Company: GEDC
Filing Date: 2025-04-02
Form Type: 10-K
Source: 0001641172-25-002190
Chunk: 23

Company: CalEthos, Inc.
Filing Date: 2025-04-02
Form: 10-K
Item: Item 1
Chunk 23
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 stock, preferred stock and/or debt securities. We are currently in discussions with several potential
funding sources. However, there can be no assurance we will be able to successfully raise additional funds when required, if at all.

The
failure to obtain this necessary capital when needed on acceptable terms, or at all, could force us to delay, limit, reduce or terminate
our development plans, any commercialization efforts or other operations. We may not be able to secure financing on favorable terms,
or at all, to meet our future capital needs. In addition, even if we are able to obtain sufficient funding to commence our business operations,
we may need to pursue additional financing in the future to make expenditures and/or investments to support the growth of our business
and may require additional capital to pursue our business objectives and respond to new competitive pressures, pay extraordinary expenses
or fund our growth, including through acquisitions. Additional funds, however, may not be available when we need them on terms that are
acceptable to us, or at all. If we are unable to obtain adequate financing or financing on terms satisfactory to us when we require it,
our ability to commence our proposed business operations, to continue to grow and support our business and to respond to business challenges
could be significantly limited.

    Item
    7A. 
    Quantitative
    and Qualitative Disclosures About Market Risk.

As
a “smaller reporting company” as defined by Item 10 of Regulation S-K, we are not required to provide this information.

    Item
    8. 
    Financial
    Statements and Supplementary Data.

Our
financial statements and notes thereto and the reports of RBSM LLP, our independent registered public accounting firm, are set forth
on pages F-1 through F-22 of this Report.

    Item
    9. 
    Changes
    In and Disagreements With Accountants On Accounting and Financial Disclosure.

Not
Applicable

    Item
    9A. 
    Controls
    and Procedures.

Disclosure
Controls and Procedures

As
required by paragraph (b) of Rules 13a-15 or 15d-15 under the Exchange Act, our principal executive officer and principal financial officer
evaluated our company’s disclosure controls and procedures (as defined in Rules 13a-15(e) and 15d-15(e) of the Exchange Act) as
of the end of the period covered by this Annual Report on Form 10-K. Based on this evaluation