Exhibit 107
Calculation of Filing Fee Table
Form S-8
(Form Type)
Lifeway Foods, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
| Security Type | Security Class Title | Fee Calculation Rule | Amount Registered(1) | Proposed Maximum Offering Price Per Unit(2) | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee |
| Equity | Common Stock, no par value | Rule 457(c) and (h) | 3,247,855(3) | $5.93 | $19,259,781 | 0.00011020 | $2,122 |
| Equity | Common Stock, no par value | Rule 457(c) and (h) | 500,000(4) | $5.93 | $2,965,000 | 0.00011020 | $327 |
| Total Offering Amounts | $22,224,781 | 0.00011020 | $2,449 | ||||
| Total Fees Previously Paid | $0 | ||||||
| Total Fee Offsets | $0 | ||||||
| Net Fees Due | $2,449 | ||||||
| (1) | Pursuant to Rule 416(a) promulgated under the Securities Act of 1933, as amended, this registration statement also relates to such indeterminate number of additional shares of common stock of the Registrant as may be issuable in the event of a stock dividend, stock split, recapitalization, or other similar capital structure, merger consolidation, spin-off, split-off, spin-out, split-up, reorganization, partial or complete liquidation, or other distribution of assets, issuance of rights or warrants to purchase securities, or any other corporate transaction or event having an effect similar to any of the foregoing. |
| (2) | Estimated solely for the purpose of calculating the registration fee in accordance with Rule 457(c) and (h) under the Securities Act of 1933, as amended. The price per share is estimated based on the average of the high and low trading prices for the Registrant’s common stock on May 18, 2023, as reported on The Nasdaq Global Select Market. |
| (3) | Consists of shares authorized for issuance pursuant to the Lifeway Foods, Inc. 2022 Omnibus Plan. |
| (4) | Consists of shares authorized for issuance pursuant to the Lifeway Foods, Inc. 2022 Non-Employee Director Equity and Deferred Compensation Plan. |
