LFTD Partners Inc. Reports Q3 2025 Basic EPS of $0.04

Core Viewpoint - LFTD Partners Inc. reported its financial results for Q3 2025, showing significant improvements in revenue and net income, but faces potential severe impacts from new federal legislation banning intoxicating hemp-derived products effective November 12, 2026 [1][4]. Financial Results - Revenue increased by 4% to $9,056,742, up from $8,691,675 [5]. - Operating income was $1,312,791, a turnaround from an operating loss of $140,703 [5]. - Net income reached $634,257, compared to a net loss of $194,399 [5]. - Basic and diluted net income per share improved to $0.04, up from a loss of $0.01 per share [5]. - Cash on hand decreased by 7% to $2,920,664, down from $3,146,947 [5]. - Inventory increased by 8% to $10,077,375, up from $9,316,291 [5]. - Current assets decreased by 14% to $14,591,256, down from $16,928,005 [5]. - Current ratio improved to 3.02 from 2.78 [5]. - Working capital decreased by 10% to $9,764,165, down from $10,843,994 [5]. - Notes payable to Surety Bank decreased by 30% to $2,336,259, down from $3,348,790 [5]. Legislative Impact - The new federal legislation could eliminate approximately half or more of Lifted's sales, as hemp-derived products accounted for about 47% of sales during Q3 2025 [6]. - The Act may necessitate goodwill impairment charges, potentially affecting half or more of the recognized goodwill totaling $23,092,794 [6]. - An investment impairment charge may be required for LFTD Partners' investment in Ablis, which was reported as $399,200 as of September 30, 2025 [6]. - Significant inventory write-offs are anticipated due to potential negative impacts on pricing and availability of hemp-derived products [6]. Company Overview - LFTD Partners Inc. is the parent corporation of Lifted Made, which manufactures and sells hemp-derived and other psychoactive products under various brands [7]. - The company also holds a 4.99% stake in Ablis and a craft distillery, Bendistillery Inc. [7].