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CONSOLIDATED BALANCE SHEETS - USD ($)
Sep. 30, 2020
Sep. 30, 2019
Current assets:    
Cash and cash equivalents $ 14,824,644 $ 4,689,966
Accounts receivable 911,482 1,425,697
Accounts receivable other 0 160,137
Accounts receivable - discontinued operations 447,134 1,080,000
Marketable securities 26,472 198,538
Investment other securities 250,000 600,000
Deposits 40,198 6,850
Merchant reserve 0 519,569
Inventory 4,603,360 4,301,586
Inventory prepaid 288,178 903,458
Deferred issuance costs 0 93,954
Prepaid software 174,308 206,587
Prepaid equipment deposits 40,197 868,589
Prepaid sponsorship 1,203,300 0
Prepaid expenses and other current assets 902,979 688,104
Total current assets 23,712,252 15,743,035
Other assets:    
Property and equipment, net 3,183,487 1,715,557
Operating lease right-of-use assets 6,851,357 0
Deposits for facilities 790,708 754,533
Intangible assets, net 21,635,000 21,635,000
Goodwill 54,669,997 54,669,997
Total other assets 87,130,549 78,775,087
Total assets 110,842,801 94,518,122
Current liabilities:    
Accounts payable 2,850,421 3,021,271
Deferred revenue 45,141 0
Accrued expenses 2,724,779 681,269
Operating leases - short term liabilities 1,159,098 0
Paycheck Protection Program loan 854,000 0
Note payable 55,639 0
Customer deposit - related party 0 7,339
Total current liabilities 7,689,078 3,709,878
Long term liabilities    
Long term liabilities 264,367 363,960
Paycheck Protection Progam loan 602,100 0
Operating leases - long term liabilities 6,010,208 0
Contingent liability 16,200,000 50,600,000
Deferred tax liability 895,000 2,240,300
Total long term liabilities 23,971,675 53,204,260
Total liabilities 31,660,753 56,914,138
cbdMD, Inc. shareholders' equity:    
Preferred stock, authorized 50,000,000 shares, $0.001 par value, 500,000 and 0 shares issued and outstanding, respectively 500 0
Common stock, authorized 150,000,000 shares, $0.001 par value, 52,130,870 and 27,720,356 shares issued and outstanding, respectively 52,131 27,720
Additional paid in capital 126,517,784 97,186,524
Accumulated deficit (47,388,367) (59,610,260)
Total cbdMD, Inc. shareholders' equity 79,182,048 37,603,984
Total liabilities and shareholders' equity $ 110,842,801 $ 94,518,122