Company: LASE
Filing Date: 2025-08-15
Form Type: 10-Q
Source: 0001641172-25-024367
Chunk: 44

Company: Laser Photonics Corp
Filing Date: 2025-08-15
Form: 10-Q
Item: Part I, Item 3
Chunk 44
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 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 June 30, 2025, and 2024.

    Three Months Ending June 30,  
    Six Months Ending June 30, 

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

    Net Income (Loss) 
    $(1,773,902) 
    $(934,256) 
    $(3,454,625) 
    $(1,479,965)
  
    Add (deduct): 

    Interest expense 
     813,401  
     -  
     912,401  
     - 
  
    Taxes 
     47  
     12,629  
     26,964  
     12,629 
  
    Other 
     -  
     -  
     -  
     - 
  
    Depreciation & Amortization 
     339,123  
     245,894  
     576,134  
     431,210 
  
    EBITDA(1) 
     (621,331) 
     (675,733) 
     (1,939,126) 
     (1,036,126)
  
    Other adjustments 
     -  
     -  
        
     - 
  
    Adjusted EBITDA(2) 
    $(621,331) 
    $(675,733) 
    $(1,939,126) 
    $(1,036,126)

Off-Balance
Sheet Arrangements

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

18

Table of Contents

Pursuant
to Item 305(e) of Regulation S-K (§ 229.305(e)), the Company is not required to provide the information required by this Item as
it is a “smaller reporting Company,” as defined by Rule 229.10(f)(1).

We
have not utilized any