LASE
Laser Photonics Corp
Company overview
- Market capitalization
- $43.54M
- Employees
- 94
- Latest publication
- 2026-09-29
About Laser Photonics Corp
Laser Photonics Corporation operates as a vertically integrated manufacturing company for photonics-based industrial products and solutions, comprising laser cleaning technologies and applications for the pharmaceutical industry. The company provides a portfolio of laser blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning and surface conditioning. It offers laser cleaning systems, such as finishing lasers, conditioning lasers, roughening lasers, custom-built industrial laser systems, and continuous and pulsed wave laser cleaning machines; laser cutting systems, including fiber and CO2 laser cutting; and laser welding system comprising handheld laser welder, robot-operated laser welder, enclosed robotic workcell, and custom-built industrial laser systems. The company also provides laser marking systems, which include handheld systems for marking on-the-go and industrial laser systems; and laser engraving solutions. Its products are used in aviation, automotive, nuclear, maritime, defense, space, semiconductors, energy, and battery manufacturing industries. Laser Photonics Corporation was incorporated in 2019 and is headquartered in Lake Mary, Florida.
Financial statements
Income Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1,806,305USD | 2,533,467USD | 2,533,467USD | 919,284USD | 2,598,975USD | 1,332,073USD | 1,332,073USD | 716,697USD |
| Cost Of Revenue | 1,653,832USD | 3,676,089USD | 3,676,089USD | 1,104,278USD | 1,208,871USD | 1,161,669USD | 1,161,669USD | 107,277USD |
| Gross Profit | 152,473USD | -1,142,622USD | -1,142,622USD | -184,994USD | 1,390,104USD | 170,404USD | 170,404USD | 609,420USD |
| Research Development | 219,006USD | 133,539USD | 133,539USD | 132,051USD | 131,287USD | 91,186USD | 91,186USD | 62,802USD |
| Selling General Administrative | 1,504,154USD | 2,354,179USD | 2,992,381USD | 2,336,192USD | 697,265USD | 1,522,952USD | 2,121,685USD | 1,459,231USD |
| Selling And Marketing Expenses | 817,609USD | 638,202USD | — | 272,123USD | 256,635USD | 598,733USD | — | 554,667USD |
| General And Administrative Expenses | 1,504,154USD | — | — | — | — | — | — | — |
| Total Operating Expenses | 2,540,769USD | 2,257,831USD | 5,933,920USD | 3,032,321USD | 2,352,792USD | 3,447,848USD | 3,676,848USD | 2,315,317USD |
| Operating Income | -2,388,296USD | -3,400,453USD | -3,400,453USD | -3,217,315USD | -962,688USD | -3,277,444USD | -2,344,775USD | -1,705,897USD |
| Total Other Income Expense Net | -890,142USD | -5,945,360USD | -1,556,663USD | -1,438,293USD | -811,214USD | 3,863,850USD | 2,931,181USD | 80,629USD |
| Interest Expense | 434,789USD | 4,388,697USD | — | 1,445,390USD | — | — | — | — |
| Net Income | -3,278,437USD | -9,345,813USD | -9,345,813USD | -4,655,608USD | -1,773,902USD | 586,406USD | 586,406USD | -1,625,268USD |
| Income Before Tax | — | -9,345,813USD | -9,345,813USD | -4,655,608USD | -1,773,902USD | 586,406USD | 586,406USD | -1,625,268USD |
| Ebit | — | -8,053,710USD | — | -3,217,315USD | -962,688USD | -2,344,775USD | — | -1,705,897USD |
| Ebitda | — | -7,811,296USD | — | -2,925,360USD | -623,565USD | -2,042,467USD | — | -1,467,280USD |
