Company: LIFD
Filing Date: 2025-03-31
Form Type: 10-K
Source: 0001096906-25-000346
Chunk: 1269

Company: LFTD PARTNERS INC.
Filing Date: 2025-03-31
Form: 10-K
Item: Item 1C
Chunk 1269
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 Interest Expense  (85,279)  (88,293)Debt Financing Expenses  (2,803)  (2,803)Dividend Income  1,193   - Penalties  (4,935)  (139)Settlement Costs  (2,000)  - Loss on Disposal of Fixed Assets  (2,423)  3,641 Interest Income  27,853   39,213 Total Other Income/(Expenses)  (68,394)  (48,381)Income/(Loss) Before Provision for Income Taxes  3,924   (189,084)Provision for Income Taxes  (2,738)  (5,315)Net Income/(Loss) Attributable to LFTD Partners Inc. common stockholders $1,186  $(194,399)         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