Company: LIFD
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001096906-25-001862
Chunk: 71

Company: LFTD PARTNERS INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 71
---
 Income/(Loss) $62,265  $(1,858,615)Adjustments to Reconcile Net Income/(Loss) to Net Cash Provided by/(Used in) Operating Activities        Sales Allowance  45,982   (531,582)Spoiled and Written Off Inventory  769,104   1,379,982 Bad Debt Expense  664,686   2,304,898 Depreciation and Amortization  416,196   384,279 Loss/(Gain) on Lease Modification  -   (9,622)Loss From Inventory Theft  358,072   - Settlement Income  (177,500)  (10,000)Debt Financing Expenses  38,318   8,349 Loss on Disposal of Fixed Assets  -   48,291 Loss on Jeeter Collab  -   1,349,467 Loss on Deposits  5,000   6,121 Gain on Forgiveness of Debt  (21,681)  - Deferred Income Taxes  (52,539)  (550,253)Effect on Cash of Changes in Operating Assets and Liabilities        Prepaid Expenses  1,339,432   1,229,354 Accounts Receivable  (659,929)  (452,187)Inventory  (1,888,260)  (2,814,031)Change in Right Of Use Asset  171,305   155,565 Change in Receivable Unit Loans from Extrax NM  (57,392)  (303,207)Other Assets  4,447   (19,666)Income Tax Receivable and Payable, net  796,389   (8,235)Collab Commissions and Royalties Payable  (36,288)  (96,964)Deferred Revenue  217,873   786,350 Accounts Payable and Accrued Expenses  (1,657,457)  (1,435,759)Accounts Payable and Interest Payable to Related Parties  904   (5,340)Change in Settlement Asset and Receivables  612,090   488,490 Change in Finance and Operating Lease Liabilities  (165,829