Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 1691

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 4
Chunk 1691
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 Earnings/(Loss) Per Common Share Attributable to LFTD Partners Inc. common shareholders:             Basic $(0.00) $(0.01)     Diluted $(0.00) $(0.01)         Weighted average number of common shares outstanding             Basic  14,822,678   14,822,678      Diluted  14,964,678   14,822,678 

 104Table of Contents

Comparison of Operations for the Quarters Ended December 31, 2024 and December 31, 2023

LFTD PARTNERS INC. AND SUBSIDIARY LIFTED LIQUIDS, INC.CONSOLIDATED STATEMENTS OF OPERATIONS(UNAUDITED)        For the Three Months Ended December 31, 2024    For the Three Months Ended December 31, 2023  Net Sales $8,479,605  $13,519,947 Cost of Goods Sold  6,420,952   9,522,468 Gross Profit  2,058,653   3,997,479 Operating Expenses:        Payroll Expenses  1,408,312   2,113,322 Professional Fees  195,378   217,993 Bank Charges and Merchant Fees  134,414   169,324 Advertising and Marketing  317,605   288,085 Bad Debt (Income)/Expense  (835,820)  214,597 Depreciation and Amortization  62,265   51,368 Collab Commission and Royalty Expense  103,100   887,086 Other Operating Expenses  601,081   572,844 Total Operating Expenses  1,986,335   4,514,619 Income/(Loss) From Operations  72,318   (517,140)Other Income/(Expenses)        Interest Expense  (85,279)  (37,980)Debt Financing Expenses  (2,803)  (548)Dividend Income  1,193   1,193 Penalties  (4,935)  (24,885)Settlement Income  -   506,211 Settlement Costs  (2,000