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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 1,385,956 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) 0 (2,512,539)
Accumulated deficit (11,291,930) (6,669,497)
Total Level Brands, Inc. shareholders' equity 16,792,389 12,607,183
Non-controlling interest 1,332,824 1,411,972
Total shareholders' equity 18,125,213 14,019,155
Total liabilities and shareholders' equity $ 96,437,404 $ 15,017,612