# EDGAR Filing Document

**Accession Number:** 0001753681
**File Stem:** 0001477932-25-008346
**Filing Date:** 2025-11
**Character Count:** 91432
**Document Hash:** ef40a75feafe7ad3b012b9f0cd6ef4aa
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001477932-25-008346.hdr.sgml**: 20251114

**ACCESSION NUMBER**: 0001477932-25-008346

**CONFORMED SUBMISSION TYPE**: 10-Q

**PUBLIC DOCUMENT COUNT**: 54

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251114

**DATE AS OF CHANGE**: 20251114

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Elite Performance Holding Corp
- **CENTRAL INDEX KEY:** 0001753681
- **STANDARD INDUSTRIAL CLASSIFICATION:** BEVERAGES [2080]
- **ORGANIZATION NAME:** 04 Manufacturing
- **EIN:** 825034226
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-Q
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-56063
- **FILM NUMBER:** 251488357

**BUSINESS ADDRESS:**
- **STREET 1:** 3301 NE 1ST AVE.
- **STREET 2:** SUITE M704
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33137
- **BUSINESS PHONE:** 844-426-2958

**MAIL ADDRESS:**
- **STREET 1:** 3301 NE 1ST AVE.
- **STREET 2:** SUITE M704
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33137

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Elite performance holding corp
- **DATE OF NAME CHANGE:** 20180920

?xml version='1.0' encoding='ASCII'? elite_10q.htm

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 20549**

**FORM 10-Q**

(Mark One)

☒ QUARTERLY REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended: **September 30, 2025**

☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE EXCHANGE ACT

For the transition period from __________ to ___________

Commission file number: **000-55987**

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| |
|:---|
| **Elite Performance Holding Corp.** |
| (Exact name of registrant as specified in its charter) |

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| | |
|:---|:---|
| **Nevada** | **82-5034226** |
| (State or other jurisdiction of<br>incorporation or organization) | (I.R.S. Employer<br>Identification No.) |
| **3301 NE 1st Ave Suite M704**<br>**Miami, FL** | **33137** |
| (Address of principal executive offices) | (Zip Code) |

---

**<u>(844) 426-2958</u>**

Registrant's telephone number, including area code

__________________________________________

(Former Address and phone of principal executive offices)

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the past 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to the filing requirements for the past 90 days. Yes ☐&nbsp;&nbsp;&nbsp;&nbsp; No ☒

Indicate by check mark whether the registrant has submitted electronically, every Interactive Data File required to be submitted pursuant to Rule 405 for Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☐&nbsp;&nbsp;&nbsp;&nbsp; No ☒

Indicate by check mark whether the registrant is a large accelerated file, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of "large accelerated filer," "accelerated filer" and "smaller reporting company" in Rule 12b-2 of the Exchange Act.

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| | | | |
|:---|:---|:---|:---|
| Large accelerated filer | ☐ | Accelerated filer | ☐ |
| Non-accelerated filer | ☒ | Smaller reporting company | ☒ |
|  |  | Emerging growth company | ☒ |

---

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided to Section 7(a)(2)(B) of the Securities Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐&nbsp;&nbsp;&nbsp;&nbsp; No ☒

Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date.

As of November 14, 2025, there were 12,429,646 shares of the registrant's common stock, $0.0001 par value, issued and outstanding.

**FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA.**

**C O N T E N T S**

**Elite Performance Holding Corp.**

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| | |
|:---|:---|
| [Consolidated Balance Sheets as of September 30, 2025 (unaudited) and December 31, 2024](#bs) | 3 |
| [Consolidated Statements of Operations for the three and nine months ended September 30, 2025 and 2024 (unaudited)](#so) | 4 |
| [Consolidated Statements of Stockholders Deficit for the three and nine months ended September 30, 2025 and 2024 (unaudited)](#sse) | 5 |
| [Consolidated Statements of Cash Flows for the three and nine months ended September 30, 2025 and 2024 (unaudited)](#cs) | 6 |
| [Notes to the Consolidated Financial Statements](#note) | 7 |

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|:---|
| 2 |
| *[**Table of Contents**](#toc1)* |

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| | | |
|:---|:---|:---|
| **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** |
| **Consolidated Balance Sheets** | **Consolidated Balance Sheets** | **Consolidated Balance Sheets** |
|  | **September 30,** | **December 31,** |
|  | **2025** | **2024** |
|  | **(Unaudited)** |  |
| ASSETS | ASSETS | ASSETS |
| CURRENT ASSETS |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Cash | $- | $- |
| &nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses | 14075 | 14069 |
| Total Current Assets | 14075 | 14069 |
| &nbsp;&nbsp;&nbsp;&nbsp;Property and equipment, net | 21683 | 27515 |
| &nbsp;&nbsp;&nbsp;&nbsp;Right of use asset | 60495 | 78075 |
| TOTAL ASSETS | $96253 | $119659 |
| LIABILITIES AND STOCKHOLDERS' DEFICIT | LIABILITIES AND STOCKHOLDERS' DEFICIT | LIABILITIES AND STOCKHOLDERS' DEFICIT |
| CURRENT LIABILITIES |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | $853045 | $835695 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accounts payable and accrued expenses related party | 130209 | 268140 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses | 482714 | 309573 |
| &nbsp;&nbsp;&nbsp;&nbsp;Lease liability - current | 22284 | 22110 |
| &nbsp;&nbsp;&nbsp;&nbsp;Advances | 21000 | 11000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Convertible notes payable, net | 1621692 | 1272216 |
| Total Current Liabilities | 3130944 | 2718734 |
| Longterm Liabilities |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Lease liability - long-term | 45526 | 60364 |
| &nbsp;&nbsp;&nbsp;&nbsp;PPP Loan | 95485 | 95485 |
| Total Long-Term Liabilities | 141011 | 155849 |
| Total Liabilities | 3271955 | 2874583 |
| Commitments and Contingencies | - | - |
| STOCKHOLDERS' DEFICIT |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Preferred stock; $0.0001 par value, 35,000,000 shares authorized, 10,000,000 shares issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 1000 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Common stock; $0.0001 par value, 465,000,000 shares authorized, 12,429,646 and 12,063,884 issued and outstanding as of September 30, 2025 and December 31, 2024, respectively | 12612 | 12064 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares to be issued | 476000 | 722481 |
| &nbsp;&nbsp;&nbsp;&nbsp;Additional paid-in capital | 8467571 | 7693305 |
| &nbsp;&nbsp;&nbsp;&nbsp;Accumulated deficit | (12132885) | (11183774) |
| Total Stockholders' Deficit | (3175702) | (2754924) |
| TOTAL LIABILITIES AND STOCKHOLDERS' DEFICIT | $96253 | $119659 |

---

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

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|:---|
| 3 |
| *[**Table of Contents**](#toc1)* |

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| | | | | |
|:---|:---|:---|:---|:---|
| **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** |
| **Consolidated Statements of Operations** | **Consolidated Statements of Operations** | **Consolidated Statements of Operations** | **Consolidated Statements of Operations** | **Consolidated Statements of Operations** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  | **Three months ended**<br>**September 30,** | **Three months ended**<br>**September 30,** | **Nine months ended**<br>**September 30,** | **Nine months ended**<br>**September 30,** |
|  | **2025** | **2024** | **2025** | **2024** |
| REVENUES | $- | $- | $- | $681 |
| COST OF GOODS SOLD | 653 | - | 1304 | 5560 |
| GROSS LOSS | (653) |  | (1304) | (4879) |
| OPERATING EXPENSES |  |  |  |  |
| Legal and accounting | 100958 | 99029 | 310542 | 210530 |
| Advertising | 1131 | 11982 | 6527 | 20479 |
| Consulting | 170591 | 63156 | 316138 | 357573 |
| General and administrative | 58062 | 100783 | 208248 | 323493 |
| Total Operating Expenses | 330742 | 274950 | 841455 | 912075 |
| OPERATING LOSS | (331395) | (274950) | (842759) | (916954) |
| OTHER INCOME (EXPENSE) |  |  |  |  |
| Other income | 116000 | 2700 | 116000 | 4945 |
| Interest expense | (89724) | (86072) | (222352) | (177944) |
| Total Other Income (Expense) | 26276 | (83372) | (106352) | (172999) |
| NET LOSS | $(305119) | $(358322) | $(949111) | $(1089953) |
| BASIC AND DILUTED NET LOSS PER COMMON SHARE | $(0.02) | $(0.03) | $(0.08) | $(0.10) |
| BASIC AND DILUTED WEIGHTED AVERAGE NUMBER OF COMMON SHARES OUTSTANDING | 12432613 | 10911008 | 12489364 | 11311644 |

---

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

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|:---|
| 4 |
| *[**Table of Contents**](#toc1)* |

