Company: LIFD
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001096906-25-001332
Chunk: 58

Company: LFTD PARTNERS INC.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 1
Chunk 58
---
 at June 30, 2025 and December 31, 2024  470,730   470,730 Accumulated Deficit  (4,546,395)  (3,967,708)Total Shareholders' Equity  36,925,753   37,504,441 Total Liabilities and Shareholders' Equity $48,081,412  $47,315,812 

The accompanying notes are an integral part of these unaudited interim consolidated financial statements.

 F-1Table of Contents

LFTD PARTNERS INC. AND SUBSIDIARY LIFTED LIQUIDS, INC. 

CONSOLIDATED STATEMENTS OF OPERATIONS 

(UNAUDITED) 

  For the Three Months Ended   For the Six Months Ended    June 30,  June 30,   2025  2024  2025  2024 Net Sales $10,325,336  $9,487,299  $19,449,186  $20,153,948 Cost of Goods Sold  7,078,942   5,933,058   13,985,399   13,215,667 Gross Profit  3,246,394   3,554,241   5,463,787   6,938,281 Operating Expenses                Payroll Expenses  1,196,704   1,470,421   2,496,274   3,072,499 Professional Fees  132,380   232,387   435,684   621,725 Bank Charges and Merchant Fees  132,358   146,162   282,866   305,300 Advertising and Marketing  531,873   190,126   947,445   366,786 Bad Debt Expense  649,637   1,165,275   245,768   1,440,553 Depreciation and Amortization  62,512   49,435   124,777   98,233 Collab Commission and Royalty Expense  5,742   238,385   72,840   409,300 Other Operating Expenses  644,828   644,795