Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 193

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1
Chunk 193
---
, training platforms, reputation, and
sales and marketing effectiveness, all of which are factors upon which we believe we can compete successfully but will need greater financial
resources to do so.

Future
acquisitions may be unsuccessful and may negatively affect operations and financial condition.

We
plan to grow organically; however, we will opportunistically pursue potential acquisitions of complementary businesses. Should we acquire
other companies, the integration of businesses, personnel, product lines, and technologies might prove to be difficult, time consuming,
and risky. Any difficulties could disrupt our ongoing business, distract our management and employees, increase our expenses, and impair
our revenue and results of operations.

If
we are unable to hire additional personnel, we will have trouble growing our business.

Our
future success depends on our ability to attract, retain, and motivate skilled marketing, managerial, operational, and administrative
personnel. We plan to hire additional personnel in all areas of our business as we grow. Competition for qualified personnel is intense.
As a result, we may be unable to attract and retain qualified personnel. We may also be unable to retain the employees that we currently
employ. The failure to attract and retain highly competent personnel could seriously harm our business, financial condition, and operational
results.

16

Our
business depends on experienced and highly skilled technicians and business development personnel, and if we are unable to attract such
talent, it will be more difficult for us to manage our business and complete contracts.

The
success of our business depends on the skill of our personnel. Accordingly, it is critical that we maintain, and continue to build, a
highly experienced management team and specialized workforce, including designers, engineers, and sales professionals. Competition for
personnel – particularly those with expertise in government consulting and who possess a security clearance – is high, and
identifying candidates with the appropriate qualifications can be costly and difficult. We may not be able to hire the necessary personnel
to implement our business strategy given our anticipated hiring needs, or we may need to provide higher compensation or more training
to our personnel than we currently anticipate. In addition, our ability to recruit, hire, and indirectly deploy former employees of the
U.S. Government is subject to complex laws and regulations, which may serve as an impediment to our ability to attract such talent.

Our
business is labor intensive, and our success depends on our ability to attract, retain, train, and motivate highly skilled employees,
including employees who may become part of our organization in connection with