secwatch.observer — SEC 8-K summary
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Issuer:     FITLIFE BRANDS, INC. (FTLF)
CIK:        0001374328
Form:       8-K/A
Filed at:   2025-10-20T23:59:59+00:00
Accession:  0001437749-25-031312
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

FitLife Brands files financials for acquired Irwin Naturals supplement business; $42.5M deal closed Aug 8, 2025
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- Total purchase price of $42.5M in cash; no earnouts or contingent consideration; acquired assets $50.8M, assumed liabilities $8.3M.
- Acquired business generated revenue of $67.9M in 2024 and $69.7M in 2023; excess of revenue over direct expense was $6.3M in 2024 vs. ($4.4M) in 2023.
- Provisional intangible assets of $31.8M: $25.5M for customer relationships and brands, $6.3M goodwill; subject to adjustment within one-year measurement period.
- Acquisition was approved by U.S. Bankruptcy Court for Central District of California under Section 363 of Bankruptcy Code.
- Pro forma condensed combined financial statements for FitLife and the acquired business as of June 30, 2025, and for FY2024 and H1 2025 are included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1374328/000143774925031312/0001437749-25-031312-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1374328/000143774925031312/ftlf20251012_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-031312

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