Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 56

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 56
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 of our Senior Secured promissory notes converted 28,238 of the Company’s common stock as part of their First warrants
and principal and interest conversions.

For the three months and nine months ended September
30, 2025, the Company utilized their ATM and sold a total of 75,000 and 386,999, respectively, shares of the Company’s common stock
for gross proceeds of $864,505 and $7,781,297, respectively and net proceeds of $838,390 and $7,497,266, respectively.

For the three months and nine months ending September
30, 2025, the Company issued 1,215 and 3,141, respectively, shares of the Company’s common stock pursuant to the Restricted Stock
Unit (RSU) vesting with a value of $53,035 and $122,516, respectively.

Stock
Option Awards

For the three month and nine months periods ending
September 30, 2025, the Company recorded stock-based compensation for employees’ and directors’ awards of $14,314 and $172,376,
respectively. The Company did not realize any tax benefits associated with share-based compensation for these periods as the Company
recorded a valuation allowance on all deferred tax assets.

At
September 30, 2025, options outstanding that have vested and are expected to vest are as follows:

             Weighted                  Average              Weighted   Remaining          Number   Average   Contractual   Aggregate      of   Exercise   Life   Intrinsic      Shares   Price   (in years)   Value   Vested   50,169   $122.67    8.5   $        -   Expected to vest   3,986    44.55    9.2    -   Total   54,155   $116.92    8.5   $-  

32

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

Additional
information with respect to stock option activity:

    Weighted 

    Number  
    Average 

    of  
    Exercise 

    Shares  
    Price 
  
    Balance — December 31, 2024 
     48