Company: SNBH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001731122-25-000760
Chunk: 30

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 30
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 financial institutions located in United States.

As of March 31, 2025, we had total current assets of $6,789, consisting of
$1,839 in cash and prepaid expenses of $4,950. Our total current liabilities as of March 31, 2025 were $1,361,917 We had a working capital
deficit of $1,355,128 as of March 31, 2025.

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Our ability to continue as
a going concern is dependent upon our ability to carry out our business plan, achieve profitable operations, obtain additional working
capital funds from our significant shareholders, and or through debt and equity financings. However, there can be no assurance that any
additional financings will be available to us on satisfactory terms and conditions, if any.

The accompanying consolidated
financial statements do not include any adjustments related to the recoverability or classification of asset-carrying amounts or the amounts
and classification of liabilities that may result should the Company be unable to continue as a going concern.

Cash Flows from Operating Activities

Operating activities used $7,593 in cash for the three
months ended March 31, 2025, compared with cash used of $112,606 for the three months ended March 31, 2023. Our negative operating cash
flow for the three months ended March 31, 2024, was largely the result of our net loss of $491,297 offset by non cash expense for consulting
services of $395,360. Our payables for the quarter increased by $92,325. Operating activities used $112,606 in cash for the three months
ended March 31, 2024, compared with cash used of $10,264 for the three months ended March 31, 2023. Our negative operating cash flow for
the three months ended March 31, 2024, was largely the result of our net loss of $416,754 offset by non cash expense for consulting services
of $258,000. Our payables for the quarter increased by $52,066.

Cash Flows from Financing Activities

There were no cash flow from investment activities
for the three months ended March 31, 2025 and 2024.

Cash Flows from Financing Activities

Net cash flows provided by financing activities during
the three months ended March 31, 2025, amounted to $6,000 compared with cash flows provided by financing activities of $179,000 for the