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NutriBand Inc

For the period ended Apr 30, 2024. Filed May 31, 2024.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Apr 30, 2024 · Filed May 31, 2024

NTRB$5.96+7.4%Stored close · as of Nov 9, 2026

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.

FORM 10-Q

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended April 30,2024

OR

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the transition period from __________ to __________

Commission File Number 000-55654

NUTRIBAND INC.

(Exact name of registrant as specified in its charter)

NEVADA81-1118176
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
121 South Orange Ave., Suite 1500, Orlando, FL32801
(Address of Principal Executive Offices)(Zip Code)

(407) 377-6695

(Registrant’s Telephone Number, Including Area Code)

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading Symbol(s)Name of each exchange on which registered
Common StockNTRBThe Nasdaq Stock Market LLC
WarrantsNTRBWThe Nasdaq Stock Market LLC

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the Registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files). Yes ☐No ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act.

Large accelerated filer☐Accelerated filer☐
Non-accelerated filer☒Smaller reporting company☒
Emerging growth company☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☐ No☒

The number of shares outstanding of the issuer’s common stock, par value $0.001 per share, was 11,036,100 shares as of May 31, 2024.

NUTRIBAND INC.

INDEX

Page No.
Part I: Financial Information1
Item 1Financial Statements1
Condensed Consolidated Balance Sheets as of April 30, 2024 (unaudited) and January 31, 20242
Condensed Consolidated Statements of Operations for the three months ended April 30, 2024, and 2023 (unaudited)3
Consolidated Statements of Stockholders’ Equity for the three months ended April 30, 2024, and 2023 (unaudited)4
Condensed Consolidated Statements of Cash Flows for the nine months ended April 30, 2024, and 2023 (unaudited)5
Notes to Unaudited Condensed Consolidated Financial Statements6
Item 2Management’s Discussion and Analysis of Financial Condition and Results of Operations22
Item 3Quantitative and Qualitative Disclosures about Market Risk31
Item 4Controls and Procedures31
Part II: Other Information32
Item 1.Legal Proceedings32
Item 1ARisk Factors32
Item 6Exhibits34

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