$JVA

COFFEE HOLDING CO INC

CIK:0001007019|SEC Filings

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended		9 Months Ended
	Jul. 31, 2026	Jul. 31, 2025	Jul. 31, 2026	Jul. 31, 2025
Income Statement [Abstract]
NET SALES	$ 21,686,262	$ 23,910,514	$ 69,378,258	$ 68,535,860
COST OF SALES	16,262,131	21,655,486	54,342,122	57,446,245
GROSS PROFIT	5,424,131	2,255,028	15,036,136	11,089,615
OPERATING EXPENSES:
Selling and administrative	2,899,193	3,166,764	9,382,355	9,067,134
Officers’ salaries	200,608	183,415	610,214	637,986
TOTAL	3,099,801	3,350,179	9,992,569	9,705,120
INCOME (LOSS) FROM OPERATIONS	2,324,330	(1,095,151)	5,043,567	1,384,495
OTHER INCOME (EXPENSE):
Interest income	7	5	21	28
Interest expense	(37,816)	(92,683)	(143,180)	(141,905)
Other income				29
TOTAL	(37,809)	(92,678)	(143,159)	(141,848)
INCOME BEFORE INCOME TAX	2,286,521	(1,187,829)	4,900,408	1,242,647
Income Tax Provision	293,083	17,584	996,161	650,749
NET INCOME (LOSS)	$ 1,993,438	$ (1,205,413)	$ 3,904,247	$ 591,898
Basic income (loss) per share	$ 0.35	$ (0.21)	$ 0.68	$ 0.10
Diluted income (loss) per share	$ 0.35	$ (0.21)	$ 0.68	$ 0.10
Weighted average common shares outstanding:
Basic	5,708,599	5,708,599	5,708,599	5,708,599
Diluted	5,708,599	5,708,599	5,708,599	5,708,599

Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	9 Months Ended
	Jul. 31, 2026	Jul. 31, 2025
OPERATING ACTIVITIES:
Net income	$ 3,904,247	$ 591,898
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization	653,250	492,379
Realized and unrealized gains, net	(781,730)	(1,862,877)
Amortization of right-of-use asset	508,854	583,643
Bad debt expense	50,000
Deferred income taxes (benefit)	49,617	(315,709)
Changes in operating assets and liabilities:
Accounts receivable	3,057,797	(185,622)
Inventories	965,792	(5,711,012)
Prepaid expenses and other current assets	(128,016)	(664,433)
Prepaid and refundable income taxes	180,916	285,439
Deposits and other assets	205,267	(408,978)
Accounts payable and accrued expense	(759,980)	2,339,316
Change in lease liabilities	(506,001)	(549,346)
Change in due/from broker	525,000
Deferred compensation payable	(129,646)	8,586
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	7,795,367	(5,396,716)
INVESTING ACTIVITIES:
Acquisition of Second Empire		(800,000)
Purchase of investment	(850,000)
Cash paid for leasehold improvements	(280,834)	(375,286)
Purchases of building, machinery and equipment	(82,704)	(79,249)
NET CASH USED IN INVESTING ACTIVITIES	(1,213,538)	(1,254,535)
FINANCING ACTIVITIES:
Payment of dividends	(467,813)
Proceeds from bank line of credit		7,750,000
Principal payments under bank line of credit	(3,900,000)	(1,500,000)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES	(4,367,813)	6,250,000
NET CHANGE IN CASH AND CASH EQUIVALENTS	2,214,016	(401,251)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR	701,872	1,381,023
CASH AND CASH EQUIVALENTS, END OF PERIOD	2,915,888	979,772
SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:
Cash paid for income taxes
Interest paid	171,345	96,761
SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Initial recognition of lease right-of-use asset	119,358	2,113,581
Initial recognition of lease liabilities	$ 119,358	$ 2,113,581

Condensed Consolidated Balance Sheets - USD ($)	Jul. 31, 2026	Oct. 31, 2025
CURRENT ASSETS:
Cash and cash equivalents	$ 2,915,888	$ 701,872
Accounts receivable, net of allowances of $313,000 for July 31, 2026 and October 31, 2025.	8,985,454	12,093,251
Inventories	19,480,689	20,446,481
Due from broker	1,556,868	1,424,036
Prepaid expenses and other current assets	722,376	594,360
Prepaid and refundable income taxes		180,916
TOTAL CURRENT ASSETS	33,661,275	35,440,916
Building, machinery, and equipment, net	3,187,735	3,463,072
Customer list and relationships, net of accumulated amortization of $330,625 and $316,250 for July 31, 2026 and October 31, 2025, respectively	109,375	123,750
Trademarks and tradenames	327,000	327,000
Equity investments	889,651	39,651
Right of use assets	1,694,679	2,084,175
Deferred income tax assets - net	180,282	229,899
Deposits and other assets	134,642	339,909
TOTAL ASSETS	40,184,639	42,048,372
CURRENT LIABILITIES:
Accounts payable and accrued expenses	4,881,856	5,641,836
Line of credit	2,150,000	6,050,000
Due to broker	179,915	303,813
Lease liabilities - current portion	912,755	811,975
TOTAL CURRENT LIABILITIES	8,124,526	12,807,624
Lease liabilities - long term	1,042,673	1,530,096
Deferred compensation payable		129,646
TOTAL LIABILITIES	9,167,199	14,467,366
Commitments and Contingencies (Note 10)
STOCKHOLDERS’ EQUITY:
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,633,930 shares issued for July 31, 2026 and October 31, 2025; 5,708,599 shares outstanding for July 31, 2026 and October 31, 2025	6,634	6,634
Additional paid-in capital	19,094,618	19,094,618
Retained earnings	16,549,748	13,113,314
Less: common stock held in treasury, at cost; 925,331 shares at July 31, 2026 and October 31, 2025	(4,633,560)	(4,633,560)
TOTAL STOCKHOLDERS’ EQUITY	31,017,440	27,581,006
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 40,184,639	$ 42,048,372