$LIFD Balance Sheet | Understand Stock

$LIFD

$0.10 -$0.09 (48.21%) Close

$LIFD Overview Financial Statements SEC Filings Executives News Red Flags Capital Raising Ownership Insider Transactions Congressional Trades

Financial Statements

Income Statement Balance Sheet Cashflow Statement

Consolidated balance sheets

In millions of USD, except per-share amounts

	Q2 FY2026 As of Jun 30, 2026	Q1 FY2026 As of Mar 31, 2026	Q4 FY2025 As of Dec 31, 2025	Q3 FY2025 As of Sep 30, 2025	Q2 FY2025 As of Jun 30, 2025	Q1 FY2025 As of Mar 31, 2025	Q4 FY2024 As of Dec 31, 2024	Q3 FY2024 As of Sep 30, 2024	Q2 FY2024 As of Jun 30, 2024	Q1 FY2024 As of Mar 31, 2024	Q4 FY2023 As of Dec 31, 2023	Q3 FY2023 As of Sep 30, 2023	Q2 FY2023 As of Jun 30, 2023	Q4 FY2022 As of Dec 31, 2022	Q3 FY2022 As of Sep 30, 2022	Q2 FY2022 As of Jun 30, 2022	Q1 FY2022 As of Mar 31, 2022	Q4 FY2021 As of Dec 31, 2021	Q3 FY2021 As of Sep 30, 2021
Dividend Receivable from Bendistillery, Inc.
Cash and Cash Equivalents
Prepaid Expenses
Loan to SmplyLifted LLC
IL Income Tax Receivable
Interest Receivable
Note Receivable from CBD LION
Accounts Receivable, net of allowance of $1,207,367 in 2026 and $1,269,590 in 2025
Inventory, net of allowance of $6,596,096 in 2026 and $0 in 2025
Income Tax Receivable
Current Portion of Settlement Asset and Receivables
Receivable Loans from Extrax NM - Current
Assets held for sale
Other Current Assets
Total Current Assets
Restricted Cash
Goodwill carrying value
Deposit for Girish GPO Distribution Agreement
Fixed Assets, less accumulated depreciation of $75,285 in 2021 and $14,361 in 2020
Investment in SmplyLifted LLC
Intangible Assets, less accumulated amortization of $3,751 in 2022 and $3,058 in 2021
Investment in Ablis
Total investment
Investment in Bendistillery and Bend Spirits
Investment in Bendistillery
Net Deferred Tax Asset
Fixed Assets, less accumulated depreciation of $1,690,642 in 2026 and $1,608,543 in 2025
Intangible Assets, less accumulated amortization of $4,444 in 2022 and $3,058 in 2021
Security and State Licensing Deposits and Bonds
Finance Lease Right-of-Use Asset, net of Right-of-Use Asset Amortization of $206,008 in 2022
Operating Lease Right-of-Use Asset, net of Right-of-Use Asset Amortization of $591,243 in 2026 and $457,742 in 2025
Debt Financing Costs
Non-Current Portion of Settlement Asset and Receivables
Receivable Unit Loans from Extrax NM - Non-Current
Total Assets
Current Liabilities
Finance Lease Liability
Operating Lease Liability
Deferred Revenue
Note Payable to Related Party Nicholas S. Warrender
Earnout Liability Pursuant to the Oculus Merger Agreement
Minimum Earnout Consideration to be paid pursuant to the Oculus Merger Agreement ($200,000 in cash, and $800,000 in the form of 160,000 shares of common stock valued at $5.00 per share)
Minimum Earnout Consideration pursuant to the Oculus Merger Agreement ($200,000 in cash, and $800,000 in the form of 160,000 shares of common stock valued at $5.00 per share)
Income Tax Payable
Management Bonus Payable - Related Party - Payable to William C. Jacobs
Management Bonus Payable - Related Party - Payable to Gerard M. Jacobs
Management Bonuses Payable - Related Party Current
Management Bonuses Payable - Related Party
Company-Wide Management Bonus Pool
Collab Commissions and Royalties Payable
Accounts Payable and Accrued Expenses
Interest - Payable to William C. Jacobs
Interest - Payable to Gerard M. Jacobs
Interest - Payable to Nicholas S. Warrender
Interest Payable - Related Party Current
Interest Payable - Related Party
Series A Convertible Preferred Stock Dividends Payable
Series B Convertible Preferred Stock Dividends Payable
Preferred Stock Dividends Payable Current
Accounts Payable - Related Party
Note Payable - Related Party
Preferred Stock Dividends Payable
Notes Payable to Surety Bank
Interest Payable to Surety Bank
Total Current Liabilities
Non-Current Liabilities
Paycheck Protection Program Loan
Finance Lease Liability
Operating Lease Liability

Notes Payable - Payable to Nicholas S. Warrender
Note Payable to Surety Bank
Net Deferred Tax Liability
Total Non-Current Liabilities
Total Liabilities
Commitments and Contingencies
Common Stock, $0.001 par value; 100,000,000 shares authorized, and:14,822,678 shares issued and outstanding at June 30, 2026 14,822,678 shares issued and outstanding at December 31, 2025
Additional Paid-in Capital
235,000 shares of Deferred Contingent Stock issuable upon instruction by the respective Deferred Contingent Stock Recipient
235,000 shares of Deferred Contingent Stock issuable upon instruction by the respective Deferred Contingent Stock Recipients at June 30, 2023; no shares of Deferred Contingent Stock issuable at December 31, 2022
142,000 shares of Deferred Contingent Stock issuable upon instruction by the respective Deferred Contingent Stock Recipients at September 30, 2023; no shares of Deferred Contingent Stock issuable at December 31, 2022
142,000 shares of Deferred Contingent Stock issuable upon instruction by the respective Deferred Contingent Stock Recipients at December 31, 2023; no shares of Deferred Contingent Stock issuable at December 31, 2022
142,000 shares of Deferred Contingent Stock issuable upon instruction by the respective Deferred Contingent Stock Recipients at June 30, 2026 and December 31, 2025
Accumulated Deficit
Total Shareholders' Equity
Total Liabilities and Shareholders' Equity
Preferred stock value
Series A Convertible Preferred Stock
Series B Convertible Preferred Stock
Total preferred stock value

Common Stock, $0.001 par value; 100,000,000 shares authorized; 14,027,578 shares issued and outstanding at December 31, 2021, and 6,485,236 shares issued and outstanding at December 31, 2020
Treasury Stock (Purchase of 72,000 shares of common stock at $0.95 per share in 2020)

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