Laser Photonics is a vertically integrated manufacturing company for photonics based industrial products and solutions, primarily disruptive laser technologies, mainly premier Laser Blasting equipment. Our vertically integrated operations allow us to reduce development and advanced laser equipment manufacturing time, offer better prices, control quality and protect our proprietary knowhow and technology compared to other laser cleaning companies and companies with competing technologies.
Company profile
Ticker
LASE
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
IRS number
843628771
LASE stock data
Latest filings (excl ownership)
8-K/A
Departure of Directors or Certain Officers
11 Apr 24
8-K
Departure of Directors or Certain Officers
11 Apr 24
NT 10-K
Notice of late annual filing
29 Mar 24
8-K
Departure of Directors or Certain Officers
7 Feb 24
8-K
Departure of Directors or Certain Officers
26 Dec 23
8-K
Submission of Matters to a Vote of Security Holders
19 Dec 23
10-K/A
2022 FY
Annual report (amended)
17 Nov 23
10-Q
2023 Q3
Quarterly report
14 Nov 23
10-K/A
2022 FY
Annual report (amended)
30 Oct 23
DEF 14A
Definitive proxy
30 Oct 23
Latest ownership filings
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | ||||
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Operating income | ||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 8.31 mm | 8.31 mm | 8.31 mm | 8.31 mm | 8.31 mm | 8.31 mm |
Cash burn (monthly) | 524.67 k | (no burn) | 365.47 k | 366.77 k | 130.78 k | 365.43 k |
Cash used (since last report) | 3.49 mm | n/a | 2.43 mm | 2.44 mm | 870.93 k | 2.43 mm |
Cash remaining | 4.82 mm | n/a | 5.88 mm | 5.87 mm | 7.44 mm | 5.88 mm |
Runway (months of cash) | 9.2 | n/a | 16.1 | 16.0 | 56.9 | 16.1 |
Institutional ownership, Q2 2023
3.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 11 |
Opened positions | 3 |
Closed positions | 4 |
Increased positions | 3 |
Reduced positions | 2 |
13F shares | Current |
---|---|
Total value | 770.39 mm |
Total shares | 248.04 k |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 91.81 k | $284.61 mm |
BAC Bank Of America | 61.75 k | $191.43 mm |
Geode Capital Management | 37.49 k | $117.33 mm |
Schonfeld Strategic Advisors | 16.40 k | $50.84 mm |
NTRS Northern Trust | 12.70 k | $39.36 mm |
STT State Street | 12.00 k | $37.56 mm |
Turim 21 Investimentos Ltda. | 9.78 k | $30.32 mm |
UBS UBS Group AG - Registered Shares | 2.10 k | $6.52 mm |
MS Morgan Stanley | 1.88 k | $5.82 mm |
Tower Research Capital | 1.10 k | $3.41 mm |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 Oct 23 | ICT Investments | Common Stock | Grant | Acquire A | Yes | No | 1.21 | 1,000,000 | 1.21 mm | 1,000,000 |
9 Dec 22 | Dmitriy Nikitin | Common Stock | Buy | Acquire P | No | No | 1.93 | 2,385 | 4.60 k | 2,385 |
News
12 Industrials Stocks Moving In Tuesday's Intraday Session
16 Apr 24
12 Industrials Stocks Moving In Friday's Intraday Session
12 Apr 24
12 Industrials Stocks Moving In Thursday's Intraday Session
11 Apr 24
12 Industrials Stocks Moving In Wednesday's Pre-Market Session
10 Apr 24
Laser Photonics & Brokk Announce Technology Partnership To Integrate Laser Systems Into Robotics
10 Apr 24
Press releases
Laser Photonics To Attend Government Fleet Expo & Conference 2024 With Its Selection of Laser Solutions
18 Apr 24
Laser Photonics Provides Shareholder Letter and Announces Fourth Quarter and Year-End 2023 Results
15 Apr 24
Ladenburg Thalmann, Esteemed Wall Street Long-Standing Stalwart Since 1876, Advocates 'Buy' for Intelligent Bio, Precision Bio, and More: VTAK, INBS, LASE, MYMD, RVSN
9 Apr 24
Laser Photonics Secures Order From L3Harris Technologies for LaserTower Marking & Engraving System
9 Apr 24
Laser Photonics Postpones Fourth Quarter and Full-Year Fiscal 2023 Earnings Release and Call
1 Apr 24