Company: SNBH
Filing Date: 2025-11-19
Form Type: 10-Q
Source: 0001731122-25-001574
Chunk: 12

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-11-19
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 Amendment (the “Amendment”) to
the Company’s Amended Articles of Incorporation with the Secretary of State of Nevada to reflect such recapitalization.

Note
1: 

Basis
of Presentation

Our
financial statements are presented in conformity with accounting principles generally accepted in the United States of America, as reported
on our fiscal years ending on December 31, 2025 and 2024. We have summarized our most significant accounting policies. They do not include
all information and footnotes required for annual financial statements. These statements should be read in conjunction with the Form
10-K for the year ended December 31, 2024.

On
September 10, 2025, the majority stockholder approved a 30:1 reverse stock split, effective approximately October 15, 2025 (20 days after
mailing the DEF 14C). Numbers herein are pre-split.

Asset
Acquisition 

The
Company currently has limited operations. These unaudited consolidated financial statements have been prepared assuming that the Company
will continue as a going concern, which contemplates, among other things, the realization of assets and the satisfaction of liabilities
in the normal course of business.

As
reflected in the accompanying unaudited consolidated financial statements,
the Company had an accumulated deficit of $(5,533,323) at September 30, 2025, and had a net loss of $(863,497) and $(933,749) and net
cash flow generated from operating activities of $1,990,985 and $(190,347) for the nine months ended September 30, 2025, and September
30, 2024 respectively.

The
Company has a limited operating history, and its continued growth is dependent upon the continuation of selling its products; hence generating
revenues and obtaining additional financing to fund future obligations and pay liabilities arising from normal business operations. These
matters raise substantial doubt about the Company’s ability to continue as a going concern. The ability of the Company to continue
as a going concern is dependent on the Company’s ability to raise additional capital, implement its business plan, and generate
significant revenues. There are no assurances that the Company will be successful in its efforts to generate significant revenues, maintain
sufficient cash balance or report profitable operations or to continue as a going concern. The Company plans on raising capital through
the sale of equity or debt instruments to implement its business plan. However, there is no assurance these plans will be realized