LASE on Nasdaq
Laser Photonics Corp
Laser Photonics Corp is an American miscellaneous electrical machinery company based in Lake Mary.1
Price unavailable
Last updated Oct 21, 2026.
Overview
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- TickerLASE on Nasdaq1
- IndustryMiscellaneous Electrical Machinery, Equipment & Supplies1
- HeadquartersOrlando, Florida1
- Incorporated inWY2
- Business address1101 North Keller Road, Suite G-2, Orlando, Fl 328102
- Filer category, Emerging growth company2
- Legal formCorporation
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Photonics Corporation, a Delaware corporation, and its consolidated subsidiaries.3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue86¢$7.1M
- Research and development6¢$513.6K
- Other costs8¢$688.7K
Out of $8.3M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Total Net Sales | $8.3M | $3.4M |
| Cost of Sales | $7.1M | $3.0M |
| Gross Profit | $1.2M | $415.0K |
| Sales and marketing | $1.8M | $1.8M |
| General and administrative | $8.1M | $3.6M |
| Research and development | $513.6K | $578.9K |
| Impairment of property, plant and equipment | $236.7K | |
| Impairment of intangible assets | $3.9M | $932.7K |
| Total Operating Expenses | $14.5M | $6.9M |
| Operating Loss | -$13.3M | -$6.5M |
| Financing costs additional notes principal added on default | -$738.9K | |
| Interest expense, net | -$3.6M | |
| Change in fair value of derivative liability | $313.9K | |
| Bargain purchase of acquisition | $3.9M | |
| Other income (expense), net | -$89.2K | $86.5K |
| Total other income (expenses), net | -$4.2M | $3.9M |
| Net Loss | -$17.5M | -$2.5M |
| Deemed dividend from software acquisition | -$6.6M | |
| Deemed dividend on common control acquisition | -$8.8M | |
| Deemed dividend on cashless exercise of warrants | -$6.3M | |
| Loss Attributed to Common Shareholders | -$32.6M | -$9.1M |
| Loss per share - basic | -$1.02 | -$0.22 |
| Loss per share - diluted | -$1.02 | -$0.22 |
| Loss per share (attributable to common shareholders), basic | -$2 | -$1 |
| Loss per share (attributable to common shareholders), diluted | -$2 | -$1 |
| Weighted average shares outstanding - basic | 17.1M shares | 11.6M shares |
| Weighted average shares outstanding - diluted | 17.1M shares | 11.6M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 4 fiscal years (annual) or 4 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2025-08-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash | $650.3K | $533.9K | ||
| Accounts receivable, net of allowance for expected credit losses of $0 and $285,486, respectively | $547.8K | $973.6K | ||
| Contract assets | $258.0K | $759.7K | ||
| Inventories, net of reserves of $503,835 and $776,638, respectively | $1.3M | $2.3M | ||
| Deferred financing costs | $125.0K | |||
| Prepaid expenses and other current assets | $120.8K | $58.6K | ||
| Total Current Assets | $3.0M | $4.7M | ||
| Property, plant, and equipment, net | $1.1M | $1.9M | ||
| Intangible assets, net | $922.7K | $5.5M | ||
| Right-of-use assets | $4.1M | $4.8M | ||
| Other long-term assets | $302.0K | $316.4K | ||
| TOTAL ASSETS | $9.4M | $17.2M | ||
| Accrued expenses | $918.3K | $266.7K | ||
| Deferred revenue | $1.2M | $55.4K | ||
| Contract liabilities | $1.2M | $1.0M | ||
| Lease liability, current | $214.0K | $650.0K | ||
| Derivative liability | $338.9K | $652.8K | ||
| Total Current Liabilities | $10.3M | $2.6M | ||
| Lease liability, non-current | $4.2M | $4.4M | ||
| Total Liabilities | $14.5M | $6.9M | ||
| Common Shares Par Value $0.001: 100,000,000 shares authorized; 22,852,753 and 14,282,395 issued, and 22,845,345 and 14,257,458 outstanding, at December 31, 2025 and 2024, respectively | $22.9K | $14.3K | ||
| Treasury shares (7,378 and 24,397 shares, respectively) | -$10.0K | -$33.8K | ||
| Additional paid in capital | $20.2M | $17.9M | ||
