Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 2485

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 9A
Chunk 2485
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.   James S. Jacobs, M.D.   Director   Date: March 31, 2025 

  /s/ Richard E. Morrissy   Richard E. Morrissy   Director   Date: March 31, 2025 

  /s/ Kevin J. Rocio   Kevin J. Rocio   Director   Date: March 31, 2025 

 124Table of Contents

LFTD PARTNERS INC. AND SUBSIDIARY LIFTED LIQUIDS, INC.

INDEX TO THE CONSOLIDATED FINANCIAL STATEMENTS

  Page     Report of Independent Registered Public Accounting Firm (PCAOB ID: 5525) F-2 Consolidated Balance Sheets as of December 31, 2024 and 2023 F-4 Consolidated Statements of Operations for the years ended December 31, 2024, 2023 and 2022 F-5 Consolidated Statements of Shareholders’ Equity (Deficit) for the years ended December 31, 2024, 2023 and 2022 F-6 Consolidated Statements of Cash Flows for the years ended December 31, 2024, 2023 and 2022 F-7 Notes to the Consolidated Financial Statements F-8 

F-1Table of Contents

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Board of Directors and Shareholders of LFTD Partners Inc. and Subsidiary

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of LFTD Partners Inc. (“the Company”) as of December 31, 2024 and 2023, and the related consolidated statements of operations, changes in shareholders’ equity (deficit), and cash flows for each of the years in the three-year period ended December 31, 2024, and the related notes (collectively referred to as the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023 and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America.

Going Concern

The accompanying financial statements