Innovative Food Holdings, Inc.
Balance Sheet
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 | FY2010 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $5.1M | $3.8M | $1.6M | $2.6M | $2.1M | $1.3M | $862.5K | $518.1K |
| Accounts Receivable | $2.0M | $1.5M | $1.7M | $1.2M | $771.2K | $959.8K | $493.7K | $427.6K |
| Inventory | $938.0K | $815.0K | $920.9K | $938.9K | $840.0K | $517.6K | $42.3K | $52.7K |
| Total Current Assets | $8.5M | $6.2M | $6.1M | $6.6M | $3.7M | $2.8M | $1.4M | $1.1M |
| Property, Plant & Equipment | $2.0M | $2.1M | $2.2M | $877.9K | $954.1K | $145.6K | $18.2K | $23.8K |
| Goodwill | $368.0K | — | — | — | — | $151.0K | — | — |
| Intangible Assets (Excl. Goodwill) | $968.9K | $339.7K | $572.5K | $3.4M | $519.4K | $703.3K | — | — |
| Total Assets | $12.0M | $9.2M | $14.0M | $32.4M | $5.5M | $4.1M | $1.4M | $1.2M |
| Liabilities | ||||||||
| Accounts Payable | $1.7M | $1.5M | $1.6M | $1.6M | $1.3M | $1.3M | $891.8K | $815.2K |
| Total Current Liabilities | $2.4M | $5.4M | $15.1M | $13.5M | $3.9M | $1.9M | $4.8M | $7.3M |
| Long-Term Debt | $866.0K | $1.1M | $1.4M | $737.5K | $727.3K | $185.1K | — | — |
| Total Liabilities | $3.5M | $6.5M | $19.4M | $17.0M | $4.6M | $2.8M | $4.8M | $7.3M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-26.7M | $-31.2M | $-37.6M | $-10.4M | $-6.7M | $-5.2M | $-7.2M | $-8.7M |
| Total Stockholders' Equity | $8.6M | $2.6M | $-5.4M | $15.4M | $940.2K | $1.2M | $-3.4M | $-6.1M |