Company: LIFD
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001096906-25-001862
Chunk: 64

Company: LFTD PARTNERS INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 1
Chunk 64
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LFTD PARTNERS INC. AND SUBSIDIARY LIFTED LIQUIDS, INC.CONSOLIDATED BALANCE SHEETS   September 30, 2025  December 31, 2024   (Unaudited)  (Audited) ASSETS      Current Assets      Cash and Cash Equivalents $1,920,664  $2,146,947 Prepaid Expenses  259,222   1,598,654 Accounts Receivable, net of allowance of $1,536,905 in 2025 and $853,329 in 2024  2,308,084   2,358,823 Inventory  10,077,375   9,316,291 Income Tax Receivable  -   682,347 Current Portion of Settlement Asset and Receivables  25,910   460,500 Receivable Unit Loans from Extrax NM - Current  -   364,443 Total Current Assets  14,591,256   16,928,005 Restricted Cash  1,000,000   1,000,000 Goodwill  23,092,794   23,092,794 Investment in Ablis  399,200   399,200 Investment in Bendistillery  1,497,000   1,497,000 Net Deferred Tax Asset  567,673   515,134 Fixed Assets, less accumulated depreciation of $1,471,862 in 2025 and $1,055,666 in 2024  2,375,501   2,704,615 Security and State Licensing Deposits and Bonds  50,183   59,630 Operating Lease Right-of-Use Asset, net of Right-of-Use Asset Amortization of $397,951 in 2025 and $226,646 in 2024  948,129   1,119,434 Receivable Unit Loans from Extrax NM - Non-Current  421,835   - Total Assets $44,943,570  $47,315,812 LIABILITIES AND SHAREHOLDERS'  EQUITY         Current Liabilities        Operating Lease Liability $249,081  $224,460