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Laser Photonics Reports Q3 2025 Revenue Growth of 28% Year-Over-Year
Accessnewswire· 2025-12-23 12:00
Core Insights - Laser Photonics Corporation reported a year-to-date revenue of $5.8 million, reflecting a significant increase of 178% [1] - The company has filed its 10-Q and believes it has met the requirements to regain compliance with Nasdaq [1] Financial Performance - For Q3 2025, total revenue increased by 28% to $0.9 million compared to $0.7 million in Q3 2024 [1] - Gross profit was reported at ($0.2) million, which included a $0.5 million inventory write-down, compared to a gross profit of $0.6 million in the previous year [1] - The operating loss for Q3 2025 was ($3.2) million, an increase from the operating loss of ($1.7) million in Q3 2024 [1] - The net loss for the quarter was ($4.7) million, which included approximately $1.4 million in interest expense classified under "Other Income (Loss)," compared to a net loss of ($1.6) million in the same quarter last year [1] - Cash and cash equivalents at the end of Q3 2025 stood at $3.6 million, a significant increase from $0.5 million on December 31, 2024 [1]