Laser Photonics Corp: 10-Q filed 2024-11-18

Name: Laser Photonics Corp: 10-Q filed 2024-11-18
Creator: Laser Photonics Corp

What Laser Photonics Corp reported in its quarterly report filed 2024-11-18 (fiscal Q3 2024): 42 published measures, 117 facts as tagged in accession 0001493152-24-046462.

This filing

Form: 10-Q (quarterly report)
Filed: 2024-11-18
Fiscal period: fiscal Q3 2024
Accession: 0001493152-24-046462 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All Laser Photonics Corp filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

Period	Value	Unit	Days
At 2024-09-30	10,620,812	USD
At 2023-12-31	15,124,087	USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

Period	Value	Unit	Days
At 2024-09-30	933,144	USD
At 2023-12-31	1,194,835	USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

Period	Value	Unit
At 2024-09-30	9,687,668	USD
At 2024-06-30	10,283,629	USD
At 2023-12-31	13,929,252	USD
At 2023-09-30	14,228,630	USD
At 2023-06-30	15,194,989	USD
At 2022-12-31	17,131,488	USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

Period	Value	Unit	Days
At 2024-09-30	2,121,760	USD
At 2023-12-31	6,201,137	USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	-1,625,268	USD	92
2024-01-01 to 2024-09-30	-3,105,233	USD	274
2023-07-01 to 2023-09-30	-895,109	USD	92
2023-01-01 to 2023-09-30	-2,831,608	USD	273

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

Period	Value	Unit	Days
2024-01-01 to 2024-09-30	-6,443,099	USD	274
2023-01-01 to 2023-09-30	-3,474,451	USD	273

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	124,833	USD	273

Contract revenue excluding tax

Revenue from customer contracts excluding assessed taxes under this specific taxonomy concept. It is not automatically comparable to older revenue tags.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	669,182	USD	92
2024-01-01 to 2024-09-30	2,083,123	USD	274
2023-07-01 to 2023-09-30	1,303,205	USD	92
2023-01-01 to 2023-09-30	2,944,837	USD	273

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

Period	Value	Unit	Days
2024-01-01 to 2024-09-30	2,652,350	USD	274
2023-01-01 to 2023-09-30	-71,250	USD	273

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

Period	Value	Unit	Days
2024-01-01 to 2024-09-30	-288,628	USD	274
2023-01-01 to 2023-09-30	-325,580	USD	273

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

Period	Value	Unit	Days
At 2024-09-30	-8,340,719	USD
At 2023-12-31	-5,235,486	USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	12,671,166	shares	92
2024-01-01 to 2024-09-30	10,847,009	shares	274
2023-07-01 to 2023-09-30	7,878,419	shares	92
2023-01-01 to 2023-09-30	7,878,419	shares	273

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	12,671,166	shares	92
2024-01-01 to 2024-09-30	10,847,009	shares	274
2023-07-01 to 2023-09-30	7,878,419	shares	92
2023-01-01 to 2023-09-30	7,878,419	shares	273

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	-0.13	USD/shares	92
2024-01-01 to 2024-09-30	-0.29	USD/shares	274
2023-07-01 to 2023-09-30	-0.11	USD/shares	92
2023-01-01 to 2023-09-30	-0.36	USD/shares	273

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	-0.13	USD/shares	92
2024-01-01 to 2024-09-30	-0.29	USD/shares	274
2023-07-01 to 2023-09-30	-0.11	USD/shares	92
2023-01-01 to 2023-09-30	-0.36	USD/shares	273

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

Period	Value	Unit	Days
At 2024-09-30	1,258,488	USD
At 2023-12-31	952,811	USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

Period	Value	Unit	Days
2024-01-01 to 2024-09-30	33,336	USD	274

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	-1,705,897	USD	92
2024-01-01 to 2024-09-30	-3,185,899	USD	274
2023-07-01 to 2023-09-30	-890,894	USD	92
2023-01-01 to 2023-09-30	-2,827,393	USD	273

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

Period	Value	Unit	Days
At 2024-09-30	4,766,568	USD
At 2023-12-31	9,294,146	USD

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

Period	Value	Unit	Days
At 2024-09-30	886,798	USD
At 2023-12-31	1,031,844	USD

Net finite-lived intangible assets

Finite-lived intangible assets after amortization. This excludes goodwill and should not be combined with indefinite-lived intangible assets without checking scope.

