$LASE
Laser Photonics Corp Stock $lase

$lase Overview Financials Valuation SEC Filings Company Website

2023 Q4 Form 10-Q Financial Statement

#000165495423014375 Filed on November 14, 2023

Income Statement

Concept	2023 Q4	2023 Q3	2022 Q3
Revenue	$494.8K	$1.240M	$1.224M
YoY Change	-57.51%	1.23%	11.46%
Cost Of Revenue	$631.1K	$333.3K	$513.2K
YoY Change	8.14%	-35.05%	58.16%
Gross Profit	-$136.3K	$906.2K	$711.3K
YoY Change	-123.47%	27.41%	-8.12%
Gross Profit Margin	-27.55%	73.11%	58.09%
Selling, General & Admin	$550.6K	$1.850M	$397.5K
YoY Change	-77.16%	365.49%	-45.58%
% of Gross Profit		204.19%	55.89%
Research & Development	$202.3K	$75.43K
YoY Change
% of Gross Profit		8.32%
Depreciation & Amortization	$187.1K	$86.17K	$84.85K
YoY Change	116.54%	1.55%	112.5%
% of Gross Profit		9.51%	11.93%
Operating Expenses	$1.160M	$2.003M	$482.4K
YoY Change	-53.53%	315.16%	-24.29%
Operating Profit	-$1.297M	-$1.096M	$228.9K
YoY Change	-32.33%	-578.95%	67.12%
Interest Expense	$0.00	$0.00	$10.00K
YoY Change		-100.0%	-7.81%
% of Operating Profit			4.37%
Other Income/Expense, Net	$30.06K	$0.00	$0.00
YoY Change	-20140.0%		-100.0%
Pretax Income	-$1.267M	-$1.096M	$218.9K
YoY Change	-33.91%	-600.83%	41.34%
Income Tax		$0.00	$13.83K
% Of Pretax Income			6.32%
Net Earnings	-$1.267M	-$1.096M	$205.1K
YoY Change	-33.43%	-634.6%	32.17%
Net Earnings / Revenue	-255.95%	-88.45%	16.75%
Basic Earnings Per Share		-$0.13	$0.04
Diluted Earnings Per Share	-$0.14	-$0.13	$0.04
COMMON SHARES
Basic Shares Outstanding	8.253M shares	8.253M shares	4.878M shares
Diluted Shares Outstanding		7.878M shares	4.895M shares

Balance Sheet

Concept	2023 Q4	2023 Q3	2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$6.201M	$8.311M	$232.0K
YoY Change	-49.1%	3482.28%
Cash & Equivalents	$6.201M	$8.311M	$232.0K
Short-Term Investments
Other Short-Term Assets	$39.19K	$66.94K	$0.00
YoY Change
Inventory	$2.278M	$2.610M	$1.682M
Prepaid Expenses
Receivables	$816.4K	$1.656M	$1.248M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$9.335M	$12.64M	$3.163M
YoY Change	-38.68%	299.81%	-17.38%
LONG-TERM ASSETS
Property, Plant & Equipment	$952.8K	$760.6K	$619.1K
YoY Change	51.76%	22.86%	-16.22%
Goodwill
YoY Change
Intangibles	$4.280M
YoY Change
Long-Term Investments
YoY Change
Other Assets		$66.94K	$10.57K
YoY Change		533.26%
Total Long-Term Assets	$5.830M	$4.145M	$3.997M
YoY Change	30.38%	3.69%	6.18%
TOTAL ASSETS
Total Short-Term Assets	$9.335M	$12.64M	$3.163M
Total Long-Term Assets	$5.830M	$4.145M	$3.997M
Total Assets	$15.16M	$16.79M	$7.160M
YoY Change	-23.0%	134.49%	-5.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$223.0K	$233.3K	$198.3K
YoY Change	17.15%	17.66%
Accrued Expenses	$161.5K	$352.4K	$194.4K
YoY Change	-89.41%	81.26%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$100.0K
YoY Change		-100.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$1.520M	$585.7K	$497.7K
YoY Change	-11.42%	17.68%	-27.79%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$163.0K	$236.1K	$196.0K
YoY Change	-66.57%	20.47%
Total Long-Term Liabilities	$163.0K	$236.1K	$196.0K
YoY Change	-66.57%	20.47%	-81.73%
TOTAL LIABILITIES
Total Short-Term Liabilities	$1.520M	$585.7K	$497.7K
Total Long-Term Liabilities	$163.0K	$236.1K	$196.0K
Total Liabilities	$1.683M	$821.8K	$693.7K
YoY Change	-23.62%	18.46%	-60.63%
SHAREHOLDERS EQUITY
Retained Earnings	-$5.683M	-$3.228M	$1.174M
YoY Change	680.48%	-374.86%	117.98%
Common Stock	$92.53K	$82.53K	$48.78K
YoY Change	17.45%	69.18%	-83.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$25.24K
YoY Change
Treasury Stock Shares
Shareholders Equity	$13.48M	$15.97M	$6.466M
YoY Change
Total Liabilities & Shareholders Equity	$15.16M	$16.79M	$7.160M
YoY Change	-23.0%	134.49%	-5.7%

