Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 1283

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 8
Chunk 1283
---
INDEX
TO FINANCIAL STATEMENTS

    Report of Independent Registered Independent Registered Public Accounting Firm (PCAOB ID:2738)
     
    F-1
  
    Balance Sheets as of December 31 2024 and 2023
     
    F-3
  
    Statements of Operations for the years ended December 31, 2024 and 2023
     
    F-4
  
    Statements of Stockholders’ Equity (deficit) for the years ended December 31 2024 and 2023
     
    F-5
  
    Statements of Cash Flows for the years ended December 31 2024 and 2023
     
    F-6
  
    Notes to Financial Statements
     
    F-7

51

Table Of Contents

REPORT
OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 

To
the Board of Directors and Stockholders of Laser Photonics Corporation

Opinion
on the Consolidated Financial Statements

We have audited the accompanying consolidated balance sheet of Laser Photonics
Corporation (the Company) as of December 31, 2024, and the related consolidated statements of operations, stockholders’ equity,
and cash flows for the year-ended December 31, 2024, and the related notes (collectively referred to as the financial statements). In
our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as
of December 31, 2024, and the results of its consolidated operations and its cash flows for the year ended December 31, 2024, in conformity
with accounting principles generally accepted in the United States of America. The consolidated financial statements of Laser Photonics
Corporation as of December 31, 2023 were audited by other auditor whose report dated April 16, 2024, except for certain items disclosed
in Note 7, as to which the date is August 27, 2024, expressed an unqualified opinion on those statements.

Going
Concern

The accompanying consolidated financial statements
have been prepared assuming that the Company will continue as a going concern. As discussed in Note 1 to the consolidated financial statements,
the Company has not earned sufficient revenue since inception and has sustained operating losses during the year ended December 31, 2024,
which raises substantial doubt about its ability to continue as a going concern. Management’s plans regarding those matters are
discussed in Note 1