Company: KCRD
Filing Date: 2025-05-19
Form Type: 10-K
Source: 0001477932-25-003933
Chunk: 96

Company: Kindcard, Inc.
Filing Date: 2025-05-19
Form: 10-K
Item: Item 11
Chunk 96
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 material to the financial statements and (2) involved our especially challenging, subjective, or complex judgments. We determined that there are no critical audit matters.

 We have served as the Company’s auditor since 2023.  Houston, Texas  May 16, 2025PCAOB ID: 6771 

 F-2Table of Contents

 Kindcard, Inc. and Subsidiaries

Consolidated Balance Sheets

  January 31,2025  January 31,2024 Assets      Current Assets:      Cash $9,089  $9,647 Accounts receivable, net - unbilled  34,728   20,557 Prepaid expenses  -   17,550 Total Current Assets  43,817   47,754 Property, plant and equipment, net  2,237   6,127 Intangible Assets, net  39,964   108,725 Total Other Assets  42,201   114,852 Total Assets $86,018  $162,606 Liabilities and Stockholders’ Deficit        Current Liabilities        Accounts payable $303,970  $267,435 Accrued interest  43,296   19,358 Accrued payroll and tax expenses  11,536   13,595 Due to related party  386,805   296,498 Notes payable  221,646   198,840 Current portion SBA loan  5,921   8,772 Total Current Liabilities  973,174   804,498 Long-term Liabilities        Accrued interest long term portion  9,337   2,380 SBA loan  150,000   150,000 Total Long-term Liabilities  159,337   152,380 Total Liabilities  1,132,511   956,878 Commitments and Contingencies (Note 9)  -   - Stockholders’ Deficit        Common Stock        Authorized 200,000,000 shares of common stock, $0.001 par value, Issued and outstanding 98,170,000 of common stock as of January 31, 2025 (January 31, 2024 –98,