Company: LASE
Filing Date: 2025-12-23
Form Type: 10-Q
Source: 0001493152-25-028857
Chunk: 51

Company: Laser Photonics Corp
Filing Date: 2025-12-23
Form: 10-Q
Item: Part I, Item 2
Chunk 51
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the three months ending September 30, 2025, we recorded total expenses of $3,032,321 as compared to the three months ending in September
30,2024 of $2,315,317. SG&A expenses for the three months ending September 30, 2025, are $1,803,240 as compared to the three months
ending in September 30,2024 of $1,607,791. The significant increase in SG&A is primarily driven by comparative ramp up of costs in
2025 to establish our strategic plan to increase market reach and sales force as part of our Sales & Marketing Development and Investment
plan as noted in our previous 10-Q’s in accordance with “Use of Proceeds” as stated in our most recent Form S-1 Registration
Statement, coupled with higher personnel costs resulting from additional headcount, professional service fees, SEC compliance costs,
bad debt expenses, etc.

For
the nine months ending September 30, 2025, we recorded total expenses of $8,097,404  as compared to the nine months ending in September
30,2024 of $4,496,541. SG&A expenses for the nine months ending September 30, 2025, are $4,274,873 as compared to the nine months
ending in September 30,2024 of $2,802,725. The significant increase in SG&A is primarily driven by comparative ramp up of costs in
2025 to establish our strategic plan to increase market reach and sales force as part of our Sales & Marketing Development and Investment
plan as noted in our previous 10-Q’s in accordance with “Use of Proceeds” as stated in our most recent Form S-1 Registration
Statement, coupled with higher personnel costs resulting from additional headcount, professional service fees, SEC compliance costs,
bad debt expenses, etc.

Our
net loss, for the three months ending September 30, 2025, was $ 4,655,608, as compared to net loss of $1,625,268 in the same period of
2024.

Our
net loss, for the nine months ending September 30, 2025, was $ 8,110,233, as compared to net loss of $3,105,233 in the same period of
2024.

17

Table of Contents 

Liquidity
and Capital Resources

The
following is a summary of the Company’s cash flows provided and (