LFTD PARTNERS INC. (LIFD)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Net sales | 10,325,336 | 9,123,850 | 8,691,675 | 9,487,299 |
| Cost of goods sold | 7,078,942 | 6,906,457 | 4,933,780 | 5,933,058 |
| Gross profit | 3,246,394 | 2,217,393 | 3,757,895 | 3,554,241 |
| Collab commission and royalty expense | - | - | 180,571 | 238,385 |
| Collab commission and royalty expense | 5,742 | 67,098 | - | - |
| Bad debt expense | 649,637 | -403,869 | 864,345 | 1,165,275 |
| Professional fees | 132,380 | 303,304 | 156,357 | 232,387 |
| Other operating expenses | 644,828 | 651,331 | 677,659 | 644,795 |
| Advertising and marketing | 531,873 | 415,572 | 470,676 | 190,126 |
| Payroll expenses | 1,196,704 | 1,299,570 | 1,360,035 | 1,470,421 |
| Depreciation and amortization | 62,512 | 62,265 | 58,124 | 49,435 |
| Bank charges and merchant fees | 132,358 | 150,508 | 130,831 | 146,162 |
| Total operating expenses | 3,356,034 | 2,545,779 | 3,898,598 | 4,136,986 |
| Loss from operations | -109,640 | -328,386 | -140,703 | -582,745 |
| Settlement cost | - | - | - | -10,000 |
| Gain on lease modification | - | - | - | 9,622 |
| Loss on deposits | - | - | - | -6,121 |
| Interest expense, operating and nonoperating | - | - | 88,293 | 90,487 |
| Income tax examination, penalties and interest expense | - | - | -139 | 647 |
| Dividend income | - | - | - | 2,386 |
| Theft expense | 350,000 | - | - | - |
| Settlement income | 177,500 | - | - | - |
| Interest income | 19,098 | 32,884 | 39,213 | 41,013 |
| Interest expense | 77,474 | 79,993 | - | - |
| Penalties | 1,670 | 13 | - | - |
| Gain on forgiveness of debt | 21,681 | - | - | - |
| Loss on disposal of fixed assets | - | - | 3,641 | -37,986 |
| Debt financing expenses | 2,773 | 2,742 | 2,803 | 2,773 |
| Gain on lease modification | - | - | - | - |
| Loss on jeeter collab | - | - | - | - |
| Loss on deposits | -500 | -4,500 | - | - |
| Total other expenses | -214,138 | -54,364 | -48,381 | -74,993 |
| Loss before provision for income taxes | -323,778 | -382,750 | -189,084 | -657,738 |
| Provision for income taxes | -54,828 | -79,708 | - | -134,526 |
| Net loss attributable to lftd partners inc. common stockholders | -268,950 | -303,042 | -189,084 | -523,212 |
| Basic | 14,822,678 | 14,822,678 | 14,822,678 | 14,759,282 |
| Basic net loss per common share | -0.02 | -0.02 | -0.01 | -0.04 |
| Diluted | 14,822,678 | 14,822,678 | 14,822,678 | 14,759,282 |
| Diluted net loss per common share | -0.02 | -0.02 | -0.01 | -0.04 |