2023 Q4 Form 10-Q Financial Statement

#000149315223040934 Filed on November 14, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3 2022 Q3
Revenue $687.8K $1.131M
YoY Change -39.16% 107.3%
Cost Of Revenue $501.1K $873.3K
YoY Change -42.63% 97.24%
Gross Profit $186.7K $257.2K
YoY Change -27.4% 150.69%
Gross Profit Margin 27.15% 22.75%
Selling, General & Admin $656.6K $1.075M
YoY Change -38.92% 42.18%
% of Gross Profit 351.61% 417.94%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $30.24K $25.21K
YoY Change 19.95% 101.68%
% of Gross Profit 16.19% 9.8%
Operating Expenses $656.6K $1.075M
YoY Change -38.92% 42.18%
Operating Profit -$469.9K -$817.8K
YoY Change -42.55% 25.14%
Interest Expense $176.4K $253.9K
YoY Change -30.5% 1380.29%
% of Operating Profit
Other Income/Expense, Net $2.403K -$374.2K
YoY Change -100.64%
Pretax Income -$518.1K -$1.192M
YoY Change -56.55% -46.07%
Income Tax -$430.00
% Of Pretax Income
Net Earnings -$518.1K -$1.192M
YoY Change -56.54% -46.56%
Net Earnings / Revenue -75.33% -105.44%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 -$677.10
COMMON SHARES
Basic Shares Outstanding 2.453B shares 2.295B shares 1.781B shares
Diluted Shares Outstanding 2.340B shares 1.761B shares

Balance Sheet

Concept 2023 Q4 2023 Q3 2022 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $369.9K $270.8K
YoY Change 36.61% -50.45%
Cash & Equivalents $369.9K $270.8K
Short-Term Investments
Other Short-Term Assets $50.31K $17.90K
YoY Change 181.07% 174.64%
Inventory $334.0K $1.008M
Prepaid Expenses
Receivables -$120.3K $56.11K
Other Receivables $0.00 $0.00
Total Short-Term Assets $633.9K $1.353M
YoY Change -53.13% -13.32%
LONG-TERM ASSETS
Property, Plant & Equipment $279.1K $370.5K
YoY Change -24.66% 31.84%
Goodwill
YoY Change
Intangibles $47.01K $68.64K
YoY Change -31.52%
Long-Term Investments
YoY Change
Other Assets $7.100K $15.13K
YoY Change -53.07% -99.44%
Total Long-Term Assets $767.6K $1.278M
YoY Change -39.93% -55.37%
TOTAL ASSETS
Total Short-Term Assets $633.9K $1.353M
Total Long-Term Assets $767.6K $1.278M
Total Assets $1.402M $2.631M
YoY Change -46.72% -40.54%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.849M $1.041M
YoY Change 77.62% 405.05%
Accrued Expenses $503.3K $376.8K
YoY Change 33.6% 105.03%
Deferred Revenue
YoY Change
Short-Term Debt $663.0K $530.6K
YoY Change 24.95% -77.89%
Long-Term Debt Due $2.732M $2.266M
YoY Change 20.55% 64840.11%
Total Short-Term Liabilities $6.400M $5.231M
YoY Change 22.36% -10.45%
LONG-TERM LIABILITIES
Long-Term Debt $56.84K $71.75K
YoY Change -20.78% -97.1%
Other Long-Term Liabilities $297.0K
YoY Change
Total Long-Term Liabilities $353.8K $0.00
YoY Change -100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $6.400M $5.231M
Total Long-Term Liabilities $353.8K $0.00
Total Liabilities $6.754M $5.980M
YoY Change 12.94% -36.98%
SHAREHOLDERS EQUITY
Retained Earnings -$27.26M -$22.44M
YoY Change 21.46% 63.77%
Common Stock $23.82K $18.07K
YoY Change 31.88% 104.56%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$5.353M -$3.350M
YoY Change
Total Liabilities & Shareholders Equity $1.402M $2.631M
YoY Change -46.72% -40.54%

Cashflow Statement

Concept 2023 Q4 2023 Q3 2022 Q3
OPERATING ACTIVITIES
Net Income -$518.1K -$1.192M
YoY Change -56.54% -46.56%
Depreciation, Depletion And Amortization $30.24K $25.21K
YoY Change 19.95% 101.68%
Cash From Operating Activities $556.5K -$529.2K
YoY Change -205.16% -25.58%
INVESTING ACTIVITIES
Capital Expenditures $0.00 -$18.75K
YoY Change -100.0% -84.33%
Acquisitions
YoY Change
Other Investing Activities $8.480K $0.00
YoY Change -100.0%
Cash From Investing Activities $8.480K -$18.75K
YoY Change -145.23% -84.02%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -292.2K 812.6K
YoY Change -135.96% -36.54%
NET CHANGE
Cash From Operating Activities 556.5K -529.2K
Cash From Investing Activities 8.480K -18.75K
Cash From Financing Activities -292.2K 812.6K
Net Change In Cash 272.8K 264.6K
YoY Change 3.09% -41.46%
FREE CASH FLOW
Cash From Operating Activities $556.5K -$529.2K
Capital Expenditures $0.00 -$18.75K
Free Cash Flow $556.5K -$510.5K
YoY Change -209.03% -13.69%

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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
-3765395 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
1203751 usd
KGKG Stock Issued During Period Value For Financing Costs
StockIssuedDuringPeriodValueForFinancingCosts
126000 usd
us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
78673 usd
us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
296250 usd
KGKG Adjustments To Additional Paid In Capital Warrants Issued For Financing Costs
AdjustmentsToAdditionalPaidInCapitalWarrantsIssuedForFinancingCosts
163000 usd
KGKG Stock Issued During Period Value Preferred Stock Conversion To Common Stock
StockIssuedDuringPeriodValuePreferredStockConversionToCommonStock
185000 usd
KGKG Adjustments To Additional Paid In Capital Warrant Related To Services Rendered
AdjustmentsToAdditionalPaidInCapitalWarrantRelatedToServicesRendered
5269 usd
us-gaap Net Income Loss
NetIncomeLoss
-3645215 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-5352669 usd
