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Company research

INNOVATIVE FOOD HOLDINGS INC

CIK 312257Updated Sep 25, 2026

Name history
ALPHA SOLARCO INC · through Sep 28, 2005

IVFH price & chart

Provider market data

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In the news

Seeking Alpha
SEC disclosures

Financials

FY 2025 · USD
Revenue60,678,166USD · FY 2025
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

Net income-2,065,312USD · FY 2025
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

Operating income2,635,628USD · FY 2025
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

Diluted EPS0.05USD per share · FY 2025
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

Some figures are unavailable for this reporting year.

balance sheet · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
ASSETS
AssetsUSD19,581,021
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

27,346,373
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

21,323,086
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

23,420,202
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Property, Plant and Equipment, NetUSD1,273,310
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

1,584,878
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

7,000,015
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

7,921,561
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Intangible Assets, Net (Excluding Goodwill)USD—0
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

0
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

30,994
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Current assets:
Cash and Cash Equivalents, at Carrying ValueUSD927,468
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

2,330,880
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

5,327,016
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

4,899,398
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Accounts Receivable, after Allowance for Credit Loss, CurrentUSD5,300,190
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

9,039,232
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

4,307,726
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

4,969,395
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Inventory, NetUSD3,473,604
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

6,290,488
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

2,973,134
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

3,053,852
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Assets, CurrentUSD16,779,414
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

23,890,374
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

13,641,149
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

13,212,077
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Operating Lease, Right-of-Use AssetUSD512,389
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

705,476
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

28,519
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

152,425
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Other Assets, NoncurrentUSD40,000
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

———
LIABILITIES AND EQUITY
LiabilitiesUSD13,343,821
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

19,171,716
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

18,517,672
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

16,833,139
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Commitments and ContingenciesUSD0
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

0
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

0
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

—
Stockholders’ equity:
Common Stock, Value, IssuedUSD5,746
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

5,598
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

5,251
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

5,088
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Additional Paid in CapitalUSD45,647,902
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

45,520,121
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

42,762,811
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

42,189,471
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Retained Earnings (Accumulated Deficit)USD-38,275,076
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

-36,209,764
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

-38,821,278
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

-34,466,126
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Stockholders' Equity Attributable to ParentUSD6,237,200
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

8,174,657
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

2,805,414
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

6,587,063
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Liabilities and EquityUSD19,581,021
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

27,346,373
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

21,323,086
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

23,420,202
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Current liabilities:
Liabilities, CurrentUSD12,439,228
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

9,414,190
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

8,640,993
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

16,412,609
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Operating Lease, Liability, CurrentUSD285,534
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

239,660
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

17,131
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

64,987
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Operating Lease, Liability, NoncurrentUSD234,963
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

467,569
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

11,388
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

87,438
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Additional Financial Items
Deferred Revenue, CurrentUSD—349,600
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

1,312,837
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

1,558,155
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Deferred Tax Liabilities, NetUSD0
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

———
Long-term Debt, Excluding Current Maturities————
Long-term Debt, Current MaturitiesUSD66,026
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

190,052
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

121,041
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

5,711,800
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Long-term Debt, Excluding Current MaturitiesUSD216,947
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

8,692,674
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

8,855,000
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

0
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Lines labelled “Derived” are calculated from reported figures.

cash flow · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Cash flows from operating activities:
Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD-2,065,312
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

2,611,514
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-4,355,152
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-1,350,002
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation, Depletion and AmortizationUSD377,550
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

273,084
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

557,268
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

562,072
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Share-based Payment Arrangement, Noncash ExpenseUSD404,032
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

437,339
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

405,503
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Changes in operating assets and liabilities:
Increase (Decrease) in Accounts ReceivableUSD-3,417,539
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

3,826,006
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-479,247
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

1,710,716
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Increase (Decrease) in InventoriesUSD-1,329,991
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

———
Deferred Income Tax Expense (Benefit)USD0
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

0
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

0
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

0
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Net Cash Provided by (Used in) Operating ActivitiesUSD-27,357
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

-6,271,993
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-435,562
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-599,086
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Cash flows from investing activities:
Payments to Acquire Businesses, Net of Cash AcquiredUSD0
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

1,231,379
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

——
Net Cash Provided by (Used in) Investing ActivitiesUSD-187,822
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

1,212,239
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-36,332
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-114,966
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Payments to Acquire Property, Plant, and EquipmentUSD——122,403
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

114,966
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Cash flows from financing activities:
Payment, Tax Withholding, Share-based Payment ArrangementUSD276,177
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

908,484
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

——
Net Cash Provided by (Used in) Financing ActivitiesUSD-645,004
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

2,017,614
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

994,831
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-509,221
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD1,434,985
Source

10-K · 2026-03-31 · 0001185185-26-001180

As of 2025-12-31

2,330,880
Source

10-K · 2025-03-20 · 0001185185-25-000204

As of 2024-12-31

5,327,016
Source

10-K · 2024-03-21 · 0001185185-24-000295

As of 2023-12-31

4,899,398
Source

10-K · 2023-03-31 · 0001185185-23-000284

As of 2022-12-31

Supplemental disclosure of cash flow information:
Interest Paid, Excluding Capitalized Interest, Operating ActivitiesUSD816,086
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

