Innovative Food Holdings, Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $927.5K | $1.3M | $5.2M | $4.8M | $6.1M | $5.1M | $4.0M | $4.8M |
| Accounts Receivable | $5.3M | $5.9M | $4.3M | $4.8M | $3.3M | $2.4M | $3.3M | $3.0M |
| Inventory | $3.5M | $3.5M | $3.0M | $3.1M | $3.1M | $3.7M | $2.4M | $2.3M |
| Total Current Assets | $16.8M | $23.9M | $13.6M | $13.2M | $12.8M | $11.4M | $9.9M | $10.2M |
| Property, Plant & Equipment | $1.3M | $1.3M | $7.0M | $7.9M | $8.2M | $8.6M | $6.6M | $2.5M |
| Goodwill | — | — | — | — | — | $0 | $2.2M | $2.2M |
| Intangible Assets (Excl. Goodwill) | $338.1K | $0 | $0 | $31.0K | $72.2K | $100.4K | $1.3M | $2.2M |
| Total Assets | $19.6M | $27.3M | $21.3M | $23.4M | $23.8M | $23.2M | $20.9M | $17.4M |
| Liabilities | ||||||||
| Accounts Payable | $3.0M | $4.1M | $5.8M | $6.6M | $5.4M | $4.9M | $3.9M | $3.4M |
| Total Current Liabilities | $12.4M | $9.4M | $8.6M | $16.4M | $10.2M | $12.2M | $5.6M | $5.7M |
| Long-Term Debt | $216.9K | $282.8K | $8.9M | $0 | $5.4M | $6.2M | $4.0M | $1.2M |
| Total Liabilities | $13.3M | $19.2M | $18.5M | $16.8M | $16.4M | $19.3M | $9.9M | $7.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-38.3M | $-36.2M | $-38.8M | $-34.5M | $-33.1M | $-32.4M | $-24.7M | $-25.0M |
| Total Stockholders' Equity | $6.2M | $8.2M | $2.8M | $6.6M | $7.4M | $3.9M | $11.0M | $10.2M |