10-K
Annual Report
Kaival Brands Innovations Group, Inc.
KAVL
NASDAQ
CIK: 1762239
File #: 001-04641
Balance Sheet
34 line items · 2 periods
XBRL
| Item | Oct 31, 2024 | Oct 31, 2023 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 3,902,300 | 533,659 |
Accounts Receivable | 263,571 | 1,869,276 |
Inventory | — | 4,071,824 |
Other Non-Operating Current Assets | 344,312 | 430,668 |
Total current assets | 4,510,183 | 6,905,427 |
Other Non-Operating Non-Current Assets | 2,146 | 2,842 |
Intangible assets, net | 10,681,911 | 11,468,309 |
Operating Lease Right-of-Use Asset | 810,036 | 1,008,428 |
TOTAL ASSETS | 16,004,276 | 19,385,006 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Accounts Payable | 57,496 | 374,332 |
Accounts payable - related party | 131,683 | 2,474,817 |
Short-Term Debt | 207,616 | 799,471 |
Other Current Liabilities | 925,601 | 736,194 |
Other Current Liabilities | 0 | 392,406 |
Operating lease obligation - short term | 203,937 | 184,568 |
Total current liabilities | 1,526,333 | 4,961,788 |
LONG TERM LIABILITIES | ||
Operating Lease Liability, Non-Current | 662,271 | 866,207 |
TOTAL LIABILITIES | 2,188,604 | 5,827,995 |
STOCKHOLDERS’ EQUITY | ||
Series B Preferred Stock | 900 | 900 |
Total Stockholders' Equity | 8,517 | 2,793 |
Total Stockholders' Equity | 51,269,485 | 44,317,266 |
Total Stockholders' Equity | (37,463,230) | (30,763,948) |
TOTAL STOCKHOLDERS’ EQUITY | 13,815,672 | 13,557,011 |
Convertible Preferred Stock Series B | 900 | 900 |
Common Stock | 8,517 | 2,793 |
Additional Paid-in Capital | 51,269,485 | 44,317,266 |
Retained Earnings | (37,463,230) | (30,763,948) |
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY | 16,004,276 | 19,385,006 |