INNOVATIVE FOOD HOLDINGS INC
For the period ended Mar 31, 2026. Filed May 20, 2026.
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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.
Mar 31, 2026 · Filed May 20, 2026
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Consolidated Statements of Operations
| For the | For the | |
|---|---|---|
| Three Months Ended | Three Months Ended | |
| March 31, | March 31, | |
| 2026 | 2025 | |
| Revenue | $12,176,573 | $15,026,015 |
| Cost of goods sold | 9,053,952 | 11,105,751 |
| Gross margin | 3,122,621 | 3,920,264 |
| Selling, general and administrative expenses | 2,771,928 | 3,659,808 |
| Total operating expenses | 2,771,928 | 3,659,808 |
| Operating income | 350,693 | 260,456 |
| Other (expense) income: | ||
| Interest expense, net | (7,302) | (6,637) |
| Total expense | (7,302) | (6,637) |
| Net income before taxes | 343,391 | 253,819 |
| Income tax expense | - | - |
| Net income from continuing operations | $343,391 | $253,819 |
| Net income (loss) from discontinued operations | $1,496,885 | $(684,255) |
| Consolidated net income (loss) | $1,840,276 | $(430,436) |
| Net income per share from continuing operations - basic | $0.006 | $0.005 |
| Net income per share from continuing operations - diluted | $0.006 | $0.005 |
| Net income (loss) per share from discontinued operations - basic | $0.027 | $(0.013) |
| Net income (loss) per share from discontinued operations - diluted | $0.027 | $(0.013) |
| Weighted average shares outstanding - basic | 54,649,479 | 53,962,273 |
| Weighted average shares outstanding - diluted | 54,649,479 | 53,962,273 |
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