$LASE
Laser Photonics Corp Stock $lase

$lase Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000165495422011331 Filed on August 15, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2021 Q4
Revenue	$1.224M	$1.354M	$1.202M
YoY Change	11.46%	48.02%
Cost Of Revenue	$513.2K	$410.6K	$702.4K
YoY Change	58.16%	150.77%
Gross Profit	$711.3K	$943.0K	$499.2K
YoY Change	-8.12%	25.61%
Gross Profit Margin	58.09%	69.66%	41.54%
Selling, General & Admin	$397.5K	$532.7K	$35.53K
YoY Change	-45.58%	43.98%
% of Gross Profit	55.89%	56.49%	7.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$84.85K	$84.08K	$104.0K
YoY Change	112.5%	20.11%
% of Gross Profit	11.93%	8.92%	20.83%
Operating Expenses	$482.4K	$609.8K	$139.5K
YoY Change	-24.29%	48.61%
Operating Profit	$228.9K	$333.2K	$359.7K
YoY Change	67.12%	-2.11%
Interest Expense	$10.00K	$10.02K	-$6.050K
YoY Change	-7.81%	-38.21%
% of Operating Profit	4.37%	3.01%	-1.68%
Other Income/Expense, Net	$0.00	-$10.02K	-$313.0K
YoY Change	-100.0%	-38.21%
Pretax Income	$218.9K	$323.2K	$40.70K
YoY Change	41.34%	-0.31%
Income Tax	$13.83K	$0.00	$0.00
% Of Pretax Income	6.32%	0.0%	0.0%
Net Earnings	$205.1K	$323.2K	$42.23K
YoY Change	32.17%	-0.31%
Net Earnings / Revenue	16.75%	23.88%	3.51%
Basic Earnings Per Share	$0.04	$0.07
Diluted Earnings Per Share	$0.04	$41.02K	$5.166K
COMMON SHARES
Basic Shares Outstanding	4.878M shares	4.878M shares	29.27M shares
Diluted Shares Outstanding	4.895M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2021 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$232.0K	$540.1K	$615.8K
YoY Change
Cash & Equivalents	$232.0K	$540.1K	$615.7K
Short-Term Investments
Other Short-Term Assets	$0.00
YoY Change
Inventory	$1.682M	$1.605M	$1.791M
Prepaid Expenses
Receivables	$1.248M	$701.7K	$84.37K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$3.163M	$2.847M	$2.491M
YoY Change	-17.38%	-17.14%	-23.47%
LONG-TERM ASSETS
Property, Plant & Equipment	$619.1K	$644.0K	$698.6K
YoY Change	-16.22%	-16.57%	-17.72%
Goodwill
YoY Change
Intangibles			$3.168M
YoY Change			-0.51%
Long-Term Investments
YoY Change
Other Assets	$10.57K	$4.410K	$3.000K
YoY Change
Total Long-Term Assets	$3.997M	$4.156M	$4.369M
YoY Change	6.18%	2.12%	3.3%
TOTAL ASSETS
Total Short-Term Assets	$3.163M	$2.847M	$2.491M
Total Long-Term Assets	$3.997M	$4.156M	$4.369M
Total Assets	$7.160M	$7.002M	$6.860M
YoY Change	-5.7%	-6.7%	-8.34%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$198.3K	$197.2K	$105.5K
YoY Change			89.2%
Accrued Expenses	$194.4K	$145.2K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$100.0K	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$497.7K	$413.5K	$392.4K
YoY Change	-27.79%	-31.64%	-61.85%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$196.0K	$328.0K	$1.299M
YoY Change			-48.19%
Total Long-Term Liabilities	$196.0K	$328.0K	$907.0K
YoY Change	-81.73%	-70.38%	-22.44%
TOTAL LIABILITIES
Total Short-Term Liabilities	$497.7K	$413.5K	$392.4K
Total Long-Term Liabilities	$196.0K	$328.0K	$907.0K
Total Liabilities	$693.7K	$741.5K	$1.299M
YoY Change	-60.63%	-56.69%	-40.88%
SHAREHOLDERS EQUITY
Retained Earnings	$1.174M	$969.2K	$269.3K
YoY Change	117.98%	93.36%	-1822.24%
Common Stock	$48.78K	$48.78K	$48.78K
YoY Change	-83.33%	-83.33%	-83.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$6.466M	$6.261M	$5.561M
YoY Change
Total Liabilities & Shareholders Equity	$7.160M	$7.002M	$6.860M
YoY Change	-5.7%	-6.7%	-8.34%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2021 Q4
OPERATING ACTIVITIES
Net Income	$205.1K	$323.2K	$42.23K
YoY Change	32.17%	-0.31%
Depreciation, Depletion And Amortization	$84.85K	$84.08K	$104.0K
YoY Change	112.5%	20.11%
Cash From Operating Activities	-$359.7K	$280.1K	$1.044M
YoY Change	-208.63%	-49.08%
INVESTING ACTIVITIES
Capital Expenditures	-$3.080K	$0.00	-$219.8K
YoY Change	-68.15%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$3.080K	$0.00	-$219.8K
YoY Change	-68.15%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	54.71K	-206.5K	-804.0K
YoY Change	-203.58%	-69.63%
NET CHANGE
Cash From Operating Activities	-359.7K	280.1K	1.044M
Cash From Investing Activities	-3.080K	0.000	-219.8K
Cash From Financing Activities	54.71K	-206.5K	-804.0K
Net Change In Cash	-308.1K	73.59K	20.35K
YoY Change	-214.68%	-156.61%
FREE CASH FLOW
Cash From Operating Activities	-$359.7K	$280.1K	$1.044M
Capital Expenditures	-$3.080K	$0.00	-$219.8K
Free Cash Flow	-$356.7K	$280.1K	$1.264M
YoY Change	-204.64%	-49.08%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Net Income Loss NetIncomeLoss	506234	usd
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	86266	usd
	dei	Entity Central Index Key EntityCentralIndexKey	0001807887
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	4878417	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4878417	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	4878417	shares
	us-gaap	Finance Lease Right Of Use Asset Amortization FinanceLeaseRightOfUseAssetAmortization	0	usd
