Company: AHRO
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001477932-25-006087
Chunk: 108

Company: Authentic Holdings, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 8
Chunk 108
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 purchase orders in 2022.

With the tariffs of 250% being levied against merchandise imported from China we are taking a wait and see posture until the tariff matters are ameliorated or significantly reduced. In the interim we are speaking with major distributors of vinyl records as well as Big Box and Mass Merchandisers for a brand-new release for Holiday Season 2025 and beyond with most of our offerings of Vinyl being based around theme holidays or seasons such as Valentines Day, Mother’s Day etc. It is our intention to create a vinyl record business beyond any sales of the already created inventory through licensing or the purchasing of music assets. We currently 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 late 2025. 

On June 6th the Company’s Maybacks subsidiary signed an agreement with Plex to integrate its networks into a global distribution model utilizing AVOD (Advertising Video On Demand). Through this agreement, Maybacks will provide premium AVOD content for distribution on Plex's FAST (Free Ad-supported Streaming TV) channels, as well as on-demand streaming.

On June 18th the Company signed an agreement with Swerve TV. The partnership's first event, was a live stream of the legendary "Ring of Combat" promotion from the Tropicana in Atlantic City which exceeded viewership expectations and generated a significant social media buzz, powerfully demonstrating the value of placing premier content on Swerve TV's massive distribution platform. Swerve TV's channels are accessible in 80% of U.S. and Canadian homes and reach an audience of over 5 million combat sports fans. The next live streaming Ring of Combat event ROC 87 event will be held on Friday September 19th 2025 and will be broadcast on both TOROTV.net and SWERVE TV 

Operating Expenses

Operating expenses increased from $206,368 for the three months ended June 30, 2024, to $341,377 for the three months ended June 30, 2025. Operating expenses increased from $451,726 for the six months ended June 30, 2024, to $759,061 for the