Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 372

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 372
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demands, or uncertainties that are reasonably likely to have a material impact on our results of operations.

Net
Income/Loss per Share

Basic
earnings/loss per share is calculated by dividing the loss attributable to stockholders by the weighted-average number of shares outstanding
for the period. Diluted loss per share reflects the potential dilution that could occur if securities or other contracts to issue common
stock were exercised or converted into common stock or resulted in the issuance of common stock that shared in our earnings (loss). Diluted
earnings/(loss) per share is computed by dividing the earnings/loss available to stockholders by the weighted average number of shares
outstanding for the period and dilutive potential shares outstanding unless such dilutive potential shares would result in anti-dilution.

    Year Ended December 31, 

    2024  
    2023 
  
    Net Income/(Loss) 
    $(2,518,827) 
    $(3,318,171)
  
    Net Income/(Loss) per Share 
    $(0.22) 
    $(0.37)
  
    Weighted Average Shares Outstanding, Basic 
     11,631,999  
     8,934,035 

Liquidity
and Capital Resources

The
following is a summary of the Company’s cash flows provided by (used in) operating, investing, and financing activities for the
years ended December 31, 2024, and 2023:

    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 

47

As
of December 31, 2024, the Company had $ 4,664,460 in current assets, comprised of $ 533,871