Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 173

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 8
Chunk 173
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 costs for the three month periods ended
September 30, 2025 and 2024 were $248,575 and $222,126, respectively, and lease costs for the nine month periods ended September 30,
2025 and 2024 were $728,593 and $642,996, respectively. Lease costs are included in general and administrative expenses in the condensed
consolidated statements of operations.

Supplemental
cash flow information related to leases is as follows:

    Nine Months Ended 

    September 30, 

    2025  
    2024 
  
    Cash paid for amounts included in the measurement of lease liabilities 
     531,412  
     448,783 
  
    Right-of-use assets obtained in exchange for lease liabilities 
     555,190  
     796,573 

Supplemental
balance sheet information related to leases is as follows:

    September 30,  
    December 31, 

    2025  
    2024 
  
    Assets: 

    Right-of-use assets 
    $1,104,403  
    $997,715 

    Liabilities: 

    Lease liability, current 
    $514,731  
    $473,733 
  
    Lease liability, noncurrent 
     625,637  
     545,759 

    $1,140,368  
    $1,019,492 

The
Company’s leases do not provide a readily determinable implicit discount rate. The Company estimates its incremental borrowing
rate as the discount rate based on the information available at lease commencement. The weighted average discount rate is 10.96%.

23

La
Rosa Holdings Corp. and Subsidiaries
Notes to the Unaudited Condensed Consolidated Financial Statements

Future
maturities on lease liabilities as of September 30, 2025, are as follows:

    September 30, 

    2025 
  
    2025 – remainder of year 
    $169,945 
  
    2026 
     571,338 
  
    2027 
     312,878 
  
    2028 
     130,929 
  
    2029 and thereafter 
     152,316 
  
    Total minimum lease payments 
     1,337,406 
  
    Less: imputed interest 
     (197,