Company: LIFD
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001096906-25-001862
Chunk: 65

Company: LFTD PARTNERS INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 65
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 Deferred Revenue  892,548   674,676 Income Tax Payable  114,042   - Collab Commissions and Royalties Payable  1,055   37,342 Accounts Payable and Accrued Expenses  2,889,818   4,563,464 Accounts Payable - Related Party  2,094   1,190 Preferred Stock Dividends Payable  5,221   7,124 Notes Payable to Surety Bank  662,387   559,418 Interest Payable to Surety Bank  10,844   16,336 Total Current Liabilities  4,827,091   6,084,011 Non-Current Liabilities        Operating Lease Liability  747,539   937,988 Note Payable - Related Party  138,462   - Notes Payable to Surety Bank  1,673,872   2,789,372 Total Non-Current Liabilities  2,559,873   3,727,360 Total Liabilities  7,386,964   9,811,371 Commitments and Contingencies  -   - Shareholders' Equity         Preferred Stock, $0.001 par value; 10,000,000 total shares authorized; out of which two Series of Preferred Stock are authorized and outstanding, as follows:        Series A Convertible Preferred Stock: 400,000 shares authorized, and:  3   3 2,500 shares issued and outstanding at September 30, 2025        2,500 shares issued and outstanding at December 31, 2024        Series B Convertible Preferred Stock: 5,000,000 shares authorized, and:  40   40 40,000 shares issued and outstanding at September 30, 2025        40,000 shares issued and outstanding at December 31, 2024        Common Stock, $0.001 par value; 100,000,000 shares authorized, and:  14,823   14,823 14,822,678 shares issued and outstanding at September 30, 2025        14,822,678 shares issued and outstanding at December 31, 2024        Additional Paid-in Capital  40,986,