Company: KAVL
Filing Date: 2025-09-16
Form Type: 10-Q
Source: 0001731122-25-001266
Chunk: 8

Company: Kaival Brands Innovations Group, Inc.
Filing Date: 2025-09-16
Form: 10-Q
Item: Item 1
Chunk 8
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020,758) 
     120,821 

    CASH FLOWS FROM INVESTING ACTIVITIES 

    Net cash used in investing activities 
     —  
     — 

    CASH FLOWS FROM FINANCING ACTIVITIES 

    Proceeds from loans payable 
     —  
     1,106,732 
  
    Payments on loans payable 
     (207,616) 
     (2,271,613)
  
    Payment on preferred dividends 
     (405,000) 
     — 
  
    Payments on loans payable – related party 
        
     (218,787)
  
    Proceeds from the issuance of common stock, warrants, and pre-funded warrants 
     —  
     5,997,720 
  
    Payments for issuance costs 
     —  
     (744,993)
  
    Proceeds from exercises of pre-funded warrants 
     —  
     1,450 
  
    Net cash (used in) provided by financing activities 
     (612,616) 
     3,870,509 

    Net change in cash 
     (2,633,374) 
     3,991,330 
  
    Beginning cash balance 
     3,902,300  
     533,659 
  
    Ending cash balance 
    $1,268,926  
    $4,524,989 

    SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION: 

    Interest paid 
    $9,019

    $562,402 
  
    Income taxes paid 
    $—  
    $— 

    NON-CASH TRANSACTIONS 

    Preferred stock dividend 
    $22,500  
    $202,500 
  
    Cashless exercise of pre-funded warrants 
    $—  
    $724 
  
    Insurance financed by third party 
    $—  
    $475,481 
  
    Franchise fees paid by related party 
    $—  
    $218,787 

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

F-5

KAIVAL BRANDS INNOVATIONS GROUP, INC.

 Notes to Unaudited Consolidated Financial
Statements

Note 1 – Organization and Description of Business

Kaival Brands Innovations Group