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CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2018
Sep. 30, 2018
Current assets:    
Cash and cash equivalents $ 8,031,534 $ 4,282,553
Accounts receivable 843,175 307,874
Accounts receivable- related party 1,335,956 1,537,863
Accounts receivable other 739,239 1,743,874
Merchant reserve 451,343 0
Marketable securities 718,658 1,050,961
Investment other securities 1,159,112 1,159,112
Note receivable 465,000 459,000
Note receivable - related party 0 156,147
Inventory 1,191,982 123,223
Deferred issuance costs 0 28,049
Prepaid consulting agreement 125,000 200,000
Prepaid rent 144,000 180,000
Prepaid expenses and other current assets 526,936 561,491
Total current assets 15,731,935 11,790,147
Other assets:    
Property and equipment, net 661,610 53,480
Goodwill 55,258,546 0
Intangible assets, net 24,785,313 3,173,985
Total other assets 80,705,469 3,227,465
Total assets 96,437,404 15,017,612
Current liabilities:    
Accounts payable 429,352 473,717
Accounts payable related party 20,170 7,860
Deferred revenue 47,083 161,458
Note payable - related parties 580,000 0
Customer deposit - related party 265,000 0
Accrued expenses 339,708 6,920
Accrued expenses - related party 90,361 320,000
Total current liabilities 1,771,674 969,955
Long term liabilities    
Other long term liabilities 6,734 7,502
Contingent liability 71,353,483 0
Long term liabilities - to related party 184,300 0
Deferred tax liability 4,996,000 21,000
Total long term liabilities 76,540,517 28,502
Total liabilities 78,312,191 998,457
Level Brands, Inc. shareholders' equity:    
Preferred stock, authorized 50,000,000 shares, $0.001 par value, no shares issued and outstanding 0 0
Common stock, authorized 150,000,000 shares, $0.001 par value, 10,095,356 and 8,123,928 shares issued and outstanding, respectively 10,095 8,124
Additional paid in capital 28,074,224 21,781,095
Accumulated other comprehensive income (loss) (4,011,342) (2,512,539)
Accumulated deficit (7,253,882) (6,669,497)
Total Level Brands, Inc. shareholders' equity 16,819,095 12,607,183
Non-controlling interest 1,306,118 1,411,972
Total shareholders' equity 18,125,213 14,019,155
Total liabilities and shareholders' equity $ 96,437,404 $ 15,017,612