---
schema_version: "secwatch.filing_event.v1"
accession: "0001096906-23-000003"
form_type: "8-K"
ticker: "LIFD"
cik: "0001391135"
company_name: "LFTD PARTNERS INC."
filed_at: "2023-01-03T23:59:59+00:00"
generated_at: "2026-06-20T20:49:03.550422+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# LFTD Partners subsidiary recoups ~$1M from vape manufacturer for clogged devices

## Summary
- Agreement forgives $630,000 in payables and provides $370,047 in future purchase credits.
- Total recoupment of just over $1.0M relates to Q3 2022 write-off of $2.3M for clogged 2 mL vapes.
- Credits of $185,023.50 per year for 2023 and 2024 (or quarterly per filing).
- Expected net $485,496 improvement to cost of goods sold and accrued liabilities as of Dec 30, 2022.
- New 3 mL vape devices said to be well-received; management optimistic about 2023.

## SEC filing metadata
- accession: 0001096906-23-000003
- form_type: 8-K
- ticker: LIFD
- cik: 0001391135
- company_name: LFTD PARTNERS INC.
- filed_at: 2023-01-03T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1391135/000109690623000003/0001096906-23-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1391135/000109690623000003/lsfp-20221230.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001096906-23-000003
- JSON: https://secwatch.observer/filing/0001096906-23-000003.json
- Plain text: https://secwatch.observer/filing/0001096906-23-000003.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.