Here are the 10-Q quarterly reports from Kindcard Inc (KCRD) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow KCRD and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full KCRD filings page.
Kindcard, Inc. (KCRD) reported lower revenue and a narrower loss for the three and six months ended July 31, 2026, while remaining highly leveraged and capital constrained. Revenue was $72,758 for the quarter and $146,933 for the six months, down from $90,930 and $176,521 in the prior-year periods.
The company posted a net loss of $54,183 for the quarter and $116,601 for the six months, improving from losses of $178,480 and $233,544 a year earlier, driven mainly by reduced general and administrative expenses. Cash was $9,254 and total liabilities were $1,301,316, contributing to a working capital deficit of $1,056,964 and an accumulated deficit of $1,749,171.
Management states there is substantial doubt about Kindcard’s ability to continue as a going concern without additional capital. The company also discloses a material weakness in internal control over financial reporting related to review and approval of related-party transactions and describes remediation steps, including an Assumption, Indemnification and Pledge Agreement addressing an OnDeck loan whose proceeds were transferred to the CEO.
Kindcard, Inc. reported quarterly revenue of $74,175 for the three months ended April 30, 2026, down from $85,591 a year earlier, and a net loss of $62,418. Gross profit was $55,857 on cost of sales of $18,318, while operating expenses totaled $118,275.
The company ended the quarter with just $9,140 in cash, total assets of $60,148, and total liabilities of $1,240,775, resulting in a stockholders’ deficit of $1,180,627 and a working capital deficit of $1,027,311. Management states that these conditions raise substantial doubt about the ability to continue as a going concern and expects to rely on private financings and related-party funding.
Debt includes $406,351 in short-term notes payable, a Small Business Administration disaster loan with a total balance of $167,085, and related-party obligations of $185,405, including a 1% convertible note at a $0.01 per-share conversion price. Management also concluded disclosure controls and procedures were not effective due to material weaknesses in internal control over financial reporting.
Kindcard, Inc. reports another quarterly loss and continued financial strain for the quarter ended October 31, 2025. Revenue was $97,711 for the quarter and $274,232 for the nine months, down from the prior-year periods, mainly due to weaker Cash Pickup activity. Gross profit for nine months was $201,659 against operating expenses of $480,084, leading to a net loss of $278,425.
The balance sheet is highly leveraged: total assets were $47,046 versus total liabilities of $1,242,944, and cash was only $9,698. Kindcard reports a working capital deficit of $1,050,289 and an accumulated deficit of $1,700,559, and its auditor notes “substantial doubt” about its ability to continue as a going concern. Operations are being supported by related-party loans and notes payable.
The company issued 5,160,799 shares for services, bringing common shares outstanding to 103,330,799, and it terminated a prior advisory agreement with no shares issued. Management also concluded that disclosure controls and procedures were not effective due to material weaknesses in internal control over financial reporting.
Kindcard, Inc. (KCRD) shows limited quarterly disclosures highlighting capital structure, related-party debt and accrued liabilities. The filing reports between 98,170,000 and 103,330,799 shares issued and outstanding. Accounts receivable net balances were $19,764 at July 31, 2025 and $17,728 at January 31, 2025, with small allowances of $597 and $179 respectively. The company discloses multiple loans from RMR, an entity owned and controlled by the CEO, including a convertible note of approximately $296,498 convertible at $0.01 per share and accrued interest of $3,055 (totaling ~$299,553 as of July 31, 2025). Other related-party balances include a loan extended with accrued interest totaling $27,961 and a separate loan with a remaining balance of $17,042. The filing states consolidated financials do not include adjustments that might result from uncertainty about asset recoverability or liability classification. The company has issued small amounts of restricted stock for consulting and recorded consulting expense of $295 for issued shares. Overall, the disclosure emphasizes related-party funding, potential dilution from convertible debt, accrued taxes and fees, and uncertainty around asset/liability classification.