Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1023

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 2
Chunk 1023
---
     9,767,061 
  
    Total liabilities and stockholders’ equity 
    $19,407,426  
    $14,329,045 

See notes to the consolidated financial statements.

F-3

La Rosa Holdings Corp. and Subsidiaries

Consolidated Statements of Operations

    Year Ended December 31, 

    2024  
    2023 
  
    Revenue 
    $69,448,786  
    $31,759,404 

    Cost of revenue 
     63,495,507  
     28,918,236 

    Gross profit 
     5,953,279  
     2,841,168 

    Operating expenses: 

    Sales and marketing 
     1,007,077  
     359,717 
  
    General and administrative 
     10,625,551  
     4,473,340 
  
    Stock-based compensation — general and administrative 
     4,730,355  
     5,100,474 
  
    Impairment of goodwill 
     787,438  
     - 
  
    Total operating expenses 
     17,150,421  
     9,933,531 

    Loss from operations 
     (11,197,142) 
     (7,092,363)
  
    Other income (expense) 

    Interest expense, net 
     (403,397) 
     (140,382)
  
    Loss on extinguishment of debt 
     (777,558) 
     - 
  
    Amortization of debt discount 
     (649,138) 
     (1,016,644)
  
    Change in fair value of derivative liability 
     (1,338,506) 
     138,985 
  
    Other income, net 
     15,745  
     286,641 
  
    Loss before provision for income taxes 
     (14,349,996) 
     (7,823,763)
  
    Benefit from income taxes 
     —  
     — 
  
    Net loss 
     (14,349,996) 
     (7,823,763)
  
    Less: Net income (loss) attributable to noncontrolling interests in subsidiaries 
     97,567