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Income Statement
LFTD PARTNERS INC. (LIFD)
source: myfinsight.com
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Net loss
attributable to lftd partners...
-$268,950
(48.60%↑ Y/Y)
Provision for income taxes
-$54,828
(59.24%↑ Y/Y)
Net Sales Of Hemp
Products
$4,409,808
Net Sales Of Non Hemp
Products
$5,915,528
Loss before
provision for income taxes
-$323,778
(50.77%↑ Y/Y)
Net sales
$10,325,336
(8.83%↑ Y/Y)
Loss from operations
-$109,640
(81.19%↑ Y/Y)
Total other expenses
-$214,138
(-185.54%↓ Y/Y)
Gross profit
$3,246,394
(-8.66%↓ Y/Y)
Gain on forgiveness
of debt
$21,681
Interest income
$19,098
(-53.43%↓ Y/Y)
Settlement income
$177,500
Cost of goods sold
$7,078,942
(19.31%↑ Y/Y)
Total operating
expenses
$3,356,034
(-18.88%↓ Y/Y)
Loss on deposits
-$500
Debt financing
expenses
$2,773
(0.00%↑ Y/Y)
Penalties
$1,670
Interest expense
$77,474
Theft expense
$350,000
Bank charges and
merchant fees
$132,358
(-9.44%↓ Y/Y)
Depreciation and
amortization
$62,512
(26.45%↑ Y/Y)
Payroll expenses
$1,196,704
(-18.61%↓ Y/Y)
Advertising and marketing
$531,873
(179.75%↑ Y/Y)
Other operating
expenses
$644,828
(0.01%↑ Y/Y)
Professional fees
$132,380
(-43.03%↓ Y/Y)
Bad debt expense
$649,637
(-44.25%↓ Y/Y)
Collab commission and
royalty expense
$5,742
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