Laird Superfood, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026 with the Securities and Exchange Commission on November 13, 2026, reporting third-quarter net sales of $41,954,481 and total assets of $145,078,640.

Key Highlights

  • Net sales of $41,954,481 for the three months ended September 30, 2026, compared to $12,895,662 in the same period of 2025, according to the filing.
  • Nine-month net sales of $97,190,217 for the period ended September 30, 2026, versus $36,540,663 in the first nine months of 2025, as reported.
  • Total assets of $145,078,640 at September 30, 2026, up from $19,217,837 at December 31, 2025, the filing disclosed.
  • Goodwill of $30,197,784 and intangible assets, net of $41,001,047 appeared on the September 30, 2026 balance sheet, with both figures at zero or minimal levels at year-end 2025, reflecting acquisition activity noted in the filing.
  • Series A preferred stock of 110,000 shares authorized, issued, and outstanding at September 30, 2026, carried at $110,851,420 in mezzanine equity, with no such shares outstanding at December 31, 2025.
  • Accumulated deficit narrowed to $109,698,616 at September 30, 2026, from $111,370,521 at December 31, 2025, the filing stated.
  • Cash, cash equivalents, and restricted cash of $17,325,329 at September 30, 2026, compared to $5,320,600 at December 31, 2025, as disclosed.

Laird Superfood Balance Sheet and Operations for the September 2026 Quarter

Laird Superfood, Inc. (NYSE American:LSF), a smaller reporting company incorporated in Nevada and headquartered in Boulder, Colorado, reported a significant expansion in its balance sheet between December 31, 2025 and September 30, 2026. According to the filing, total assets grew from $19,217,837 to $145,078,640, driven in part by the appearance of goodwill of $30,197,784 and intangible assets, net of $41,001,047, neither of which was present in material amounts at the prior year-end. The filing also shows inventory rising to $31,804,726 from $7,782,169 and accounts receivable, net increasing to $13,363,701 from $3,899,205.

On the liabilities and equity side, the company disclosed 110,000 shares of Series A preferred stock, $0.001 par value, authorized, issued, and outstanding at September 30, 2026, carried at $110,851,420 in mezzanine equity. No preferred shares were outstanding at December 31, 2025. Total stockholders' equity was reported at $14,132,229 at September 30, 2026, compared to $11,462,787 at December 31, 2025. The accumulated deficit decreased from $111,370,521 to $109,698,616 over the same period.

For the income statement, the filing reported net sales of $41,954,481 for the three months ended September 30, 2026, versus $12,895,662 for the three months ended September 30, 2025. For the nine-month period, net sales were $97,190,217, compared to $36,540,663 in the prior-year nine-month period. As of November 9, 2026, the registrant disclosed 11,256,602 shares of common stock, $0.001 par value, outstanding. The filing contains forward-looking statements that the company cautions are subject to risks and uncertainties, including its limited operating history, reliance on third parties, and tariffs and trade-related policies.

What Was Disclosed

Laird Superfood filed a Form 10-Q for the quarter ended September 30, 2026, disclosing third-quarter net sales of $41,954,481, total assets of $145,078,640, newly recorded goodwill, and 110,000 Series A preferred shares outstanding carried at $110,851,420.