Skip to content

INNOVATIVE FOOD HOLDINGS, INC.: 10-Q filed 2023-08-10

What INNOVATIVE FOOD HOLDINGS, INC. reported in its quarterly report filed 2023-08-10 (fiscal Q2 2023): 44 published measures, 128 facts as tagged in accession 0001185185-23-000791.

This filing

Form
10-Q (quarterly report)
Filed
2023-08-10
Fiscal period
fiscal Q2 2023
Accession
0001185185-23-000791 on SEC EDGAR

Values are as tagged in this filing. A later filing can restate them; each measure links to its history page, which shows the latest-filed value per period. All INNOVATIVE FOOD HOLDINGS, INC. filings.

Reported measures

Total assets

Resources recognized on the balance sheet. Book assets are not the market value of the business.

PeriodValueUnitDays
At 2023-06-3023,709,045USD
At 2022-12-3123,420,202USD

Total liabilities

Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.

PeriodValueUnitDays
At 2023-06-3019,518,426USD
At 2022-12-3116,833,139USD

Stockholders equity

The reported residual interest after liabilities. It is an accounting amount, not market capitalization.

PeriodValueUnitDays
At 2023-06-304,190,619USD
At 2023-03-313,936,345USD
At 2022-12-316,587,063USD
At 2022-06-305,273,430USD
At 2022-03-316,332,450USD
At 2021-12-317,410,101USD

Cash and cash equivalents

Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.

PeriodValueUnitDays
At 2023-06-306,172,432USD
At 2022-12-314,899,398USD

Net income or loss

Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.

PeriodValueUnitDays
2023-04-01 to 2023-06-3013,471USD91
2023-01-01 to 2023-06-30-2,815,295USD181
2022-04-01 to 2022-06-30-1,223,786USD91
2022-01-01 to 2022-06-30-2,454,163USD181

Operating cash flow

Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-1,880,139USD181
2022-01-01 to 2022-06-30-3,257,083USD181

Capital expenditure payments

Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.

PeriodValueUnitDays
2023-01-01 to 2023-06-3032,473USD181
2022-01-01 to 2022-06-3092,633USD181

Revenue

Revenue under this specific accounting concept. A missing value is not zero; filers can use other revenue concepts.

PeriodValueUnitDays
2023-04-01 to 2023-06-3018,833,321USD91
2023-01-01 to 2023-06-3035,828,521USD181
2022-04-01 to 2022-06-3020,523,156USD91
2022-01-01 to 2022-06-3036,166,267USD181

Financing cash flow

Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.

PeriodValueUnitDays
2023-01-01 to 2023-06-303,185,646USD181
2022-01-01 to 2022-06-30-412,482USD181

Investing cash flow

Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-32,473USD181
2022-01-01 to 2022-06-30-92,633USD181

Retained earnings or deficit

Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.

PeriodValueUnitDays
At 2023-06-30-37,281,421USD
At 2022-12-31-34,466,126USD

Basic weighted-average shares

Time-weighted shares used for basic earnings per share. This denominator differs from shares outstanding at a single reporting date.

PeriodValueUnitDays
2023-04-01 to 2023-06-3049,064,084shares91
2023-01-01 to 2023-06-3048,764,822shares181
2022-04-01 to 2022-06-3046,855,525shares91
2022-01-01 to 2022-06-3046,557,498shares181

Diluted weighted-average shares

Weighted-average shares used for diluted earnings per share. Potential shares are included under the applicable dilution rules, not simply added to outstanding shares.

PeriodValueUnitDays
2023-04-01 to 2023-06-3049,064,084shares91
2023-01-01 to 2023-06-3048,764,822shares181
2022-04-01 to 2022-06-3046,855,525shares91
2022-01-01 to 2022-06-3046,557,498shares181

Basic earnings per share

Reported earnings or loss per basic common share or unit. Inspect attribution, share classes and restatements before comparing periods. This is not a market return.

PeriodValueUnitDays
2023-04-01 to 2023-06-300USD/shares91
2023-01-01 to 2023-06-30-0.06USD/shares181
2022-04-01 to 2022-06-30-0.03USD/shares91
2022-01-01 to 2022-06-30-0.05USD/shares181

Diluted earnings per share

Reported earnings or loss per share under dilution rules. Antidilutive instruments may be excluded. A diluted value can equal the basic value without implying no potential dilution.