Cashflow Statement

Concept	2023 Q4	2023 Q3	2022 Q3
OPERATING ACTIVITIES
Net Income	-$1.267M	-$1.096M	$205.1K
YoY Change	-33.43%	-634.6%	32.17%
Depreciation, Depletion And Amortization	$187.1K	$86.17K	$84.85K
YoY Change	116.54%	1.55%	112.5%
Cash From Operating Activities	-$1.925M	-$395.7K	-$359.7K
YoY Change	129.29%	10.0%	-208.63%
INVESTING ACTIVITIES
Capital Expenditures	$159.2K	$135.6K	-$3.080K
YoY Change	314.88%	-4501.95%	-68.15%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	-$159.2K	-$135.6K	-$3.080K
YoY Change	314.88%	4301.95%	-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	-25.24K	-1.050M	54.71K
YoY Change	-100.2%	-2019.21%	-203.58%
NET CHANGE
Cash From Operating Activities	-1.925M	-395.7K	-359.7K
Cash From Investing Activities	-159.2K	-135.6K	-3.080K
Cash From Financing Activities	-25.24K	-1.050M	54.71K
Net Change In Cash	-2.109M	-1.581M	-308.1K
YoY Change	-117.65%	413.22%	-214.68%
FREE CASH FLOW
Cash From Operating Activities	-$1.925M	-$395.7K	-$359.7K
Capital Expenditures	$159.2K	$135.6K	-$3.080K
Free Cash Flow	-$2.084M	-$531.3K	-$356.7K
YoY Change	137.41%	48.96%	-204.64%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001807887
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2023
	dei	Entity Ex Transition Period EntityExTransitionPeriod	true
CY2023Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2022Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2023Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2022Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	7878419	shares
CY2023Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	8253419	shares
CY2023Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	8253419	shares
CY2022Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	7878419	shares
CY2023Q3	us-gaap	Costs And Expenses CostsAndExpenses	16798	usd
	us-gaap	Costs And Expenses CostsAndExpenses	216798	usd
CY2023Q3	laser	Collectible Accounts Receivable CollectibleAccountsReceivable	1248045	usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2023-09-30
	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 Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Shell Company EntityShellCompany	false
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CY2022Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	12181799	usd
CY2023Q3	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1656258	usd
CY2022Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	1347494	usd
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CY2022Q4	us-gaap	Inventory Net InventoryNet	1693810	usd
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CY2022Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	72527	usd
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CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2795587	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2939041	usd
CY2023Q3	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	588335	usd
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CY2023Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	352242	usd
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CY2022Q4	us-gaap	Liabilities Current LiabilitiesCurrent	1715897	usd
CY2023Q3	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
CY2022Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies	0	usd
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CY2022Q4	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	487562	usd
CY2023Q3	us-gaap	Liabilities Liabilities	821758	usd
CY2022Q4	us-gaap	Liabilities Liabilities	2203459	usd
CY2023Q3	us-gaap	Common Stock Value CommonStockValue	82533	usd
CY2022Q4	us-gaap	Common Stock Value CommonStockValue	78783	usd
CY2023Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	19111770	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	18140520	usd
CY2023Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-3227580	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-728170	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	15966723	usd
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CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	19694592	usd
CY2023Q3	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	1239554	usd
CY2022Q3	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	1224450	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	3444649	usd
	us-gaap	Deferred Revenue Revenue Recognized1 DeferredRevenueRevenueRecognized1	3790176	usd
CY2023Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	333325	usd
CY2022Q3	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	671095	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	858317	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	1504080	usd
CY2023Q3	us-gaap	Gross Profit GrossProfit	906228	usd
CY2022Q3	us-gaap	Gross Profit GrossProfit	553355	usd
	us-gaap	Gross Profit GrossProfit	2586332	usd
	us-gaap	Gross Profit GrossProfit	2286096	usd
CY2023Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	652097	usd
CY2022Q3	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	133766	usd
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	1562868	usd
	us-gaap	Selling And Marketing Expense SellingAndMarketingExpense	310524	usd
CY2023Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1198317	usd
CY2022Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	119646	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	3186580	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	794294	usd
CY2023Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	152210	usd
CY2022Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	84853	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	336294	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	258894	usd
CY2023Q3	us-gaap	Operating Expenses OperatingExpenses	2002625	usd
CY2022Q3	us-gaap	Operating Expenses OperatingExpenses	338265	usd
	us-gaap	Operating Expenses OperatingExpenses	5085742	usd
	us-gaap	Operating Expenses OperatingExpenses	1363712	usd
