Company: SNBH
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001731122-25-001154
Chunk: 33

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 33
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 fees.

21 

Interest Expense

Interest Expense is related to our convertible and
    other notes payable. During the three months ended June 30, 2025, interest expense totaled $39,368 compared to $63,985 for the same period
    in 2024. The decrease in 2025 is a result of the several conversions of debt into equity during the first quarter of 2025.

Income Taxes

We did not have any income
taxes expense for the three months ended June 30, 2025 and 2024.

Net Loss

Our net loss for the three months period ended June 30, 2025 and 2024 was
$396,136 and $225,154, respectively.

Comparison of Results of Operations for the six
months ended June 30, 2025 and 2024

Revenue

We generated revenue of
110,600 during the six months ended June 30, 2025. The revenue was generated through our new subsidiary AIG F&B which we
acquired in April 2025 and began operations in May 2025. The revenue consisted of shipments of bottled water to independent but
related parties. We did not generate any revenue during the six months ending June 30, 2024.

Gross Margin

We had a negative gross margin
of $4,512 for the six months ended June 30, 2025 due to shipping and other start up costs. There was no gross margin for the six months
ended June 30, 2024.

Operating Expenses

For the six months ended
June 30, 2025 and 2024, operating expenses consisted of the following:

2025
 
2024

General and Administrative

33,201

23,960

Legal and Professional

459,501

368,878

Management Fees

353,105

121,100

TOTAL OPERATING EXPENSES

845,807

513,938

    ● 
    General and administrative fees totaled $33,201 for the six months ended June 30, 2025 representing a decrease of $9,241 compared to the total of $23,960 for the six months ended June 30, 2024. The increase is attributable to costs associated with the closing of the acquisition of AIG F&B in April and getting the new operation running. The current fees relate to office expenses, bank fees, fees associated with public company expenses and some travel costs.

    ●