Company: AHRO
Filing Date: 2025-11-25
Form Type: 10-Q
Source: 0001477932-25-008590
Chunk: 68

Company: Authentic Holdings, Inc.
Filing Date: 2025-11-25
Form: 10-Q
Item: Part I, Item 2
Chunk 68
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 hold an exclusive license on 17,000 Master Recording with Maestro Entertainment. We are currently in the process of expanding the license with them to include streaming and music NFTs. 

The Company has recently signed a “Revenue Sharing Agreement” with LIME X a very large global distributor of content. They will be marketing our iDreamCTV app to their 100,000,000 plus download audience. We expect the launch of this platform in May of 2025. 

Operating Expenses

Operating expenses decreased from $222,366 for the three months ended September 30, 2024, to $173,954 for the three months ended September 30, 2025. Operating expenses increased from $674.092 for the nine months ended September 30, 2024, to $933,015 for the nine months ended September 30, 2025.

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Overall, this increase resulted primarily from the amortization of license agreements we entered with Goliath, and to a lesser extent from our efforts to acquire Maybacks and the assets of Goliath, and to build out our organization to establish a strong base for current and future growth. The detail of expenditures by major category is reflected in the table below. 

  Three Months Ended September 30,  Nine Months Ended September 30, Operating Expenses 2025  2024  2025  2024 General and administrative $162,704  $70,136  $657,939  $194,260 Depreciation and Amortization  2,131   126,019   191,568   398,810 Professional and Legal Fees  9,119   26,211   61,758   80,005 Research and Development  -   -   21,750   1,017 Total Operating Expenses $173,954  $222,366  $933,015  $674,092 

Operating expenses decreased in the amount of $48,412 for the three months ended September 30, 2025, compared to the three months ended September 30, 2024. 

General and administrative expenses increased by $92,568 for the three months ended September 30, 2025, compared to the three months ended September 30, 2024. The increase resulted primarily from increased royalty of $3,439