Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 192

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 1B
Chunk 192
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     VICTOR MOKUOLU CPA
    PLLC

    Houston, Texas

    April 15, 2025
    PCAOB ID: 6771

F-2

    SENTIENT BRANDS HOLDINGS INC. 
AND SUBSIDIARIES
  
    CONSOLIDATED BALANCE SHEETS 

    December 31, 2024 
    December 31, 2023
  
    ASSETS 

    CURRENT ASSETS 

    Cash 
    $3,432  
    $1,299 
  
    Prepaid expenses 
     —  
     8,453 
  
    Inventory, net of reserve to net realizable value of $213,477 and $63,477, respectively 
     —  
     150,000 
  
    TOTAL NET CURRENT ASSETS 
     3,432  
     159,752 
  
    FIXED ASSETS (net of Depreciation) 
     19,864  
     23,742 
  
    TOTAL ASSETS 
    $23,296  
    $183,494 
  
    LIABILITIES AND STOCKHOLDERS’ DEFICIT 

    CURRENT LIABILITIES 

    Accounts payable and accrued expenses 
    $856,012  
    $725,066 
  
    Notes payable 
     544,691  
     533,191 
  
    Convertible Notes Payable 
     809,047  
     859,047 
  
    TOTAL CURRENT LIABILITIES 
     2,209,750  
     2,117,304 
  
    TOTAL LIABILITIES 
     2,209,750  
     2,117,304 
  
    STOCKHOLDERS’ DEFICIT 

    Preferred Stock – Par Value of $0.001; 25,000,000 shares authorized; 1,000,000 shares issued and outstanding as of December 31, 2024 and 2023 
     1,000  
     1,000 
  
    Common Stock - Par Value of $0.001; 500,000,000 shares authorized; 70,920,517 and 56,140,518 shares issued and outstanding as of December 31, 2024 and 2023, respectively 
     70,921  
     56,141 
  
    Common Stock to be issued