$LASE
Laser Photonics Corp Stock $lase

$lase Overview Financials Valuation SEC Filings Company Website

2021 Q4 Form 10-Q Financial Statement

#000165495421012466 Filed on November 19, 2021

Income Statement

Concept	2021 Q4	2021 Q3
Revenue	$1.202M	$1.099M
YoY Change		80.78%
Cost Of Revenue	$702.4K	$324.5K
YoY Change		24.28%
Gross Profit	$499.2K	$774.1K
YoY Change		123.33%
Gross Profit Margin	41.54%	70.47%
Selling, General & Admin	$35.53K	$730.4K
YoY Change
% of Gross Profit	7.12%	94.36%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$104.0K	$39.93K
YoY Change		504.82%
% of Gross Profit	20.83%	5.16%
Operating Expenses	$139.5K	$637.2K
YoY Change		98.87%
Operating Profit	$359.7K	$137.0K
YoY Change		422.0%
Interest Expense	-$6.050K	$10.85K
YoY Change		83.63%
% of Operating Profit	-1.68%	7.92%
Other Income/Expense, Net	-$313.0K	$17.91K
YoY Change		203.17%
Pretax Income	$40.70K	$154.9K
YoY Change		661.73%
Income Tax	$0.00	$0.00
% Of Pretax Income	0.0%	0.0%
Net Earnings	$42.23K	$155.2K
YoY Change		842.22%
Net Earnings / Revenue	3.51%	14.12%
Basic Earnings Per Share		$0.03
Diluted Earnings Per Share	$5.166K	$0.03
COMMON SHARES
Basic Shares Outstanding	29.27M shares	29.27M shares
Diluted Shares Outstanding		4.878M shares

Balance Sheet

Concept	2021 Q4	2021 Q3	2020 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$615.8K
YoY Change
Cash & Equivalents	$615.7K	$595.4K	$326.7K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.791M	$1.942M	$2.172M
Prepaid Expenses
Receivables	$84.37K	$1.290M	$756.1K
Other Receivables	$0.00
Total Short-Term Assets	$2.491M	$3.828M	$3.255M
YoY Change	-23.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$698.6K	$738.9K	$849.0K
YoY Change	-17.72%
Goodwill
YoY Change
Intangibles	$3.168M	$3.011M	$3.184M
YoY Change	-0.51%
Long-Term Investments
YoY Change
Other Assets	$3.000K
YoY Change
Total Long-Term Assets	$4.369M	$3.764M	$4.230M
YoY Change	3.3%
TOTAL ASSETS
Total Short-Term Assets	$2.491M	$3.828M	$3.255M
Total Long-Term Assets	$4.369M	$3.764M	$4.230M
Total Assets	$6.860M	$7.592M	$7.485M
YoY Change	-8.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$105.5K		$55.76K
YoY Change	89.2%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$392.4K	$689.2K	$1.029M
YoY Change	-61.85%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00
YoY Change
Other Long-Term Liabilities	$1.299M		$2.508M
YoY Change	-48.19%
Total Long-Term Liabilities	$907.0K	$1.073M	$1.169M
YoY Change	-22.44%
TOTAL LIABILITIES
Total Short-Term Liabilities	$392.4K	$689.2K	$1.029M
Total Long-Term Liabilities	$907.0K	$1.073M	$1.169M
Total Liabilities	$1.299M	$1.762M	$2.198M
YoY Change	-40.88%
SHAREHOLDERS EQUITY
Retained Earnings	$269.3K	$538.7K	-$15.64K
YoY Change	-1822.24%
Common Stock	$48.78K	$292.7K	$292.7K
YoY Change	-83.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$5.561M	$5.831M	$5.287M
YoY Change
Total Liabilities & Shareholders Equity	$6.860M	$7.592M	$7.485M
YoY Change	-8.34%

