$LASE
Laser Photonics Corp Stock $lase

$lase Overview Financials Valuation SEC Filings Company Website

2021 Q4 Form 10-K Financial Statement

#000165495422004455 Filed on April 01, 2022

Income Statement

Concept	2021 Q4	2021 Q3	2021 Q2
Revenue	$1.202M	$1.099M	$914.5K
YoY Change		80.78%	23.95%
Cost Of Revenue	$702.4K	$324.5K	$163.8K
YoY Change		24.28%	-39.27%
Gross Profit	$499.2K	$774.1K	$750.7K
YoY Change		123.33%	60.36%
Gross Profit Margin	41.54%	70.47%	82.09%
Selling, General & Admin	$35.53K	$730.4K	$370.0K
YoY Change
% of Gross Profit	7.12%	94.36%	49.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$104.0K	$39.93K	$70.00K
YoY Change		504.82%
% of Gross Profit	20.83%	5.16%	9.32%
Operating Expenses	$139.5K	$637.2K	$410.3K
YoY Change		98.87%	-15.42%
Operating Profit	$359.7K	$137.0K	$340.4K
YoY Change		422.0%	-2099.78%
Interest Expense	-$6.050K	$10.85K	$16.21K
YoY Change		83.63%
% of Operating Profit	-1.68%	7.92%	4.76%
Other Income/Expense, Net	-$313.0K	$17.91K	-$16.21K
YoY Change		203.17%
Pretax Income	$40.70K	$154.9K	$324.2K
YoY Change		661.73%	-2004.54%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income	0.0%	0.0%	0.0%
Net Earnings	$42.23K	$155.2K	$324.2K
YoY Change		842.22%	162.86%
Net Earnings / Revenue	3.51%	14.12%	35.45%
Basic Earnings Per Share		$0.03	$0.07
Diluted Earnings Per Share	$5.166K	$0.03	$0.05
COMMON SHARES
Basic Shares Outstanding	29.27M shares	29.27M shares	4.878M shares
Diluted Shares Outstanding		4.878M shares

Balance Sheet

Concept	2021 Q4	2021 Q3	2021 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$615.8K
YoY Change
Cash & Equivalents	$615.7K	$595.4K	$503.5K
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory	$1.791M	$1.942M	$2.041M
Prepaid Expenses
Receivables	$84.37K	$1.290M	$891.4K
Other Receivables	$0.00
Total Short-Term Assets	$2.491M	$3.828M	$3.436M
YoY Change	-23.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$698.6K	$738.9K	$771.9K
YoY Change	-17.72%
Goodwill
YoY Change
Intangibles	$3.168M	$3.011M	$3.187M
YoY Change	-0.51%
Long-Term Investments
YoY Change
Other Assets	$3.000K
YoY Change
Total Long-Term Assets	$4.369M	$3.764M	$4.069M
YoY Change	3.3%
TOTAL ASSETS
Total Short-Term Assets	$2.491M	$3.828M	$3.436M
Total Long-Term Assets	$4.369M	$3.764M	$4.069M
Total Assets	$6.860M	$7.592M	$7.505M
YoY Change	-8.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$105.5K
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	$604.8K
YoY Change	-61.85%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00
YoY Change
Other Long-Term Liabilities	$1.299M
YoY Change	-48.19%
Total Long-Term Liabilities	$907.0K	$1.073M	$1.107M
YoY Change	-22.44%
TOTAL LIABILITIES
Total Short-Term Liabilities	$392.4K	$689.2K	$604.8K
Total Long-Term Liabilities	$907.0K	$1.073M	$1.107M
Total Liabilities	$1.299M	$1.762M	$1.712M
YoY Change	-40.88%
SHAREHOLDERS EQUITY
Retained Earnings	$269.3K	$538.7K	$501.2K
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	$5.675M
YoY Change
Total Liabilities & Shareholders Equity	$6.860M	$7.592M	$7.505M
YoY Change	-8.34%

