Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1955

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 6
Chunk 1955
---
 been antidilutive:

    As of 

    December 31, 

    2024  
    2023 
  
    Warrants 
     5,853,704  
     1,425,826 
  
    Options 
     3,906,740  
     1,132,675 
  
    Restricted stock units 
     94,936  
     — 
  
    Future equity shares 
     —  
     — 
  
    Total 
     9,855,380  
     2,558,501 

Note 11 — Income Taxes

The benefit from income taxes was as follows: 

    December 31, 

    2024  
    2023 
  
    Current 

    U.S. Federal 
    $—  
    $— 
  
    State and local 
     —  
     — 

    $—  
    $— 
  
    Deferred 

    U.S. Federal 
    $(2,423,582) 
    $(1,496,475)
  
    State and local 
     (695,810) 
     (435,450)

    Valuation Allowance 
     3,119,392  
     1,931,925 

    $—  
    $— 
  
    Total 

    U.S. Federal 
    $—  
    $— 
  
    State and local 
     —  
     — 

    $—  
    $— 

A reconciliation of the provision for income taxes
with the amounts computed by applying the Federal income tax rate to income from operations before the provision for income taxes is as
follows for the years ended December 31, 2024 and 2023:

    2024  
    2023 
  
    U.S. federal statutory rate 
     21.00% 
     21.00%
  
    State taxes, net of federal benefit 
     4.51  
     4.49 
  
    Permanent items 
     (1.97) 
     (0.05)
  
    Prior year true-up 
     —  
     — 
  
    Valuation allowance 
     (21.74) 
     (24.50)
  
    Other 
     (1.8)