$LASE
Laser Photonics Corp Stock $lase

$lase Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000165495423010875 Filed on August 15, 2023

Income Statement

Concept	2023 Q3	2023 Q2	2022 Q2
Revenue	$1.240M	$968.1K	$1.354M
YoY Change	1.23%	-28.49%	48.02%
Cost Of Revenue	$333.3K	$283.9K	$410.6K
YoY Change	-35.05%	-30.87%	150.77%
Gross Profit	$906.2K	$684.2K	$943.0K
YoY Change	27.41%	-27.45%	25.61%
Gross Profit Margin	73.11%	70.68%	69.66%
Selling, General & Admin	$1.850M	$868.1K	$532.7K
YoY Change	365.49%	62.96%	43.98%
% of Gross Profit	204.19%	126.88%	56.49%
Research & Development	$75.43K	$40.21K
YoY Change
% of Gross Profit	8.32%	5.88%
Depreciation & Amortization	$86.17K	$100.9K	$84.08K
YoY Change	1.55%	20.05%	20.11%
% of Gross Profit	9.51%	14.75%	8.92%
Operating Expenses	$2.003M	$654.8K	$609.8K
YoY Change	315.16%	7.38%	48.61%
Operating Profit	-$1.096M	$29.43K	$333.2K
YoY Change	-578.95%	-91.17%	-2.11%
Interest Expense	$0.00	$0.00	$10.02K
YoY Change	-100.0%	-100.0%	-38.21%
% of Operating Profit		0.0%	3.01%
Other Income/Expense, Net	$0.00	-$639.00	-$10.02K
YoY Change		-93.62%	-38.21%
Pretax Income	-$1.096M	$28.79K	$323.2K
YoY Change	-600.83%	-91.09%	-0.31%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income		0.0%	0.0%
Net Earnings	-$1.096M	$28.79K	$323.2K
YoY Change	-634.6%	-91.09%	-0.31%
Net Earnings / Revenue	-88.45%	2.97%	23.88%
Basic Earnings Per Share	-$0.13	$0.00	$0.07
Diluted Earnings Per Share	-$0.13	$0.00	$41.02K
COMMON SHARES
Basic Shares Outstanding	8.253M shares	7.878M shares	4.878M shares
Diluted Shares Outstanding	7.878M shares	7.878M shares

Balance Sheet

Concept	2023 Q3	2023 Q2	2022 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$8.311M	$9.885M	$540.1K
YoY Change	3482.28%	1730.13%
Cash & Equivalents	$8.311M	$9.885M	$540.1K
Short-Term Investments
Other Short-Term Assets	$66.94K	$3.953M
YoY Change
Inventory	$2.610M	$2.216M	$1.605M
Prepaid Expenses
Receivables	$1.656M	$1.405M	$701.7K
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$12.64M	$13.84M	$2.847M
YoY Change	299.81%	386.09%	-17.14%
LONG-TERM ASSETS
Property, Plant & Equipment	$760.6K	$742.1K	$644.0K
YoY Change	22.86%	15.22%	-16.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$66.94K	$332.0K	$4.410K
YoY Change	533.26%	7428.73%
Total Long-Term Assets	$4.145M	$4.243M	$4.156M
YoY Change	3.69%	2.11%	2.12%
TOTAL ASSETS
Total Short-Term Assets	$12.64M	$13.84M	$2.847M
Total Long-Term Assets	$4.145M	$4.243M	$4.156M
Total Assets	$16.79M	$18.08M	$7.002M
YoY Change	134.49%	158.21%	-6.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$233.3K	$295.9K	$197.2K
YoY Change	17.66%	50.03%
Accrued Expenses	$352.4K	$344.5K	$145.2K
YoY Change	81.26%	137.23%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change	-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$585.7K	$640.4K	$413.5K
YoY Change	17.68%	54.87%	-31.64%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$236.1K	$305.9K	$328.0K
YoY Change	20.47%	-6.74%
Total Long-Term Liabilities	$236.1K	$305.9K	$328.0K
YoY Change	20.47%	-6.74%	-70.38%
TOTAL LIABILITIES
Total Short-Term Liabilities	$585.7K	$640.4K	$413.5K
Total Long-Term Liabilities	$236.1K	$305.9K	$328.0K
Total Liabilities	$821.8K	$946.3K	$741.5K
YoY Change	18.46%	27.62%	-56.69%
SHAREHOLDERS EQUITY
Retained Earnings	-$3.228M	-$728.2K	$969.2K
YoY Change	-374.86%	-175.13%	93.36%
Common Stock	$82.53K	$82.53K	$48.78K
YoY Change	69.18%	69.18%	-83.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$15.97M	$17.13M	$6.261M
YoY Change
Total Liabilities & Shareholders Equity	$16.79M	$18.08M	$7.002M
YoY Change	134.49%	158.21%	-6.7%

