Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 1616

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 3
Chunk 1616
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 2024, 2023 and 2022:   For the Years Ended   December 31,   2024  2023  2022 Net Income/(Loss) $(1,857,429) $2,159,007  $7,196,327              Weighted average number of common shares outstanding:            Basic  14,802,689   14,555,279   14,080,729 Diluted  14,802,689   16,439,477   15,862,927              Basic Net Income/(Loss) per Common Share $(0.13) $0.15  $0.51 Diluted Net Income/(Loss) per Common Share $(0.13) $0.13  $0.45  As of December 31, 2024, in addition to our outstanding common stock, we have issued warrants to purchase 2,280,000 shares of common stock at $5.00 per share, all of which are vested. As of December 31, 2024, the Company had 2,500 shares of Series A Preferred Stock outstanding convertible into 250,000 shares of common stock.   As of December 31, 2024, the Company had 40,000 shares of Series B Preferred Stock outstanding convertible into 40,000 shares of common stock. There were also 142,000 shares of issuable Deferred Contingent Stock, issuable upon instruction by the respective Deferred Contingent Stock Recipients. In comparison, as of December 31, 2023, in addition to our outstanding common stock, we have issued (a) options to purchase 1,076,698 shares of common stock at $2.00 per share, (b) warrants to purchase 155,500 shares of common stock at $1.00 per share, (c) rights to purchase warrants to purchase 100,000 shares of common stock at $1.85 per share, and (d) warrants to purchase 2,280,000 shares of common stock at $5.00 per share, all of which are vested. At December 31, 2023, the Company had 2,500 shares of Series A Preferred Stock outstanding convertible into 250,000 shares of common stock.  At December 31,