| Shares to be issued | $100.0K | |||
| Accumulated deficit | -$25.2M | -$7.8M | ||
| Total Stockholders (Deficit) Equity | -$5.0M | $10.2M | $13.9M | |
| TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY | $9.4M | $17.2M | ||
| Allowance for credit losses | $0 | $285.5K | ||
| Reserve inventory | $503.8K | $776.6K | ||
| Past due notes payable | $3.2M | |||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 100.0M shares | 100.0M shares | ||
| Common stock, shares issued | 22.9M shares | 14.3M shares | ||
| Common stock, shares outstanding | 22.8M shares | 14.3M shares | ||
| Treasury stock shares | 7.4K shares | 24.4K shares |
| Period ending | 2025-12-31 | 2025-08-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|---|
| Cash | $650.3K | $533.9K | ||
| Accounts receivable, net of allowance for expected credit losses of $0 and $285,486, respectively | $547.8K | $973.6K | ||
| Contract assets | $258.0K | $759.7K | ||
| Inventories, net of reserves of $503,835 and $776,638, respectively | $1.3M | $2.3M | ||
| Deferred financing costs | $125.0K | |||
| Prepaid expenses and other current assets | $120.8K | $58.6K | ||
| Total Current Assets | $3.0M | $4.7M | ||
| Property, plant, and equipment, net | $1.1M | $1.9M | ||
| Intangible assets, net | $922.7K | $5.5M | ||
| Right-of-use assets | $4.1M | $4.8M | ||
| Other long-term assets | $302.0K | $316.4K | ||
| TOTAL ASSETS | $9.4M | $17.2M | ||
| Accrued expenses | $918.3K | $266.7K | ||
| Deferred revenue | $1.2M | $55.4K | ||
| Contract liabilities | $1.2M | $1.0M | ||
| Lease liability, current | $214.0K | $650.0K | ||
| Derivative liability | $338.9K | $652.8K | ||
| Total Current Liabilities | $10.3M | $2.6M | ||
| Lease liability, non-current | $4.2M | $4.4M | ||
| Total Liabilities | $14.5M | $6.9M | ||
| Common Shares Par Value $0.001: 100,000,000 shares authorized; 22,852,753 and 14,282,395 issued, and 22,845,345 and 14,257,458 outstanding, at December 31, 2025 and 2024, respectively | $22.9K | $14.3K | ||
| Treasury shares (7,378 and 24,397 shares, respectively) | -$10.0K | -$33.8K | ||
| Additional paid in capital | $20.2M | $17.9M | ||
| Shares to be issued | $100.0K | |||
| Accumulated deficit | -$25.2M | -$7.8M | ||
| Total Stockholders (Deficit) Equity | -$5.0M | $10.2M | $13.9M | |
| TOTAL LIABILITIES AND STOCKHOLDERS (DEFICIT) EQUITY | $9.4M | $17.2M | ||
| Allowance for credit losses | $0 | $285.5K | ||
| Reserve inventory | $503.8K | $776.6K | ||
| Past due notes payable | $3.2M | |||
| Preferred stock, par value | $0.00 | $0.00 | ||
| Preferred stock, shares authorized | 10.0M shares | 10.0M shares | ||
| Preferred stock, shares issued | 0 shares | 0 shares | ||
| Preferred stock, shares outstanding | 0 shares | 0 shares | ||
| Common stock, par value | $0.00 | $0.00 | ||
| Common stock, shares authorized | 100.0M shares | 100.0M shares | ||
| Common stock, shares issued | 22.9M shares | 14.3M shares | ||
| Common stock, shares outstanding | 22.8M shares | 14.3M shares | ||
| Treasury stock shares | 7.4K shares | 24.4K shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net Loss | -$17.5M | -$2.5M |
| Bargain purchase of acquisition | -$3.9M | |
| Change in allowance for expected credit losses | -$285.5K | $285.5K |
| Change in inventory reserve | -$272.8K | |
| Depreciation and amortization | $1.1M | $972.1K |
| Debt discount amortization | $869.2K | |
| Financing costs for the additional note principal on default | $738.9K | |
| Financing costs from the issuance of notes payable | $242.8K | |
| Shares issued for compensation | $1.6M | $33.3K |
| Shares issued for services | $755.9K | |
| Distribution to affiliate | -$3.6M | -$5.8M |
| Impairment of property, plant, and equipment | $236.7K | |
| Impairment of intangible assets | $3.9M | $932.7K |
| Right-of-use assets | $730.2K | $448.2K |
| Change in fair value of derivative liability | -$313.9K | |
