Laser Photonics Corp Financials
This page shows Laser Photonics Corp (LASE) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 7 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Revenue growth in FY2025 came with thin gross profit, leaving the business dependent on outside capital rather than internal cash.
FY2025 revenue more than doubled to$8.3M , yet gross margin remained only14.4% ; the added volume still produced too little gross profit per sale to change the business economics. That weak unit economics met SG&A of$8.1M and interest expense of$3.6M , which helps explain why larger sales coincided with a deeper net loss and another year of cash burn.
The balance sheet flipped from positive equity in FY2024 to negative equity in FY2025, while the current ratio fell to 0.3x from 1.8x. That combination says short-term obligations now outweigh near-term resources, so day-to-day funding depends more on fresh financing than on internally generated liquidity.
Cash losses broadly matched accounting losses rather than being cushioned elsewhere: operating cash flow was
Financial Health Signals
Scored against emerging companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Laser Photonics Corp's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Laser Photonics Corp scores -6.02, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($58.1M) relative to total liabilities ($14.5M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Laser Photonics Corp passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 1 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), both operating efficiency signals pass.
For every $1 of reported earnings, Laser Photonics Corp generates $0.37 in operating cash flow (-$6.4M OCF vs -$17.5M net income). This low ratio suggests earnings are primarily driven by accounting accruals rather than cash generation, which may not be sustainable.
Laser Photonics Corp earns $-3.6 in operating income for every $1 of interest expense (-$13.3M vs $3.6M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Laser Photonics Corp generated $8.3M in revenue in fiscal year 2025. This represents an increase of 144.3% from the prior year.
Laser Photonics Corp's EBITDA was -$12.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 121.8% from the prior year.
Laser Photonics Corp reported -$17.5M in net income in fiscal year 2025. This represents a decrease of 593.0% from the prior year.
Laser Photonics Corp earned $-1.02 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 363.6% from the prior year.
Cash & Balance Sheet
Laser Photonics Corp held $650K in cash against $0 in long-term debt as of fiscal year 2025.
Laser Photonics Corp had 22M shares outstanding in fiscal year 2025. This represents an increase of 56.6% from the prior year.
Margins & Returns
Laser Photonics Corp's gross margin was 14.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is up 2.3 percentage points from the prior year.
Laser Photonics Corp's operating margin was -159.3% in fiscal year 2025, reflecting core business profitability. This is up 29.9 percentage points from the prior year.
Laser Photonics Corp's net profit margin was -209.2% in fiscal year 2025, showing the share of revenue converted to profit. This is down 135.5 percentage points from the prior year.
Capital Allocation
Laser Photonics Corp invested $514K in research and development in fiscal year 2025. This represents a decrease of 11.3% from the prior year.
LASE Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $916K-63.9% | $2.5M+175.6% | $919K-64.6% | $2.6M+13.5% | $2.3M+71.9% | $1.3M+85.9% | $717K+15.0% | $623K |
| Cost of Revenue | $1.3M-62.1% | $3.4M+211.2% | $1.1M-8.7% | $1.2M-13.0% | $1.4M-37.6% | $2.2M+1976.6% | $107K-65.2% | $308K |
| Gross Profit | -$388K+57.0% | -$903K-388.3% | -$185K-113.3% | $1.4M+54.4% | $900K+200.5% | -$896K-247.0% | $609K+93.2% | $315K |
