Laser Photonics Corporation LASE Allowance for credit losses
Allowance for credit losses at other companies
Other financials
Where this comes from
Reported directly by Laser Photonics Corporation in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.
The official record: Laser Photonics Corporation’s 10-Q, filed June 11, 2026, on SEC EDGAR. View the filing →
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Questions, answered.
- What is Laser Photonics Corporation's allowance for credit losses?
- Laser Photonics Corporation (LASE) reported allowance for credit losses of $43.8K in Q1 2026.
- How has Laser Photonics Corporation's allowance for credit losses changed year-over-year?
- Laser Photonics Corporation's allowance for credit losses increased by 311.2% year-over-year, from $10.65K to $43.8K.
- What does allowance for credit losses mean?
- An estimate of the portion of receivables or other financial assets that the company expects will not be collected. This serves as a risk indicator regarding the creditworthiness of the company's customer base and the effectiveness of its credit management policies. Higher provisions may signal deteriorating customer financial health or aggressive sales practices.