Exhibit 99.2

Safety Shot, Inc. and Yerbae Brands Corp.

Unaudited Pro Forma Condensed Combined Balance Sheet

As of December 31, 2024

	As of December 31, 2024						Transaction				As of December 31, 2024
	Safety Shot, Inc. (Historical)			Yerbae Brands Corp. (Historical)			Accounting Adjustments				Pro Forma Combined
ASSETS
Current assets:
Cash and cash equivalents	$	348,816		$	124,214		$	(124,214	)	A	$	348,816
Accounts receivable		283,561			364,886							648,447
Marketable securities		54,720			-							54,720
Inventory		233,510			676,020							909,530
Prepaid expenses		920,189			452,903							1,373,092
Investment in SRM & Affiliates		3,000			-							3,000
Investment in Yerbae Brands		225,000										225,000
Notes Receivable		511,557			-							511,557
Other current assets		-			150,000							150,000
Total current assets		2,580,353			1,768,023			(124,214	)			4,224,162
Non-current assets:
Right of Use assets		299,722			119,445							419,167
Goodwill		-			-			18,055,150		B		18,055,150
Intangible assets, net of amortization		4,364,321			-			2,728,000		C		7,092,321
Fixed assets, net of depreciation		94,007			26,470							120,477
Total non-current assets		4,758,050			145,915			20,783,150				25,687,115
TOTAL ASSETS	$	7,338,403		$	1,913,938		$	20,658,936			$	29,911,277
LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS’ DEFICIT
Accounts payable	$	2,218,810		$	2,377,758						$	4,596,568
Convertible note payable		5,250,000			-							5,250,000
Current portion of lease liability		212,964			131,563							344,527
Accrued liabilities		1,667,605			1,076,832			500,000		D		3,244,437
Covid-19 SBA Loan		47,928			-							47,928
Notes payable, current portion		-			3,989,533							3,989,533
Notes payable, related party		-			337,667							337,667
Advances		-			225,000							225,000
Total current liabilities		9,397,307			8,138,353			500,000				18,035,660
Non-current liabilities:
Long term portion of lease liability		114,148			23,544			-				137,692
Notes payable, non-current portion		-			10,977							10,977
Total non-current liabilities		114,148			34,521			-				148,669
Total liabilities		9,511,455			8,172,874			500,000				18,184,329
COMMITMENTS AND CONTINGENCIES
Stockholders’ equity (deficit):
Preferred stock, $0.001 par value, 100,000 shares authorized, of which none are issued and outstanding		-			-			-				-
Common stock, $0.001 par value, 250,000,000 shares authorized, of which 62,640,314 shares were issued and outstanding as of December 31, 2024		62,640			-			20,000		E		82,640
Preferred shares - 100,000,000 authorized, zero issued and outstanding as of December 31, 2024		-			-							-
Common shares - without par value, 63,085,228 shares issued and outstanding at December 31, 2024		-			-							-
Additional paid-in capital		110,856,719			38,847,388			14,380,000		E		125,236,719
								(38,847,388	)	F
Common stock payable		1,997,936			-							1,997,936
Accumlated deficit		(115,090,347	)		(45,106,324	)		45,106,324		F		(115,590,347	)
								(500,000	)	D
Total stockholders’ equity (deficit)		(2,173,052	)		(6,258,936	)		20,158,936				11,726,948
TOTAL LIABILITIES, TEMPORARY EQUITY AND STOCKHOLDERS’ EQUITY (DEFICIT)	$	7,338,403		$	1,913,938		$	20,658,936			$	29,911,277
Check		-			-			-				-

Adjustments to Unaudited Pro Forma Condensed Combined Balance Sheet

The pro forma adjustments included in the unaudited pro forma condensed combined balance sheet as of September 30, 2024 are as follows:

(A)	Reflects the removal of Yerbae’s cash and cash that will not be acquired as part of the transaction.
(B)	Represents goodwill recognized as as part of the transaction.
(C)	Represents the fair value of intangible asset recognized as part of the transaction.
(D)	Represents estimated transaction costs incurred related to the transactions subsequent to December 31, 2024. The transactions costs have been expensed in accordance with ASC 805.
(E)	Represents increase to equity based on the 20 million shares to be issued by the acquirer.
(F)	Represents reversal of Yerbae’s additional-paid-in-capital and accumulated deficit balance due to the acquisition.

Safety Shot Inc. and Yerbae Brands Corp.

Unaudited Pro Forma Condensed Combined Detailed Adjusted Statement of Operations

Year Ended December 31, 2024

	Year Ended December 31, 2024						Transaction				Year Ended December 31, 2024
	Safety Shot, Inc. (Historical)			Yerbae Brands Corp. (Historical)			Accounting Adjustments				Pro Forma Combined
Sales	$	701,967		$	5,905,541						$	6,607,508
Cost of sales		3,147,724			2,891,334			-				6,039,058
Gross profit		(2,445,757	)		3,014,207			-				568,450
Operating expenses:
General and administrative		39,611,915			11,058,479							50,670,394
Amortization								403,160		AA
Sales and marketing		-			1,239,443							1,239,443
Total operating costs and expenses		39,611,915			12,297,922			403,160				51,909,837
												-
Income (loss) from operations		(42,057,672	)		(9,283,715	)		(403,160	)			(51,744,547	)
Other income (expense):
Interest income		57,602			-							57,602
Interest expense		(175,927	)		(1,334,972	)						(1,510,899	)
Other income / (expense)		(5,373,426	)									(5,373,426	)
Unrecognized loss on equity investment		(862,407	)		-							(862,407	)
Total other income (expense)		(6,354,158	)		(1,334,972	)		-				(7,689,130	)
Net loss from continuing operations		(48,411,830	)		(10,618,687	)		(403,160	)			(59,433,677	)
Historical and pro forma shares outstanding		54,441,190										74,441,190
Historical and pro forma net loss per share based on continuting operations:
Basic and diluted	$	(0.91	)								$	(0.80	)

Adjustments to Unaudited Pro Forma Condensed Combined Statements of Operations

The pro forma adjustments included in the unaudited pro forma condensed combined statements of operations for the year ended December 31, 2024 are as follows:

(AA) Represents amortization of intantible assets stemming from tradenames-trade secrets and non-compete agreements. The non-compete agreements were fully amortized during the proforma period ending December 31, 2023.