KONA GOLD BEVERAGE, INC. — Financial Data
Annual figures from SEC EDGAR XBRL filings (10-K)
These figures are extracted directly from XBRL-tagged financial statements that KONA GOLD BEVERAGE, INC. filed with the SEC as part of its annual 10-K reports. XBRL (eXtensible Business Reporting Language) is a structured data format the SEC requires for machine-readable financial disclosures. Values shown are as reported — negative figures indicate a loss and are shown in red.
Revenue
Total revenue from all business activities — the top line of the income statement. Represents all money earned before any expenses are deducted.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $910.2K | Apr 15, 2021 |
| FY2020 | Dec 31, 2019 | $1.63M | Apr 15, 2021 |
Revenue
Revenue recognized from contracts with customers under ASC 606, excluding taxes collected on behalf of government authorities. This is the primary revenue concept for many companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $4.44M | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $2.48M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $910.2K | Apr 13, 2022 |
Gross Profit
Revenue minus the cost of goods sold (COGS). Gross profit shows how much revenue remains to cover operating expenses, R&D, and administrative costs before calculating operating income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $991.9K | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $335.4K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $256.1K | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | $317.6K | Apr 15, 2021 |
Net Income
The bottom-line profit — what remains after all operating expenses, interest, taxes, and other costs are deducted. A negative value means the company reported a net loss for the year.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | ($7.31M) | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | ($7.02M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($3.13M) | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | ($1.79M) | Apr 15, 2021 |
Operating Income
Profit from core business operations before interest expense and income taxes (also known as EBIT). Excludes non-operating items, making it a cleaner measure of operational efficiency than net income.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | ($3.16M) | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | ($4.39M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($2.36M) | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | ($3.27M) | Apr 15, 2021 |
SG&A Expense
Selling, general, and administrative expenses — the overhead costs of running the business, including salaries, marketing, legal fees, and corporate office costs. Excludes COGS and R&D.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $4.15M | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $3.38M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $2.61M | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | $2.07M | Apr 15, 2021 |
Operating Cash Flow
Cash generated from core business operations — a more reliable measure of financial health than net income because it strips out non-cash items like depreciation and one-time charges.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | ($2.50M) | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | ($2.73M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($1.37M) | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | ($1.23M) | Apr 15, 2021 |
Capital Expenditures (Capex)
Cash spent on acquiring or upgrading physical assets — property, equipment, and infrastructure. High capex businesses include manufacturing, telecom, and energy companies.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $44.4K | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $194.8K | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $59.5K | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | $127.7K | Apr 15, 2021 |
Total Assets
The total value of everything the company owns or controls — cash, investments, receivables, property, equipment, and intangibles. Reported as of fiscal year end.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $2.22M | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $3.01M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $1.95M | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | $1.37M | Apr 15, 2021 |
Total Liabilities
All financial obligations owed to outside parties — including debt, accounts payable, accrued expenses, and deferred revenue. Subtracting liabilities from total assets gives stockholders' equity.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $5.98M | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | $7.13M | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | $4.81M | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | $3.36M | Apr 15, 2021 |
Stockholders Equity
The net worth attributable to shareholders: total assets minus total liabilities. Also called book value. Can be negative if liabilities exceed assets, which is common in capital-intensive industries.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | ($3.77M) | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | ($4.12M) | Mar 31, 2023 |
| FY2022 | Dec 31, 2020 | ($2.86M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2019 | ($604.5K) | Apr 13, 2022 |
| FY2020 | Dec 31, 2018 | ($1.20M) | Apr 15, 2021 |
Goodwill
An intangible asset representing the premium paid above fair value when acquiring another company. A large goodwill balance signals a history of acquisitions at premium prices.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | $1.34M | Mar 31, 2023 |
| FY2021 | Dec 31, 2021 | $1.34M | Apr 13, 2022 |
Retained Earnings
Cumulative net income kept by the company rather than distributed as dividends. A growing retained earnings balance indicates consistent profitability; a deficit indicates cumulative losses.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | ($23.61M) | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | ($16.30M) | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | ($9.28M) | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | ($6.15M) | Apr 15, 2021 |
Cash & Equivalents
Highly liquid assets the company holds — cash on hand, bank balances, and short-term investments with maturities of three months or less. A key indicator of short-term financial health.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2020 | Dec 31, 2020 | $113.2K | Apr 15, 2021 |
| FY2020 | Dec 31, 2019 | $36.2K | Apr 15, 2021 |
| FY2020 | Dec 31, 2018 | $8.0K | Apr 15, 2021 |
Long-Term Debt
Debt obligations due more than one year from the balance sheet date — bonds, term loans, and notes payable. High long-term debt relative to equity can signal elevated financial leverage.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2021 | Dec 31, 2021 | $849.9K | Apr 13, 2022 |
| FY2021 | Dec 31, 2020 | $900.0K | Apr 13, 2022 |
EPS (Basic)
Net income divided by the weighted average shares outstanding. Basic EPS does not account for dilutive securities like options or convertible bonds — use diluted EPS for a more conservative view.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | 0 | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | 0 | Mar 31, 2023 |
Shares Outstanding
Total common shares issued and held by all shareholders, excluding treasury shares. Combined with market price gives market capitalization.
| Fiscal Year | Period End | Value | Filed |
|---|---|---|---|
| FY2022 | Dec 31, 2022 | 2.00B | Mar 31, 2023 |
| FY2022 | Dec 31, 2021 | 1.00B | Mar 31, 2023 |
| FY2021 | Dec 31, 2020 | 786.31M | Apr 13, 2022 |
| FY2020 | Dec 31, 2019 | 763.97M | Apr 15, 2021 |
| FY2020 | Apr 14, 2017 | 146.80M | Apr 15, 2021 |