Company: SUND
Filing Date: 2025-06-30
Form Type: 10-K
Source: 0001641172-25-017143
Chunk: 189

Company: Sundance Strategies, Inc.
Filing Date: 2025-06-30
Form: 10-K
Item: Item 1B
Chunk 189
---
964,277 

    Net loss 
     -  
     -  
     -  
     (1,834,991) 
     (1,834,991)

    Balance, March 31, 2024 
     42,258,441  
    $42,259  
    $30,914,682  
    $(36,896,866) 
    $(5,939,925)
  
    Balance 
     42,258,441  
    $42,259  
    $30,914,682  
    $(36,896,866) 
    $(5,939,925)

    Common stock and warrants issued for cash 
     805,000  
     805  
     804,195  
     -  
     805,000 

    Warrants issued in connection to extinguishment of debt 
     -  
     -  
     435,199  
     -  
     435,199 

    Net loss 
     -  
     -  
     -  
     (1,603,382) 
     (1,603,382)

    Balance, March 31, 2025 
     43,063,441  
    $43,064  
    $32,154,076  
    $(38,500,248) 
    $(6,303,108)
  
    Balance 
     43,063,441  
    $43,064  
    $32,154,076  
    $(38,500,248) 
    $(6,303,108)

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

F-4

SUNDANCE
STRATEGIES, INC. AND SUBSIDIARY

 Consolidated Statements of Cash Flows

    2025  
    2024 

    Years Ended March 31, 

    2025  
    2024 

    Operating Activities 

    Net Loss 
    $(1,603,382) 
    $(1,834,991)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Loss on extinguishment of debt 
     435,199  
     1,047,729 
  
    Gain on settlement of liabilities