Laird Superfood, Inc. (LSF)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Sales, net | 11,990,842 | 11,654,159 | 11,776,346 | 10,003,654 |
Cost of goods sold | 7,209,839 | 6,772,619 | 6,712,214 | 5,826,373 |
Gross profit | 4,781,003 | 4,881,540 | 5,064,132 | 4,177,281 |
Selling | 1,074,467 | 1,055,570 | 1,057,800 | 920,739 |
Marketing and advertising | 1,825,266 | 1,731,036 | 1,579,763 | 1,383,425 |
Related party marketing agreements | 77,984 | 69,189 | 70,465 | 63,566 |
Total sales and marketing expenses | 2,977,717 | 2,855,795 | 2,708,028 | 2,367,730 |
Other general and administrative | 1,017,124 | 1,085,609 | 1,377,628 | 1,172,363 |
Salaries, wages, and benefits | 1,185,639 | 1,158,155 | 1,247,066 | 975,809 |
Total general and administrative expenses | 2,202,763 | 2,243,764 | 2,624,694 | 2,148,172 |
Total operating expenses | 5,180,480 | 5,099,559 | 5,332,722 | 4,515,902 |
Operating loss | -399,477 | -218,019 | -268,590 | -338,621 |
Other income | 45,561 | 74,448 | 107,891 | 103,069 |
Loss before income taxes | -353,916 | -143,571 | -160,699 | -235,552 |
Income tax expense | 8,262 | 12,611 | 5,421 | 3,524 |
Net loss | -362,178 | -156,182 | -166,120 | -239,076 |
Net loss per share, basic and diluted (in dollars per share) | -0.03 | -0.02 | -0.02 | -0.02 |
Weighted average shares outstanding - basic and diluted (in shares) | 10,517,528 | 10,345,495 | 10,256,802 | 9,833,001 |