Company: AHRO
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001477932-25-002774
Chunk: 912

Company: Authentic Holdings, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 8
Chunk 912
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 days preceding the Company’s achievement of each award milestone.

 F-21Table of Contents

NOTE 11– NET LOSS PER SHARE Potentially dilutive securities are excluded from the calculation of net loss per share when their effect would be anti-dilutive. For all periods presented in the consolidated financial statements, all potentially dilutive securities have been excluded from the diluted share calculations as they were anti-dilutive as a result of the net losses incurred for the respective periods. Accordingly, basic shares equal diluted shares for all periods presented. Potentially dilutive securities were comprised of the following:   December 31,  December 31,   2024  2023 Warrants  -   11,000,000 Options  -   2,700,000 Convertible notes payable, including accrued interest  1,286,698,780   2,419,329,215    1,286,698,780   2,433,029,215  During 2024, warrants and options of 11,000,000 and 2,700,000 dilutive shares, respectively, expired.

NOTE 12 – SEGMENT REPORTING ASC Subtopic 280-10, “Segment Reporting,” establishes standards for reporting information about operating segments. Operating segments are defined as components of an enterprise about which separate financial information is available. This information is regularly evaluated by the chief operating decision maker (“CODM”) to allocate resources and assess performance. The Company’s Chief Executive Officer serves as the CODM, and reviews financial information on an operating segment basis to make operational decisions and assess financial performance. The Company operates as one segment. The accounting policies of the Company’s segment are the same as those described in the summary of significant accounting policies. The CODM assesses performance at a consolidated level and decides how to allocate resources based on consolidated net income. The measure of segment assets is reported on the balance sheet as total consolidated assets.

 F-22Table of Contents

The following table summarizes the Company’s revenues, net income (loss) and significant expenses.   2024  2023        Revenues $398,600  $- Cost of revenues  127,307   - Gross Profit  271,293   -          Operating Expenses        General and administrative  377,267   173,072 Depreciation and Amortization  524,858