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
-2991280 usd
CY2022Q3 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
610683 usd
CY2022Q3 us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
223000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
-1192057 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-3349654 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-4124858 usd
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
-4124858 usd
us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
6469848 usd
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
135000 usd
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
8500 usd
us-gaap Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
304000 usd
us-gaap Net Income Loss
NetIncomeLoss
-6142144 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-3349654 usd
CY2022Q3 us-gaap Stockholders Equity
StockholdersEquity
-3349654 usd
us-gaap Net Income Loss
NetIncomeLoss
-3645215 usd
us-gaap Net Income Loss
NetIncomeLoss
-6142144 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
70353 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
67018 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
8645 usd
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
35 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
79792 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
143320 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
631542 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
702675 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10719 usd
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7316 usd
KGKG Preferred Stock Issued For Common Stock Issuable
PreferredStockIssuedForCommonStockIssuable
-185000 usd
KGKG Fair Value Of Warrants Issued For Financing Costs
FairValueOfWarrantsIssuedForFinancingCosts
367673 usd
KGKG Fair Value Of Warrants Issued For Services
FairValueOfWarrantsIssuedForServices
5269 usd
KGKG Fair Value Of Warrants Issued For Services
FairValueOfWarrantsIssuedForServices
260000 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
1423 usd
KGKG Gain On Extinguishment Of Debt
GainOnExtinguishmentOfDebt
42151 usd
KGKG Losses On Extinguishment Of Debt
LossesOnExtinguishmentOfDebt
728056 usd
KGKG Losses On Extinguishment Of Debt
LossesOnExtinguishmentOfDebt
1141855 usd
KGKG Loss On Termination Of Operating Lease
LossOnTerminationOfOperatingLease
9601 usd
KGKG Gain On Change In Fair Value Of Derivative Liabilities
GainOnChangeInFairValueOfDerivativeLiabilities
-1523000 usd
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
8500 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-191172 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
40147 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-525188 usd
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
433068 usd
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
-278707 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
5044 usd
us-gaap Increase Decrease In Other Current Assets
IncreaseDecreaseInOtherCurrentAssets
-12475 usd
KGKG Increase Decrease In Deposit
IncreaseDecreaseInDeposit
-1775 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
759235 usd
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
645765 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
188195 usd
us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-170000 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-97106 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
-153890 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-28724 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2148583 usd
KGKG Payments For Proceeds From Purchase Of Purchase Property Plant And Equipment
PaymentsForProceedsFromPurchaseOfPurchasePropertyPlantAndEquipment
42923 usd
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
8475 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
8475 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-42923 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
222000 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
260000 usd
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
4500 usd
KGKG Proceeds From Payment Of Acquisition Obligation
ProceedsFromPaymentOfAcquisitionObligation
6762 usd
KGKG Proceeds From Payment Of Acquisition Obligation
ProceedsFromPaymentOfAcquisitionObligation
11446 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5594 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
3798 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
800930 usd
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
542000 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1251656 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
5598 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
727974 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
981816 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
350392 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1758474 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
330143 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-433032 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
