10-Q
Quarterly Report
INNOVATIVE DESIGNS, INC.
CIK: 1190370
File #: 000-51791
Balance Sheet
32 line items · 2 periods
XBRL
| Item | Jul 31, 2025 | Oct 31, 2024 |
|---|---|---|
Assets | ||
Current assets | ||
Cash and Cash Equivalents | 532,432 | 185,675 |
Other Non-Operating Current Assets | 14,659 | — |
Accounts Receivable | 271,249 | 321,893 |
Inventory | 494,985 | 498,758 |
Total current assets | 1,313,325 | 1,006,326 |
Long-Term Assets | ||
Property, Plant and Equipment | 32,723 | 28,060 |
Advane to Employees | 15,500 | 5,500 |
Deposits on Inventory | 90,000 | — |
Deposits on Equipment | 652,944 | 652,944 |
Total Long-Term Assets | 791,167 | 686,504 |
Total assets | 2,104,492 | 1,692,830 |
Liabilities and Stockholders’ Deficit | ||
Current liabilities | ||
Credit Cards | 3,368 | 51,175 |
Accounts Payable | 168,251 | 65,267 |
Other Non-Operating Current Liabilities | 42,244 | 50,017 |
Total current liabilities | 213,863 | 166,459 |
Long-Term Liabilities | ||
Long-Term Debt | — | 23,495 |
Other Non-Operating Current Liabilities | 12,900 | — |
Long-Term Shareholder Loans | 10,000 | 60,000 |
Total Long-Term Liabilities | 22,900 | 83,495 |
Total liabilities | 236,763 | 249,954 |
Stockholders’ deficit | ||
Total Stockholders' Equity | 3,850 | 3,792 |
Total Stockholders' Equity | 12,101,059 | 11,979,117 |
Total Stockholders' Equity | (10,237,180) | (10,540,033) |
Total stockholders’ deficit | 1,867,729 | 1,442,876 |
Total liabilities and stockholders’ deficit | 2,104,492 | 1,692,830 |