meet this robust demand [4] Market Data and Key Metrics Changes - The company is expanding into new high-growth light-enabled markets, including fusion energy, hyperspectral imaging for defense, and quantum computing [4] - The company is also targeting improvements in production yields from 50% to 95% to support scaling production [4] Company Strategy and Development Direction - The company's strategy involves a three-pronged execution plan focusing on operational excellence, scaling production, and expanding into new applications [3] - The operational excellence initiative includes deploying enhanced operations KPIs and real-time data for decision-making [4] Management's Comments on Operating Environment and Future Outlook - Management believes there are continued growth opportunities as more products become light-enabled, positioning the company for sustainable growth [3] - The company is actively working to regain compliance with Nasdaq filing requirements and is committed to transparency with investors [2] Other Important Information - The company is enhancing its staffing, including increasing night shifts, to meet the growing demand and prepare for future growth [4] Q&A Session Summary - No specific questions or answers were provided in the content, as the call concluded without a Q&A segment [5]

Financial Data and Key Metrics Changes - The company is currently working on regaining compliance with Nasdaq filing requirements, with an updated plan submitted on September 5, 2025, to file the Form 10-K and two 10-Qs by September 15, 2025 [3][4]. - The audit committee approved the filings of the 10-K and two 10-Qs, indicating progress in addressing previous compliance issues [4]. Business Line Data and Key Metrics Changes - The company is focusing on operational excellence to maximize capacity, with key customers demanding increased volumes of 20% to 100% higher than current deliveries [7]. - Yield improvements are targeted to increase from 50% to 95% in some cases, with staffing increases planned for night shifts to support production scaling [9]. Market Data and Key Metrics Changes - The company is expanding into new high-growth light-enabled markets, including fusion energy, hyperspectral imaging for defense, and quantum computing [9][10]. Company Strategy and Development Direction - The company's strategy involves a three-pronged execution plan focusing on operational excellence, scaling production, and expanding into new applications [6][8]. - The operational focus includes improving yields and maximizing capacity utilization to meet robust demand [7]. Management's Comments on Operating Environment and Future Outlook - Management believes there are continued growth opportunities as more products become light-enabled, positioning the company to capitalize on these trends [6]. - The company is actively securing new customers in breakthrough applications, indicating a proactive approach to market expansion [9]. Other Important Information - The company is leveraging its operational strengths through horizontal and vertical integration of optics manufacturing processes [6]. - Daily technician meetings and ERP dashboards are being deployed to enhance operational efficiency [8]. Q&A Session Summary - No specific questions or answers were provided in the content, as the call concluded without a Q&A segment [11].

Core Insights - Syntec Optics Holdings, Inc. has launched a New York State certified apprenticeship program aimed at developing skilled manufacturing technicians, marking it as the first of its kind in the United States [1][4] Group 1: Program Details - The apprenticeship program was developed in collaboration with the Rochester Technology and Manufacturing Association (RTMA) and Monroe Community College (MCC) to address the talent shortage in the optics and photonics manufacturing sector [2] - The curriculum includes on-the-job training, mentorship, and specialized coursework in nanomachining and optics, designed to provide a strong foundation in this field [3] - The program is supported by the New York State Department of Labor and spans 18 months to 4 years, with participants eligible for funding for education and necessary tools [4][5] Group 2: Strategic Importance - The program is part of Syntec Optics' strategy to drive innovation and rebuild critical manufacturing skills in the U.S., emphasizing the development of future leaders and innovators in optics [5] - The company is experiencing significant demand for its Advanced Manufacturing Platform across various sectors, including Hyperspectral Imaging, Rocket Propulsion, and Biomedical Vision Correction, which necessitates a skilled workforce [5] - Currently, six apprentices are enrolled in the program, which aims to meet the growing customer demand with a highly skilled workforce [5] Group 3: Company Overview - Syntec Optics is a leading manufacturer in the optics and photonics sector, operating for over two decades and providing a competitive advantage through its state-of-the-art facility and diverse product lines [6] - The company continues to expand its offerings, including Low Earth Orbit (LEO) satellite optics and lightweight night vision goggle optics for defense [6]

