Company: LASE
Filing Date: 2025-12-23
Form Type: 10-Q
Source: 0001493152-25-028857
Chunk: 61

Company: Laser Photonics Corp
Filing Date: 2025-12-23
Form: 10-Q
Item: Part I, Item 3
Chunk 61
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 by other companies, and any such differences could
    be material.

We
believe EBITDA and Adjusted EBITDA are helpful for investors to better understand our underlying business operations. The following table
adjusts Net Income to EBITDA and Adjusted EBITDA for the three months ending September 30, 2025, and 2024.

    Three
    Months Ended September 30,  
    Nine
    Months Ended September 30, 

    2025
    (Unaudited)  
    2024
    (Unaudited)  
    2025
    (Unaudited)  
    2024
    (Unaudited) 
  
    Reconciliation
    of EBITDA: 

    Net
    Loss 
    $(4,655,608) 
     (1,625,268) 
    $(8,110,233) 
    $(3,105,233)
  
    Add
    (deduct): 

    Interest
    expense 
     1,445,390  
        
     2,357,790  
     - 
  
    Taxes 
     -  
     151,035  
     -  
     163,664 
  
    Other 
     -  
        
     (1,594) 
     - 
  
    Depreciation
    & Amortization 
     291,955  
     238,617  
     868,089  
     669,827 
  
    EBITDA 
     (2,918,263) 
     (1,235,616) 
     (4,885,948) 
     (2,271,742)
  
    Other
    adjustments 
     -  
     -  
     -  
     - 
  
    Adjusted
    EBITDA 
    $(2,918,263) 
     (1,235,616) 
    $(4,885,948) 
    $(2,271,742)

Off-Balance
Sheet Arrangements

As
of September 30, 2025, we did not have any off-balance sheet arrangements.

Pursuant
to Item 305(e) of Regulation S-K (§ 229.305(e)), the Company is not required