Company: SNBH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001731122-25-000760
Chunk: 0

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 0
---
SENTIENT BRANDS HOLDINGS INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

March 31, 2025
 
December 31, 2024

Unaudited
 
Audited

ASSETS

CURRENT ASSETS

Cash
 
$
1,839

$
3,432

Prepaid expenses

4,950

—

Inventory

—

—

TOTAL CURRENT ASSETS

6,789

3,432

FIXED ASSETS (net of Depreciation)

18,895

19,864

TOTAL ASSETS
 
$
25,684

$
23,296

LIABILITIES AND STOCKHOLDERS’ DEFICIENCY

CURRENT LIABILITIES

Accounts payable and accrued expenses
 
$
646,128

$
856,012

Notes payable

—

544,691

Convertible Notes Payable

715,789

809,047

TOTAL CURRENT LIABILITIES

1,361,917

2,209,750

TOTAL LIABILITIES
 
$
1,361,917

$
2,209,750

STOCKHOLDERS’ DEFICIENCY

Preferred Stock – Par Value of $0.001; 25,000,000 shares authorized; 0 and1,000,000 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively

—

1,000

Common Stock - Par Value of $0.001; 500,000,000 shares authorized; 114,087,129 and 70,920,517 shares issued and outstanding as of March 31, 2025 and December 31, 2024

114,087

70,921

Common stock to be issued

82,861

153,054

Additional paid-in capital

3,627,942

2,258,397

Accumulated deficit

(5,161,123
)

(4,669,826
)

TOTAL STOCKHOLDERS’ DEFICIENCY

(1,336,233
)

(2,186,454
)

TOTAL LIABILITIES & STOCKHOLDERS’ DEFICIENCY
 
$
25,684

$
23,296

The accompanying notes are an integral part of these
unaudited consolidated financial statements.

1

SENTIENT BRANDS HOLDINGS INC. AND SUBSIDIARIES

UNAUDITED STATEMENTS OF OPERATIONS

For the three months ended March 31,

2025
 
202