Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 206

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1
Chunk 206
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 detection and mitigation policies, procedures and controls. In addition, we work with other companies
in the industry and government participants on increased awareness and enhanced protections against cyber security threats. However,
because of the evolving nature and sophistication of these security threats, which can be difficult to detect, there can be no assurance
that our policies, procedures and controls have or will detect or prevent any of these threats and we cannot predict the full impact
of any such past or future incident. Although we work cooperatively with our customers and other business partners to seek to minimize
the impacts of cyber and other security threats, we must rely on the safeguards put in place by those entities. Any remedial costs or
other liabilities related to cyber or other security threats may not be fully insured or indemnified by other means. Occurrence of any
of these security threats could expose us to claims, contract terminations and damages and could adversely affect our reputation, ability
to work on sensitive U.S. Government contracts, business operations and financial results.

Difficult
conditions in the global capital markets and the economy generally may materially adversely affect our business and results of operations.

Our
results of operations are materially affected by conditions in the global capital markets and the economy generally, both in the U.S.
and elsewhere around the world. Weak economic conditions sustained uncertainty about global economic conditions, concerns about future
U.S. budgetary cuts, or a prolonged or further tightening of credit markets could cause our customers and potential customers to postpone
or reduce spending on technology products or services or put downward pressure on prices, which could have an adverse effect on our business,
results of operations or cash flows. In the event of extreme prolonged adverse market events, such as a global credit crisis, we could
incur significant losses.

23

Inflation
has been on the rise and continues to destabilize the global economy. The Russia Ukraine conflict and other geopolitical tensions, as
well as the related international response, have exacerbated inflationary pressures, including causing increases in the price for goods
and services and exacerbated global supply chain disruptions, which have resulted in, and may continue to result in, shortages in materials
and services and related uncertainties. Such shortages have resulted in and may continue to result in cost increases for labor, fuel,
materials and services, and could continue to cause costs to increase, and result in the scarcity of certain materials. We cannot predict
any future trends in the rate of inflation or other negative economic factors or associated increases in our operating costs and how
that may impact