10-Q
Quarterly Report
INNOVATIVE DESIGNS, INC.
CIK: 1190370
File #: 000-51791
Balance Sheet
33 line items · 2 periods
XBRL
| Item | Apr 30, 2024 | Oct 31, 2023 |
|---|---|---|
ASSETS | ||
Current Assets | ||
Cash and Cash Equivalents | 241,712 | 238,677 |
Accounts Receivable | 123,170 | 31,050 |
Inventory | 523,443 | 549,276 |
Other Non-Operating Current Assets | 16,541 | 8,200 |
Total Current Assets | 904,866 | 827,203 |
Long-Term Assets | ||
Property, Plant and Equipment | 21,150 | 23,479 |
Deposits on Equipment | 652,944 | 652,944 |
Total Long-Term Assets | 674,094 | 676,423 |
Total Assets | 1,578,960 | 1,503,626 |
LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||
Liabilities | ||
Current Liabilities | ||
Credit Cards | 72,317 | 71,659 |
Accounts Payable | 60,646 | 144,967 |
Other Non-Operating Current Liabilities | 98,847 | 121,938 |
Total Current Liabilities | 231,810 | 338,564 |
Long-Term Liabilities | ||
Long-Term Debt | 42,362 | 56,429 |
Total Long-Term Liabilities | 42,362 | 56,429 |
Total Liabilities | 274,172 | 394,993 |
Stockholders Equity | ||
Total Stockholders' Equity | 3,784 | 3,653 |
Total Stockholders' Equity | 11,979,124 | 11,741,935 |
Total Stockholders' Equity | (10,636,955) | (10,335,578) |
Total Stockholders' Equity | (41,165) | (301,377) |
Total Stockholders' Equity (Deficit) | 1,304,788 | 1,108,633 |
Common Stock | 3,784 | 3,653 |
Additional Paid-in Capital | 11,979,124 | 11,741,935 |
Retained Earnings | (10,678,120) | (10,636,955) |
Total Liabilities and Stockholders Equity (Deficit) | 1,578,960 | 1,503,626 |