Laird Superfood Inc
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
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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 Feb 26, 2025
LSF$2.47+11.3%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| Year Ended | ||
|---|---|---|
| December 31, | ||
| 2024 | 2023 | |
| Sales, net | $43,295,137 | $34,224,198 |
| Cost of goods sold | (25,607,556) | (23,910,921) |
| Gross profit | 17,687,581 | 10,313,277 |
| General and administrative | ||
| Salaries, wages, and benefits | 4,367,976 | 4,203,613 |
| Other general and administrative | 4,931,033 | 5,589,747 |
| Total general and administrative expenses | 9,299,009 | 9,793,360 |
| Sales and marketing | ||
| Marketing and advertising | 6,484,611 | 7,600,859 |
| Selling | 3,825,992 | 3,332,872 |
| Related party marketing agreements | 251,061 | 285,172 |
| Total sales and marketing expenses | 10,561,664 | 11,218,903 |
| Total operating expenses | 19,860,673 | 21,012,263 |
| Operating loss | (2,173,092) | (10,698,986) |
| Other income | 413,255 | 551,064 |
| Loss before income taxes | (1,759,837) | (10,147,922) |
| Income tax expense | (60,324) | (15,195) |
| Net loss | $(1,820,161) | $(10,163,117) |
| Net loss per share: | ||
| Basic and diluted | $(0.18) | $(1.09) |
| Weighted-average shares of common stock outstanding used in computing net loss per share of common stock, basic and diluted | 9,946,733 | 9,297,226 |
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