Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 449

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1B
Chunk 449
---
  
     2,897,776 
  
    Operating Expenses 
     7,944,389  
     6,246,011 
  
    Income (Loss) from Operations 
     (6,463,343) 
     (3,348,235)
  
    Interest Expense 
        
     - 
  
    Other (Income) Expense 
     3,944,516  
     30,063 
  
    Income Tax Provision 
        
     - 
  
    Net Income (Loss) 
     (2,518,827) 
     (3,318,172)
  
    Income (Loss) per Common Share 
    $(0.22) 
    $(0.37)

Balance
sheet data:

    December 31, 

    2024  
    2023 
  
    Balance sheet data: 

    Cash 
    $533,871  
    $6,201,137 
  
    Total Assets 
     17,152,147  
     15,124,087 
  
    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,