Company: SNBH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001731122-25-000760
Chunk: 4

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 4
---
 flow information: 

    Cash paid during the year for: 

    Interest 
    $—  
    $— 
  
    Taxes 
    $—  
    $— 

    Supplemental disclosures of cash flow information: 

    Issuance of previously purchased common stock 
    $50,000  
    $— 
  
    Stock issued for previously converted debt and interest 
    $68,054  
    $— 
  
    Stock issued for accounts payable 
    $85,000  
    $— 
  
    Stock issued for converted debt and interest 
    $813,297  
    $— 
  
    Conversion of debt and interest into stock not yet issued 
    $41,861  
    $— 
  
    Return expired preferred shares to treasury 
    $1,000  
    $— 

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

4

SENTIENT BRANDS HOLDINGS INC. AND SUBSIDIARIES

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS

March 31, 2025

NOTE 1. ORGANIZATION AND NATURE OF OPERATIONS

Business description

The financial statements presented are those of Sentient
Brands Holdings Inc. (the “Company”). The Company was incorporated under the laws of the State of California on March 22,
2004, and, until October 2016, the Company was in the business of media advertising and acquiring high-end computer and networking equipment
from resellers and end-users and then reselling this equipment at discounted prices. The Company is currently in the business of product
development and brand management with a focus on building innovative brands in the Luxury and Premium Market space. The Company has a
Direct-to Consumer business model focusing on wellness and beauty for conscious consumers. The Company incorporates an omnichannel approach
in its marketing strategies to ensure that its products are accessible across both digital and retail channels. The Company develops Lifestyle
Brands with carefully thought-out ingredients, packaging, fragrance and design. The Company’s leadership team has extensive experience
in building world-class brands such as Hugo Boss, Victoria’s Secret, Versace, and Bath & Body Works. The Company is focused
on two key market segments targeting: wellness and responsible luxury, which the Company believes represent unique opportunities for its
Oeuvre product line. The Company intends to leverage its in-house innovation capabilities to launch new products that “