| Depreciation And Amortization | — | 242,414USD | — | 291,955USD | 339,123USD | 302,308USD | — | 238,617USD |
| Unclassified Operating Expenses | — | — | 2,808,000USD | — | 1,267,605USD | 1,234,977USD | 1,463,977USD | — |
| Net Income From Continuing Ops | — | — | -9,345,813USD | -4,655,608USD | -1,773,902USD | -1,680,723USD | 586,406USD | -1,625,268USD |
| Reconciled Depreciation | — | — | 242,414USD | 291,955USD | 339,123USD | 237,011USD | 302,308USD | 238,617USD |
| Tax Provision | — | — | — | 0USD | 0USD | 0USD | — | 0USD |
| Income Tax Expense | — | — | — | — | — | -545,709USD | — | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Income Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD |
|---|---|---|---|---|---|---|---|
| Total Revenue | 7,921,919USD | 3,415,196USD | 3,939,473USD | 3,902,070USD | 4,190,709USD | 2,154,777USD | 737,776USD |
| Cost Of Revenue | 6,719,665USD | 1,934,150USD | 1,041,697USD | 2,087,703USD | 1,542,657USD | 949,782USD | 271,546USD |
| Gross Profit | 1,202,254USD | 1,481,046USD | 2,897,776USD | 2,866,986USD | 2,131,411USD | 1,204,995USD | 466,230USD |
| Research Development | 513,563USD | 261,911USD | 202,259USD | 100,802USD | — | — | — |
| Selling General Administrative | 8,057,013USD | 4,221,383USD | 3,303,711USD | 1,823,643USD | 713,339USD | 1,167,945USD | 15,636USD |
| Selling And Marketing Expenses | 1,784,659USD | 1,556,291USD | 1,996,363USD | 1,677,975USD | 410,693USD | 767,879USD | — |
| Total Operating Expenses | 10,355,235USD | 7,944,389USD | 6,246,010USD | 4,017,380USD | 1,520,279USD | 1,194,354USD | 15,636USD |
| Operating Income | -9,152,981USD | -6,463,343USD | -3,348,235USD | -2,069,637USD | 611,132USD | 10,641USD | -15,636USD |
| Interest Expense | 4,388,697USD | 0USD | 24,426USD | 24,426USD | 49,351USD | 0USD | — |
| Net Interest Income | -4,388,697USD | 0USD | 0USD | -24,426USD | -49,351USD | 0USD | — |
| Income Before Tax | -17,456,046USD | -2,518,827USD | -3,318,171USD | -2,094,064USD | 584,394USD | 10,641USD | -15,636USD |
| Net Income | -17,456,046USD | -2,518,827USD | -3,318,171USD | -2,094,064USD | 584,394USD | 10,641USD | -15,636USD |
| Net Income From Continuing Ops | -17,456,046USD | -2,518,827USD | -4,401,861USD | -997,461USD | 584,394USD | 10,641USD | -15,636USD |
| Ebit | -9,152,981USD | -5,530,674USD | -3,318,175USD | -2,069,638USD | 633,813USD | 10,641USD | -15,636USD |
| Ebitda | -8,042,478USD | -4,558,539USD | -2,794,795USD | -1,631,806USD | 1,030,060USD | 37,050USD | -15,636USD |
| Depreciation And Amortization | 1,110,503USD | 972,135USD | 523,380USD | 437,832USD | 396,247USD | 26,409USD | 93,816USD |
| Reconciled Depreciation | 1,110,503USD | 972,135USD | 422,691USD | 345,291USD | 396,247USD | 26,409USD | 13,205USD |
| Total Other Income Expense Net | -8,303,065USD | 3,944,516USD | 30,064USD | -24,427USD | -26,670USD | 1USD | 78,180USD |
| Unclassified Operating Expenses | — | 1,904,804USD | — | — | — | — | — |
| Income Tax Expense | — | — | 17,539USD | 17,539USD | 68USD | 1USD | -93,816USD |
| Tax Provision | — | — | 0USD | 0USD | 68USD | 68USD | — |
| Net Income Applicable To Common Shares | — | — | — | -997,461USD | 584,394USD | 10,641USD | -93,816USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Quarterly
| Metric | Q2 20262026-06-30 · USD | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Total Assets | 10,579,436USD | 9,449,602USD | 9,449,602USD | 17,461,358USD | 14,940,851USD | 17,152,147USD | 17,152,147USD | 10,620,812USD |
