Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 46

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 46
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ed to $0 and $46,925, respectively.

On April 21, 2025, the Company issued the CEO
an aggregate of 41,217 unregistered shares of common stock of the Company, par value $0.0001 per share as compensation for the services
rendered pursuant to his employment agreement with the Company. The stock compensation expense for the three-months and six-months ended June 30, 2025, related to this transaction
amounted to $444,319.

For the six-months ended June 30, 2025, the holder
of our Senior Secured promissory notes converted 28,238 of the Company’s common stock as part of their First warrants and principal
and interest conversions.

For the three-months and six-months ended June 30, 2025, the Company utilized their ATM and sold a total of 218,918 and 311,999, respectively,
shares of the Company’s common stock for gross proceeds of $3,893,229 and $6,916,792, respectively and net proceeds of $3,741,282
and $6,658,876, respectively. In addition, due to the impacts of the reverse split of 80 shares to 1 included in proceeds from investors
on the statement of changes in stockholders’ equity are 15 and 32 shares and additional capital of $3,673 and $1,791, for the three
and six-months ended June 30. 2025, respectively.

For the three-months and six-months ended June 30, 2025, the Company
issued 1,220 and 1,926, respectively, shares of the Company’s common stock pursuant to the Restricted Stock Unit (RSU) vesting with
a value of $50,027 and $69,481, respectively.

Stock Option Awards

For the three-month and six-month periods ended June 30, 2025, the
Company recorded stock-based compensation for employees and directors awards of $14,159 and $158,062, respectively. The Company did not
realize any tax benefits associated with share-based compensation for these periods as the Company recorded a valuation allowance on all
deferred tax assets.

At June 30, 2025, options outstanding that have
vested and are expected to vest are as follows:

           Weighted                  Average