La Rosa Holdings Corp
For the period ended Dec 31, 2023. Filed Apr 16, 2024.
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FY2023 · Filed Apr 16, 2024
LRHC$0.76-15.4%Stored close · as of Oct 16, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
La Rosa Holdings Corp. and Subsidiaries
Consolidated Balance Sheets
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash | $959,604 | $118,558 |
| Restricted cash | 1,484,223 | 1,411,364 |
| Accounts receivable, net of reserve for credit losses of $83,456 and $29,039, respectively | 826,424 | 424,549 |
| Other current assets | — | 45,000 |
| Due from related party | — | 41,558 |
| Total current assets | 3,270,251 | 2,041,029 |
| Noncurrent assets: | ||
| Property and equipment, net | 14,893 | — |
| Right-of-use asset, net | 687,570 | — |
| Deferred offering costs | — | 1,760,447 |
| Intangible assets, net | 4,632,449 | — |
| Goodwill | 5,702,612 | — |
| Other long-term assets | 21,270 | 79,314 |
| Total noncurrent assets | 11,058,794 | 1,839,761 |
| Total assets | $14,329,045 | $3,880,790 |
| Liabilities and Stockholders’ Equity (Deficit) | ||
| Current liabilities: | ||
| Line of credit | $— | $86,163 |
| Accounts payable | 1,147,073 | 1,523,936 |
| Accrued expenses | 227,574 | 522,279 |
| Due to related party, current | — | 652,233 |
| Derivative liability | — | 1,022,879 |
| Convertible notes payable, net | — | 585,779 |
| Advances on future receipts | 77,042 | — |
| Accrued acquisition cash consideration | 300,000 | — |
| Notes payable, current | 4,400 | 250,788 |
| Lease liability, current | 340,566 | — |
| Total current liabilities | 2,096,655 | 4,644,057 |
| Noncurrent liabilities: | ||
| Note payable, net of current | 615,127 | 360,912 |
| Due to related party, net of current | — | 338,757 |
| Security deposits payable | 1,484,223 | 1,415,059 |
| Lease liability, noncurrent | 363,029 | — |
| Other liabilities | 2,950 | — |
| Total non-current liabilities | 2,465,329 | 2,114,728 |
| Total liabilities | 4,561,984 | 6,758,785 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity (deficit): | ||
| Preferred stock - $0.0001 par value; 50,000,000 shares authorized; 2,000 Series X shares issued and outstanding at December 31, 2023 and December 31, 2022 | — | — |
| Common stock - $0.0001 par value; 250,000,000 shares authorized; 13,406,480 and 6,000,000 issued and outstanding at December 31, 2023 and December 31, 2022, respectively | 1,341 | 600 |
| Additional paid-in capital | 18,016,400 | 1,410,724 |
| Accumulated deficit | (12,107,756) | (4,289,319) |
| Total stockholders’ equity (deficit) – La Rosa Holdings Corp. Shareholders | 5,909,985 | (2,877,995) |
| Noncontrolling interest in subsidiaries | 3,857,076 | — |
| Total stockholders’ equity (deficit) | 9,767,061 | (2,877,995) |
| Total liabilities and stockholders’ equity (deficit) | $14,329,045 | $3,880,790 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.