Company: SUND
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023411
Chunk: 1

Company: Sundance Strategies, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 1
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, authorized 500,000,000 shares, par value $0.001; 43,063,441 shares issued and outstanding as of June, 30 2025; and March, 31 2025 
     43,064  
     43,064 
  
    Additional paid-in capital 
     32,542,587  
     32,154,076 
  
    Accumulated deficit 
     (39,108,242) 
     (38,500,248)

    Total Stockholders’ Deficit 
     (6,522,591) 
     (6,303,108)

    Total Liabilities and Stockholders’ Deficit 
    $60,726  
    $178,203 

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

3

SUNDANCE
STRATEGIES, INC. AND SUBSIDIARY

Consolidated
Statements of Operations

(UNAUDITED)

    2025  
    2024 

    Three Months Ended June 30, 

    2025  
    2024 

    Income from Investments 
    $-  
    $- 

    General and Administrative Expenses 
     130,764  
     193,107 

    Loss from Operations 
     (130,764) 
     (193,107)

    Other Income (Expense) 

    Loss on extinguishment of debt 
     (388,511) 
     - 
  
    Interest expense 
     (88,719) 
     (88,322)
  
    Financing expense 
     -  
     (155,000)

    Total Other Income (Expense) 
     (477,230) 
     (243,322)

    Loss Before Income Taxes 
     (607,994) 
     (436,429)
  
    Income Tax Provision (Benefit) 
     -  
     - 

    Net Loss 
    $(607,994) 
    $(436,429)

    Loss per share: 

    Loss per share - basic and diluted 
    $(0.01) 
    $(0.01)

    Weighted average shares outstanding - basic and diluted 
     43,063,441  
     42,282,245 

The
accompanying notes are an integral part of