Innovative Designs INC (IVDN) — SEC Filings

Overview

Innovative Designs INC (IVDN) is a publicly traded company tracked on ReadTheFiling. The most recent enriched filing is a 10-Q filed on Sep 15, 2025: INNOVATIVE DESIGNS INC (IVDN) reported a significant turnaround, achieving a net income of $302,853 for the nine months ended July 31, 2025, a substantial improvement from a net loss of $100,247 in the prior year period. Revenues surged to $1,952,921 for the nine-month period, up from $644,497 in 20

Sentiment Summary

Across 16 filings, the sentiment breakdown is: 14 neutral, 2 mixed. The dominant filing sentiment for Innovative Designs INC is neutral.

Filing Type Overview

Innovative Designs INC (IVDN) has filed 6 10-Q, 8 8-K, 2 10-K with the SEC between Feb 2024 to Sep 2025.

Filings by Year

2025 · 2024

Recent Filings (16)

• IVDN Swings to Profit on Soaring Revenue, Apparel Line Discontinued — 10-Q · Sep 15, 2025 Risk: high
  INNOVATIVE DESIGNS INC (IVDN) reported a significant turnaround, achieving a net income of $302,853 for the nine months ended July 31, 2025, a substantial impro
• Innovative Designs Changes Auditors — 8-K · Jun 20, 2025 Risk: low
  Innovative Designs, Inc. announced on June 19, 2025, a change in its certifying accountant. The company has engaged BKD, LLP as its new independent registered p
• IVDN Narrows Losses, Eyes INSULTEX Licensing for Growth — 10-Q · Jun 12, 2025 Risk: medium
  INNOVATIVE DESIGNS INC (IVDN) reported a net loss of $1,000 for the three months ended April 30, 2025, a significant improvement from the net loss of $10,000 fo
• Innovative Designs Inc. Files Q1 2025 10-Q — 10-Q · Mar 20, 2025 Risk: low
  Innovative Designs Inc. filed its 10-Q for the period ending January 31, 2025. The filing covers the first quarter of their fiscal year, which began on November
• Innovative Designs Inc. Files 2024 10-K — 10-K · Feb 20, 2025 Risk: low
  Innovative Designs Inc. filed its 10-K for the fiscal year ending October 31, 2024. The company, headquartered in Pittsburgh, PA, operates in the miscellaneous
• Innovative Designs Inc. Reports Director and Officer Changes — 8-K · Jan 22, 2025 Risk: medium
  Innovative Designs, Inc. filed an 8-K on January 22, 2025, reporting changes effective January 20, 2025. The filing pertains to the departure of directors, elec
• Innovative Designs Inc. Reports Director and Officer Changes — 8-K · Dec 30, 2024 Risk: low
  Innovative Designs, Inc. filed an 8-K on October 3, 2024, reporting changes in its board of directors and executive officers, including the election of new dire
• Innovative Designs Inc. Files Q3 10-Q Report — 10-Q · Dec 23, 2024 Risk: low
  Innovative Designs Inc. filed its 10-Q for the period ending July 31, 2024. The filing covers the third quarter and provides financial data for the company. Spe
• Innovative Designs Inc. Reports Board and Officer Changes — 8-K · Oct 30, 2024 Risk: low
  Innovative Designs, Inc. filed an 8-K on October 30, 2024, reporting changes related to its board of directors and officers, including the election of new direc
• Innovative Designs Inc. Reports Officer and Director Changes — 8-K · Oct 9, 2024 Risk: medium
  Innovative Designs, Inc. filed an 8-K on October 9, 2024, reporting changes related to its board of directors and officers, including elections and appointments
• Innovative Designs Inc. Files Q2 2024 10-Q — 10-Q · Oct 1, 2024 Risk: low
  Innovative Designs Inc. filed its 10-Q for the period ending April 30, 2024. The company, based in Pittsburgh, PA, operates in the miscellaneous fabricated text
• Innovative Designs Inc. Reports Board Changes — 8-K · Sep 27, 2024 Risk: low
  Innovative Designs, Inc. announced on September 26, 2024, a change in its board of directors. Specifically, the company reported the departure of a director and
• Innovative Designs Appoints BDO USA as New Auditor — 8-K · Jun 20, 2024 Risk: low
  Innovative Designs, Inc. (NASDAQ: INQD) announced on June 19, 2024, that it has appointed BDO USA, LLP as its new independent registered public accounting firm,
• Innovative Designs Changes Auditors — 8-K · Jun 6, 2024 Risk: medium
  Innovative Designs, Inc. (NASDAQ: INQD) filed an 8-K on June 6, 2024, reporting a change in its certifying accountant. The company has dismissed its previous in
• Innovative Designs Inc. Files 10-Q for Period Ending January 31, 2024 — 10-Q · Apr 30, 2024 Risk: low
  INNOVATIVE DESIGNS INC (IVDN) filed a Quarterly Report (10-Q) with the SEC on April 30, 2024. Innovative Designs Inc. filed a 10-Q for the quarterly period ende
• Innovative Designs Inc. Files 2023 Annual Report on Form 10-K — 10-K · Feb 23, 2024 Risk: low
  INNOVATIVE DESIGNS INC (IVDN) filed a Annual Report (10-K) with the SEC on February 23, 2024. Innovative Designs Inc. filed its 10-K report for the fiscal year

