Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1685

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 1685
---
 lease obligations 
    $883,652  
    $— 
  
    Convertible debt and related party debt exchanged for 1,912 shares of Series A Convertible Preferred Stock 
    $—  
    $1,923,468 
  
    Decrease in accounts payable related to deferred offering costs 
    $—  
    $(981,069)
  
    Issuance of 981,676 shares of common stock for beneficial conversion feature of Series A Convertible Preferred Stock 
    $—  
    $1,472,514 
  
    Issuance of 1,393,618 shares of common stock for deferred offering costs 
    $—  
    $6,968,090 
  
    Issuance of 2,750,114 shares of common stock as part of the consideration of acquisitions of businesses 
    $—  
    $7,266,078 
  
    Issuance of 95,000 shares of common stock as part of the repayment of notes payable 
    $—  
    $475,000 
  
    Issuance of 6,566 shares of common stock upon the conversion of convertible debt upon the IPO 
    $—  
    $26,265 
  
    Issuance of 819,000 shares of common stock for services rendered 
    $—  
    $1,286,180 
  
    Settlement of conversion rights 
    $—  
    $433,894 

    Reconciliation of Cash and Restricted Cash 

    Cash 
    $1,442,901  
    $959,604 
  
    Restricted Cash 
     2,137,707  
     1,484,223 
  
    Cash and Restricted Cash 
    $3,580,608  
    $2,443,827 

See notes to the consolidated financial statements.

F-6

La Rosa Holdings Corp. and Subsidiaries

Notes to the Consolidated Financial Statements

Note 1 — Basis of Presentation and Summary of Significant
Accounting Policies

Description of Business

La Rosa Holdings Corp. (the “Company”),
incorporated in Nevada on June 14, 2021, is a holding company for six agent-centric, technology-integrated, cloud-based, multi-service
real estate segments. The Company generates revenue primarily by providing person-to-person residential and commercial real estate brokerage
services to the public. In addition, the Company cross sells ancillary technology