10-Q
Quarterly Report
KAIVAL BRANDS INNOVATIONS GROUP, INC.
KAVL
NASDAQ
CIK: 1762239
File #: 000-56016
Balance Sheet
35 line items · 2 periods
XBRL
| Item | Jul 31, 2024 | Oct 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 4,524,989 | 533,659 |
Accounts Receivable | 522,183 | 1,869,276 |
Inventory | 200,364 | 4,071,824 |
Other Non-Operating Current Assets | 551,819 | 430,668 |
Total current assets | 5,799,355 | 6,905,427 |
Other Non-Operating Non-Current Assets | 2,321 | 2,842 |
Intangible assets, net | 10,878,511 | 11,468,309 |
Operating Lease Right-of-Use Asset | 860,416 | 1,008,428 |
TOTAL ASSETS | 17,540,603 | 19,385,006 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Accounts Payable | 73,334 | 374,332 |
Accounts payable - related party | 1,483,000 | 2,474,817 |
Short-Term Debt | 371,566 | 799,471 |
Other Current Liabilities | 701,329 | 736,194 |
Other Current Liabilities | 461,718 | 392,406 |
Operating lease obligation - short term | 199,012 | 184,568 |
Total current liabilities | 3,289,959 | 4,961,788 |
LONG TERM LIABILITIES | ||
Operating Lease Liability, Non-Current | 715,749 | 866,207 |
TOTAL LIABILITIES | 4,005,708 | 5,827,995 |
STOCKHOLDERS’ EQUITY | ||
Series A Preferred Stock | 0 | 0 |
Series B Preferred Stock | 900 | 900 |
Total Stockholders' Equity | 6,784 | 2,793 |
Total Stockholders' Equity | 49,503,884 | 44,317,266 |
Total Stockholders' Equity | (35,976,673) | (30,763,948) |
TOTAL STOCKHOLDERS’ EQUITY | 13,534,895 | 13,557,011 |
Convertible Preferred Stock Series B | 900 | 900 |
Common Stock | 6,784 | 2,793 |
Additional Paid-in Capital | 49,503,884 | 44,317,266 |
Retained Earnings | (35,976,673) | (30,763,948) |
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY | 17,540,603 | 19,385,006 |