Cashflow Statement

Concept	2021 Q4	2021 Q3
OPERATING ACTIVITIES
Net Income	$42.23K	$155.2K
YoY Change		842.22%
Depreciation, Depletion And Amortization	$104.0K	$39.93K
YoY Change		504.82%
Cash From Operating Activities	$1.044M	$331.2K
YoY Change
INVESTING ACTIVITIES
Capital Expenditures	-$219.8K	-$9.670K
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$219.8K	-$9.670K
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-804.0K	-52.82K
YoY Change
NET CHANGE
Cash From Operating Activities	1.044M	331.2K
Cash From Investing Activities	-219.8K	-9.670K
Cash From Financing Activities	-804.0K	-52.82K
Net Change In Cash	20.35K	268.7K
YoY Change
FREE CASH FLOW
Cash From Operating Activities	$1.044M	$331.2K
Capital Expenditures	-$219.8K	-$9.670K
Free Cash Flow	$1.264M	$340.8K
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2021Q3	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	15385	USD
CY2020Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	55756	USD
CY2021Q3	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	9807	USD
CY2020Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	12665	USD
CY2021Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	14377	USD
CY2021Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	29270502	shares
CY2021Q3	us-gaap	Cash Cash	595390	USD
CY2020Q4	us-gaap	Cash Cash	326713	USD
CY2021Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1289958	USD
CY2020Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	756096	USD
CY2021Q3	us-gaap	Inventory Gross InventoryGross	1942433	USD
CY2020Q4	us-gaap	Inventory Gross InventoryGross	2172327	USD
CY2021Q3	us-gaap	Assets Current AssetsCurrent	3827781	USD
CY2020Q4	us-gaap	Assets Current AssetsCurrent	3255136	USD
CY2021Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	738907	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	849027	USD
CY2021Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3011145	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3184280	USD
CY2021Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	14377	USD
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	196299	USD
CY2021Q3	us-gaap	Assets Assets	7592210	USD
CY2020Q4	us-gaap	Assets Assets	7484742	USD
CY2021Q3	us-gaap	Cost Of Revenue CostOfRevenue	324462	USD
	us-gaap	Cost Of Revenue CostOfRevenue	840254	USD
CY2020Q3	us-gaap	Cost Of Revenue CostOfRevenue	261063	USD
	us-gaap	Cost Of Revenue CostOfRevenue	532610	USD
CY2021Q3	us-gaap	Gross Profit GrossProfit	774129	USD
	us-gaap	Gross Profit GrossProfit	2148854	USD
CY2020Q3	us-gaap	Gross Profit GrossProfit	346623	USD
	us-gaap	Gross Profit GrossProfit	812853	USD
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	181199	USD
CY2021Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	650344	USD
CY2020Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	779128	USD
CY2021Q3	us-gaap	Liabilities Current LiabilitiesCurrent	689193	USD
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1028748	USD
CY2021Q3	laser	Loan Payable Ict Investments LoanPayableIctInvestments	675199	USD
CY2020Q4	laser	Loan Payable Ict Investments LoanPayableIctInvestments	926768	USD
CY2021Q3	us-gaap	Loans Payable Current LoansPayableCurrent	397500	USD
CY2020Q4	us-gaap	Loans Payable Current LoansPayableCurrent	198750	USD
CY2021Q3	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	0	USD
CY2020Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	43855	USD
CY2021Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1072689	USD
CY2020Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1169373	USD
CY2021Q3	us-gaap	Liabilities Liabilities	1761891	USD
CY2020Q4	us-gaap	Liabilities Liabilities	2198121	USD
CY2020Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	29270502	shares
CY2021Q3	us-gaap	Common Stock Value CommonStockValue	292705	USD
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	292705	USD
CY2021Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4998911	USD
CY2020Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4998911	USD
CY2021Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	538702	USD
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-4995	USD
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	5830318	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	5286621	USD
CY2021Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7592210	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7484742	USD
CY2021Q3	us-gaap	Revenues Revenues	1098591	USD
	us-gaap	Revenues Revenues	2989108	USD
CY2020Q3	us-gaap	Revenues Revenues	607687	USD
	us-gaap	Revenues Revenues	1345463	USD
CY2021Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	637155	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1590544	USD
CY2020Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	320383	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	807499	USD
CY2021Q3	us-gaap	Operating Expenses OperatingExpenses	637155	USD
	us-gaap	Operating Expenses OperatingExpenses	1590544	USD
CY2020Q3	us-gaap	Operating Expenses OperatingExpenses	320383	USD
	us-gaap	Operating Expenses OperatingExpenses	807499	USD
CY2021Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	136974	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	558310	USD
CY2020Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	26240	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	5354	USD
CY2021Q3	laser	Gain On Termination Of Lease GainOnTerminationOfLease	28755	USD
	laser	Gain On Termination Of Lease GainOnTerminationOfLease	28755	USD
CY2021Q3	us-gaap	Interest Expense InterestExpense	10847	USD
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	5830318	USD
	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-239432	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-334049	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-128784	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	962590	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-43949	USD
	us-gaap	Interest Expense InterestExpense	43300	USD