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| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** |
| **Consolidated Statements of Stockholders' Deficit** | **Consolidated Statements of Stockholders' Deficit** | **Consolidated Statements of Stockholders' Deficit** | **Consolidated Statements of Stockholders' Deficit** | **Consolidated Statements of Stockholders' Deficit** | **Consolidated Statements of Stockholders' Deficit** | **Consolidated Statements of Stockholders' Deficit** | **Consolidated Statements of Stockholders' Deficit** | **Consolidated Statements of Stockholders' Deficit** |
| **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** | **September 30, 2025** |
| **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** | **(Unaudited)** |
|  |  |  |  |  | **Shares** | **Additional** |  | **Total** |
|  | **Common Stock** | **Common Stock** | **Preferred Stock** | **Preferred Stock** | **to be** | **Paid-in** | **Accumulated** | **Stockholders'** |
|  | **Shares** | **Amount** | **Shares** | **Amount**  | **Issued** | **Capital** | **Deficit** | **(Deficit)** |
| **Balance December 31, 2023** | **13039755** | $**13040** | **10000000** | $**1000** | $**50000** | $**5759788** | $**(8790188)** | $**(2966360)** |
| Shares issued for services | 86000 | 86 |  |  |  | 85914 |  | 86000 |
| Retirement of founder shares | (2500000) | (2500) |  |  |  | 2500 |  |  |
| Warrants issued for services |  |  |  |  |  | 77623 |  | 77623 |
| Shares issued in connection with conversion of convertible debt | 14000 | 14 |  |  |  | 34986 |  | 35000 |
| Shares issued as debt issuance cost | 5000 | 5 |  |  |  | 4995 |  | 5000 |
| Net loss | - | - | - | - | - | - | (496619) | (496619) |
| Balance March 31, 2024 | 10644755 | $10645 | 10000000 | $1000 | $50000 | $5965806 | $(9286807) | $(3259356) |
| Shares to be issued for Services | 12000 | 120 |  |  |  | 11880 |  | 12000 |
| Warrants issued for services |  |  |  |  |  | 15884 |  | 15884 |
| Shares issued in connection with convertible debt | 241572 | 1900 |  |  |  | 454886 |  | 456786 |
| Shares issued as AP | 1800 | 18 |  |  |  | 4482 |  | 4500 |
| Net loss | - | - |  | - | - | - | (235012.00) | (235012) |
| Balance June 30, 2024 | 10900127 | $12683 | 10000000 | $1000 | $50000 | $6452938 | $(9521819) | $(3005198) |
| Shares to be issued for Services | 4000 | 40 |  |  |  | 3960 |  | 4000 |
| Warrants issued for services |  |  |  |  |  | 9991 |  | 9991 |
| Shares issued as AP | 4000 | 40 |  |  |  | 9960 |  | 10000 |
| Net loss | - | - | - | - | - | - | (358322) | (358322) |
| **Balance September 30, 2024** | **10908127** | $**12763** | **10000000** | $**1000** | $**50000** | $**6476849** | $**(9880141)** | $**(3339529)** |
| **Balance December 31, 2024** | **12063884** | $**12064** | **10000000** | $**1000** | $**722481** | $**7693305** | $**(11183774)** | $**(2754924.00)** |
| Warrants issued as debt issuance cost |  |  |  |  |  | 6665 |  | 6665 |
| Shares issued in connection with conversion of convertible debt | 68992 | 69 |  |  | (172481) | 172412 |  |  |
| Shares issued for conversion of AP | 500000 | 500 |  |  | (500000) | 499500 |  |  |
| Net loss | - | - | - | - | - | - | (281547) | (281547) |
| Balance March 31, 2025 | 12632876 | $12633 | 10000000 | $1000 | $50000 | $8371882 | $(11465321) | $(3029806) |
| Warrants issued as debt issuance cost |  |  |  |  |  | 36659 |  | 36659 |
| Shares issued for services | 30000 | 3 |  |  | 20000 | 29997 |  | 50000 |
| Retirement of shares issued for services | (243230) | (25) |  |  |  | 25 |  |  |
| Shares issued in connection with conversion of convertible debt |  |  |  |  |  |  |  |  |
| Shares issued for conversion of AP |  |  |  |  |  |  |  |  |
| Net loss | - | - | - | - | - | - | (362445) | (362445) |
| Balance June 30, 2025 | 12419646 | $12611 | 10000000 | $1000 | $70000 | $8438563 | $(11827766) | $(3329939) |
| Shares issued for services | 10000 | 1 |  |  |  | 9999 |  | 10000 |
| Related party debt forgiveness | - | - | - | - | - | 19009 | - | 19009 |
| Shares issued for conversion of AP |  |  |  |  | 406000 |  |  | 406000 |
| Net loss | - | - | - | - | - | - | (305119) | 305119) |
| **Balance September 30, 2025** | **12429646** | $**12612** | **10000000** | $**1000** | $**476000** | $**8467571** | $**(12132885)** | $**(3175702)** |

---

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

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|:---|
| 5 |
| *[**Table of Contents**](#toc1)* |

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| | |
|:---|:---|
| **Elite Performance Holding Corp.** | **Elite Performance Holding Corp.** |
| **Consolidated Statements of Cash Flows** | **Consolidated Statements of Cash Flows** |
| **(Unaudited)** | **(Unaudited)** |
|  | **Nine months ended**<br>**September 30,** |
|  | **2025** |
| CASH FLOWS FROM OPERATING ACTIVITIES |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Net loss | $(949111) |
| &nbsp;&nbsp;&nbsp;&nbsp;Items to reconcile net loss to net cash used in operating activities: |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Amortization of debt discount | 43700 |
| &nbsp;&nbsp;&nbsp;&nbsp;Shares issued for services | 40000 |
| &nbsp;&nbsp;&nbsp;&nbsp;Loss on inventory write down | 99 |
| &nbsp;&nbsp;&nbsp;&nbsp;Warrants issued for services |  |
| &nbsp;&nbsp;&nbsp;&nbsp;Depreciation expense | 8406 |
| &nbsp;&nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase) / decrease in inventory | (99) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase) / decrease in prepaid expenses | (6) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(Increase) / decrease in right of use assets | 17580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase in accounts payable - related party | 285178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Increase in accounts payable and accrued expenses | 190490 |
| Net Cash Used in Operating Activities | (363763) |
| CASH FLOWS FROM INVESTING ACTIVITIES |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Purchase of property and equipment | (2573) |
| Net Cash Used in Investing Activities | (2573) |
| CASH FLOWS FROM FINANCING ACTIVITIES |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from notes payable | 371000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Repayments of notes payable |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Payments on financing leases | (14664) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Proceeds from advances | 10000 |
| Net Cash Provided by Financing Activities | 366336 |
| Increase (Decrease) in Cash |  |
| CASH AT BEGINNING OF PERIOD | - |
| CASH AT END OF PERIOD | $- |
| **Supplemental Cash Flow Information:** |  |
| **Cash paid for:** |  |
| Interest Paid | $- |
| Taxes | $- |
| **Non-Cash Investing and Financing Activities:** |  |
| Shares issued in conversion with convertible notes | $172481 |
| Shares issued in conversion with accounts payable | $406000 |
| Warrants issued as debt issuance cost | $43324 |
| Shares issued as debt issuance cost | $- |

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

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| 6 |
| *[**Table of Contents**](#toc1)* |

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**Elite Performance Holding Corp.**

**Consolidated Notes to the Financial Statements**

**For the nine months ended September 30, 2025**

**(Unaudited)**

**NOTE 1 - GENERAL**

**Business Overview**

Elite Performance Holding Corporation ("EPH") was formed on January 30, 2018 (inception) and is a holding company with anticipated holdings in companies centered on innovative and proprietary nutritional and dietary fitness enhancement products, that are in the sports performance, weight loss, nutritional, functional beverage, and energy markets.

On February 2, 2018, a contribution and assignment agreement was executed by Joseph Firestone and Jon McKenzie (collectively, the "Assignors"), and Elite Performance Holding Corp., a Nevada corporation (the "Assignee"). Whereas Firestone and McKenzie were the owners of 5,000,000 shares of common stock, $0.0001 par value, for a total of 10,000,000 shares of common stock (collectively, the "Shares") of Elite Beverage International Corp., a Nevada corporation (the "Company"), which shares represented all authorized, issued and outstanding shares of the Company.

Elite Beverage International is a 100% wholly owned subsidiary of Elite Performance Holding Corp.

BYLT Performance, LLC is a wholly owned subsidiary of Elite Beverage International Corp. and currently holds all of the trademarks and intellectual property for the Company.