Cashflow Statement

Concept	2023 Q3	2023 Q2	2022 Q2
OPERATING ACTIVITIES
Net Income	-$1.096M	$28.79K	$323.2K
YoY Change	-634.6%	-91.09%	-0.31%
Depreciation, Depletion And Amortization	$86.17K	$100.9K	$84.08K
YoY Change	1.55%	20.05%	20.11%
Cash From Operating Activities	-$395.7K	-$1.838M	$280.1K
YoY Change	10.0%	-756.26%	-49.08%
INVESTING ACTIVITIES
Capital Expenditures	$135.6K	$139.3K	$0.00
YoY Change	-4501.95%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$135.6K	-$139.3K	$0.00
YoY Change	4301.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-1.050M	1.046M	-206.5K
YoY Change	-2019.21%	-606.68%	-69.63%
NET CHANGE
Cash From Operating Activities	-395.7K	-1.838M	280.1K
Cash From Investing Activities	-135.6K	-139.3K	0.000
Cash From Financing Activities	-1.050M	1.046M	-206.5K
Net Change In Cash	-1.581M	-931.2K	73.59K
YoY Change	413.22%	-1365.32%	-156.61%
FREE CASH FLOW
Cash From Operating Activities	-$395.7K	-$1.838M	$280.1K
Capital Expenditures	$135.6K	$139.3K	$0.00
Free Cash Flow	-$531.3K	-$1.977M	$280.1K
YoY Change	48.96%	-806.01%	-49.08%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8253419	shares
	us-gaap	Use Of Estimates UseOfEstimates	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">The preparation of financial statements in conformity with U.S. GAAP 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>
CY2023Q2	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	1404956	usd
	us-gaap	Interest Expense Debt InterestExpenseDebt	200730	usd
CY2023Q2	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	798839	usd
CY2022Q4	us-gaap	Inventory Raw Materials And Supplies InventoryRawMaterialsAndSupplies	759930	usd
CY2023Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	549699	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-583583	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	-469229	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2830886	usd
	laser	Current Liabilitiespolicytextblock CurrentLiabilitiespolicytextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">Our current liabilities consist of accounts payable, accrued liabilities, sales tax payable, current portion of operating lease payable. </p>
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9884543	usd
CY2023Q2	us-gaap	Other Assets Current OtherAssetsCurrent	3953025	usd
CY2023Q2	laser	Working Capital WorkingCapital	13197206	usd
CY2022Q4	laser	Working Capital WorkingCapital	13579732	usd
CY2023Q2	us-gaap	Other Liabilities OtherLiabilities	305892	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	2023
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2023Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8253419	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7878419	shares
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-06-30
	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	Security12b Title Security12bTitle	Common Stock, par value $.01
	dei	Trading Symbol TradingSymbol	LASE
	dei	Security Exchange Name SecurityExchangeName	NASDAQ
	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	true
	dei	Entity Shell Company EntityShellCompany	false
CY2023Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	8253419	shares
CY2023Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	9884543	usd
CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	12181799	usd
CY2023Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1404956	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1347494	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	2216052	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	1693810	usd
CY2023Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	332017	usd
CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	72527	usd
CY2023Q2	us-gaap	Assets Current AssetsCurrent	13837569	usd
CY2022Q4	us-gaap	Assets Current AssetsCurrent	15295630	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	742059	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	627848	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2830886	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2939041	usd
CY2023Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	670109	usd
CY2022Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	832072	usd
CY2023Q2	us-gaap	Assets Assets	18080623	usd
CY2022Q4	us-gaap	Assets Assets	19694592	usd
CY2023Q2	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	295852	usd
CY2022Q4	us-gaap	Accounts Payable And Accrued Liabilities Current AccountsPayableAndAccruedLiabilitiesCurrent	190388	usd
CY2023Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	344510	usd
CY2022Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	344510	usd
CY2023Q2	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	0	usd
CY2022Q4	us-gaap	Accrued Bonuses Current AccruedBonusesCurrent	1181000	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	640362	usd
CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1715898	usd
CY2023Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	305892	usd
CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	487562	usd
CY2023Q2	us-gaap	Liabilities Liabilities	946254	usd
CY2022Q4	us-gaap	Liabilities Liabilities	2203460	usd
CY2023Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7878419	shares
CY2023Q2	us-gaap	Common Stock Value CommonStockValue	82533	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	78783	usd
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	19183020	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	18140520	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-728172	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-728172	usd
CY2023Q2	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	1403013	usd
CY2022Q4	us-gaap	Loss Contingency Estimate Of Possible Loss LossContingencyEstimateOfPossibleLoss	0	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	17134369	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	17491131	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18080623	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19694592	usd