| Long Term Investments | 302,000USD | — | — | — | — | — | — | — |
| Total Current Assets | 4,600,859USD | 2,989,176USD | 2,989,176USD | 6,807,459USD | 3,345,902USD | 4,664,460USD | 4,664,460USD | 4,766,568USD |
| Other Current Assets | 672,568USD | 245,825USD | 120,825USD | 189,954USD | 913,221USD | 58,567USD | 58,567USD | 40,788USD |
| Total Liabilities | 11,490,989USD | — | — | — | — | — | — | — |
| Total Current Liabilities | 7,708,679USD | 10,333,813USD | 10,333,813USD | 9,154,284USD | 6,341,823USD | 2,573,435USD | 2,573,435USD | 886,798USD |
| Other Current Liabilities | 993,323USD | — | — | — | — | — | — | — |
| Total Stockholder Equity | -911,553USD | -5,036,586USD | -5,036,586USD | 4,099,173USD | 4,336,967USD | 10,212,293USD | 10,212,293USD | 9,687,668USD |
| Total Equity Including Noncontrolling Interest | -911,553USD | — | — | — | — | — | — | — |
| Deferred Revenue | 645,399USD | — | — | — | — | — | — | — |
| Net Receivables | 508,109USD | 805,885USD | 547,848USD | 847,585USD | 877,522USD | 1,733,263USD | 973,605USD | 773,295USD |
| Inventory | 1,179,167USD | 1,287,127USD | 1,287,127USD | 2,145,391USD | 1,476,637USD | 2,338,759USD | 2,338,759USD | 1,830,725USD |
| Property Plant Equipment Net | 4,802,504USD | 5,235,725USD | 5,235,725USD | 5,358,139USD | 6,139,710USD | 6,712,787USD | 6,712,787USD | 1,511,046USD |
| Intangible Assets | 874,073USD | 922,701USD | 922,701USD | 4,979,030USD | 5,138,861USD | 5,458,522USD | 5,458,522USD | 4,026,820USD |
| Short Term Debt | 249,122USD | 4,769,654USD | — | 4,612,158USD | 2,271,391USD | 649,989USD | — | 206,212USD |
| Common Stock | 47,649USD | 22,853USD | — | 22,210USD | 14,276USD | 14,257USD | — | 13,832USD |
| Retained Earnings | -31,435,080USD | -25,210,359USD | -25,210,359USD | -15,864,546USD | -11,208,938USD | -7,754,313USD | -7,754,313USD | -8,340,719USD |
| Total Liab | — | 14,486,188USD | 14,486,188USD | 13,362,185USD | 10,603,884USD | 6,939,854USD | 6,939,854USD | 933,144USD |
| Other Current Liab | — | 2,811,698USD | 338,902USD | 843,962USD | 2,266,498USD | 294,705USD | — | 36,310USD |
| Cash | — | 650,339USD | 650,339USD | 3,624,529USD | 78,522USD | 533,871USD | 533,871USD | 2,121,760USD |
| Cash And Short Term Investments | — | 650,339USD | — | 3,624,529USD | 78,522USD | 533,871USD | — | 2,121,760USD |
| Current Deferred Revenue | — | 1,157,128USD | — | 1,923,075USD | 319,872USD | 1,097,473USD | — | 116,564USD |
| Net Debt | — | 8,271,690USD | 3,905,271USD | 9,403,431USD | 6,454,930USD | 4,482,537USD | — | -1,869,202USD |
| Short Long Term Debt Total | — | 8,922,029USD | — | 13,027,960USD | 6,533,452USD | 5,016,408USD | — | 252,558USD |
| Accounts Payable | — | 1,595,333USD | 1,595,333USD | 1,775,089USD | 1,484,062USD | 531,268USD | 531,268USD | 527,712USD |
| Common Stock Shares Outstanding | — | 22,845,345shares | 22,845,375shares | 17,126,748shares | 14,276,150shares | 12,671,166shares | 14,257,458shares | 12,671,166shares |
| Non Current Assets Total | — | 6,460,426USD | 6,460,426USD | 10,653,899USD | 11,594,949USD | 12,487,687USD | 12,487,687USD | 5,854,244USD |
| Non Current Liabilities Total | — | 4,152,375USD | 4,152,375USD | 4,207,901USD | 4,262,061USD | 4,366,419USD | 4,366,419USD | 46,346USD |