| Accounts receivable | $711.2K | $176.1K |
| Contract assets | $501.6K | -$759.7K |
| Inventory | $1.6M | $329.1K |
| Deferred financing costs | -$125.0K | |
| Prepaid expenses and other current assets | -$62.3K | $14.9K |
| Other long-term assets | $14.4K | -$316.4K |
| Accounts payable | $1.1M | $334.4K |
| Accounts payable related party | $321.5K | |
| Accrued expenses | $651.6K | $57.0K |
| Deferred revenue | $1.1M | -$157.9K |
| Contract liabilities | $162.9K | $942.1K |
| Lease liability | -$650.0K | -$272.5K |
| Net cash used in operating activities | -$6.4M | -$9.1M |
| Purchase of property and equipment | -$19.5K | -$352.8K |
| Cash paid for acquisition, net of cash received | -$625.0K | |
| Net cash used in investing activities | -$19.5K | -$977.8K |
| Proceeds from note payable, net of original issuance discount | $6.7M | |
| Repayment of notes payable | -$4.5M | |
| Proceeds from note payable related party | $751.0K | |
| Proceeds from the sale of treasury stock | $44.2K | |
| Proceeds from the sale of common shares | $3.5M | $4.4M |
| Net cash provided by financing activities | $6.5M | $4.4M |
| Net increase (decrease) in cash flow for period | $116.5K | -$5.7M |
| Recording of Right-of-Use property lease | $4.8M | |
| Shares issued for commons shares issuable | $100.0K | |
| Inventory transferred to property, plant and equipment | $507.9K | |
| Property, plant and equipment transferred to inventory | $70.3K | |
| Promissory note to extinguish warrants | $362.5K | |
| Fair value of common stock issued upon cashless exercise of warrant | $6.3M | $62 |
| Fair value of warrants accounted as a derivative liability | $652.8K | |
| Fair value of common stock issued upon acquisition of entity under common control | $8.4M | |
| Assets acquired from common controlled entity | $255.8K | |
| Shares issued for license agreement | $6.6M | |
| Treasury stock adjustment | -$8.6K |
No quarter-by-quarter statement was filed.
What it owns
What Laser Photonics Corp reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Accumulated depreciation | $2.5M9 Dec 31, 2024 | $730.0K9 Dec 31, 2023 | +244.3% |
| Property and equipment, net | $1.1M4 Dec 31, 2025 | $1.9M4 Dec 31, 2024 | −39.9% |
| Operating-lease assets (leased space) | $4.1M4 Dec 31, 2025 | $4.8M4 Dec 31, 2024 | −15.1% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $533.9K9 Dec 31, 2024 | $6.2M9 Dec 31, 2023 | −91.4% |
| Deposits held (banks) | $6.0M9 Dec 31, 2024 | $6.0M8 Dec 31, 2023 | 0% |
Intangibles and goodwill
| Item | Latest | A year before | Change |
|---|---|---|---|
| Intangible assets, net (excluding goodwill) | $922.7K4 Dec 31, 2025 | $5.5M4 Dec 31, 2024 | −83.1% |
| Finite-lived intangibles, gross | $922.7K4 Dec 31, 2025 | $5.5M4 Dec 31, 2024 | −83.1% |
| Accumulated amortization | $1.1M9 Dec 31, 2024 | $725.2K9 Dec 31, 2023 | +55.1% |
| Finite-lived intangibles, net | $922.7K4 Dec 31, 2025 | $5.5M9 Dec 31, 2024 | −83.1% |
Inventory
| Item | Latest | A year before | Change |
|---|---|---|---|
| Inventory, total | $1.3M4 Dec 31, 2025 | $2.3M4 Dec 31, 2024 | −45.0% |
| Work in process | $193.5K4 Dec 31, 2025 | $644.2K4 Dec 31, 2024 | −70.0% |
| Finished goods | $460.7K4 Dec 31, 2025 | $740.0K4 Dec 31, 2024 | −37.8% |
Properties, in its own words
On July 1, 2024, we entered into a lease agreement for 48,481 square feet of facility space at a base monthly rent of $50,354 with an annual increase of 3%, that has a term ending June 30, 2035. The location of the facility is 250 Technology Park, Lake Mary, FL.
On October 31, 2024, upon acquisition of Control Micro Systems, we assumed a lease agreement for 52,200 square feet of facility space at 4420 Metric Dr., Winter Park, FL at a base monthly rent of $27,770 per month. That lease was set to expire on October 31, 2025 but was renewed through October 31, 2026 at a base monthly rent of $54,930.
