Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1676

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 1676
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, an audit of its internal control over financial reporting. As part of our audits we are required to obtain an understanding
of internal control over financial reporting but not for the purpose of expressing an opinion on the effectiveness of the Company’s internal
control over financial reporting. Accordingly, we express no such opinion.

Our audits included performing procedures to assess
the risks of material misstatement of the financial statements, whether due to error or fraud, and performing procedures that respond
to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the financial statements.
Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating
the overall presentation of the financial statements. We believe that our audits provide a reasonable basis for our opinion.

/s/ Marcum llp

Marcum llp

We have served as the Company’s auditor
since 2021.

New York, NY

April
15, 2025

F-2

La Rosa Holdings Corp. and Subsidiaries

Consolidated Balance Sheets

    December 31, 2024  
    December 31, 2023 

    Assets 

    Current assets: 

    Cash 
    $1,442,901  
    $959,604 
  
    Restricted cash 
     2,137,707  
     1,484,223 
  
    Accounts receivable, net of allowance for credit losses of $166,504 and $83,456, respectively 
     931,662  
     826,424 
  
    Other Current Assets 
     1,788  
     — 
  
    Total current assets 
     4,514,058  
     3,270,251 

    Noncurrent assets: 

    Property and equipment, net 
     9,411  
     14,893 
  
    Right-of-use asset, net 
     997,715  
     687,570 
  
    Intangible assets, net 
     5,840,080  
     4,632,449 
  
    Goodwill, net 
     8,012,331  
     5,702,612 
  
    Other long-term assets 
     33,831  
     21,270 
  
    Total noncurrent assets 
     14,893,368  
     11,058,794