| R&D Expenses | $127K+46.5% | $87K-34.3% | $132K+0.6% | $131K-19.7% | $163K-59.9% | $408K+549.9% | $63K+4.3% | $60K |
| SG&A Expenses | $1.6M-60.9% | $4.2M+173.9% | $1.5M+119.6% | $697K-57.4% | $1.6M-6.1% | $1.7M+65.4% | $1.1M+141.7% | $436K |
| Operating Income | -$2.8M+63.2% | -$7.5M-134.3% | -$3.2M-234.2% | -$963K+38.8% | -$1.6M+52.0% | -$3.3M-92.1% | -$1.7M-83.1% | -$932K |
| Interest Expense | $385K | N/A | N/A | N/A | $99K | N/A | N/A | N/A |
| Income Tax | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Net Income | -$2.9M+68.5% | -$9.3M-100.7% | -$4.7M-162.5% | -$1.8M-5.5% | -$1.7M-386.6% | $586K+136.1% | -$1.6M-74.0% | -$934K |
| EPS (Diluted) | $-0.16 | N/A | $-0.27-125.0% | $-0.120.0% | $-0.12 | N/A | $-0.13-44.4% | $-0.09 |
LASE Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $10.9M+15.4% | $9.4M-45.9% | $17.5M+16.9% | $14.9M-6.8% | $16.0M-6.5% | $17.2M+61.5% | $10.6M-4.1% | $11.1M |
| Current Assets | $4.5M+51.5% | $3.0M-56.1% | $6.8M+103.5% | $3.3M-16.3% | $4.0M-14.3% | $4.7M-2.1% | $4.8M-16.4% | $5.7M |
| Cash & Equivalents | $1.6M+150.3% | $650K-82.1% | $3.6M+4515.9% | $79K-56.2% | $179K-66.5% | $534K-74.8% | $2.1M-22.8% | $2.7M |
| Inventory | $1.2M-3.3% | $1.3M-40.0% | $2.1M+45.3% | $1.5M-26.2% | $2.0M-14.4% | $2.3M+27.8% | $1.8M-13.0% | $2.1M |
| Accounts Receivable | $1.1M+102.4% | $548K+42.1% | $385K-56.1% | $878K | N/A | $974K-0.8% | $981K+120.0% | $446K |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $12.6M-13.0% | $14.5M+8.4% | $13.4M+26.0% | $10.6M+15.4% | $9.2M+32.4% | $6.9M+643.7% | $933K+17.1% | $797K |
| Current Liabilities | $8.5M-17.6% | $10.3M+12.9% | $9.2M+44.3% | $6.3M+30.1% | $4.9M+89.3% | $2.6M+190.2% | $887K+43.0% | $620K |
| Long-Term Debt | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | -$1.7M+66.2% | -$5.0M-222.9% | $4.1M-5.5% | $4.3M-36.7% | $6.8M-32.9% | $10.2M+5.4% | $9.7M-5.8% | $10.3M |
| Retained Earnings | -$28.2M-11.7% | -$25.2M-58.9% | -$15.9M-41.5% | -$11.2M-18.8% | -$9.4M-21.7% | -$7.8M+7.0% | -$8.3M-24.2% | -$6.7M |
LASE Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$1.8M+62.9% | -$5.0M-750.1% | $763K+173.7% | -$1.0M+10.5% | -$1.2M+82.2% | -$6.5M-1130.1% | $633K+126.5% | -$2.4M |
| Capital Expenditures | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Free Cash Flow | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Investing Cash Flow | -$98K-3277.9% | $3K | $0 | $0+100.0% | -$23K+96.7% | -$689K-675.4% | -$89K-133.9% | -$38K |
| Financing Cash Flow | $2.9M+47.1% | $2.0M-28.7% | $2.8M+197.7% | $935K+13.3% | $825K-85.3% | $5.6M+580.4% | -$1.2M | $0 |
| Dividends Paid | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
LASE Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | -42.4%-6.8pp | -35.7%-15.5pp | -20.1%-73.6pp | 53.5%+14.2pp | 39.3%+106.6pp | -67.2%-152.3pp | 85.0%+34.4pp | 50.6% |
| Operating Margin | -303.2%-5.6pp | -297.6%+52.4pp | -350.0%-312.9pp | -37.0%+31.6pp | -68.7%+177.4pp | -246.0%-8.0pp | -238.0%-88.6pp | -149.4% |
| Net Margin | -321.8%+47.1pp | -368.9%+137.6pp | -506.4%-438.2pp | -68.3%+5.1pp | -73.4%-117.4pp | 44.0%+270.8pp | -226.8%-76.9pp | -149.9% |
| Return on Equity | N/A | N/A | -113.6%-72.7pp | -40.9%-16.4pp | -24.5%-30.3pp | 5.7%+22.5pp | -16.8%-7.7pp | -9.1% |
| Return on Assets | -27.0%+71.9pp | -98.9%-72.2pp | -26.7%-14.8pp | -11.9%-1.4pp | -10.5%-13.9pp | 3.4%+18.7pp | -15.3%-6.9pp | -8.4% |
| Current Ratio | 0.53+0.2 | 0.29-0.5 | 0.74+0.2 | 0.53-0.3 | 0.82-1.0 | 1.81-3.6 | 5.38-3.8 | 9.20 |
| Debt-to-Equity | -7.41-4.5 | -2.88-6.1 | 3.26+0.8 | 2.44+1.1 | 1.34+0.7 | 0.68+0.6 | 0.10+0.0 | 0.08 |
| FCF Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
Note: Shareholder equity is negative (-$5.0M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.29), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
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Frequently Asked Questions
What is Laser Photonics Corp's annual revenue?
