INVO Bioscience, Inc. financial data

Symbol
INVO on Nasdaq
Industry
Surgical & Medical Instruments & Apparatus
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%