| Non Currrent Assets Other | — | 302,000USD | 302,000USD | 316,730USD | 316,378USD | 316,378USD | 316,378USD | 316,378USD |
| Unclassified Non Current Liabilities | — | 4,152,375USD | 4,152,375USD | 4,207,901USD | 4,262,061USD | 4,366,419USD | 4,366,419USD | — |
| Unclassified Equity | — | 20,150,920USD | 20,150,920USD | 19,609,899USD | 15,517,353USD | 17,938,073USD | 17,952,349USD | 18,000,723USD |
| Capital Stock | — | — | 22,853USD | 22,210USD | 14,276USD | 14,276USD | 14,257USD | 13,832USD |
| Short Long Term Debt | — | — | 4,555,610USD | 4,328,508USD | 1,830,923USD | 825,000USD | — | — |
| Property Plant Equipment Gross | — | — | 7,922,041USD | 8,747,337USD | 8,909,735USD | 9,015,035USD | 9,226,338USD | 2,657,662USD |
| Net Working Capital | — | — | -7,344,637USD | -2,346,825USD | -2,995,921USD | -876,778USD | 2,091,025USD | 3,879,770USD |
| Unclassified Current Liabilities | — | — | 3,843,968USD | -4,328,508USD | -1,830,923USD | — | 2,042,167USD | — |
| Accumulated Other Comprehensive Income | — | — | — | 309,400USD | — | — | — | — |
| Source | DisclosureDeterministicFinal | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Balance sheet Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD |
|---|---|---|---|---|---|---|---|
| Total Assets | 9,449,602USD | 17,152,147USD | 15,124,087USD | 18,583,377USD | 6,860,349USD | 7,484,742USD | 495,150USD |
| Intangible Assets | 922,701USD | 5,458,522USD | 4,279,986USD | 2,939,041USD | 3,167,945USD | 3,184,280USD | — |
| Other Current Assets | 245,825USD | 58,567USD | 39,190USD | -575,263USD | 3,000USD | 1USD | — |
| Total Liab | 14,486,188USD | 6,939,854USD | 1,194,835USD | 1,451,889USD | 1,299,444USD | 2,198,121USD | 5,280USD |
| Total Stockholder Equity | -5,036,586USD | 10,212,293USD | 13,929,252USD | 17,131,488USD | 5,560,905USD | 5,286,621USD | 489,870USD |
| Other Current Liab | 2,811,698USD | 294,705USD | 161,538USD | 429,429USD | -7,950USD | -181,199USD | — |
| Common Stock | 22,853USD | 14,257USD | 92,533USD | 78,783USD | 48,783USD | 292,705USD | 26,613USD |
| Capital Stock | 22,853USD | 14,257USD | 92,533USD | 78,783USD | 48,783USD | 292,705USD | 26,613USD |
| Retained Earnings | -25,210,359USD | -7,754,313USD | -5,235,486USD | -1,917,315USD | 269,290USD | -4,995USD | -15,636USD |
| Cash | 650,339USD | 533,871USD | 6,201,137USD | 12,181,799USD | 615,749USD | 326,713USD | 0USD |
| Cash And Short Term Investments | 650,339USD | 533,871USD | 6,201,137USD | 12,181,799USD | 615,749USD | 326,713USD | — |
| Total Current Assets | 2,989,176USD | 4,664,460USD | 9,294,147USD | 13,721,708USD | 2,494,066USD | 3,255,136USD | 495,150USD |
| Total Current Liabilities | 10,333,813USD | 2,573,435USD | 1,031,844USD | 964,326USD | 392,431USD | 1,028,748USD | 5,280USD |
| Current Deferred Revenue | 1,157,128USD | 1,097,473USD | 213,114USD | — | 91,775USD | 779,128USD | — |
| Net Debt | 8,271,690USD | 4,482,537USD | -5,603,994USD | -11,349,727USD | 470,971USD | 1,023,859USD | — |
| Short Term Debt | 4,769,654USD | 649,989USD | 434,152USD | 344,510USD | 179,707USD | 362,398USD | — |
| Short Long Term Debt | 4,555,610USD | — | — | — | 7,950USD | — | — |
| Short Long Term Debt Total | 8,922,029USD | 5,016,408USD | 597,143USD | 832,072USD | 1,086,720USD | 1,350,572USD | — |
| Net Receivables | 805,885USD | 1,733,263USD | 816,364USD | 421,362USD | 84,365USD | 756,095USD | — |
