The restatement is administrative and does not change the company's financial trajectory. Monitor the next 10-Q for revenue growth from the AIG-F&B and Aqua Emergency subsidiaries, the outcome of the Templeton litigation (claim >$300,000), and the deferred Wyoming Bears acquisition. The going concern risk and material weaknesses remain key overhangs.
Price Chart
Executive Summary
Sentient Brands Holdings filed an amended 10-Q/A to restate the Condensed Consolidated Statements of Changes in Stockholders' Deficit and Cash Flows for Q1 2025, correcting errors in interest calculation, derivative recognition, and management fee accruals. The restatement had no impact on previously reported statements of operations, total assets, or total liabilities. The underlying Q1 2026 results show revenue of $230,711 (from zero a year ago) and a reduced net loss of $93,076, but the company continues to face a going concern risk with an accumulated deficit of $6.4 million and a working capital deficit of $4.0 million.
Key Facts
- Amendment restates only the Statements of Changes in Stockholders' Deficit and Cash Flows for Q1 2025; no impact on operations or balance sheet totals.
- Restatement corrects $28,556 of additional interest expense, $36,466 derivative loss, and $117,760 in unaccrued management fees for Q1 2025.
- Q1 2026 revenue was $230,711 vs $0 in Q1 2025; net loss improved to $93,076 from $472,226.
- Cash balance was $44,468 at March 31, 2026; working capital deficit was $3,991,762 including $2,640,712 in acquisition credits.
- Going concern doubt remains; CEO George Furlan resigned May 1, 2026, replaced by Serge Knazev as interim CEO.
- Three material weaknesses in internal controls over financial reporting persist.
Financial Impact
Restatement had no impact on total assets, liabilities, or operations. Underlying Q1 2026 net loss of $93,076 on revenue of $230,711.
Risk Factors
- Going concern uncertainty with accumulated deficit of $6.4 million and working capital deficit of $4.0 million.
- Legal dispute with former contractor Gregg Templeton with claim exceeding $300,000; company has accrued only $54,525.
- Three material weaknesses in internal controls over financial reporting.
- Deferred acquisition of Wyoming Bears, Inc. (now expected July 1, 2026) adds execution risk.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 8 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 10-Q/A Filing (Primary) | 0001493152-26-028707 |
| Exhibit: ex31-2.htm | 0001493152-26-028707 |
| Exhibit: ex31-1.htm | 0001493152-26-028707 |
| Exhibit: ex32-1.htm | 0001493152-26-028707 |
| Exhibit: ex32-2.htm | 0001493152-26-028707 |
| Document: 0001493152-26-028707-index-headers.html | 0001493152-26-028707 |
| Document: 0001493152-26-028707-index.html | 0001493152-26-028707 |
| Document: 0001493152-26-028707.txt | 0001493152-26-028707 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 8, 2026 18d ago | 8-K | $0.3368 | awaiting T+60 | — | $0.4000 (+18.76%) |
Jul 10, 2026 15w ago | 8-K | $0.3500 $0.3408 | ▼ −2.64% | ▼ −5.53% | $0.4000 (+14.29%) |
Jun 22, 2026 18w ago | 8-K | $0.5000 $0.3500 | ▼ −30.00% | ▼ −32.22% | $0.4000 (−20.00%) |
Jun 15, 2026 19w ago | 10-Q/A | $0.3700 $0.3500 | ▼ −5.41% | ▼ −6.67% | $0.4000 (+8.11%) |
May 4, 2026 25w ago | 8-K | $0.0510 $0.2500 | ▲ +390.20% | ▲ +388.34% | $0.4000 (+684.31%) |
Feb 24, 2026 34w ago | 8-K | $0.1330 $0.0410 | ▼ −69.17% | ▼ −75.92% | $0.4000 (+200.75%) |
US Market Status
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