Company: AHRO
Filing Date: 2025-08-19
Form Type: 10-Q
Source: 0001477932-25-006087
Chunk: 19

Company: Authentic Holdings, Inc.
Filing Date: 2025-08-19
Form: 10-Q
Item: Part I, Item 1
Chunk 19
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AUTHENTIC HOLDINGS INC.Condensed Consolidated Balance Sheets   June 30,  December 31,   2025  2024   (Unaudited)    ASSETS      CURRENT ASSETS      Cash and cash equivalents $2,726  $5,890 Accounts receivable, net of allowance for doubtful accounts of $11,480 and $0 on June 30, 2025 and December 31, 2024, respectively  94,201   201,628 TOTAL CURRENT ASSETS  96,927   207,518          Intangible assets  10,811,698   4,284,185          TOTAL ASSETS $10,908,625  $4,491,703          LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIENCY)        CURRENT LIABILITIES        Bank overdraft $240  $- Accounts payable and accrued liabilities  641,333   518,946 Accrued compensation  763,753   588,751 Unsecured notes and accrued interest payable  165,428   164,935 Convertible notes and accrued interest - net of debt discount  1,734,295   1,513,737 Convertible notes and accrued interest - related party  90,818   89,568 Secured Promissory Notes and Accrued Interest  89,040   102,061 Promissory note and accrued interest - related party  529,081   522,374 Derivative liabilities  1,449,801   1,137,119 Advances from related parties  443,335   479,533 Related party loans and accrued interest  285,509   281,825 Self Liquidating Promissory Notes  135,833   133,333 TOTAL CURRENT LIABILITIES  6,328,466   5,532,182          TOTAL LIABILITIES  6,328,466   5,532,182          STOCKHOLDER'S EQUITY (DEFICIENCY)        Preferred stock, Class B, $0.001 par value, 1,000,000 shares and authorized, 400,000 shares issued and outstanding at June 30, 2025 and December 31