Company: SNBH
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001731122-25-000760
Chunk: 3

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---

$
(3,950,134
)
 
$
(2,092,564
)

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

3

SENTIENT BRANDS HOLDINGS INC. AND SUBSIDIARIES

UNAUDITED CONSOLIDATED STATEMENTS OF CASH FLOWS

    For the three months ended

    March 31,

    2025 
    2024
  
    OPERATING ACTIVITIES: 

    Net loss 
    $(491,297) 
    $(416,754)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Depreciation Expenses 
     969  
     969 
  
    Common stock issued in payment of past services 
     —  
     — 
  
    Common stock issued for services 
     395,360  
     258,000 
  
    Changes in operating assets and liabilities: 

    Inventory 
     —  
     — 
  
    Prepaid expenses 
     (4,950) 
     (6,887)
  
    Accounts payable and accrued expenses 
     92,325  
     52,066 
  
    NET CASH USED IN OPERATING ACTIVITIES 
     (7,593) 
     (112,606)
  
    INVESTMENT ACTIVITIES: 

    Purchase of office equipment 
     —  
     — 
  
    NET CASH USED IN INVESTMENT ACTIVITIES 
     —  
     — 
  
    FINANCING ACTIVITIES: 

    Proceeds from sale of stock 
     6,000  
     — 
  
    Proceeds from short term loan 
     —  
     — 
  
    Net proceeds from sale of common stock not yet issued 
     —  
     179,000 
  
    NET CASH PROVIDED BY FINANCING ACTIVITIES 
     6,000  
     179,000 
  
    INCREASE (DECREASE) IN CASH 
     (1,593) 
     66,394 

    CASH-BEGINNING OF PERIOD 
     3,432  
     1,299 
  
    CASH-END OF PERIOD 
    $1,839  
    $67,693 
  
    Supplemental disclosures of cash