Cashflow Statement

Concept	2021 Q4	2021 Q3	2021 Q2
OPERATING ACTIVITIES
Net Income	$42.23K	$155.2K	$324.2K
YoY Change		842.22%	162.86%
Depreciation, Depletion And Amortization	$104.0K	$39.93K	$70.00K
YoY Change		504.82%
Cash From Operating Activities	$1.044M	$331.2K	$550.0K
YoY Change
INVESTING ACTIVITIES
Capital Expenditures	-$219.8K	-$9.670K	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$219.8K	-$9.670K	$0.00
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	-680.0K
YoY Change
NET CHANGE
Cash From Operating Activities	1.044M	331.2K	550.0K
Cash From Investing Activities	-219.8K	-9.670K	0.000
Cash From Financing Activities	-804.0K	-52.82K	-680.0K
Net Change In Cash	20.35K	268.7K	-130.0K
YoY Change
FREE CASH FLOW
Cash From Operating Activities	$1.044M	$331.2K	$550.0K
Capital Expenditures	-$219.8K	-$9.670K	$0.00
Free Cash Flow	$1.264M	$340.8K	$550.0K
YoY Change

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2020Q4	us-gaap	Common Stock Value CommonStockValue	292705	USD
CY2021	dei	Auditor Location AuditorLocation	Lakewood, CO
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	615749	USD
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	84365	USD
CY2021Q4	us-gaap	Inventory Net InventoryNet	1790952	USD
CY2021Q4	us-gaap	Other Assets OtherAssets	3000	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	698580	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	849027	USD
CY2021Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3167945	USD
CY2020Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3184280	USD
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	499758	USD
CY2020Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	196299	USD
CY2021Q4	us-gaap	Assets Assets	6860349	USD
CY2020Q4	us-gaap	Assets Assets	7484742	USD
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	392431	USD
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1028749	USD
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	907013	USD
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	5242832	USD
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	48783	USD
CY2020Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1169373	USD
CY2020Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4998910	USD
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-4824	USD
CY2020Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-15636	USD
CY2021Q4	us-gaap	Dividends Receivable DividendsReceivable	310280	USD
CY2021Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	584394	USD
CY2020Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	10641	USD
CY2021Q4	laser	Laser Photonics Corp Equity LaserPhotonicsCorpEquity	5560905	USD
CY2020Q4	laser	Laser Photonics Corp Equity LaserPhotonicsCorpEquity	5286620	USD
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6860349	USD
CY2020Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	7484742	USD
CY2021Q4	laser	Dividends Paid Per Share DividendsPaidPerShare	0.07
CY2020Q4	laser	Dividends Paid Per Share DividendsPaidPerShare	0.00
CY2021	us-gaap	Revenues Revenues	4190709	USD
CY2020	us-gaap	Revenues Revenues	2154777	USD
CY2021	us-gaap	Cost Of Revenue CostOfRevenue	1542657	USD
CY2020	us-gaap	Cost Of Revenue CostOfRevenue	949782	USD
CY2021	us-gaap	Gross Profit GrossProfit	2648051	USD
CY2020	us-gaap	Gross Profit GrossProfit	1204995	USD
CY2021	us-gaap	Depreciation Depreciation	160117	USD
CY2020	us-gaap	Depreciation Depreciation	26409	USD
CY2021	us-gaap	Depreciation And Amortization DepreciationAndAmortization	236130	USD
CY2021	us-gaap	Interest And Debt Expense InterestAndDebtExpense	49351	USD
CY2021	us-gaap	Allowance For Loan And Lease Loss Recovery Of Bad Debts AllowanceForLoanAndLeaseLossRecoveryOfBadDebts	14601	USD
CY2021	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	356580	USD
CY2020	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	227420	USD
CY2021	us-gaap	Labor And Related Expense LaborAndRelatedExpense	1095524	USD
CY2020	us-gaap	Labor And Related Expense LaborAndRelatedExpense	767879	USD
CY2021	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	173968	USD
CY2020	us-gaap	Lease And Rental Expense LeaseAndRentalExpense	172646	USD
CY2021	us-gaap	Taxes Other TaxesOther	68	USD
CY2021	us-gaap	Operating Expenses OperatingExpenses	2086339	USD
CY2020	us-gaap	Operating Expenses OperatingExpenses	1194354	USD
CY2021	laser	Other Gain OtherGain	22682	USD
CY2021	us-gaap	Net Income Loss NetIncomeLoss	584394	USD
CY2020	us-gaap	Net Income Loss NetIncomeLoss	10641	USD
CY2021	laser	Net Income Loss Per Share NetIncomeLossPerShare	0.12
CY2020	laser	Net Income Loss Per Share NetIncomeLossPerShare	0.00
CY2021	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	4878417	shares
CY2020	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	29270502	shares
