Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 48

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 48
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  Expected volatility factor   68.5%   67.9%  Risk-free interest rate   4.5%   4.0%  Expected life (in years)   9.0    10.0  

As of June 30, 2025, unrecognized compensation
expense related to stock option awards totaled $119,712, to be expensed over the next 9.5 years. As of December 31, 2024, unrecognized compensation expense related to stock
option awards totaled $92,892.

Restricted Stock Units

    Weighted 

    Number  
    Average 

    of  
    Exercise 

    Shares  
    Price 
  
    Balance — December 31, 2024 
     1,191  
    $78.66 
  
    Granted 
     8,096  
     33.68 
  
    Expired or forfeited 
     (352) 
     60.42 
  
    Balance — March 31, 2025 
     8,935  
    $37.74 
  
    Granted 
     187  
     12.32 
  
    Expired or forfeited 
     (1,264) 
     41.28 
  
    Balance — June 30, 2025 
     7,858  
    $37.17 

On February 1, 2025, a Restricted Stock Unit
(“RSU”) covering 50 shares granted to the Company’s Chief Technology Officer (“CTO”) vested. The Company
withheld 15 shares to cover payroll tax withholding and issued 35 shares to the executive. The Company also granted a new RSU to the
CTO on February 1, 2025, which will vest on the first anniversary of the grant.

During the six-month period ending June 30, 2025,
the Company issued 8,258 RSU’s to agents as part of our agent incentive plan and 25 RSU’s to our CTO as part of his employment
agreement.

For the three-month periods ending June 30, 2025
and 2024, the Company recorded $48,980 and $2,871, respectively, of share-based compensation expense related to the RSUs. For the six-month
periods ending June 30, 2025 and 2024,