Kaival Brands Innovations Group, Inc.
For the period ended Apr 30, 2026. Filed Jun 16, 2026.
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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, 2026 · Filed Jun 16, 2026
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 Operations
Consolidated Statements of Operations
| For the Three Months Ended April 30, | For the Six Months Ended April 30, | |||
|---|---|---|---|---|
| 2026 | 2025 | 2026 | 2025 | |
| Revenues | ||||
| Revenues, net | $— | $4,073 | $— | $46,755 |
| Royalty revenue | 37,530 | 42,972 | 130,468 | 202,893 |
| Total revenues, net | 37,530 | 47,045 | 130,468 | 249,648 |
| Gross profit | 37,530 | 47,045 | 130,468 | 249,648 |
| Operating expenses | ||||
| General and administrative expenses | 612,074 | 1,331,183 | 1,325,799 | 5,609,716 |
| Loss on ROU asset | — | 707,626 | — | 707,626 |
| Total operating expenses | 612,074 | 2,038,809 | 1,325,799 | 6,317,342 |
| Other expense | ||||
| Loss on disposal of furniture and equipment | — | (1,798) | — | (1,798) |
| Interest expense, net | — | (4,091) | — | (8,183) |
| Total other expense | — | (5,889) | — | (9,981) |
| Loss before income taxes provision | (574,544) | (1,997,653) | (1,195,331) | (6,077,675) |
| Benefit from income taxes | — | — | — | 18,942 |
| Net loss | $(574,544) | $(1,997,653) | $(1,195,331) | $(6,058,733) |
| Preferred stock dividend | — | — | — | (22,500) |
| Net loss attributable to common shareholder | $(574,544) | $(1,997,653) | $(1,195,331) | $(6,081,233) |
| Net loss per common share - basic and diluted | $(0.04) | $(0.17) | $(0.08) | $(0.58) |
| Weighted average number of common shares outstanding - basic and diluted | 15,625,290 | 11,542,302 | 14,347,096 | 10,506,114 |
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