Period	Value	Unit	Days
At 2024-09-30	4,026,820	USD
At 2023-12-31	4,279,987	USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	2,315,317	USD	92
2024-01-01 to 2024-09-30	4,496,541	USD	274
2023-07-01 to 2023-09-30	1,860,774	USD	92
2023-01-01 to 2023-09-30	4,885,144	USD	273

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

Period	Value	Unit	Days
At 2024-09-30	1,830,725	USD
At 2023-12-31	2,237,455	USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	609,420	USD	92
2024-01-01 to 2024-09-30	1,310,642	USD	274
2023-07-01 to 2023-09-30	969,880	USD	92
2023-01-01 to 2023-09-30	2,057,751	USD	273

Cost of revenue

Costs attributed to goods produced and sold and services provided during the period. This is not the sum of every operating expense.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	107,277	USD	92
2024-01-01 to 2024-09-30	772,481	USD	274
2023-07-01 to 2023-09-30	333,325	USD	92
2023-01-01 to 2023-09-30	887,086	USD	273

Research and development expense

Research and development costs recognized as expense. Capitalization policies and acquired projects can make this differ from total cash invested in development.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	62,802	USD	92
2024-01-01 to 2024-09-30	170,725	USD	274
2023-07-01 to 2023-09-30	75,430	USD	92
2023-01-01 to 2023-09-30	155,889	USD	273

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

Period	Value	Unit	Days
At 2024-09-30	13,807,460	shares
At 2023-12-31	9,228,482	shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

Period	Value	Unit
At 2024-09-30	2,121,760	USD
At 2023-12-31	6,201,137	USD
At 2023-09-30	8,310,518	USD
At 2022-12-31	12,181,799	USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

Period	Value	Unit	Days
At 2024-09-30	18,039,795	USD
At 2023-12-31	19,180,725	USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

Period	Value	Unit
At 2024-09-30	252,558	USD
At 2023-12-31	597,143	USD
At 2020-01-01	597,143	USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

Period	Value	Unit	Days
At 2024-09-30	252,558	USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

Period	Value	Unit	Days
At 2024-09-30	1,146,616	USD
At 2023-12-31	729,956	USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

Period	Value	Unit	Days
At 2024-09-30	4,026,820	USD
At 2023-12-31	4,279,987	USD

Accrued current liabilities

Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.

Period	Value	Unit	Days
At 2024-09-30	30,083	USD
At 2023-12-31	161,538	USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	-1,625,268	USD	92
2024-01-01 to 2024-09-30	-3,105,233	USD	274
2023-07-01 to 2023-09-30	-895,109	USD	92
2023-01-01 to 2023-09-30	-2,831,608	USD	273

Net income available to common stockholders

Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	-1,625,268	USD	92
2024-01-01 to 2024-09-30	-9,720,233	USD	274
2023-07-01 to 2023-09-30	-895,109	USD	92
2023-01-01 to 2023-09-30	-2,831,608	USD	273

General and administrative expense

General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	1,053,124	USD	92
2024-01-01 to 2024-09-30	1,845,167	USD	274
2023-07-01 to 2023-09-30	608,647	USD	92
2023-01-01 to 2023-09-30	1,936,521	USD	273

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

Period	Value	Unit	Days
2024-07-01 to 2024-09-30	80,629	USD	92
2024-01-01 to 2024-09-30	80,666	USD	274
2023-07-01 to 2023-09-30	-4,215	USD	92
2023-01-01 to 2023-09-30	-4,215	USD	273

Proceeds from issuing common stock

Cash received from issuing common stock during the period. It is gross of costs only where the filer reports it so, and it does not include noncash issuances.

Period	Value	Unit	Days
2023-01-01 to 2023-09-30	0	USD	273

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

Period	Value	Unit	Days
2024-01-01 to 2024-09-30	165,282	USD	274
2023-01-01 to 2023-09-30	36,083	USD	273

Change in inventories

The cash flow adjustment for the change in inventories during the period. A positive value under this concept means inventory grew and reduced operating cash flow.

Period	Value	Unit	Days
2024-01-01 to 2024-09-30	26,979	USD	274
2023-01-01 to 2023-09-30	640,180	USD	273

Change in accounts payable

The cash flow adjustment for the change in payables during the period. A positive value under this concept means payables grew and added to operating cash flow.

Period	Value	Unit	Days
2024-01-01 to 2024-09-30	311,874	USD	274
2023-01-01 to 2023-09-30	30,034	USD	273

Inspect the source

Entity: Laser Photonics Corp / CIK 0001807887
Captured: 2026-09-21T17:33:31.369Z
SEC response SHA-256: b4ed41e44c2255441c1575cc5d23a0aebf7437cccaeb8c112597d3a00bb57dcd

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

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import json
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with urlopen("https://canlicapital.com/company-data/0001807887.json") as response:
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print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
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