**Our Products and Services**

On August 01, 2020, the Company entered into an Exclusivity Agreement between its wholly owned subsidiary Elite Beverage International Corp. and Bruce Kneller for exclusive rights on a patent pending SmartCarb<sup>®</sup> technology (US tent Application No. 16/785,498.) This Agreement gives the Company first right of refusal to purchase the technology upon issuance of its patent for 20,000 shares in the Company.

On September 29, 2021, the Company entered into an Agreement between its wholly owned subsidiary Elite Beverage International Corp. and Bruce Kneller for the transfer and assignment of the SmartCarb<sup>®</sup> technology (US Patent No. 11,103,522 issued August 31, 2021.) This Agreement gives the Company the intellectual property and patent ownership for 40,000 shares valued at $20,000 that were issued October 1, 2021. For the year ended December 31, 2021, an impairment loss of $20,000 was recognized on the Patent acquisition and recorded to other income (expense).

On June 27, 2025 the Company filed U.S. Provisional Patent Application No. 63/831,615 and for a dual phase SmartCarb<sup>®</sup> system titled 'Nutritional Compositions of Highly Branched Cyclic Dextrin, Isomaltulose and L-Leucine." This new invention would improve the formula of the BYLT Drinks and further protect the intellectual property of the company

**NOTE 2 - ORGANIZATION AND SIGNIFICANT ACCOUNTING POLICIES**

These consolidated financial statements have been prepared on a going concern basis, which implies that the Company will continue to realize its assets and discharge its liabilities in the normal course of business. As of September 30, 2025, the Company had an accumulated deficit of $12,132,885. The continuation of the Company as a going concern is dependent upon the continued financial support from its management, its ability to generate profits from the Company's future operations, identify future investment opportunities and obtain the necessary debt or equity financing. These factors raise substantial doubt regarding the Company's ability to continue as a going concern. These consolidated financial statements do not include any adjustments to the recoverability and classification of recorded asset amounts and classification of liabilities that might be necessary should the Company be unable to continue as a going concern.

***Principles of Consolidation and Basis of Presentation***

The consolidated financial statements include the operations of the Company and its wholly-owned subsidiary, Elite Beverage International Corp.

All significant intercompany accounts and transactions have been eliminated in consolidation.

The Company's consolidated financial statements are prepared using the accrual method of accounting and are presented in accordance with U.S. Generally Accepted Accounting Principles (GAAP). The Company has elected a calendar year-end.

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***Going concern***

The Company's consolidated financial statements are prepared using Generally Accepted Accounting Principles applicable to a going concern that contemplates the realization of assets and liquidation of liabilities in the normal course of business. However, the Company has recently accumulated significant losses and has negative working capital. All of these items raise substantial doubt about its ability to continue as a going concern. Management's plans with respect to alleviating the adverse financial conditions that caused management to express substantial doubt about the Company's ability to continue as a going concern are as follows:

The Company is currently trying to raise new debt or equity to set up and market its line of sports drinks. If the Company is not successful in the development and implementation of a concept which produces positive cash flows from operations, the Company may be forced to continue to raise additional equity or debt financing to fund its ongoing obligations or risk ceasing doing business.

There can be no assurance that the Company will be able to achieve its business plans, raise any more required capital or secure the financing necessary to achieve its current operating plan. The ability of the Company to continue as a going concern is dependent upon its ability to successfully accomplish the plan described in the preceding paragraph and eventually attain profitable operations.

***Cash and Cash Equivalents***

We maintain the majority of our cash accounts at a commercial bank. The total cash balance is insured by the Federal Deposit Insurance Corporation ("FDIC") up to $250,000 per commercial bank. For purposes of the statement of cash flows we consider all cash and highly liquid investments with initial maturities of one year or less to be cash equivalents.

***Accounts Receivable***

We grant credit to our customers located within the United States of America; and do not require collateral. Our ability to collect receivables is affected by economic fluctuations in the geographic areas and industries served by us. As of September 30, 2025 and December 31, 2024, the Company had $0 and $0 in accounts receivable respectively. The allowance for doubtful trade receivables was $0 as of September 30, 2025 and December 31, 2024, respectively.

***Inventory***

Inventories are valued at the lower of weighted average cost or net realizable value. Our industry experiences changes in technology, changes in market value and availability of raw materials, as well as changing customer demand. The Company makes provisions for estimated excess and obsolete inventories based on regular audits and cycle counts of our on-hand inventory levels and forecasted customer demands and at times additional provisions are made. Any inventory write offs are charged to the reserve account. The Company wrote off $99 and $30,802 in damaged inventory, as of September 30, 2025 and December 31, 2024, respectively. As of September 30, 2025 and December 31, 2024, the Company had $0 in inventory. The Company had no reserve for potentially obsolete inventory as of September 30, 2025 and December 31, 2024, respectively.

***Prepaid Expenses***

Prepaid expenses are expenditures that have not yet been consumed, and so are capitalized for a short period of time. They are initially recorded on the balance sheet as current assets, and are later charged to expense. As of September 30, 2025 and December 31, 2024, we had $14,075 and $14,069 in prepaid expenses, respectively.

***Basic and Diluted Loss Per Share***

The Company presents both basic and diluted earnings per share (EPS) on the face of the statement of operations. Basic EPS is computed by dividing net income (loss) available to common shareholders (numerator) by the weighted average number of shares outstanding (denominator) during the period. Diluted EPS gives effect to all dilutive potential common shares outstanding during the period including convertible debt, stock options, and warrants, using the treasury stock method, and convertible securities, using the if-converted method. In computing diluted EPS, the average stock price for the period is used in determining the number of shares assumed to be purchased from the exercise of stock options or warrants. Diluted EPS excludes all dilutive potential shares if their effect is anti-dilutive. The Company had net losses as of September 30, 2025 and December 31, 2024, so then diluted EPS excluded all dilutive potential shares in the diluted EPS because their effect is anti-dilutive. As of September 30, 2025, the Company had $1,643,216 in convertible notes plus accrued interest of $458,207 that may be converted into 2,670,633 shares of common stock. As of December 31, 2024, the Company had $1,272,216 in convertible notes plus accrued interest of $300,283 that may be converted into 2,341,910 shares of common stock.

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***Fair Value of Financial Instruments***

The carrying amount of accounts payable and accrued expenses are considered to be representative of their respective fair values because of the short-term nature of these financial instruments.

***Advertising***

Advertising costs are expensed as incurred. For the three and nine months ended September 30, 2025 and 2024, the Company had $1,131 and $11,982 (three months) and $6,527 and $20,479 (nine months) in advertising expense, respectively.

***Research and Development***

Research and development costs are expensed as incurred. Research and development expenses primarily consist of salaries and benefits for research and development employees, stock-based compensation, consulting fees, lab supplies, and regulatory compliance costs. For the three and nine months ended September 30, 2025 and 2024, the Company had $0 research and development (R&D) expense.

***Use of Estimates***

The preparation of financial statements requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

***Revenue Recognition***

Effective January 1, 2018, the Company adopted ASC 606 — Revenue from Contracts with Customers. Under ASC 606, the Company recognizes revenue from the commercial sales of products by applying the following steps: (1) identify the contract with a customer; (2) identify the performance obligations in the contract; (3) determine the transaction price; (4) allocate the transaction price to each performance obligation in the contract; and (5) recognize revenue when each performance obligation is satisfied. The Company's performance obligation is to deliver the product(s) per the contract and the obligation is met upon receipt of the product by the purchaser. Prices are predetermined plus applicable taxes and shipping costs. The Company's main source of revenue comes from distributors, retail stores and gyms, and online sales primarily coming from the company website and Amazon. Amounts invoiced or collected in advance of product delivery or providing services are recorded as deferred revenue. The Company accrues for warranty costs, sales returns, bad debts, and other allowances based on its historical experience.

For the three and nine months ended September 30, 2025 and 2024, the Company had $0 and $0 (three months) and $0 and $681 (nine months), respectively in revenue from the sale of our products.

***Stock-Based Compensation***

The Company records stock-based compensation using the fair value method. Equity instruments issued to employees and the cost of the services received as consideration are accounted for in accordance with ASC 718 "Stock Compensation" and are measured and recognized based on the fair value of the equity instruments issued.

***Long Lived Assets***

Periodically the Company assesses potential impairment of its long-lived assets, which include property, equipment and acquired intangible assets, in accordance with the provisions of ASC Topic 360, "Property, Plant and Equipment." The Company recognizes impairment losses on long-lived assets used in operations when indicators of impairment are present and the undiscounted cash flows estimated to be generated by those assets are less than the assets' carrying values. An impairment loss would be recognized in the amount by which the recorded value of the asset exceeds the fair value of the asset, measured by the quoted market price of an asset or an estimate based on the best information available in the circumstances. For the nine months ended September 30, 2025 and year ended December 31, 2024, the Company did not record any impairment on our previously announced Patent acquisition, resulting in no other income (expense) being recognized.

