Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 449

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 6
Chunk 449
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 our customers. Our expenditures on research and development have historically been
small and immaterial compared to our other business expenditures. We are currently developing new formulations for additional product
lines.

21

Employees

We believe that our success depends upon our ability to attract, develop and
retain key personnel. We currently employ one full-time employee. The Company otherwise currently relies on the services of independent
contractors. None of our employees are covered by collective bargaining agreements, and management considers relations with our employees
to be in good standing. Although we continually seek to add additional talent to our work force, management believes that it currently
has sufficient human capital to operate its business successfully.

Our compensation programs are designed to align the
compensation of our employees with our performance and to provide the proper incentives to attract, retain and motivate employees to achieve
superior results. The structure of our compensation programs balances incentive earnings for both short-term and long-term performance.

The primary mailing address for the Company is 590 Madison Avenue, 21st
Floor, New York, New York 10022. The Company’s telephone number is (646) 202-2897. The Company’s website is www.sentientbrands.com.

Going Concern

We have a limited operating history, and our continued growth is dependent
upon the continuation of selling our products to our customers; hence generating revenues and obtaining additional financing to fund future
obligations and pay liabilities arising from normal business operations. We had an accumulated deficit of $4,669,826 and $3,533,380 at
December 31, 2024 and 2023, respectively and a working capital deficit of $2,291,318 and $1,957,552 at December 31, 2024 and 2023, respectively.
The report of our independent registered public accounting firm on our financial statements for the year ended December 31, 2024 contained
an explanatory paragraph regarding our ability to continue as a going concern based upon cash used in operating activities and the current
cash balance cannot be projected to cover the operating expenses for the next twelve months from the release date of this report. These
factors, among others, raised substantial doubt about our ability to continue as a going concern. Our financial statements appearing elsewhere
in this report do not include any adjustments that might result from the outcome of this uncertainty. There are no assurances we will
be successful in our efforts to generate significant revenues or report profitable operations or to continue as a going concern, in which
event