10-Q Filing

Kaival Brands Innovations Group, Inc. CIK: 1762239 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001599916-20-000042`
Period End Date	20200131
Filing Date	20200316
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	kavl-20200131.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 40 Income Statement 10 Cash Flow Statement 22 Stockholders Equity 12

Balance Sheet 40 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
Cash	`Cash`	-	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
Cash	`Cash`	$285.00	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	-	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	-	shares	Point-in-time
Total Current Assets	`AssetsCurrent`	$285.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	$285.00	USD	Point-in-time
TOTAL ASSETS	`Assets`	-	USD	Point-in-time
Preferred stock, shares outsanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Preferred stock, shares outsanding	`PreferredStockSharesOutstanding`	-	shares	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$44.89K	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$31.65K	USD	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
Total Current Liabilities	`LiabilitiesCurrent`	$44.89K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Total Current Liabilities	`LiabilitiesCurrent`	$31.65K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	572.36M	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$44.89K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	572.36M	shares	Point-in-time
TOTAL LIABILITIES	`Liabilities`	$31.65K	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	572.36M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	572.36M	shares	Point-in-time
Preferred stock ($.001 par value, 5,000,000 shares authorized, none issued and outstanding as of January 31, 2020 and October 31, 2019)	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock ($.001 par value, 5,000,000 shares authorized, none issued and outstanding as of January 31, 2020 and October 31, 2019)	`PreferredStockValue`	-	USD	Point-in-time
Common stock ($.001 par value, 1,000,000,000 shares authorized, 572,364,574 issued and outstanding as of January 31, 2020 and October 31, 2019)	`CommonStockValue`	$572.37K	USD	Point-in-time
Common stock ($.001 par value, 1,000,000,000 shares authorized, 572,364,574 issued and outstanding as of January 31, 2020 and October 31, 2019)	`CommonStockValue`	$572.37K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$-544.03K	USD	Point-in-time
Additional paid in capital	`AdditionalPaidInCapital`	$-517.57K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-86.16K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-73.22K	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquity`	$-31.36K	USD	Point-in-time
Total Stockholders' deficit	`StockholdersEquity`	$-44.89K	USD	Point-in-time
TOTAL LIABILITIES & STOCKHOLDERS' DEFICIT	`LiabilitiesAndStockholdersEquity`	$285.00	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`	$13.96K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.93K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.93K	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$13.96K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-13.96K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.93K	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Basic and diluted loss per share	`EarningsPerShareBasicAndDiluted`	-	USD	1 Quarter
Weighted average number of common shares outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	572.36M	shares	1 Quarter
Weighted average number of common shares outstanding - Basic and Diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	572.36M	shares	1 Quarter

Cash Flow Statement 22 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-13.96K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-12.93K	USD	1 Quarter
Expenses contributed to capital	`ProceedsFromContributionsFromAffiliates`	$26.46K	USD	1 Quarter
Expenses contributed to capital	`ProceedsFromContributionsFromAffiliates`	$7.21K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$6.75K	USD	1 Quarter
Accrued expenses	`IncreaseDecreaseInAccruedLiabilities`	$-13.24K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$285.00	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	-	USD	1 Quarter
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	-	USD	1 Quarter
Net change in cash	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$285.00	USD	1 Quarter
Beginning cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Beginning cash balance	`CashAndCashEquivalentsAtCarryingValue`	$285.00	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`	$285.00	USD	Point-in-time
Ending cash balance	`CashAndCashEquivalentsAtCarryingValue`	-	USD	Point-in-time
Interest paid	`InterestPaidNet`	-	USD	1 Quarter
Interest paid	`InterestPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid	`IncomeTaxesPaidNet`	-	USD	1 Quarter

Stockholders Equity 12 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance (Value)	`Balance`	$-31.36K	USD	Point-in-time
Beginning Balance (Value)	`Balance`	$-3.00K	USD	Point-in-time
Beginning Balance (Value)	`Balance`	$-9.75K	USD	Point-in-time
Beginning Balance (Value)	`Balance`	$-44.89K	USD	Point-in-time
Expenses paid on behalf of the Company and contributed to capital	`Expensespaidonbehalfofcompany`	$26.46K	USD	1 Quarter
Expenses paid on behalf of the Company and contributed to capital	`Expensespaidonbehalfofcompany`	$7.21K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-13.96K	USD	1 Quarter
Net Loss	`NetIncomeLoss`	$-12.93K	USD	1 Quarter
Ending Balance (Value)	`Balance`	$-31.36K	USD	Point-in-time
Ending Balance (Value)	`Balance`	$-3.00K	USD	Point-in-time
Ending Balance (Value)	`Balance`	$-9.75K	USD	Point-in-time
Ending Balance (Value)	`Balance`	$-44.89K	USD	Point-in-time

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