Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 24

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 24
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 before provision for income taxes 
    $(8,565,949)
  
    Loss per share of common stock attributable to common stockholders, basic and diluted 
    $(43.58)
  
    Weighted average shares used in computing net loss per share of common stock attributable to common stockholders 
     222,981 

Note
3 — Goodwill and Intangible Assets

Goodwill

The
gross carrying amount of goodwill as of both September 30, 2025 and December 31, 2024 was $8,012,331.

Intangible
Assets

Intangible assets consist of franchise agreements,
agent relationships, real estate listings, and non-compete agreements, and are initially recorded at fair value. Long-lived intangible
assets are amortized over their estimated useful lives in a method reflecting the pattern in which the economic benefits are consumed
or amortized on a straight-line basis if such pattern cannot be reliably determined. The Company continues to assess potential triggering
events related to the value of its intangible assets and concluded that there was no impairment during the nine months ended September
30, 2025.

13

La
Rosa Holdings Corp. and Subsidiaries
Notes to the Unaudited Condensed Consolidated Financial Statements

The
components of purchased intangible assets were as follows:

     Weighted Average                 Remaining                 Amortization  September 30, 2025      Period  Gross   Accumulated   Net      (in years)  Carrying Amount   Amortization   Amount   Franchise agreement  9  $5,249,482   $843,874   $4,405,608   Agent relationships  7   916,282    173,967    742,315   Real estate listings  1   564,756    562,408    2,348   Non-compete agreements  2   188,748    82,106    106,642   Total  8  $6,919,268   $1,662,355   $5,256,913  

     Weighted Average                 Remaining                 Amortization  December 31, 2024      Period  Gross   Accumulated