CY2022Q2	laser	Total Current Liabilities TotalCurrentLiabilities	850347	usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-56166
	dei	Entity Registrant Name EntityRegistrantName	Laser Photonics Corporation
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	DE
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	84-3628771
	dei	Entity Address Address Line1 EntityAddressAddressLine1	1101 N. Keller Road
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite G
	dei	Entity Address City Or Town EntityAddressCityOrTown	Orlando
	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	32810
	dei	City Area Code CityAreaCode	407
	dei	Local Phone Number LocalPhoneNumber	804 1000
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
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CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	540101	usd
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CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	701701	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	84365	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	1604926	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	1790952	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	2846728	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	2491066	usd
CY2022Q2	us-gaap	Other Assets OtherAssets	4406	usd
CY2021Q4	us-gaap	Other Assets OtherAssets	3000	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	644029	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	698580	usd
CY2022Q2	us-gaap	Intangible Assets Current IntangibleAssetsCurrent	3052650	usd
CY2021Q4	us-gaap	Intangible Assets Current IntangibleAssetsCurrent	3167945	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	454469	usd
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CY2022Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	71064	usd
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CY2022Q2	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	18755	usd
CY2021Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	15456	usd
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CY2022Q2	us-gaap	Notes Payable Related Parties Classified Current NotesPayableRelatedPartiesClassifiedCurrent	0	usd
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CY2021Q4	us-gaap	Long Term Loans Payable LongTermLoansPayable	317328	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	328001	usd
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CY2021Q4	us-gaap	Liabilities Liabilities	1299444	usd
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
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	us-gaap	Revenues Revenues	2565726	usd
	us-gaap	Revenues Revenues	1890517	usd
CY2022Q2	us-gaap	Cost Of Revenue CostOfRevenue	410642	usd
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	us-gaap	Cost Of Revenue CostOfRevenue	709231	usd
	us-gaap	Cost Of Revenue CostOfRevenue	515792	usd
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	us-gaap	Gross Profit GrossProfit	1856496	usd
	us-gaap	Gross Profit GrossProfit	1374725	usd
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	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1149201	usd
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CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	410334	usd
	us-gaap	Operating Expenses OperatingExpenses	1149201	usd
	us-gaap	Operating Expenses OperatingExpenses	835970	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	333219	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	340403	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	707295	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	538755	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	10018	usd
CY2021Q2	us-gaap	Interest Expense InterestExpense	16212	usd
	us-gaap	Interest Expense InterestExpense	14426	usd
	us-gaap	Interest Expense InterestExpense	32453	usd
CY2022Q2	laser	Other Other	0	usd
CY2021Q2	laser	Other Other	0	usd
	laser	Other Other	-7031	usd
	laser	Other Other	0	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-10018	usd
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-16212	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7394	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-32453	usd
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CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	68	usd
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CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	324191	usd
	us-gaap	Net Income Loss NetIncomeLoss	699901	usd
	us-gaap	Net Income Loss NetIncomeLoss	506234	usd
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4878417	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4878417	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4878417	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	4878417	shares
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.10
	us-gaap	Net Income Loss NetIncomeLoss	699901	usd
	laser	Depreciation And Amortizations DepreciationAndAmortizations	174041	usd