CY2021	laser	Number Of Weighted Average Shares Proforma After Split NumberOfWeightedAverageSharesProformaAfterSplit	7878417	shares
CY2021	laser	Net Income Loss Per Share Pro Forma NetIncomeLossPerShareProForma	0.07
CY2020	laser	Net Income Loss Per Share Pro Forma NetIncomeLossPerShareProForma	0.00
CY2020Q1	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	-140355	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	123333	USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	631304	USD
CY2020Q3	us-gaap	Net Income Loss NetIncomeLoss	16469	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	647773	USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	5286621	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	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	155174	USD
CY2021Q3	us-gaap	Stockholders Equity StockholdersEquity	5830610	USD
CY2021Q4	us-gaap	Net Income Loss NetIncomeLoss	42228	USD
CY2021Q4	laser	Distribution Amount DistributionAmount	310280	USD
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	5560906	USD
CY2021Q4	laser	Common Stock Shares After Split Amount CommonStockSharesAfterSplitAmount	5560906	USD
CY2021	us-gaap	Net Income Loss NetIncomeLoss	584394	USD
CY2020	us-gaap	Net Income Loss NetIncomeLoss	10641	USD
CY2021	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	671730	USD
CY2020	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-756095	USD
CY2021	laser	Increase Decrease In Employee Cash Advances IncreaseDecreaseInEmployeeCashAdvances	-3000	USD
CY2021	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	41793	USD
CY2020	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	690069	USD
CY2021	us-gaap	Increase Decrease In Finished Goods And Work In Process Inventories IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories	19535	USD
CY2020	us-gaap	Increase Decrease In Finished Goods And Work In Process Inventories IncreaseDecreaseInFinishedGoodsAndWorkInProcessInventories	-181453	USD
CY2021	laser	Increase Decrease In Work In Process Inventory IncreaseDecreaseInWorkInProcessInventory	7584	USD
CY2020	laser	Increase Decrease In Work In Process Inventory IncreaseDecreaseInWorkInProcessInventory	-19241	USD
CY2021	us-gaap	Increase Decrease In Retail Related Inventories IncreaseDecreaseInRetailRelatedInventories	396050	USD
CY2020	us-gaap	Increase Decrease In Retail Related Inventories IncreaseDecreaseInRetailRelatedInventories	-786414	USD
CY2021	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-636147	USD
CY2020	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	50476	USD
CY2020	laser	Increase Decrease In Unearned Product Revenues IncreaseDecreaseInUnearnedProductRevenues	779128	USD
CY2021	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	312901	USD
CY2020	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	225054	USD
CY2020	us-gaap	Increase Decrease In Accrued Income Taxes Payable IncreaseDecreaseInAccruedIncomeTaxesPayable	12665	USD
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1311254	USD
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-1328899	USD
CY2021	laser	Proceeds For Depreciation And Amortization ProceedsForDepreciationAndAmortization	160117	USD
CY2020	laser	Proceeds For Depreciation And Amortization ProceedsForDepreciationAndAmortization	26409	USD
CY2021	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	9670	USD
CY2020	us-gaap	Payments To Acquire Machinery And Equipment PaymentsToAcquireMachineryAndEquipment	794945	USD
CY2021	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	9989	USD
CY2020	us-gaap	Payments To Acquire Short Term Investments PaymentsToAcquireShortTermInvestments	9989	USD
CY2021	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	39449	USD
CY2020	us-gaap	Payments To Acquire Other Investments PaymentsToAcquireOtherInvestments	39449	USD
CY2021	us-gaap	Payments To Acquire Assets Investing Activities PaymentsToAcquireAssetsInvestingActivities	31053	USD
CY2020	us-gaap	Payments To Acquire Assets Investing Activities PaymentsToAcquireAssetsInvestingActivities	31053	USD
CY2021	us-gaap	Proceeds From Sale Of Intangible Assets ProceedsFromSaleOfIntangibleAssets	219795	USD
CY2020	us-gaap	Proceeds From Sale Of Intangible Assets ProceedsFromSaleOfIntangibleAssets	3184280	USD
CY2021	laser	Proceeds From Accumulated Amortization ProceedsFromAccumulatedAmortization	236130	USD
CY2021	laser	Operating Lease Right Of Use OperatingLeaseRightOfUse	-303459	USD
CY2020	laser	Operating Lease Right Of Use OperatingLeaseRightOfUse	-196299	USD
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-136677	USD
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4256015	USD
CY2021	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	665084	USD
CY2020	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	926768	USD
CY2021	laser	Proceeds From Deferred Lease Liability ProceedsFromDeferredLeaseLiability	-28755	USD
