INNOVATIVE FOOD HOLDINGS INC
For the period ended Sep 30, 2025. Filed Nov 14, 2025.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 14, 2025
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Consolidated Statements of Operations
| For the Three | For the Three | For the Nine | For the Nine | |
|---|---|---|---|---|
| Months Ended | Months Ended | Months Ended | Months Ended | |
| September 30, | September 30, | September 30, | September 30, | |
| 2025 | 2024 | 2025 | 2024 | |
| Revenue | $16,423,716 | $15,866,583 | $49,247,466 | $45,491,432 |
| Cost of goods sold | 12,567,437 | 12,195,250 | 37,192,111 | 34,485,730 |
| Gross margin | 3,856,279 | 3,671,333 | 12,055,355 | 11,005,702 |
| Selling, general and administrative expenses | 3,192,918 | 2,821,901 | 10,304,968 | 9,404,516 |
| Total operating expenses | 3,192,918 | 2,821,901 | 10,304,968 | 9,404,516 |
| Operating income (loss) | 663,361 | 849,432 | 1,750,387 | 1,601,186 |
| Other income (expense): | ||||
| Interest income (expense), net | (15,274) | 11,579 | (22,925) | 36,592 |
| Gain on sale of assets | - | - | - | 1,807,516 |
| Gain on sale of subsidiary | - | - | - | 21,126 |
| Other leasing income | 2,512 | - | 2,512 | - |
| Total other income (expense) | (12,762) | 11,579 | (20,413) | 1,865,234 |
| Income before taxes | 650,599 | 861,011 | 1,729,974 | 3,466,420 |
| - | ||||
| Income tax expense | - | - | - | - |
| Income from continuing operations | $650,599 | $861,011 | $1,729,974 | $3,466,420 |
| Income (loss) from discontinued operations | $(2,369,795) | $473,819 | $(3,821,096) | $(809,040) |
| Net income (loss) | $(1,719,196) | $1,334,830 | $(2,091,122) | $2,657,380 |
| Income per share from continuing operations - basic | $0.012 | $0.017 | $0.032 | $0.069 |
| Income per share from continuing operations - diluted | $0.012 | $0.017 | $0.032 | $0.068 |
| Income (loss) per share from discontinued operations - basic | $(0.043) | $0.009 | $(0.070) | $(0.016) |
| Income (loss) per share from discontinued operations - diluted | $(0.043) | $0.009 | $(0.070) | $(0.016) |
| Weighted average shares outstanding - basic | 54,785,684 | 50,995,008 | 54,514,230 | 50,518,152 |
| Weighted average shares outstanding - diluted | 54,785,684 | 51,639,238 | 54,514,230 | 51,162,382 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.