| Inventory | 1,287,127USD | 2,338,759USD | 2,237,456USD | 1,693,810USD | 1,790,952USD | 2,172,327USD | 495,150USD |
| Accounts Payable | 1,595,333USD | 531,268USD | 223,040USD | 190,387USD | 113,443USD | 55,756USD | 5,280USD |
| Property Plant Equipment Net | 5,235,725USD | 6,712,787USD | 1,549,954USD | 1,922,628USD | 1,198,338USD | 1,045,326USD | 0USD |
| Property Plant Equipment Gross | 7,922,041USD | 9,226,338USD | 2,279,910USD | 1,758,638USD | 1,384,864USD | 1,071,735USD | 0USD |
| Common Stock Shares Outstanding | 17,113,914shares | 12,671,166shares | 8,934,035shares | 5,628,419shares | 4,878,417shares | 6,386,751shares | 4,883,973shares |
| Non Current Assets Total | 6,460,426USD | 12,487,687USD | 5,829,940USD | 4,861,669USD | 4,366,283USD | 4,229,606USD | 0USD |
| Non Current Liabilities Total | 4,152,375USD | 4,366,419USD | 162,991USD | 487,563USD | 907,013USD | 1,169,373USD | 5,280USD |
| Non Currrent Assets Other | 302,000USD | 316,378USD | 72,527USD | 72,527USD | 3,000USD | -4,229,606USD | — |
| Net Working Capital | -7,344,637USD | 2,091,025USD | 7,814,543USD | 13,507,207USD | 2,101,635USD | 2,226,388USD | 489,870USD |
| Unclassified Current Liabilities | -4,555,610USD | — | — | — | — | — | — |
| Unclassified Non Current Liabilities | 4,152,375USD | 4,366,419USD | — | — | — | — | — |
| Unclassified Equity | 20,128,067USD | 17,938,092USD | 18,150,172USD | 18,061,737USD | 5,194,049USD | 4,706,206USD | — |
| Accumulated Other Comprehensive Income | — | 0USD | 829,500USD | 829,500USD | 0USD | 0USD | 0USD |
| Other Assets | — | — | 1USD | 72,527USD | 3,000USD | — | — |
| Non Current Liabilities Other | — | — | — | 1USD | — | — | — |
| Net Tangible Assets | — | — | — | 14,552,092USD | 2,392,960USD | 2,102,340USD | 489,870USD |
| Long Term Debt | — | — | — | — | 579,012USD | 1,125,518USD | — |
| Other Liab | — | — | — | — | — | 28,755USD | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow YTD
| Metric | Q2 20262026-06-30 · USD |
|---|---|
| Depreciation | 236,705USD |
| Stock Based Compensation | 59,460USD |
| Change To Account Receivables | 37,499USD |
| Change To Inventory | 107,960USD |
| Change To Liabilities | 74,495USD |
| Change In Working Capital | -918,013USD |
| Operating Cash Flow | -4,735,656USD |
| Investing Cash Flow | -97,974USD |
| Financing Cash Flow | 6,339,922USD |
| Change In Cash | 1,506,292USD |
| End Cash Flow | 2,156,631USD |
| Source | DisclosureDeterministicFinal |
Cash flow Quarterly
| Metric | Q1 20262026-03-31 · USD | Q4 20252025-12-31 · USD | Q3 20252025-09-30 · USD | Q2 20252025-06-30 · USD | Q1 20252025-03-31 · USD | Q4 20242024-12-31 · USD | Q3 20242024-09-30 · USD | Q2 20242024-06-30 · USD |
|---|---|---|---|---|---|---|---|---|
| Net Income | -9,345,813USD | -9,345,813USD | -4,655,608USD | -1,773,902USD | 586,406USD | 586,406USD | 573,725USD | -2,113,562USD |
| Depreciation | 242,414USD | 242,414USD | 291,955USD | 339,123USD | 302,308USD | 302,308USD | 238,617USD | 245,894USD |
| Stock Based Compensation | 1,023,150USD | 1,023,150USD | — | — | — | 0USD | 33,336USD | -33,336USD |
| Other Non Cash Items | 1,941,637USD | 1,952,944USD | 3,967,444USD | -688,883USD | -4,631,082USD | — | -3,613,685USD | -986,349USD |
| Change To Account Receivables | 294,362USD | 90,239USD | 727,518USD | 11,634USD | -418,310USD | 341,348USD | -535,630USD | -2,707USD |
