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Net loss
attributable to common...
-$4,163,276
Net loss
-$4,159,949
(-1272.73%↓ Y/Y)
Less accrued
preferred stock dividends
$3,327
Benefit/(provision) for income taxes
-$555,148
(-596.48%↓ Y/Y)
Loss before
provision for income taxes
-$4,715,097
(-1131.90%↓ Y/Y)
Distributors
$5,784,032
(-4.06%↓ Y/Y)
End Consumers
$1,212,178
(16.80%↑ Y/Y)
Wholesalers
$1,126,957
(-39.66%↓ Y/Y)
Private Label Clients
$787,191
(316.27%↑ Y/Y)
Raw Goods
$247,848
Loss from operations
-$4,565,261
(-1290.21%↓ Y/Y)
Total other
income/(expenses)
-$149,836
(-175.62%↓ Y/Y)
Interest income
$7,948
(-75.83%↓ Y/Y)
United States Area
$9,158,206
Total operating
expenses
$2,859,181
(12.31%↑ Y/Y)
Gross profit
-$1,706,080
(-176.94%↓ Y/Y)
Settlement costs
$100,000
Debt financing
expenses
$24,192
(782.28%↑ Y/Y)
Interest expense
$21,216
(-73.48%↓ Y/Y)
Gain/(loss) on disposal of
fixed assets
-$10,876
Net sales
$9,158,206
(0.38%↑ Y/Y)
Penalties
$1,500
(11438.46%↑ Y/Y)
Payroll expense
$1,318,781
(1.48%↑ Y/Y)
Other operating
expenses
$503,364
(-22.72%↓ Y/Y)
Advertising and marketing
$341,401
(-17.85%↓ Y/Y)
Bad debt
(recovery)/expense
$249,206
(161.70%↑ Y/Y)
Bank charges and
merchant fees
$157,116
(4.39%↑ Y/Y)
Impairment of
hemp-specific fixed assets
$143,421
Professional fees
$83,002
(-72.63%↓ Y/Y)
Depreciation and
amortization
$62,890
(1.00%↑ Y/Y)
Cost of goods sold
$10,864,286
(57.31%↑ Y/Y)
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Income Statement
source: myfinsight.com
LFTD PARTNERS INC. (LIFD)
LFTD PARTNERS INC. (LIFD)