Info on this laser you used to cut?
XTOOL D1 PRO with their once optional 40W Blue Laser. XTOOL Creative Space software which is a free download. Set to 100% power, feed rate 3mm/second. Cuts real clean, nice fit on holes for dowel stock.
For some reason the 40W blue laser is unavailable. If you are interested, I also have 20W Blue Lasers for the XTOOL D1 PRO and will test on a piece of 1/4" Birch Plywood to see if the 20W will cut it. It probably will.
EDIT: Just tested the 20W Blue XTOOL D1 PRO laser on the 1/4" Birch Plywood and it zipped right through it at a setting of 100% and rate of 3mm/second. May even go faster. Should have done some more testing, looks like I used a lot more power than necessary. Setup and did one more test cut on the 1/4" Birch ply, this time 5mm/sec and it cut but I had to gently separate it. So, 3 or 4mm/sec with the 20W Blue Laser and you're good on 1/4" ply.
Picture attached. I cut off the small piece pictured. The vertical cut on the lower left of the wood panel. Testing the 40W Blue Laser when it arrived, I cut through some 3/4" Oak plywood with it.