Company: LASE
Filing Date: 2025-08-15
Form Type: 10-Q
Source: 0001641172-25-024367
Chunk: 0

Company: Laser Photonics Corp
Filing Date: 2025-08-15
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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LASER
PHOTONICS CORPORATION

CONSOLIDATED
CONDENSED BALANCE SHEETS

    As of June 30, 2025
 (Unaudited)  
    As of December 31, 2024
(Audited) 
  
    Assets 

    Current Assets: 

    Cash and Cash Equivalents 
    $78,522  
    $533,871 
  
    Accounts Receivable, Net 
     877,522  
     973,605 

    Contract Assets 
     657,103  
     759,658 
  
    Inventory 
     1,476,637  
     2,338,759 
  
    Other Assets 
     256,118  
     58,567 
  
    Total Current Assets 
     3,345,902  
     4,664,460 
  
    Property, Plant, & Equipment, Net 
     1,652,952  
     1,872,034 
  
    Intangible Assets, Net 
     5,138,861  
     5,458,522 
  
    Other Long Term Assets 
     316,378  
     316,378 
  
    Operating Lease Right-of-Use Asset 
     4,486,758  
     4,840,753 
  
    Total Assets 
    $14,940,851  
    $17,152,147 

    Liabilities & Stockholders’ Equity 

    Current Liabilities: 

    Accounts Payable 
    $1,484,062  
    $531,268 
  
    Account payable -affiliates/RP 
     126,739  
     27,988 

    Account payable 
     126,739  
     27,988 

    Short term loan 
     1,210,923  
     - 
  
    Short term loan - affiliates/ RP 
     620,000  
     - 
  
    Short term loan 
     620,000  
     - 

    Deferred Revenue 
     319,872  
     55,383 
  
    Contract Liabilities 
     1,577,417  
     1,042,090 
  
    Current Portion of Operating Lease 
     440,468  
     649,989