Kaival Brands Innovations Group, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $0 | $0 | $0 | $3.7M | $7.8M | $7.4M | — | — |
| Accounts Receivable | $120.0K | $263.6K | $1.9M | $574.6K | $2.0M | $1.4M | $0 | — |
| Inventory | — | — | $4.1M | $1.2M | $15.3M | $6.4K | $0 | — |
| Total Current Assets | $669.3K | $4.5M | $6.9M | $9.1M | $30.1M | $8.8M | $0 | — |
| Property, Plant & Equipment | — | — | — | — | — | — | — | — |
| Goodwill | — | — | — | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | — | $10.7M | $11.5M | — | — | — | — | — |
| Total Assets | $669.3K | $16.0M | $19.4M | $12.4M | $30.2M | $8.9M | $0 | $0 |
| Liabilities | ||||||||
| Accounts Payable | $349.3K | $57.5K | $374.3K | $40.0K | $242.8K | — | — | — |
| Total Current Liabilities | $569.3K | $1.5M | $5.0M | $1.6M | $13.8M | $4.4M | $44.9K | $3.0K |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $569.3K | $2.2M | $5.8M | $2.6M | $13.9M | $4.5M | $44.9K | $3.0K |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-54.1M | $-37.5M | $-30.8M | $-19.6M | $-5.3M | $3.8M | $-73.2K | $-4.4K |
| Total Stockholders' Equity | $100.0K | $13.8M | $13.6M | $9.8M | $16.3M | $4.4M | $-44.9K | $-3.0K |