Company: LASE
Filing Date: 2025-08-15
Form Type: 10-Q
Source: 0001641172-25-024367
Chunk: 16

Company: Laser Photonics Corp
Filing Date: 2025-08-15
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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Earnings/Loss per Share

Basic
Earnings/Loss per share is calculated by dividing the Earnings/Loss attributable to stockholders by the weighted-average
number of shares outstanding for the period. Diluted Earnings/Loss per share reflects the potential dilution that could occur
if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common
stock that shared in the earnings (loss) of the Company. Diluted Earnings/Loss per share is computed by dividing the Earnings/Loss
available to stockholders by the weighted average number of shares outstanding for the period and dilutive potential shares outstanding
unless such dilutive potential shares would result in anti-dilution.

NOTE
3 – STOCKHOLDERS’ EQUITY/DEFICIT

General

The
following description of our securities and certain provisions of our amended and restated certificate of incorporation and amended and
restated bylaws are summaries and are qualified by reference to the amended and restated certificate of incorporation and our bylaws
that will be in effect on the closing of this offering. Copies of these documents have been filed with the SEC as exhibits to our registration
statement, of which this prospectus forms a part. The descriptions of the Shares, and preferred stock, reflect changes to our capital
structure that will be in effect on the closing of this offering. In the second quarter of 2025 distributions to affiliate company Fonon
Corporation totalled $736,836. They include sales, marketing, payroll, and other shared costs associated with Fonon Corporation.

Preferred
Stock

    ●
    Par
    value: 0.001

    ●
    Authorized:
    10,000,000

    ●
    Issued:
    There were no preferred shares issued and outstanding as of June 30, 2025

Common
Stock

    ●
    Par
    value: 0.001

    ●
    Authorized:
    100,000,000

    ●
    Issued:
    14,301,087
    as of June 30, 2025

Treasury
Stock

●In
                                            October 2023, the Company repurchased a total of 24,394 shares of the Common Stock.

In
January 2025 18,692 shares of common stock were issued as part of the payment for the purchase of the assets and certain liabilities
of Control Micro System (CMS Laser