CY2023Q2	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	968049	usd
CY2022Q2	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	1353642	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	2205096	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	2565726	usd
CY2023Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	283864	usd
CY2022Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	477373	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	524992	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	832985	usd
CY2023Q2	us-gaap	Gross Profit GrossProfit	684185	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	876269	usd
	us-gaap	Gross Profit GrossProfit	1680104	usd
	us-gaap	Gross Profit GrossProfit	1732741	usd
CY2023Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	157154	usd
CY2022Q2	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	97967	usd
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	910771	usd
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	176758	usd
CY2023Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	710962	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	361003	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1787533	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	674648	usd
CY2023Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	100947	usd
CY2022Q2	us-gaap	Depreciation And Amortization DepreciationAndAmortization	84081	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	184084	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	174041	usd
CY2023Q2	us-gaap	Operating Expenses OperatingExpenses	654755	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	543050	usd
	us-gaap	Operating Expenses OperatingExpenses	2882387	usd
	us-gaap	Operating Expenses OperatingExpenses	1025447	usd
CY2023Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	29430	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	333219	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-1202283	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	707295	usd
CY2023Q2	us-gaap	Interest Expense InterestExpense	0	usd
CY2022Q2	us-gaap	Interest Expense InterestExpense	10018	usd
	us-gaap	Interest Expense InterestExpense	0	usd
	us-gaap	Interest Expense InterestExpense	14426	usd
CY2023Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-639	usd
CY2022Q2	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	-200730	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	7031	usd
CY2023Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-639	usd
CY2022Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-10018	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-200730	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-7394	usd
CY2023Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	28791	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	323201	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1403013	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	699901	usd
CY2023Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022Q2	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	0	usd
CY2023Q2	us-gaap	Net Income Loss NetIncomeLoss	28791	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	323201	usd
	us-gaap	Net Income Loss NetIncomeLoss	-1403013	usd
	us-gaap	Net Income Loss NetIncomeLoss	699901	usd
CY2023Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.00
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.07
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.17
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
CY2023Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.00
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.07
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.17
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
CY2023Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	8187485	shares
CY2022Q2	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	4878419	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	8033806	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	4878419	shares
CY2023Q2	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	8253419	shares
CY2022Q2	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	4878419	shares
	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	8253419	shares
	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	4878419	shares
	us-gaap	Net Income Loss NetIncomeLoss	-1403013	usd
	us-gaap	Net Income Loss NetIncomeLoss	699901	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	184084	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	174041	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	0	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	0	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-57462	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	-617335	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-522243	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	186026	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-259490	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-2388	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	105464	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	84728	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-1181000	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	0	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	-1970670	usd
	us-gaap	Increase Decrease In Operating Lease Liability IncreaseDecreaseInOperatingLeaseLiability	0	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	-17413	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3153366	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	507559	usd
	us-gaap	Long Term Purchase Commitment Amount LongTermPurchaseCommitmentAmount	183941	usd
	us-gaap	Long Term Purchase Commitment Amount LongTermPurchaseCommitmentAmount	0	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	6199	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	4195	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-190140	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4195	usd
