Company: AHRO
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001477932-25-006087
Chunk: 85

Company: Authentic Holdings, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 8
Chunk 85
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 determine depreciation, the valuation of non-cash issuances of common stock, stock options, and warrants, and valuing convertible notes for beneficial conversion features, among others. Fair Value FASB ASC 820, Fair Value Measurements and Disclosures (“ASC 820”) establishes a framework for all fair value measurements and expands disclosures related to fair value measurement and developments. ASC 820 defines fair value as the price received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 requires that assets and liabilities measured at fair value are classified and disclosed in one of the following three categories: Level 1—Quoted market prices for identical assets or liabilities in active markets or observable inputs.Level 2—Significant other observable inputs that observable market data can corroborate; andLevel 3—Significant unobservable inputs that observable market data cannot corroborate.

 14Table of Contents

The following table summarizes fair value measurements by level on June 30, 2025 and December 31, 2024, measured at fair value on a recurring basis: June 30, 2025 Level 1  Level 2  Level 3  Total Liabilities            Derivative Liabilities $-  $-  $1,449,801  $1,449,801  December 31, 2024 Level 1  Level 2  Level 3  Total Liabilities            Derivative Liabilities $-  $-  $1,137,119  $1,137,119  The Concentration of Credit Risk The carrying value of short-term financial instruments, including cash, restricted cash, trade accounts receivable, accounts payable, accrued expenses, and short-term debt, approximates the fair value of these instruments. These financial instruments generally expose the Company to limited credit risk and have no stated maturity or have short-term maturities and carry interest rates that approximate the market. The Company maintains cash balances at financial institutions insured by the FDIC. On June 30, 2025, and December 31, 2024, the Company had no amounts above the FDIC limit. New Accounting Pronouncements The Company assesses new accounting standards on an ongoing basis.   In 2023, the FASB issued ASU 2023-07, Segment Reporting (