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 Statements of Cash Flows
Consolidated Statements of Cash Flows
| For the Three Months Ended | For the Three Months Ended | |
|---|---|---|
| January 31, 2025 | January 31, 2024 | |
| CASH FLOWS FROM OPERATING ACTIVITIES | ||
| Net loss | $(4,061,080) | $(2,113,686) |
| Adjustments to reconcile net loss to net cash used in operating activities: | ||
| Stock based compensation | 2,873,750 | 62,000 |
| Depreciation and amortization | 196,776 | 196,773 |
| Make-whole provision | 39,283 | — |
| Amortization of debt discount | — | 111,239 |
| Loss on extinguishment of debt | — | 98,432 |
| Stock options expense | 31,302 | 309,958 |
| ROU operating lease expense | 50,928 | 48,834 |
| Write-off of inventory | — | 319 |
| Changes in current assets and liabilities: | ||
| Accounts receivable | 56,714 | 1,125,315 |
| Prepaid expenses | 154,429 | 61,641 |
| Inventory | — | 2,013,435 |
| Inventory deposit – related party | — | (273,060) |
| Accounts payable | (51,861) | (69,737) |
| Accounts payable - related party | (50,254) | (1,061,126) |
| Accrued expenses | (96,625) | (108,252) |
| Customer deposits | — | 50,000 |
| Customer refunds due | — | (162,858) |
| Operating lease obligations | (49,101) | (44,340) |
| Net cash (used in) provided by operating activities | (905,739) | 244,887 |
| CASH FLOWS FROM INVESTING ACTIVITIES | ||
| Net cash used in investing activities | — | — |
| CASH FLOWS FROM FINANCING ACTIVITIES | ||
| Proceeds from loans payable | — | 1,106,731 |
| Payments on loans payable | (163,949) | (1,293,984) |
| Payments on preferred dividend | (405,000) | — |
| Net cash used in financing activities | (568,949) | (187,253) |
| Net change in cash | (1,474,688) | 57,634 |
| Beginning cash balance | 3,902,300 | 533,659 |
| Ending cash balance | $2,427,612 | $591,293 |
| SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: | ||
| Interest paid | $4,092 | $111,239 |
| Income taxes paid | $— | $— |
| NON-CASH TRANSACTIONS | ||
| Preferred stock dividend | $22,500 | $67,500 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.