Company: LIFD
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001096906-25-000819
Chunk: 193

Company: LFTD PARTNERS INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 193
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’s industry, NWarrender leads the Company’s efforts to launch new products to stay ahead of trends, find new sales channels, and modify sales strategies. Consumer demands, changes to regulations, proposed legislation, resource needs for Lifted’s collaborations with third parties, and new product opportunities with novel cannabinoids or other active ingredients, are some of the factors that are considered by NWarrender when determining how to allocate the Company’s resources for operations and business development. 

 F-41Table of Contents

 Shown below are tables showing the approximate disaggregation of historical revenue:   For the Three Months Ended   March 31, Type of Sale 2025    2024   Net sales of raw materials to customers $-   0% $175,922   2%Net sales of products to private label clients $189,106   2%  1,608,479   15%Net sales of products to wholesalers $1,867,824   20%  2,763,617   26%Net sales of products to distributors $6,029,058   66%  5,348,891   50%Net sales of products to end consumers $1,037,862   11%  769,740   7%Net Sales $9,123,850   100% $10,666,649   100%   For the Three Months Ended    March 31, Product Type 2025    2024   Vapes $2,079,868   23% $5,467,103   51%Edibles $6,235,929   68%  3,619,158   34%Flower $317,994   3%  669,394   6%Cartridges $468,315   5%  856,080   8%Other $21,744   0%  54,913   1%Net Sales $9,123,850   100% $10,666,649   100%   For the Three Months Ended   March 31, Hemp vs Non-Hemp Product Sales 2025    2024   Net sales of hemp products $5,697,643   62% $10,579,759   99