10-K
Annual Report
Kaival Brands Innovations Group, Inc.
KAVL
NASDAQ
CIK: 1762239
File #: 001-04641
Balance Sheet
41 line items · 2 periods
XBRL
| Item | Oct 31, 2023 | Oct 31, 2022 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS: | ||
Cash | 533,659 | 3,685,893 |
Accounts Receivable | 1,869,276 | 574,606 |
Other Non-Operating Current Assets | 0 | 1,539,486 |
Inventory | 4,071,824 | 1,239,725 |
Chief Executive Officer | 12,747,006 | 1,505,390 |
Other Non-Operating Current Assets | 430,668 | 426,407 |
Deferred Tax Assets, Current | 0 | 1,607,302 |
Total current assets | 6,905,427 | 9,073,419 |
Other Non-Operating Non-Current Assets | 2,842 | 0 |
Intangible assets, net | 11,468,309 | 0 |
Other Non-Operating Current Assets | 0 | 2,164,646 |
Operating Lease Right-of-Use Asset | 1,008,428 | 1,198,969 |
TOTAL ASSETS | 19,385,006 | 12,437,034 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES: | ||
Accounts Payable | 374,332 | 40,023 |
Accounts payable - related party | 2,474,817 | 0 |
Short-Term Debt | 799,471 | 0 |
Other Current Liabilities | 736,194 | 1,099,157 |
Other Current Liabilities | 0 | 44,973 |
Other Current Liabilities | 392,406 | 0 |
Other Current Liabilities | 0 | 235,274 |
Operating Lease Liability, Current | 184,568 | 166,051 |
Total current liabilities | 4,961,788 | 1,585,478 |
LONG TERM LIABILITIES: | ||
Operating Lease Liability, Non-Current | 866,207 | 1,050,776 |
TOTAL LIABILITIES | 5,827,995 | 2,636,254 |
STOCKHOLDERS’ EQUITY: | ||
Series A Preferred Stock | 0 | 0 |
Series B Preferred Stock | 900 | 0 |
Total Stockholders' Equity | 2,793 | 2,675 |
Total Stockholders' Equity | 44,317,266 | 29,429,281 |
Total Stockholders' Equity | (30,763,948) | (19,631,176) |
Total Stockholders’ Equity | 13,557,011 | 9,800,780 |
Series B Preferred Stocks | 900 | — |
Common Stock | 2,793 | 2,675 |
Additional Paid-in Capital | 44,317,266 | 29,429,281 |
Retained Earnings | (30,763,948) | (19,631,176) |
TOTAL LIABILITIES & EQUITY | 19,385,006 | 12,437,034 |