Core Viewpoint - Bragar Eagel & Squire, P.C. is investigating potential claims against Laser Photonics Corporation for possible violations of federal securities laws and unlawful business practices [1][3]. Financial Disclosure Issues - On September 23, 2024, Laser Photonics announced that its previously issued financial statements for the year ended December 31, 2023, and the quarter ended June 30, 2024, should no longer be relied upon due to an overstatement of deferred revenue identified by its predecessor auditor, Fruci & Associates II, PLLC [3]. - Following this announcement, Laser Photonics' stock price dropped by $6.90 per share, or 36.7%, closing at $11.90 per share on September 25, 2024 [3]. Legal Rights and Investor Support - Investors who purchased or acquired Laser Photonics shares and suffered losses are encouraged to contact Bragar Eagel & Squire for information regarding their legal rights and potential claims [1][4].

Financial Performance - For the three months ending March 31, 2025, the company reported revenue of $2,291,231, representing an increase of 108% compared to $742,991 in the same period of 2024[98]. - Gross profit for the same period was $1,140,715, resulting in a gross margin of 49.8%, down from 51.9% in the prior year[98]. - The company recorded a net loss of $1,680,723 for the three months ending March 31, 2025, compared to a net loss of $545,709 in the same period of 2024[101]. - EBITDA for the three months ending March 31, 2025, was $(1,317,795), compared to $(360,393) in the same period of 2024[111]. - Adjusted EBITDA excludes interest expense, income tax provision, depreciation and amortization, stock-based compensation, and other specific costs, allowing for a clearer performance comparison[2]. Expenses and Investments - Selling, general, and administrative (SG&A) expenses increased to $900,034 in Q1 2025 from $356,265 in Q1 2024, driven by strategic investments in market reach and sales force[100]. - The company anticipates that SG&A expenses as a percentage of sales will decline in the long run as the business grows[99]. - The company plans to continue investing in research and development to enhance existing technologies and develop new products, systems, and applications[97]. Cash and Working Capital - As of March 31, 2025, the company had $179,091 in cash and a working capital deficit of $876,778, down from a total working capital of $2,091,025 on December 31, 2024[105]. Product Development - The company is developing the CleanTech™ product line, aimed at making laser cleaning technologies more accessible to small businesses[89]. Supply Chain and Risk Management - Supply chain constraints are expected to persist, impacting the company's ability to supply products and meet customer demand[91]. - The company has not utilized any derivative financial instruments and does not have borrowings, indicating minimal exposure to interest rate risk[3]. - The company operates solely within the United States and is not affected by foreign currency fluctuations or exchange rate changes[3].

Financial Performance and Growth - By December 31, 2024, the company achieved net revenues of $3.415 million, indicating a strategic position for growth in the laser technology market[18]. - The company invested nearly $4 million in development and scaling of sales and marketing operations for the year ending December 31, 2024, with a marketing and sales budget equal to 10% of gross sales[71]. - The company has a substantial amount of intangible assets, representing approximately 33% of total assets as of December 31, 2024[109]. - The company has a history of net losses and accumulated deficits, raising substantial doubt about its ability to continue as a going concern[101]. - The company may need to raise additional capital if it cannot generate sufficient revenues from operations, which could lead to dilution for existing shareholders[107]. Market Position and Strategy - The company has expanded into the pharmaceutical manufacturing vertical through the acquisition of Control Micro Systems, Inc., targeting a rapidly growing market for controlled-release medications[28]. - The company aims to broaden its customer relationships across various industries, focusing on superior product pricing, performance, and service[33]. - The company is positioned to meet the rising demand for cost-effective maintenance and repair solutions in defense and industrial sectors[37]. - The company plans to grow organically but will also pursue potential acquisitions of complementary businesses, which may pose integration challenges[112]. - The company expects to increase its business with the U.S. Government from less than 18% of U.S. revenues in 2024 to 25% over the next 12 to 24 months[130]. Product Development and Innovation - The company is developing a CleanTech™ laser blaster family aimed at small and mid-size companies, making laser cleaning technology more accessible[35]. - The CleanTech Industrial Roughening Laser 3060 delivers average power levels in the 10,000-watt range, making it the most powerful production laser blaster on the market[49]. - The CleanTech™ Laser Blaster Cabinet is designed as a safer, cleaner, and more efficient alternative to traditional sandblasting, eliminating noise, dust, and media storage[53]. - The CleanTech™ Robotic Cell integrates advanced User-Programmable AI (UPAI), allowing factory line workers to automate complex tasks without coding expertise[63]. - The CleanTech™ Laser Cleaning Robot operates at significantly lower laser power levels than traditional systems, reducing operational costs and increasing accessibility[65]. Regulatory and Compliance Issues - The company is committed to compliance with OSHA, FDA, and CDRH regulations, ensuring high operational safety and reliability for its products[77]. - The company is subject to numerous legal and regulatory requirements, and violations could result in significant fines and damage to reputation[128]. - The company is classified as an "emerging growth company" and intends to take advantage of exemptions from various public company reporting requirements until certain thresholds are met[97]. - The company faces intense competition in the market for laser-based cleaning equipment, necessitating innovation and effective marketing strategies[111]. - The company acknowledges that changes in government procurement practices could impair its ability to secure new contracts or renew existing ones[141]. Cybersecurity and Risk Management - The company has implemented a cybersecurity risk management program to mitigate risks associated with data processing and storage[207]. - Cybersecurity is integrated into the overall risk management processes, guided by the National Institute of Standards and Technology Cybersecurity Framework[208]. - The IT security team conducts regular compliance reviews, application security assessments, vulnerability management, and penetration testing as part of the risk management process[208]. - The company has experienced threats and breaches to its data and systems but these have not materially affected its business strategy or financial condition[211]. - The Board of Directors oversees the cybersecurity program, with quarterly assessments managed by the Audit Committee[212]. Corporate Governance and Ownership - ICT Investments, LLC controls approximately 59.19% of the voting power of the company's outstanding capital stock, influencing major corporate decisions[36]. - The company does not intend to pay cash dividends in the foreseeable future, having paid a one-time cash dividend of $310,280 for the year ending December 31, 2021[182]. - The exclusive forum provision in the company's bylaws may limit stockholders' ability to obtain a favorable judicial forum for disputes[189]. - The company has made changes to internal controls and procedures to meet reporting obligations, but there is no assurance these measures will be sufficient[191]. - Material weaknesses in internal controls were identified as of December 31, 2024, which could impact the accuracy of financial reporting and increase the risk of fraud[193].

