AMERICAN REBEL HOLDINGS INC
For the period ended Dec 31, 2023. Filed Apr 12, 2024.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2023 · Filed Apr 12, 2024
AREB$0.31-9.0%Stored close · as of Jul 8, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance Sheets
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS: | ||
| Cash and cash equivalents | $1,147,696 | $356,754 |
| Accounts receivable | 2,816,541 | 1,613,489 |
| Prepaid expense | 190,933 | 207,052 |
| Inventory | 5,787,993 | 7,421,696 |
| Inventory deposits | 315,083 | 309,684 |
| Total Current Assets | 10,258,246 | 9,908,675 |
| Property and Equipment, net | 360,495 | 456,525 |
| OTHER ASSETS: | ||
| Lease deposits and other | 83,400 | 18,032 |
| Right-of-use lease assets | 1,946,567 | 1,977,329 |
| Goodwill, net | 2,000,000 | 4,200,000 |
| Total Other Assets | 4,029,967 | 6,195,361 |
| TOTAL ASSETS | $14,648,708 | $16,560,561 |
| LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | ||
| CURRENT LIABILITIES: | ||
| Accounts payable and other payables | $1,978,768 | $2,305,077 |
| Accrued expense and other | 271,076 | 322,393 |
| Loan – Officers – related party | 45,332 | - |
| Loans – Working capital | 1,954,214 | 602,643 |
| Line of credit | 1,456,929 | - |
| Right-of-use lease liability, current | 1,039,081 | 992,496 |
| Total Current Liabilities | 6,745,400 | 4,222,609 |
| Right-of-use lease liability, long-term | 907,486 | 984,833 |
| TOTAL LIABILITIES | 7,652,886 | 5,207,442 |
| STOCKHOLDERS’ EQUITY (DEFICIT): | ||
| Preferred stock, $0.001 par value; 10,000,000 shares authorized; 200,000, and 175,000 issued and outstanding, respectively at December 31, 2023 and December 31, 2022 | - | - |
| Preferred Shares A | 125 | 100 |
| Preferred Shares B | 75 | 75 |
| Common Stock, $0.001 par value; 600,000,000 shares authorized; 9,004,920 and 677,221 issued and outstanding, respectively at December 31, 2023 and December 31, 2022 | 9,005 | 677 |
| Additional paid in capital | 52,200,211 | 45,465,077 |
| Accumulated deficit | (45,213,594) | (34,112,810) |
| TOTAL STOCKHOLDERS’ EQUITY (DEFICIT) | 6,995,822 | 11,353,119 |
| TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) | $14,648,708 | $16,560,561 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.