Company: AHRO
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001477932-25-003767
Chunk: 87

Company: Authentic Holdings, Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 87
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AUTHENTIC HOLDINGS INC.Condensed Consolidated Balance Sheets   March 31,  December 31,   2025  2024 ASSETS  (Unaudited)   CURRENT ASSETS      Cash and cash equivalents $2,744  $5,890 Accounts receivable, net of allowance for doubtful accounts of $15,373 and $0 on March 31, 2025 and December 31, 2024, respectively  142,770   201,628          TOTAL CURRENT ASSETS  145,514   207,518          Intangible assets  4,149,871   4,284,185          TOTAL ASSETS $4,295,385  $4,491,703          LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)        CURRENT LIABILITIES        Bank overdraft $322  $- Accounts payable and accrued liabilities  580,870   518,946 Accrued compensation  676,252   588,751 Unsecured notes and accrued interest payable  166,182   164,935 Convertible notes and accrued interest - net of debt discount  1,643,190   1,513,737 Convertible notes and accrued interest - related party  90,193   89,568 Secured promissory notes and accrued interest  92,061   102,061 Promissory note and accrued interest - related party  525,727   522,374 Derivative liabilities  2,185,135   1,137,119 Advances from related parties  446,583   479,533 Related party loans and accrued interest  283,667   281,825 Self-liquidating promissory notes  134,583   133,333 TOTAL CURRENT LIABILITIES  6,824,765   5,532,182          TOTAL LIABILITIES  6,824,765   5,532,182          STOCKHOLDER'S DEFICIENCY        Preferred stock, Class B, $0.001 par value, 400,000 shares authorized, 400,000 shares issued and outstanding at March 31, 2025 and December 31, 2024, respectively  400