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***Property and Equipment***

Property and equipment are carried at cost, less accumulated depreciation. Additions are capitalized and maintenance and repairs are charged to expense as incurred. Depreciation is recorded on the straight-line basis method over the estimated useful lives of the assets.

***Recently Issued Accounting Standards***

**Accounting Standards Issued**

All other ASUs issued but not yet adopted were assessed and determined to be either not applicable or are not expected to have a material impact on our consolidated financial statements or financial statement disclosures.

**<u>Segment reporting policy</u>**

In November 2023, the FASB issued Accounting Standards Update 2023-07 – Segment Reporting (Topic ASC 280) Improvements to Reportable Segment Disclosures. The ASU improves reportable segment disclosure requirements, primarily through enhanced disclosure about significant segment expenses. The enhancements under this update require disclosure of significant segment expenses that are regularly provided to the Chief Operating Decision Maker ("CODM") and included within each reported measure of segment profit or loss, require disclosure of *other segment items* by reportable segment and a description of the composition of *other segment items*, require annual disclosures under ASC 280 to be provided in interim periods, clarify use of more than one measure of segment profit or loss by the CODM, require that the title of the CODM be disclosed with an explanation of how the CODM uses the reported measures of segment profit or loss to make decisions, and require that entities with a single reportable segment provide all disclosures required by this update and required under ASC 280. The Company adopted ASU 2023-07 for the annual period ending December 31, 2024.

The Company's Chief Executive Officer serves as the Chief Operating Decision Maker ("CODM") and evaluates the financial performance of the business and makes resource allocation decisions on a consolidated basis. As a result, the Company operates as a single reportable segment under ASC 280, Segment Reporting, defined by the CODM as centered on innovative and proprietary nutritional and dietary fitness enhancement products, that are in the sports performance, weight loss, nutritional, functional beverage, and energy markets. The Company's operations include a first to market functional sports beverage called B.Y.L.T.<sup>®</sup> (acronym for Beyond Your Limit Training), which is managed centrally.

The CODM assesses financial performance based on revenue, operating profit, and key operating expenses.

**NOTE 3 - RELATED PARTY TRANSACTIONS**

***Accounts and Notes Payable related party***

For the nine months ended September 30, 2025 and year ended December 31, 2024, the Company had $0, in consulting expense to "I Know a Dude, Inc." owned by Laya Clark. Mr. Clark is a member of our Board of Directors. As of September 30, 2025 and year ended December 31, 2024, the Company had an outstanding balance due of $122,922, which is included in accounts payable related party.

For the nine months ended September 30, 2025 and year ended December 31, 2024, we incurred $2,000 and $0, respectively, for un-reimbursed business expenses. As of September 30, 2025 and December 31, 2024, the Company had outstanding balances due to Joey Firestone of $2,000 and $24,022, respectively, for un-reimbursed business expenses. As of September 30, 2025 and December 31, 2024, the Company also had an outstanding balance due to Joey Firestone of $5,287 and $5,000, respectively, for consulting services, and $0 and $97,187 for salary, respectively, which is included in accounts payable related party. In addition, Joey Firestone forgave $19,009 in salary. This debt forgiveness was recorded as additional paid in capital.

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One February 1, 2021 the Company renewed the employment agreement with Joey Firestone with milestone performance bonuses in shares of restricted 144 stock.

On May 6, 2022, the Company entered into a lease agreement with its CEO, Joey Firestone, for three cargo vans to be used for delivery and distribution of its products. Mr. Firestone is the guarantor of these vehicles, which he acquired for the sole purpose of the operations of Elite Beverage International. Total initial payments for all three vehicles were $19,000. Each vehicle has a purchase option upon the completion of the lease agreement. See Note 4 for additional details.

**NOTE 4 - LEASES**

Our adoption of ASU 2016-02, Leases (Topic 842), and subsequent ASUs related to Topic 842, requires us to recognize substantially all leases on the balance sheet as an ROU asset and a corresponding lease liability. The new guidance also requires additional disclosures as detailed below. We adopted this standard on the effective date of January 1, 2019 and used this effective date as the date of initial application. Under this application method, we were not required to restate prior period financial information or provide Topic 842 disclosures for prior periods. We elected the 'package of practical expedients,' which permitted us to not reassess our prior conclusions related to lease identification, lease classification, and initial direct costs, and we did not elect the use of hindsight.

Lease ROU assets and liabilities are recognized at commencement date of the lease, based on the present value of lease payments over the lease term. The lease ROU asset also includes any lease payments made and excludes any lease incentives. When readily determinable, we use the implicit rate in determining the present value of lease payments. When leases do not provide an implicit rate, we use our incremental borrowing rate based on the information available at the lease commencement date, including the lease term.

We recognized a $60,495 right-of-use asset and $67,810 in a related party lease liability for our finance leases. For our finance leases, the asset is included in other long-term assets on the balance sheet and is amortized within operating income over the lease term. The long-term component of the lease liability is included in other long-term liabilities, net, and the current component is included in other current liabilities.

On May 6, 2022, the Company entered into a lease agreement with its CEO, Joey Firestone, for three cargo vans to be used for delivery and distribution of its products. Mr. Firestone is the guarantor of these vehicles, which he acquired for the sole purpose of the operations of Elite Beverage International. The monthly payment for each vehicle is 66 months of $706 (APR 8.99%) (2019 Mercedes Sprinter Van), 72 months of $807 (APR 9.95%) (2019 Ford Transit Van), and 72 months of $797. (APR 10.59%) (2020 Ford Transit Van) Each vehicle has a purchase option upon the completion of the lease agreement. Total initial payments were $19,000 for all three vehicles which was $9,000. $5,000, and $5,000 for each one, respectively.

The Company incurred amortization expense, which is included as part of selling, general and administrative expenses, of $17,579 and $17,579 plus interest expense of $5,511 and $6,580 during the nine months ended September 30, 2025 and 2024, respectively.

The tables below present financial information associated with our leases.

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|  | **Balance Sheet**<br>**Classification** | **September 30,**<br>**2025** | **December 31,**<br>**2024** |
| Right-of-use assets | Other long-term assets | $60495 | $78075 |
| Current lease liabilities | Other current liabilities | 22284 | 22110 |
| Non-current lease liabilities | Other long-term liabilities | 45526 | 60364 |

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As of September 30, 2025, our maturities of our lease liabilities are as follows:

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| <br>**Maturity of lease liabilities** | **September 30,**<br>**2025**<br>**Financing** <br>**Leases** |
| 2025 | 13440 |
| 2026 | 27717 |
| 2027 | 27012 |
| Thereafter | 8020 |
| Total lease payments | $76189 |
| Less: Imputed interest | (8379) |
| Present value of lease liabilities | $67810 |

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**NOTE 5 - PROPERTY AND EQUIPMENT**

The following is a summary of property and equipment—at cost, less accumulated depreciation:

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|  | **September 30,**<br>**2025** |
| Trucks | 55000 |
| Equipment | 2573 |
| Total cost | 57573 |
| Less accumulated depreciation | (35890) |
| Net, property and equipment | $21683 |

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Depreciation expense for the three and nine months ended September 30, 2025 and 2024 was $2,902 and $2,742 (three months) and $8,406 and $8,228 (nine months), respectively. The trucks are being depreciated over a useful life of 5 years.

**NOTE 6 - COMMON STOCK AND COMMON STOCK WARRANTS**

***Common Stock***

The Company effected a one-for-ten reverse stock split on March 17, 2025. All share and per share information in this Annual Report on Form 10-K, including the consolidated financial statements and related notes thereto, has, where applicable, been retroactively adjusted to reflect the Reverse Stock Split.

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***Restricted Shares issued***

For the nine months ended September 30, 2025, the Company issued 500,000 shares in the amount of $500,000 for the conversion of accounts payable. These shares were previously recorded as shares to be issued.

For the nine months ended September 30, 2025, the Company issued 68,992 shares for the conversion of a convertible note payable made within the terms of the agreement. These shares were previously recorded as shares to be issued.

For the nine months ended September 30, 2025, the Company issued 40,000 shares in the amount of $40,000 valued at $1 per share for consulting services. In addition, the Company recorded $20,000 for services as shares to be issued.

For the nine months ended September 30, 2025, the Company recorded 406,000 shares to be issued at $1 per share for conversion of accounts payable valued at $472,000. The Company recorded $406,000 for the value of the shares and $66,000 as other income.

For the nine months ended September 30, 2025, the Company retired 243,230 shares issued for services.

As of September 30, 2025, the Company had 12,429,646 common shares outstanding.

