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Loss attributed to
common shareholders
-$32,558,770
(-256.46%↓ Y/Y)
Nonrelated Party
$7,921,919
Related Party
$420,089
Net loss
-$17,456,046
(-593.02%↓ Y/Y)
Deemed dividend on
common control...
$8,789,754
Deemed dividend on
cashless exercise of...
$6,312,970
Total net sales
$8,342,008
(17456.58%↑ Y/Y)
Operating loss
-$13,292,076
(-105.65%↓ Y/Y)
Total other income
(expenses), net
-$4,163,970
(-205.56%↓ Y/Y)
Gross profit
$1,202,254
(-18.82%↓ Y/Y)
Change in fair value of
derivative liability
$313,892
Cost of sales
$7,139,754
(269.14%↑ Y/Y)
Total operating
expenses
$14,494,330
(82.45%↑ Y/Y)
Interest expense, net
$3,649,808
Financing costs
additional notes principal...
$738,889
Other income
(expense), net
-$89,165
General and
administrative
$8,057,013
(188.73%↑ Y/Y)
Impairment of intangible
assets
$3,902,378
Sales and marketing
$1,784,659
(14.67%↑ Y/Y)
Research and development
$513,563
(96.08%↑ Y/Y)
Impairment of property,
plant and equipment
$236,717
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Income Statement
Laser Photonics Corp (LASE)
Laser Photonics Corp (LASE)
source: myfinsight.com