Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1887

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 6
Chunk 1887
---
igations

The following table summarizes
our contractual obligations as of December 31, 2024 and as for the periods thereafter:

    Payments Due By Period 
  
    Contractual Obligation 
    Total  
    Less than 1 year  
    1-3 years  
    3-5 years  
    After 5 years 
  
    Notes payable 
    $3,662,735  
    $2,187,673  
    $297,714  
    $297,714  
    $879,634 
  
    Interest payments on notes payable 
     595,009  
     24,286  
     48,572  
     48,572  
     473,579 
  
    Advances on future receipts 
     618,681  
     618,681  
     -  
     -  
     - 
  
    Undiscounted lease obligations 
     1,144,550  
     551,173  
     593,377  
     -  
     - 
  
    Accrued acquisition cash consideration 
     411,404  
     381,404  
     30,000  
     -  
     - 
  
    Total Contractual Obligations 
    $6,432,379  
    $3,763,217  
    $969,663  
    $346,286  
    $1,353,213 

We intend to fund our contractual obligations with cash on hand, working
capital and the debt raises obtained in 2024 and February 2025.

Critical Accounting Policies and Estimates

Our management’s discussion
and analysis of our financial condition and results of operations are based on our consolidated financial statements, which have been
prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”). The preparation
of these consolidated financial statements requires management to make estimates and assumptions that affect the reported amounts of assets
and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported
amount of revenues and expenses during the reporting period. Our most critical estimates include those related to revenue recognition,
goodwill and intangible assets, accounting for business combinations, and accounting for stock-based compensation. On an ongoing basis,
we evaluate our estimates and assumptions. We base our estimates on historical experience and on various