Kaival Brands Innovations Group, Inc.
For the period ended Jan 31, 2025. Filed Mar 17, 2025.
View on SEC.govAbout 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.
Jan 31, 2025 · Filed Mar 17, 2025
KAVL$0.02-4.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Unaudited Consolidated Balance Sheets
Kaival Brands Innovations Group, Inc.
Consolidated Balance Sheets
| January 31, 2025 | October 31, 2024 | |
|---|---|---|
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash | $2,427,612 | $3,902,300 |
| Accounts receivable, net | 206,857 | 263,571 |
| Prepaid expenses | 189,883 | 344,312 |
| Total current assets | 2,824,352 | 4,510,183 |
| Fixed assets, net | 1,972 | 2,146 |
| Intangible assets, net | 10,485,309 | 10,681,911 |
| Right of use asset - operating lease | 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 |
| Loans payable, net | 43,667 | 207,616 |
| Accrued expenses | 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 obligation, net of current portion | 608,190 | 662,271 |
| TOTAL LIABILITIES | 1,433,597 | 2,188,604 |
| Commitments and Contingencies (Note 11) | — | — |
| STOCKHOLDERS’ EQUITY | ||
| Preferred stock; 5,000,000 shares authorized | ||
| Series A Convertible Preferred stock ($0.001 par value, 3,000,000 shares authorized, none issued and outstanding as of January 31, 2025 and October 31, 2024) | — | — |
| Series B Convertible Preferred stock ($0.001 par value, 900,000 shares authorized, 900,000 issued and outstanding as of January 31, 2025 and October 31, 2024) | 900 | 900 |
| Common stock ($.001 par value, 1,000,000,000 shares authorized, 11,542,302 and 8,517,302 shares issued and outstanding as of January 31, 2025 and October 31, 2024, respectively) | 11,542 | 8,517 |
| Additional paid-in capital | 54,149,012 | 51,269,485 |
| Accumulated deficit | (41,524,310) | (37,463,230) |
| TOTAL STOCKHOLDERS’ EQUITY | 12,637,144 | 13,815,672 |
| TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY | $14,070,741 | $16,004,276 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.