Ushered forth by advances in time and frequency metrology, atom interferometry remains an indispensable measurement tool in atomic physics due to its precision and versatility. A sequence of four $\pi/2$ beam splitter pulses can create either an interferometer sensitive to the atom's recoil frequency when the momentum imparted by the light reverses direction between pulse pairs or, when constructed from pulses without such reversal, sensitive to the perturbing potential from an external optical field. Here, we demonstrate the first atom interferometer with laser-cooled lithium, advantageous for its low mass and simple atomic structure. We study both a recoil-sensitive Ramsey-Bord