Company: LRHC
Filing Date: 2025-05-29
Form Type: 10-Q
Source: 0001213900-25-048370
Chunk: 138

Company: La Rosa Holdings Corp.
Filing Date: 2025-05-29
Form: 10-Q
Item: Item 8
Chunk 138
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 revenues and general and administrative expenses
for the first time for the three months ended March 31, 2025.

Selling, General and Administrative Expense

    Year Ended
 March 31,  
    Change 

    2025  
    2024  
    $  
    % 
  
    Sales and Marketing 
    $563,149  
    $232,727  
    $330,422  
     142%
  
    Payroll and benefits 
     1,530,793  
     936,492  
     594,301  
     63%
  
    Rent and other 
     381,689  
     230,771  
     150,918  
     65%
  
    Professional fees 
     1,003,345  
     310,565  
     692,780  
     223%
  
    Office 
     78,446  
     76,969  
     1,477  
     2%
  
    Technology 
     117,444  
     75,959  
     41,485  
     55%
  
    Insurance, training and other 
     167,829  
     128,205  
     39,624  
     31%
  
    Public company costs 
     217,933  
     378,095  
     (160,162) 
     -42%
  
    Amortization and depreciation 
     230,046  
     184,799  
     45,247  
     24%
  
    Total SG&A Expenses 
    $4,290,674  
    $2,554,582  
    $1,736,092  
     68%

NM: Not Meaningful

31

Selling, general and administrative costs increased
by approximately $1.7 million, or 68%, in the three months ended March 31, 2025 as compared to the three months ended March 31, 2024.
Of this $695 thousand is related to professional service, $594 thousand is related to payroll and related cost $330 for sales and marketing.

Stock-based compensation

We incurred stock-based compensation of approximately
$1.9 million in the three months ended March 31, 2025, primarily due to option grants to our CEO pursuant to