Company: SNBH
Filing Date: 2025-04-16
Form Type: 10-K
Source: 0001731122-25-000581
Chunk: 841

Company: SENTIENT BRANDS HOLDINGS INC.
Filing Date: 2025-04-16
Form: 10-K
Item: Item 11
Chunk 841
---
 881,648  
     250,959 

    LOSS FROM OPERATIONS 
     (881,648) 
     (250,859)

    Other Income (Expenses) 

    Interest expense 
     (254,798) 
     (226,875)
  
    Discount amortization 
     —  
     — 
  
    Other income 
     —  
     — 

    NET LOSS 
    $(1,136,446) 
    $(477,734)

    NET LOSS PER COMMON SHARE – BASIC AND DILUTED 
    $(0.018) 
    $(0.009)

    WEIGHTED AVERAGE NUMBER OF SHARES OUTSTANDING 
     62,697,594  
     54,805,831 

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

F-4

    SENTIENT BRANDS HOLDINGS INC. 
AND SUBSIDIARIES
  
    CONSOLIDATED STATEMENTS OF CASH FLOWS 

    For the year ended

    December 31,

    2024 
    2023
  
    OPERATING ACTIVITIES: 

    Net loss 
    $(1,136,446) 
    $(477,734)
  
    Adjustments to reconcile net loss to net cash used in operating activities: 

    Depreciation expense 
     3,878  
     3,878 
  
    Inventory write down to net realizable value 
     150,000  
     63,477 
  
    Stock issued for services rendered 
     380,750  
     13,900 
  
    Stock issued for payment to vendor 
     35,998  
     127,000 
  
    Changes in operating assets and liabilities: 

    Inventory 
     —  
     24,539 
  
    Prepaid expenses 
     8,453 
     (8,453)
  
    Accounts payable and accrued expenses 
     149,000  
     184,849 
  
    NET CASH USED IN OPERATING ACTIVITIES 
     (408,367) 
     (68,544)
  
    INVESTMENT ACTIVITIES: 

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