Company: LRHC
Filing Date: 2025-04-15
Form Type: 10-K
Source: 0001213900-25-032211
Chunk: 1744

Company: La Rosa Holdings Corp.
Filing Date: 2025-04-15
Form: 10-K
Item: Item 5
Chunk 1744
---
    G&A by segment 

    Real Estate Brokerage Services (Residential) 
    $10,414,191  
    $4,414,610 
  
    Franchising Services 
     20,112  
     (3,980)
  
    Coaching Services 
     1,625  
     2,051 
  
    Property Management 
     52,264  
     41,205 
  
    Real Estate Brokerage Services (Commercial) 
     51,717  
     19,454 
  
    Title Settlement and Insurance 
     85,642  
     - 

    $10,625,551  
    $4,473,340 

In addition to the expenses from these segments corporate expenses
were $9,677,724 and $6,191,591, which resulted in the net loss of $14,349,996 and $7,823,763 for the years ended December 31, 2024 and
2023, respectively.

F-35

The following table disaggregates the Company’s revenue based
on the type of sale or service and the timing of satisfaction of performance obligations for the years ended December 31:

    2024  
    2023 
  
    Performance obligations satisfied at a point in time 
    $56,169,461  
    $20,448,767 
  
    Performance obligations satisfied over time 
     13,279,325  
     11,310,637 
  
    Revenue 
    $69,448,786  
    $31,759,404 

Note 13 — Commitments and Contingencies

The Company has entered into indemnification agreements
with the Company’s officers and directors for certain events or occurrences. The Company maintains a directors and officers insurance
policy to provide coverage in the event of a claim against an officer or director.

Nasdaq Listing Rule

On October 10, 2024, the Company received a letter
from Nasdaq notifying the Company that it was no longer in compliance with the $1.00 minimum bid price requirement for continued listing
on Nasdaq under the Bid Price Rule. Nasdaq has granted the Company 180 calendar days, or until April 8, 2025, to regain compliance with
the Bid Price Rule. On April 9, 2025, Nasdaq notified the Company that Nasdaq’s Staff has determined that the Company