Group 1 - Pomerantz LLP is investigating claims on behalf of investors of Laser Photonics Corporation regarding potential securities fraud or unlawful business practices by the company and its officers or directors [1] - On May 29, 2025, Laser Photonics disclosed to the U.S. Securities and Exchange Commission that it had not filed its Form 10-Q for the period ended March 31, 2025, and was delinquent in filing its Form 10-K for the period ended December 31, 2024, which affects its compliance with Nasdaq's Listing Rules [2] - The company has until June 16, 2025, to submit a plan to regain compliance with respect to the delinquent reports, with the delay attributed to its acquisition of certain assets of CMS for approximately $1 million [2] Group 2 - Following the announcement of the filing issues, Laser Photonics' stock price fell by $0.16 per share, or 6.53%, closing at $2.29 per share on May 30, 2025 [2]

Core Points - Pomerantz LLP is investigating claims on behalf of investors of Laser Photonics Corporation regarding potential securities fraud or unlawful business practices [1] - Laser Photonics disclosed to the U.S. Securities and Exchange Commission that it has not filed its Form 10-Q for the period ended March 31, 2025, and is delinquent in filing its Form 10-K for the period ended December 31, 2024, which affects its compliance with Nasdaq Listing Rules [3] - The company has until June 16, 2025, to submit a plan to regain compliance with the Nasdaq [3] - The delay in filings is attributed to the acquisition of certain assets of CMS for approximately $1 million [3] - Following the announcement, Laser Photonics' stock price fell by $0.16 per share, or 6.53%, closing at $2.29 per share on May 30, 2025 [3]

Core Viewpoint - Pomerantz LLP is investigating potential securities fraud or unlawful business practices by Laser Photonics Corporation and its officers or directors [1] Group 1: Company Compliance Issues - On May 29, 2025, Laser Photonics disclosed that it received a notice from Nasdaq regarding non-compliance with listing rules due to delinquent filings, specifically the Form 10-Q for the period ended March 31, 2025, and the Form 10-K for the period ended December 31, 2024 [3] - The company has until June 16, 2025, to submit a plan to regain compliance with these delinquent reports [3] - The delay in filings was attributed to the acquisition of certain assets from CMS in November 2024 for approximately $1 million [3] Group 2: Market Reaction - Following the news of the compliance issues, Laser Photonics' stock price fell by $0.16 per share, or 6.53%, closing at $2.29 per share on May 30, 2025 [3]

