Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 1830

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 5
Chunk 1830
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For the Three Months Ended December 31, 2024    For the Three Months Ended September 30, 2024  Net Sales $8,479,605  $8,691,675 Cost of Goods Sold  6,420,952   4,933,780 Gross Profit  2,058,653   3,757,895 Operating Expenses:        Payroll Expenses  1,408,312   1,360,035 Professional Fees  195,378   156,357 Bank Charges and Merchant Fees  134,414   130,831 Advertising and Marketing  317,605   470,676 Bad Debt (Income)/Expense  (835,820)  864,345 Depreciation and Amortization  62,265   58,124 Collab Commission and Royalty Expense  103,100   180,571 Other Operating Expenses  601,081   677,659 Total Operating Expenses  1,986,335   3,898,598 Income/(Loss) From Operations  72,318   (140,703)Other Income/(Expenses)        Interest Expense  (85,279)  (88,293)Debt Financing Expenses  (2,803)  (2,803)Dividend Income  1,193   - Penalties  (4,935)  (139)Settlement Costs  (2,000)  - Loss on Disposal of Fixed Assets  (2,423)  3,641 Interest Income  27,853   39,213 Total Other Income/(Expenses)  (68,394)  (48,381)Income/(Loss) Before Provision for Income Taxes  3,924   (189,084)Provision for Income Taxes  (2,738)  (5,315)Net Income/(Loss) Attributable to LFTD Partners Inc. common stockholders $1,186  $(194,399)         Earnings/(Loss) Per Common Share Attributable to LFTD Partners Inc. common shareholders:             Basic $(0.00) $(0.01)     Diluted $(0.00) $(0.