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Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Dec. 31, 2022
Sep. 30, 2022
Current assets:    
Cash and cash equivalents $ 3,352,664 $ 6,720,234
Accounts receivable 898,720 1,447,831
Accounts receivable – discontinued operations 0 1,375
Investment other securities 1,000,000 1,000,000
Inventory 4,690,609 4,255,914
Inventory prepaid 170,659 511,459
Prepaid sponsorship 66,784 1,372,845
Prepaid expenses and other current assets 1,349,784 701,945
Total current assets 11,529,220 16,011,603
Other assets:    
Property and equipment, net 900,567 823,310
Operating lease assets 4,201,204 4,477,841
Deposits for facilities 138,708 244,606
Intangible assets 17,557,194 17,834,549
Investment in other securities, noncurrent 1,400,000 1,400,000
Total other assets 24,197,673 24,780,306
Total assets 35,726,893 40,791,909
Current liabilities:    
Accounts payable 1,689,527 2,036,558
Accrued expenses 2,650,337 2,060,762
Operating leases – current portion 1,202,797 1,178,683
Note payable 9,758 9,609
Total current liabilities 5,552,419 5,285,612
Long term liabilities:    
Long term liabilities 0 125,491
Operating leases - long term portion 3,368,713 3,680,375
Contingent liability 215,000 276,000
Total long term liabilities 3,583,713 4,081,866
Total liabilities 9,136,132 9,367,478
Commitments and Contingencies (Note 11)
cbdMD, Inc. shareholders' equity:    
Preferred stock, authorized 50,000,000 shares, $0.001 par value, 5,000,000 and 5,000,000 shares issued and outstanding, respectively 5,000 5,000
Common stock, authorized 150,000,000 shares, $0.001 par value, 60,712,262 and 60,665,595 shares issued and outstanding, respectively 60,712 60,666
Additional paid in capital 178,905,176 178,782,328
Accumulated deficit (152,380,127) (147,423,563)
Total cbdMD, Inc. shareholders' equity 26,590,761 31,424,431
Total liabilities and shareholders' equity $ 35,726,893 $ 40,791,909