INNOVATIVE FOOD HOLDINGS INC (IVFH)
INNOVATIVE FOOD HOLDINGS INC (IVFH)
| Balance Sheets | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Cash and cash equivalents | 1,231,164 | 927,468 | 684,322 | 1,553,555 |
| Cash, restricted | 0 | 507,517 | 507,517 | NaN |
| Accounts receivable, net | 5,303,526 | 5,300,190 | 5,208,208 | 6,916,597 |
| Inventory, net | 3,128,986 | 3,473,604 | 4,248,428 | 5,901,009 |
| Other current assets | 95,500 | 144,143 | 179,526 | 338,237 |
| Assets held-for-sale - discontinued operations | 0 | 6,144,793 | NaN | 5,941,933 |
| Current assets - discontinued operations | 17,281 | 281,699 | 7,783,941 | 0 |
| Total current assets | 9,776,457 | 16,779,414 | 18,611,942 | 20,651,331 |
| Property, plant, and equipment, gross | 2,885,849 | 2,854,666 | 2,887,959 | NaN |
| Less accumulated depreciation | 1,620,107 | 1,581,356 | 1,619,068 | NaN |
| Property and equipment, net | 1,265,742 | 1,273,310 | 1,268,891 | 1,678,212 |
| Right of use assets - operating leases, net | 443,493 | 512,389 | 521,050 | 581,504 |
| Leased assets, gross | NaN | 604,955 | NaN | NaN |
| Less accumulated depreciation | NaN | 399,615 | NaN | NaN |
| Right of use assets - finance leases, net | 51,711 | 205,340 | 65,486 | 464,507 |
| Amortizable intangible assets, net | 316,480 | 338,059 | 359,637 | 381,216 |
| Indefinite-lived intangible assets | 217,000 | 217,000 | 217,000 | 217,000 |
| Other noncurrent assets | 40,000 | 40,000 | 40,000 | NaN |
| Noncurrent assets - discontinued operations | 0 | 215,509 | 0 | NaN |
| Total assets | 12,110,883 | 19,581,021 | 21,084,006 | 23,973,770 |
| Accounts payable and accrued liabilities | 2,824,850 | 3,035,799 | 3,485,360 | 4,187,591 |
| Accrued separation costs - related parties, current portion | 19,759 | 109,236 | 344,003 | 225,559 |
| Deferred revenue | NaN | NaN | NaN | 345,800 |
| Contingent liability, current | NaN | 0 | 0 | 54,430 |
| Accrued interest | NaN | 0 | 0 | 83,207 |
| Stock appreciation rights liability | 733 | 16,143 | 276,052 | 1,125,887 |
| Notes payable, current portion | 67,022 | 66,026 | 65,046 | 197,347 |
| Lease liability - operating leases, current | 294,679 | 285,534 | 247,727 | 242,975 |
| Lease liability - finance leases, current | 23,427 | 48,866 | 24,928 | 84,786 |
| Current liabilities - discontinued operations | 20,771 | 8,877,624 | 9,197,329 | NaN |
| Total current liabilities | 3,251,241 | 12,439,228 | 13,640,445 | 6,547,582 |
| Note payable non-current, net of discount | 199,633 | 216,947 | 233,646 | 8,599,293 |
| Accrued separation costs - related parties, non-current | 400,000 | 400,000 | 400,000 | 400,000 |
| Lease liability - operating leases, non-current | 158,659 | 234,963 | 280,173 | 344,843 |
| Lease liability - finance leases, non-current | 0 | 52,683 | 85,092 | 76,919 |
| Noncurrent liabilities - discontinued operations | NaN | 0 | 0 | NaN |
| Total liabilities | 4,009,533 | 13,343,821 | 14,639,356 | 15,968,637 |
| Common stock 0.0001 par value 500,000,000 shares authorized 57,493,776 shares issued, and 54,649,479 shares outstanding at march 31, 2026 and december 31, 2025, respectively | 5,746 | 5,746 | 5,725 | 5,717 |
| Common stock to be issued 0 and 738,032 shares at december 31, 2025 and 2024, respectively | NaN | 0 | 34 | 42 |
| Additional paid-in capital | 45,671,776 | 45,647,902 | 45,881,149 | 45,722,436 |
| Treasury stock 2,644,297 shares outstanding at march 31, 2026 and december 31, 2025 | 1,141,372 | 1,141,372 | 1,141,372 | 1,141,372 |
| Accumulated deficit | -36,434,800 | -38,275,076 | -38,300,886 | -36,581,690 |
| Total stockholders' equity | 8,101,350 | 6,237,200 | 6,444,650 | 8,005,133 |
| Total liabilities and stockholders' equity | 12,110,883 | 19,581,021 | 21,084,006 | 23,973,770 |