PeriodValueUnitDays
2023-04-01 to 2023-06-300USD/shares91
2023-01-01 to 2023-06-30-0.06USD/shares181
2022-04-01 to 2022-06-30-0.03USD/shares91
2022-01-01 to 2022-06-30-0.05USD/shares181

Income tax expense or benefit

Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.

PeriodValueUnitDays
2023-04-01 to 2023-06-3015,834USD91
2023-01-01 to 2023-06-3015,834USD181
2022-04-01 to 2022-06-300USD91
2022-01-01 to 2022-06-300USD181

Net property, plant and equipment

Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.

PeriodValueUnitDays
At 2023-06-307,754,787USD
At 2022-12-317,921,561USD

Share-based compensation expense

Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.

PeriodValueUnitDays
2023-01-01 to 2023-06-30250,851USD181
2022-01-01 to 2022-06-30367,492USD181

Operating income or loss

Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.

PeriodValueUnitDays
2023-04-01 to 2023-06-30236,762USD91
2023-01-01 to 2023-06-30-2,421,463USD181
2022-04-01 to 2022-06-30-1,073,152USD91
2022-01-01 to 2022-06-30-2,519,646USD181

Current assets

Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.

PeriodValueUnitDays
At 2023-06-3013,787,166USD
At 2022-12-3113,212,077USD

Interest expense

Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.

PeriodValueUnitDays
2023-04-01 to 2023-06-30209,357USD91
2023-01-01 to 2023-06-30381,798USD181
2022-04-01 to 2022-06-30112,372USD91
2022-01-01 to 2022-06-30195,345USD181

Current liabilities

Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.

PeriodValueUnitDays
At 2023-06-309,330,490USD
At 2022-12-3116,412,609USD

Net current accounts receivable

Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.

PeriodValueUnitDays
At 2023-06-304,604,872USD
At 2022-12-314,969,395USD

Operating expenses

Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.

PeriodValueUnitDays
2023-04-01 to 2023-06-304,556,149USD91
2023-01-01 to 2023-06-3011,300,885USD181
2022-04-01 to 2022-06-305,522,049USD91
2022-01-01 to 2022-06-3010,694,475USD181

Net inventory

Inventory carrying amount after applicable valuation and LIFO reserves. It does not establish realizable selling proceeds or inventory turnover without other inputs.

PeriodValueUnitDays
At 2023-06-302,619,771USD
At 2022-12-313,053,852USD

Gross profit

Revenue less the costs directly attributed to the goods or services sold. It precedes other operating expenses and is not net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-304,792,911USD91
2023-01-01 to 2023-06-308,879,422USD181
2022-04-01 to 2022-06-304,448,897USD91
2022-01-01 to 2022-06-308,174,829USD181

Selling, general and administrative expense

Selling and general administrative costs reported under this concept. It is an expense category, not a substitute for total operating expenses.

PeriodValueUnitDays
2023-04-01 to 2023-06-304,556,149USD91
2023-01-01 to 2023-06-309,355,235USD181
2022-04-01 to 2022-06-305,522,049USD91
2022-01-01 to 2022-06-3010,694,475USD181

Common shares outstanding

Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.

PeriodValueUnitDays
At 2023-06-3048,131,747shares
At 2022-12-3146,589,717shares

Cash including restricted cash

Cash, cash equivalents and restricted cash as reported in the cash flow reconciliation. Restricted amounts are not freely available, so this is not the same as unrestricted cash.

PeriodValueUnitDays
At 2023-06-306,172,432USD
At 2022-12-314,899,398USD
At 2022-06-302,360,473USD
At 2021-12-316,122,671USD

Additional paid-in capital

Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.

PeriodValueUnitDays
At 2023-06-3042,608,233USD
At 2022-12-3142,189,471USD

Operating lease right-of-use asset

Carrying amount of the right to use leased assets under operating leases. It reflects discounted remaining payments, not the value of the underlying property.

PeriodValueUnitDays
At 2023-06-30120,575USD
At 2022-12-31152,425USD

Operating lease liability

Present value of remaining operating lease payments. Discount-rate choices and lease terms affect the amount; it is not the sum of undiscounted future rent.

PeriodValueUnitDays
At 2023-06-30120,575USD
At 2022-12-31152,425USD

Long-term debt

Long-term borrowings under this concept, which can include the current portion depending on presentation. It is not total liabilities and may exclude leases and other obligations.

PeriodValueUnitDays
At 2023-06-309,054,286USD
At 2022-12-315,711,800USD

Gross property, plant and equipment

Cost of property, plant and equipment before accumulated depreciation. Historical cost does not indicate current value or replacement cost.

PeriodValueUnitDays
At 2023-06-3010,599,716USD
At 2022-12-3110,567,243USD

Accumulated depreciation on property, plant and equipment

Cumulative depreciation, depletion and amortization recorded against property, plant and equipment. It measures cost allocation to date, not physical wear or market value.

PeriodValueUnitDays
At 2023-06-302,844,929USD
At 2022-12-312,645,682USD

Net intangible assets excluding goodwill

Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.

PeriodValueUnitDays
At 2023-06-3010,332USD
At 2022-12-3130,994USD

Pre-tax income or loss from continuing operations

Income or loss from continuing operations before income taxes and noncontrolling interests. It excludes discontinued operations and is not net income.

PeriodValueUnitDays
2023-04-01 to 2023-06-3029,305USD91
2023-01-01 to 2023-06-30-2,799,461USD181
2022-04-01 to 2022-06-30-1,223,786USD91
2022-01-01 to 2022-06-30-2,454,163USD181

Profit or loss including noncontrolling interests

Net income or loss including the portion attributable to noncontrolling interests. It can differ from the net income attributable to the parent that per-share figures use.

PeriodValueUnitDays
2023-04-01 to 2023-06-3013,471USD91
2023-01-01 to 2023-06-30-2,815,295USD181
2022-04-01 to 2022-06-30-1,223,786USD91
2022-01-01 to 2022-06-30-2,454,163USD181

Depreciation expense

Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.

PeriodValueUnitDays
2023-04-01 to 2023-06-3097,671USD91
2023-01-01 to 2023-06-30199,247USD181
2022-04-01 to 2022-06-3091,616USD91
2022-01-01 to 2022-06-30188,565USD181

Depreciation, depletion and amortization

Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.

PeriodValueUnitDays
2023-01-01 to 2023-06-30286,869USD181
2022-01-01 to 2022-06-30279,735USD181

Amortization of intangible assets

Amortization recognized on finite-lived intangible assets. It follows acquisition accounting and does not indicate the intangibles are losing usefulness at that rate.

PeriodValueUnitDays
2023-04-01 to 2023-06-3010,331USD91
2023-01-01 to 2023-06-3020,662USD181
2022-04-01 to 2022-06-3010,231USD91
2022-01-01 to 2022-06-3020,562USD181

Nonoperating income or expense

Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.

PeriodValueUnitDays
2023-04-01 to 2023-06-30-207,457USD91
2023-01-01 to 2023-06-30-377,998USD181
2022-04-01 to 2022-06-30-150,634USD91
2022-01-01 to 2022-06-3065,483USD181

Interest paid, net

Cash interest paid during the period, net of amounts capitalized where the filer reports it that way. It differs from interest expense recognized.

PeriodValueUnitDays
2023-01-01 to 2023-06-30342,081USD181
2022-01-01 to 2022-06-30128,798USD181

Change in accounts receivable

The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.

PeriodValueUnitDays
2023-01-01 to 2023-06-30-313,618USD181
2022-01-01 to 2022-06-301,779,184USD181

Inspect the source

Entity
INNOVATIVE FOOD HOLDINGS, INC. / CIK 0000312257
Captured
2026-09-19T14:55:55.324Z
SEC response SHA-256
301bba20c85d3550f006c88e3926f09ff8f8f069764088ad62194b5795a127bb

Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON

Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.

Public company accounting reference, not market prices, returns, an investment recommendation, or ALPHAC performance. Validate a separately constructed return series with the validation API; accounting values are not returns.

Use this in research

A financial period ends before its results become public. Use the filing date as a minimum availability boundary, inspect amendments, and retain the original filing vintage when testing historical signals. This latest-filed selection can contain information unavailable at the time.

These pages do not supply prices, total-return histories, corporate-action adjustments or a tradable universe. Build those inputs separately before evaluating a strategy. A profitable backtest can still reflect selection bias or costs that were left out.

Research methodology · Execution and cost assumptions · Check backtest overfitting

Build with the open-source tools

Use these accounting records as inspectable inputs. When you have constructed a return series, the validation tools can help test its statistical evidence and preserve the result with its limitations.

Read the published dataset with Python
import json
from urllib.request import urlopen

with urlopen("https://canlicapital.com/company-data/0000312257.json") as response:
    record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
    print(concept["tag"], next(iter(concept["observations"])))