10-Q
Quarterly Report
KAIVAL BRANDS INNOVATIONS GROUP, INC.
KAVL
NASDAQ
CIK: 1762239
File #: 000-56016
Balance Sheet
32 line items · 2 periods
XBRL
| Item | Jan 31, 2025 | Oct 31, 2024 |
|---|---|---|
ASSETS | ||
CURRENT ASSETS | ||
Cash and Cash Equivalents | 2,427,612 | 3,902,300 |
Accounts Receivable | 206,857 | 263,571 |
Other Non-Operating Current Assets | 189,883 | 344,312 |
Total current assets | 2,824,352 | 4,510,183 |
Other Non-Operating Non-Current Assets | 1,972 | 2,146 |
Intangible assets, net | 10,485,309 | 10,681,911 |
Operating Lease Right-of-Use Asset | 759,108 | 810,036 |
TOTAL ASSETS | 14,070,741 | 16,004,276 |
LIABILITIES AND STOCKHOLDERS’ EQUITY | ||
CURRENT LIABILITIES | ||
Accounts Payable | 5,635 | 57,496 |
Accounts payable - related party | 81,429 | 131,683 |
Short-Term Debt | 43,667 | 207,616 |
Other Current Liabilities | 485,759 | 925,601 |
Operating lease obligation - short term | 208,917 | 203,937 |
Total current liabilities | 825,407 | 1,526,333 |
LONG TERM LIABILITIES | ||
Operating Lease Liability, Non-Current | 608,190 | 662,271 |
TOTAL LIABILITIES | 1,433,597 | 2,188,604 |
STOCKHOLDERS’ EQUITY | ||
Series B Preferred Stock | 900 | 900 |
Total Stockholders' Equity | 11,542 | 8,517 |
Total Stockholders' Equity | 54,149,012 | 51,269,485 |
Total Stockholders' Equity | (41,524,310) | (37,463,230) |
TOTAL STOCKHOLDERS’ EQUITY | 12,637,144 | 13,815,672 |
Convertible Preferred Stock Series B | 900 | 900 |
Common Stock | 11,542 | 8,517 |
Additional Paid-in Capital | 54,149,012 | 51,269,485 |
Retained Earnings | (41,524,310) | (37,463,230) |
TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY | 14,070,741 | 16,004,276 |