LASE: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, LASE has $17,461,358 in assets. $13,362,185 in debts. $3,624,529 in cash and cash equivalents.

Unit: Dollar

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	3,624,529	78,522
Accounts receivable, net	385,425	877,522
Contract assets	462,160	657,103
Inventory	2,145,391	1,476,637
Other current assets	189,954	256,118
Total current assets	6,807,459	3,345,902
Property, plant, & equipment, net	1,102,417	1,652,952
Intangible assets, net	4,979,030	5,138,861
Other long term assets	316,730	316,378
Operating lease right-of-use asset	4,255,722	4,486,758
Total assets	17,461,358	14,940,851

Account payable-Nonrelated Party	1,592,530	1,484,062
Account payable-Related Party	182,559	126,739
Short term loan-Nonrelated Party	3,577,508	1,210,923
Short term loan-Related Party	751,000	620,000
Deferred revenue	370,229	319,872
Contract liabilities	1,552,846	1,577,417
Current portion of operating lease	283,650	440,468
Accrued expenses	843,962	562,342
Total current liabilities	9,154,284	6,341,823
Lease liability - less current	4,207,901	4,262,061
Total long term liabilities	4,207,901	4,262,061
Total liabilities	13,362,185	10,603,884
Common stock par value 0.001 100,000,000 shares authorized 22,210,204 issued and 22,202,826 outstanding as of september 30, 2025 and 14,282,395 issued and 14,257,458 outstanding as of december 31, 2024	22,210	14,276
Additional paid in capital	19,642,112	15,565,439
Retained earnings (deficit)	-15,864,546	-11,208,938
Shares to be issued-Nonrelated Party	309,400	-
Shares to be issued	-	0
Treasury stock	10,003	33,810
Total stockholders equity	4,099,173	4,336,967
Total liabilities & stockholders equity	17,461,358	14,940,851

Unit: Dollar