Risk Profile

Risk Assessment: Of IVDN's 16 recent filings, 1 were flagged as high-risk, 4 as medium-risk, and 11 as low-risk. The overall risk profile suggests relatively low risk with generally favorable filings.

Financial Highlights

Key financial metrics from Innovative Designs INC's most recent 10-Q filing (Sep 15, 2025):

• Revenue: $1,952,921
• Net Income: $302,853
• EPS: $0.000
• Debt-to-Equity: 0.13
• Cash Position: $532,432
• Operating Margin: 15.6%
• Total Assets: $2,104,492
• Total Debt: $236,763

Key Executives

• Dr. David Yarbrough
• Ketut Jaya

Industry Context

Innovative Designs Inc. operates in a competitive apparel market. The industry is characterized by evolving consumer trends, supply chain complexities, and the need for efficient inventory management. Companies often face pressure to innovate product lines while managing costs effectively. Recent economic conditions may also influence consumer spending on discretionary apparel items.

Top Tags

10-Q (4) · auditor-change (3) · financials (3) · corporate-governance (3) · accounting (2) · quarterly-report (2) · management-change (2) · officer-changes (2) · director-changes (2) · governance (2)

Key Numbers

• Revenues, net: $1,952,921 — For the nine months ended July 31, 2025, a 203% increase from $644,497 in 2024.
• Net income: $302,853 — For the nine months ended July 31, 2025, a significant improvement from a $100,247 net loss in 2024.
• Cash and Cash Equivalents: $532,432 — As of July 31, 2025, up from $185,675 at October 31, 2024.
• Net cash provided by operating activities: $320,842 — For the nine months ended July 31, 2025, a positive shift from a $41,507 outflow in 2024.
• Accumulated deficit: ($10,237,207) — As of July 31, 2025, indicating historical losses despite recent profitability.
• Reserve against apparel inventory: $65,600 — Due to the discontinuation of the Artic Armor, hunting, and swimming apparel lines.
• Shares of common stock outstanding: 38,504,003 — As of July 31, 2025, reflecting recent stock issuances.
• Total deposits on equipment: $652,944 — As of July 31, 2025, with $77,000 remaining owed on said equipment.
• Net Loss (Q2 2025): $1,000 — Significant reduction from $10,000 in Q2 2024
• Net Loss (Six Months 2025): $2,000 — Significant reduction from $20,000 in prior year
• Period End Date: 2025-04-30 — Reporting period for the 10-Q
• INSULTEX Licensing Start: 2015-07-11 — Original agreement date with Ketut Jaya
• INSULTEX Licensing Renewal: 2024-11-01 — Start of current licensing period with Ketut Jaya
• Filing Type: 10-Q — Quarterly report filed with the SEC
• Fiscal Year End: 2024 — The report covers the fiscal year ending October 31, 2024.

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Frequently Asked Questions