Home / Going-concern warnings / Laser Photonics Corp
Filed 2026-06-11 路 Form 10-Q 路 Accession 0001493152-26-028310 micro
Price before filing: $2.15 (2026-06-10 close, split/dividend-adjusted)
Market cap at flag: $65.9M (2026-06-11) 路 Latest: $28.4M (2026-10-16)
| Window | LASE | SPY | vs SPY | |
|---|---|---|---|---|
| 30 days | -43.3% | +3.5% | -46.8% | 2026-07-13 |
| 90 days | -62.7% | +5.4% | -68.1% | 2026-09-09 |
| 180 days | pending | pending | until 2026-12-08 |
Return from the last close before the filing date to the first close on/after the window end. Pending windows have not fully elapsed. Past performance says nothing certain about the future.
90 days before the flag: 1 insider sold $6K (2 sales); 1 insider bought $47K (5 purchases)
30 days after: none reported.
| Date | Insider | Type | Shares | Price | Value | 10b5-1 plan | Source |
|---|---|---|---|---|---|---|---|
| 2026-04-25 | Lu Qing Director | Sale | 2,300 | $0.98 | $2K | no | Form 4 |
| 2026-04-25 | Lu Qing Director | Sale | 3,500 | $0.98 | $3K | no | Form 4 |
| 2026-04-27 | Lu Qing Director | Purchase | 3,500 | $0.61 | $2K | no | Form 4 |
| 2026-04-27 | Lu Qing Director | Purchase | 3,500 | $0.65 | $2K | no | Form 4 |
| 2026-04-29 | Lu Qing Director | Purchase | 15,000 | $0.64 | $10K | no | Form 4 |
| 2026-04-29 | Lu Qing Director | Purchase | 20,000 | $0.63 | $13K | no | Form 4 |
| 2026-04-30 | Lu Qing Director | Purchase | 27,000 | $0.75 | $20K | no | Form 4 |
| 2026-06-11: red flag filed | |||||||
Open-market purchases and sales (Form 4 codes P and S) by officers, directors and 10% owners, by transaction date, from 2026-03-13 to 2026-07-11. Excludes option exercises, grants, gifts and tax withholding. Amended filings replace the originals; joint filings count once. Foreign private issuers do not file Form 4. Many insider sales are pre-scheduled (10b5-1 plans) and are not by themselves a sign of wrongdoing.
"These conditions raise substantial doubt about the Company's ability to continue as a going concern within one year after the date these condensed consolidated financial statements are issued. 7 Table of Contents The improvement in working capital during the quarter was primarily attributable to financing activities completed during the period, including a February 2026 public offering, warrant exercises, and..."
Quoted from the filing. Source
The filing states that substantial doubt exists about the company's ability to continue as a going concern: it may not have enough cash to last the next 12 months. Expect dilution, debt deals or worse. An auditor's going-concern paragraph is the strongest form of this warning.
Source: management disclosure in Form 10-Q (period 2026-03-31)
Why this score: quarterly (unaudited) disclosure; also within 90 days: Auditor change, Late annual report (NT 10-K), Late quarterly report (NT 10-Q)
Read the original filing on SEC.gov →
Not investment advice. Automated summary; verify against the filing.
The week's most serious auditor changes, restatements, late filings and going-concern warnings, in plain English. Free. Unsubscribe anytime.
Subscribe to the newsletter →
The signup form didn't load here (often an ad or privacy blocker). This opens beehiiv's secure signup page.
Form not showing? Subscribe on beehiiv →
Newsletter delivered by beehiiv. See our privacy policy.