Company: LASE
Filing Date: 2025-12-23
Form Type: 10-Q
Source: 0001493152-25-028857
Chunk: 56

Company: Laser Photonics Corp
Filing Date: 2025-12-23
Form: 10-Q
Item: Part I, Item 2
Chunk 56
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uct): 

    Interest
    expense 
     1,445,390  
        
     2,357,790  
     - 
  
    Taxes 
     -  
     151,035  
     -  
     163,664 
  
    Other 
     -  
        
     (1,594) 
     - 
  
    Depreciation
    & Amortization 
     291,955  
     238,617  
     868,089  
     669,827 
  
    EBITDA 
     (2,918,263) 
     (1,235,616) 
     (4,885,948) 
     (2,271,742)
  
    Other
    adjustments 
     -  
     -  
     -  
     - 
  
    Adjusted
    EBITDA 
    $(2,918,263) 
     (1,235,616) 
    $(4,885,948) 
    $(2,271,742)

Off-Balance
Sheet Arrangements

As
of September 30, 2025, we did not have any off-balance sheet arrangements.

Pursuant
to Item 305(e) of Regulation S-K (§ 229.305(e)), the Company is not required to provide the information required by this Item as
it is a “smaller reporting Company,” as defined by Rule 229.10(f)(1).

We
have not utilized any derivative financial instruments such as futures contracts, options and swaps, forward foreign exchange contracts
or interest rate swaps and futures. We believe that adequate controls are in place to monitor any hedging activities. We do not have
any borrowings and, consequently, we are not affected by changes in market interest rates. We do not currently have any sales or own
assets and operate facilities in countries outside the United States and, consequently, we are not affected by foreign currency fluctuations
or exchange rate changes. Overall, we believe that our exposure to interest rate risk and foreign currency exchange rate changes is not
material to our financial condition or results of operations.

ITEM
4. CONTROLS AND PROCEDURES

Disclosures
Control and Procedures

Under
the supervision of our Chief Executive Officer (“CEO”) and Chief Financial Officer (“CFO”), our management has
evaluated the