Innovative Designs Inc (IVDN) financial statements (2021 and earlier)

Company profile

Business Address 124 CHERRY ST.
PITTSBURGH, PA 15223
State of Incorp. DE
Fiscal Year End October 31
SIC 239 - Miscellaneous Fabricated Textile Products (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in thousands)

7/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 351122155031,152
Cash and cash equivalents 351122155031,152
Receivables 613247286
Inventory, net of allowances, customer advances and progress billings 636721730937924
Inventory 636721730937924
Prepaid expense 101215178
Deposits current assets 575770 78
Other undisclosed current assets 38222 
Total current assets: 7829181,0551,5312,248
Noncurrent Assets
Property, plant and equipment 9813216117751
Deposits noncurrent assets 600617617617420
Other undisclosed noncurrent assets 88844 
Total noncurrent assets: 786757782798471
TOTAL ASSETS: 1,5691,6741,8372,3292,719
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities 620229199260290
Accounts payable 590195129117119
Accrued liabilities 1111259393
Interest and dividends payable 1923445078
Debt 5619181515
Due to related parties 96145119119354
Total current liabilities: 771393335394659
Noncurrent Liabilities
Long-term debt and lease obligation 160101119189235
Long-term debt, excluding current maturities 81101119189235
Operating lease, liability 79
Total noncurrent liabilities: 160101119189235
Total liabilities: 932493454583894
Stockholders' equity
Stockholders' equity attributable to parent 6371,1811,3821,7451,825
Common stock 33332
Additional paid in capital 10,40410,1079,7259,4568,903
Accumulated deficit (9,771)(8,929)(8,346)(7,713)(7,080)
Total stockholders' equity: 6371,1811,3821,7451,825
TOTAL LIABILITIES AND EQUITY: 1,5691,6741,8372,3292,719

Income statement (P&L) ($ in thousands)

7/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
Revenues 216250368602773
Revenue, net368602773
Cost of revenue (127)(189)(216)(304)(372)
Cost of goods and services sold  (24)(216)(304)(372)
Gross profit: 8961152299401
Operating expenses (898)(648)(756)(865)(816)
Operating loss: (809)(587)(604)(567)(415)
Nonoperating income (expense) (33)5(29)(66)(97)
Other nonoperating income (expense) (18)(1)(5)(2)0
Interest and debt expense (18)(23)(24)(63)(94)
Net loss: (860)(606)(657)(696)(605)
Other undisclosed net income attributable to parent 1823246394
Net loss available to common stockholders, diluted: (842)(583)(633)(632)(512)

Comprehensive Income ($ in thousands)

7/31/2020
TTM
10/31/2019
10/31/2018
10/31/2017
10/31/2016
10/31/2015
Net loss: (860)(606)(657)(696)(605)
Comprehensive loss, net of tax, attributable to parent: (860)(606)(657)(696)(605)

Statements sources

The financial statements are based on the company's filings with the 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: