$KITL
Kisses From Italy Inc. Stock $kitl

$kitl Overview Financials Valuation SEC Filings Company Website

2022 Q3 Form 10-Q Financial Statement

#000168316822005585 Filed on August 12, 2022

Income Statement

Concept	2022 Q3	2022 Q2	2022 Q1
Revenue	$101.5K	$112.1K	$97.83K
YoY Change	18.42%	-12.45%	-14.69%
Cost Of Revenue	$56.18K	$60.77K	$45.18K
YoY Change	28.73%	1.89%	-14.22%
Gross Profit	$45.34K	$51.37K	$52.65K
YoY Change	7.73%	-24.94%	-15.09%
Gross Profit Margin	44.66%	45.81%	53.82%
Selling, General & Admin	$213.8K	$137.9K	$202.9K
YoY Change	36.47%	-95.42%	-57.51%
% of Gross Profit	471.45%	268.37%	385.43%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$527.00	$526.00	$530.00
YoY Change	-0.57%	-0.19%	-82.45%
% of Gross Profit	1.16%	1.02%	1.01%
Operating Expenses	$214.3K	$138.4K	$203.5K
YoY Change	36.35%	-95.4%	-57.67%
Operating Profit	-$169.0K	-$87.01K	-$150.8K
YoY Change	46.82%	-97.04%	-63.97%
Interest Expense	-$118.5K	-$300.2K	-$2.290K
YoY Change	24.06%	20.03%	9.05%
% of Operating Profit
Other Income/Expense, Net	-$118.5K	-$300.2K	-$2.293K
YoY Change	24.06%	20.03%
Pretax Income	-$287.5K	-$387.2K	-$153.1K
YoY Change	36.49%	-87.86%	-63.61%
Income Tax	$0.00	$0.00	$0.00
% Of Pretax Income
Net Earnings	-$281.9K	-$406.6K	-$150.2K
YoY Change	37.68%	-87.31%	-64.39%
Net Earnings / Revenue	-277.67%	-362.63%	-153.54%
Basic Earnings Per Share	$0.00	$0.00	$0.00
Diluted Earnings Per Share	$0.00	$0.00	-$818.40
COMMON SHARES
Basic Shares Outstanding	185.5M shares	185.1M shares	183.5M shares
Diluted Shares Outstanding	185.5M shares	185.1M shares	183.5M shares

Balance Sheet

Concept	2022 Q3	2022 Q2	2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$435.1K	$277.2K	$25.10K
YoY Change	3159.03%	222.98%	-53.9%
Cash & Equivalents	$435.1K	$277.2K	$25.10K
Short-Term Investments
Other Short-Term Assets	$19.74K	$19.74K
YoY Change
Inventory	$12.81K	$16.83K	$10.85K
Prepaid Expenses	$19.74K	$19.74K
Receivables	$17.43K	$15.09K	$14.69K
Other Receivables	$51.08K	$54.03K	$32.03K
Total Short-Term Assets	$536.1K	$382.9K	$82.66K
YoY Change	604.23%	125.89%	12.22%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.213K	$4.740K	$546.1K
YoY Change	-33.34%	-30.8%	7309.91%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$2.745K	$2.745K	$2.750K
YoY Change	-0.18%	-0.18%	152.29%
Total Long-Term Assets	$503.6K	$526.5K	$548.9K
YoY Change	5458.33%	5384.72%	6380.05%
TOTAL ASSETS
Total Short-Term Assets	$536.1K	$382.9K	$82.66K
Total Long-Term Assets	$503.6K	$526.5K	$548.9K
Total Assets	$1.040M	$909.4K	$631.5K
YoY Change	1120.47%	407.75%	668.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$83.95K	$84.36K	$77.96K
YoY Change	52.91%	83.71%	33.26%
Accrued Expenses	$163.6K	$155.7K	$186.5K
YoY Change	25.13%	5.07%	24.78%
Deferred Revenue
YoY Change
Short-Term Debt	$12.17K	$502.2K	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$392.2K	$787.7K	$273.4K
YoY Change	111.25%	305.88%	31.46%
LONG-TERM LIABILITIES
Long-Term Debt	$810.0K	$0.00	$22.17K
YoY Change	3553.59%	-100.0%	0.0%
Other Long-Term Liabilities	$473.6K	$473.6K	$473.6K
YoY Change
Total Long-Term Liabilities	$1.284M	$473.6K	$495.7K
YoY Change	5689.63%	2036.04%	2136.04%
TOTAL LIABILITIES
Total Short-Term Liabilities	$392.2K	$787.7K	$273.4K
Total Long-Term Liabilities	$1.284M	$473.6K	$495.7K
Total Liabilities	$1.676M	$1.261M	$746.6K
YoY Change	758.99%	502.46%	258.45%
SHAREHOLDERS EQUITY
Retained Earnings	-$14.70M	-$14.42M
YoY Change
Common Stock	$185.5K	$185.5K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$627.4K	-$348.7K	-$115.1K
YoY Change
Total Liabilities & Shareholders Equity	$1.040M	$909.4K	$631.5K
YoY Change	1120.47%	407.75%	668.93%