For the year ended December 31, 2024, the Company issued 1,059,257 shares in the amount of $1,059,257 valued at $1.00 per share for consulting services.

For the year ended December 31, 2024, the Company issued 299,572 shares in the amount of $774,267 for the conversion of principal and accrued interest of convertible notes payable made within the terms of the agreement and no gain or loss results from it.

For the year ended December 31, 2024, the Company issued 160,300 shares in the amount of $663,000 for conversion of accounts payable.

For the year ended December 31, 2024, the Company issued 5,000 common shares in the amount of $5,000 as debt issuance cost.

For the year ended December 31, 2024, the Company retired 2,500,000 founder shares valued at $0.

As of December 31, 2024, the Company had 12,063,884 common shares outstanding.

***Common Stock Warrants***

On March 18, 2024, the Company issued 80,000 five year warrants exercisable at $20.00 valued at $77,623 for consulting services. The Company used a Black-Scholes option pricing model with the following assumptions: stock price of $0.01 per share, volatility of 236%, expected term of 5 years, and a risk free interest rate of 4.34%.

On May 6, 2024, the Company issued 16,000 five year warrants exercisable at $20.00 valued at $15,884 for consulting services. The Company used a Black-Scholes option pricing model with the following assumptions: stock price of $0.01 per share, volatility of 276%, expected term of 5 years, and a risk free interest rate of 4.50%.

On August 20, 2024, the Company issued 10,000 five year warrants exercisable at $20.00 valued at $9,991 as part of a convertible note issued. The Company used a Black-Scholes option pricing model with the following assumptions: stock price of $0.01 per share, volatility of 329%, expected term of 5 years, and a risk free interest rate of 3.69%.

On March 28, 2025, the Company issued 10,000 five year warrants exercisable at $2.00 valued at $6,665 as part of a convertible note issued. The Company used a Black-Scholes option pricing model with the following assumptions: stock price of $1.00 per share, volatility of 328.93%, expected term of 5 years, and a risk free interest rate of 4.09%.

On March 28, 2025, the Company issued 5,000 five year warrants exercisable at $2.00 valued at $3,332 as part of a convertible note issued. The Company used a Black-Scholes option pricing model with the following assumptions: stock price of $1.00 per share, volatility of 328.93%, expected term of 5 years, and a risk free interest rate of 4.09%.

On May 20, 2025, the Company issued 50,000 five year warrants exercisable at $2.00 valued at $33,327 as part of a convertible note issued. The Company used a Black-Scholes option pricing model with the following assumptions: stock price of $1.00 per share, volatility of 329.40%, expected term of 5 years, and a risk free interest rate of 4.07%.

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Transactions involving the Company's warrant issuances are summarized as follows:

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|  |<br>**Number of**<br>**Shares** | **Weighted**<br>**Average**<br>**Exercise**<br>**Price** |
| Outstanding at December 31, 2023 |  | $- |
| Issued | 106000 | 20.00 |
| Exercised |  |  |
| Expired or cancelled | - | - |
| Outstanding at December 30, 2024 | 106000 | 20.00 |
| Issued | 65000 | 20.00 |
| Exercised |  |  |
| Expired or cancelled | - | - |
| Outstanding at September 30, 2025 | 171000 | $20.00 |

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The following table summarizes warrants outstanding as of September 30, 2025:

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| <br><br>**Exercise Price** | <br>**Number**<br>**Outstanding**<br>**and Exercisable** | **Weighted Average**<br>**Remaining**<br>**Contractual**<br>**Life (years)** | <br>**Weighted**<br>**Average**<br>**Exercise price** |
| $20.00 | 171000 | 3.81 | $20.00 |

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**NOTE 7 - PREFERRED STOCK**

The Company has authorized a total of 35,000,000 Shares of Preferred Stock, $0.0001 par value, which may be issued from time to time and bearing such rights, privileges and preferences as shall be designated by the Board of Directors. As of December 31, 2017, Elite Beverage International Corp had issued 10,000,000 Shares of Preferred Stock, designated as series A "Cumulative Preference 'A'", for $1,000.

10,000,000 Series A preferred which carries super voting rights. Each preferred share carries 20 votes.

On February 2, 2018 Elite Performance Holding Corp., owned and controlled by Firestone and McKenzie, acquired Elite Beverage International through a 1:1 preferred share exchange as follows. 10,000,000 Series A preferred shares of Elite Performance Holdings Corp. in exchange for 10,000,000 Series A preferred shares of Elite Beverage International Inc.

On March 3, 2023, Jon McKenzie transferred his ownership of 5,000,000 Series A Preferred shares with super voting rights to Chairman and CEO Joey Firestone.

**NOTE 8 - NOTE PAYABLE**

On April 30, 2020 Elite Beverage International was approved for a loan for $201,352 through the Payment Protection Program (PPP) with an interest of 0.98% per annum and a maturity date of April 23, 2022. Forgiveness in the amount of $105,867 was given on September 2, 2021, which was recorded as a gain on forgiveness on debt in the statement of operations. As of February 9, 2022, The SBA has paid off the balance of the PPP loan with the lender. The Company is waiting for formal confirmation from the SBA on the status of the loan balance and once received will record the forgiveness of the debt. On the PPP loan, interest expense was $5,496 and $4,780 for the nine months ended September 30, 2025 and the year ended December 31, 2024, respectively. The balance of this PPP loan is $95,485 as of September 30, 2025 and December 31, 2024, respectively.

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During the years ended December 31, 2024 and 2023, the Company entered into non-convertible, non-interest bearing advances for $90,000, $50,000, $75,000, $20,000, $20,000, $12,000, $11,000, $7,500 and $2,000, respectively from a third party and the monies will be paid back over the course of the next 12 months. During the year ended December 2024, the Company converted $205,000 in advances to convertible debt, received proceeds of $52,500 and made repayments of $51,500. During the nine months ended September 30, 2025, the Company entered into a non-convertible, non-interest bearing advance for $10,000. As of September 30, 2025 and December 31, 2024, the balance of this advance is $21,000 and $11,000, respectively.

In January of 2023, the Company entered into a refinance agreement with a third party that held the original agreement on July of 2022. In July of 2022, the Company entered into a receivables and sale note payable agreement with a third party. The funded amount by the third party was $50,460, this amount is the purchase price less fees and is the net amount funded to the Company. This note will be paid back with 48 weekly installments of $1,332, for a total amount of $63,960 to be paid back. The note contains Original Issue Discount (OID) of $13,500 at issuance. As of December 31, 2022, the Company owed $29,316 on this note payable and the OID balance is $6,188, leaving a net balance of $23,128. The Company has recorded $7,313 as interest expense for the year ended December 31, 2022 related to this OID. For the refinance terms in January of 2023 agreement, the Company funded amount by the third party was $98,500, this amount is the purchase price less fees and is the net amount funded to the Company. This note will be paid back with 60 weekly installments of $2,133, for a total amount of $128,000 to be paid back. This note contains Original Issue Discount (OID) of $29,500 at issuance. As of September 30, 2025, the Company paid this in full and owes $0 on this note payable and the OID balance.

**NOTE 9 - CONVERTIBLE NOTES PAYABLE**

On December 4, 2019, the Company entered into a convertible promissory note in the amount of $189,000, with an interest rate of 8% per annum and a maturity date of December 4, 2020. The note carries a prepayment feature or is convertible 180 days from the date of the note, at a fixed price of $0.005 or if publicly traded at the rate of the lessor of $0.05 or the lowest of 65% of the lowest closing bid price for 3 trading days previous to the conversion or based on any subsequent financings with better terms to other investors. This note included an original discount fee of $9,000. At December 31, 2023 and 2022, balance on this debt discount was $0, respectively. The Company also issued 500,000 commitment shares valued at $25,000 on December 11, 2019 and recorded to debt discount. The Company amortized $1,712 for the year ended December 31, 2019, and $23,288 and $0 for the years ended December 31, 2020 and 2021 respectively. On January 23, 2024, the Company modified this note, along with several other Hillyer notes and advances, including accrued interest, to a new note maturing on December 31, 2024. The maturity date of the note was extended to December 31, 2025 with an interest rate of 18% per annum. All other terms remain the same.

On January 17, 2020, the Company issued a convertible promissory note to The Hillyer Group Inc. in the amount of $157,500 with an interest rate of 8% per annum and a maturity date of January 17, 2021. The note carries a prepayment feature or is convertible 180 days from the date of the note, at a fixed price of $0.50 or if publicly traded at the rate of the lessor of $0.50 or the lowest of 65% of the lowest closing bid price for 3 trading days previous to the conversion or based on any subsequent financings with better terms to other investors. On January 17, 2019 the Company issued 40,000 shares of common stock in consideration for the execution of this note. These shares are restricted and subject to SEC Rule 144. These shares were valued at $20,000 included an original discount fee of $7,500, which was recorded to debt discount. On January 23, 2024, the Company modified this note, along with several other Hillyer notes and advances, including accrued interest, to a new note maturing on December 31, 2024. The maturity date of the note was extended to December 31, 2025 with an interest rate of 18% per annum. All other terms remain the same.

