Company: AHRO
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001477932-25-006087
Chunk: 61

Company: Authentic Holdings, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 61
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 in Atlantic City which exceeded viewership expectations and generated a significant social media buzz, powerfully demonstrating the value of placing premier content on Swerve TV's massive distribution platform. Swerve TV's channels are accessible in 80% of U.S. and Canadian homes and reach an audience of over 5 million combat sports fans. The next live streaming Ring of Combat event ROC 87 event will be held on Friday September 19th 2025 and will be broadcast on both TOROTV.net and SWERVE TV 

Operating Expenses

Operating expenses increased from $206,368 for the three months ended June 30, 2024, to $341,377 for the three months ended June 30, 2025. Operating expenses increased from $451,726 for the six months ended June 30, 2024, to $759,061 for the six months ended June 30, 2025.

 30Table of Contents

Overall, this increase resulted primarily from the amortization of license agreements we entered with Goliath, and to a lesser extent from our efforts to acquire Maybacks and the assets of Goliath, and to build out our organization to establish a strong base for current and future growth. The detail of expenditures by major category is reflected in the table below. 

  Three Months Ended June 30,  Six Months Ended June 30, Operating Expenses 2025  2024  2025  2024 General and administrative $252,517  $65,220  $495,235  $124,124 Depreciation and Amortization  48,722   136,648   189,437   272,791 Professional and Legal Fees  20,888   4,500   52,639   53,794 Research and Development  19,250   -   21,750   1,017 Total Operating Expenses $341,377  $206,368  $759,061  $451,726 

Operating expenses increased in the amount of $135,009 for the three months ended June 30, 2025, compared to the three months ended June 30, 2024. 

General and administrative expenses increased by $187,297 for the three months ended June 30, 2025, compared to the three months ended June 30, 2024. The increase resulted primarily from