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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Mar. 31, 2023
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 1,718,552 $ 6,720,234
Accounts receivable 1,161,553 1,447,831
Accounts receivable – discontinued operations 0 1,375
Investment other securities 0 1,000,000
Inventory 4,531,890 4,767,373
Prepaid sponsorship 92,755 1,372,845
Prepaid expenses and other current assets 2,641,452 701,945
Total current assets 10,146,202 16,011,603
Other assets:    
Property and equipment, net 798,177 823,310
Operating lease assets 3,921,195 4,477,841
Deposits for facilities 138,708 244,606
Intangible assets 17,279,840 17,834,549
Investment in other securities, noncurrent 1,400,000 1,400,000
Total other assets 23,537,920 24,780,306
Total assets 33,684,122 40,791,909
Current liabilities:    
Accounts payable 1,337,611 2,036,558
Accrued expenses 2,107,179 2,060,762
Operating leases – current portion 1,227,249 1,178,683
Note payable 7,375 9,609
Total current liabilities 4,679,414 5,285,612
Long term liabilities:    
Long term liabilities 0 125,491
Operating leases - long term portion 3,051,484 3,680,375
Contingent liability 167,000 276,000
Total long term liabilities 3,218,484 4,081,866
Total liabilities 7,897,898 9,367,478
Commitments and Contingencies (Note 11)
cbdMD, Inc. shareholders' equity:    
Preferred stock, authorized 50,000,000 shares, $0.001 par value, 5,000,000 and 5,000,000 shares issued and outstanding, respectively 5,000 5,000
Common stock, authorized 150,000,000 shares, $0.001 par value, 1,456,693 and 1,348,125 shares issued and outstanding, respectively 1,457 1,348
Additional paid in capital 180,497,196 178,841,646
Accumulated deficit (154,717,429) (147,423,563)
Total cbdMD, Inc. shareholders' equity 25,786,224 31,424,431
Total liabilities and shareholders' equity $ 33,684,122 $ 40,791,909