On September 16, 2021, the Company issued a convertible promissory note to Stout LLC. in the amount of $20,000 with an interest rate of 12% per annum and a maturity date of September 16, 2022. The note carries a prepayment feature or is convertible 180 days from the date of the note, at a fixed price of $0.50 per share of common stock or if publicly traded at the rate of the lessor of $0.50 or the lowest of 65% of the lowest closing bid price for 3 trading days previous to the conversion or based on any subsequent financings with better terms to other investors. The outstanding balance on the note was $20,000 as of September 30, 2025. This note is in default and is accruing interest at the default rate of 18%.

On November 1, 2023, the Company entered into a convertible promissory note in the amount of $25,000 with an interest rate of 10% per annum and a maturity date of January 2, 2024. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. On January 23, 2024, the Company modified this note, along with several other Hillyer notes and advances, including accrued interest, to a new note maturing on December 31, 2024. The maturity date of the note was extended to September 30, 2025 with an interest rate of 18% per annum. All other terms remain the same.

On January 23, 2024, the Company modified and aggregated several Hillyer loans totaling $371,500, advances totaling $205,000 and accrued interest totaling $218,216 for an aggregate balance of $794,716 and extended the maturity to December 31, 2024. The maturity date of the note was extended to September 30, 2025 with an interest rate of 18% per annum. All other terms remain the same.

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On May 6, 2024, the Company entered into an agreement to borrow up to $160,000 with an interest rate of 12% per annum and a maturity date of November 5, 2024. On January 17, 2025 the note was amended to fund up to $200,000 with an interest rate of 12% per annum. The note does not specify a maturity date. On July 1, 2024, July 26, 2024, October 18, 2024, January 6, 2025, January 22, 2025 and March 21, 2025, the Company received $75,000, $50,000, $10,000, $16,000, $20,000 and $10,000, respectively, related to a May 6, 2024 convertible promissory note with a third party. The note shall be convertible into shares of common stock equal to 70% of the lowest closing price on the primary trading market on which the Company's common stock is quoted for the last five (5) trading days immediately prior to but not including the conversion date, which is subject to a floor conversion price of $20.00 per share. The outstanding balance on the note is $181,000 as of September 30, 2025.

On February 27, 2025, the Company entered into a convertible promissory note in the amount of $5,000 with an interest rate of 10% per annum and a maturity date of February 27, 2026. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. The outstanding balance on the note was $5,000 as of September 30, 2025.

On March 18, 2025, the Company entered into a convertible promissory note in the amount of $10,000 with an interest rate of 10% per annum and a maturity date of March 18, 2026. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. The outstanding balance on the note was $10,000 as of September 30, 2025.

On March 24, 2025, the Company entered into a convertible promissory note in the amount of $5,000 with an interest rate of 10% per annum and a maturity date of March 24, 2026. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. The outstanding balance on the note was $5,000 as of September 30, 2025.

On March 27, 2025, the Company entered into a convertible promissory note in the amount of $20,000 with an interest rate of 8% per annum and a maturity date of March 27, 2026. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. The outstanding balance on the note was $20,000 as of September 30, 2025.

On March 27, 2025, the Company entered into a convertible promissory note in the amount of $10,000 with an interest rate of 10% per annum and a maturity date of March 27, 2026. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. The outstanding balance on the note was $10,000 as of September 30, 2025.

On May 20, 2025, the Company entered into a convertible promissory note in the amount of $100,000 with an interest rate of 10% per annum and a maturity date of November 20, 2025. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. The outstanding balance on the note was $100,000 as of September 30, 2025.

On June 3, 2025, the Company entered into a convertible promissory note in the amount of $150,000 with an interest rate of 10% per annum and a maturity date of June 3, 2026. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. The outstanding balance on the note was $150,000 as of September 30, 2025.

On June 11, 2025, the Company entered into a convertible promissory note in the amount of $25,000 with an interest rate of 10% per annum and a maturity date of June 11, 2026. The note carries a prepayment feature or is convertible 14 days from the date of the note, at a fixed price of $2.50 per share of common stock. The outstanding balance on the note was $25,000 as of September 30, 2025.

Total accrued interest on the above notes for September 30, 2025 and December 31, 2024 was $456,627 and $246,243, respectively.

**NOTE 10 - COMMITMENTS AND CONTINGENCIES**

In August 2025, the Company settled a previous litigation and received $50,000 which was recorded as Other Income. We are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our Company or any of our subsidiaries, threatened against or affecting our Company, our common stock, any of our subsidiaries or of our companies or our subsidiaries' officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.

**NOTE 11 - SUBSEQUENT EVENTS**

In accordance with ASC 855-10, we have analyzed events and transactions that occurred subsequent to September 30, 2025 through the date these financial statements were issued and have determined that we do not have any other material subsequent events to disclose or recognize in these financial statements.

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**Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations.**

***Forward-Looking Statements and Associated Risks.***

*This form 10-Q contains certain statements that are forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995. For this purpose, any statements contained in this Form 10-Q that are not statements of historical fact may be deemed to be forward-looking statements. Without limiting the foregoing, words such as "may", "will", "expect", "believe", "anticipate", "estimate, or "continue" or comparable terminology are intended to identify forward-looking statements. These statements by their nature involve substantial risks and uncertainties, and actual results may differ materially depending on a variety of factors, many of which are not within our control. These factors include but are not limited to economic conditions generally and in the industries in which we may participate; competition within our chosen industry, including competition from much larger competitors; technological advances and failure to successfully develop business relationships.*

Based on our financial history since inception, our auditor has expressed substantial doubt as to our ability to continue as a going concern. As reflected in the accompanying consolidated financial statements, as of September 30, 2025, we had an accumulated deficit totaling ($12,132,885). This raises substantial doubts about our ability to continue as a going concern.

**<u>Business</u>**

The Company is currently producing a sports beverage like no other available on the market. B.Y.L.T. (Beyond Your Limit Training is the first ready to drink (RTD) beverage of its kind to combine the benefits of hydration, endurance, fat oxidation, and muscle recovery all-in-one great tasting beverage. BYLT (pronounced *built)* uses a patented formula that hydrates, helps improves performance, promotes fat burning during exercise, and aids in muscle recovery after exertion. Whether you are looking to achieve optimal performance on the baseball field, basketball court, soccer field, in the gym or any competitive sport, BYLT provides the competitive edge every athlete actively seeks. This unique product is designed with scientifically dosed key ingredients to bridge the gap between sugar loaded sports drinks, hydration beverages and dietary supplements, without the sugars and jitters from caffeine which eventually cause athletes to crash. BYLT is not only designed to help enhance performance and support the intense physical demand of athletes but is safe and backed by science.

The Company's operations have been and continue to be affected by the recent and ongoing outbreak of the coronavirus disease (COVID-19) which in March 2020, was declared a pandemic by the World Health Organization (WHO.) The ultimate disruption which may be caused by the outbreak is uncertain; However, it may result in a material adverse impact on the Company's financial position, operations, and cash flows. Possible areas that may be affected include, but are not limited to, disruption to the Company's customers and revenue, labor workforce, unavailability of products and supplies used in operations, and the decline in value of assets held by the Company, including ingredient material, property and equipment.

Our future operations are contingent upon increasing revenues and raising capital for on-going operations and the anticipated expansion of our product lines. Because we have a limited operating history, you may experience difficulty in evaluating our business and future prospects.

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**Sales and Marketing** 

With its all-encompassing benefits and better-for-you ingredients, BYLT is positioned to succeed in a highly lucrative market due to being first to market, its superior product offering and an ideal market opportunity. The breakdown of favorable market trends that will help fuel the initial growth and long-term success of the Company include:

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| Healthy living trends and lifestyles are continuing, creating a drive for better-for-you trends, active lifestyles, and a growing demand for industry products from everyday consumers. |
| There are currently no other RTD beverages that combine the benefits of BYLT that athletes seek out. In order to achieve optimal nutrients, an athlete must take 3-4 supplements that are often packed with unhealthy additives such as sugars and caffeine. |
| Sports Drinks accounted for 70% of the entire Fortified/Functional beverage industry and is expected to continue its growth during the next five years to become a $15 billon market by 2027. |
| BYLT is also positioned in the Nutrition and Performance Drink Industry which generated a total revenue of $9 billion. Mintel estimates sales of the category to continue to grow reaching $15 billion by 2027. |
| According to Statista, 36% of individuals in the U.S. purchase a ready to drink sports drink 1 – 2 times a week, while 15% purchase one over 10 times a week. |
| There is high potential for customer loyalty in the industry and brands that deliver on their promised functional and health benefits usually keep loyal core consumers. |

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The Company retained key executives for nationwide sales and distribution of their first to market sports drink. The executive team is comprised of former seasoned Coca-Cola, PepsiCo and Dr. Pepper executives that have over 120 years of combined experience in the beverage industry. Previous clients include: Coca-Cola, Bolthouse Farms, Cinnabon, Nestle Waters, Honest, Celsius and others. The Company will launch its products in a series of region expansions, as shown in the figure below.