Cashflow Statement

Concept	2022 Q3	2022 Q2	2022 Q1
OPERATING ACTIVITIES
Net Income	-$281.9K	-$406.6K	-$150.2K
YoY Change	37.68%	-87.31%	-64.39%
Depreciation, Depletion And Amortization	$527.00	$526.00	$530.00
YoY Change	-0.57%	-0.19%	-82.45%
Cash From Operating Activities	-$162.1K	-$227.9K	-$119.4K
YoY Change	44.13%	189.9%	-5.23%
INVESTING ACTIVITIES
Capital Expenditures	$0.00	$0.00	$0.00
YoY Change			-100.0%
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities	$0.00	$0.00	$0.00
YoY Change			-100.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	320.0K	480.0K	5.000K
YoY Change	700.0%	336.36%	-96.55%
NET CHANGE
Cash From Operating Activities	-162.1K	-227.9K	-119.4K
Cash From Investing Activities	0.000	0.000	0.000
Cash From Financing Activities	320.0K	480.0K	5.000K
Net Change In Cash	157.9K	252.1K	-114.4K
YoY Change	-317.78%	703.15%	-768.56%
FREE CASH FLOW
Cash From Operating Activities	-$162.1K	-$227.9K	-$119.4K
Capital Expenditures	$0.00	$0.00	$0.00
Free Cash Flow	-$162.1K	-$227.9K	-$119.4K
YoY Change	44.13%	189.9%	-3.77%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	dei	Entity Central Index Key EntityCentralIndexKey	0001608092
	dei	Amendment Flag AmendmentFlag	false
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2022
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
CY2021Q2	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities		usd
CY2022Q1	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities StockIssuedDuringPeriodValueConversionOfConvertibleSecurities		usd
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2022-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity File Number EntityFileNumber	000-52898
	dei	Entity Registrant Name EntityRegistrantName	Kisses From Italy Inc.
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	FL
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	46-2388377
	dei	Entity Address Address Line1 EntityAddressAddressLine1	80 SW
	dei	Entity Address Address Line2 EntityAddressAddressLine2	8th Street
	dei	Entity Address Address Line3 EntityAddressAddressLine3	Suite 2000
	dei	Entity Address City Or Town EntityAddressCityOrTown	Miami
	dei	Entity Address State Or Province EntityAddressStateOrProvince	FL
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	33130
	dei	City Area Code CityAreaCode	(305)
	dei	Local Phone Number LocalPhoneNumber	423-7129
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Shell Company EntityShellCompany	false
CY2022Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	185520582	shares
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	277205	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	139485	usd
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	15089	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	12900	usd
CY2022Q2	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	19744	usd
CY2021Q4	us-gaap	Prepaid Expense Current PrepaidExpenseCurrent	0	usd
CY2022Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	54029	usd
CY2021Q4	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	48443	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	16833	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	5270	usd
CY2022Q2	us-gaap	Assets Current AssetsCurrent	382900	usd
CY2021Q4	us-gaap	Assets Current AssetsCurrent	206098	usd
CY2022Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	4740	usd
CY2021Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	5793	usd
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	480000	usd
CY2022Q2	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	519048	usd
CY2021Q4	us-gaap	Operating Lease Right Of Use Asset OperatingLeaseRightOfUseAsset	0	usd
CY2022Q2	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2745	usd
CY2021Q4	us-gaap	Other Assets Noncurrent OtherAssetsNoncurrent	2745	usd
CY2022Q2	us-gaap	Assets Assets	909433	usd
CY2021Q4	us-gaap	Assets Assets	214635	usd
CY2022Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	84358	usd
CY2021Q4	us-gaap	Accounts Payable Current AccountsPayableCurrent	52665	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	155668	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	134505	usd
CY2022Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	45487	usd
CY2021Q4	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	0	usd
CY2022Q2	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	12171	usd
CY2021Q4	us-gaap	Other Notes Payable Current OtherNotesPayableCurrent	0	usd
CY2022Q2	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	490000	usd
CY2021Q4	us-gaap	Convertible Notes Payable Current ConvertibleNotesPayableCurrent	0	usd
CY2022Q2	us-gaap	Liabilities Current LiabilitiesCurrent	787684	usd
CY2021Q4	us-gaap	Liabilities Current LiabilitiesCurrent	187170	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	473561	usd
CY2022Q2	us-gaap	Other Long Term Notes Payable OtherLongTermNotesPayable	0	usd
CY2021Q4	us-gaap	Other Long Term Notes Payable OtherLongTermNotesPayable	12171	usd
CY2022Q2	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	0	usd
CY2021Q4	us-gaap	Convertible Long Term Notes Payable ConvertibleLongTermNotesPayable	10000	usd
CY2022Q2	us-gaap	Liabilities Liabilities	1261245	usd
CY2021Q4	us-gaap	Liabilities Liabilities	209340	usd
CY2022Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2021Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2022Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	185520582	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	185520582	shares
CY2021Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	180913582	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	180913582	shares
