Laser Photonics Regains Compliance with Nasdaq Periodic Filing Requirement
Laser Photonics (NASDAQ:LASE) announced it has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its delayed Form 10-Q for the quarter ended March 31, 2026.
Rhea-AI Summary
Laser Photonics (NASDAQ:LASE) announced it has regained compliance with Nasdaq Listing Rule 5250(c)(1) after filing its delayed Form 10-Q for the quarter ended March 31, 2026. Nasdaq’s Listing Qualifications Department notified the company on June 12, 2026 that the matter related to the late filing is closed.
Positive
- Regains compliance with Nasdaq Listing Rule 5250(c)(1)
- Nasdaq confirms listing compliance matter is now closed
- Quarter ended March 31, 2026 Form 10-Q filed on June 11, 2026
Negative
- Previously notified on May 21, 2026 of non-compliance due to delayed 10-Q filing
Details
News Market Reaction – LASE
On Jun 15, the first trading day after this news, LASE closed 6.19% below the previous close.
Data tracked by StockTitan Argus for the Jun 15 session.
Key Figures
- Q1 2026 net sales
- $915,553
- Quarter ended March 31, 2026 (10-Q)
- Prior-year net sales
- $2,290,282
- Quarter ended March 31, 2025 (10-Q comparison)
- Q1 2026 net loss
- $2,946,284
- Quarter ended March 31, 2026 (10-Q)
- Operating cash outflow
- $1,842,774
- Q1 2026 operating activities (10-Q)
- Financing inflows
- $2,918,009
- Q1 2026 net proceeds from offering, warrants, debt (10-Q)
- Cash balance
- $1,627,600
- As of March 31, 2026 (10-Q)
- Working capital deficit
- $4.0M
- As of March 31, 2026 (10-Q, approximate figure)
- 2025 net sales
- $8.3 million
- Year ended December 31, 2025 (DEF 14A)
Historical Context
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Weak Q1 2026 sales, gross loss, and widened net loss.
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Completion of LSAD anti-drone prototype and start of demonstrations.
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Highlighting CleanTech systems for DPF and DOC maintenance workflows.
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Strong LSAD exposure and SOCOM engagement from SOF Week 2026.
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LSAD selected under MEIA Vulcan Call for Solutions in defense category.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
form 10-q regulatory
nasdaq listing rule 5250(c)(1) regulatory
periodic financial reports regulatory
u.s. securities and exchange commission regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
Filing of First Quarter 2026 Form 10-Q Restores Compliance with Nasdaq Listing Rule 5250(c)(1)
ORLANDO, FL / ACCESS Newswire / June 12, 2026 / Laser Photonics Corporation (NASDAQ:LASE) ("Laser Photonics" or the "Company"), a global leader in laser systems for industrial and defense applications, today announced that on June 12, 2026, it received written notice from the Listing Qualifications Department of The Nasdaq Stock Market LLC ("Nasdaq") confirming that the Company has regained compliance with Nasdaq Listing Rule 5250(c)(1), which requires listed companies to timely file all required periodic financial reports with the U.S. Securities and Exchange Commission (the "SEC"). Accordingly, Nasdaq has determined that the matter is now closed.
On May 21, 2026, Nasdaq notified the Company that it was not in compliance with Nasdaq Listing Rule 5250(c)(1) due to the delayed filing of its Quarterly Report on Form 10-Q for the period ended March 31, 2026 (the "Quarterly Report"). On June 11, 2026, the Company filed the Quarterly Report with the SEC, and on June 12, 2026, Nasdaq confirmed that the Company had regained compliance with the rule.
About Laser Photonics Corporation
Laser Photonics Corporation (NASDAQ: LASE) is a global leader in laser systems for industrial and defense applications. The Company develops and manufactures advanced laser technologies used in cleaning, surface preparation, and precision material processing across demanding operating environments. Laser Photonics serves a broad range of end markets, including defense and government, aerospace, energy, maritime, automotive, and advanced manufacturing. Through a combination of internal development, strategic acquisitions, and partnerships, the Company continues to expand its product portfolio and address new applications where performance, efficiency, and environmental considerations are critical. For more information, please visit laserphotonics.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations as of the date of this press release and involve risks and uncertainties that may cause results to differ materially from those indicated by these forward-looking statements. These forward-looking statements include, among other things, statements regarding the Company's ability to maintain compliance with Nasdaq's listing rules and to timely file its periodic reports with the SEC. These risks and uncertainties include, but are not limited to, the impacts of federal government funding disruptions and shutdowns on our contracts, operations, capital-raising activities, and strategic initiatives. We encourage readers to review the "Risk Factors" in our Registration Statement and other filings with the Securities and Exchange Commission for a comprehensive understanding. Laser Photonics Corp. undertakes no obligation to revise or update any forward-looking statements, except as required by applicable laws or regulations, to reflect events or circumstances after the date of this press release.
Investor Relations Contact
Lucas A. Zimmerman & Ian Scargill
MZ Group - MZ North America
(262) 357-2918
LASE@mzgroup.us
www.mzgroup.us
SOURCE: Laser Photonics Corp.
View the original press release on ACCESS Newswire
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