10-K Filing

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

Filing Information

Form Type	10-K
Accession Number	`0001599916-20-000015`
Period End Date	20191031
Filing Date	20200127
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	kavl-20191031.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 36 Income Statement 10 Cash Flow Statement 26 Stockholders Equity 22

Balance Sheet 36 line items

Line Item	Tag	Value	Unit	Period
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
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$3.00K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$44.89K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$44.89K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$3.00K	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$44.89K	USD	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$3.00K	USD	Point-in-time
Preferred stock, shares outsanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outsanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Preferred stock ($.001 par value, 5,000,000 shares authorized, none issued and outstanding as of October 31, 2019 and 2018)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Preferred stock ($.001 par value, 5,000,000 shares authorized, none issued and outstanding as of October 31, 2019 and 2018)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	572.36M	shares	Point-in-time
Common stock ($.001 par value, 1,000,000,000 shares authorized, 572,364,574 issued and outstanding as of October 31, 2019 and 2018)	`CommonStockValue`	$572.37K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	572.36M	shares	Point-in-time
Common stock ($.001 par value, 1,000,000,000 shares authorized, 572,364,574 issued and outstanding as of October 31, 2019 and 2018)	`CommonStockValue`	$572.37K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$-570.99K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$-544.03K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	572.36M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	572.36M	shares	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-4.38K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-73.22K	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquity`	$-3.00K	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquity`	$-44.89K	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`	$4.38K	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$68.85K	USD	Annual
Total operating expenses	`OperatingExpenses`	$68.85K	USD	Annual
Total operating expenses	`OperatingExpenses`	$4.38K	USD	Annual
Net loss	`NetIncomeLoss`	$-68.85K	USD	Annual
Net loss	`NetIncomeLoss`	$-4.38K	USD	Annual
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	Annual
Weighted average number of common shares outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	572.36M	shares	Annual
Weighted average number of common shares outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	155.13M	shares	Annual

Cash Flow Statement 26 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-68.85K	USD	Annual
Net loss	`NetIncomeLoss`	$-4.38K	USD	Annual
Expenses contributed to capital	`ProceedsFromContributionsFromAffiliates`	$1.38K	USD	Annual
Expenses contributed to capital	`ProceedsFromContributionsFromAffiliates`	$26.96K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$41.89K	USD	Annual
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$3.00K	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	Annual
Beginning cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Ending cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	Annual
Interest paid	`InterestPaidNet`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	Annual
Preferred Series A & B and common shares issued in reorganization	`StockIssuedDuringPeriodValueOther`	$67.47K	USD	Annual
Preferred Series A & B and common shares issued in reorganization	`StockIssuedDuringPeriodValueOther`	-	USD	Annual
Preferred Series B and common shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	$500.40K	USD	Annual
Preferred Series B and common shares issued for services	`StockIssuedDuringPeriodValueIssuedForServices`	-	USD	Annual
Conversion of Preferred Series A & B into common shares	`Conversionofpreferredshares`	$4.50K	USD	Annual
Conversion of Preferred Series A & B into common shares	`Conversionofpreferredshares`	-	USD	Annual

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`Balance`	$-44.89K	USD	Point-in-time
Beginning Balance	`Balance`	-	USD	Point-in-time
Beginning Balance	`Balance`	$-3.00K	USD	Point-in-time
Beginning Balance Shares	`Balanceshares`	-	shares	Point-in-time
Beginning Balance Shares	`Balanceshares`	-	shares	Point-in-time
Beginning Balance Shares	`Balanceshares`	-	shares	Point-in-time
Shares issued in reorganization (value at par)	`Sharesissuedinreorganizationvalue`	-	USD	Annual
Shares issued in reorganization (shares)	`Sharesissuedinreorgshares`	-	shares	Annual
Issuance of preferred and common shares for services (value at par)	`Issuanceofpreferredandcommonvalue`	-	USD	Annual
Issuance of preferred and common shares for services (shares)	`StockIssuedDuringPeriodSharesIssuedForServices`	-	shares	Annual
Conversion of preferred Series A & B into common shares (value at par)	`ConversionOfStockAmountConverted1`	-	USD	Annual
Conversion of preferred Series A & B into common shares (shares)	`ConversionOfPreferredSeriesBIntoCommonSharesShares`	-	shares	Annual
Expenses paid on behalf of the Company and contributed to capital	`Expensespaidonbehalfofcompany`	$1.38K	USD	Annual
Expenses paid on behalf of the Company and contributed to capital	`Expensespaidonbehalfofcompany`	$26.96K	USD	Annual
Net Loss	`NetIncomeLoss`	$-68.85K	USD	Annual
Net Loss	`NetIncomeLoss`	$-4.38K	USD	Annual
Ending Balance	`Balance`	$-44.89K	USD	Point-in-time
Ending Balance	`Balance`	-	USD	Point-in-time
Ending Balance	`Balance`	$-3.00K	USD	Point-in-time
Ending Balance (Shares)	`Balanceshares`	-	shares	Point-in-time
Ending Balance (Shares)	`Balanceshares`	-	shares	Point-in-time
Ending Balance (Shares)	`Balanceshares`	-	shares	Point-in-time

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