Item 2 of the 10-K filed Apr 20, 2026.3
Leadership
Who has led Laser Photonics Corp, and when. Pick a name to see everywhere that person has worked.
Chief executive
2025
- Chief executive officerWayne Tupuola Oct 3, 2022 to Oct 3, 202215
Board members and other officers (11)
- EVP Global Ops & StrategyAnuradha Tewari Mar 16, 2026 to now16
- Chief Design EngineerArnold Bykov Oct 3, 2022 to Oct 3, 202217
- VP R&D and Product DevelopmentIgor Vodopiyanov Oct 3, 2022 to Oct 3, 202218
- Secretary, Marketing DirectorTatiana Nikitina Oct 3, 2022 to Sep 16, 202419
- VP FinanceTim Schick Oct 3, 2022 to Oct 3, 202220
- Board memberQing Lu Mar 16, 2026 to now21
- Board memberArnold Bykov Oct 3, 2022 to Oct 3, 202217
- Board memberRyan Tennyson Oct 3, 2022 to Oct 3, 202222
- Board memberShara Pathak Oct 3, 2022 to Oct 3, 202223
- Board memberTatiana Nikitina Oct 3, 2022 to Oct 3, 202219
- Board memberWayne Tupuola Oct 3, 2022 to Oct 3, 202215
Named in SEC Form D filings
People the company listed in its private-offering notices.
- Ann Tewari is serving as Interim President as a result of the three month leave of absence being taken by Wayne Tupuola commencing June 16, 2026, who was serving as a Director and President and CEO of Laser Photonics Corporation.Ann Tewari named Jul 21, 202624
- Executive OfficerCarlos Sardinas named Sep 6, 2024 to Oct 10, 202525
- DirectorCarlos Gonzalez named Oct 10, 2025 to Jul 21, 202624
- DirectorTim Miller named Oct 10, 2025 to Jul 21, 202624
- DirectorTroy Parkos named Oct 10, 2025 to Jul 21, 202624
- DirectorCarlos Garcia named Mar 20, 202626
- DirectorCarlos. Duke Gonzalez named Sep 6, 202427
- DirectorTim Duke Miller named Sep 6, 202427
- DirectorTroy Duke Parkos named Sep 6, 202427
Timeline
- Sep 15, 20268-K Regulation FD disclosure28
- Sep 8, 20268-K Executive or director change29
- Aug 26, 20268-K Executive or director change30
- Jul 24, 20268-K Change of auditor31
- Jul 20, 20268-K Entered a material agreement; Unregistered sale of shares; Regulation FD disclosure32
- Jun 30, 20268-K Shareholder vote; Regulation FD disclosure33
- Jun 25, 20268-K Executive or director change34
- Jun 23, 20268-K Executive or director change35
- Jun 12, 20268-K Listing notice or transfer36
- Jun 11, 20268-K Regulation FD disclosure37
- May 22, 20268-K Listing notice or transfer38
- May 12, 20268-K Executive or director change; Regulation FD disclosure39
- Oct 3, 2022New chief executive Wayne Tupuola becomes CEO15
Filings
256 filings to the SEC since October 2021: 11 annual reports, 21 quarterly reports, 72 major events, 23 insider forms, 5 private raises, 124 other. The latest 20:
- Oct 7, 20263 EDGAR
- Sep 15, 20268-K EDGAR
- Sep 14, 2026424B4 EDGAR
- Sep 14, 2026POS EX EDGAR
- Sep 10, 2026EFFECT EDGAR
- Sep 9, 2026S-1/A EDGAR
- Sep 9, 2026S-1/A EDGAR
- Sep 8, 20268-K EDGAR
- Sep 4, 2026S-1 EDGAR
- Aug 26, 20268-K EDGAR
- Aug 14, 202610-Q EDGAR
- Aug 6, 2026EFFECT EDGAR
- Jul 30, 2026S-1 EDGAR
- Jul 24, 20268-K EDGAR
- Jul 21, 2026D EDGAR
- Jul 20, 20268-K EDGAR
- Jul 16, 2026EFFECT EDGAR
- Jul 16, 2026424B3 EDGAR
- Jul 10, 2026S-1 EDGAR
- Jun 30, 20268-K EDGAR
The 256 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
7 open-market trades by officers, directors and large owners since October 2021: 6 buys and 1 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Apr 30, 2026 | Lu QingDirector | Buy | 27,000 | $0.75 | $20.2K | Form 4 |
| Apr 29, 2026 | Lu QingDirector | Buy | 35,000 | $0.63 | $22.2K | Form 4 |
| Apr 27, 2026 | Lu QingDirector | Buy | 7,000 | $0.63 | $4.4K | Form 4 |
| Apr 25, 2026 | Lu QingDirector | Sale | 5,800 | $0.98 | $5.7K | Form 4 |
| Sep 10, 2024 | Nikitina TatianaFormer Officer | Buy | 50 | $9.16 | $458 | Form 4 |
| Dec 9, 2022 | Nikitin Dmitriy10% owner | Buy | 2,385 | $1.93 | $4.6K | Form 4 |
| Oct 4, 2022 | Nikitina TatianaFormer Officer | Buy | 98 | $2.34 | $229 | Form 4 |
From Forms 4 filed with the SEC.