CY2021	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	118578	USD
CY2020	us-gaap	Proceeds From Loan Originations1 ProceedsFromLoanOriginations1	198750	USD
CY2021	us-gaap	Payments Of Dividends PaymentsOfDividends	310280	USD
CY2020	us-gaap	Proceeds From Issuance Or Sale Of Equity ProceedsFromIssuanceOrSaleOfEquity	4786110	USD
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-885541	USD
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	5911628	USD
CY2021	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	0	USD
CY2020	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	0	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	326714	USD
CY2019Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	326714	USD
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	698580	USD
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	186526	USD
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	615749	USD
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	326714	USD
CY2021	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	15456	USD
CY2020	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	68	USD
CY2021	us-gaap	Interest Paid Net InterestPaidNet	49351	USD
CY2020	us-gaap	Interest Paid Net InterestPaidNet	43300	USD
CY2021	laser	Non Cash Transalaction Ict Investment Loan Number Note Two NonCashTransalactionIctInvestmentLoanNumberNoteTwo	-428243	USD
CY2020	laser	Non Cash Transalaction Ict Investment Loan Number Note Two NonCashTransalactionIctInvestmentLoanNumberNoteTwo	-689937	USD
CY2021	laser	Non Cash Ict Investments Loan Note2 NonCashIctInvestmentsLoanNote2	-236841	USD
CY2020	laser	Non Cash Ict Investments Loan Note2 NonCashIctInvestmentsLoanNote2	-236841	USD
CY2021	laser	Notes Paid During The Year For Total NotesPaidDuringTheYearForTotal	-665084	USD
CY2020	laser	Notes Paid During The Year For Total NotesPaidDuringTheYearForTotal	-926778	USD
CY2021	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 depreciation and the fair value of our stock, stock-based compensation, debt discount and the valuation allowance relating to the Company’s deferred tax assets.</p>
CY2021Q4	laser	Cash In Hand CashInHand	326714	USD
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	756095	USD
CY2021Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	731863	USD
CY2020Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	690070	USD
CY2021Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	161918	USD
CY2020Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	181453	USD
CY2021Q4	laser	Inventory Sales Demo InventorySalesDemo	885514	USD
CY2020Q4	laser	Inventory Sales Demo InventorySalesDemo	1281564	USD
CY2021Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	11657	USD
CY2020Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	19241	USD
CY2021Q4	laser	Inventory Inventory	1790952	USD
CY2020Q4	laser	Inventory Inventory	2172328	USD
CY2021	us-gaap	Inventory Write Down InventoryWriteDown	292268	USD
CY2020	us-gaap	Inventory Write Down InventoryWriteDown	63323	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
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	698580	USD
CY2020Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	849027	USD
CY2021Q4	laser	Accumulated Depreciation AccumulatedDepreciation	160117	USD
CY2020Q4	laser	Accumulated Depreciation AccumulatedDepreciation	26409	USD
CY2021Q4	laser	Accumulated Amortization AccumulatedAmortization	-236130	USD
CY2020Q4	laser	Accumulated Amortization AccumulatedAmortization	0	USD
CY2021Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3167945	USD
CY2020Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	3186300	USD
CY2021Q4	us-gaap	Intangible Assets Current IntangibleAssetsCurrent	3167945	USD
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	105493	USD
CY2020Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	55756	USD
CY2021Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	91775	USD
CY2020Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	779128	USD
CY2021Q4	us-gaap	Credit Card Receivables CreditCardReceivables	7950	USD
CY2020Q4	us-gaap	Credit Card Receivables CreditCardReceivables	0	USD
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	171757	USD
CY2020Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	181199	USD
CY2021Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	15456	USD
CY2020Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	12665	USD
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	392431	USD
CY2020Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1028749	USD
CY2020Q4	us-gaap	Liabilities Liabilities	2198122	USD
CY2021Q4	us-gaap	Liabilities Liabilities	1299444	USD
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	907013	USD
CY2020Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1169373	USD
CY2021Q4	us-gaap	Liabilities Liabilities	1299444	USD
