Company: KCRD
Filing Date: 2025-05-19
Form Type: 10-K
Source: 0001477932-25-003933
Chunk: 627

Company: Kindcard, Inc.
Filing Date: 2025-05-19
Form: 10-K
Item: Item 7A
Chunk 627
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-   (252,221 )  (252,221 )Balance, January 31, 2025  98,170,000  $98,170  $277,471  $(1,422,134 ) $(1,046,493 )

The accompanying notes are an integral part of these consolidated financial statements

 F-5Table of Contents

 Kindcard, Inc.

Consolidated Statements of Cash Flows

  For the Years Ended   January 31,2025  January 31,2024 Cash Flows from Operating Activities:      Net loss $(252,221 ) $(261,372 )Adjustments to reconcile net loss to net Cash used by operations        Stock issued for services  -   101,645 Depreciation and amortization - cost of goods sold  7,685   8,596 Depreciation and amortization - operations  80,191   73,826 Bad debt reserve  179   -    88,055   184,067 Decrease (increase) in operating assets/liabilities        Accounts receivable, net - unbilled  (14,350 )  24,148 Prepaid expenses  17,550   29,399 Accounts payable  36,535   15,868 Accrued expenses  2,047   (31,738 )Deferred revenue  -   (25,000 )Total Adjustments  129,837   196,744 Net cash (used in) provided by operating activities  (122,384 )  (64,628 )Cash flows from investing activities        Costs incurred to develop intellectual property  (15,225 )  (15,225 )Net cash used in investing activities  (15,225 )  (15,225 )Cash flows from financing activities        Shares issued for cash  -   25,000 Proceeds from related party loan  90,307   - Proceeds from notes payable, net  46,744   51,750 Net cash provided by financing activities  137,051   76,750 Net cash (decrease) increase for the year  (558 )  (3,103 )Cash at beginning of year  9,647   12,750