Company: SUND
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001641172-25-023411
Chunk: 3

Company: Sundance Strategies, Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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(607,994) 
     (607,994)

    Balance, June 30, 2025 
     43,063,441  
    $43,064  
    $32,542,587  
    $(39,108,242) 
    $(6,522,591)
  
    Balance 
     43,063,441  
    $43,064  
    $32,542,587  
    $(39,108,242) 
    $(6,522,591)

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

5

SUNDANCE
STRATEGIES, INC. AND SUBSIDIARY

Consolidated
Statements of Cash Flows

(UNAUDITED)

    2025  
    2024 

    Three Months Ended June 30, 

    2025  
    2024 

    Operating Activities 

    Net Loss 
    $(607,994) 
    $(436,429)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Loss on extinguishment of debt 
     388,511  
     - 
  
    Changes in operating assets and liabilities 

    Prepaid expenses and other assets 
     4,095  
     3,555 
  
    Accounts payable 
     2,103  
     4,742 
  
    Accrued expenses 
     99,903  
     103,531 

    Net Cash used in Operating Activities 
     (113,382) 
     (324,601)

    Financing Activities 

    Proceeds from issuance of notes payable, related party 
     -  
     180,000 

    Net Cash provided by Financing Activities 
     -  
     180,000 

    Net Change in Cash and Cash Equivalents 
     (113,382) 
     (144,601)
  
    Cash and Cash Equivalents at Beginning of Period 
     168,648  
     329,860 

    Cash and Cash Equivalents at End of Period 
    $55,266  
    $185,259 

    Supplemental disclosure of cash flow information: 

    Cash paid for interest 
    $-  
    $- 
  
    Cash paid for income taxes 
    $