CY2020Q3	us-gaap	Interest Expense InterestExpense	5907	USD
	us-gaap	Interest Expense InterestExpense	5907	USD
CY2021Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	17908	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-15545	USD
CY2020Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5907	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	5907	USD
CY2021Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	154882	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	543765	USD
CY2020Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	20333	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	-553	USD
CY2021Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	68	USD
CY2020Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	USD
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	154882	USD
	us-gaap	Net Income Loss NetIncomeLoss	543697	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	20233	USD
	us-gaap	Net Income Loss NetIncomeLoss	-553	USD
CY2021Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.02
CY2020Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.01
	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.00
CY2021Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	29270502	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	29270502	shares
CY2020Q3	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	3561316	shares
	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	3370805	shares
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	489870	USD
CY2020Q1	laser	Shares Issued To Acquire Fixed Assets Amount SharesIssuedToAcquireFixedAssetsAmount	158456	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-155126	USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	493200	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	138104	USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	631304	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	610971	USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	5286621	USD
CY2021Q1	us-gaap	Profit Loss ProfitLoss	123333	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	5409954	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	265482	USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	5675436	USD
CY2021Q3	us-gaap	Net Income Loss NetIncomeLoss	154882	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	295290	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	19807	USD
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	181922	USD
	laser	Gain On Lease Termination GainOnLeaseTermination	28755	USD
	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	139410	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-673272	USD
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-878825	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	229894	USD
	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	-28755	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	9863	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	334161	USD
CY2021Q3	us-gaap	Inventory Work In Process InventoryWorkInProcess	66630	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-223169	USD
	laser	Cash Outlay For Fixed Assets CashOutlayForFixedAssets	9669	USD
	laser	Cash Outlay For Fixed Assets CashOutlayForFixedAssets	27110	USD
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	2970	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-9669	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-30080	USD
	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	198750	USD
	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	198750	USD
	laser	Proceeds From Repayment Of Loan Payable Related Party ProceedsFromRepaymentOfLoanPayableRelatedParty	-251569	USD
	laser	Proceeds From Repayment Of Loan Payable Related Party ProceedsFromRepaymentOfLoanPayableRelatedParty	304267	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-52819	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	503017	USD
	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	268677	USD
	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	280525	USD
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	326713	USD
CY2019Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	0	USD
CY2021Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	595390	USD
CY2020Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	280525	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	68	USD
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	USD
	us-gaap	Interest Paid Net InterestPaidNet	43300	USD
	us-gaap	Interest Paid Net InterestPaidNet	5907	USD
	laser	Recognition Of Right Of Use Asset And Lease Liability RecognitionOfRightOfUseAssetAndLeaseLiability	0	USD
	laser	Recognition Of Right Of Use Asset And Lease Liability RecognitionOfRightOfUseAssetAndLeaseLiability	282565	USD
	laser	Purchase Of Fixed Assets With Common Stock PurchaseOfFixedAssetsWithCommonStock	0	USD
	laser	Purchase Of Fixed Assets With Common Stock PurchaseOfFixedAssetsWithCommonStock	158456	USD
	us-gaap	Use Of Estimates UseOfEstimates	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at dates of the financial statements and the reported amounts of revenue and expenses during the periods. Actual results could differ from these estimates. Our significant estimates and assumptions include the useful lives of fixed assets and intangible assets, the fair value of our stock, and the valuation allowance relating to the Company’s deferred tax assets.</p>
CY2020Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	326713	USD
CY2021Q3	laser	Inventory Sales Demo InventorySalesDemo	1074240	USD
CY2020Q4	laser	Inventory Sales Demo InventorySalesDemo	1281564	USD
CY2020Q4	us-gaap	Inventory Net InventoryNet	2172327	USD
CY2021Q3	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	706230	USD
CY2020Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	690069	USD
CY2021Q3	us-gaap	Inventory Finished Goods InventoryFinishedGoods	95603	USD
