Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 188

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 8
Chunk 188
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ended and Restated La Rosa Holdings 2022 Equity Incentive Plan (“Second
Amended 2022 Plan”). The stock compensation expense for the three months and nine months ended September 30, 2025, related to this
transaction amounted to $236,575.

On September 26, 2025, the Company issued 75,000 registered shares
of common stock to Ross Carmel, as the designee of its legal counsel, Sichenzia Ross Ference Carmel LLP, in exchange for amounts payable
for services rendered to the Company. The shares were issued to Mr. Carmel pursuant to Second Amended 2022 Plan. The value of this conversion
transaction amounted to $502,875.

For the nine months ended September 30, 2025,
the holder of our Senior Secured promissory notes converted 28,238 of the Company’s common stock as part of their First warrants
and principal and interest conversions.

For the three months and nine months ended September
30, 2025, the Company utilized their ATM and sold a total of 75,000 and 386,999, respectively, shares of the Company’s common stock
for gross proceeds of $864,505 and $7,781,297, respectively and net proceeds of $838,390 and $7,497,266, respectively.

For the three months and nine months ending September
30, 2025, the Company issued 1,215 and 3,141, respectively, shares of the Company’s common stock pursuant to the Restricted Stock
Unit (RSU) vesting with a value of $53,035 and $122,516, respectively.

Stock
Option Awards

For the three month and nine months periods ending
September 30, 2025, the Company recorded stock-based compensation for employees’ and directors’ awards of $14,314 and $172,376,
respectively. The Company did not realize any tax benefits associated with share-based compensation for these periods as the Company
recorded a valuation allowance on all deferred tax assets.

At
September 30, 2025, options outstanding that have vested and are expected to vest are as follows:

             Weighted                  Average              Weighted   Remaining          Number   Average   Contractual   Aggregate      of   Exercise   Life   Intrinsic      Shares   Price