Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 536

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 7
Chunk 536
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AND SUBSIDIARIES
  
    CONSOLIDATED STATEMENTS OF CASH FLOWS 

    For the year ended

    December 31,

    2024 
    2023
  
    OPERATING ACTIVITIES: 

    Net loss 
    $(1,136,446) 
    $(477,734)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Depreciation expense 
     3,878  
     3,878 
  
    Inventory write down to net realizable value 
     150,000  
     63,477 
  
    Stock issued for services rendered 
     380,750  
     13,900 
  
    Stock issued for payment to vendor 
     35,998  
     127,000 
  
    Changes in operating assets and liabilities: 

    Inventory 
     —  
     24,539 
  
    Prepaid expenses 
     8,453 
     (8,453)
  
    Accounts payable and accrued expenses 
     149,000  
     184,849 
  
    NET CASH USED IN OPERATING ACTIVITIES 
     (408,367) 
     (68,544)
  
    INVESTMENT ACTIVITIES: 

    Purchase of office equipment 
     —  
     — 
  
    NET CASH USED IN INVESTMENT ACTIVITIES 
     —  
     — 
  
    FINANCING ACTIVITIES: 

    Proceeds (Payment) of loan payable 
     —  
     — 
  
    Proceeds from short term loan 
     11,500  
     22,795 
  
    Net proceeds from issuance of common stock 
     314,000  
     38,000 
  
    Stock subscription 
      85,000  
     — 
  
    Proceeds from exercise of wants to purchase common stock 
     —  
     8,000 
  
    NET CASH PROVIDED BY FINANCING ACTIVITIES 
     410,500  
     68,795 
  
    INCREASE (DECREASE) IN CASH 
     2,133  
     251 
  
    CASH-BEGINNING OF PERIOD 
     1,299  
     1,048 
  
    CASH-END OF