Highest-materiality recent filing
Laser Photonics terminates CFO Portal MSA, appoints Ralph Venegas as Acting CFO
Roman Franklin (CFO Portal) terminated as Principal Financial Officer; received $50,000 payment.
CEO Wayne Tupuola takes three-month health leave; Ann Tewari named Interim President
On June 16, 2026, CEO Wayne Tupuola informed the Board of a three-month leave for health reasons.
Laser Photonics Q1 revenue $0.9M (-61% YoY); net loss $2.9M; selected by U.S. Dept of War
Net sales $0.9M vs $2.3M YoY; gross loss $0.4M vs profit $0.9M; net loss $2.9M ($0.11/share).
Laser Photonics closes warrant exercise for $1.5M gross; issues new warrants at reduced price
Received $1.5M gross proceeds from cash exercise of 1,373,630 warrants at reduced price of $1.08/share (original $3.40).
CFO Carlos Sardinas resigns; controller Michael Lockey named interim principal accounting officer
Carlos Sardinas resigned as CFO effective Jan 8, 2026; no reason provided.
Laser Photonics receives Nasdaq notice for late 10-Q; no delisting
Nasdaq non-compliance notice received Nov 20, 2025 for missing Sep 30, 2025 10-Q filing.
Laser Photonics receives Nasdaq delisting notice for missing Q3 10-Q filing
Received Nasdaq notice on Nov 20 for failure to file Form 10-Q for period ended Sep 30, 2025.
Laser Photonics raises $4M in private placement of stock and warrants at $3.64/share
Gross proceeds ~$4M from sale of 1,098,902 shares at $3.64 each, plus Series A and B warrants.
Issued $2,111,111 principal unsecured notes to four holders; net proceeds $1,129,400 after 10% OID, 8% placement fee, and retiring $509,600 convertible note to Hudson Global.
Principal $455,000, 12% annual interest, 12-month term, convertible at $4.34 per share; secured promissory note.
Laser Photonics enters warrant exchange, issues 3.2M shares to eliminate dilutive warrant overhang
Laser Photonics exchanged warrants from August 2024 PIPE for 3.2M unrestricted common shares, eliminating an 0.8M share overhang.
Laser Photonics acquires Beamer Laser Marking assets for 3M shares plus warrant
Consideration: 3M restricted shares plus a warrant for 3M shares at $4.34 per share.
Laser Photonics enters $2.1M secured loan with weekly payments through Feb 2026
Principal $2,100,000; total interest $924,000; weekly payments of $94,500 starting July 16, 2025.
Laser Photonics regains Nasdaq compliance after filing delayed 10-Q and 10-K
Nasdaq confirmed compliance on July 3, 2025 after Laser Photonics filed its Form 10-Q for Q1 2025.
Laser Photonics regains Nasdaq compliance for 10-K; 10-Q still delinquent
Nasdaq confirmed on June 24, 2025 that Laser Photonics' June 23, 2025 10-K filing resolves the annual reporting delinquency.
Nasdaq grants Laser Photonics extension to June 20 to file delinquent 10-K and 10-Q
Filed 10-K for FY2024 and 10-Q for Q1 2025 are overdue; Nasdaq extension to submit or plan by June 20, 2025.
Laser Photonics receives Nasdaq delisting notice for delinquent 10-K and 10-Q
Nasdaq notice on May 22, 2025 citing failure to file Form 10-Q for Q1 2025 and continued delinquency on FY 2024 10-K.
Laser Photonics receives Nasdaq deficiency notice for late 10-K filing
Received Nasdaq notice on April 16, 2025, for not filing 2024 Form 10-K by the deadline.
Laser Photonics enters $1.05M secured term loan with Agile Capital, weekly payments of $54K
Loan principal $1,050,000 with total interest of $512,000; secured by blanket lien on all assets.
Laser Photonics acquires CMS assets for ~$1M; expands into pharmaceutical laser market
Purchase price of $1,050,000: $950k cash + 14,591 shares valued at $100k based on 30-day VWAP.
Audit Committee found Q1 and Q2 2024 financials unreliable; restatements filed May 21 and Sep 23, 2024.
Laser Photonics restates 2023 annual and Q2 2024 financials due to deferred revenue overstatement
Audit Committee determined financial statements for FY2023 and Q2 2024 should no longer be relied upon.
Laser Photonics closes $3.0M private placement of 1.5M units with warrants at $4.34
Gross proceeds $3.0M from private placement; 1,500,000 units at $2.00 per unit.
Laser Photonics auditor Fruci resigns; going concern doubt noted
Fruci & Associates resigned as auditor effective June 5, 2024; no accounting disagreements reported.
The Board of Directors of Laser Photonics has, appointed Ralph Venegas, currently VP of Finance & Reporting at Fonon Quantum Technologies, Inc. (“FQTI”), as Principal Financial Officer and Acting Chief Financial Officer of Laser Photonics.
On June 24, 2026, the Registrant (“Laser Photonics”) entered into a Termination Agreement with The CFO Portal, LLC (the “CFO Portal”) that had been engaged by Laser Photonics under the terms of a May 7, 2026, Master Services Agreement (“MSA”) under which Roman Franklin, the founder and Chief Executive Officer of the CFO Portal, had agreed to serve as Principal Financial Officer of the Company for an initial six month term.
On May 7, 2026, the registrant (“Laser Photonics” or the “Company”) appointed Roman Franklin to serve as its Chief Financial Officer and Principal Financial Officer under the terms of a Master Services Agreement
The Board of Directors of Laser Photonics accepted her resignation and appointed Tim Miller, the founder and former CEO of Control Micro Systems, Inc., to fill the vacancy created by the resignation of Shara Pathak and to be the Chairman of the Compensation Committee.
On August 22, 2024, Shara Pathak resigned as a member of the Board of Directors of the registrant (“Laser Photonics”) without any disagreement regarding the operations, policies or practices of Laser Photonics.
On April 8, 2024, the registrant (“Laser Photonics”) entered into an Offer Letter Agreement (the “Agreement”) with Carlos S. Sardinas to be Vice President, Finance, of the Company.
On April 8 2024, the registrant (“Laser Photonics”) entered into an Offer Letter Agreement (the “Agreement”) with Carlos S. Sardinas to be Vice President, Finance, of the Company.
On April 8, 2024, the registrant (“Laser Photonics”) entered into an Offer Letter Agreement (the “Agreement”) with Carlos S. Sardinas to be Vice President, Finance, of the Company.
On February 6, 2024, the Board of Directors (the “Board”) of the registrant (“Laser Photonics”) appointed Carlos M Gonzalez, age 77, to fill the vacancy on its Board for an independent director and to be Chairman of its Audit Committee following the resignation on September 20, 2023, from the Laser Photonics Board by Ryan Tennyson, an independent director who was also Chairman of the Audit Committee.
Kevin Ploche, who was hired by Jade Barnwell and is currently serving as Comptroller of Fonon Corporation, an affiliate of Laser Photonics, will serve as the Principal Financial and Accounting Officer of Laser Photonics until Laser Photonics finds a new Chief Financial Officer to replace Jade Barnwell .
On December 20, 2023, Jade Barnwell resigned as Chief Financial Officer of the registrant (“Laser Photonics”).
On September 20, 2023, Ryan Tennyson voluntarily resigned as a member of the Board of Directors of the registrant (“Laser Photonics”) without any disagreement regarding the operations, policies or practices of the Laser Photonics.
Max materiality 0.85 · Median 0.55 · Most common event regulatory