CY2022Q2	us-gaap	Common Stock Value CommonStockValue	185520	usd
CY2021Q4	us-gaap	Common Stock Value CommonStockValue	180913	usd
CY2022Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	13881508	usd
CY2021Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	13702813	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-14415850	usd
CY2021Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-13859006	usd
CY2022Q2	us-gaap	Stockholders Equity StockholdersEquity	-348677	usd
CY2021Q4	us-gaap	Stockholders Equity StockholdersEquity	24960	usd
CY2022Q2	us-gaap	Minority Interest MinorityInterest	-3135	usd
CY2021Q4	us-gaap	Minority Interest MinorityInterest	-19665	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-351812	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5295	usd
CY2022Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	909433	usd
CY2021Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	214635	usd
CY2022Q2	us-gaap	Revenues Revenues	112135	usd
CY2021Q2	us-gaap	Revenues Revenues	128074	usd
	us-gaap	Revenues Revenues	209962	usd
	us-gaap	Revenues Revenues	242752	usd
CY2022Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	60769	usd
CY2021Q2	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	59641	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	105945	usd
	us-gaap	Cost Of Goods And Services Sold CostOfGoodsAndServicesSold	112309	usd
CY2022Q2	us-gaap	Gross Profit GrossProfit	51366	usd
CY2021Q2	us-gaap	Gross Profit GrossProfit	68433	usd
	us-gaap	Gross Profit GrossProfit	104017	usd
	us-gaap	Gross Profit GrossProfit	130443	usd
CY2022Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	526	usd
CY2021Q2	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	527	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1053	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3543	usd
CY2022Q2	kitl	Stock Based Compensation Related Party StockBasedCompensationRelatedParty	0	usd
CY2021Q2	kitl	Stock Based Compensation Related Party StockBasedCompensationRelatedParty	0	usd
	kitl	Stock Based Compensation Related Party StockBasedCompensationRelatedParty	5170	usd
	kitl	Stock Based Compensation Related Party StockBasedCompensationRelatedParty	0	usd
CY2022Q2	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
CY2021Q2	us-gaap	Share Based Compensation ShareBasedCompensation	2931573	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	0	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	3231573	usd
CY2022Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	-6288	usd
CY2021Q2	us-gaap	Labor And Related Expense LaborAndRelatedExpense	-16556	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	39545	usd
	us-gaap	Labor And Related Expense LaborAndRelatedExpense	34199	usd
CY2022Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	36093	usd
CY2021Q2	us-gaap	Operating Lease Expense OperatingLeaseExpense	25321	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	68981	usd
	us-gaap	Operating Lease Expense OperatingLeaseExpense	53427	usd
CY2022Q2	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	59748	usd
CY2021Q2	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	29874	usd
	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	120852	usd
	us-gaap	Professional And Contract Services Expense ProfessionalAndContractServicesExpense	93625	usd
CY2022Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	48297	usd
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	37925	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	106227	usd
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	72890	usd
CY2022Q2	us-gaap	Operating Expenses OperatingExpenses	138377	usd
CY2021Q2	us-gaap	Operating Expenses OperatingExpenses	3008664	usd
	us-gaap	Operating Expenses OperatingExpenses	341828	usd
	us-gaap	Operating Expenses OperatingExpenses	3489257	usd
CY2022Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-87010	usd
CY2021Q2	us-gaap	Operating Income Loss OperatingIncomeLoss	-2940231	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-237811	usd
	us-gaap	Operating Income Loss OperatingIncomeLoss	-3358814	usd
CY2022Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-300211	usd
CY2021Q2	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-250106	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-302504	usd
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-252202	usd
CY2022Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-300211	usd
CY2021Q2	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-250106	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-302504	usd
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-252202	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-387220	usd
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3190337	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-540314	usd
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-3611016	usd
CY2022Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2021Q2	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	0	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	-387220	usd
CY2021Q2	us-gaap	Profit Loss ProfitLoss	-3190337	usd
	us-gaap	Profit Loss ProfitLoss	-540314	usd
	us-gaap	Profit Loss ProfitLoss	-3611016	usd
CY2022Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	19419	usd
CY2021Q2	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	14977	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	16530	usd
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	16160	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-406639	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-3205314	usd
