\n| Total Liabilities and Stockholders\u2019 Equity<\/b><\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 38,838,452<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 24,314,108<\/td>\n | \u00a0<\/td>\n<\/tr>\n<\/table>\n <\/p>\n SYNTEC OPTICS HOLDINGS, INC.<\/b>
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS<\/b>
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026 AND 2025<\/b><\/p>\n\n\n| \u00a0<\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2026<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2025<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2026<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2025<\/b><\/td>\n | \u00a0<\/b><\/td>\n<\/tr>\n\n| \u00a0<\/td>\n | \u00a0<\/b><\/td>\n | Three Months Ended<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | Six Months Ended<\/b><\/td>\n | \u00a0<\/b><\/td>\n<\/tr>\n\n| \u00a0<\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2026<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2025<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2026<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2025<\/b><\/td>\n | \u00a0<\/b><\/td>\n<\/tr>\n\n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Net Sales<\/b><\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 8,273,858<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 6,559,455<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 14,787,224<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 13,628,497<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Cost of Goods Sold<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 6,130,794<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 4,961,489<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 11,683,368<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 9,721,913<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Gross Profit<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 2,143,064<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 1,597,966<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 3,103,856<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 3,906,584<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| General and Administrative Expenses<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 1,821,676<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 1,744,216<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 3,558,515<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 3,524,382<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Income (Loss) from Operations<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 321,388<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (146,250<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (454,659<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 382,202<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Other (Expense) Income<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Other Income<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 78,182<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 11,298<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 147,482<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 16,995<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Interest Expense, Including Amortization of Debt Issuance Costs<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (143,333<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (208,969<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (334,443<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (409,865<\/td>\n | )<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Total Other Expense<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (65,151<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (197,671<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (186,961<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (392,870<\/td>\n | )<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Income (Loss) Before Provision for (Benefit) Income Taxes<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 256,237<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (343,921<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (641,620<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (10,668<\/td>\n | )<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Provision for Income Taxes<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 9,588<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Net Income (Loss)<\/b><\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 256,237<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (343,921<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (641,620<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (20,256<\/td>\n | )<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Net Income (Loss) per Common Share<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Basic and diluted<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 0.01<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (0.01<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (0.02<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 0.00<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Weighted Average Number of Common Shares Outstanding<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Basic and diluted<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 39,191,966<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 36,920,226<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 38,078,711<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 36,920,226<\/td>\n | \u00a0<\/td>\n<\/tr>\n<\/table>\n <\/p>\n SYNTEC OPTICS HOLDINGS, INC.<\/b>
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS<\/b>
FOR THE SIX MONTHS ENDED JUNE 30, 2026 AND 2025<\/b><\/p>\n\n\n| \u00a0<\/td>\n | \u00a0<\/td>\n | 2026<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 2025<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Cash Flows From Operating Activities<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Net Loss<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (641,620<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (20,256<\/td>\n | )<\/td>\n<\/tr>\n | \n| Adjustments to Reconcile Net Loss to Net Cash Provided By Operating Activities:<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Depreciation<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 1,072,164<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 1,387,427<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Amortization of Debt Issuance Costs<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 12,416<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 4,834<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Stock-Based Compensation<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 150,000<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Change in Allowance for Expected Credit Losses<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 135,611<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 75,727<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Change in Reserve for Obsolescence<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (13,107<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (18,881<\/td>\n | )<\/td>\n<\/tr>\n | \n| Changes in Operating Assets and Liabilities:<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Accounts Receivable<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (1,155,146<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (374,827<\/td>\n | )<\/td>\n<\/tr>\n | \n| Inventory<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 319,356<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (1,020,458<\/td>\n | )<\/td>\n<\/tr>\n | \n| Prepaid Expenses and Other Assets<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (108,024<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 275,288<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Accounts Payables and Accrued Expenses<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (350,747<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (344,470<\/td>\n | )<\/td>\n<\/tr>\n | \n| Federal Income Tax Payable<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 179,376<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Deferred Revenue<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 749,714<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (2,519<\/td>\n | )<\/td>\n<\/tr>\n | \n| Net Cash Provided By Operating Activities<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 170,617<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 141,241<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Cash Flows From Investing Activities<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Purchases