INDOOR HARVEST CORP (INQD) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 10, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2024, filed May 20, 2025. Each column of the statement tables below links to the filing it was taken from.
This page shows INDOOR HARVEST CORP (INQD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Balance-sheet reversals, rather than operating performance, dominate the reported picture as short-term coverage and equity swing sharply across FY2021–FY2023.
The company moved from a positive-equity, stronger short-term position in FY2022, with a current ratio of 1.9x, to negative equity and a current ratio of 0.0x in FY2023. Liabilities consequently exceeded assets by a wide margin, indicating a materially changed financing structure rather than simply a weaker operating year.
Operating cash flow deteriorated from
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
INDOOR HARVEST CORP does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
Not reported for Q1 2024.
Not reported for Q1 2024.
Not reported for Q1 2024.
Cash & Balance Sheet
INDOOR HARVEST CORP held $31 in cash as of Q1 2024; long-term debt is not reported for that period.
Not reported for Q1 2024.
Not reported for Q1 2024.
Margins & Returns
None of these metrics is reported for Q1 2024.
Capital Allocation
None of these metrics is reported for Q1 2024.
INQD Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q | Q2'2210-Q |
|---|---|---|---|---|---|---|---|---|
| SG&A Expenses | $67K-13.5% | N/A | $69K-78.7% | N/A | $77K-87.8% | N/A | $324K | $700K+12220.2% |
| Operating Income | N/A | N/A | -$258K+55.0% | N/A | -$384K | N/A | -$575K | -$1.3M-4278.0% |
| Interest Expense | $18K | N/A | $61K | N/A | N/A | N/A | N/A | N/A |
| Net Income | N/A | N/A | -$372K+35.1% | -$692K+46.1% | -$374K | N/A | -$573K | -$1.3M |
| EPS (Basic) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00-100.0% | $0.00-100.0% |
| EPS (Diluted) | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| Diluted Shares (Avg) | 3.14B+13.9% | N/A | 2.83B | N/A | 2.76B+7.0% | N/A | 2.69B+1.7% | 2.64B-82.3% |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, EBITDA, Income Tax.
INQD Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q | Q2'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $34K-93.1% | $37K-93.5% | $637K+31.7% | $602K+60.1% | $494K+144.1% | $579K+145.7% | $484K+149.9% | $376K+822.0% |
| Current Assets | $34K-90.3% | $37K-91.4% | $51K-85.5% | $64K-83.0% | $349K+72.5% | $434K+84.2% | $354K+82.7% | $376K+822.0% |
| Cash & Equivalents | $31-99.6% | N/A | $7K-96.6% | $15K-95.0% | $8K-96.0% | $226K-2.8% | $192K+0.3% | $298K+630.6% |
| Short-Term Investments | $0 | N/A | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | N/A | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $1.6M+374.6% | $1.3M+468.6% | $886K+674.2% | $666K+514.6% | $337K+165.3% | $233K+61.6% | $115K-84.3% | $108K-99.9% |
| Current Liabilities | $1.6M+374.6% | $1.3M+468.6% | $886K+674.2% | $666K+514.6% | $337K+165.3% | $233K+61.6% | $115K-84.3% | $108K-99.9% |
| Non-Current Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Equity | -$1.6M-1096.5% | -$1.3M-473.2% | -$250K-167.7% | -$93K-134.6% | $157K+108.4% | $346K+278.9% | $369K+169.1% | $268K+100.2% |
| Retained Earnings | -$30.7M-12.0% | -$30.3M-12.1% | -$28.5M-7.1% | -$27.1M-3.9% | -$27.4M-10.8% | -$27.1M-14.2% | -$26.6M-20.3% | -$26.0M+81.2% |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
INQD Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q | Q2'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $31+100.0% | N/A | -$789K-143.2% | $33K | -$197K-70.7% | -$235K-48.6% | $1.8M+1268.5% | N/A |
| Stock-Based Compensation | $122K+89.3% | N/A | N/A | N/A | $64K-93.4% | N/A | N/A | N/A |
| Investing Cash Flow | N/A | N/A | $123K | -$251K | -$143K | -$75K | N/A | N/A |
| Financing Cash Flow | N/A | N/A | $657K+138.6% | $225K | $121K+61.3% | $352K+76.0% | -$1.7M-655.1% | N/A |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
INQD Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2410-Q | Q4'2310-Q | Q3'2310-Q | Q2'2310-Q | Q1'2310-Q | Q4'2210-K | Q3'2210-Q | Q2'2210-Q |
|---|---|---|---|---|---|---|---|---|
| Return on Equity | N/A | N/A | N/A | N/A | -237.8% | N/A | -155.3% | -479.7% |
| Return on Assets | N/A | N/A | -58.4%+60.1pp | -114.9%+226.6pp | -75.6% | N/A | -118.5% | -341.6% |
| Current Ratio | 0.02-1.0x | 0.03-1.8x | 0.06-3.0x | 0.10-3.4x | 1.04-0.6x | 1.86+0.2x | 3.09+2.8x | 3.47+3.5x |
| Debt-to-Equity | N/A | N/A | N/A | N/A | 2.15+0.5x | 0.68-0.9x | 0.31 | 0.40 |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$1.3M), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.03), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| INDOOR HARVEST CORP INQD | FY2023 | N/A | N/A | N/A | $321K | — |
| LOWELL FARMS INC LOWLF | FY2023 | $28.3M | -$37.3M | N/A | $309K | — |
Where INDOOR HARVEST CORP Ranks
Frequently Asked Questions
What are INDOOR HARVEST CORP's total assets?
INDOOR HARVEST CORP (INQD) had $37K in total assets as of fiscal year 2023, including both current and long-term assets.
What is INDOOR HARVEST CORP's current ratio?
INDOOR HARVEST CORP (INQD) had a current ratio of 0.03 as of fiscal year 2023, which is below 1.0, which may suggest potential liquidity concerns.
What is INDOOR HARVEST CORP's P/E ratio?
INDOOR HARVEST CORP (INQD) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $321K as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is INDOOR HARVEST CORP's price-to-sales ratio?
INDOOR HARVEST CORP (INQD) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $321K as of Sep 10, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is INDOOR HARVEST CORP's debt-to-equity ratio negative or not reported?
INDOOR HARVEST CORP (INQD) has negative shareholder equity of -$1.3M as of fiscal year 2023, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.