Welcome to our dedicated page for INNOVATIVE DESIGNS SEC filings (Ticker: IVDN), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Our SEC filing database is enhanced with expert analysis from Rhea-AI, providing insights into the potential impact of each filing on INNOVATIVE DESIGNS's stock performance. Each filing includes a concise AI-generated summary, sentiment and impact scores, and end-of-day stock performance data showing the actual market reaction. Navigate easily through different filing types including 10-K annual reports, 10-Q quarterly reports, 8-K current reports, proxy statements (DEF 14A), and Form 4 insider trading disclosures.
Designed for fundamental investors and regulatory compliance professionals, our page simplifies access to critical SEC filings. By combining real-time EDGAR feed updates, Rhea-AI's analytical insights, and historical stock performance data, we provide comprehensive visibility into INNOVATIVE DESIGNS's regulatory disclosures and financial reporting.
Innovative Designs, Inc. reported a small profit for the quarter ended April 30, 2026 but continues to face serious financial pressure. Quarterly revenue was $808,666, slightly above $796,369 a year earlier, driven solely by higher House Wrap sales.
Net income for the quarter was $106,060 and $267,701 for the six months, yet operating cash flow was negative $126,002, with cash falling to $358,308 from $605,052 at the start of the period. The company still has an accumulated deficit of $9,777,629 and discloses that these factors raise substantial doubt about its ability to continue as a going concern for one year from issuance.
Innovative Designs, Inc. filed an amended annual report to correct the audit report date on its financial statements; no other disclosures were changed. The audit report now correctly reflects a date of January 29, 2026.
For the year ended October 31, 2025, the company generated revenue of $2,765,149, up sharply from $1,382,733 in 2024, driven almost entirely by Insultex House Wrap sales. Net income improved to $494,703 from $96,923, with operating income of $500,606 and cash from operations of $459,847.
Despite the profit and year-end cash of $605,052, the auditor and management highlight substantial doubt about the company’s ability to continue as a going concern due to its history of losses and an accumulated deficit of $10,045,330. The business remains highly concentrated in a few customers and single-source suppliers, operates as a penny stock, and reports material weaknesses in internal control over financial reporting.
Innovative Designs, Inc. reported improved results for the quarter ended January 31, 2026. Revenue rose to $632,201 from $543,916, driven solely by higher House Wrap sales. Net income increased to $161,641 from $36,202, and operating cash flow was $227,062, lifting cash to $721,372.
The balance sheet remains thin, with total assets of $2,470,337, total liabilities of $249,117 and an accumulated deficit of $9,883,689. Management still discloses “substantial doubt” about the company’s ability to continue as a going concern over the next year, despite the profitable quarter.
The company is discontinuing its Arctic Armor apparel lines and has a $65,600 reserve against apparel inventory, while focusing on House Wrap. It continues to invest in equipment, with $702,083 in deposits on machinery intended to produce Insultex and about $39,139 paid toward new testing equipment.
Innovative Designs, Inc. reports a profitable fiscal year ended October 31, 2025, driven by strong growth in its Insultex House Wrap business. Revenue rose to $2,765,149 from $1,382,733, while net income increased to $494,703 from $96,923, reflecting higher sales and operating leverage.
House Wrap contributed $2,757,614 of revenue, with cold-weather apparel contributing only $7,535 as the company sells down existing inventory. Cash improved to $605,052, liabilities fell to $152,438, and stockholders’ equity increased to $2,059,579, though accumulated deficit remains $10,045,330.
The auditor highlighted substantial doubt about the company’s ability to continue as a going concern due to its deficit and funding needs. Operations depend heavily on two major House Wrap customers and single-source suppliers, and internal controls over financial reporting are considered ineffective, though management is pursuing remediation.
Insider purchases by a director at small prices. A director, John Spagnolo Jr., reported four open-market purchases of Common Stock of INNOVATIVE DESIGNS INC (IVDN) on 05/02/2025, 06/06/2025, 07/01/2025 and 08/04/2025. The filings show incremental buys totaling 25,500 shares and increasing his reported direct holdings from 12,000 to 25,500 shares. Purchase prices ranged from $0.20 to $0.32, and the Form 4 was signed on 10/09/2025.
Innovative Designs Inc. (IVDN) reported condensed interim information showing cash inflows but material uncertainty about its ability to continue as a going concern. The company recorded a positive operating cash flow of $320,842 for the nine-month period ended July 31, 2025, but has an accumulated deficit of ($10,237,207). Accounts receivable stood at $271,249 net of allowances and inventory at $65,600. Management plans to reduce the deficit via sales, stock issuances and borrowings. Several short-term notes were paid in full as of July 31, 2025. The company has made significant deposits on equipment totaling up to $700,000 with staged installments and recorded related impairments and prepayments. The filing discloses legal settlement amounts and execution of corporate charters and certifications.