| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net sales | 9,056,742 | 10,325,336 | 9,123,850 | 8,691,675 |
| Cost of goods sold | 4,899,247 | 7,078,942 | 6,906,457 | 4,933,780 |
| Gross profit | 4,157,495 | 3,246,394 | 2,217,393 | 3,757,895 |
| Payroll expenses | 1,169,117 | 1,196,704 | 1,299,570 | 1,360,035 |
| Professional fees | 132,424 | 132,380 | 303,304 | 156,357 |
| Bank charges and merchant fees | 159,042 | 132,358 | 150,508 | 130,831 |
| Advertising and marketing | 426,573 | 531,873 | 415,572 | 470,676 |
| Collab commission and royalty expense | - | - | - | 180,571 |
| Bad debt expense | 418,918 | 649,637 | -403,869 | 864,345 |
| Depreciation and amortization | 62,161 | 62,512 | 62,265 | 58,124 |
| Collab commission and royalty expense | 33,899 | 5,742 | 67,098 | - |
| Other operating expenses | 442,570 | 644,828 | 651,331 | 677,659 |
| Total operating expenses | 2,844,704 | 3,356,034 | 2,545,779 | 3,898,598 |
| Income/(loss) from operations | 1,312,791 | -109,640 | -328,386 | -140,703 |
| Interest expense, operating and nonoperating | - | - | - | 88,293 |
| Gain on lease modification | 0 | - | - | - |
| Interest income | 23,695 | 19,098 | 32,884 | 39,213 |
| Interest expense | 73,481 | 77,474 | 79,993 | - |
| Dividend income | 0 | 0 | - | - |
| Loss from inventory theft | 358,072 | - | - | - |
| Theft expense | 0 | 350,000 | - | - |
| Income tax examination, penalties and interest expense | - | - | - | -139 |
| Settlement income | 0 | 177,500 | - | - |
| Debt financing expenses | 32,803 | 2,773 | 2,742 | 2,803 |
| Penalties | 1,316 | 1,670 | 13 | - |
| Gain on lease modification | - | 0 | - | - |
| Gain/(loss) on disposal of fixed assets | 0 | 0 | - | 3,641 |
| Loss on jeeter collab | 0 | 0 | - | - |
| Loss on deposits | 0 | -500 | -4,500 | - |
| Gain on forgiveness of debt | 0 | 21,681 | - | - |
| Total other expenses | -441,977 | -214,138 | -54,364 | -48,381 |
| Income/(loss) before provision for income taxes | 870,814 | -323,778 | -382,750 | -189,084 |
| Provision for income taxes | 236,557 | -54,828 | -79,708 | - |
| Net income/(loss) | 634,257 | -268,950 | -303,042 | - |
| Less accrued preferred stock dividends | 3,403 | - | - | - |
| Net income/(loss) attributable to common stockholders | 630,854 | - | - | - |
| Basic | 14,822,678 | 14,822,678 | 14,822,678 | 14,822,678 |
| Basic net income/(loss) per common share | 0.04 | -0.02 | -0.02 | -0.01 |
| Diluted | 14,964,678 | 14,822,678 | 14,822,678 | 14,822,678 |
| Diluted net income/(loss) per common share | 0.04 | -0.02 | -0.02 | -0.01 |
LFTD PARTNERS INC. (LIFD)
LFTD PARTNERS INC. (LIFD)