CY2023Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	-1096396	usd
CY2022Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	215090	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-2499410	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	922384	usd
CY2023Q3	us-gaap	Interest Expense InterestExpense	0	usd
CY2022Q3	us-gaap	Interest Expense InterestExpense	10000	usd
	us-gaap	Interest Expense InterestExpense	0	usd
	us-gaap	Interest Expense InterestExpense	24426	usd
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CY2022Q3	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	0	usd
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	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	7031	usd
CY2023Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	usd
CY2022Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-10000	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	0	usd
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-17394	usd
CY2023Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1096396	usd
CY2022Q3	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	205090	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-2499410	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	904990	usd
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CY2022Q3	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
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CY2022Q3	us-gaap	Net Income Loss NetIncomeLoss	205090	usd
	us-gaap	Net Income Loss NetIncomeLoss	-2499410	usd
	us-gaap	Net Income Loss NetIncomeLoss	904990	usd
CY2023Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.13
CY2022Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.04
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.31
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.19
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	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.30
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CY2022Q3	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	4878419	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	8107815	shares
	us-gaap	Weighted Average Number Of Shares Issued Basic WeightedAverageNumberOfSharesIssuedBasic	4878419	shares
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CY2022Q3	us-gaap	Pro Forma Weighted Average Shares Outstanding Diluted ProFormaWeightedAverageSharesOutstandingDiluted	4878419	shares
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	us-gaap	Net Income Loss NetIncomeLoss	-2499410	usd
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	us-gaap	Depreciation And Amortization DepreciationAndAmortization	258894	usd
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	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	308764	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	1163680	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	916449	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-108483	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	-5591	usd
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	7568	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	42930	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	84858	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-351500	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	0	usd
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	0	usd
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	-86775	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	106	usd
	us-gaap	Increase Decrease In Other Operating Liabilities IncreaseDecreaseInOtherOperatingLiabilities	3331	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-3545702	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	102532	usd
	us-gaap	Long Term Purchase Commitment Amount LongTermPurchaseCommitmentAmount	288636	usd
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	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	36944	usd
	us-gaap	Payments To Acquire Intangible Assets PaymentsToAcquireIntangibleAssets	4195	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-325580	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-7283	usd
	laser	Proceeds From Repayment Of Notes ProceedsFromRepaymentOfNotes	0	usd
	laser	Proceeds From Repayment Of Notes ProceedsFromRepaymentOfNotes	161684	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 Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-479012	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-3871282	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-383763	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	12181799	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	615749	usd
CY2023Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	8310519	usd
CY2022Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	231986	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	829500	usd
	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	0	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	17134369	usd
CY2023Q3	us-gaap	Profit Loss ProfitLoss	-1096396	usd
CY2023Q3	laser	Correction Of Stock Compensation Related Errors Amount CorrectionOfStockCompensationRelatedErrorsAmount	-71250	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	15966723	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	6260806	usd
CY2022Q3	us-gaap	Profit Loss ProfitLoss	205090	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	6465896	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	17491133	usd
	us-gaap	Profit Loss ProfitLoss	-2499410	usd
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	975000	usd
CY2023Q3	us-gaap	Stockholders Equity StockholdersEquity	15966723	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	5560906	usd
	us-gaap	Profit Loss ProfitLoss	904990	usd
CY2022Q3	us-gaap	Stockholders Equity StockholdersEquity	6465896	usd
CY2023Q3	us-gaap	Accounts Receivable Gross AccountsReceivableGross	1656258	usd
CY2023Q3	us-gaap	Interest And Debt Expense InterestAndDebtExpense	164534	usd
