Company: LASE
Filing Date: 2025-12-23
Form Type: 10-Q
Source: 0001493152-25-028857
Chunk: 53

Company: Laser Photonics Corp
Filing Date: 2025-12-23
Form: 10-Q
Item: Part I, Item 2
Chunk 53
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 information required under
this item.

Revenues

For the
three months ending September 30, 2025, we recognized revenue of $919,284, as compared to $669,182 in revenue for the same period in
2024, an increase of 6.63%.

    Three Months Ended
                                                                               September 30,  
    Nine Months Ended
                                                                               September 30, 

    2025
 (Unaudited)  
    2024
 (Unaudited)  
    2025
 (Unaudited)  
    2024
 (Unaudited) 

    Revenue 
    $919,284  
    $669,182  
    $5,808,541  
    $2,083,123 

For
the three months ending September 30, 2025, our net loss was $4,655,608 as compared to a loss of $1,625,268 in the same period of
2024.

We
are entering into laser equipment sales agreements with customers for specific equipment based upon purchase orders and our standard
terms and conditions of sale.

Under
our customer contracts or/and purchase orders, we transfer title and risk of loss to the customer and recognize revenue upon shipment.
Our customers do not have extended payment terms or rights of return under these contracts.

ITEM
3. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK. 

Summary
Financial Information – Non-GAAP EBITDA

    Three Months Ended September 30,  
    Nine Months Ended September 30, 

    2025 (Unaudited)  
    2024 (Unaudited)  
    2025 (Unaudited)  
    2024 (Unaudited) 
  
    Other financial data (unaudited): 

    EBITDA(1) 
    $(2,918,263) 
    $(1,235,616) 
     (4,885,948) 
    $(2,271,742)
  
    Adjusted EBITDA(2) 
    $(2,918,263) 
    $(1,235,616) 
     (4,885,948) 
    $(2,271,742)

In
addition to providing financial measurements based on generally accepted accounting principles in the United States (“GAAP”),
we provide the following additional financial