Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 307

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 3
Chunk 307
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the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures
that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the
consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made
by management, as well as evaluating the overall presentation of the consolidated financial statements. We believe that our audits provide
a reasonable basis for our opinion.

F-1

Critical Audit Matters

Critical audit matters are matters arising from the
current period audit of the consolidated financial statements that were communicated or required to be communicated to the audit committee
and that: (1) relate to accounts or disclosures that are material to the consolidated financial statements and (2) involved our especially
challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

Emphasis of Matters

As discussed in Note 4, Inventories, to the consolidated
financial statements, the Company has written down the entire value of Inventory of $150,000 during the year ended December 31, 2024.
Our opinion is not modified in respect of this matter.

As discussed in Note 8, Commitments and Contingencies,
to the consolidated financial statements, the Company is currently involved in a wage dispute with a former contractor dating back to
the third quarter of 2020. Neither party has initiated legal action at this time. The former contractor’s claims is $184,000 and
the Company has reserved for the contingency in the amount of $54,000. Our opinion is not modified in respect of this matter.

We have served as the Company’s auditor
    since 2023.

     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 
     —