Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 312

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 3
Chunk 312
---
 2023 
    Common Stock 
    Preferred Stock 

    Paid in 
    Accumulated 

    Shares 
    Amount 
    Shares 
    Amount 

    Capital 
    Deficit 
    Total
  
    Balance - December 31, 2022 
     52,420,387  
     52,421  
     1,000,000  
     1,000  
     
    -

     1,359,249  
     (3,055,646) 
     (1,642,976)
  
    Common stock issued for services rendered 
     500,000  
     500  

     13,400  
        
     13,900 
  
    Common stock sold to investors 
     760,000  
     760  

     37,240  
        
     38,000 
  
    Exercise warrants to purchase common stock 
     800,000  
     800  

     7,200  
        
     8,000 
  
    Common stock issued to vendor in lieu of payment 
     1,660,131  
     1,660  

     125,340  
        
     127,000 
  
    Net loss 
        
     —  
        
     —  
     
    -

     (477,734) 
     (477,734)
  
    Balances December 31, 2023 
     56,140,518  
    $56,141  
     1,000,000  
     1,000  
     
    -

    $1,542,429  
    $(3,533,380) 
    $(1,933,810)

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

F-6

    SENTIENT BRANDS HOLDINGS INC.
  
    NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
  
    DECEMBER 31, 2024 AND 2023 

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