| Change To Inventory | 880,726USD | 880,726USD | -95,217USD | 525,122USD | 356,079USD | 356,079USD | -159,013USD | 21,218USD |
| Change In Working Capital | 1,177,636USD | 1,177,636USD | 1,159,261USD | 1,088,178USD | 1,046,912USD | 1,046,912USD | -388,000USD | -519,833USD |
| Total Cash From Operating Activities | -4,960,976USD | -4,960,976USD | 763,052USD | -1,035,484USD | -2,695,456USD | -2,695,456USD | -3,189,343USD | -3,407,186USD |
| Capital Expenditures | -3,083USD | 0USD | 0USD | -4USD | -64,193USD | -64,193USD | -88,880USD | 37,993USD |
| Free Cash Flow | -4,957,893USD | -4,957,893USD | 763,052USD | -1,035,480USD | -2,759,649USD | -2,759,649USD | -3,278,223USD | -2,425,493USD |
| Total Cashflows From Investing Activities | 3,083USD | — | -22,560USD | -22,560USD | -689,193USD | — | -88,880USD | -37,994USD |
| Total Cash From Financing Activities | 1,983,703USD | 1,983,703USD | 2,782,955USD | 934,915USD | 1,796,760USD | 1,796,760USD | 2,652,350USD | 1,019,687USD |
| Change In Cash | -2,974,190USD | -2,974,190USD | 3,546,007USD | -100,569USD | -1,587,889USD | -1,587,889USD | -625,873USD | -2,425,492USD |
| Begin Period Cash Flow | 3,624,529USD | 3,624,529USD | 78,522USD | 179,091USD | 2,121,760USD | 2,121,760USD | 2,747,633USD | 5,173,125USD |
| End Period Cash Flow | 650,339USD | 650,339USD | 3,624,529USD | 78,522USD | 533,871USD | 533,871USD | 2,121,760USD | 2,747,633USD |
| Other Cashflows From Investing Activities | 22,560USD | — | -22,560USD | — | -667,000USD | — | -225,783USD | — |
| Other Cashflows From Financing Activities | 2,706,547USD | — | -2,706,547USD | 934,915USD | 6,488,484USD | — | 1,019,687USD | 1,019,687USD |
| Net Borrowings | — | -722,844USD | 1,957,914USD | 934,915USD | 825,000USD | — | 0USD | 0USD |
| Issuance Of Capital Stock | — | 0USD | — | — | — | 0USD | 2,652,350USD | — |
| Unclassified Financing Cash Flow | — | 2,706,547USD | 3,531,588USD | — | -3,477,350USD | 1,796,760USD | — | 1,019,687USD |
| Investments | — | — | — | 0USD | -22,560USD | -689,193USD | -88,880USD | -37,994USD |
| Dividends Paid | — | — | — | — | -2,039,374USD | — | -1,019,687USD | -1,019,687USD |
| Unclassified Operating Cash Flow | — | — | — | — | — | -4,631,082USD | — | — |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Cash flow Yearly
| Metric | FY 20252025-12-31 · USD | FY 20242024-12-31 · USD | FY 20232023-12-31 · USD | FY 20222022-12-31 · USD | FY 20212021-12-31 · USD | FY 20202020-12-31 · USD | FY 20192019-12-31 · USD |
|---|---|---|---|---|---|---|---|
| Net Income | -17,456,046USD | -2,518,827USD | -3,318,171USD | -997,461USD | 584,394USD | 10,641USD | -15,636USD |
| Depreciation | 1,110,503USD | 972,135USD | 523,379USD | 345,291USD | 396,247USD | 26,409USD | 26,409USD |
| Stock Based Compensation | 1,579,050USD | 33,336USD | 145,550USD | 829,500USD | — | — | — |
| Other Non Cash Items | 3,051,261USD | -8,244,768USD | -1,246,099USD | 1,186,531USD | -19,313USD | 2,435,614USD | 31,680USD |
| Change To Account Receivables | 1,212,864USD | -583,592USD | -395,000USD | -1,263,129USD | 671,730USD | -756,095USD | -756,095USD |
| Change To Inventory | 1,632,798USD | 329,100USD | -1,231,796USD | 97,142USD | 381,376USD | -1,677,177USD | -495,150USD |
| Change In Working Capital | 5,324,604USD | 619,569USD | -1,575,226USD | -84,801USD | 413,959USD | -1,365,949USD | -489,870USD |
