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Net Sales Of HempProducts$19,099,388 (-45.51%↓ Y/Y)Net Sales Of Non HempProducts$17,821,411 (682.99%↑ Y/Y)Net income/(loss)attributable to common...-$24,872,180 Net sales$36,920,799 (-1.08%↓ Y/Y)Net income/(loss)-$24,858,678 (-1238.34%↓ Y/Y)Less accruedpreferred stock dividends$13,502 Gross profit$12,620,655 (-1.05%↓ Y/Y)Cost of goods sold$24,300,144 (-1.10%↓ Y/Y)Income/(loss) beforeprovision for income taxes-$24,425,854 (-925.50%↓ Y/Y)Benefit/(provision) for income taxes$432,824 (-17.47%↓ Y/Y)Income/(loss) from operations$913,208 (218.07%↑ Y/Y)Total operatingexpenses$11,707,447 (-13.46%↓ Y/Y)Total otherincome/(expenses)-$25,339,062 (-1475.43%↓ Y/Y)Settlement income$233,412 (2234.12%↑ Y/Y)Interest income$89,327 (-40.22%↓ Y/Y)Payroll expenses$4,757,465 (-18.55%↓ Y/Y)Other operatingexpenses$2,276,941 (-12.68%↓ Y/Y)Advertising and marketing$1,985,021 (71.85%↑ Y/Y)Professional fees$780,331 (-19.84%↓ Y/Y)Bank charges andmerchant fees$604,767 (6.00%↑ Y/Y)Bad debt expense$558,522 (-61.98%↓ Y/Y)Provision for creditlosses - extrax nm loans$421,835 Depreciation andamortization$247,774 (13.33%↑ Y/Y)Collab commission androyalty expense$74,791 (-89.21%↓ Y/Y)Gain on forgivenessof debt$26,278 Impairment of goodwill$23,092,794 Impairment of investment inbendistillery$1,397,200 Impairment of investment inablis$399,200 Theft expense$350,000 Interest expense$286,595 (-19.70%↓ Y/Y)(loss)/recovery from inventorytheft-$108,072 Debt financingexpenses$41,121 (268.73%↑ Y/Y)Penalties$8,097 (38.32%↑ Y/Y)Loss on deposits-$5,000 (-181.69%↓ Y/Y)
Income Statement
source: myfinsight.com

LFTD PARTNERS INC. (LIFD)

LFTD PARTNERS INC. (LIFD)