39788 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
703825 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
369931 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations
270793 usd
us-gaap Interest Paid Net
InterestPaidNet
14947 usd
us-gaap Interest Paid Net
InterestPaidNet
533 usd
us-gaap Stock Issued1
StockIssued1
135000 usd
KGKG Termination Of Right Of Use Asset
TerminationOfRightOfUseAsset
248270 usd
KGKG Termination Of Operating Lease Liabilitty
TerminationOfOperatingLeaseLiabilitty
261125 usd
KGKG Note Payable Issued On Termination Of Lease Liability
NotePayableIssuedOnTerminationOfLeaseLiability
16206 usd
KGKG Common Shares Issued On Conversion Of Debentures And Accrued Interest
CommonSharesIssuedOnConversionOfDebenturesAndAccruedInterest
315000 usd
KGKG Common Shares Issued On Conversion Of Debentures And Accrued Interest
CommonSharesIssuedOnConversionOfDebenturesAndAccruedInterest
6469848 usd
KGKG Fair Value Of Warrants Issued Upon Issuance Of Convertible Notes
FairValueOfWarrantsIssuedUponIssuanceOfConvertibleNotes
296250 usd
KGKG Derivative Liability Recorded On Issuance Of Convertible Notes
DerivativeLiabilityRecordedOnIssuanceOfConvertibleNotes
680000 usd
KGKG Note Payable On Vehicle Purchase
NotePayableOnVehiclePurchase
46576 usd
us-gaap Net Income Loss
NetIncomeLoss
-3645215 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-28724 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
-5352669 usd
CY2023Q3 us-gaap Cash
Cash
369931 usd
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84E_eus-gaap--UseOfEstimates_zOpMyhlMlf09" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_861_zJjGBsejrXhe">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Those estimates and assumptions include estimates for reserves of uncollectible accounts receivable, assumptions used in valuing inventories at net realizable value, impairment testing of recorded long-term tangible and intangible assets, the valuation allowance for deferred tax assets, accruals for potential liabilities, assumptions made in valuing stock instruments issued for services, and assumptions used in valuing warrant liabilities, and assumptions used in the determination of the Company’s liquidity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2023Q3 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
154224 usd
CY2022Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
145579 usd
KGKG Sales Percentage
SalesPercentage
0.03 pure
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
687797 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1130546 usd
CY2023Q3 KGKG Revenue From Contract With Customer Excluding Assessed Tax Percentage
RevenueFromContractWithCustomerExcludingAssessedTaxPercentage
-0.39 pure
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2892213 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3299075 usd
KGKG Revenue From Contract With Customer Excluding Assessed Tax Percentage
RevenueFromContractWithCustomerExcludingAssessedTaxPercentage
-0.12 pure
CY2023Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
687797 usd
CY2022Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1130546 usd
CY2023Q3 KGKG Revenue From Contract With Customer Excluding Assessed Tax Percentage
RevenueFromContractWithCustomerExcludingAssessedTaxPercentage
-0.39 pure
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
2892213 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
3299075 usd
KGKG Revenue From Contract With Customer Excluding Assessed Tax Percentage
RevenueFromContractWithCustomerExcludingAssessedTaxPercentage
-0.12 pure
us-gaap Advertising Expense
AdvertisingExpense
98351 usd
us-gaap Advertising Expense
AdvertisingExpense
118807 usd
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2357094737 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
278333333 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2357094737 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
278333333 shares
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<p id="xdx_846_eus-gaap--ConcentrationRiskCreditRisk_zhck2IXJrA9i" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zohgfDkSARm4">Concentrations</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s cash balances on deposit with banks are guaranteed by the Federal Deposit Insurance Corporation (FDIC) up to $<span id="xdx_90D_eus-gaap--CashFDICInsuredAmount_iI_c20230930_zb4uZmqUWqk2" title="Cash FDIC insured amount">250,000</span>. Generally, the Company’s policy is to minimize borrowing costs by immediately applying cash receipts to borrowings against its credit facility. From time to time, however, the Company may be exposed to risk for the amounts of funds held in bank accounts in excess of the FDIC limit. To minimize the risk, the Company’s policy is to maintain cash balances with high quality financial institutions.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Gross sales.