Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 810

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 4
Chunk 810
---
 Current Liabilities 
     2,573,435  
     1,031,844 
  
    Total Liabilities 
    $6,939,854  
    $1,194,835 

38

Cash
flow data:

    Year ended December 31 

    2024  
    2023 
  
    Net cash provided by Operating Activities 
    $(9,138,555) 
    $(5,470,567)
  
    Net cash provided by Investing Activities 
     (977,821) 
     (484,855)
  
    Net cash provided by Financing Activities 
     4,449,110  
     (25,240)
  
    Net cash increase for period 
     (5,667,266) 
     (5,980,662)
  
    Cash at the beginning of period 
     6,201,137  
     12,181,799 
  
    Cash at end of period 
    $533,871  
    $6,201,137 

Other
financial data (audited)

    Year Ended December 31, 

    2024 (Audited)  
    2023 Restated 
  
    Other financial data (audited): 

    EBITDA(1) 
    $230,976  
    $(2,794,791)
  
    Adjusted EBITDA(2) 
    $230,976  
    $(2,794,791)

In
addition to providing financial measurements based on generally accepted accounting principles in the United States (GAAP), we provide
the following additional financial metrics that are not prepared in accordance with GAAP (non-GAAP): EBITDA and adjusted EBITDA. Management
uses these non-GAAP financial measures, in addition to GAAP financial measures, to understand and compare operating results across accounting
periods, for financial and operational decision making, for planning and forecasting purposes and to evaluate our financial performance.
We believe that these non-GAAP financial measures help us to identify underlying trends in our business that could otherwise be masked
by the effect of certain expenses that we exclude in the calculations of the non-GAAP financial measures.

Accordingly,
we believe that these non-GAAP financial measures reflect our ongoing business in a manner that allows for meaningful comparisons and
analysis of trends in the business and provides useful information to investors and others in understanding and evaluating our operating
results