| Total Cash From Operating Activities | -6,390,628USD | -9,138,555USD | -5,470,567USD | -736,971USD | 1,375,287USD | -1,328,899USD | -505,506USD |
| Capital Expenditures | -19,477USD | -352,821USD | -484,855USD | -45,655USD | -229,465USD | -4,256,015USD | -875,436USD |
| Free Cash Flow | -6,410,105USD | -9,491,376USD | -5,955,422USD | -782,626USD | 1,145,822USD | -5,584,914USD | -505,506USD |
| Total Cashflows From Investing Activities | -19,477USD | -977,821USD | -484,855USD | -45,655USD | -229,465USD | -4,256,015USD | -4,059,716USD |
| Net Borrowings | 2,994,985USD | 0USD | 0USD | -579,012USD | -546,506USD | 1,125,518USD | 1,125,518USD |
| Total Cash From Financing Activities | 6,526,573USD | 4,449,110USD | -25,240USD | 12,348,676USD | -856,787USD | 5,911,628USD | 505,506USD |
| Issuance Of Capital Stock | 3,531,588USD | 2,652,350USD | 12,927,688USD | 12,927,688USD | 0USD | 4,786,110USD | — |
| Change In Cash | 116,468USD | -5,667,266USD | -5,980,662USD | 11,566,050USD | 289,035USD | 326,714USD | 505,506USD |
| Begin Period Cash Flow | 533,871USD | 6,201,137USD | 12,181,799USD | 615,749USD | 326,714USD | 42,225USD | 0USD |
| End Period Cash Flow | 650,339USD | 533,871USD | 6,201,137USD | 12,181,799USD | 615,749USD | 326,714USD | 42,225USD |
| Other Cashflows From Financing Activities | 44,235USD | 1,796,760USD | 1,214,325USD | 30,000USD | 118,577USD | -4,256,015USD | 505,506USD |
| Investments | — | -977,821USD | -363,952USD | -45,655USD | -229,465USD | -4,256,015USD | -169,371USD |
| Sale Purchase Of Stock | — | -25,240USD | -25,240USD | — | — | — | — |
| Other Cashflows From Investing Activities | — | -42,000USD | -408,219USD | 643,595USD | 396,247USD | -196,299USD | — |
| Unclassified Financing Cash Flow | — | 2,677,590USD | — | — | — | 4,566,295USD | — |
| Dividends Paid | — | — | -1,214,325USD | 0USD | -310,280USD | -310,280USD | -310,280USD |
| Change To Liabilities | — | — | — | 76,944USD | -636,147USD | 829,604USD | 31,680USD |
| Unclassified Operating Cash Flow | — | — | — | -2,016,031USD | — | -2,435,614USD | — |
| Unclassified Investing Cash Flow | — | — | — | — | — | 4,452,314USD | -3,014,909USD |
| Source | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy | Legacy providerLegacy |
Operating metrics
No operating metrics are currently published for this company.
Revenue breakdown
| Period | Dimension | Business / region | Revenue | Currency | Source |
|---|---|---|---|---|---|
| Q3 2021Quarterly · 2021-09-30 | Product | Product Sales | 1,075,494 | USD | 0001654954-21-012466 |
| Q3 2021Quarterly · 2021-09-30 | Product | Service Revenue Other | 23,097 | USD | 0001654954-21-012466 |
| Q3 2020Quarterly · 2020-09-30 | Product | Product Sales | 588,902 | USD | 0001654954-21-012466 |
| Q3 2020Quarterly · 2020-09-30 | Product | Service Revenue Other | 18,785 | USD | 0001654954-21-012466 |
| Q2 2020Quarterly · 2020-06-30 | Product | Product Sales | 556,145 | USD | 0001654954-21-009069 |
| Q2 2020Quarterly · 2020-06-30 | Product | Service Revenue Other | 181,631 | USD | 0001654954-21-009069 |
Periods follow company fiscal calendars. Quarterly, annual and year-to-date amounts are shown separately. Missing values are not zero. Data may be delayed, incomplete or corrected; follow the disclosure links to verify figures.