Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1233

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 1233
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 consolidated financial statements in Part II, Item 8 of this Form 10-K for additional information regarding the acquisitions.

We have incurred recurring
net losses, and our operations have not provided net positive cash flows. In view of these matters, there is substantial doubt about our
ability to continue as a going concern. We plan on continuing to expand via acquisition, which will help achieve future profitability,
and we have plans to raise capital from outside investors, as we have done in the past, to fund operating losses and to provide capital
for further business acquisitions. We cannot provide any assurance that we can successfully raise the capital needed on favorable terms,
if at all.

We are subject to the risks
and challenges associated with companies at a similar stage of development. These include dependence on key individuals, successful development
and marketing of its offerings, and competition with larger companies with greater financial, technical, and marketing resources than
us. Furthermore, during the period required to achieve substantially higher revenue in order to become profitable, we will require additional
funds that might not be readily available or might not be on terms that are acceptable to us. Until such time that we fully implement
our growth strategy, we expect to continue to generate operating losses in the foreseeable future, mostly due to corporate overhead and
costs of being a public company. As such, we anticipate that our existing working capital, including cash on hand, and cash generated
from operations will not be sufficient to meet projected operating expenses for the foreseeable future through at least twelve months
from the issuance of this annual report on Form 10-K. We will be required to raise additional capital to service outstanding notes and
fund ongoing operations.

We have incurred recurring
net losses, and our operations have not provided net positive cash flows. In view of these matters, there is substantial doubt about our
ability to continue as a going concern. We plan on continuing to expand via acquisition, which will help achieve future profitability,
and we have plans to raise capital from outside investors, as we have done in the past, to fund operating losses and to provide capital
for further business acquisitions. We cannot provide any assurance that we can successfully raise the capital needed.

49

Summary of Cash Flows

    For the year ended December 31, 

    2024  
    2023 
  
    Net Cash Used in Operating Activities 
    $(2,997,307) 
    $(1,894,411)
  
    Net Cash Used in Investing Activities 
    $(68,