10-Q Filing

Kaival Brands Innovations Group, Inc. CIK: 1762239 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001599916-19-000140`
Period End Date	20190731
Filing Date	20190910
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	kavl-20190731.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 35 Income Statement 10 Cash Flow Statement 8 Stockholders Equity 18

Balance Sheet 35 line items

Line Item	Tag	Value	Unit	Period
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$30.65K	USD	Point-in-time
Preferred stock, share authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.00K	USD	Point-in-time
Preferred stock, share authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$30.65K	USD	Point-in-time
Preferred stock, share issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.00K	USD	Point-in-time
Preferred stock, share issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.00K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$30.65K	USD	Point-in-time
Preferred stock, share outsanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, share outsanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock ($.001 par value, 5,000,000 shares authorized, none issued and outstanding as of July 31, 2019 and October 31, 2018)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, share authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Preferred stock ($.001 par value, 5,000,000 shares authorized, none issued and outstanding as of July 31, 2019 and October 31, 2018)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, share authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock ($.001 par value, 1,000,000,000 shares authorized, 572,364,574 issued and outstanding as of July 31, 2019 and October 31, 2018)	`CommonStockValue`	$572.37K	USD	Point-in-time
Common stock, share issued	`CommonStockSharesIssued`	572.36M	shares	Point-in-time
Common stock, share issued	`CommonStockSharesIssued`	572.36M	shares	Point-in-time
Common stock ($.001 par value, 1,000,000,000 shares authorized, 572,364,574 issued and outstanding as of July 31, 2019 and October 31, 2018)	`CommonStockValue`	$572.37K	USD	Point-in-time
Common stock, share outstanding	`CommonStockSharesOutstanding`	572.36M	shares	Point-in-time
Common stock, share outstanding	`CommonStockSharesOutstanding`	572.36M	shares	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$-570.99K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$-553.32K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-49.70K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.38K	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquity`	$-30.65K	USD	Point-in-time
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	-	USD	Point-in-time

Income Statement 10 line items

Line Item	Tag	Value	Unit	Period
General and administrative	`GeneralAndAdministrativeExpense`	$27.14K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$45.32K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$27.14K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$45.32K	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-27.14K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-45.32K	USD	3 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	3 Qtrs
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	572.36M	shares	3 Qtrs
Weighted average number of common shares outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	572.36M	shares	1 Quarter

Cash Flow Statement 8 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-27.14K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-45.32K	USD	3 Qtrs
Expenses contributed to capital	`ProceedsFromContributionsFromAffiliates`	$17.67K	USD	3 Qtrs
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$27.65K	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	3 Qtrs
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	3 Qtrs
Interest paid	`InterestPaidNet`	-	USD	3 Qtrs
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	3 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`Balance`	$-3.00K	USD	Point-in-time
Beginning Balance	`Balance`	$-9.03K	USD	Point-in-time
Beginning Balance	`Balance`	$-3.00K	USD	Point-in-time
Beginning Balance	`Balance`	$-30.65K	USD	Point-in-time
Beginning Balance	`Balance`	$-9.75K	USD	Point-in-time
Expenses paid on behalf of the Company and contributed to capital	`Expensespaid`	$7.21K	USD	2 Qtrs
Expenses paid on behalf of the Company and contributed to capital	`Expensespaid`	$5.51K	USD	1 Quarter
Expenses paid on behalf of the Company and contributed to capital	`Expensespaid`	$7.21K	USD	1 Quarter
Expenses paid on behalf of the Company and contributed to capital	`Expensespaid`	$4.95K	USD	1 Quarter
Net loss	`Netloss`	$-4.22K	USD	1 Quarter
Net loss	`Netloss`	$-13.96K	USD	1 Quarter
Net loss	`Netloss`	$-27.14K	USD	1 Quarter
Net loss	`Netloss`	$-13.96K	USD	2 Qtrs
Ending Balance	`Balance`	$-3.00K	USD	Point-in-time
Ending Balance	`Balance`	$-9.03K	USD	Point-in-time
Ending Balance	`Balance`	$-3.00K	USD	Point-in-time
Ending Balance	`Balance`	$-30.65K	USD	Point-in-time
Ending Balance	`Balance`	$-9.75K	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.