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

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 18
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154,467   $3,474,257                                    Purchase price allocation  $352,204   $1,012,653   $241,398   $1,713,535   $154,467   $3,474,257   Less fair value of net assets acquired:                                Cash   17,623    79,553    1,436    32,935    171    131,718   Working capital (less cash)   (17,148)   (54,991)   (45,027)   (59,325)   (21,323)   (197,814)  Intangible assets   171,767    446,657    111,202    815,411    104,798    1,649,835   Long-term assets   —    91,118    106,542    129,521    22,697    349,878   Long-term liabilities   —    (98,641)   (69,449)   (94,591)   (8,236)   (270,917)  Net assets acquired   172,242    463,696    104,704    823,951    98,107    1,662,700   Goodwill  $179,962   $548,957   $136,694   $889,584   $56,360   $1,811,557  

Goodwill generated from the acquisition was primarily
attributable to expected synergies from future growth and strategic advantages provided through expansion and was not expected to be
deductible for income tax purposes.

During the year ended December 31, 2024, after
an impairment evaluation, the Company recognized an impairment charge of $787 thousand related to the acquisitions of Lake Nona, Premier, Orlando, Georgia, California, Lakeland, CW Properties and
Winter Garden.

The classes of intangible identifiable assets acquired and the estimated
useful life of each class is presented in the table below for the five acquisitions