Innovative Food Holdings Inc (IVFH) Financial Statements (2025 and earlier)

Company Profile

Business Address 9696 BONITA BEACH ROAD, STE 208
BONITA SPRINGS, FL 34135
State of Incorp. FL
Fiscal Year End December 31
Industry (SIC) 5141 - Groceries, General Line (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)
Annual | Quarterly

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments5,3274,8996,1235,0603,9664,760
Cash and cash equivalent5,3274,8996,1235,0603,9664,760
Receivables4,3084,9693,2572,3803,3103,040
Inventory, net of allowances, customer advances and progress billings2,9733,0543,1103,7202,3512,301
Inventory2,9733,0543,1103,7202,3512,301
Disposal group, including discontinued operation96     
Asset, held-for-sale, not part of disposal group650     
Other current assets288289314287274144
Total current assets:13,64113,21212,80411,4479,90010,245
Noncurrent Assets
Finance lease, right-of-use asset, after accumulated amortization436570669776175✕
Operating lease, right-of-use asset29152232247194✕
Property, plant and equipment7,0007,9228,1868,5506,6452,457
Long-term investments and receivables   287497435340
Long-term investments   287497435340
Intangible assets, net (including goodwill), including:2171,5331,5331,5333,5264,342
Goodwill     2,1833,059
Intangible assets, net (excluding goodwill)21731721001,3431,283
Other undisclosed intangible assets, net (including goodwill)  1,5021,4611,432  
Other undisclosed noncurrent assets  3172100  
Total noncurrent assets:7,68210,20810,97911,70310,9757,138
TOTAL ASSETS:21,32323,42023,78323,15020,87517,383
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:6,2536,8535,7035,0994,0103,690
Employee-related liabilities✕✕✕28818475265
Accounts payable6,0466,6005,4154,9143,9353,425
Accrued liabilities 253    
Other undisclosed accounts payable and accrued liabilities207     
Deferred revenue1,3131,5581,6312,918500✕
Debt2377,6966191,946758929
Disposal group, including discontinued operation 6     
Business combination, contingent consideration, liability  187187187473
Other undisclosed current liabilities8323052,0572,058150576
Total current liabilities:8,64116,41310,19812,2075,6055,667
Noncurrent Liabilities
Long-term debt and lease obligation9,0743336,0676,9492151,196
Long-term debt, excluding current maturities8,855 5,4096,151 1,196
Finance lease, liability219333499638155✕
Liabilities, other than long-term debt80287109117157358
Accounts payable and accrued liabilities791     
Operating lease, liability118715815960✕
Business combination, contingent consideration, liability   109117157358
Other undisclosed noncurrent liabilities     3,881 
Total noncurrent liabilities:9,8774216,1757,0654,2531,554
Total liabilities:18,51816,83316,37319,2729,8587,221
Equity
Equity, attributable to parent, including:2,8056,5877,4103,87811,01710,162
Common stock555444
Treasury stock, value(1,141)(1,141)(1,141)(1,141)(1,141)(1,016)
Additional paid in capital42,76342,18941,66337,41536,89036,132
Accumulated deficit(38,821)(34,466)(33,116)(32,400)(24,735)(24,958)
Other undisclosed equity, attributable to parent      
Total equity:2,8056,5877,4103,87811,01710,162
TOTAL LIABILITIES AND EQUITY:21,32323,42023,78323,15020,87517,383

Income Statement (P&L) ($ in thousands)
Annual | Quarterly

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Revenues72,21980,10362,21251,67657,90352,926
Cost of revenue
(Cost of Product and Service Sold)		(54,693)(61,415)(45,261)(37,860)(41,255)(36,842)
Gross profit:17,52618,68816,95113,81716,64816,084
Operating expenses(20,779)(19,726)(20,540)(21,231)(16,464)(14,129)
Operating income (loss):(3,254)(1,037)(3,589)(7,414)1841,955
Nonoperating income (expense)(890)(313)2,873(251)39(104)
Investment income, nonoperating  2963,425 132 
Interest and debt expense(876)(41)3,425(303)(109)(115)
Other undisclosed income from continuing operations before equity method investments, income taxes    303109115
Income (loss) from continuing operations before equity method investments, income taxes:(5,020)(1,391)2,709(7,665)2231,851
Other undisclosed income (loss) from continuing operations before income taxes87641(3,425)   
Income (loss) from continuing operations before income taxes:(4,143)(1,350)(716)(7,665)2231,851
Income tax expense (16)    (155)
Income (loss) from continuing operations:(4,159)(1,350)(716)(7,665)2231,696
Income (loss) before gain (loss) on sale of properties:✕✕✕(716)(7,665)2231,696
Income (loss) from discontinued operations(196)     
Net income (loss) available to common stockholders, diluted:(4,355)(1,350)(716)(7,665)2231,696

Comprehensive Income ($ in thousands)
Annual | Quarterly

12/31/2024
12/31/2023
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
Net income (loss):(4,355)(1,350)(716)(7,665)2231,696
Comprehensive income (loss), net of tax, attributable to parent:(4,355)(1,350)(716)(7,665)2231,696

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: