SPLASH BEVERAGE GROUP, INC.

For the period ended Mar 31, 2025. Filed Jul 11, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Jul 11, 2025

EDVA$0.17-7.2%Stored close · as of Nov 10, 2026

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Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

For the Three Months Ended March 31, 2025 and 2024

(Unaudited)

	Three months ended March 31,
	2025	2024
Net revenues	$438,272	$1,540,680
Cost of goods sold	(468,715)	(1,377,065)
Gross profit	(30,443)	163,615
Operating expenses:
Contracted services	219,608	218,829
Salary and wages	1,012,103	1,234,926
Non-cash share-based compensation	140,762	556,672
Other general and administrative	586,194	1,201,031
Sales and marketing	43,430	202,454
Total operating expenses	2,002,097	3,413,912
Loss from continuing operations	(2,032,540)	(3,250,297)
Other income/(expense):
Other income	(1,845)	(1,495)
Amortization of debt discount	(978,721)	(886,838)
Interest Income	—	332
Interest expense	(637,345)	(532,599)
Total other expense	(1,617,911)	(1,420,600)
Provision for income taxes	—	—
Net loss from continuing operations, net of tax	(3,650,451)	(4,670,897)
Net loss	$(3,650,451)	$(4,670,897)
Other comprehensive loss foreign currency translation loss, net of tax	(47,070)	(7,437)
Total comprehensive loss	(3,697,521)	(4,678,334)
Loss per share - continuing operations
Basic and dilutive	$(1.97)	$(4.17)
Weighted average number of common shares outstanding - continuing operations
Basic and dilutive	1,857,211	1,119,846

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.