Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 108

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 1A
Chunk 108
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 business both organically and through acquisition, we continue to plan our working capital and the proceeds of any financing
to finance such acquisition costs.

Liquidity is the ability
of a company to generate funds to support its current and future operations, satisfy its obligations and otherwise operate on an ongoing
basis. At December 31, 2024 and 2023, we had cash balance of approximately $3,432 and $1,299, respectively. These funds are kept in financial
institutions located in United States.

Cash flows from Operating Activities

Operating activities used $323,367 in cash the year
ended December 31, 2024, as compared with $68,544 for the year ended December 31, 2023. Our net loss of $1,136,446 is the main component
of our negative operating cash flow in 2024. This was offset for non-cash expenses that were paid with the Company’s common stock
totaling $380,750 and a write down of our inventory totaling $150,000. In addition our prepaid expenses decreased by $8,453 and accounts
payable increased by $149,000. For the year ended December 31, 2023, our net loss of $477,734 is the main component of our negative operating
cash flow. This was offset for non-cash expenses that were paid with the Company’s common stock totaling $140,900. In addition,
our inventory decreased by $24,539 and accounts payable increased by $184,849. An increase in prepaid expenses used $8,453 of cash.

Cash flows from Investing Activities

There are no Investing activities in for the year
ended December 31, 2024 or 2023.

Cash flows from Financing Activities

Cash flows provided by financing activities during
the year ended December 31, 2024 amounted to $325,500 as compared with $68,795 for the year ended December 31, 2023. During 2024, we
received net proceeds from short term loans totaling $11,500. We also received $314,000 from the sale of common stock. During 2023, we
received net proceeds from short term loans totaling $22,795. We also increased our stock subscription payable for $85,000. During 2023,
we also received $38,000 from the sale of common stock and $8,000 from the exercise of warrants to purchase common stock.

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We will need to raise