Kindcard, Inc. filings document reporting-compliance notices for its periodic SEC reports, including Form 12b-25 notifications tied to Form 10-K and Form 10-Q reporting periods. These filings identify the registrant, the delayed annual or quarterly report, Rule 12b-25 relief, and the company’s stated need for additional time to compile financial statements and related disclosures.
Kindcard, Inc. notifies the SEC that its Annual Report on Form 10-K for the period ended January 31, 2026 will be filed late under Rule 12b-25 because the company requires additional time to complete compilation and review to ensure adequate disclosure. The filing is expected on or before the 15th calendar day following the prescribed due date. The notification is signed by Michael Rosen, Chief Executive Officer, dated May 4, 2026.
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.
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.