Lftd Partners INC
Market Movers (8-K)
OQB
LFTD Partners Inc. subsidiary Lifted Liquids has entered into an agreement to sell its Kenosha, Wisconsin facility for $1.5 million, intending to use proceeds to repay a mortgage and consolidate operations.
OQB
LFTD Partners Inc. announced the immediate resignation of board member Richard Morrissy due to health concerns.
OQB
LFTD Partners Inc. has terminated five Letters of Intent (LOIs) effective immediately, determining that the conditions and objectives underlying them could not be reasonably satisfied on acceptable terms.
Worse than expected
OQB
LFTD Partners Inc. reports a $350,000 cybersecurity theft and secures an interest-free loan from an affiliate of its CEO and CFO to address resulting cash flow needs.
Worse than expected
OQB
LFTD Partners Inc. announces letters of intent to acquire multiple businesses in Illinois, diversifying into marijuana licenses, real estate, and retail, pending regulatory approvals and other conditions.
Delay expected
OQB
LFTD Partners Inc. has appointed William C. Jake Jacobs to its Board of Directors to fill a vacancy created by the passing of Robert T. Warrender II.
Quarterly Earnings (10-Q)
OQB
LFTD Partners Inc. reports a return to net income in Q3 2025, but faces significant future challenges from a new federal ban on intoxicating hemp-derived products.
Capital raise
Worse than expected
OQB
LFTD Partners Inc. reported a reduced net loss for the six months ended June 30, 2025, driven by a strategic shift towards non-hemp products and lower operating expenses, despite a slight dip in overall net sales.
Better than expected
Delay expected
Capital raise
OQB
LFTD Partners Inc. reports a decrease in net sales for the quarter ended March 31, 2025, amidst regulatory uncertainty and increased competition in the hemp-derived products market.
Capital raise
Worse than expected
OQB
LFTD Partners Inc. reported a 34% decrease in revenue and a net loss for the third quarter of 2024, compared to net income in the same period of 2023.
Worse than expected
Capital raise
OQB
LFTD Partners Inc. reported a decrease in revenue and a net loss for the second quarter of 2024, compared to a net income in the same period of 2023.
Worse than expected
Capital raise
OQB
LFTD Partners Inc. reported a decrease in revenue and a net loss for the first quarter of 2024, while also experiencing a decrease in inventory and current assets.
Worse than expected
Annual Reports (10-K)
OQB
LFTD Partners Inc.'s 10-K filing reveals recurring losses, regulatory challenges, and significant financial obligations, raising concerns about its ability to continue as a going concern.
Capital raise
Worse than expected
OQB
10-K: LFTD Partners Inc. Reports 2023 Financial Results, Revenue Declines Amidst Increased Competition
LFTD Partners Inc. reported a decrease in revenue for 2023, alongside a decrease in net income, despite a 19% increase in revenue in the fourth quarter.
Delay expected
Capital raise
Worse than expected
Proxy Statements (Def-14A)
OQB
LFTD Partners Inc. will hold its 2024 Annual Meeting of Stockholders on December 6, 2024, to elect directors and ratify the appointment of independent auditors.