Laser Photonics Corp (LASE) reported $8.3M in total revenue for fiscal year 2025. This represents a 144.3% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Laser Photonics Corp's revenue growing?
Laser Photonics Corp (LASE) revenue grew by 144.3% year-over-year, from $3.4M to $8.3M in fiscal year 2025.
Is Laser Photonics Corp profitable?
No, Laser Photonics Corp (LASE) reported a net income of -$17.5M in fiscal year 2025, with a net profit margin of -209.2%.
What is Laser Photonics Corp's EBITDA?
Laser Photonics Corp (LASE) had EBITDA of -$12.2M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
What is Laser Photonics Corp's gross margin?
Laser Photonics Corp (LASE) had a gross margin of 14.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.
What is Laser Photonics Corp's operating margin?
Laser Photonics Corp (LASE) had an operating margin of -159.3% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Laser Photonics Corp's net profit margin?
Laser Photonics Corp (LASE) had a net profit margin of -209.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
What is Laser Photonics Corp's operating cash flow?
Laser Photonics Corp (LASE) generated -$6.4M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Laser Photonics Corp's total assets?
Laser Photonics Corp (LASE) had $9.4M in total assets as of fiscal year 2025, including both current and long-term assets.
How much does Laser Photonics Corp spend on research and development?
Laser Photonics Corp (LASE) invested $514K in research and development during fiscal year 2025.
What is Laser Photonics Corp's current ratio?
Laser Photonics Corp (LASE) had a current ratio of 0.29 as of fiscal year 2025, which is below 1.0, which may suggest potential liquidity concerns.
What is Laser Photonics Corp's debt-to-equity ratio?
Laser Photonics Corp (LASE) had a debt-to-equity ratio of -2.88 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Laser Photonics Corp's return on assets (ROA)?
Laser Photonics Corp (LASE) had a return on assets of -184.7% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Laser Photonics Corp's cash runway?
Based on fiscal year 2025 data, Laser Photonics Corp (LASE) had $650K in cash against an annual operating cash burn of $6.4M. This gives an estimated cash runway of approximately 1 months at the current burn rate. Cash runway measures how long a company can continue operating before running out of cash, assuming no additional funding.
Why is Laser Photonics Corp's debt-to-equity ratio negative or unusual?
Laser Photonics Corp (LASE) has negative shareholder equity of -$5.0M as of fiscal year 2025, which causes the debt-to-equity ratio to appear negative or not meaningful. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is Laser Photonics Corp's Altman Z-Score?
Laser Photonics Corp (LASE) has an Altman Z-Score of -6.02, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Laser Photonics Corp's Piotroski F-Score?
Laser Photonics Corp (LASE) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Laser Photonics Corp's earnings high quality?
Laser Photonics Corp (LASE) has an earnings quality ratio of 0.37x, considered low quality (accrual-driven). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Laser Photonics Corp cover its interest payments?
Laser Photonics Corp (LASE) has an interest coverage ratio of -3.6x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Laser Photonics Corp?
Laser Photonics Corp (LASE) scores 29 out of 100 on our Financial Health Score, indicating weak standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.