	us-gaap	Net Income Loss NetIncomeLoss	-556844	usd
	us-gaap	Net Income Loss NetIncomeLoss	-3627176	usd
CY2022Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
CY2021Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.00
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	-0.02
CY2022Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
CY2021Q2	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.00
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	-0.02
CY2022Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	185101890	shares
CY2021Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	167077939	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	184328698	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	162256644	shares
CY2022Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	185101890	shares
CY2021Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	167077939	shares
CY2021Q1	kitl	Issuance Of Common Stock In Private Placement Value IssuanceOfCommonStockInPrivatePlacementValue	145000	usd
CY2021Q1	kitl	Issuance Of Common Stock For Services IssuanceOfCommonStockForServices	300000	usd
CY2021Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-148029	usd
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-3205314	usd
CY2021Q2	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	14977	usd
CY2021Q2	kitl	Issuance Of Common Stock For Services IssuanceOfCommonStockForServices	1691750	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	31693	usd
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	184328698	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	162256644	shares
CY2020Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-172350	usd
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-421862	usd
CY2021Q1	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	1183	usd
CY2021Q2	kitl	Issuance Of Stock Options For Services IssuanceOfStockOptionsForServices	1239823	usd
CY2021Q2	kitl	Issuance Of Common Stock In Private Placement Value IssuanceOfCommonStockInPrivatePlacementValue	30000	usd
CY2021Q2	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	339660	usd
CY2021Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-37133	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5295	usd
CY2022Q1	us-gaap	Net Income Loss NetIncomeLoss	-150205	usd
CY2022Q1	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	-2889	usd
CY2022Q1	us-gaap	Stock Issued During Period Value Share Based Compensation StockIssuedDuringPeriodValueShareBasedCompensation	5170	usd
CY2022Q1	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	5000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-137629	usd
CY2022Q2	us-gaap	Net Income Loss NetIncomeLoss	-406639	usd
CY2022Q2	us-gaap	Income Loss From Continuing Operations Attributable To Noncontrolling Entity IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity	19419	usd
CY2022Q2	kitl	Issuance Of Common Stock As Financing Commitment Shares Value IssuanceOfCommonStockAsFinancingCommitmentSharesValue	75584	usd
CY2022Q2	kitl	Issuance Of Warrants In Connection With Debt IssuanceOfWarrantsInConnectionWithDebt	97453	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	-351812	usd
	us-gaap	Profit Loss ProfitLoss	-540314	usd
	us-gaap	Profit Loss ProfitLoss	-3611016	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	1053	usd
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	3543	usd
	kitl	Stockbased Compensation For Services StockbasedCompensationForServices	5170	usd
	kitl	Stockbased Compensation For Services StockbasedCompensationForServices	3231573	usd
	kitl	Issuance Of Financing Commitment Shares IssuanceOfFinancingCommitmentShares	75584	usd
	kitl	Issuance Of Financing Commitment Shares IssuanceOfFinancingCommitmentShares	0	usd
	kitl	Issuance Of Financing Commitment Warrants IssuanceOfFinancingCommitmentWarrants	97453	usd
	kitl	Issuance Of Financing Commitment Warrants IssuanceOfFinancingCommitmentWarrants	0	usd
	kitl	Beneficial Conversion Feature Of Preferred C Stock BeneficialConversionFeatureOfPreferredCStock	0	usd
	kitl	Beneficial Conversion Feature Of Preferred C Stock BeneficialConversionFeatureOfPreferredCStock	249660	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	19744	usd
	us-gaap	Increase Decrease In Other Operating Assets IncreaseDecreaseInOtherOperatingAssets	109	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	2189	usd
	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4786	usd
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	5586	usd
	us-gaap	Increase Decrease In Accounts And Other Receivables IncreaseDecreaseInAccountsAndOtherReceivables	60008	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	11563	usd
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	4238	usd
	us-gaap	Increase Decrease In Accounts Payable IncreaseDecreaseInAccountsPayable	-8843	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	21163	usd
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-370	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-347280	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-204594	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1910	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-1910	usd
CY2021Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
	kitl	Issuance Of Common Stock As Financing Commitment Share Shares IssuanceOfCommonStockAsFinancingCommitmentShareShares	1607000	shares
	us-gaap	Proceeds From Convertible Debt ProceedsFromConvertibleDebt	0	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	usd
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	175000	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	5000	usd
