Company: AHRO
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001477932-25-002774
Chunk: 986

Company: Authentic Holdings, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 9A
Chunk 986
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 and 0 shares issued and outstanding at December 31, 2024 and December 31, 2023  6   - Common stock $0.001 par value, 2,500,000,000 shares authorized,  2,262,255,848  and 2,024,420,237 shares issued  and outstanding at December 31, 2024 and December 31, 2023  2,262,256   2,024,420 Common stock issuable  52,200   16,500 Additional paid-in capital  36,003,364   35,791,910 Accumulated deficit  (39,358,905)  (38,038,768)TOTAL STOCKHOLDERS' DEFICIENCY  (1,040,479)  (205,538)         TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIENCY $4,491,703  $5,418,043 

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

 F-4Table of Contents

AUTHENTIC HOLDINGS INC.Consolidated Statements of OperationsFor the years ended December 31,         2024  2023        Revenues $398,600  $- Cost of revenues  127,307   - Gross Profit  271,293   -          Operating Expenses        General and administrative  377,267   173,072 Depreciation and Amortization  524,858   300,635 Professional and Legal Fees  90,668   130,345 Research and Development  4,427   56,858 Total Operating Expenses  997,220   660,910          Loss from Operations  (725,927)  (660,910)         Other Income/(Expense)        Income (loss) on change in fair value of derivative liabilities  495,933   (24,567)Derivative expense  -   (239,028)Gain/(Loss) on settlement of notes  (170,813)  (452,472)Gain/(Loss) on settlement of license agreements  -   125,000 Interest expense and financing costs  (271,672)  (318,796)Interest expense -