INNOVATIVE FOOD HOLDINGS INC
For the period ended Jun 30, 2026. Filed Aug 14, 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.
Jun 30, 2026 · Filed Aug 14, 2026
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Consolidated Statements of Operations
| For the | For the | For the | For the | |
|---|---|---|---|---|
| Three Months Ended | Three Months Ended | Six Months Ended | Six Months Ended | |
| June 30, | June 30, | June 30, | June 30, | |
| 2026 | 2025 | 2026 | 2025 | |
| Revenue | $13,057,122 | $16,637,690 | $25,233,695 | $31,663,705 |
| Cost of goods sold | 9,638,652 | 12,358,878 | 18,692,604 | 23,464,629 |
| Gross margin | 3,418,470 | 4,278,812 | 6,541,091 | 8,199,076 |
| Selling, general and administrative expenses | 3,023,457 | 3,452,242 | 5,795,385 | 7,112,050 |
| Total operating expenses | 3,023,457 | 3,452,242 | 5,795,385 | 7,112,050 |
| Operating income | 395,013 | 826,570 | 745,706 | 1,087,026 |
| Other income (expense): | ||||
| Interest income (expense), net | (630) | (1,014) | (7,932) | (7,651) |
| Total other income (expense) | (630) | (1,014) | (7,932) | (7,651) |
| Net income before taxes | 394,383 | 825,556 | 737,774 | 1,079,375 |
| Income tax expense | 28,391 | - | 28,391 | - |
| Net income from continuing operations | $365,992 | $825,556 | $709,383 | $1,079,375 |
| Net income (loss) from discontinued operations | $(1,608) | $(767,046) | $1,495,277 | $(1,451,301) |
| Consolidated net income (loss) | $364,384 | $58,510 | $2,204,660 | $(371,926) |
| Net income per share from continuing operations - basic | $0.007 | $0.015 | $0.013 | $0.020 |
| Net income per share from continuing operations - diluted | $0.007 | $0.015 | $0.013 | $0.020 |
| Net income (loss) per share from discontinued operations - basic | $(0.000) | $(0.014) | $0.027 | $(0.027) |
| Net income (loss) per share from discontinued operations - diluted | $(0.000) | $(0.014) | $0.027 | $(0.027) |
| Weighted average shares outstanding - basic | 54,649,479 | 54,785,684 | 54,649,479 | 54,376,253 |
| Weighted average shares outstanding - diluted | 54,649,479 | 54,785,684 | 54,649,479 | 54,376,253 |
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