**Figure 1: Map of BYLT Roll Out Strategy**<br>

![elite_10qimg2.jpg](elite_10qimg2.jpg)

**Corporate Information**

Elite Performance Holding Corp

3301 NE 1<sup>st</sup> Ave. Suite M704

Miami, FL 33137

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**<u>Corporate History</u>**

Elite Performance Holding Corp. (the "Company") was originally incorporated on January 30, 2018 in the State of Nevada. On February 2, 2018, Joey Firestone and Jon McKenzie each assigned 5,000,000 shares of Elite Beverage International Corp. to the Company, via a Contribution and Assignment Agreement, making Elite Beverage International Corp. our wholly owned operating subsidiary.

The Company effected a one-for-ten reverse stock split on March 17, 2025 (the "Reverse Stock Split"). All share and per share information in this Annual Report on Form 10-K, including the consolidated financial statements and related notes thereto, has, where applicable, been retroactively adjusted to reflect the Reverse Stock Split.

***Results for the Three Months Ended September 30, 2025 Compared To The Three Months Ended September 30, 2024.***

***Operating Revenues***

The Company's revenues were $0 and $0 for the three months ended September 30, 2025 and 2024, respectively.

***Gross Profit (Loss)***

For the three months ended September 30, 2025 and 2024, the Company's gross profit (loss) was ($653) and $0, respectively.

Our gross profit (loss) could vary from period to period and is affected by a number of factors, including product mix, production efficiencies, component availability and costs, pricing, competition, customer requirements and unanticipated restructuring or inventory charges and potential scrap of materials.

***General and Administrative Expenses***

For the three months ended September 30, 2025, general and administrative expenses were $58,062 compared to $100,783 for the three months ended September 30, 2024, a decrease of $42,721. This decrease was due to a decrease in operations.

***Advertising Expense***

For the three months ended September 30, 2025, advertising expenses were $1,131 compared to $11,982 for the three months ended September 30, 2024, a decrease of $10,851.

***Legal and Accounting Expense***

For the three months ended September 30, 2025, Legal and Accounting expenses were $100,958 compared to $99,029 for the three months ended September 30, 2024, an increase of $1,929. This increase was due to an increase in accounting and legal filings associated with the registration statement filing.

***Consulting expense***

For the three months ended September 30, 2025, Consulting expenses were $170,591 compared to $63,156 for the three months ended September 30, 2024, an increase of $107,435. This increase was due to an adjustment in value of shares and warrants issued for consulting in 2024.

***Other Income***

For the three months ended September 30, 2025, other income was $116,000 compared to $2,700 for the three months ended September 30, 2024, an increase of $113,300.

***Interest Expense***

For the three months ended September 30, 2025, Interest expenses were $89,724 compared to $86,072 for the three months ended September 30, 2024, an increase of $3,652. This increase was due to additional notes outstanding.

Our net loss for the three months ended September 30, 2025, was $305,119 compared to $358,322 for the three months ended September 30, 2024, a decrease of $53,203. This increase was due primarily from other income.

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***Results for the Nine Months Ended September 30, 2025 Compared To The Nine Months Ended September 30, 2024.***

***Operating Revenues***

The Company's revenues were $0 for the nine months ended September 30, 2025 compared to $681 for the nine months ended September 30, 2024.

***Gross Profit (Loss)***

For the nine months ended September 30, 2025, the Company's gross profit (loss) was ($1,304) compared to ($4,879) for the nine months ended September 30, 2024.

Our gross profit (loss) could vary from period to period and is affected by a number of factors, including product mix, production efficiencies, component availability and costs, pricing, competition, customer requirements and unanticipated restructuring or inventory charges and potential scrap of materials.

***General and Administrative Expenses***

For the nine months ended September 30, 2025, general and administrative expenses were $208,248 compared to $323,493 for the nine months ended September 30, 2024, a decrease of $115,245. This decrease was due to a decrease in operations.

***Advertising Expense***

For the nine months ended September 30, 2025, advertising expenses were $6,527 compared to $20,479 for the nine months ended September 30, 2024, a decrease of $13,952.

***Legal and Accounting Expense***

For the nine months ended September 30, 2025, Legal and Accounting expenses were $310,542 compared to $210,530 for the nine months ended September 30, 2024, an increase of $100,012. This increase was due to an increase in accounting and legal filings.

***Consulting expense***

For the nine months ended September 30, 2025, Consulting expenses were $316,138 compared to $357,573 for the nine months ended September 30, 2024, a decrease of $41,435. This decrease was due to shares and warrants issued for consulting in 2024.

***Other Income***

For the nine months ended September 30, 2025, other income was $116,000 compared to $4,945 for the nine months ended September 30, 2024, an increase of $111,055.

***Interest Expense***

For the nine months ended September 30, 2025, Interest expenses were $222,352 compared to $177,944 for the nine months ended September 30, 2024, an increase of $44,408.

Our net loss for the nine months ended September 30, 2025, was $949,111 compared to $1,089,953 for the nine months ended September 30, 2024, a decrease of $140,842. This decrease was due primarily from the shares and warrants issued for services to consultants in 2024.

***Liquidity and Capital Resources***

The ability of the Company to continue as a going concern is dependent on the Company's ability to raise additional capital and implement its business plan. Since its inception, the Company has been funded by related parties through capital investment and borrowing of funds.

At September 30, 2025, the Company had total current assets of $14,075 compared to $14,069 at December 31, 2024.

At September 30, 2025, the Company had total current liabilities of $3,130,944 compared to $2,718,734 at December 31, 2024.

We had working capital deficit of $3,101,914 as of September 30, 2025, compared to $3,116,869 as of December 31, 2024.

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***Cashflow from Operating Activities***

During the nine months ended September 30, 2025, cash provided by (used in) operating activities was ($363,763) compared to ($586,973) for nine months ended September 30, 2024. Cash used in operating activities for the nine months ended September 30, 2025 was primarily the result of a $949,111 net loss.

***Cashflow from Investing Activities***

During the nine months ended September 30, 2025, cash provided by (used in) investing activities was ($2,573) compared to $0 for nine months ended September 30, 2024. Cash used in investing activities for the nine months ended September 30, 2025 was primarily the result of property and equipment purchased totaling $2,573.

***Cashflow from Financing Activities***

During the nine months ended September 30, 2025, cash provided by financing activities was $366,336 compared to $587,015 for the nine months ended September 30, 2024. Cash provided by financing activities for the nine months ended September 30, 2025 was primarily the result of proceeds from convertible notes payable.

***Off-Balance Sheet Arrangements***

We have no significant off-balance sheet arrangements that have or are reasonably likely to have a current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources that are material to stockholders.

**Going Concern**

Our consolidated financial statements for the period ended September 30, 2025, have been prepared on a going concern basis and Note 2 to the financial statements identifies issues that raise substantial doubt about our ability to continue as a going concern. Our consolidated financial statements do not include any adjustments that might result from the outcome of this uncertainty.

***Recently Issued Accounting Pronouncements***

**Accounting Standards Issued**

All other ASUs issued but not yet adopted were assessed and determined to be either not applicable or are not expected to have a material impact on our consolidated financial statements or financial statement disclosures.

**<u>Segment reporting policy</u>**

In November 2023, the FASB issued Accounting Standards Update 2023-07 – Segment Reporting (Topic ASC 280) Improvements to Reportable Segment Disclosures. The ASU improves reportable segment disclosure requirements, primarily through enhanced disclosure about significant segment expenses. The enhancements under this update require disclosure of significant segment expenses that are regularly provided to the Chief Operating Decision Maker ("CODM") and included within each reported measure of segment profit or loss, require disclosure of *other segment items* by reportable segment and a description of the composition of *other segment items*, require annual disclosures under ASC 280 to be provided in interim periods, clarify use of more than one measure of segment profit or loss by the CODM, require that the title of the CODM be disclosed with an explanation of how the CODM uses the reported measures of segment profit or loss to make decisions, and require that entities with a single reportable segment provide all disclosures required by this update and required under ASC 280. The Company adopted ASU 2023-07 for the annual period ending December 31, 2024.

