Laser Photonics Corp
For the period ended Dec 31, 2024. Filed Jun 24, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Jun 24, 2025
LASE$0.58-4.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheets as of December 31 2024 and 2023
| As of December 31, 2024 (Audited) | As of December 31, 2023 (Restated) | |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash and Cash Equivalents | $533,871 | $6,201,137 |
| Accounts Receivable, Net | 973,605 | 816,364 |
| Contract Assets | 759,658 | - |
| Inventory | 2,338,759 | 2,237,456 |
| Other Assets | 58,567 | 39,190 |
| Total Current Assets | 4,664,460 | 9,294,147 |
| Property, Plant, & Equipment, Net | 1,872,034 | 952,811 |
| Intangible Assets, Net | 5,458,522 | 4,279,986 |
| Other Long Term Assets | 316,378 | - |
| Operating Lease Right-of-Use Asset | 4,840,753 | 597,143 |
| Total Assets | 17,152,147 | 15,124,087 |
| Liabilities & Stockholders’ Equity | ||
| Current Liabilities: | ||
| Accounts Payable | 531,268 | 223,040 |
| Accounts Payable related parties | 27,988 | - |
| Deferred Revenue | 55,383 | 213,114 |
| Contract Liabilities | 1,042,090 | - |
| Current Portion of Operating Lease | 649,989 | 434,152 |
| Accrued Expenses | 266,717 | 161,538 |
| Total Current Liabilities | 2,573,435 | 1,031,844 |
| Long Term Liabilities: | ||
| Lease liability - less current | 4,366,419 | 162,991 |
| Total Long Term Liabilities | 4,366,419 | 162,991 |
| Total Liabilities | 6,939,854 | 1,194,835 |
| Stockholders’ Equity: | ||
| Preferred stock Par value $0.001: 10,000,000 shares authorized. 0 Issued: 0 shares were outstanding as of December 31, 2024 and December 31, 2023, respectively. | - | - |
| Common Stock Par Value $0.001: 100,000,000 shares authorized; 14,282,395 and 9,253,419 issued and 14,257,458 and 9,228,482 outstanding as December 31, 2024 and December 31, 2023, respectively | 14,257 | 9,253 |
| Additional Paid in Capital | 17,886,159 | 19,180,725 |
| Retained Earnings (Deficit) | (7,754,313) | (5,235,486) |
| Shares to be issued | 100,000 | - |
| Treasury Stock | (33,810) | (25,240) |
| Total Stockholders’ Equity | 10,212,293 | 13,929,252 |
| Total Liabilities & Stockholders’ Equity | $17,152,147 | $15,124,087 |
- See accompanying notes to financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.