Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1234

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 3
Chunk 1234
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625) 
    $(141,744)
  
    Net Cash Provided by Financing Activities 
    $4,202,713  
    $2,950,060 

Cash Flows Used in Operating Activities

For the year ended December
31, 2024 net cash used in operating activities was $2.997 million, which was primarily attributable to the net loss of $8.222 million,
excluding stock-based compensation and changes in operating assets and liabilities. Adding back non-cash items such as amortization and
depreciation and debt discount of $1.668 million, change in fair value of derivatives, impairment of goodwill, loss on extinguishment
of debt and non-cash lease and other expenses totaling $3.556 million.

For the year ended December
31, 2023, net cash used in operating activities was $1.894 million, which was primarily attributable to the net loss of $2.723 million,
excluding stock-based compensation, and changes in working capital of $0.188 million, mostly due to an increase in accounts receivable
and a reduction in accrued expenses after our IPO, partially offset by an increase in accounts payable, excluding payments of deferred
offering costs, as well as offsets from non-cash interest expense and amortization of debt discount and financing fees of $1.061 million.

Cash Flows Used in Investing Activities

For the year ended December 31, 2024, net cash used in investing activities
was $69 thousand. This was the result of the purchase of property plan equipment and cash acquired through acquisitions.

For the year ended December
31, 2023, net cash used in investing activities was $0.1 million, which represents the cash consideration paid for the six acquisitions
acquired in the fourth quarter of 2023, less cash acquired. See Note 3, “Business Combinations” of the Notes to the consolidated
financial statements in Part II, Item 8 of this Form 10-K for additional information regarding the acquisitions.

Cash Flows Provided by Financing Activities

For the year ended December 31, 2024, net cash provided by financing
activities was $4.2 million. This was driven by cash flows from debt and equity financing that provided $6.592 million in proceeds. These
proceeds were offset by $2.389 of payments and advances on debt and other financing instruments,

For the year ended December
31, 2023, net cash provided by financing activities was $2