of Property and Equipment<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (1,070,485<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (604,772<\/td>\n | )<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Net Cash Used in Investing Activities<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (1,070,485<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (604,772<\/td>\n | )<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Cash Flows From Financing Activities<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Borrowing (Repayments) on Line of Credit, Net<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (6,763,863<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 500,000<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Borrowing on Debt Obligations – Related Parties<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 200,000<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Repayments on Debt Obligations<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (46,059<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (231,430<\/td>\n | )<\/td>\n<\/tr>\n | \n| Repayments on Debt Obligations – Related Parties<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (37,805<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Repayments on Finance Lease Obligations<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (190,112<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (116,741<\/td>\n | )<\/td>\n<\/tr>\n | \n| Gross Proceeds from issuance of common stock<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 23,000,003<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Payment of common stock issuance costs<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (1,574,059<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Net Cash Provided By Financing Activities<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 14,588,105<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 151,829<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Net Increase (Decrease) in Cash<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 13,688,237<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (311,702<\/td>\n | )<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Cash – Beginning<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 358,867<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 598,787<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Cash – Ending<\/b><\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 14,047,104<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 287,085<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Supplemental Cash Flow Disclosures:<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Cash Paid for Interest<\/b><\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 105,411<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 409,579<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Cash Paid for Taxes<\/b><\/td>\n | \u00a0<\/td>\n | $<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | –<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Supplemental Disclosures of Non-Cash Investing Activities:<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Assets Acquired and Included in accounts payable<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 16,476<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 40,362<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Issuance of common stock for stock-based compensation<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 7<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 23<\/td>\n | \u00a0<\/td>\n<\/tr>\n<\/table>\n <\/p>\n NON-GAAP RECONCILIATION OF EBITDA<\/b>
FOR THE THREE AND SIX MONTHS ENDED JUNE 30, 2026 AND 2025<\/b><\/p>\n\n\n| \u00a0<\/td>\n | \u00a0<\/b><\/td>\n | Three Months Ended<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | Six Months Ended<\/b><\/td>\n | \u00a0<\/b><\/td>\n<\/tr>\n\n| \u00a0<\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2026<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2025<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2026<\/b><\/td>\n | \u00a0<\/b><\/td>\n | \u00a0<\/b><\/td>\n | June 30, 2025<\/b><\/td>\n | \u00a0<\/b><\/td>\n<\/tr>\n\n| Net (Loss) Income<\/b><\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 256,237<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (343,921<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (641,620<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | (20,256<\/td>\n | )<\/td>\n<\/tr>\n | \n| Stock-Based Compensation Expense BOD (1)<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 75,000<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 150,000<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Depreciation<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 532,482<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 676,623<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 1,072,164<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 1,387,427<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Amortization of Debt Issuance Costs<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 8,246<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 2,418<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 12,416<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 4,834<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Interest (Earned) Expense<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | (54,303<\/td>\n | )<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 207,623<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 105,411<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 409,579<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Taxes<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 9,588<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Non-Recurring Items<\/b><\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Executive Transition (2)<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 135,246<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 249,189<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| One-time Contract exit costs<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 11,750<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 21,063<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Non-recurring property damage<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | –<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 23,211<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | 21,261<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n<\/tr>\n | \n| Adjusted EBITDA<\/b><\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 817,662<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 689,739<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 721,582<\/td>\n | \u00a0<\/td>\n | \u00a0<\/td>\n | $<\/td>\n | 2,082,685<\/td>\n | \u00a0<\/td>\n<\/tr>\n<\/table>\n In the quarters ended June 30, 2026 and 2025:<\/p>\n \n\n| (1)<\/td>\n | Stock-based compensation was issued to independent Board members.<\/td>\n<\/tr>\n | \n| (2)<\/td>\n | A succession plan was required for the transition of the CEO at the 2024 year-end.<\/td>\n<\/tr>\n<\/table>\n <\/p>\n ![\"\"](\"https:\/\/ml.globenewswire.com\/media\/YzI0Y2Q2NDctNWQ1Yi00NGZhLWI2MjQtODY5NTFlNTEwZjQzLTEyNzQ2ODktMjAyNi0wOC0xMC1lbg==\/tiny\/Syntec-Optics.png\") <\/p>\n","protected":false},"excerpt":{"rendered":"
Driving Growth: Expanded Margins, Higher Positive Earnings, Strengthened Balance Sheet, and Raised Revenue Guidance ROCHESTER, NEW YORK, Aug. 10, 2026 (GLOBE NEWSWIRE) — Syntec Optics Holdings, Inc. (Nasdaq: OPTX), a leading provider of deep tech for the defense, space, AI data center, and other vibrant end-markets, today reported financial results for the second quarter ended […]<\/p>\n","protected":false},"author":3,"featured_media":32873,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[57166],"tags":[],"class_list":["post-425749","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"_links":{"self":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/425749","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/comments?post=425749"}],"version-history":[{"count":0,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/posts\/425749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media\/32873"}],"wp:attachment":[{"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/media?parent=425749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/categories?post=425749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailybanglanewspapers.com\/news\/wp-json\/wp\/v2\/tags?post=425749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}} | | | | | | | | | |