ADDED
false --12-31 FY 2025 Our enterprise-wide cybersecurity strategy, policy, standards, architecture, and processes are led by a dedicated, outsourced Chief Information Officer, in collaboration with outside cybersecurity partners, is responsible for leading enterprise-wide cybersecurity strategy, policy, standards, architecture, and processes.
Qualified third-party service providers are tasked with developing, implementing, and executing that strategy.
These third parties play a key role in our cybersecurity risk assessment and management processes, as we rely on their cybersecurity experience and expertise to assess, identify, and manage emerging trends and risks from cybersecurity threats on an ongoing basis.
Our enterprise-wide cybersecurity strategy, policy, standards, architecture, and processes are led by a dedicated, outsourced Chief Information Officer, in collaboration with outside cybersecurity partners, is responsible for leading enterprise-wide cybersecurity strategy, policy, standards, architecture, and processes.
Qualified third-party service providers are tasked with developing, implementing, and executing that strategy.
These third parties play a key role in our cybersecurity risk assessment and management processes, as we rely on their cybersecurity experience and expertise to assess, identify, and manage emerging trends and risks from cybersecurity threats on an ongoing basis.
true true true Our Chief Executive Officer and other members of our senior management, as appropriate, provide oversight and monitoring of these third parties, who provide regular reports to management.
Management provides periodic reports to our Board as a whole, who are ultimately responsible for the oversight of risks from cybersecurity threats which include updates on the Company s cyber risks, the status of projects to strengthen our information security systems, assessments of the information security program, the emerging threat landscape, and any recommendations for additional internal controls, systems, or insurance coverage for board approval.
Our Chief Executive Officer and other members of our senior management, as appropriate, provide oversight and monitoring of these third parties, who provide regular reports to management.
Management provides periodic reports to our Board as a whole, who are ultimately responsible for the oversight of risks from cybersecurity threats which include updates on the Company s cyber risks, the status of projects to strengthen our information security systems, assessments of the information security program, the emerging threat landscape, and any recommendations for additional internal controls, systems, or insurance coverage for board approval.
REMOVED
false --12-31 FY 2024 true true true true true false 0.001 0.001 100,000,000 100,000,000 10,668,705 10,292,374 9,749,326 9,383,622 1 http://fasb.org/us-gaap/2024#NonoperatingIncomeExpense 0 0.5 99,525 3 10 132,000 100 10 10 10 10 http://fasb.org/us-gaap/2024#PrimeRateMember 1 1 false false false false Includes 26,877 shares of common stock which were withheld to cover payroll taxes.
Can be carried forward for between one and five years and which begin to expire in 2025.
As of February 21, 2025 the registrant had 10,299,486 shares of common stock, $0.001 par value per share, outstanding.
Overview Laird Superfood creates clean, functional, and sustainability-conscious products, many of which incorporate adaptogens, which may be beneficial in reducing stress, improving energy levels, enhancing mental performance, mood regulation, and immune system support.
Our primary products include: (i) coffee creamers, (ii) hydration and beverage enhancing products, (iii) harvest snacks and other food items, and (iv) coffee, tea, and hot chocolate products.
Laird Superfood s long-term goal is to build the first scale-level and widely recognized brand that authentically focuses on natural ingredients, nutritional density, and functionality.
Census Bureau estimates to be an $730 billion grocery market as of 2024.
Natural, Organic, and Functional Food and Beverages and Supplement sub-segment, which accounted for approximately $270 billion of that market in 2024 and is expected to grow to $300 billion by the end of 2025.
Additionally, per Grandview Research, the North American Functional Mushroom Supplement Market was valued at $540 million in 2023 and projected to grow at a 15% compound annual growth rate ( CAGR ) between 2024 and 2030.
Our Growth Strategy Our primary growth strategies are as follows: Open-Ended and Long Duration Growth in the U.S.