Laird Superfood, Inc.
For the period ended Dec 31, 2025. Filed Mar 30, 2026.
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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.
FY2025 · Filed Mar 30, 2026
LSF$2.43-1.6%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Item 15. Exhibits, Financial Statement Schedules
(a)(1) Consolidated Financial Statements
See Index to Financial Consolidated Statements in Item 8 of this report.
(a)(2) Financial Statement Schedules
All financial statement schedules have been omitted as the information is not required under the related instructions or is not applicable or because the information required is already included in the consolidated financial statements or the notes those consolidated financial statements.
(a)(3) EXHIBITS.
The documents set forth below are filed herewith or incorporated herein by reference to the location indicated.
| Incorporated by Reference | |||||
|---|---|---|---|---|---|
| Exhibit Number · Description · Form · File No. · Exhibit · Filing Date · Filed / Furnished Herewith | |||||
| 2.1† | Securities Purchase Agreement, dated December 21, 2025, by and among Laird Superfood, Inc., Encore Consumer Capital Fund II, LP, certain of the members of Navitas LLC, and Global Superfoods Corp. | 8-K | 001-39537 | 2.1 | 12/22/2025 |
| 3.1 | Articles of Incorporation of Laird Superfood, Inc. | 8-K | 001-39537 | 3.1 | 1/2/2024 |
| 3.2 | Certificate of Designation of Series A Preferred Stock | 8-K | 001-39537 | 3.1 | 1/29/2026 |
| 3.3 | Bylaws of Laird Superfood, Inc. | 8-K | 001-39537 | 3.2 | 1/2/2024 |
| 4.1 | Form of Stock Certificate for Common Stock. | 10-K | 001-39537 | 4.1 | 3/13/2024 |
| 4.2 | Stockholder Agreement dated April 13, 2020, between the Company and Danone Manifesto Ventures, PBC. | S-1 | 333-248513 | 4.3 | 8/31/2020 |
| 4.3 | Description of Capital Stock. | 10-K | 001-39537 | 4.1 | 3/13/2024 |
| 10.1# | Laird Superfood, Inc. 2016 Stock Incentive Plan, and form of award agreement thereunder. | S-1 | 333-248513 | 10.7 | 8/31/2020 |
| 10.2# | Laird Superfood, Inc. 2018 Equity Incentive Plan, and form of award agreement thereunder. | S-1 | 333-248513 | 10.6 | 8/31/2020 |
| 10.3# | Laird Superfood, Inc. 2020 Omnibus Incentive Plan. | S-8 | 333-248985 | 99.3 | 9/23/2020 |
| 10.4# | First Amendment to the Laird Superfood, Inc. 2020 Omnibus Incentive Plan. | 8-K | 001-39537 | 10.1 | 6/28/2024 |
| 10.5# | Form of Incentive Stock Option Agreement under the 2020 Omnibus Incentive Plan. | S-1/A | 333-248513 | 10.2 | 9/10/2020 |
| 10.6# | Form of Non-Qualified Stock Option Agreement under the 2020 Omnibus Incentive Plan. | S-1/A | 333-248513 | 10.3 | 9/10/2020 | |
| 10.7# | Form of Restricted Stock Unit Agreement under the 2020 Omnibus Incentive Plan. | S-1/A | 333-248513 | 10.5 | 9/10/2020 | |
| 10.8# | Amended Form of Incentive Stock Option Agreement under the 2020 Omnibus Incentive Plan. | 10-K | 001-39537 | 10.13 | 3/16/2023 | |
| 10.9# | Amended Form of Non-Qualified Stock Option Agreement under the 2020 Omnibus Incentive Plan. | 10-K | 001-39537 | 10.14 | 3/16/2023 | |
| 10.10# | Amended Form of Restricted Stock Award Agreement under the 2020 Omnibus Incentive Plan. | 10-K | 001-39537 | 10.15 | 3/16/2023 | |
| 10.9# | Amended Form of Restricted Stock Unit Agreement under the 2020 Omnibus Incentive Plan. | 10-K | 001-39537 | 10.16 | 3/16/2023 | |
