Company: SNBH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001731122-25-000760
Chunk: 59

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 8
Chunk 59
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 management believes
that it currently has sufficient human capital to operate its business successfully.

18

Our compensation programs are designed to align the
compensation of our employees with our performance and to provide the proper incentives to attract, retain and motivate employees to achieve
superior results. The structure of our compensation programs balances incentive earnings for both short-term and long-term performance.

The primary mailing address for the Company is 590 Madison Avenue, 21st
Floor, New York, New York 10022. The Company’s telephone number is (646) 202-2897. The Company’s website is www.sentientbrands.com.

Going Concern

We have a limited operating
history, and our continued growth is dependent upon the continuation of selling our products to our customers; hence generating revenues
and obtaining additional financing to fund future obligations and pay liabilities arising from normal business operations. We had an accumulated
deficit of $5,161,123 and $4,669,826 at March 31, 2025 and December 31, 2024, respectively and a working capital deficit of $1,355,128
and $2,206,318 at March 31, 2025 and December 31, 2024, respectively. The report of our independent registered public accounting firm
on our financial statements for the year ended December 31, 2024 contained an explanatory paragraph regarding our ability to continue
as a going concern based upon cash used in operating activities and the current cash balance cannot be projected to cover the operating
expenses for the next twelve months from the release date of this report. These factors, among others, raised substantial doubt about
our ability to continue as a going concern. Our financial statements appearing elsewhere in this report do not include any adjustments
that might result from the outcome of this uncertainty. There are no assurances we will be successful in our efforts to generate significant
revenues or report profitable operations or to continue as a going concern, in which event investors would lose their entire investment
in our company.

Our ability to continue as
a going concern is dependent upon our ability to carry out our business plan, achieve profitable operations, obtain additional working
capital funds from our significant shareholders, and or through debt and equity financings. However, there can be no assurance that any
additional financings will be available to us on satisfactory terms and conditions, if any.

The accompanying consolidated
financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the