Company: SNBH
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001731122-25-001154
Chunk: 0

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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SENTIENT BRANDS HOLDINGS INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

June 30, 2025
 
December 31, 2024

Unaudited
 
Audited

ASSETS

CURRENT ASSETS

Cash
 
$
42,348

$
3,432

Accounts receivable

60,900

—

Inventory

283,451

—

Prepaid expenses

169,462

—

TOTAL CURRENT ASSETS

556,161

3,432

Fixed Assets (net of Depreciation)

93,685

19,864

Other assets

7,948

—

TOTAL ASSETS
 
$
657,794

$
23,296

LIABILITIES AND STOCKHOLDERS’ DEFICIENCY

CURRENT LIABILITIES

Accounts payable and accrued expenses
 
$
828,690

$
856,012

Notes payable

—

544,691

Convertible Notes Payable

715,789

809,047

Acquisition Credits

 595,440

 —

TOTAL CURRENT LIABILITIES

2,139,919

2,209,750

TOTAL LIABILITIES
 
$
2,139,919

$
2,209,750

STOCKHOLDERS’ DEFICIENCY

Preferred Stock – Par Value of $0.001; 25,000,000 shares authorized; 0 and1,000,000 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively

—

1,000

Common Stock - Par Value of $0.001; 500,000,000 shares authorized; 118,096,844 and 70,920,517 shares issued and outstanding as of June 30, 2025 and December 31, 2024

118,097

70,921

Common stock to be issued

71,000

153,054

Additional paid-in capital

3,886,038

2,258,397

Accumulated deficit

(5,557,260
)

(4,669,826
)

TOTAL STOCKHOLDERS’ DEFICIENCY

(1,482,125
)

(2,186,454
)

TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIENCY
 
$
657,794

$
23,296

The accompanying notes are an integral part of these
unaudited consolidated financial statements.

1 

SENTIENT BRANDS HOLDINGS INC.