	us-gaap	Interest And Debt Expense InterestAndDebtExpense	365263	usd
	laser	Inventory Cash Flow Policy Textblock InventoryCashFlowPolicyTextblock	<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"><em>NOTE 5 – INVENTORY</em></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;">Inventories are stated at the lower of cost or net realizable value using the first-in first-out (FIFO) method. At September 30, 2023 and December 31, 2022, respectively, our inventory consisted of the following:</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><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="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> September 30, </strong></p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:center;"><strong>2023 </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> December 31,</strong></p><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></tr><tr style="height:15px"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Inventory</strong></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" colspan="2" style="width:9%;"><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" colspan="2" style="width:9%;"><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></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 0px 0px 15px">Equipment Parts Inventory</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%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">806,506</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%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="width:9%;vertical-align:bottom;text-align:right;">759,930</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 0px 0px 15px">Finished Goods Inventory</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;">705,905</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;">254,656</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:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px 0px 0px 15px">Sales Demo Inventory</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;">802,877</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;">647,790</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 0px 0px 15px">Work in Process Inventory</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="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">294,971</td><td style="PADDING-BOTTOM: 1px;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="BORDER-BOTTOM: 1px solid;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td><td class="ffcell" style="BORDER-BOTTOM: 1px solid;width:9%;vertical-align:bottom;text-align:right;">31,434</td><td style="PADDING-BOTTOM: 1px;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:#cceeff"><td style="vertical-align:top;"><p style="font-size:10pt;font-family:times new roman;margin:0px"><strong>Total Inventory</strong></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="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">2,610,259</td><td style="PADDING-BOTTOM: 3px;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="BORDER-BOTTOM: 3px double;width:1%;vertical-align:bottom;white-space: nowrap;">$</td><td class="ffcell" style="BORDER-BOTTOM: 3px double;width:9%;vertical-align:bottom;text-align:right;">1,693,810</td><td style="PADDING-BOTTOM: 3px;width:1%;white-space: nowrap;"><p style="font-size:10pt;font-family:times new roman;margin:0px"> </p></td></tr></tbody></table>
CY2023Q3	us-gaap	Inventory Net InventoryNet	2610259	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	1693810	usd
CY2023Q3	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	454614	usd
CY2022Q4	us-gaap	Accumulated Depreciation Depletion And Amortization Property Plant And Equipment AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment	298718	usd
CY2023Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	760588	usd
CY2022Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	627848	usd
CY2023Q3	us-gaap	Depreciation Depreciation	86166	usd
CY2022Q3	us-gaap	Depreciation Depreciation	28048	usd
	us-gaap	Depreciation Depreciation	155896	usd
	us-gaap	Depreciation Depreciation	82600	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	649627	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	469229	usd
CY2023Q3	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2795587	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	2939041	usd
CY2023Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	66044	usd
CY2022Q3	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	56805	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	180398	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	176294	usd
CY2023Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	91063	usd
CY2022Q3	us-gaap	Operating Lease Expense OperatingLeaseExpense	45289	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	272733	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	135867	usd
CY2023Q3	us-gaap	Class Of Warrant Or Right Outstanding ClassOfWarrantOrRightOutstanding	350000	shares
CY2023Q3	laser	Shares Of Granted SharesOfGranted	25000	shares
CY2023Q3	us-gaap	Accretion Expense AccretionExpense	71250	usd

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laser-20230930.xsd	Edgar Link	pending
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laser_ex101.htm	Edgar Link	pending
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laser_10q_htm.xml	Edgar Link	completed
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$LASE
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2023 Q4 Form 10-Q Financial Statement

#000165495423014375 Filed on November 14, 2023

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$LASE Laser Photonics Corp Stock $lase

2023 Q4 Form 10-Q Financial Statement

#000165495423014375 Filed on November 14, 2023

Income Statement

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Facts In Submission

Files In Submission

$LASE
Laser Photonics Corp Stock $lase