Executive pay
What the company paid its top executives, from the summary compensation table in its proxy statement. Total pay includes salary, bonus, stock and option awards and other pay, as the company valued them.
Money raised
Private offerings the company reported to the SEC on Form D.
- Jul 16, 2026Raised $2.5 million in a private offering of equity Form D: 5 investors so far Form D
- Apr 27, 2026Raised $4 million in a private offering of equity Form D: 4 investors so far Form D
- Mar 17, 2026Raised $1.5 million in a private offering of equity Form D: 4 investors so far Form D
- Sep 30, 2025Raised $4 million in a private offering of equity Form D: 3 investors so far Form D
- Aug 19, 2024Raised $3 million in a private offering of equity Form D: 13 investors so far Form D
Held by these funds
The largest holders among investment managers' 13F reports for the quarter ending Jun 30, 2026, the top 25 of 40. Change is in shares since the quarter before.
| Fund | Shares | Value | Share of the fund | Change |
|---|---|---|---|---|
| Vanguard Capital Management LLC | 1,439,265 | $2.4M | 0.0% | +948,478 |
| Susquehanna International Group, Llp | 381,136 | $628.9K | 0.0% | +367,016 |
| Renaissance Technologies LLC | 344,055 | $567.7K | 0.0% | New |
| Geode Capital Management, LLC | 307,992 | $508.2K | 0.0% | +60,927 |
| BlackRock, Inc. | 202,392 | $333.9K | 0.0% | +56,245 |
| Vanguard Fiduciary Trust Co | 179,165 | $295.6K | 0.0% | +91,565 |
| Marshall Wace, Llp | 166,721 | $275.1K | 0.0% | New |
| UBS Group AG | 162,443 | $268.0K | 0.0% | +112,129 |
| Scientech Research LLC | 122,789 | $202.6K | 0.2% | New |
| State Street Corp | 94,600 | $156.1K | 0.0% | +62,200 |
| Northern Trust Corp | 68,264 | $112.6K | 0.0% | +55,196 |
| Jane Street Group, LLC | 51,546 | $85.1K | 0.0% | New |
| Caitong International Asset Management Co., Ltd | 44,763 | $73.9K | 0.0% | +44,762 |
| Citigroup Inc | 44,258 | $73.0K | 0.0% | New |
| LPL Financial LLC | 29,691 | $49.0K | 0.0% | +480 |
| Tower Research Capital LLC (TRC) | 18,644 | $30.8K | 0.0% | +11,442 |
| Farther Finance Advisors, LLC | 18,000 | $29.7K | 0.0% | +2,000 |
| Citadel Advisors LLC | 17,716 | $29.2K | 0.0% | New |
| Vontobel Holding Ltd. | 15,000 | $25.1K | 0.0% | New |
| CIBC Bancorp USA Inc. | 13,000 | $21.4K | 0.0% | New |
| Mariner, LLC | 10,651 | $17.6K | 0.0% | New |
| Allworth Financial LP | 10,500 | $17.3K | 0.0% | +3,000 |
| Jones Financial Companies Lllp | 9,947 | $17.0K | 0.0% | New |
| Cresset Asset Management, LLC | 10,000 | $16.5K | 0.0% | New |
| Hm Payson & Co | 9,250 | $15.3K | 0.0% | No change |
13F reports cover disclosed long positions in U.S. stocks only.
