| Balance Sheets | 2025-07-31 | |||
|---|---|---|---|---|
| Cash and cash equivalents | 532,432 | |||
| Prepaid expenses | 14,659 | |||
| Accounts receivable, net | 271,249 | |||
| Inventory, net | 494,985 | |||
| Total current assets | 1,313,325 | |||
| Property, plant, and equipment, net | 32,723 | |||
| Advane to employees | 15,500 | |||
| Deposits on inventory | 90,000 | |||
| Deposits on equipment | 652,944 | |||
| Total long-term assets | 791,167 | |||
| Total assets | 2,104,492 | |||
| Credit cards | 3,368 | |||
| Accounts payable | 168,251 | |||
| Other current liabilities | 42,244 | |||
| Total current liabilities | 213,863 | |||
| Notes payable | 0 | |||
| Reserve for unpaid debt | 12,900 | |||
| Long-term shareholder loans | 10,000 | |||
| Total long-term liabilities | 22,900 | |||
| Total liabilities | 236,763 | |||
| Common stock, 0.0001 par value 100,000,000 shares authorized 38,504,003 and 37,924,003 shares issued and outstanding as of april 30, 2025 and october 31, 2024, respectively | 3,850 | |||
| Additional paid-in capital | 12,101,059 | |||
| Accumulated deficit | -10,237,180 | |||
| Total stockholders deficit | 1,867,729 | |||
| Total liabilities and stockholders deficit | 2,104,492 | |||
INNOVATIVE DESIGNS INC (IVDN)
INNOVATIVE DESIGNS INC (IVDN)