	us-gaap	Proceeds From Issuance Of Preferred Stock And Preference Stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock	80000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	485000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	255000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	137720	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	48496	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	139485	usd
CY2020Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	37336	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	277205	usd
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	85832	usd
	us-gaap	Interest Paid Net InterestPaidNet	0	usd
	us-gaap	Interest Paid Net InterestPaidNet	0	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
	us-gaap	Income Taxes Paid Net IncomeTaxesPaidNet	0	usd
	us-gaap	Use Of Estimates UseOfEstimates	<p id="xdx_846_eus-gaap--UseOfEstimates_zR8d6mpgttd5" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i><span style="text-decoration: underline"><span id="xdx_86E_z89mqP4qZ7ib">Use of Estimates</span></span></i></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. The most significant estimates relate to revenue recognition, valuation of accounts receivable and the allowance for doubtful accounts, inventories, purchase price allocation of acquired businesses, impairment of long-lived assets and goodwill, valuation of financial instruments, income taxes, and contingencies. The Company bases its estimates on historical experience, known or expected trends and various other assumptions that are believed to be reasonable given the quality of information available as of the date of these financial statements. The results of these assumptions provide the basis for making estimates about the carrying amounts of assets and liabilities that are not readily apparent from other sources. Actual results could differ from these estimates. </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify"><i> </i></p>
CY2022Q2	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	15089	usd
CY2021Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	12900	usd
CY2021Q4	us-gaap	Allowance For Doubtful Accounts Receivable Current AllowanceForDoubtfulAccountsReceivableCurrent	0	usd
CY2021Q2	kitl	Employee Retention Credit EmployeeRetentionCredit	27190	usd
CY2021Q4	kitl	Employee Retention Credit EmployeeRetentionCredit	41717	usd
CY2022Q2	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	4839	usd
CY2021Q4	us-gaap	Value Added Tax Receivable Current ValueAddedTaxReceivableCurrent	4839	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	277205	usd
CY2021Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	139485	usd
CY2022Q2	us-gaap	Inventory Net InventoryNet	16833	usd
CY2022Q2	kitl	Right Of Use Operating Assets RightOfUseOperatingAssets	562000	usd
CY2022Q2	kitl	Right Of Use Operating Lease Liabilities RightOfUseOperatingLeaseLiabilities	562000	usd
CY2021Q4	us-gaap	Inventory Net InventoryNet	5270	usd
CY2022Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	277205	usd
CY2022Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-14415850	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	4740	usd
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	5793	usd
	kitl	Issuance Of Common Stock As Financing Commitment Share Value IssuanceOfCommonStockAsFinancingCommitmentShareValue	97453	usd
CY2022Q2	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	10849	usd
CY2021Q4	us-gaap	Sales And Excise Tax Payable Current SalesAndExciseTaxPayableCurrent	4666	usd
CY2022Q2	us-gaap	Interest Payable Current InterestPayableCurrent	52406	usd
CY2021Q4	us-gaap	Interest Payable Current InterestPayableCurrent	4363	usd
CY2022Q2	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	92413	usd
CY2021Q4	us-gaap	Accrued Payroll Taxes Current AccruedPayrollTaxesCurrent	125476	usd
CY2022Q2	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	155668	usd
CY2021Q4	us-gaap	Accrued Liabilities Current AccruedLiabilitiesCurrent	134505	usd
CY2022Q2	us-gaap	Accrued Payroll Taxes Current And Noncurrent AccruedPayrollTaxesCurrentAndNoncurrent	53856	usd
CY2021Q4	us-gaap	Accrued Payroll Taxes Current And Noncurrent AccruedPayrollTaxesCurrentAndNoncurrent	43001	usd
	us-gaap	Line Of Credit Facility Interest Rate During Period LineOfCreditFacilityInterestRateDuringPeriod	0.08	pure
CY2022Q2	us-gaap	Notes Payable Current NotesPayableCurrent	12171	usd
CY2022Q2	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	490000	usd
CY2021Q4	us-gaap	Convertible Notes Payable ConvertibleNotesPayable	10000	usd
	us-gaap	Debt Instrument Interest Rate During Period DebtInstrumentInterestRateDuringPeriod	0.12	pure
CY2022Q2	us-gaap	Debt Instrument Convertible Conversion Price1 DebtInstrumentConvertibleConversionPrice1	0.025
	us-gaap	Payments For Fees PaymentsForFees	173037	usd
CY2022Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	200000000	shares
CY2022Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	185520582	shares
CY2021Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	180913582	shares
CY2022Q2	us-gaap	Finance Lease Right Of Use Asset FinanceLeaseRightOfUseAsset	562030	usd
CY2022Q2	us-gaap	Operating Lease Liability OperatingLeaseLiability	88469	usd
CY2022Q2	us-gaap	Operating Lease Liability Noncurrent OperatingLeaseLiabilityNoncurrent	473561	usd
	us-gaap	Operating Leases Rent Expense Minimum Rentals OperatingLeasesRentExpenseMinimumRentals	68981	usd
	us-gaap	Operating Leases Rent Expense Minimum Rentals OperatingLeasesRentExpenseMinimumRentals	53427	usd

