Company: AHRO
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001477932-25-002774
Chunk: 104

Company: Authentic Holdings, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 10
Chunk 104
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Table of Contents

AUTHENTIC HOLDINGS INC.Consolidated Statements of OperationsFor the years ended December 31,         2024  2023        Revenues $398,600  $- Cost of revenues  127,307   - Gross Profit  271,293   -          Operating Expenses        General and administrative  377,267   173,072 Depreciation and Amortization  524,858   300,635 Professional and Legal Fees  90,668   130,345 Research and Development  4,427   56,858 Total Operating Expenses  997,220   660,910          Loss from Operations  (725,927)  (660,910)         Other Income/(Expense)        Income (loss) on change in fair value of derivative liabilities  495,933   (24,567)Derivative expense  -   (239,028)Gain/(Loss) on settlement of notes  (170,813)  (452,472)Gain/(Loss) on settlement of license agreements  -   125,000 Interest expense and financing costs  (271,672)  (318,796)Interest expense - related parties  (22,658)  (25,647)Other Expense  (625,000)  (62,035)Total Other Expense  (594,210)  (997,545)         Net Loss $(1,320,137) $(1,658,455)         Weighted Average common stock outstanding  2,197,138,699   1,847,673,383          Earnings (loss) per share $(0.00) $(0.00)

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

 F-5Table of Contents

AUTHENTIC HOLDINGS INC.Consolidated Statements of Stockholders’ DeficiencyFor the Years Ended December 31, 2024 and 2023                                             Series B  Series C  Series D  Series Z      Common   Additional         Preferred Stock  Preferred Stock  Preferred Stock  Preferred Stock  Common Stock  Stock  Paid in  Accumulated      Shares