Company: LIFD
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001096906-25-001862
Chunk: 110

Company: LFTD PARTNERS INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 110
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. Due to the rapidly evolving nature of the Company’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-24Table of Contents

Shown below are tables showing the approximate disaggregation of historical revenue:   For the Three Months Ended  For the Nine Months Ended   September 30,  September 30, Type of Sale 2025    2024    2025    2024   Net sales of raw materials to customers $67,644   1% $96,208   1% $209,180   1% $856,457   3%Net sales of products to private label clients  388,916   4%  784,352   9%  879,042   3%  2,868,515   10%Net sales of products to wholesalers  1,131,999   12%  2,300,720   26%  4,425,808   16%  7,525,399   26%Net sales of products to distributors  6,431,051   71%  4,660,483   54%  19,850,408   70%  15,031,446   52%Net sales of products to end consumers  1,037,132   11%  849,913   10%  3,141,490   11%  2,563,806   9%Net Sales $9,056,742   100% $8,691,675   100% $28,505,928   100% $28,845,623   100%   For the Three Months Ended   For the Nine Months Ended    September 30,  September 30, Product Type 2025    2024    2025    2024   Vapes $986,450   11