Stratum Holdings Corp.
For the period ended Dec 31, 2024. Filed Apr 15, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Apr 15, 2025
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
| December 31, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash | $1,442,901 | $959,604 |
| Restricted cash | 2,137,707 | 1,484,223 |
| Accounts receivable, net of allowance for credit losses of $166,504 and $83,456, respectively | 931,662 | 826,424 |
| Other Current Assets | 1,788 | — |
| Total current assets | 4,514,058 | 3,270,251 |
| Noncurrent assets: | ||
| Property and equipment, net | 9,411 | 14,893 |
| Right-of-use asset, net | 997,715 | 687,570 |
| Intangible assets, net | 5,840,080 | 4,632,449 |
| Goodwill, net | 8,012,331 | 5,702,612 |
| Other long-term assets | 33,831 | 21,270 |
| Total noncurrent assets | 14,893,368 | 11,058,794 |
| Total assets | $19,407,426 | $14,329,045 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $2,376,704 | $1,147,073 |
| Accrued expenses | 738,065 | 227,574 |
| Contract liabilities | 7,747 | — |
| Line of credit | 148,976 | — |
| Derivative liability | 1,607,544 | — |
| Advances on future receipts, net | 618,681 | 77,042 |
| Accrued acquisition cash consideration | 381,404 | 300,000 |
| Notes payable, current | 2,187,673 | 4,400 |
| Lease liability, current | 473,733 | 340,566 |
| Total current liabilities | 8,540,527 | 2,096,655 |
| Noncurrent liabilities: | ||
| Note payable, net of current | 1,475,064 | 615,127 |
| Security deposits and escrow payable | 2,137,707 | 1,484,223 |
| Lease liability, noncurrent | 545,759 | 363,029 |
| Other liabilities | 32,950 | 2,950 |
| Total non-current liabilities | 4,191,480 | 2,465,329 |
| Total liabilities | 12,732,007 | 4,561,984 |
| Commitments and contingencies (Note 13) | ||
| Stockholders’ equity: | ||
| Preferred stock - $0.0001 par value; 50,000,000 shares authorized; 2,000 Series X shares issued and outstanding at December 31, 2024 and December 31, 2023, respectively | — | — |
| Common stock - $0.0001 par value; 250,000,000 shares authorized; 21,847,514 and 13,406,480 issued and outstanding at December 31, 2024 and December 31, 2023, respectively | 2,185 | 1,341 |
| Additional paid-in capital | 29,121,589 | 18,016,400 |
| Accumulated deficit | (26,555,319) | (12,107,756) |
| Total stockholders’ equity – La Rosa Holdings Corp. shareholders | 2,568,455 | 5,909,985 |
| Noncontrolling interest in subsidiaries | 4,106,964 | 3,857,076 |
| Total stockholders’ equity | 6,675,419 | 9,767,061 |
| Total liabilities and stockholders’ equity | $19,407,426 | $14,329,045 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.