Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 899

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 5
Chunk 899
---
 under Rule 501 of Regulation D. 

ITEM
6. SELECTED FINANCIAL DATA

The
following selected consolidated financial data should be read in conjunction with, and is qualified by reference to, our consolidated
financial statements and related notes and Item 7, “Management’s Discussion and Analysis of Financial Condition and Results
of Operations” included elsewhere in this Annual Report on Form 10-K. The data for the years ended December 31, 2024, and 2023,
is derived from our audited financial statements and related notes included elsewhere in this Annual Report on Form 10-K. Our historical
results are not necessarily indicative of the results for any future period.

Statement
of Operations Data:

    Year Ended December 31, 

    2024  
    2023 
  
    Statement of operations data: 

    Net Sales 
    $3,415,196  
    $3,939,473 
  
    Cost of Sales 
     1,934,150  
     1,041,697 
  
    Gross Profit 
     1,481,046  
     2,897,776 
  
    Operating Expenses 
     7,944,389  
     6,246,011 
  
    Income (Loss) from Operations 
     (6,463,343) 
     (3,348,235)
  
    Interest Expense 
        
     - 
  
    Other (Income) Expense 
     3,944,516  
     30,063 
  
    Income Tax Provision 
        
     - 
  
    Net Income (Loss) 
     (2,518,827) 
     (3,318,172)
  
    Income (Loss) per Common Share 
    $(0.22) 
    $(0.37)

Balance
sheet data:

    December 31, 

    2024  
    2023 
  
    Balance sheet data: 

    Cash 
    $533,871  
    $6,201,137 
  
    Total Assets 
     17,152,147  
     15,124,087 
  
    Current Liabilities 
     2,573,435  
     1,031,844 
  
    Total Liabilities 
    $6,939,854  
    $1,194,835 

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