</i> During the three and nine months ended September 30, 2023 and 2022, no customers accounted for more than <span id="xdx_903_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20230930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--RevenueFromContractWithCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--NoCustomerMember_zBifywNilRri" title="Concentration risk, percentage"><span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230701__20230930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--RevenueFromContractWithCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--NoCustomerMember_z0RV4X9nNeU3" title="Concentration risk, percentage"><span id="xdx_905_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--RevenueFromContractWithCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--NoCustomerMember_znJPZtNW6sh4" title="Concentration risk, percentage"><span id="xdx_901_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220701__20220930__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--RevenueFromContractWithCustomerMember__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__srt--MajorCustomersAxis__custom--NoCustomerMember_zX0nbvrPUKR4" title="Concentration risk, percentage">10</span></span></span></span>% of gross sales.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Accounts receivable.</i> As of September 30, 2023, the Company had accounts receivable from two customers that comprised <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20230101__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CustomerOneMember_zD1W3nJYuSy5" title="Concentration risk percentage">12</span>% and <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20230101__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_zuP5Ee5qNbid" title="Concentration risk percentage">10</span>%, respectively, of its gross accounts receivable. As of December 31, 2022, the Company had accounts receivable from two customers that comprised<span id="xdx_90E_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CustomerOneMember_z7j9mzLQnvv2" title="Concentration risk percentage"> 27</span>% and <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsReceivableMember__srt--MajorCustomersAxis__custom--CustomerTwoMember_zZi2O4qLwkfd" title="Concentration risk percentage">20</span>%, respectively, of its gross accounts receivable.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Co-Packers. </i>The raw materials used in the production of the Company’s products are obtained by the Company’s co-packers and consist primarily of materials such as the flavors, caffeine, sugars or sucralose, taurine, vitamins, CBD, and hemp seed protein contained in its beverages, the bottles in which its beverages are packaged, and the labeling on the outside of its beverages. These principal raw materials are subject to price and availability fluctuations. The Company currently relies on a few key co-packers, which in turn rely on a few key suppliers. The Company continually endeavors to have back-up co-packers, which co-packers would in turn depend on their third-party suppliers to supply certain of the flavors and concentrates that are used in the Company’s beverages. The Company is also dependent on these co-packers to negotiate arrangements with their existing suppliers that would enable the Company to obtain access to certain of such concentrates or flavor formulas under certain extraordinary circumstances. Additionally, in a limited number of cases, the Company’s co-packers may have contractual restrictions with their suppliers or the Company’s co-packers may need to obtain regulatory approvals and licenses that may limit the co-packers’ ability to enter into agreements with alternative suppliers. Contractual restrictions in the agreements the Company has with certain distributors may also limit the Company’s ability to enter into agreements with alternative distributors. The Company believes that a satisfactory supply of co-packers will continue to be available at competitive prices, although there can be no assurance in this regard. With respect to Gold Leaf’s operations, the Company continually endeavors to contract with additional beverage vendors to ensure the Company has adequate inventory. The Company believes that a satisfactory supply of vendors will continue to be available at competitive prices, although there can be no assurance in this regard.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Purchases from vendors.</i> During the three months ended September 30, 2023, the Company’s largest three vendors accounted for approximately <span id="xdx_90C_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230701__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorOneMember__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--PurchaseMember_zGfqwkPh25z8">55</span>%, <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230701__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorTwoMember__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--PurchaseMember_zlg9q14bvst5">12</span>%, and <span id="xdx_907_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230701__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorThreeMember__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--PurchaseMember_z3wKoyYlixzh">10</span>% of all purchases, respectively. During the year ended December 31, 2022, the Company’s largest one vendor accounted for approximately <span id="xdx_90B_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--SupplierConcentrationRiskMember__srt--MajorCustomersAxis__custom--VendorOneMember__us-gaap--ConcentrationRiskByBenchmarkAxis__custom--PurchaseMember_zmh7RVPtiUOj">34</span>% of all purchases, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; margin-left: 0; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><i>Accounts payable.