Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)	Mar. 31, 2025	Sep. 30, 2024
Current assets:
Cash and cash equivalents	$ 1,765,234	$ 2,452,553
Accounts receivable, net	1,052,069	983,910
Inventory, net	2,662,705	2,365,187
Inventory prepaid	221,629	159,006
Prepaid sponsorship	11,478	21,754
Prepaid expenses and other current assets	479,312	406,674
Total current assets	6,192,427	6,389,084
Other assets:
Property and equipment, net	432,792	454,268
Operating lease assets	1,042,746	85,817
Deposits for facilities	62,708	62,708
Intangible assets, net	2,507,046	2,889,580
Investment in other securities, noncurrent	700,000	700,000
Total other assets	4,745,292	4,192,373
Total assets	10,937,719	10,581,457
Current liabilities:
Accounts payable	1,287,789	1,541,108
Accrued expenses	609,674	632,674
Accrued dividends	6,672,000	4,671,000
Deferred revenue	557,353	503,254
Operating leases – current portion	744,961	98,696
Convertible notes, at fair value	0	1,171,308
Total current liabilities	9,871,777	8,618,040
Long term liabilities:
Operating leases - long term portion	400,144	0
Total long term liabilities	400,144	0
Total liabilities	10,271,921	8,618,040
Commitments and Contingencies (Note 11)
cbdMD, Inc. shareholders' equity:
Preferred Stock	5,000	5,000
Common Stock	783	492
Additional paid in capital	185,194,577	184,033,012
Other comprehensive income	0	(7,189)
Accumulated deficit	(184,534,562)	(182,067,898)
Total cbdMD, Inc. shareholders' equity	665,798	1,963,417
Total liabilities and shareholders' equity	$ 10,937,719	$ 10,581,457