Files In Submission

Name	View Source	Status
0001683168-22-005585-index-headers.html	Edgar Link	pending
0001683168-22-005585-index.html	Edgar Link	pending
0001683168-22-005585.txt	Edgar Link	pending
0001683168-22-005585-xbrl.zip	Edgar Link	pending
Financial_Report.xlsx	Edgar Link	pending
kisses_ex3101.htm	Edgar Link	pending
kisses_ex3102.htm	Edgar Link	pending
kisses_ex3201.htm	Edgar Link	pending
kisses_ex3202.htm	Edgar Link	pending
kisses_i10q-063022.htm	Edgar Link	pending
kitl-20220630.xsd	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
kitl-20220630_def.xml	Edgar Link	unprocessable
kitl-20220630_lab.xml	Edgar Link	unprocessable
kitl-20220630_cal.xml	Edgar Link	unprocessable
kitl-20220630_pre.xml	Edgar Link	unprocessable
kisses_i10q-063022_htm.xml	Edgar Link	completed
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$KITL
Kisses From Italy Inc. Stock $kitl

2022 Q3 Form 10-Q Financial Statement

#000168316822005585 Filed on August 12, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KITL Kisses From Italy Inc. Stock $kitl

2022 Q3 Form 10-Q Financial Statement

#000168316822005585 Filed on August 12, 2022

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$KITL
Kisses From Italy Inc. Stock $kitl