AMERICAN REBEL HOLDINGS INC
For the period ended Dec 31, 2024. Filed Apr 9, 2025.
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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.
FY2024 · Filed Apr 9, 2025
AREB$0.31-9.0%Stored close · as of Jul 8, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Statements of Cash Flows
| For the Years Ended | ||
|---|---|---|
| December 31, 2024 | December 31, 2023 | |
| CASH FLOW FROM OPERATING ACTIVITIES: | ||
| Net loss | (17,604,364) | (9,731,701) |
| Depreciation and amortization | 239,777 | 104,230 |
| Non-cash, in-kind interest settled | 518,928 | - |
| Gain on disposition of property | (6,179) | (1,900) |
| Compensation paid through issuance of common stock | - | 21,332 |
| Compensation paid through issuance of common stock – related parties | 656,250 | 812,500 |
| Goodwill and intangible assets impairment | - | 1,912,559 |
| Loss on debt extinguishment | 1,422,307 | |
| Gain on settlement of liability | - | (190,403) |
| Adjustments to reconcile net loss to cash (used in) operating activities: | ||
| Accounts receivable | 1,503,596 | (1,302,306) |
| Prepaid expense and other | (244,556) | 69,856 |
| Inventory | 1,019,060 | 1,446,401 |
| Inventory deposits | 21,968 | 95,583 |
| Lease deposits and other | (21,747) | (7,328) |
| Accounts payable | 2,428,978 | (217,085) |
| Accrued expenses | 1,416,470 | 284,298 |
| Accrued interest | 1,246,422 | (108,419) |
| Deferred revenue | 286,716 | - |
| Other assets and liabilities | - | (188,458) |
| Right-of-use lease liabilities | 98,050 | (30,100) |
| Net Cash used in Operating Activities | (7,018,324) | (7,030,941) |
| CASH FLOW FROM INVESTING ACTIVITIES: | ||
| Purchase of Champion Entities | - | (325,000) |
| Purchase of property and equipment | (3,090) | (6,300) |
| Net Cash (Used in) Investing Activities | (3,090) | (331,300) |
| CASH FLOW FROM FINANCING ACTIVITIES: | ||
| Proceeds from sale of common and preferred stock, net of offering costs | - | 312,405 |
| Proceeds from sale of warrant inducement, net of offering costs | - | 2,830,811 |
| Proceeds from sale of common stock and prefunded warrants, net of offering costs | - | 2,160,404 |
| Proceeds from exercise of prefunded warrants | - | 5,535 |
| Proceeds from line of credit | 535,200 | 1,456,929 |
| Proceeds from loans - officer - related party | 373,052 | 45,332 |
| Proceeds from loans - director - related party | 400,000 | - |
| Proceeds from issuance of Series D preferred stock | 236,250 | - |
| Repayments of working capital loans, net | (1,876,888) | - |
| Origination fees | (134,625) | |
| Proceeds from working capital loans, net | 6,698,943 | 1,341,767 |
| Net Cash Provided by Financing Activities | 6,231,932 | 8,153,183 |
| CHANGE IN CASH | (789,482) | 790,942 |
| CASH AT BEGINNING OF PERIOD | 1,077,028 | 286,086 |
| CASH AT END OF PERIOD | 287,546 | 1,077,028 |
| SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION | ||
| Cash paid for: | ||
| Interest | 295,053 | 415,472 |
| Income taxes | - | - |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.