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For the year ending 2025-10-31, IVDN has $2,212,017 in assets. $152,438 in debts.

Balance Sheets Overview

Current Ratio
1156.45%
Quick Ratio
741.35%
Debt to Asset Ratio
6.89%
Assets Breakdown
    • Deposits on equipment
    • Cash
    • Inventory, net
    • Others
Liabilities Breakdown
    • Additional paid-in-capital
    • Accumulated deficit
    • Accounts payable
    • Others

Unit: Dollar
Balance Sheets
2025-10-31
Cash
605,052
Accounts receivable, net
344,700
Prepaid expenses
10,578
Inventory, net
537,713
Total current assets
1,498,043
Property and equipment
30,530
Advance to employees
20,500
Deposits on equipment
662,944
Total assets
2,212,017
Accounts payable
78,750
Current portion of notes payable
36,724
Accrued interest
2,100
Accrued expenses
11,964
Total current liabilities
129,538
Reserve for unpaid debt
12,900
Long-term portion of shareholders loans
10,000
Total liabilities
152,438
Common stock, par value 0.0001 100,800,000 shares authorized, 38,504,003 and 37,924,003 shares issued and outstanding as of october 31, 2025 and 2024, respectively
3,850
Additional paid-in-capital
12,101,059
Accumulated deficit
-10,045,330
Total stockholders equity
2,059,579
Total liabilities & stockholders equity
2,212,017
Unit: Dollar

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Inventory, net$537,713 Prepaid expenses$10,578 Accounts receivable, net$344,700 Cash$605,052 Deposits on equipment$662,944 Advance to employees$20,500 Property and equipment$30,530 Total current assets$1,498,043 Total assets$2,212,017 Total liabilities &stockholders equity$2,212,017 Total stockholdersequity$2,059,579 Total liabilities$152,438 Accumulated deficit-$10,045,330 Additionalpaid-in-capital$12,101,059 Long-term portion ofshareholders loans$10,000 Reserve for unpaid debt$12,900 Total currentliabilities$129,538 Common stock, par value0.0001 100,800,000...$3,850 Accrued expenses$11,964 Accrued interest$2,100 Current portion of notespayable$36,724 Accounts payable$78,750

INNOVATIVE DESIGNS INC (IVDN)

INNOVATIVE DESIGNS INC (IVDN)