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Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Sep. 30, 2021
Current assets:    
Cash and cash equivalents $ 6,720,234 $ 26,411,424
Accounts receivable 1,447,831 1,113,372
Accounts receivable – discontinued operations 1,375 10,967
Marketable securities, at cost 0 33,351
Investment other securities 1,000,000 1,000,000
Inventory 4,255,914 5,021,867
Inventory prepaid 511,459 551,519
Prepaid sponsorship 1,372,845 1,212,682
Prepaid expenses and other current assets 701,945 1,147,178
Total current assets 16,011,603 36,502,360
Other assets:    
Property and equipment, net 823,310 2,561,574
Operating lease assets 4,477,841 5,614,960
Deposits for facilities 244,606 529,583
Intangible assets 17,834,549 23,003,929
Goodwill 0 56,670,970
Investment in other securities, noncurrent 1,400,000 0
Total other assets 24,780,306 88,381,016
Total assets 40,791,909 124,883,376
Current liabilities:    
Accounts payable 2,036,558 2,978,914
Accrued expenses 2,060,762 2,727,612
Operating leases – current portion 1,178,683 1,151,150
Note payable 9,609 59,470
Total current liabilities 5,285,612 6,917,146
Long term liabilities:    
Long term liabilities 125,491 108,985
Operating leases - long term portion 3,680,375 4,859,058
Contingent liability 276,000 9,856,000
Total long term liabilities 4,081,866 14,824,043
Total liabilities 9,367,478 21,741,189
Commitments and Contingencies (Note 11)
cbdMD, Inc. shareholders' equity:    
Preferred stock, authorized 50,000,000 shares, $0.001 par value, 5,000,000 and 500,000 shares issued and outstanding, respectively 5,000 5,000
Common stock, authorized 150,000,000 shares, $0.001 par value, $60,665,595 and 57,783,340 shares issued and outstanding, respectively 60,666 57,783
Additional paid in capital 178,782,328 176,417,269
Accumulated deficit (147,423,563) (73,337,865)
Total cbdMD, Inc. shareholders' equity 31,424,431 103,142,187
Total liabilities and shareholders' equity $ 40,791,909 $ 124,883,376