	laser	Depreciation And Amortizations DepreciationAndAmortizations	79859	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	617335	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	135292	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-186026	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-131475	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	87044	usd
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-42692	usd
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-20711	usd
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	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	45289	usd
	us-gaap	Increase Decrease In Operating Liabilities IncreaseDecreaseInOperatingLiabilities	86266	usd
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	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-75648	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	176757	usd
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CY2022Q2	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	727997	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	-1406	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	0	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	462270	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	200783	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	0	usd
	us-gaap	Payments To Acquire Other Productive Assets PaymentsToAcquireOtherProductiveAssets	2750	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	4195	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	2995	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4195	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-5745	usd
	laser	Proceeds From Repayment Of Loan Payable Related Party ProceedsFromRepaymentOfLoanPayableRelatedParty	-216395	usd
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	laser	Proceeds From Repayment Of Ppp Loans ProceedsFromRepaymentOfPppLoans	-317328	usd
	laser	Proceeds From Repayment Of Ppp Loans ProceedsFromRepaymentOfPppLoans	198750	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-533723	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	503470	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 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>
CY2022Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	701701	usd
CY2021Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	731863	usd
CY2022Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	181715	usd
CY2021Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	161918	usd
CY2022Q2	laser	Inventory Sales Demo InventorySalesDemo	647790	usd
CY2022Q2	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	18755	usd
CY2021Q4	laser	Inventory Sales Demo InventorySalesDemo	885514	usd
CY2022Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	47425	usd
CY2021Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	11657	usd
CY2022Q2	laser	Inventory Inventory	1604926	usd
CY2021Q4	laser	Inventory Inventory	1790952	usd
CY2022Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	241078	usd
CY2021Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	186526	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	644029	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	698580	usd
CY2022Q2	laser	Accumulated Amortization AccumulatedAmortization	-355620	usd
CY2021Q4	laser	Accumulated Amortization AccumulatedAmortization	-236130	usd
CY2022Q2	laser	Total Intangible Assets TotalIntangibleAssets	3052650	usd
CY2021Q4	laser	Total Intangible Assets TotalIntangibleAssets	3167945	usd
	laser	Current Liabilitiespolicytextblock CurrentLiabilitiespolicytextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Our current liabilities consist of accounts payable, accrued liabilities, sales tax payable, current portion of operating lease payable and deferred revenue. Sales tax liability is created when the Company sells equipment and services to another entity located in the State of Florida. Currently the sales tax rate in Orange County, our place of business, is 6.5%. As of June 30, 2022, our sales tax liability was recorded at $18,755.</p>
	srt	Interest Earning Assets Net Yield InterestEarningAssetsNetYield	0.065	pure
CY2021Q1	us-gaap	Derivative Maturity Dates DerivativeMaturityDates	2023-01-31
CY2021Q4	laser	Principal Amount PrincipalAmount	745438	usd
CY2021Q4	laser	Annual Interest Rate AnnualInterestRate	0.06	pure
CY2021Q4	laser	Unpaid Principal Amount UnpaidPrincipalAmount	261684	usd
	laser	Deferred Revenuepolicytextblock DeferredRevenuepolicytextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company requires deposits for most sales orders. These deposits are recorded as deferred revenue until such time as the revenue recognition criteria for that project or order is completed. As of June 30, 2022, our deferred revenue was recorded at $71,064 compared to $91,775 recorded at December 31, 2021.</p>
CY2022Q2	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	71064	usd
CY2021Q4	us-gaap	Deferred Revenue Current DeferredRevenueCurrent	91775	usd
