For the quarter ending 2025-09-30, IVFH has $21,084,006 in assets. $14,639,356 in debts. $684,322 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 684,322 | 1,553,555 | ||
| Cash, restricted | 507,517 | - | ||
| Assets held for sale | - | 5,941,933 | ||
| Accounts receivable, net | 5,208,208 | 6,916,597 | ||
| Inventory, net | 4,248,428 | 5,901,009 | ||
| Other current assets | 179,526 | 338,237 | ||
| Current assets - discontinued operations | 7,783,941 | 0 | ||
| Total current assets | 18,611,942 | 20,651,331 | ||
| Property, plant, and equipment, gross | 2,887,959 | - | ||
| Less accumulated depreciation | 1,619,068 | - | ||
| Property and equipment, net | 1,268,891 | 1,678,212 | ||
| Right of use assets - operating leases, net | 521,050 | 581,504 | ||
| Right of use assets - finance leases, net | 65,486 | 464,507 | ||
| Amortizable intangible assets, net | 359,637 | 381,216 | ||
| Indefinite intangible assets | 217,000 | 217,000 | ||
| Other noncurrent assets | 40,000 | - | ||
| Noncurrent assets discontinued operations | 0 | - | ||
| Total assets | 21,084,006 | 23,973,770 | ||
| Accounts payable and accrued liabilities | 3,485,360 | 4,187,591 | ||
| Accrued separation costs - related parties, current portion | 344,003 | 225,559 | ||
| Accrued interest | 0 | 83,207 | ||
| Stock appreciation rights liability | 276,052 | 1,125,887 | ||
| Notes payable, current portion | 65,046 | 197,347 | ||
| Lease liability - operating leases, current | 247,727 | 242,975 | ||
| Deferred revenue | - | 345,800 | ||
| Lease liability - finance leases, current | 24,928 | 84,786 | ||
| Contingent liability, current | 0 | 54,430 | ||
| Current liabilities - discontinued operations | 9,197,329 | - | ||
| Total current liabilities | 13,640,445 | 6,547,582 | ||
| Note payable, net of discount | 233,646 | 8,599,293 | ||
| Accrued separation costs - related parties, non-current | 400,000 | 400,000 | ||
| Lease liability - operating leases, non-current | 280,173 | 344,843 | ||
| Lease liability - finance leases, non-current | 85,092 | 76,919 | ||
| Noncurrent liabilities discontinued operations | 0 | - | ||
| Total liabilities | 14,639,356 | 15,968,637 | ||
| Common stock 0.0001 par value 500,000,000 shares authorized 57,279,246 and 56,009,032 shares issued, and 54,434,949 and 53,164,735 shares outstanding at september 30, 2025 and december 31, 2024, respectively | 5,725 | 5,717 | ||
| Common stock to be issued 350,735 and 738,032 shares at september 30, 2025 and december 31, 2024, respectively | 34 | 42 | ||
| Additional paid-in capital | 45,881,149 | 45,722,436 | ||
| Treasury stock 2,644,297 shares outstanding at september 30, 2025 and december 31, 2024, at cost | 1,141,372 | 1,141,372 | ||
| Accumulated deficit | -38,300,886 | -36,581,690 | ||
| Total stockholders equity | 6,444,650 | 8,005,133 | ||
| Total liabilities and stockholders equity | 21,084,006 | 23,973,770 | ||
INNOVATIVE FOOD HOLDINGS INC (IVFH)
INNOVATIVE FOOD HOLDINGS INC (IVFH)