Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 439

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 439
---
 director
    of such entity), that is a participant in the transaction, where (a) the related person and all other related persons own in the
    aggregate less than a 10% equity interest in such entity, (b) the related person and his or her immediate family members are not
    involved in the negotiation of the terms of the transaction and do not receive any special benefits as a result of the transaction
    and (c) the amount involved in the transaction equals less than the greater of $200,000 or 5% of the annual consolidated gross revenues
    of the other entity that is a party to the transaction; and

    ●
    a transaction that is specifically
    contemplated by provisions of our charter or bylaws.

The
policy provides that transactions involving compensation of executive officers shall be reviewed and approved by the compensation committee
in the manner specified in its charter.

67

ITEM
14. PRINCIPAL ACCOUNTING FEES AND SERVICES

Our
independent registered public accounting firm is M&K CPAS PLLC and predecessor Fruci & Associates, Firm ID: 05525

The
following is the breakdown of aggregate fees for the last two fiscal years.

    Year Ending December 31, 

    2024  
    2023 
  
    Audit Fees 
    $105,076  
    $114,500 
  
    Audit Related Fees 
    $   
    $  
  
    Tax Fees 
    $   
    $  
  
    All Other Fees 
    $105,076  
    $114,500 

It
is our policy to engage the principal accounting firm to conduct the financial audit for our company and to confirm prior to such engagement,
that such principal accounting firm is independent of our company when required by SEC rules and regulations. All services of the principal
accounting firm reflected above were approved by the Board of Directors.

-
“Audit Fees” are fees paid for professional services for the audit of our financial statements.

-
“Audit-Related fees” are fees paid for professional services not included in the first category, specifically, SAS 100 reviews,
SEC filings and consents, and accounting consultations on matters addressed during the audit or interim reviews, and review work related
to quarterly filings.

-
“Tax Fees” are fees primarily for tax compliance in connection with filing US income tax returns.

-
“All other fees” related to the reviews of Registration Statements on Form S-1

Audit
Committee Pre-Approval