SEC filer profile
How Laser Photonics Corp is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARLaser Photonics Corp1
- CIK0001807887
- Employer ID (EIN)84-36287713
- Filer statusNon-accelerated filer an emerging growth company; a smaller reporting company; a shell company3
- Incorporated inDelaware3
- Fiscal year endsDecember 311
- Industry code (SIC)3690 Miscellaneous Electrical Machinery, Equipment & Supplies1
- SEC reviewing officeOffice of Manufacturing, Division of Corporation Finance1
- Business address1101 North Keller Road, Suite G-2, Orlando, FL 328101
- Phone407-804-10001
- Shares outstanding50,177,716 as of Aug 14, 202612
- Public float$26.1M as of Jun 30, 20253
- AuditorWeinberg & Company, P.A., Los Angeles, California PCAOB ID 5723
- On EDGAR sinceApr 30, 20201
- Filings279 in all: 8-K (68), CORRESP (32), UPLOAD (25), 10-Q (19), S-1/A (18), 3 (13), NT 10-Q (11), S-1 (9)1
All 36 form types
EFFECT (8), 10-Q/A (7), 4 (7), 10-K (6), 10-K/A (6), D (5), NT 10-K (5), 424B3 (4), 8-K/A (4), DEF 14A (4), 10-12G/A (3), 424B4 (3), DRS (3), PRE 14A (3), 4/A (2), DEFR14A (2), 10-12G (1), 3/A (1), 8-A12B (1), CERT (1), DEF 14C (1), DRS/A (1), DRSLTR (1), FWP (1), POS EX (1), PRE 14C (1), PRER14C (1), RW (1)
- Latest filingsAnnual report (10-K) Apr 20, 2026
Quarterly report (10-Q) Aug 14, 2026
Proxy statement (DEF 14A) Jun 3, 2026
Latest 8-K (8-K) Sep 15, 2026
Securities registered for trading
| Class | Symbol | Exchange |
|---|---|---|
| LASE | Nasdaq |
From the cover page of the 10-K filed Apr 20, 2026 (Section 12(b) of the Exchange Act).3
Risk factors and legal proceedings
The risks Laser Photonics Corp names in Item 1A of its 10-K filed Apr 20, 2026: 49 risks under these headings, as written.3
- Risks Related to our Business and Our Industry
- We may need to raise additional capital.
- If our proposed marketing efforts are unsuccessful, we may not earn enough revenue to scale the business profitably.
- We may be unable to respond to rapid technological changes and innovative products.
- There is intense competition in our market.
- Future acquisitions may be unsuccessful and may negatively affect operations and financial condition.
- If we are unable to hire additional personnel, we will have trouble growing our business.
- Our business depends on experienced and highly skilled technicians and business development personnel, and if we are unable to attract such talent, it will be more difficult for us to manage our business and complete contracts.
- We face a higher risk of failure because we cannot accurately forecast our future revenues and operating results.
- Our products may suffer defects.
- We need to increase the size and scale of our organization, and we may experience difficulties in managing such growth, which might impair our financial performance.
- Insurance and contractual protections may not always cover lost revenue, increased expenses, or liquidated damages payments, which could adversely affect our financial results.
The other 38 risks
- Internal system or service failures could disrupt our business and impair our ability to effectively provide our services and products to our customers, which could damage our reputation and adversely affect our revenues and profitability.
- Our financial performance could be adversely affected by decreases in spending on technology products and services by our public sector customers.
- Our business could be adversely affected by the loss of certain vendor partner relationships and the availability of their products.
- We expect to enter joint ventures, teaming and other arrangements, and these activities involve risks and uncertainties.
- Our business and operations expose us to numerous legal and regulatory requirements and any violation of these requirements could harm our business.
- As a manufacturer of laser cleaning equipment and laser processing systems our future success depends on our ability to effectively balance manufacturing production with market demand and reducing our manufacturing cost per watt.
- We have relationships with ICT Investments and its affiliates that could adversely affect our business, financial condition, liquidity and results of operations.
- We expect to increase our business with the U.S. Government, and changes in government defense spending could have adverse consequences on our financial position, results of operations and business.
- Our financial performance is dependent on our ability to perform on our current and future expected U.S. Government contracts, which are subject to termination for convenience, which could harm our financial performance.
- Our failure to comply with a variety of complex procurement rules and regulations could result in our being liable for penalties, including termination of our current and anticipated U.S. Government contracts, disqualification from bidding on future U.S. Government contracts and suspension or debarment from U.S. Government contracting that could adversely affect our financial condition.