CY2021Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	15456	USD
CY2020Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	12665	USD
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	105493	USD
CY2020Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	55756	USD
CY2021	laser	Deferred Revenuepolicytextblock DeferredRevenuepolicytextblock	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 December 31, 2021, and December 31, 2020 the Company’s deferred revenue liabilities were recorded at $91,775 and $779,128, respectively.
CY2021Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	91775	USD
CY2020Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	779128	USD
CY2020	laser	Annual Interest AnnualInterest	0.06	pure
CY2020	us-gaap	Derivative Maturity Dates DerivativeMaturityDates	2023-01-31
CY2021Q4	laser	Ict Investments Loan Note Two ICTInvestmentsLoanNoteTwo	261684	USD
CY2020Q4	laser	Ict Investments Loan Note Two ICTInvestmentsLoanNoteTwo	689927	USD
CY2021Q4	laser	Ict Investments Loan Note One IctInvestmentsLoanNoteOne	0	USD
CY2020Q4	laser	Ict Investments Loan Note One IctInvestmentsLoanNoteOne	236841	USD
CY2021Q4	laser	Ict Investments Loan IctInvestmentsLoan	261684	USD
CY2020Q4	laser	Ict Investments Loan IctInvestmentsLoan	926768	USD
CY2021Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	0	USD
CY2020Q4	us-gaap	Deferred Tax Liabilities DeferredTaxLiabilities	28755	USD
CY2021Q4	laser	Lease Liability Less Current Other LeaseLiabilityLessCurrentOther	328001	USD
CY2020Q4	laser	Lease Liability Less Current Other LeaseLiabilityLessCurrentOther	15100	USD
CY2021Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	328001	USD
CY2020Q4	us-gaap	Operating Lease Liability OperatingLeaseLiability	43855	USD
CY2021Q4	us-gaap	Unsecured Long Term Debt UnsecuredLongTermDebt	317328	USD
CY2020Q4	us-gaap	Unsecured Long Term Debt UnsecuredLongTermDebt	198750	USD
CY2021Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	907013	USD
CY2020Q4	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	1169373	USD
CY2021Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	1299444	USD
CY2020Q4	us-gaap	Other Liabilities Noncurrent OtherLiabilitiesNoncurrent	2508231	USD
CY2020Q1	laser	Principal Amount PrincipalAmount	439990	USD
CY2020Q1	laser	Annual Interest AnnualInterest	0.06	pure
CY2020Q1	us-gaap	Derivative Maturity Dates DerivativeMaturityDates	2023-01-31
CY2021Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	0	USD
CY2020Q4	us-gaap	Long Term Notes Payable LongTermNotesPayable	181330	USD
CY2021Q4	laser	Unpaid Principal Amount UnpaidPrincipalAmount	261864	USD
CY2021	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	998353	USD
CY2020	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-1328899	USD
CY2021	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-136677	USD
CY2020	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-4256015	USD
CY2021	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-572640	USD
CY2020	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	5911628	USD
CY2020	laser	Net Cash Increase For Period NetCashIncreaseForPeriod	326713	USD
CY2020	laser	Cash At The Beginning Of Period CashAtTheBeginningOfPeriod	0	USD
CY2021	laser	Net Cash Increase For Period NetCashIncreaseForPeriod	289036	USD
CY2020	laser	Cash At End Of Period CashAtEndOfPeriod	326714	USD
CY2021	laser	Cash At End Of Period CashAtEndOfPeriod	615749	USD
CY2021	laser	Cash At The Beginning Of Period CashAtTheBeginningOfPeriod	326714	USD
CY2021Q4	laser	Working Capital WorkingCapital	2101635	USD
CY2020Q4	laser	Working Capital WorkingCapital	2226387	USD
CY2020Q4	us-gaap	Debt Conversion Original Debt Interest Rate Of Debt DebtConversionOriginalDebtInterestRateOfDebt	0.05	pure
CY2020	us-gaap	Variable Lease Payment VariableLeasePayment	15096	USD
CY2021Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	615749	USD
CY2020Q4	us-gaap	Cash Equivalents At Carrying Value CashEquivalentsAtCarryingValue	326713	USD
CY2021Q4	laser	Working Capital Excluding Cash And Cash Equivalents WorkingCapitalExcludingCashAndCashEquivalents	1485887	USD
CY2020Q4	laser	Working Capital Excluding Cash And Cash Equivalents WorkingCapitalExcludingCashAndCashEquivalents	1899674	USD
CY2021Q4	us-gaap	Assets Net AssetsNet	2101636	USD
CY2020Q4	us-gaap	Assets Net AssetsNet	2226387	USD
CY2021	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
CY2020	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
CY2021Q4	us-gaap	Area Of Land AreaOfLand	18000	sqft
CY2021	us-gaap	Variable Lease Payment VariableLeasePayment	15096	USD
CY2021	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2024-10-28
CY2021Q4	laser	Stockholders Equity Other Equity StockholdersEquityOtherEquity	6860349	USD
CY2020Q4	laser	Stockholders Equity Other Equity StockholdersEquityOtherEquity	5286620	USD
CY2020Q2	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.01	pure

