INVO Bioscience, Inc. financial data

Symbol
INVO on Nasdaq
Location
5582 Broadcast Court, Sarasota, FL
State of incorporation
NV
Fiscal year end
December 31
Former names
EMY'S SALSA AJI DISTRIBUTION COMPANY, INC. (to 1/5/2009)
Latest financial report
10-Q - Q2 2024 - Aug 14, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 23.9 % -36%
Quick Ratio 3.45 % -56%
Debt-to-equity 2.81K %
Return On Equity 1.59K %
Return On Assets -36.9 % +80.3%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 3.91M shares +59.5%
Common Stock, Shares, Outstanding 3.86M shares +367%
Entity Public Float 3.07M USD -60.4%
Common Stock, Value, Issued 386 USD +365%
Weighted Average Number of Shares Outstanding, Basic 3.61M shares +393%
Weighted Average Number of Shares Outstanding, Diluted 3.61M shares +393%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 5.77M USD +390%
Cost of Revenue 862K USD +266%
Research and Development Expense 97.3K USD -81%
Costs and Expenses 3.74M USD +57%
Operating Income (Loss) -5.24M USD +45.5%
Nonoperating Income (Expense) -1.81M USD -273%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -7.06M USD -0.34%
Income Tax Expense (Benefit) 29.6K USD
Net Income (Loss) Attributable to Parent -7.08M USD +29.9%
Earnings Per Share, Basic -0.62 USD/shares +79.7%
Earnings Per Share, Diluted -0.62 USD/shares +79.7%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 1.96M USD -70.5%
Accounts Receivable, after Allowance for Credit Loss, Current 257K USD +243%
Inventory, Net 250K USD -10.7%
Assets, Current 2.4M USD +185%
Property, Plant and Equipment, Net 441K USD -33.1%
Operating Lease, Right-of-Use Asset 2.61M USD -34.7%
Intangible Assets, Net (Excluding Goodwill) 3.68M USD
Goodwill 5.88M USD 0%
Assets 18M USD +172%
Employee-related Liabilities, Current 647K USD -46.2%
Liabilities, Current 7.99M USD +78.8%
Deferred Income Tax Liabilities, Net 1.95K USD +71.1%
Operating Lease, Liability, Noncurrent 2.51M USD -35.3%
Liabilities 16.7M USD +99.8%
Retained Earnings (Accumulated Deficit) -61.9M USD -13.4%
Stockholders' Equity Attributable to Parent 1.36M USD
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 373K USD -71%
Liabilities and Equity 18M USD +172%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities -261K USD +77.3%
Net Cash Provided by (Used in) Financing Activities 527K USD -83.8%
Net Cash Provided by (Used in) Investing Activities -24.1K USD -185%
Common Stock, Shares Authorized 50M shares +700%
Common Stock, Shares, Issued 3.86M shares +367%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 243K USD -88.4%
Interest Paid, Excluding Capitalized Interest, Operating Activities 50.8K USD
Deferred Tax Assets, Valuation Allowance 11.1M USD +19.4%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0 pure
Deferred Tax Assets, Gross 12.2M USD +26.4%
Operating Lease, Liability 2.74M USD -33.1%
Depreciation 90.1K USD +5.7%
Payments to Acquire Property, Plant, and Equipment 49.7K USD
Lessee, Operating Lease, Liability, to be Paid 4.01M USD -27.6%
Operating Lease, Liability, Current 237K USD +4.41%
Lessee, Operating Lease, Liability, to be Paid, Year Two 490K USD +24.8%
Lessee, Operating Lease, Liability, to be Paid, Year One 478K USD +21.7%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 1.27M USD -11.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 480K USD +19.6%
Deferred Tax Assets, Operating Loss Carryforwards 10.3M USD +22.2%
Preferred Stock, Shares Issued 1.2M shares
Preferred Stock, Shares Authorized 1.2M shares 0%
Lessee, Operating Lease, Liability, to be Paid, Year Four 632K USD +150%
Additional Paid in Capital 47.8M USD +17%
Preferred Stock, Shares Outstanding 1.2M shares
Amortization of Intangible Assets 409K USD +45066%
Depreciation, Depletion and Amortization 227K USD +1089%
Interest Expense 891K USD +224%