	laser	Proceeds From Repayment Of Notes ProceedsFromRepaymentOfNotes	0	usd
	laser	Proceeds From Repayment Of Notes ProceedsFromRepaymentOfNotes	-261684	usd
	laser	Proceeds From Repayment Of Ppp Loan ProceedsFromRepaymentOfPppLoan	0	usd
	laser	Proceeds From Repayment Of Ppp Loan ProceedsFromRepaymentOfPppLoan	-317328	usd
	us-gaap	Proceeds From Sale Of Longterm Investments ProceedsFromSaleOfLongtermInvestments	1046250	usd
	us-gaap	Proceeds From Sale Of Longterm Investments ProceedsFromSaleOfLongtermInvestments	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	1046250	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-579012	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-2297256	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-75648	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	2181799	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	615749	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	9884543	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	540101	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	17491131	usd
	us-gaap	Net Income Loss NetIncomeLoss	-1403013	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	1046250	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	17134369	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	5512123	usd
	us-gaap	Net Income Loss NetIncomeLoss	699901	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	6212024	usd
CY2023Q2	us-gaap	Interest Expense Debt InterestExpenseDebt	639	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	254656	usd
CY2023Q2	laser	Inventory Sales Demo InventorySalesDemo	699035	usd
CY2022Q4	laser	Inventory Sales Demo InventorySalesDemo	647790	usd
CY2023Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	168480	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	31434	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	2216052	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	1693810	usd
CY2023Q2	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	368448	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	298718	usd
CY2023Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	742059	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	627848	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2939041	usd
CY2023Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	91062	usd
CY2022Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	45289	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	181670	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	90578	usd
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	-3153366	usd
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	507559	usd
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-190140	usd
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-4195	usd
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	1046250	usd
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	-579012	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-2297256	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-75648	usd
CY2023Q2	us-gaap	Liabilities Current LiabilitiesCurrent	640362	usd
CY2023Q1	us-gaap	Adjustment Of Warrants Granted For Services AdjustmentOfWarrantsGrantedForServices	25000	usd
CY2023Q2	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	350000	shares
CY2023Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	921750	usd
	laser	Stock Transactions Parenthetical Disclosures StockTransactionsParentheticalDisclosures	These awards were exercised on April 17, 2023 at lower price decreased by $705,000 total
	laser	Related Party Transactionspolicytextblock RelatedPartyTransactionspolicytextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">ICT Investments is providing to the Company accounting services at a cost of $5,690 per month and various management services as needed bases. For the three months ended June 30, 2023 and for the six months ended June 30, 2023, pursuant to an arrangement with ICT Investment, the Company paid in total $12,205 and $45,586, respectively, for various accounting services and management resources. </p>
CY2023Q2	laser	Accounting Services And Management Resources Cost AccountingServicesAndManagementResourcesCost	5690	usd
CY2023Q2	laser	Accounting Services And Management Resources Cost AccountingServicesAndManagementResourcesCost	12205	usd
	laser	Accounting Services And Management Resources Cost AccountingServicesAndManagementResourcesCost	45586	usd
	laser	Off Balance Sheet Arrangementspolicytextblock OffBalanceSheetArrangementspolicytextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px 0px 0px 0in; text-align:justify;">During the six months ended June 30, 2023, 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 0px 0px 0in; 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>

Files In Submission

Name	View Source	Status
0001654954-23-010875-index-headers.html	Edgar Link	pending
0001654954-23-010875-index.html	Edgar Link	pending
0001654954-23-010875.txt	Edgar Link	pending
0001654954-23-010875-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
laser-20230630.xsd	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
laser_10q.htm	Edgar Link	pending
laser_ex311.htm	Edgar Link	pending
laser_ex312.htm	Edgar Link	pending
laser_ex321.htm	Edgar Link	pending
laser_ex322.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
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
laser-20230630_cal.xml	Edgar Link	unprocessable
laser-20230630_lab.xml	Edgar Link	unprocessable
laser-20230630_def.xml	Edgar Link	unprocessable
laser-20230630_pre.xml	Edgar Link	unprocessable
laser_10q_htm.xml	Edgar Link	completed

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$LASE
Laser Photonics Corp Stock $lase

2023 Q3 Form 10-Q Financial Statement

#000165495423010875 Filed on August 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LASE Laser Photonics Corp Stock $lase

2023 Q3 Form 10-Q Financial Statement

#000165495423010875 Filed on August 15, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$LASE
Laser Photonics Corp Stock $lase