Company: LASE
Filing Date: 2025-06-24
Form Type: 10-K
Source: 0001641172-25-016194
Chunk: 333

Company: Laser Photonics Corp
Filing Date: 2025-06-24
Form: 10-K
Item: Item 1A
Chunk 333
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 materially adversely affect our business and results of operations.

Our
results of operations are materially affected by conditions in the global capital markets and the economy generally, both in the U.S.
and elsewhere around the world. Weak economic conditions sustained uncertainty about global economic conditions, concerns about future
U.S. budgetary cuts, or a prolonged or further tightening of credit markets could cause our customers and potential customers to postpone
or reduce spending on technology products or services or put downward pressure on prices, which could have an adverse effect on our business,
results of operations or cash flows. In the event of extreme prolonged adverse market events, such as a global credit crisis, we could
incur significant losses.

23

Inflation
has been on the rise and continues to destabilize the global economy. The Russia Ukraine conflict and other geopolitical tensions, as
well as the related international response, have exacerbated inflationary pressures, including causing increases in the price for goods
and services and exacerbated global supply chain disruptions, which have resulted in, and may continue to result in, shortages in materials
and services and related uncertainties. Such shortages have resulted in and may continue to result in cost increases for labor, fuel,
materials and services, and could continue to cause costs to increase, and result in the scarcity of certain materials. We cannot predict
any future trends in the rate of inflation or other negative economic factors or associated increases in our operating costs and how
that may impact our business. To the extent we are unable to recover higher operating costs resulting from inflation or otherwise mitigate
the impact of such costs on our business, our revenues and gross profit could decrease, and our financial condition and results of operations
could be adversely affected.

Risks
Related to Our Intellectual Property

Our
success may depend on our ability to obtain and protect the proprietary information on which we base our laser-based cleaning equipment.

In
the event we acquire companies with intellectual property (“IP”) that is important to the development of our laser cleaning
products, we will need to:

    ●
    Obtain
    valid and enforceable patents;

    ●
    Protect
    trade secrets; and

    ●
    Operate
    without infringing upon the proprietary rights of others.

We
will be able to protect our proprietary technology from unauthorized use by third parties only to the extent that such proprietary rights
are covered by valid and enforceable patents or are effectively maintained as trade secrets. Any non-confidential disclosure or misappropriation
by third parties of our confidential or proprietary information