896,709
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

802,076
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

461,563
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Income Taxes Paid, NetUSD51,622
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

———
Additional Financial Items
Share-based Payment Arrangement, ExpenseUSD——112,169
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

576,964
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Amortization of Debt Issuance CostsUSD—0
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

3,297
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

115,760
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Amortization of Intangible AssetsUSD86,313
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

7,193
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

—41,224
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

DepreciationUSD167,413
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

392,354
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

392,354
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

379,632
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Gain (Loss) on Disposition of AssetsUSD———294,000
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Gain (Loss) on InvestmentsUSD——0
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Gain (Loss) on Disposition of BusinessUSD0
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

21,126
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-45,022
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Gain (Loss) on Disposition of Property Plant EquipmentUSD-106,591
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

2,816,616
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

9,360
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Gain (Loss) on Extinguishment of DebtUSD——0
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-40,556
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Impairment of Intangible Assets (Excluding Goodwill)USD——1,315,822
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Impairment of Intangible Assets, Finite-livedUSD—0
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

1,315,822
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD2,527,047
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

2,532,583
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-4,159,022
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD-4,592,359
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

78,931
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-196,130
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Income Tax Expense (Benefit)USD80,787
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

0
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

15,834
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

0
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

InterestExpenseNonoperatingUSD30,306
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

849,581
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

——
Inventory Write-downUSD1,486,893
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

———
Net Income (Loss) Attributable to ParentUSD-2,065,312
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

2,611,514
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-4,355,152
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-1,350,002
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Nonoperating Income (Expense)USD-27,794
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

1,993,861
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-889,589
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-312,608
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Operating ExpensesUSD12,993,435
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

16,314,986
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

20,779,236
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

19,725,593
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Operating Lease, ExpenseUSD280,616
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

62,686
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

58,915
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

78,849
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Operating Lease, Lease IncomeUSD2,512
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

5,700
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

7,600
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

11,226
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Payments of Financing CostsUSD——0
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

110,305
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Proceeds from Issuance of Common StockUSD0
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

3,250,000
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

——

Lines labelled “Derived” are calculated from reported figures.

income statement · annual statements
Line itemFY 2025FY 2024FY 2023FY 2022
Total RevenueUSD60,678,166
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

72,134,376
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

72,218,996
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

80,102,964
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Cost of RevenueUSD45,049,103
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

55,280,668
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

54,693,359
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

61,414,765
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Selling, General and Administrative ExpenseUSD12,993,435
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

16,314,986
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

17,389,351
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

19,725,593
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Operating Income (Loss)USD2,635,628
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

538,722
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-3,253,599
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-1,037,394
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD2,607,834
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

2,532,583
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-4,143,188
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-1,350,002
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Income Tax Expense (Benefit)USD80,787
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

0
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

15,834
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

0
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Net Income (Loss) Attributable to ParentUSD-2,065,312
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

2,611,514
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-4,355,152
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-1,350,002
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Earnings Per Share, BasicUSD per share0.05
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

0.05
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-0.08
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-0.03
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Earnings Per Share, DilutedUSD per share0.05
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

0.05
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-0.08
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-0.03
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Weighted Average Number of Shares Outstanding, Basicshares54,582,651
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

50,563,992
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

49,076,880
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

47,129,511
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Weighted Average Number of Shares Outstanding, Dilutedshares54,582,651
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

51,315,879
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

49,076,880
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

47,129,511
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Interest Expense (non-operating)USD30,306
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

849,581
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

——
Additional Financial Items
Amortization of Intangible AssetsUSD86,313
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

7,193
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

—41,224
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Current Income Tax Expense (Benefit)USD80,787
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

0
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

0
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

0
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Gain (Loss) on InvestmentsUSD——0
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Gross ProfitUSD15,629,063
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

16,853,708
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

17,525,637
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

18,688,199
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Income (Loss) Attributable to Parent, before TaxUSD-1,984,525
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

———
Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD2,527,047
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

2,532,583
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-4,159,022
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Income (Loss) from Continuing Operations before Income Taxes, DomesticUSD-1,984,525
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

———
Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD-4,592,359
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

78,931
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-196,130
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—
Interest ExpenseUSD——876,452
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

586,153
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Nonoperating Income (Expense)USD-27,794
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

1,993,861
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

-889,589
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

-312,608
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Operating ExpensesUSD12,993,435
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

16,314,986
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

20,779,236
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

19,725,593
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Operating Lease, ExpenseUSD280,616
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

62,686
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

58,915
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

78,849
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Operating Lease, Lease IncomeUSD2,512
Source

10-K · 2026-03-31 · 0001185185-26-001180

2025-01-01 to 2025-12-31

5,700
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

7,600
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

11,226
Source

10-K · 2023-03-31 · 0001185185-23-000284

2022-01-01 to 2022-12-31

Other IncomeUSD—0
Source

10-K · 2025-03-20 · 0001185185-25-000204

2024-01-01 to 2024-12-31

14,925
Source

10-K · 2024-03-21 · 0001185185-24-000295

2023-01-01 to 2023-12-31

—

Lines labelled “Derived” are calculated from reported figures.