Revenue Performance - For the three months ending September 30, 2024, the company recognized revenue of $716,697, a decrease of $586,508 compared to $1,303,205 in the same period of 2023[110]. - For the nine months ending September 30, 2024, the company recognized revenue of $2,083,123, down by $861,714 from $2,944,837 in the same period of 2023[111]. - Approximately 92% of revenues for the first quarter of 2022 and 91% for the full 2021 fiscal year were from customers using products for materials processing[97]. Net Income and Loss - The company's net income for the three months ending September 30, 2024, was $(1,625,268), compared to $(895,109) in the same period of 2023[111]. - For the three months ending September 30, 2024, the company reported a net loss of $1,625,268, compared to a net loss of $895,109 for the same period in 2023[122]. Working Capital and Cash Position - The total working capital as of September 30, 2024, was $3,879,770, a decrease from $8,262,302 on December 31, 2023[104]. - The company had $2,121,760 in cash as of September 30, 2024, down from $8,310,518 in the same period of 2023[103]. Operational Performance - EBITDA for the three months ending September 30, 2024, was $(1,235,616), compared to $(742,899) in the same period of 2023[114]. - The EBITDA for the three months ending September 30, 2024, was $(1,235,616), while for the same period in 2023, it was $(742,899), indicating a decline in operational performance[122]. - Adjusted EBITDA for the nine months ending September 30, 2024, was $(2,271,742), compared to $(2,495,314) for the same period in 2023, showing an improvement in adjusted operational performance[122]. - Depreciation and amortization for the three months ending September 30, 2024, was $238,617, up from $152,210 in 2023, reflecting increased asset usage[122]. Supply Chain and Development - The company experienced increased lead times for certain parts and components, particularly electronic components, impacting supply chain and logistics[93]. - The company plans to continue investing in research and development to improve existing technologies and develop new products, systems, and applications[101]. - The company is developing the CleanTech™ product line, aimed at providing high-power laser cleaning systems for various material processing operations[91]. Financial Transparency and Risk Management - The company did not incur any interest expenses during the reported periods, indicating no outstanding borrowings[125]. - There were no off-balance sheet arrangements as of September 30, 2024, ensuring transparency in financial reporting[123]. - The company has not utilized any derivative financial instruments, which minimizes exposure to market volatility[125]. - The company is classified as a "smaller reporting company," which affects the regulatory information it is required to provide[124]. - The company does not currently operate facilities outside the United States, reducing exposure to foreign currency fluctuations[125]. - The company’s financial condition is not materially affected by interest rate risk or foreign currency exchange rate changes[125].

Core Viewpoint - Johnson Fistel, LLP is investigating potential violations of securities laws by Laser Photonics Corp. related to misrepresentation and failure to disclose adverse information to investors, following allegations of fraudulent activities by the company's founder [1][3]. Group 1: Investigation Details - The investigation is prompted by a report from Capybara Research, which claims that Laser Photonics has engaged in sustained fraudulent activities [3]. - Concerns have been raised regarding the operational transparency of Laser Photonics, suggesting that the company may have withheld essential financial data from investors [4]. - The company recently issued a restatement of its financials, casting doubt on the accuracy of its previous six financial reports, indicating potential discrepancies in its reported financial health [5]. Group 2: Investor Information - Investors who purchased Laser Photonics securities and suffered losses are encouraged to join the investigation, with no cost or obligation involved [2]. - Individuals with relevant nonpublic information are advised to consider assisting the investigation or utilizing the SEC Whistleblower program, which may offer rewards for original information leading to successful recoveries [6]. Group 3: Firm Background - Johnson Fistel, LLP is a nationally recognized shareholder rights law firm with offices across multiple states, representing individual and institutional investors in securities class action lawsuits [7].

Core Viewpoint - Holzer & Holzer, LLC is investigating Laser Photonics Corp. for potential violations of federal securities laws following allegations of using outdated technology and misleading investors [1] Company Investigation - Capybara Research published a report on October 1, 2024, claiming that Laser Photonics is repackaging old assets from previous failed ventures to deceive investors [1] - The report led to a decline in the stock price of Laser Photonics [1] Legal Rights and Representation - Investors who purchased Laser Photonics stock and incurred losses are encouraged to contact Holzer & Holzer for legal representation [2] - Holzer & Holzer is recognized as a top-rated securities litigation law firm, having recovered hundreds of millions of dollars for shareholders affected by corporate misconduct [3]

Core Insights - Laser Photonics Corp. is under investigation for possible securities fraud, with a potential class action being considered for affected investors [1][3] - The company's shares dropped over 13% following allegations of long-term fraud and misleading practices by its founder [3] - Recent financial restatements indicate that none of the last six financial reports can be deemed reliable, raising concerns about the company's valuation [4] Group 1 - The Portnoy Law Firm has initiated an investigation into Laser Photonics, encouraging investors who lost money to contact them for potential recovery options [1][2] - A report from Capybara Research claims that Laser Photonics has concealed crucial financial information and engaged in misleading business practices [3] - The company recently conducted a private placement of shares at a significantly lower price than the current market value, suggesting awareness of its unsustainable valuation [4] Group 2 - The Portnoy Law Firm has a history of recovering over $5.5 billion for investors affected by corporate wrongdoing [5]