Company: AHRO
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001477932-25-002774
Chunk: 237

Company: Authentic Holdings, Inc.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 13
Chunk 237
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 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. The following table summarizes fair value measurements by level on December 31, 2024, and 2023, measured at fair value on a recurring basis: December 31, 2024 Level 1  Level 2  Level 3  Total Liabilities            Derivative Liabilities $-  $-  $1,137,119  $1,137,119                  December 31, 2023 Level 1  Level 2  Level 3  Total Liabilities                Derivative Liabilities $-  $-  $1,633,052  $1,633,052  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 December 31, 2024, and December 31, 2023, the Company had no amounts above the FDIC limit.

 F-13Table of Contents

New Accounting Pronouncements The Company assesses new accounting standards on an ongoing basis.   In 2023, the FASB issued ASU 2023-07, Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures, which expands the segment reporting disclosures and requires disclosure of segment expenses that are regularly provided to the chief operating decision maker (CODM) and included within each reported measure of segment profit or loss, amounts and description of its composition for other segment items, and interim disclosure of a reportable segment’s profit or loss and assets. Additionally, the amendments require the disclosure of the title and position of the CODM and an explanation of how the CODM uses the reported measure(s) of segment profit or loss in assessing performance and deciding how to allocate resources