Company: LASE
Filing Date: 2025-12-23
Form Type: 10-Q
Source: 0001493152-25-028857
Chunk: 24

Company: Laser Photonics Corp
Filing Date: 2025-12-23
Form: 10-Q
Item: Part I, Item 1
Chunk 24
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000  
     211,000 
  
    Equipment Design Documentation 
     2,675,000  
     2,675,000 
  
    Operational Software & Website 
     381,539  
     381,539 
  
    Trademarks 
     787,800  
     787,800 
  
    License & Patents 
     3,460,876  
     3,460,877 
  
    Intangible assets gross 
     3,460,876  
     3,460,877 

     Accumulated Impairment Loss 
     (932,669) 
     (932,669)
  
    Total Intangible Assets 
    $4,979,030  
    $5,458,522 

Long-Lived
Assets

Long-lived
assets are reviewed for impairment whenever events or changes in circumstances indicate that the carrying value may not be recoverable.
Impairment is measured by comparing the carrying value of the long-lived assets to the estimated undiscounted future cash flows expected
to result from use of the assets and their ultimate disposition. In instances where impairment is determined to exist, the Company will
write down the asset to its fair value based on the present value of estimated future cash flows.

Net
Earnings/Loss per Share

Basic
Earnings/Loss per share is calculated by dividing the Earnings/Loss attributable to stockholders by the weighted-average
number of shares outstanding for the period. Diluted Earnings/Loss per share reflects the potential dilution that could occur
if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common
stock that shared in the earnings (loss) of the Company. Diluted Earnings/Loss per share is computed by dividing the Earnings/Loss
available to stockholders by the weighted average number of shares outstanding for the period and dilutive potential shares outstanding
unless such dilutive potential shares would result in anti-dilution.

NOTE
3 – STOCKHOLDERS’ EQUITY/DEFICIT

General

The
following description of our securities and certain provisions of our amended and restated certificate of incorporation and amended and
restated bylaws are summaries and are qualified by reference to the amended and restated certificate of incorporation and our bylaws
that will be in effect on the closing of this offering. Copies of these documents have been filed with the SEC as exhibits