INVO Bioscience, Inc. company info

CIK 1417926
IRS Number 204036208
State of incorporation NV
Business address 5582 BROADCAST COURT
None
SARASOTA
FL
34240
Mail address 5582 BROADCAST COURT
None
SARASOTA
FL
34240

Short summary

INVO Bioscience, Inc. is a Florida company, with head office located at 5582 Broadcast Court Sarasota, Florida 34240. In 2019 the company owned a total of 2.56 million USD worth of assets, including 2.30 million USD worth of current assets. 2018 was the year when the company amassed the most assets.

INVO Bioscience, Inc. Income Statement

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Gross Profit 0.050.040.020.010.000.040.230.40
Selling, General and Administrative Expense 0.760.590.621.690.602.150.873.04
Operating Expenses 0.760.590.621.690.602.150.873.04
Operating Income (Loss) -0.70-0.55-0.61-1.68-0.60-2.11-0.64-2.63
Interest expense 0.160.090.050.050.030.010.020.44
Income Tax Expense (Benefit) 00000000
Net income -0.80-0.67-0.76-1.73-4.96-2.12-0.70-3.08

INVO Bioscience, Inc. Balance Sheet

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Cash and cash equivalents 0.000.010.030.000.010.080.320.020.722.662.01
Accounts Receivable, Net, Current 0.010.010.000.000.000.020.040.140.240.03
Inventories 0.060.060.050.060.060.090.070.060.080.07
Property, Plant and Equipment, Gross 0.050.050.12
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 0.040.040.040.04
Other Assets, Noncurrent 0.050.040.040.030.020.020.020.010.120.17
Total assets 0.150.150.120.110.160.460.181.143.402.56
Current assets 0.090.100.070.070.140.440.151.113.182.30
Accounts payable 0.620.951.061.151.221.020.870.790.530.46
Taxes Payable, Current 00.03
Total current liabilities 3.063.283.774.224.214.594.855.092.282.18
Deferred income taxes 00
Total liabilities 3.063.283.774.224.214.594.995.286.556.33
Common Stock, Value, Issued 0.010.010.010.010.010.010.010.010.020.02
Retained Earnings (Accumulated Deficit) -7.41-8.08-8.77-9.43-15.45-17.46-18.29-20.65-22.42-23.13

INVO Bioscience, Inc. Cash Flow

Name [in Millions USD]20092010201120122013201420152016201720182019Trends
Net income -0.80-0.67-0.76-1.73-4.96-2.12-0.70-3.08
Depreciation 0.010.010.010.000000.00
Amortization of Intangible Assets 0.000.00
Depreciation and amortization 0.020.010.010.010.010.000.000.01
Deferred Income Tax Expense (Benefit) 000000
Accounts receivable 0.000.080.14
Inventories -0.01-0.010.01-0.000.000.02-0.03-0.02
Deferred revenue 00.02
Net Cash Provided by (Used in) Operating Activities -0.12-0.04-0.06-0.02-0.15-0.32-0.18-0.65
Payments to Acquire Property, Plant, and Equipment 00.0200.02
Net Cash Provided by (Used in) Investing Activities 0-0.020-0.02
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.061.052.32
Stock Issued During Period, Value, Share-based Compensation, Net of Forfeitures 0.061.052.32
Proceeds from Issuance of Common Stock 0.010.050.070.020.6500.050.05
Net Cash Provided by (Used in) Financing Activities 0.110.050.070.020.6300.050.86
Cash and Cash Equivalents, Period Increase (Decrease) -0.010.010.010.000.47-0.34-0.130.19