	laser	Scheduleofliquidity And Capital Resourcestabletextblock ScheduleofliquidityAndCapitalResourcestabletextblock	<table cellpadding="0" style="border-spacing:0;text-align:left;font:10pt times new roman;width:100%"><tbody><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="6" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>For the six Months</strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>ending June 30,</strong></p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px"><td><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong> 2022</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="hdcell" colspan="2" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:center;"><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong> 2021</strong></p></td><td style="PADDING-BOTTOM: 1px;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Net cash provided by Operating Activities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">462,270</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">200,783</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr><tr style="height:15px;background-color:#ffffff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Net cash provided by Investing Activities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(4,195</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(5,745</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr><tr style="height:15px;background-color:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px">Net cash provided by Financing Activities</p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(533,723</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td style="width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">(18,281</td><td style="width:1%;vertical-align:bottom;white-space: nowrap;">)</td></tr></tbody></table>
	laser	Net Cash Provided By Operating Activities NetCashProvidedByOperatingActivities	462270	usd
	laser	Net Cash Provided By Operating Activities NetCashProvidedByOperatingActivities	200783	usd
	laser	Net Cash Provided By Investing Activities NetCashProvidedByInvestingActivities	-4195	usd
	laser	Net Cash Provided By Investing Activities NetCashProvidedByInvestingActivities	-5745	usd
	laser	Net Cash Provided By Financing Activities NetCashProvidedByFinancingActivities	-533723	usd
	laser	Net Cash Provided By Financing Activities NetCashProvidedByFinancingActivities	-18281	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	540101	usd
CY2022Q2	laser	Current Assets Excluding Cash And Cash Equivalents CurrentAssetsExcludingCashAndCashEquivalents	2306627	usd
CY2021Q4	laser	Total Current Liabilities TotalCurrentLiabilities	413475	usd
CY2022Q2	laser	Working Capital WorkingCapital	2433253	usd
CY2021Q4	laser	Working Capital WorkingCapital	2098635	usd
CY2021Q1	laser	Principal Amount PrincipalAmount	439990	usd
CY2021Q1	laser	Annual Interest AnnualInterest	0.06	pure
	laser	Off Balance Sheet Arrangementspolicytextblock OffBalanceSheetArrangementspolicytextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">During the quarter ended June 30, 2022, the Company did not engage in any off-balance sheet arrangements as defined in item 303(a)(4) of the SEC’s Regulation S-K.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The Company does not have any off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to investors.</p>
CY2022Q2	us-gaap	Area Of Land AreaOfLand	18000	sqft
	us-gaap	Variable Lease Payment VariableLeasePayment	15096	usd
	us-gaap	Lease Expiration Date1 LeaseExpirationDate1	2024-10-20

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0001654954-22-011331.txt	Edgar Link	pending
0001654954-22-011331-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
laser-20220630.xsd	Edgar Link	pending
laser_10q.htm	Edgar Link	pending
laser_ex311.htm	Edgar Link	pending
laser_ex312.htm	Edgar Link	pending
laser_ex321.htm	Edgar Link	pending
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MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
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laser-20220630_lab.xml	Edgar Link	unprocessable
laser-20220630_pre.xml	Edgar Link	unprocessable
laser_10q_htm.xml	Edgar Link	completed
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
R3.htm	Edgar Link	pending
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R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
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report.css	Edgar Link	pending
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laser-20220630_cal.xml	Edgar Link	unprocessable

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$LASE
Laser Photonics Corp Stock $lase

2022 Q3 Form 10-Q Financial Statement

#000165495422011331 Filed on August 15, 2022

Income Statement

Balance Sheet

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$LASE Laser Photonics Corp Stock $lase

2022 Q3 Form 10-Q Financial Statement

#000165495422011331 Filed on August 15, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LASE
Laser Photonics Corp Stock $lase