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AMERICAN REBEL HOLDINGS INC

For the period ended Dec 31, 2024. Filed Apr 9, 2025.

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About this filing

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.

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Statements of Operations

For the Year Ended
December 31, 2024December 31, 2023
Revenue11,420,26815,998,196
Cost of goods sold11,539,90514,199,260
Gross margin(119,637)1,798,936
Expenses:
Consulting/payroll and other costs2,039,7773,598,839
Compensation expense – officers – related party-518,107
Compensation expense – officers – deferred comp – related party656,250812,500
Rental expense, warehousing, outlet expense468,739871,032
Product development costs385,800132,528
Marketing and brand development costs2,354,8091,318,890
Administrative and other6,049,5553,207,806
Depreciation and amortization expense145,548104,229
Total operating expenses12,100,47810,563,931
Operating loss(12,220,115)(8,764,995)
Other Income (Expense)
Interest expense(3,969,485)(363,567)
Interest income1,3643,780
Employee retention credit funds, net of costs to collect-1,113,337
Gain/(loss) on sale of equipment6,1791,900
Impairment adjustment – goodwill and intangible assets-(1,912,559)
Loss on debt extinguishment(1,422,307)-
Gain on settlement of liability-190,403
Net loss before income tax provision(17,604,364)(9,731,701)
Provision for income tax--
Net loss(17,604,364)(9,731,701)
Basic and diluted loss per share(306.91)(857.02)
Weighted average common shares outstanding - basic and diluted57,36011,355
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.