Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 337

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1
Chunk 337
---
 2023 upon direction by the Deferred Contingent Stock Recipients          410,000   410   1,358,740   779,025       2,138,175 Series A Preferred Stock dividend payable                          (3,329)  (3,329)Series B Preferred Stock dividend payable                          (1,480)  (1,480)Net Loss                          (141,742)  (141,742)Balance, March 31, 2023  44,500  $45   14,512,578  $14,513  $40,121,000  $779,025  $(4,385,286) $36,529,296                                  Series A Preferred Stock dividend payable                          (3,366)  (3,366)Series B Preferred Stock dividend payable                          (1,497)  (1,497)Payment of the first installment of Merger Consideration (the issuance of 100 shares of common stock) pursuant to the Oculus Merger Agreement, on April 28, 2023           100   0.10   208.90           209 Net Income                          1,659,461   1,659,461 Balance, June 30, 2023  44,500  $45   14,512,678  $14,513  $40,121,209  $779,025  $(2,730,688) $38,184,103 Series A Preferred Stock dividend payable                          (2,466)  (2,466)Series B Preferred Stock dividend payable                          (1,512)  (1,512)Conversion of 2,000 shares of Series A Preferred Stock held by a non-affiliate into 200,000 shares of common stock, on August 4, 2023  (2,000)  (2)  200,000   200   (198)          - Issuance of 93,000 shares of Deferred Contingent Stock related to the acquisition of Lifted, of which shares began being issued on February 24, 2023 upon direction by