Company: LRHC
Filing Date: 2025-08-18
Form Type: 10-Q
Source: 0001213900-25-078012
Chunk: 11

Company: La Rosa Holdings Corp.
Filing Date: 2025-08-18
Form: 10-Q
Item: Item 1
Chunk 11
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 of
    incremental warrants 
    $8,261,000  
    $— 
  
    Issuance of new convertible note 
    $8,364,000  
    $— 
  
    Issuance of 28,238 shares of common stock as part of the settlement of notes payable and warrants 
    $812,156  
    $— 
  
    Issuance of 115,722 shares of common stock for services rendered 
    $2,422,308  
    $— 
  
    Office leases acquired under operating
    lease obligations 
    $392,208  

    Issuance of 13,972 shares of common stock as consideration of acquisitions of businesses 
    $—  
    $1,884,451 
  
    Issuance of 1,463 shares of common stock as part of the issuance of notes payable 
    $—  
    $151,236 
  
    Issuance of 6,152 shares of common stock for services rendered 
    $—  
    $3,665,110 
  
    Office leases acquired under operating
    lease obligations 
    $—  
    $609,049 
  
    Derivative liability embedded in debt
    instruments 
    $—  
    $229,300 

    Reconciliation of Cash and Restricted
    Cash 

    Cash 
    $5,095,257  
    $1,551,135 
  
    Restricted Cash 
     1,965,804  
     1,767,107 
  
    Cash and Restricted Cash 
    $7,061,061  
    $3,318,242 

See notes to the consolidated financial statements.

5

La Rosa Holdings Corp.
and Subsidiaries

Notes to the Unaudited Condensed Consolidated
Financial Statements

Note 1 — Basis of Presentation and Summary of Significant
Accounting Policies

Basis of Presentation and Consolidation

The accompanying unaudited condensed consolidated
financial statements of La Rosa Holdings Corp. (the “Company”) have been prepared in accordance with the instructions to
Form 10-Q and Regulation S-X and do not include all the information and disclosures required by accounting principles generally accepted
in the United States of America (“GAAP”). The Company has made estimates and judgements affecting the amounts reported in
the Company’s condensed consolidated financial statements and the accompanying notes. The actual results experienced by the Company
may differ