Company: SUND
Filing Date: 2025-02-14
Form Type: 10-Q
Source: 0001493152-25-006815
Chunk: 0

Company: Sundance Strategies, Inc.
Filing Date: 2025-02-14
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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SUNDANCE STRATEGIES, INC. AND SUBSIDIARY

Condensed Consolidated Balance Sheets

    December 31,  
    March 31, 

    2024  
    2024 

    (UNAUDITED)  

    ASSETS 

    Current Assets 

    Cash and cash equivalents 
    $259,620  
    $329,860 
  
    Prepaid expenses and other assets 
     13,650  
     9,075 

    Total Current Assets 
     273,270  
     338,935 

    Total Assets 
    $273,270  
    $338,935 

    LIABILITIES AND STOCKHOLDERS’ DEFICIT 

    Current Liabilities 

    Accounts payable 
    $437,360  
    $447,862 
  
    Accrued expenses 
     1,345,301  
     433,201 
  
    Current portion of notes payable 
     300,000  
     300,000 
  
    Current portion of notes payable, related parties 
     1,985,508  
     50,000 
  
    Current portion of notes payable 
     1,985,508  
     50,000 

    Stock repurchase payable 
     400,000  
     400,000 
  
    Total Current Liabilities 
     4,468,169  
     1,631,063 

    Long-Term Liabilities 

    Accrued expenses 
     601,301  
     1,357,739 
  
    Notes payable, related parties, net of current portion 
     1,304,550  
     3,290,058 
  
    Notes payable, related parties, net of current portion 
     1,304,550  
     3,290,058 

     - 

    Total Long-Term Liabilities 
     1,905,851  
     4,647,797 

    Total Liabilities 
     6,374,020  
     6,278,860 

    Stockholders’ Deficit 

    Preferred stock, authorized 10,000,000 shares, par value $0.001; -0- shares issued and
    outstanding 
     -  
     -