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The Company's Chief Executive Officer serves as the Chief Operating Decision Maker ("CODM") and evaluates the financial performance of the business and makes resource allocation decisions on a consolidated basis. As a result, the Company operates as a single reportable segment under ASC 280, Segment Reporting, defined by the CODM as centered on innovative and proprietary nutritional and dietary fitness enhancement products, that are in the sports performance, weight loss, nutritional, functional beverage, and energy markets. The Company's operations include a first to market functional sports beverage called B.Y.L.T.<sup>®</sup> (acronym for Beyond Your Limit Training), which is managed centrally.

The CODM assesses financial performance based on revenue, operating profit, and key operating expenses.

**Item 3. Quantitative and Qualitative Disclosures About Market Risk.**

We are a smaller reporting company as defined by Rule 12b-2 of the Exchange Act and are not required to provide the information required under this item.

**Item 4. Controls and Procedures**

Disclosure Controls and Procedures

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is recorded, processed, summarized and reported, within the time period specified in the SEC's rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Securities Exchange Act of 1934 is accumulated and communicated to management including our principal executive officer/principal financial officer as appropriate, to allow timely decisions regarding required disclosure.

Management has carried out an evaluation of the effectiveness of the design and operation of our company's disclosure controls and procedures. Due to the lack of personnel and outside directors, management acknowledges that there are deficiencies in these controls and procedures. The Company anticipates that with further resources, the Company will expand both management and the board of directors with additional officers and independent directors in order to provide sufficient disclosure controls and procedures.

*Changes in Internal Control Over Financial Reporting*

There were no changes in our internal control over financial reporting (as defined in Rule 13a-15(f) or 15d-15(f)) during the nine months ended September 30, 2025 that have materially affected, or are reasonably likely to materially affect, our internal controls over financial reporting.

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**PART II - OTHER INFORMATION**

**ITEM 1. LEGAL PROCEEDINGS**

We are currently not involved in any litigation that we believe could have a material adverse effect on our financial condition or results of operations. There is no action, suit, proceeding, inquiry or investigation before or by any court, public board, government agency, self-regulatory organization or body pending or, to the knowledge of the executive officers of our Company or any of our subsidiaries, threatened against or affecting our Company, our common stock, any of our subsidiaries or of our companies or our subsidiaries' officers or directors in their capacities as such, in which an adverse decision could have a material adverse effect.

**ITEM 1A. RISK FACTORS**

There were no material changes during the period covered by this report to the risk factors previously disclosed in our S-1 Registration filed on October 2, 2018 (as amended) and declared Effective on April 23, 2019. Additional risks not presently known, or that we currently deem immaterial, also may have a material adverse effect on our business, financial condition and results of operations.

**ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**

For the nine months ended September 30, 2025, the Company issued 500,000 shares in the amount of $500,000 for the conversion of accounts payable. These shares were previously recorded as shares to be issued.

For the nine months ended September 30, 2025, the Company issued 68,992 shares for the conversion of a convertible note payable made within the terms of the agreement. These shares were previously recorded as shares to be issued.

For the nine months ended September 30, 2025, the Company issued 40,000 shares in the amount of $40,000 valued at $1 per share for consulting services.

For the nine months ended September 30, 2025, the Company retired 243,230 shares issued for services.

As of September 30, 2025, the Company had 12,429,646 common shares outstanding.

For the year ended December 31, 2024, the Company issued 1,059,257 shares in the amount of $1,059,257 valued at $1.00 per share for consulting services.

For the year ended December 31, 2024, the Company issued 299,572shares in the amount of $774,267 for the conversion of principal and accrued interest of convertible notes payable made within the terms of the agreement and no gain or loss results from it.

For the year ended December 31, 2024, the Company issued 160,300 shares in the amount of $663,000 for conversion of accounts payable.

For the year ended December 31, 2024, the Company issued 5,000 common shares in the amount of $5,000 as debt issuance cost.

For the year ended December 31, 2024, the Company retired 2,500,000 founder shares.

As of December 31, 2024, the Company had 12,063,884 common shares outstanding.

**ITEM 3. DEFAULTS UPON SENIOR SECURITIES**

None.

**ITEM 4. MINE SAFETY DISCLOSURE**

Not Applicable.

**ITEM 5. OTHER INFORMATION**

None.

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**ITEM 6. EXHIBITS**

**Exhibits.** The following is a complete list of exhibits filed as part of this Form 10-Q. Exhibit numbers correspond to the numbers in the Exhibit Table of Item 601 of Regulation S-K.

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| [31.1](elite_ex311.htm) | [Certification of Chief Executive Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of Sarbanes Oxley Act of 2002.](elite_ex311.htm) |
| [31.2](elite_ex312.htm) | [Certification of Chief Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 302 of Sarbanes Oxley Act of 2002.](elite_ex312.htm) |
| [32.1](elite_ex321.htm) | [Certification of Principal Executive Officer and Principal Financial Officer pursuant to 18 U.S.C. Section 1350, as adopted pursuant to Section 906 of Sarbanes Oxley Act of 2002.](elite_ex321.htm) |
| 101.INS | XBRL Instance Document (1) |
| 101.SCH | XBRL Taxonomy Extension Schema Document (1) |
| 101.CAL | XBRL Taxonomy Extension Calculation Linkbase Document (1) |
| 101.DEF | XBRL Taxonomy Extension Definition Linkbase Document (1) |
| 101.LAB | XBRL Taxonomy Extension Label Linkbase Document (1) |
| 101.PRE | XBRL Taxonomy Extension Presentation Linkbase Document (1) |

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(1) Pursuant to Rule 406T of Regulation S-T, this interactive data file is deemed not filed or part of a registration statement or prospectus for purposes of Sections 11 or 12 of the Securities Act of 1933, is deemed not filed for purposes of Section 18 of the Securities Exchange Act of 1934, and otherwise is not subject to liability under these sections.

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

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|  | **<u>ELITE PERFORMANCE HOLDING CORP.</u>** | **<u>ELITE PERFORMANCE HOLDING CORP.</u>** |
|  | **(Registrant)** | **(Registrant)** |
| Dated: November 14, 2025 | By: | */s/ Joey Firestone* |
|  |  | Joey Firestone |

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## Exhibit 31.1

**EXHIBIT 31.1**

**CERTIFICATION**

**OF PRINCIPAL FINANCIAL OFFICER**

**PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 302 OF**

**THE SARBANES-OXLEY ACT OF 2002**

I, Joey Firestone, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Elite Performance Holding Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's 4th quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 14, 2025

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| */s/ Joey Firestone* |
| Joey Firestone |
| Chief Financial Officer<br> (Principal Financial Officer<br> and Principal Accounting Officer) |

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## Exhibit 31.2

**EXHIBIT 31.2**

**CERTIFICATION**

**OF PRINCIPAL FINANCIAL OFFICER**

**PURSUANT TO 18 U.S.C. SECTION 1350, AS ADOPTED PURSUANT TO SECTION 302 OF**

**THE SARBANES-OXLEY ACT OF 2002**

I, Joey Firestone, certify that:

1. I have reviewed this quarterly report on Form 10-Q of Elite Performance Holding Corp.;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4. The registrant's other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a-15(f)) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter (the registrant's 4th quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting.

5. The registrant's other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: November 14, 2025

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| */s/ Joey Firestone* |
| Joey Firestone |
| Chief Financial Officer<br> (Principal Financial Officer<br> and Principal Accounting Officer) |

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## Exhibit 32.1

**EXHIBIT 32.1**

**CERTIFICATION**

**OF PRINCIPAL EXECUTIVE OFFICER AND**

**PRINCIPAL FINANCIAL OFFICER**

**PURSUANT TO 18 U. S. C. SECTION 1350, AS ADOPTED PURSUANT TO**

**SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002**

In connection with the Quarterly Report of Elite Performance Holding Corp. (the "Company") on Form 10-Q for the period ending September 30, 2025 as filed with the Securities and Exchange Commission on the date hereof (the "Report") I, Joey Firestone, Chief Executive Officer and Principal Executive Officer of the Company, certify, pursuant to 18 USC Section 1350, as adopted pursuant to Section 906 of the Sarbanes-Oxley Act of 2002, that to the best of my knowledge and belief:

(1) The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

(2) The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company.

Dated: November 14, 2025

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| */s/ Joey Firestone* |
| Joey Firestone |
| Chief Executive Officer and<br> Chief Financial Officer<br> (Principal Executive Officer,<br> Principal Accounting Officer<br> and Principal Financial Officer) |

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This certification accompanies the Report pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 and shall not, except to the extent required by the Sarbanes-Oxley Act of 2002, be deemed filed by the Company for purposes of Section 18 of the Securities Exchange Act of 1934, as amended.