Files In Submission

Name	View Source	Status
0001654954-22-004455-index-headers.html	Edgar Link	pending
0001654954-22-004455-index.html	Edgar Link	pending
0001654954-22-004455.txt	Edgar Link	pending
0001654954-22-004455-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
laser-20211231.xsd	Edgar Link	pending
laser-20211231_cal.xml	Edgar Link	unprocessable
laser-20211231_def.xml	Edgar Link	unprocessable
laser-20211231_lab.xml	Edgar Link	unprocessable
laser-20211231_pre.xml	Edgar Link	unprocessable
laser_10k.htm	Edgar Link	pending
laser_10kimg1.jpg	Edgar Link	pending
laser_10kimg2.jpg	Edgar Link	pending
laser_10kimg3.jpg	Edgar Link	pending
laser_10kimg4.jpg	Edgar Link	pending
laser_10kimg5.jpg	Edgar Link	pending
laser_10k_htm.xml	Edgar Link	completed
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

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$LASE
Laser Photonics Corp Stock $lase

2021 Q4 Form 10-K Financial Statement

#000165495422004455 Filed on April 01, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LASE Laser Photonics Corp Stock $lase

2021 Q4 Form 10-K Financial Statement

#000165495422004455 Filed on April 01, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LASE
Laser Photonics Corp Stock $lase