Company: KCRD
Filing Date: 2025-12-22
Form Type: 10-Q
Source: 0001477932-25-009119
Chunk: 53

Company: Kindcard, Inc.
Filing Date: 2025-12-22
Form: 10-Q
Item: Part II, Item 8
Chunk 53
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: DEB Platform $239,435  $239,435 Technology: Tendercard Program  3,200   3,200 Customer Lists  9,900   9,900 Website  5,200   5,200 Trade Name  2,800   2,800 Total  260,535   260,535 Less: accumulated amortization  (247,341 )  (220,571 )Definite-lived intangible assets, net $13,194  $39,964  The following is the future estimated amortization expense related to intangible assets as of October 31, 2025: Year ending January 31,   2026 - $3,467 2027 -  8,458 2028 -  1,269 Total - $13,194 

NOTE 6 – CURRENT LIABILITIES Accounts Payable Accounts Payable is comprised of trade payables of $330,261 and $293,900 at October 31, 2025 and January 31, 2025, respectively. Accrued Payroll & Tax Expenses Balance consists of Accrued Salaries & Wages $6,042 and 6,423, Accrued Taxes of $4,293 and $5,113 at October 31, 2025 and January 31, 2025 respectively. Accrued Interest Balance consists of accrued interest notes payable of $61,334 and $38,333, accrued interest Due to Related Party of $7,686 and $4,963, and short-term portion of accrued interest SBA loan of $7,310 and $5,921 at October 31, 2025 and January 31, 2025.

F-10Table of Contents

 Kindcard, Inc. and Subsidiaries

Condensed Notes to Consolidated Financial Statements (unaudited)

October 31, 2025

NOTE 7 – DUE TO RELATED PARTY On September 15, 2023, the Company issued a 1% Convertible Promissory Note in the amount of $296,498 (the “Note”) to RMR Management Group LLC (“RMR”) in exchange for full and final settlement of an aggregate amount of $296,498 previously loaned by RMR to the Company. The Note is convertible at the RMR