</i> As of September 30, 2023, two vendors accounted for more than <span id="xdx_90F_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__srt--MajorCustomersAxis__custom--TwoVendorMember_z4iRnyTzYcYh" title="Concentration risk, percentage">10</span>% the total accounts payable. The Company’s largest two vendors accounted for<span id="xdx_902_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__srt--MajorCustomersAxis__custom--VendorOneMember_zXfH8kw7pzh1"> 29</span>%, and<span id="xdx_902_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20230101__20230930__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__srt--MajorCustomersAxis__custom--VendorTwoMember_za7rn91X8dp9"> 17</span>% of the total accounts payable, respectively. As of December 31, 2022, two vendors accounted for more than <span id="xdx_90D_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__srt--MajorCustomersAxis__custom--TwoVendorMember_zqHE9YrZD5O8" title="Concentration risk, percentage">10</span>% the total accounts payable. The Company’s largest two vendors accounted for <span id="xdx_902_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__srt--MajorCustomersAxis__custom--VendorOneMember_zHM5SfTmn377">31</span>%, and <span id="xdx_90A_eus-gaap--ConcentrationRiskPercentage1_pid_dp_uPure_c20220101__20221231__us-gaap--ConcentrationRiskByTypeAxis__us-gaap--CustomerConcentrationRiskMember__us-gaap--ConcentrationRiskByBenchmarkAxis__us-gaap--AccountsPayableMember__srt--MajorCustomersAxis__custom--VendorTwoMember_zG0nvbtwpap3">18</span>% of the total accounts payable, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0pt; margin-bottom: 0pt"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p>
CY2023Q3 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 usd
CY2023Q3 KGKG Finite Lived Intangible Assets Amortization Expense After Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFour
12262 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
47006 usd
us-gaap Proceeds From Divestiture Of Businesses
ProceedsFromDivestitureOfBusinesses
500000 usd
CY2023Q3 us-gaap Inventory Raw Materials
InventoryRawMaterials
70915 usd
CY2022Q4 us-gaap Inventory Raw Materials
InventoryRawMaterials
198605 usd
CY2023Q3 us-gaap Inventory Finished Goods
InventoryFinishedGoods
263075 usd
CY2022Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
660574 usd
CY2023Q3 us-gaap Inventory Gross
InventoryGross
333990 usd
CY2022Q4 us-gaap Inventory Gross
InventoryGross
859179 usd
CY2023Q3 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
80000 usd
CY2022Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
80000 usd
CY2023Q3 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1044072 usd
CY2022Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
988035 usd
CY2023Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
544575 usd
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
543152 usd
CY2023Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
265441 usd
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
195088 usd
CY2023Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
279134 usd
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
348064 usd
CY2023Q3 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
81750 usd
CY2022Q4 us-gaap Finite Lived Trademarks Gross
FiniteLivedTrademarksGross
85340 usd
CY2022Q4 KGKG Finite Lived Gross Website Development Trademarks
FiniteLivedGrossWebsiteDevelopmentTrademarks
12200 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
34744 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
28901 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
47006 usd
CY2022Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
68639 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
7316 usd
us-gaap Adjustment For Amortization
AdjustmentForAmortization
7316 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
2044 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
8175 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
8175 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
8175 usd
CY2023Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
8175 usd
CY2023Q3 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
83973 usd
CY2022Q4 us-gaap Debt Instrument Unamortized Discount Current
DebtInstrumentUnamortizedDiscountCurrent
218481 usd
CY2023Q3 us-gaap Notes Payable
NotesPayable
960099 usd
CY2022Q4 us-gaap Notes Payable
NotesPayable
769554 usd
CY2023Q3 KGKG Notes Payable Current Portion
NotesPayableCurrentPortion
903264 usd
