Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 321

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 321
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 schedules and budgets, which may have an adverse effect on our financial results, harm our reputation,
and cause us to curtail our pursuit of new contracts. Further, any increase in demand for personnel may result in higher costs, causing
us to exceed the budget on a contract, which in turn may have an adverse effect on our business, financial condition, and operating results,
as well as harm our customer relationships.

We
face a higher risk of failure because we cannot accurately forecast our future revenues and operating results.

The
rapidly changing nature of the markets in which we compete makes it difficult to accurately forecast our revenues and operating results.
Moreover, we expect our future revenues and operating results to fluctuate due to a number of factors, including the following:

the
timing of sales of our products.

unexpected
delays in the introduction of new products.

increased
expenses, whether related to sales and marketing, or administration; and

costs
related to anticipated acquisitions of complementary businesses.

Our
products may suffer defects.

Our
products may suffer defects that may lead to substantial product liability, damage, or warranty claims. Given the complexity of the platforms
and systems inside our products, the potential for errors and defects is heightened. Significant expenses arising from product liability
or warranty claims could have a material adverse effect on our business, financial condition, and operating results.

17

We
need to increase the size and scale of our organization, and we may experience difficulties in managing such growth, which might impair
our financial performance.

We
need to strengthen our managerial, operational, and accounting infrastructure, in addition to integrating employees retained from other
companies that we might acquire. Future growth will impose significant added responsibilities on members of management, including the
need to identify, recruit, maintain, and integrate new employees. Our future financial performance and our ability to commercialize our
products will depend, in part, on our ability to manage any future growth effectively.

To
manage our future growth, we will need to continue to effect improvements in our managerial, operational, and accounting controls. All
of these measures will require significant expenditure and will demand the attention of management. If we fail to continue making enhancements
to our operational and financial controls in support of the growth in our business, we could develop operating and reporting inefficiencies
that could increase our costs more than we had planned, as well as impair our competitive position. If we are unable to manage growth
effectively, our business, financial condition, and operating results could be adversely affected