| 10.10# | Form of Indemnification Agreement for Directors and Officers. | S-1/A | 333-248513 | 10.6 | 9/20/2020 | |
| 10.11# | Form of Laird Superfood, Inc. Executive Bonus Plan. | 8-K | 001-39537 | 10.1 | 3/10/2021 | |
| 10.12# | Employment Agreement between the Company and Jason Vieth, effective January 31, 2022. | 8-K | 001-39537 | 10.1 | 1/31/2022 | |
| 10.13# | Employment Agreement, dated November 4, 2022, by and between the Company and Anya K. Hamill. | 10-Q | 001-39537 | 10.4 | 11/10/2022 | |
| 10.14 | License and Preservation Agreement dated May 26, 2020, by and among the Company, Laird Hamilton, and Gabrielle Reece. | S-1 | 333-248513 | 10.12 | 8/31/2020 | |
| 10.15 | Accounts Receivable Factoring Agreement dated May 7, 2024, between the Company and Alterna Capital Solutions, LLC. | 10-Q | 001-39537 | 10.1 | 5/8/2024 | |
| 10.16† | Investment Agreement, dated December 21, 2025, by and among Laird Superfood, Inc., Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC. | 8-K | 001-39537 | 10.1 | ||
| 10.17 | Amendment No. 1 Investment Agreement, dated January 30, 2026, by and among Laird Superfood, Inc., Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC. | 8-K | 001-39537 | 10.1 | 1/29/2026 | |
| 10.18 | Registration Rights Agreement, dated March 12, 2026, by and among Laird Superfood, Inc., Gateway Superfood NSSIII Investment, LLC and Gateway Superfood NSSIV Investment, LLC. | 8-K | 001-39537 | 10.3 | 3/12/2026 | |
| 19.1 | Laird Superfood, Inc. Insider Trading Policy. | 10-K | 001-39537 | 19.1 | 2/26/2025 | |
| 21.1 | Subsidiaries of the Registrant. | 10-K | 001-39537 | 21.1 | 2/26/2025 | |
| 23.1 | Consent of KPMG, LLP. | X | ||||
| 23.2 | Consent of Baker Tilly US, LLP. | X | ||||
| 24.1 | Power of Attorney (included in signature page). | X | ||||
| 31.1 · Certification of Chief Executive Officer pursuant to Exchange Act Rule 13a-14(a). · X | ||||||
|---|---|---|---|---|---|---|
| 31.2 · Certification of Chief Financial Officer pursuant to Exchange Act Rule 13a-14(a). · X | ||||||
| 32.1* · Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350. · X | ||||||
| 32.2* · Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350. · X | ||||||
| 97.1 | Laird Superfood, Inc. Incentive Compensation Recoupment Policy. | 10-K | 001-39537 | 97.1 | 3/13/2024 | |
| 101.INS | inline XBRL Instance Document | X | ||||
| 101.SCH | inline XBRL Taxonomy Extension Schema Document | X | ||||
| 101.CAL | inline XBRL Taxonomy Extension Calculation Linkbase Document | X | ||||
| 101.DEF | inline XBRL Taxonomy Extension Definition Linkbase Document | X | ||||
| 101.LAB | inline XBRL Taxonomy Extension Label Linkbase inline Document | X | ||||
| 101.PRE | inline XBRL Taxonomy Extension Presentation Linkbase Document | X | ||||
| 104 | The cover page from Laird Superfood, Inc.’s Annual Report on Form 10-K for the fiscal year ended December 31, 2025, formatted in Inline XBRL (included as Exhibit 101) | X | ||||
- The certifications attached as Exhibit 32.1 and 32.2 are not deemed filed with the SEC and are not incorporated by reference into any of the Company’s filings under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, whether made before or after the date of this Annual Report on Form 10-K, irrespective of any general incorporation language contained in such.
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