Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 422

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 422
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 to serve as the independent registered public accounting firm to audit our financial statements;

    ●
    helping to ensure the independence
    and performance of the independent registered public accounting firm;

    ●
    discussing the scope and
    results of the audit with the independent registered public accounting firm, and reviewing, with management and the independent accountants,
    our interim and year-end operating results;

    ●
    developing procedures for
    employees to submit concerns anonymously about questionable accounting or audit matters;

    ●
    reviewing our policies
    on risk assessment and risk management;

    ●
    reviewing and approving
    related party transactions;

    ●
    obtaining and reviewing
    a report by the independent registered public accounting firm, at least annually, that describes our internal quality-control procedures,
    any material issues with such procedures, and any steps taken to deal with such issues when required by applicable law; and

    ●
    approving (or, as permitted,
    pre-approving) all audit and all permissible non-audit services, other than de minimis non-audit services, to be performed by the
    independent registered public accounting firm.

56

The
Audit Committee has discussed with management and the independent auditor the Company’s annual audited financial statements for
the year ended December 31, 2024. The Audit Committee has discussed with M&K CPAS, PLLC (“M&K CPAS, PLLC”),
the Company’s independent auditor for the 2024 fiscal year, matters required to be discussed by the applicable requirements of
the Public Company Accounting Oversight Board and the SEC. The Audit Committee has received written disclosures and letters from M&K
CPAS, PLLC and has discussed their independence from management and the Company. Based upon the reviews and discussions, the
Audit Committee recommended to the Board of Directors that the previously mentioned audit financial statements should be included in
the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2024, for filing with the SEC.

Compensation
Committee

Our
compensation committee is comprised of Troy Parkos and Carlos M. Gonzalez. Our board has determined that each of Mr. Parkos and Mr. Gonzalez
qualifies as an independent director under Section 5605(a)(2) of the Nasdaq rules and as “non-employee director” for purposes
of Section 16b-3 under the Exchange Act and does not have a material relationship with us that would affect their ability to