- The U.S. Government may adopt new contract rules and regulations or revise its procurement practices in a manner adverse to us at any time.
- We may incur cost overruns because of fixed priced government contracts which would have a negative impact on our operations.
- Misconduct of employees, subcontractors, agents and business partners could cause us to lose existing contracts or customers and adversely affect our ability to obtain new contracts and customers and could have a significant adverse impact on our business and reputation.
- We may fail to obtain and maintain necessary security clearances, which may adversely affect our ability to perform on certain anticipated U.S. government contracts and depress our potential revenues.
- Our future revenues and growth prospects could be adversely affected by our dependence on other contractors.
- Our international business exposes us to geo-political and economic factors, regulatory requirements and other risks associated with doing business in foreign countries.
- Our international operations are subject to special U.S. government laws and regulations, such as the Foreign Corrupt Practices Act, and regulations and procurement policies and practices, including regulations to import-export control, which may expose us to liability or impair our ability to compete in international markets.
- As a U.S. defense contractor, we are vulnerable to security threats and other disruptions that could negatively impact our business.
- Difficult conditions in the global capital markets and the economy generally may materially adversely affect our business and results of operations.
- 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.
- If we are unable to prevent disclosure of our trade secrets or other confidential information to third parties, our competitive position may be impaired.
- If we are sued for infringing intellectual property rights of third parties, it will be costly and time consuming, and an unfavorable outcome in that litigation could harm our business.
- We may become involved in lawsuits to protect or enforce our patents or other intellectual property, which could be expensive, time consuming and unsuccessful.
- We may not be able to enforce our intellectual property rights throughout the world.
- Risks Related to Investing in Our Common Stock
- We are an “emerging growth company” as defined in the Jumpstart Our Business Startups Act of 2012, and we cannot be certain if the reduced disclosure requirements applicable to emerging growth companies will make our common stock less attractive to investors.
- Our largest stockholder beneficially owns a significant number of shares of our common stock. That stockholder’s interests may conflict with other stockholders, who may be unable to influence management and exercise control over our business.
- We do not intend to pay cash dividends to our stockholders.
- Some provisions of our certificate of incorporation and bylaws may deter takeover attempts, which may inhibit a takeover that stockholders consider favorable and limit the opportunity of our stockholders to sell their shares at a favorable price.
- Our indemnification of our officers and directors may cause us to use corporate resources to the detriment of our stockholders.
- Our bylaws include a forum selection clause, which could limit our stockholders’ ability to obtain a favorable judicial forum for disputes with us, remove current management or to be acquired by a third party.
- The obligations associated with being a public company require significant resources and management attention, which may divert from our business operations.
- Public company compliance may make it more difficult to attract and retain officers and directors.
- If we fail to establish and maintain an effective system of internal controls, we may not be able to report our financial results accurately or prevent fraud. Any inability to report and file our financial results accurately and timely could harm our reputation and adversely impact the trading price of our common stock.
- Our stock price may be volatile.
- If our shares of common stock become subject to the penny stock rules, it would become more difficult to trade our shares.
- FINRA sales practice requirements may limit a stockholder’s ability to buy and sell our stock.
- If securities or industry analysts do not publish research or reports about our business, or publish negative reports about our business, our share price and trading volume could decline.
- Offers or availability for sale of a substantial number of shares of our common stock may cause the price of our common stock to decline.
Legal proceedings
From time to time, we have been and will continue to be subject to legal proceedings and claims. We are not presently a party to any legal proceedings that, if determined adversely to us, would individually or taken together have a material adverse effect on our business, results of operations, financial condition, or cash flows.
The opening of Item 3, Legal Proceedings.3
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 17SEC EDGARArnold Bykov, Chief Design Engineer
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- 20SEC EDGARTim Schick, VP Finance
- 21SEC EDGARQing Lu, Board member
- 22SEC EDGARRyan Tennyson, Board member
- 23SEC EDGARShara Pathak, Board member
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- 28SEC EDGARRegulation FD disclosure
- 29SEC EDGARExecutive or director change
- 30SEC EDGARExecutive or director change
- 31SEC EDGARChange of auditor
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- 34SEC EDGARExecutive or director change
- 35SEC EDGARExecutive or director change
- 36SEC EDGARListing notice or transfer
- 37SEC EDGARRegulation FD disclosure
- 38SEC EDGARListing notice or transfer
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