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

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 1
Chunk 25
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   Net      (in years)  Carrying Amount   Amortization   Amount   Franchise agreement  9  $5,249,482   $467,138   $4,782,344   Agent relationships  8   916,282    93,431    822,851   Real estate listings  0   564,756    472,543    92,213   Non-compete agreements  3   188,748    46,076    142,672   Total  9  $6,919,268   $1,079,188   $5,840,080  

For the three months and nine months ended September
30, 2025, amortization expense was $167 thousand and $583 thousand respectively. For the three months and nine months ended September
30, 2024, amortization expense was $283 thousand and $721 thousand, respectively. The remaining estimated amortization expense is expected
to be as follows:

    30-Sep-25 
  
    2025 - remainder of the year 
    $166,774 
  
    2026 
     657,711 
  
    2027 
     654,098 
  
    2028 
     611,917 
  
    2029 
     609,696 
  
    Thereafter 
     2,556,717 
  
    Total 
    $5,256,913 

14

La
Rosa Holdings Corp. and Subsidiaries

Notes
to the Unaudited Condensed Consolidated Financial Statements

Note
4 — Fair Value Measurements and Other Liabilities

Fair
Value Measurements

Fair
value is the price that would be received for an asset or the amount paid to transfer a liability in an orderly transaction between market
participants at the measurement date. The Company classified certain liabilities based on the following fair value hierarchy:

    ●
    Level
    1 – Quoted prices in active markets that are unadjusted and accessible at the measurement date for identical, unrestricted
    assets or liabilities;

    ●
    Level
    2 – Quoted prices for identical assets and liabilities in markets that are not active, quoted prices for similar assets and
    liabilities in active markets or financial instruments for which significant inputs are observable, either directly or indirectly;
    and

    ●