Company: SUND
Filing Date: 2025-11-13
Form Type: 10-Q
Source: 0001493152-25-022380
Chunk: 3

Company: Sundance Strategies, Inc.
Filing Date: 2025-11-13
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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 of these condensed consolidated financial statements.

5

SUNDANCE
STRATEGIES, INC. AND SUBSIDIARY

Consolidated
Statements of Cash Flows

(UNAUDITED)

    2025  
    2024 

    Six Months Ended September 30, 

    2025  
    2024 

    Operating Activities 

    Net Loss 
    $(798,614) 
    $(704,832)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Loss on extinguishment of debt 
     388,511  
     - 
  
    Prepaid expenses and other assets 
     (8,010) 
     (8,489)
  
    Accounts payable 
     11,467  
     (174)
  
    Accrued expenses 
     213,482  
     57,110 

    Net Cash used in Operating Activities 
     (193,164) 
     (656,385)

    Financing Activities 

    Proceeds from issuance of common stock and warrants 
     -  
     805,000 
  
    Repayment of notes payable, related party 
     -  
     (50,000)
  
    Proceeds from issuance of notes payable 
     25,000  
     - 

    Net Cash provided by Financing Activities 
     25,000  
     755,000 

    Net Change in Cash and Cash Equivalents 
     (168,164) 
     98,615 
  
    Cash and Cash Equivalents at Beginning of Period 
     168,648  
     329,860 

    Cash and Cash Equivalents at End of Period 
    $484  
    $428,475 

    Supplemental disclosure of cash flow information: 

    Cash paid for interest 
    $-  
    $150,000 
  
    Cash paid for income taxes 
    $-  
    $- 

    Non Cash Financing & Investing Activities, and Other Disclosures 

    Warrants issued in connection to extinguishment of debt 
    $388,511  
    $- 

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

6

SUNDANCE
STRATEGIES, INC. AND SUBSIDIARY

NOTES
TO CON