Laser Photonics Corp financial data

Symbol
LASE on Nasdaq
Industry
Miscellaneous Electrical Machinery, Equipment & Supplies
Location
1101 North Keller Road, Suite G 2, Orlando, FL
State of incorporation
WY
Fiscal year end
December 31
Latest financial report
10-Q/A - Q2 2024 - Sep 12, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 958 % -34.5%
Quick Ratio 246 % +16.4%
Debt-to-equity 8.46 % +6.82%
Return On Equity -38.5 % -11.2%
Return On Assets -35.8 % -15.2%
Operating Margin -85.5 %

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.3M shares +48.7%
Common Stock, Shares, Outstanding 12.2M shares +48.4%
Entity Public Float 0 USD
Common Stock, Value, Issued 12.3K USD -85.1%
Weighted Average Number of Shares Outstanding, Basic 10.6M shares +34.4%
Weighted Average Number of Shares Outstanding, Diluted 10.6M shares +34.4%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 3.92M USD -11.5%
Revenue from Contract with Customer, Excluding Assessed Tax 623K USD -35.4%
Cost of Revenue 308K USD +8.53%
Research and Development Expense 60.2K USD +49.8%
Selling and Marketing Expense 1.61M USD -29.5%
General and Administrative Expense 2.9M USD +155%
Costs and Expenses 16.8K USD
Operating Income (Loss) -4.43M USD -1.56%
Nonoperating Income (Expense) -2.72K USD -326%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -4.04M USD +14.6%
Income Tax Expense (Benefit) 0 USD
Net Income (Loss) Attributable to Parent -5.06M USD -6.98%
Earnings Per Share, Basic -0.4 USD/shares +46.7%
Earnings Per Share, Diluted -0.4 USD/shares +46.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 2.75M USD -72.2%
Accounts Receivable, after Allowance for Credit Loss, Current 446K USD -68.3%
Inventory, Net 2.11M USD -4.99%
Other Assets, Current 406K USD -89.7%
Assets, Current 5.7M USD -58.8%
Property, Plant and Equipment, Net 924K USD +24.5%
Operating Lease, Right-of-Use Asset 375K USD -44.1%
Intangible Assets, Net (Excluding Goodwill) 4.08M USD
Other Assets, Noncurrent 66.9K USD
Assets 11.1M USD -38.7%
Accounts Payable, Current 198K USD
Accrued Liabilities, Current 108K USD
Liabilities, Current 620K USD -3.18%
Operating Lease, Liability, Noncurrent 177K USD -42.2%
Liabilities 797K USD -15.8%
Retained Earnings (Accumulated Deficit) -8.91M USD -1124%
Stockholders' Equity Attributable to Parent 10.3M USD -32.3%
Liabilities and Equity 11.1M USD -38.7%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -866K USD +34.1%
Net Cash Provided by (Used in) Financing Activities 0 USD
Net Cash Provided by (Used in) Investing Activities -162K USD -218%
Common Stock, Shares Authorized 100M shares +9900%
Common Stock, Shares, Issued 12.3M shares +48.7%
Common Stock, Par or Stated Value Per Share 0 USD/shares -100%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 2.75M USD -72.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 0 USD -100%
Operating Lease, Liability 375K USD
Depreciation 86.2K USD +207%
Lessee, Operating Lease, Liability, to be Paid 375K USD
Operating Lease, Liability, Current 198K USD -42.6%
Lessee, Operating Lease, Liability, to be Paid, Year Two 177K USD
Lessee, Operating Lease, Liability, to be Paid, Year One 198K USD
Preferred Stock, Shares Issued 0 shares
Current Income Tax Expense (Benefit) 13.8K USD
Preferred Stock, Shares Authorized 10M shares
Additional Paid in Capital 19.2M USD +0.15%
Preferred Stock, Shares Outstanding 0 shares
Amortization of Intangible Assets 66K USD +16.3%
Interest Expense 0 USD -100%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares