Company: KCRD
Filing Date: 2025-12-22
Form Type: 10-Q
Source: 0001477932-25-009119
Chunk: 61

Company: Kindcard, Inc.
Filing Date: 2025-12-22
Form: 10-Q
Item: Part II, Item 8
Chunk 61
---
, 2024. Total Cost of Sales for the three-month period ended October 31, 2025, was $33,873 resulting in a Gross Profit of $63,838 as compared to Total Cost of Sales for the three-month period ended October 31, 2024, of $25,262 resulting in a Gross Profit of $114,104. Operating Expenses for the three-month period ended October 31, 2025, were $108,719 resulting in Net Loss from Operations of $44,881. The net loss for the three-month period ended October 31, 2025, is comprised of General and Administrative Expenses of $106,883 and Depreciation and Amortization of $1,836, as compared to the Net loss for the three-month period ended October 31, 2024, of $7,588 which is comprised of General and Administrative Expenses of $101,327 and Depreciation and Amortization of $20,365. The changes in results of operations for the three-month period ended October 31, 2025 as compared to the three-month period ended October 31, 2024, are primarily a result of a decrease in Cash Pickup revenues for the three month period ended October 31, 2025.

For the nine-month period ended October 31, 2025, we had revenues of $274,232 as compared to $301,159 in revenues for the nine-month period ended October 31, 2024. Total Cost of Sales for the nine-month period ended October 31, 2025, was $72,573 resulting in a Gross Profit of $201,659 as compared to Total Cost of Sales for the nine-month period ended October 31, 2024 of $65,596 resulting in a Gross Profit of $240,563. Operating Expenses for the nine-month period ended October 31, 2025, were $480,084 resulting in Net Loss of $278,425. The net loss for the nine-month period ended October 31, 2025, is comprised of General and Administrative Expenses of $456,529, and Depreciation and Amortization of $23,555, as compared to the net loss for the nine-month period ended October 31, 2024 of $181,175 which were comprised of General and Administrative Expenses of $361,912, and Depreciation and Amortization of $59,826. The changes in results of operations for the