CY2020Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	181453	USD
CY2020Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	19241	USD
CY2021Q3	us-gaap	Inventory Net InventoryNet	1942433	USD
	us-gaap	Effective Income Tax Rate Reconciliation State And Local Income Taxes EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes	0.065	pure
CY2020Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	12665	USD
CY2021Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	146199	USD
CY2020Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	26409	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	849027	USD
CY2021Q3	us-gaap	Depreciation Depreciation	39930	USD
	us-gaap	Depreciation Depreciation	119789	USD
CY2020Q3	us-gaap	Depreciation Depreciation	6602	USD
	us-gaap	Depreciation Depreciation	13205	USD
CY2021Q3	laser	Increase In Expense Of Intangible Assets IncreaseInExpenseOfIntangibleAssets	58709	USD
CY2021Q3	laser	Decrease In Net Income Intangible Assets DecreaseInNetIncomeIntangibleAssets	176130	USD
	laser	Decrease In Earning Per Share DecreaseInEarningPerShare	0.01
CY2021Q3	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3011145	USD
CY2020Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3184280	USD
CY2020Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	779128	USD
	laser	Deferred Revenuepolicytextblock DeferredRevenuepolicytextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company requires deposits on most sales orders. These deposits are recorded as deferred revenue until such time as the revenue recognition criteria for that project are order is completed. As of September 30, 2021, our deferred revenue was $650,344 in comparison to $779,128 at December 31, 2020.</p>
CY2021Q3	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	650344	USD
CY2021Q3	us-gaap	Revenues Revenues	1098591	USD
	us-gaap	Revenues Revenues	2989108	USD
CY2020Q3	us-gaap	Revenues Revenues	607687	USD
	us-gaap	Revenues Revenues	1345463	USD
CY2020Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	43133	USD
	us-gaap	Operating Lease Cost OperatingLeaseCost	129399	USD
CY2020Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	0	USD
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	0	USD
CY2021Q3	laser	Ppp Loan PppLoan	397500	USD
CY2020Q4	laser	Ppp Loan PppLoan	198750	USD
CY2021Q3	us-gaap	Operating Lease Liability OperatingLeaseLiability	14377	USD
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	225054	USD
CY2021Q3	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	675199	USD
CY2020Q4	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	926768	USD
CY2021Q3	us-gaap	Notes Payable NotesPayable	1087076	USD
CY2020Q4	us-gaap	Notes Payable NotesPayable	1350572	USD
CY2021Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	14377	USD
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	181199	USD
CY2021Q3	us-gaap	Long Term Notes Payable LongTermNotesPayable	1072699	USD
CY2020Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	1169373	USD
CY2020Q1	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	439990	USD
CY2020Q1	us-gaap	Debt Conversion Original Debt Interest Rate Of Debt DebtConversionOriginalDebtInterestRateOfDebt	0.06	pure
CY2020Q1	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2023-01-31
CY2020Q4	us-gaap	Debt Instrument Face Amount DebtInstrumentFaceAmount	745438	USD
CY2020Q4	us-gaap	Debt Conversion Original Debt Interest Rate Of Debt DebtConversionOriginalDebtInterestRateOfDebt	0.06	pure
CY2020Q4	us-gaap	Debt Instrument Maturity Date DebtInstrumentMaturityDate	2023-12-31
CY2021Q3	laser	Unpaid Principal Amount UnpaidPrincipalAmount	675199	USD
CY2020Q4	laser	Unpaid Principal Amount UnpaidPrincipalAmount	926768	USD
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	196299	USD
CY2021Q3	us-gaap	Operating Lease Cost OperatingLeaseCost	43133	USD
	us-gaap	Operating Lease Cost OperatingLeaseCost	129399	USD
CY2021Q3	us-gaap	Short Term Lease Cost ShortTermLeaseCost	0	USD
	us-gaap	Short Term Lease Cost ShortTermLeaseCost	0	USD
CY2021Q3	us-gaap	Lease Cost LeaseCost	43133	USD
	us-gaap	Lease Cost LeaseCost	129399	USD
CY2020Q3	us-gaap	Lease Cost LeaseCost	43133	USD
	us-gaap	Lease Cost LeaseCost	129399	USD
	us-gaap	Operating Lease Payments OperatingLeasePayments	135900	USD
	laser	Operating Lease Weighted Average Remaining Leases Term OperatingLeaseWeightedAverageRemainingLeasesTerm	P0Y2M1D
CY2020Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	29270502	shares
CY2020Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2021Q3	laser	Authorized Shares Of Blank Check Preferred AuthorizedSharesOfBlankCheckPreferred	10000000	shares
CY2021Q3	us-gaap	Area Of Land AreaOfLand	18000	sqft
	us-gaap	Variable Lease Payment VariableLeasePayment	14377	USD
	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2021-10-20

Files In Submission

Name	View Source	Status
0001654954-21-012466-index-headers.html	Edgar Link	pending
0001654954-21-012466-index.html	Edgar Link	pending
0001654954-21-012466.txt	Edgar Link	pending
0001654954-21-012466-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
laser-20210930.xsd	Edgar Link	pending
laser-20210930_cal.xml	Edgar Link	unprocessable
laser-20210930_def.xml	Edgar Link	unprocessable
laser-20210930_lab.xml	Edgar Link	unprocessable
laser-20210930_pre.xml	Edgar Link	unprocessable
laser_10q.htm	Edgar Link	pending
laser_10q_htm.xml	Edgar Link	completed
laser_ex311.htm	Edgar Link	pending
laser_ex312.htm	Edgar Link	pending
laser_ex321.htm	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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$LASE
Laser Photonics Corp Stock $lase

2021 Q4 Form 10-Q Financial Statement

#000165495421012466 Filed on November 19, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LASE Laser Photonics Corp Stock $lase

2021 Q4 Form 10-Q Financial Statement

#000165495421012466 Filed on November 19, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LASE
Laser Photonics Corp Stock $lase