Ehave, Inc. Files 20-F/A Amendment

TL;DR

<b>Ehave, Inc. has filed an amendment to its 20-F filing for the fiscal year ending December 31, 2021.</b>

AI Summary

Ehave, Inc. (EHVVF) filed a Amended Foreign Annual Report (20-F/A) with the SEC on March 21, 2024. Ehave, Inc. filed a 20-F/A amendment on March 21, 2024. The filing pertains to the fiscal year ending December 31, 2021. The company's central index key is 0001653606. Ehave, Inc. is classified under SIC code 7371 (Services-Computer Programming Services). The filing includes details on common stock, retained earnings, and total equity for fiscal years 2019, 2020, and 2021.

Why It Matters

For investors and stakeholders tracking Ehave, Inc., this filing contains several important signals. This amendment provides updated financial information and disclosures for the specified fiscal year, which is crucial for investors to assess the company's financial health and performance. As a 20-F/A filing, it indicates a revision or supplement to previously submitted information, suggesting potential changes or clarifications that investors should review.

Risk Assessment

Risk Level: low — Ehave, Inc. shows low risk based on this filing. The filing is an amendment (20-F/A) which suggests that previously submitted information may have been incomplete or inaccurate, requiring correction or clarification.

Analyst Insight

Investors should review the specific changes and clarifications made in this 20-F/A filing to understand any material updates to Ehave, Inc.'s financial position or disclosures.

Key Numbers

• 2021-12-31 — Fiscal Year End (Conformed period of report)
• 2024-03-21 — Filing Date (Date of filing)
• 7371 — SIC Code (Computer Programming Services)
• 000-56146 — SEC File Number (SEC file number for Ehave, Inc.)

Key Players & Entities

• Ehave, Inc. (company) — Filer name
• 2024-03-21 (date) — Filing date
• 2021-12-31 (date) — Conformed period of report
• 0001653606 (company) — Central Index Key
• 7371 (industry) — Standard Industrial Classification
• 2020 WINSTON PARK DRIVE (address) — Business address
• Oakville (location) — Business address city
• EHVVF (ticker) — Ticker symbol

FAQ

Industry Context

Ehave, Inc. operates in the computer programming services industry, focusing on software development and related services.

Regulatory Implications

The filing is made under the Securities Exchange Act of 1934, requiring foreign private issuers to submit annual reports.

What Investors Should Do

1. Review the specific amendments and disclosures in the 20-F/A filing.
2. Analyze the financial data presented for the fiscal year ending December 31, 2021.
3. Compare the amended information with previous filings to identify significant changes.

Key Dates

• 2021-12-31: Fiscal Year End — Reporting period for the financial data in the filing.
• 2024-03-21: Filing Date — Date the 20-F/A amendment was filed with the SEC.

Year-Over-Year Comparison

This is an amendment (20-F/A) to a previous filing, indicating updates or corrections to the original submission.

Key Financial Figures

• $2,029,861 — nal stock-based compensation expense of $2,029,861 in relation to the Warrant. The cash co
• $1.07 b — our total annual gross revenues exceed $1.07 billion, (ii) the date that we become a "
• $700 million — that is held by non-affiliates exceeds $700 million as of the last business day of our most
• $1 billion — date on which we have issued more than $1 billion in non-convertible debt during the prec
• $3,014,000 — we raised an aggregate of approximately $3,014,000 to fund our operations, from the issuan
• $1,768,700 — issory notes in the principal amount of $1,768,700, in the aggregate. The principal amount
• $224,000 — ggregate. The principal amount includes $224,000 of original issue discount and 7,438,33
• $0.01 — ,333 warrants with an exercise price of $0.01 per share. The term of the notes are be
• $1,469,004 — r ended December 31, 2021, we converted $1,469,004 of principal debt and interest, and iss
• $11,481,906 — t operating losses. Our net losses were $11,481,906 and $3,514,736 for the years ended Dece
• $3,514,736 — es. Our net losses were $11,481,906 and $3,514,736 for the years ended December 31, 2021 a
• $29,966,387 — 2021, we had an accumulated deficit of $29,966,387. We expect to continue to incur signifi
• $5,167,305 — l and administrative expenses increased $5,167,305 to $9,088,841 for the year ended Decemb
• $9,088,841 — rative expenses increased $5,167,305 to $9,088,841 for the year ended December 31, 2021 co
• $3,921,536 — ear ended December 31, 2021 compared to $3,921,536 for the year ended December 31, 2020. T

Filing Documents

• form20fa.htm (20-F/A) — 1047KB
• 0001493152-24-010751.txt (&nbsp;) — 5520KB
• ehvvf-20211231.xsd (EX-101.SCH) — 41KB
• ehvvf-20211231_cal.xml (EX-101.CAL) — 43KB
• ehvvf-20211231_def.xml (EX-101.DEF) — 209KB
• ehvvf-20211231_lab.xml (EX-101.LAB) — 347KB
• ehvvf-20211231_pre.xml (EX-101.PRE) — 288KB
• form20fa_htm.xml (XML) — 824KB

SIGNATURES

SIGNATURES The registrant hereby certifies that it meets all of the requirements for filing on Form 20-F and that it has duly caused and authorized the undersigned to sign this annual report on its behalf. Date: March 21, 2024 EHAVE, INC. /s/ Ben Kaplan Ben Kaplan Chief Executive Officer /s/ Jay Cardwell Jay Cardwell Chief Financial Officer 6 INDEX TO CONSOLIDATED

FINANCIAL STATEMENTS

FINANCIAL STATEMENTS Page Financial Reports of Independent Registered Accounting Firm F – 2 Consolidated Balance Sheets as of December 31, 2021 and 2020 F – 4 Consolidated Statements of Operations and Other Comprehensive Loss for the years ended December 31, 2021 and 2020 F – 5 Consolidated Statements of Changes in Stockholders' Deficit for the years ended December 31, 2021 and 2020 F – 6 Consolidated Statements of Cash Flows for the years ended December 31, 2021 and 2020 F – 7 Notes to the Consolidated Financial Statements F – 8 F-1 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Directors and Stockholders EHAVE, Inc. Opinion on the Financial Statements We have audited the accompanying consolidated balance sheet of EHAVE, Inc. (the Company) as of December 31, 2021 and the related consolidated notes (collectively referred to as the consolidated financial statements). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2021, and the results of its operations and its cash flows for the year then ended, in conformity with accounting principles generally accepted in the United States of America. Consideration of the Company's Ability to Continue as a Going Concern The accompanying consolidated financial statements have been prepared assuming that the Company will continue as a going concern. The Company has suffered losses and has negative working capital which raises substantial doubt about its ability to continue as a going concern. Management's plans in regard to these matters are described in Note 2. The financial statements do not include any adjustments that might result from the outcome of this uncertainty. Basis for Opinion These consolidated financial stateme

View Full Filing

View this 20-F/A filing on SEC EDGAR