Core Viewpoint - Syntec Optics Holdings, Inc. has appointed Louie Salinas as Assistant Director of Strategic Military Sales & Customer Development, reflecting the company's commitment to enhancing its relationships with military customers and promoting its advanced optical solutions [1][4]. Company Overview - Syntec Optics Holdings, Inc. is a leading provider of technology products across various sectors, including defense, biomedical, communications, and consumer industries [1]. - The company is headquartered in Rochester, NY, and has been operating for over two decades, specializing in custom optics and photonics manufacturing [5]. - Syntec Optics has launched new products, including Low Earth Orbit (LEO) satellite optics, lightweight night vision goggle optics, and biomedical optics for defense [5]. Leadership and Strategy - Louie Salinas, a retired U.S. Army Master Sergeant and decorated combat veteran, will lead sales for the company's thermal weapon sights and military night vision scope optics [2][3]. - His role involves strengthening strategic relationships with military customers and driving the adoption of Syntec Optics' products within the U.S. Department of Defense and allied nations [2][4]. - The appointment of veterans like Mr. Salinas in key leadership positions ensures that the company's product strategy is informed by the needs of end-users [4].

Company Overview - Syntec Optics Holdings, Inc. is a leading provider of technology products to defense, biomedical, communications, and consumer industries, headquartered in Rochester, NY [1][5] - The company has over two decades of experience and operates a state-of-the-art facility with extensive capabilities in optics manufacturing [5] Hyperspectral Imaging Technology - Hyperspectral imaging (HSI) captures and analyzes light across hundreds of narrow spectral bands, allowing for precise identification of materials and conditions invisible to standard cameras [2] - Syntec Optics manufactures critical optical elements that are essential for advanced HSI systems used in defense markets [1][4] Market Growth - The global hyperspectral imaging systems market is projected to be valued at $17.32 billion in 2025 and is expected to grow at a compound annual growth rate (CAGR) of 10.7%, reaching $28.28 billion by 2030 [3] - This growth indicates increasing adoption of HSI technology across various sectors, highlighting significant opportunities for enabling technologies like high-precision optics [3] Product Offerings - Syntec Optics has recently launched new products, including Low Earth Orbit (LEO) satellite optics for communication, lightweight night vision goggle optics for defense, biomedical optics for defense, and data center optics for Artificial Intelligence [5]

Company Overview - Syntec Optics is a leading provider of mission-critical products for advanced technology sectors including defense, biomedical, and communications equipment manufacturers [3] - The company has been operating for over two decades and is headquartered in Rochester, NY, with a state-of-the-art facility that offers extensive optics manufacturing capabilities [3] Recent Developments - Syntec Optics has secured new orders for ultra-high-precision LEO satellite optics and plans to double its weekly shipments for the remainder of the year [1] - The company is utilizing a dedicated production cell to ramp up deliveries in response to increased demand for its advanced optics solutions [1][2] Market Insights - The demand for satellite broadband, enabled by Syntec's optical technology, is expected to significantly contribute to the projected $1 trillion global space economy by 2040 [2] - Syntec's nano-scale manufacturing solutions enhance the range of space communications signals and provide lower latency compared to traditional radar-based systems [2] Product Offerings - Recent product launches include LEO satellite optics for communication, lightweight night vision goggle optics for defense, biomedical optics, and data center optics for Artificial Intelligence [3]

Company Overview - Syntec Optics Holdings, Inc. is a leading provider of technology products to defense, biomedical, communications, and consumer industries, headquartered in Rochester, NY [5] - The company has over two decades of experience and operates a state-of-the-art facility with extensive capabilities in optics manufacturing [5] Recent Developments - Syntec Optics has received initial orders for high-performance fuel actuators for rocket engines, which are critical for defense and space applications [1] - The company will utilize advanced nanotechnology processes to provide high-precision manufacturing solutions for these actuators [1] Industry Insights - Fuel actuators are essential for rocket propulsion, providing precise control of propellant flow, which is crucial for managing thrust and trajectory [2] - The global rocket propulsion market was valued at USD 10.5 billion in 2023 and is projected to reach USD 24.4 billion by 2030, growing at a CAGR of 11.2% [3] - The growth in this market is driven by increased satellite launches, space exploration missions, and national security initiatives [3] Product Significance - Syntec Optics' products are integral to the sophisticated actuators required in the expanding rocket propulsion market [3] - The company emphasizes the importance of reliability in rocket engines, which begins with the precision of each component [4] - Syntec Optics aims to support the U.S. industrial base for both defense and the growing commercial space economy through its advanced optical manufacturing techniques [4]