# Laser Photonics Corp (LASE) · Edgar & Edgarette company card

> Laser Photonics (LASE) grew revenue 144% in FY2025 to $8 million, operating margin -159% against a -7.6% median for miscellaneous electrical machinery, equipment & supplies, equity -53.3% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 1807887 · fiscal year ended 2025-12-31 · 5 audited years read · [page](https://www.pops4.com/boards/company/LASE) · [JSON](https://www.pops4.com/boards/company/LASE.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $8M |
| Revenue growth, 1 year | 144.3% |
| Revenue growth per year | 18.8% |
| Operating margin | -159.3% (prior year -189.3%) |
| Net margin | -209.3% |
| Operating cash flow | −$6M |
| Capital spending | — |
| Free cash flow | — |
| Cash | $650,339 |
| Long-term debt | — |
| Total assets | $9M |
| Total equity | −$5M |
| Equity ÷ assets | -53.3% |
| Return on equity | — |
| Dividend per share | — |
| Dividend years rising | — |

## Readings, computed from those figures

- Altman Z: -23.61 (distress zone)
- Piotroski F: 4 of 9 (middling)
- Beneish M: -9.55 (below the −1.78 line)
- Health Harbor boat: Rotting at the dock · four or more warning signs · filed late annual report notice, late quarterly report notice, auditor change in the last 12 months; liabilities exceed assets (often from years of share buybacks, not always distress); operating cash flow was negative; operating loss: a margin of -159.3% in FY2025; revenue is hard to predict: its 80% range is ±66%
- Cash Compass: Fast, cash not yet · growing fast, but little cash arriving so far

## Edgarette's reading

Exposure: revenue $8.3M (FY2025). Experience: revenue up 144.3% on the year, up 18.8% a year over 4 years; operating margin -159.3%, up from -189.3%. Soundness: equity -53.3% of assets (liabilities exceed assets). Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $6.9M and $34.1M next year (method v4.1: its own 5-year record of growth weighed at 57% against under $50M filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $6.2M to $38.1M. A statistical range, not company guidance. Against peers (15 filers, $50M+ revenue, miscellaneous electrical machinery, equipment & supplies): operating margin -159.3% against a -7.6% median; growth 144.3% against 6.9%.

Range logged 2026-09-24, receipt b9c32146c5868d99, status open. A statistical range, not company guidance.

## Health Watch, last 12 months

- Item NT 10-K Late annual report notice: 1, latest 2026-03-31 ([filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226014286/0001493152-26-014286-index.htm))
- Item 3.01 Exchange listing notice or transfer: 6, latest 2026-10-23 ([filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226048238/0001493152-26-048238-index.htm))
- Item NT 10-Q Late quarterly report notice: 2, latest 2026-05-15 ([filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226023846/0001493152-26-023846-index.htm))
- Item 4.01 Auditor change: 2, latest 2026-07-24 ([filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226034532/0001493152-26-034532-index.htm))
- Item 5.02 Director or officer change: 10, latest 2026-10-20 ([filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226047691/0001493152-26-047691-index.htm))

## Recent filings

- 8-K · filed 2026-11-04 · 5.03 Amendments to Articles or Bylaws; Change in Fiscal Year; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226049890/0001493152-26-049890-index.htm)
- 8-K · filed 2026-10-23 · 3.01 Notice of Delisting or Failure to Satisfy a Listing Rule · [filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226048238/0001493152-26-048238-index.htm)
- 8-K · filed 2026-10-20 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226047691/0001493152-26-047691-index.htm)
- 8-K · filed 2026-10-16 · 5.02 Departure or Election of Directors; Appointment of Officers; 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226047427/0001493152-26-047427-index.htm)
- 8-K · filed 2026-09-15 · 7.01 Regulation FD Disclosure; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226042779/0001493152-26-042779-index.htm)
- 8-K · filed 2026-09-08 · 5.02 Departure or Election of Directors; Appointment of Officers; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/1807887/000149315226041734/0001493152-26-041734-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0001807887.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1807887

## Cite

POPS4, Edgar & Edgarette: Laser Photonics Corp (LASE) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/LASE. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.