CY2022Q4 KGKG Notes Payable Current Portion
NotesPayableCurrentPortion
712499 usd
CY2023Q3 KGKG Notes Payable Net Of Current Portion
NotesPayableNetOfCurrentPortion
56835 usd
CY2022Q4 KGKG Notes Payable Net Of Current Portion
NotesPayableNetOfCurrentPortion
57055 usd
us-gaap Lease Cost
LeaseCost
136726 usd
us-gaap Lease Cost
LeaseCost
152841 usd
CY2022Q4 KGKG Lease Liabilities
LeaseLiabilities
838882 usd
CY2022Q4 KGKG Finance Lease Liabilities
FinanceLeaseLiabilities
17824 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
821058 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
5594 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
97106 usd
CY2023Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
261125 usd
CY2023Q3 KGKG Lease Liabilities
LeaseLiabilities
475057 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
178074 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
296983 usd
CY2023Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P1Y6M
CY2023Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M21D
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
57521 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
197491 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
170059 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
113790 usd
CY2023Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
538861 usd
CY2023Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
63804 usd
CY2023Q3 KGKG Present Value Of Net Minimum Lease Payments
PresentValueOfNetMinimumLeasePayments
475057 usd
CY2023Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
178074 usd
CY2023Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
296983 usd
CY2023Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2022Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.00001
CY2023Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
989000 shares
CY2022Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
988000 shares
CY2023Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.00001
CY2023Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10500000000 shares
CY2022Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10500000000 shares
CY2023Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2382423530 shares
CY2023Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2382423530 shares
CY2022Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
2000276378 shares
CY2022Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
2000276378 shares
CY2016Q4 KGKG Employement Agreement Description
EmployementAgreementDescription
Immediately, Mr. Clark decided to defer receipt of 80,000,000 of such shares; thus leaving 120,000,000 shares of the Common Stock to be issued to him
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
278333333 shares
CY2022Q4 KGKG Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
0.0223
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Granted
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsGranted
257689945 shares
KGKG Share Based Compensation Arrangements By Share Based Payment Award Non Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsGrantsInPeriodWeightedAverageExercisePrice
0.0038
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Exercised
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsExercised
67164179 shares
KGKG Share Based Compensation Arrangements By Share Based Payment Award Non Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardNonOptionsExercisesInPeriodWeightedAverageExercisePrice
0.0149
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Forfeitures
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsForfeitures
20000000 shares
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
448859099 shares
CY2023Q3 KGKG Share Based Compensation Arrangement By Share Based Payment Award Non Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsOutstandingWeightedAverageExercisePrice
0.0137
CY2023Q3 KGKG Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableNumber
448859099 shares
CY2023Q3 KGKG Share Based Compensation Arrangement By Share Based Payment Award Non Options Weighted Average Exercisable Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsWeightedAverageExercisablePrice
0.0137
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Non Option Equity Instruments Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionEquityInstrumentsOutstandingNumber
448859099 shares
CY2023Q3 us-gaap Warrants And Rights Outstanding Term
WarrantsAndRightsOutstandingTerm
P3Y2M1D
KGKG Share Based Compensation Arrangement By Share Based Payment Award Outstanding Non Options Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOutstandingNonOptionsWeightedAverageExercisePrice
0.0146
CY2023Q3 KGKG Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableNumber
448859099 shares
CY2023Q3 KGKG Share Based Compensation Arrangement By Share Based Payment Award Non Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardNonOptionsExercisableWeightedAverageExercisePrice
0.0146
CY2023Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExercisePrice
0.0022

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