Company: LRHC
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001213900-25-112656
Chunk: 308

Company: La Rosa Holdings Corp.
Filing Date: 2025-11-19
Form: 10-Q
Item: Item 2
Chunk 308
---
 not be readily available or might not be on terms that are acceptable
to the Company. Until such time that the Company fully implements its growth strategy, it expects to continue to generate operating losses
in the foreseeable future, mostly due to corporate overhead and costs of being a public company. As such, the Company anticipates that
its existing working capital, including cash on hand, and cash generated from operations will not be sufficient to meet projected operating
expenses for the foreseeable future through at least twelve months from the issuance of the consolidated financial statements. The Company
will be required to raise additional capital to service its promissory notes, to repay the principal balance of each of the notes, and
to fund ongoing operations.

56

The
Company has incurred recurring net losses, and the Company’s operations have not provided net positive cash flows. In view of these
matters, there is substantial doubt about the Company’s ability to continue as a going concern. The Company plans on continuing
to expand via acquisition, which will help achieve future profitability, and the Company has plans to raise capital from outside investors,
as it has done in the past, to fund operating losses and to provide capital for further business acquisitions. There can be no assurance
the Company can successfully raise the capital needed.

Summary
of Cash Flows

    Nine Months Ended
 September 30, 

    2025  
    2024 
  
    Net Cash Used in Operating Activities 
    $(6,232,547) 
    $(1,341,369)
  
    Net Cash Provided by Investing Activities 
    $-  
    $71,718 
  
    Net Cash Provided by Financing Activities 
    $9,087,302  
    $2,144,066 

Cash
Flows from Operating Activities 

During the nine months ended September 30, 2025,
operating activities consumed $6.2 million of our cash on hand, which was primarily attributable to the net loss of $6.6 million, excluding
stock-based compensation, gains and losses on issuance of senior secured convertible notes and warrants, fair market value adjustments,
amortization, depreciation and other changes, changes in operating assets and liabilities provided $382 thousand, mostly due to an increase
in accounts payable and accrued expenses and an decrease in operating lease liabilities.

During the nine months ended September 30, 2024,
operating activities consumed $1.9 million of our cash on hand, which was primarily attributable to the net loss