Every 10-Q that Laser Photonics Corp (LASE) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow LASE and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full LASE filings page.
Laser Photonics Corporation reported sharply weaker results and continued liquidity pressure for the six months ended June 30, 2026. Net sales fell to $2.7 million from $4.9 million, and gross margin swung to a gross loss of $0.2 million versus a prior gross profit of $2.0 million. Net loss widened to $6.2 million, and operating cash use was $4.7 million, about $0.8 million per month.
Cash increased to $2.2 million from $0.7 million, driven by multiple equity and warrant transactions that more than doubled common shares outstanding to 47.6 million. Total liabilities declined to $11.5 million, and stockholders’ deficit improved to $(0.9) million from $(5.0) million, helped by repayment of short-term notes, settlement of defaulted NPA notes, and payoff of related-party debt.
Management and the auditor highlight substantial doubt about the company’s ability to continue as a going concern due to recurring losses, negative cash flows, and a working capital deficit of roughly $3.1 million. The company is relying on continued capital-raising and warrant inducement deals, has recorded $0.36 million of liquidated damages tied to late registration of warrant shares, and is evaluating the legal and accounting impact of warrant exercises that occurred before stockholder approval.
Laser Photonics Corporation reported a weak first quarter of 2026 with sharp revenue declines, continued losses, and ongoing liquidity pressures. Net sales fell to $915,553 from $2,290,282 a year earlier, and gross margin swung to a 42.4% loss as lower volume failed to absorb fixed manufacturing costs.
The company posted a net loss of $2,946,284, and a loss attributable to common shareholders of $4,458,764 after a deemed dividend from a warrant inducement. Operating cash outflow was $1,842,774, partly offset by $2,918,009 of net financing inflows from a February 2026 public offering, warrant exercises, and new short-term debt.
At March 31, 2026, Laser Photonics had cash of $1,627,600 and a working capital deficit of about $4.0M. Management and the independent auditor concluded that recurring losses, negative cash flows, and the working capital deficit raise substantial doubt about the company’s ability to continue as a going concern, despite recent capital raises and debt repayments. Material weaknesses in internal control over financial reporting remain unresolved, and the company recently received—but believes it has cured—a Nasdaq notice related to delayed filing.
Laser Photonics Corporation reported sharply higher revenue but significantly wider losses for the nine months ended September 30, 2025. Total revenue rose 179% to $5,808,541 from $2,083,123 a year earlier, driven in part by expanded industrial laser products and affiliate sales.
Despite this growth, profitability deteriorated. Gross margin fell to 40% from 62.92%, and the Company posted a net loss of $8,110,233 versus $3,105,233 in the prior-year period. For the third quarter alone, revenue grew 28% to $919,284, but Laser Photonics generated a gross deficit of $184,994 and an operating loss of $3,217,315.
Liquidity has improved in the near term, with cash and cash equivalents increasing to $3,624,529 as of September 30, 2025, from $533,871 at December 31, 2024, largely through PIPE equity financing and new debt. However, total liabilities nearly doubled to $13,362,185, and management disclosed substantial doubt about the Company’s ability to continue as a going concern without additional cash flow or financing. Shareholders’ equity declined to $4,099,173 from $10,212,293, reflecting heavy losses and deemed dividends related to acquisitions and warrant exchanges.
Laser Photonics Corporation (LASE) reported unaudited results for the quarter ended June 30, 2025. Revenue for the quarter was $2,598,975 compared with $623,435 in the prior period, while adjusted EBITDA was negative $621,331 for the quarter and negative $1,939,126 year-to-date. Operating loss for the quarter was $(962,688) and loss before tax was $(1,773,902). Basic and diluted loss per share was $(0.12) for the quarter and $(0.24) year-to-date on a weighted average of 14,276,150 shares. Current assets were $3,345,902 and total current liabilities were $6,341,823, with long-term liabilities of $10,603,884. Cash at period end was $78,522. The company recorded a $6,615,000 deemed dividend related to a software acquisition and issued 3,000,000 restricted shares subsequent to period-end for Beamer assets. Related-party ICT Investments holds 58.55% ownership.