Company: LIFD
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001096906-25-001862
Chunk: 5

Company: LFTD PARTNERS INC.
Filing Date: 2025-11-14
Form: 10-Q
Item: Item 8
Chunk 5
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 are expired; and 5)Valuing and expensing raw and finished goods that would no longer be sold.

 F-7Table of Contents

Basic and Diluted Net Income/(Loss) Per Common Share – Basic net income/(loss) per common share is calculated by dividing net income/(loss), less accrued preferred stock dividends, by the weighted-average number of common shares outstanding during the period. Diluted net income/(loss) per common share is calculated by dividing net income/(loss), less accrued preferred stock dividends, by the weighted-average number of common shares and dilutive common share equivalents outstanding during the period. When dilutive, the incremental potential common shares issuable upon exercise of stock options and warrants are determined by the treasury stock method. The following table summarizes the calculations of basic and diluted earnings (loss) per common share for the three and nine months ended September 30, 2025 and 2024:   For the Three Months Ended   For the Nine Months Ended   September 30,   September 30,   2025  2024   2025  2024 Net Income/(Loss) $634,257  $(194,399) Net Income/(Loss) $62,265  $(1,858,615)Less: Accrued Preferred Stock Dividends (3,403) (3,388) Less: Accrued Preferred Stock Dividends (10,099) (10,098)Net Income/(Loss) Attributable to Common Stockholders $630,854  $(197,787) Net Income/(Loss) Attributable to Common Stockholders $52,166  $(1,868,713)                   Weighted average number of common shares outstanding:         Weighted average number of common shares outstanding:        Basic  14,822,678   14,822,678  Basic  14,822,678   14,795,977 Diluted  14,964,678   14,822,678  Diluted  14,964,678   14,795,977                    Basic Net Income/(Loss) per Common Share $0.04  $(0.01) Basic Net Income/(Loss) per Common Share $0.00  $(0.13)Diluted Net Income/(Loss