INNOVATIVE FOOD HOLDINGS INC (IVFH) Innovative Food Holdings, Inc., operating through its subsidiaries, functions as a leading supplier of gourmet and specialized food products, along with related merchandise, throughout the United States. Its broad customer base spans across the hospitality and food service sectors, serving establishments such as fine restaurants, hotels, exclusive country clubs, major national chains, casinos, healthcare facilities, and professional catering companies. The firm maintains an extensive catalog comprising approximately 7,000 distinct perishable and specialty food items. This vast selection includes, but is not limited to, geographically specific seafood, both domestic and imported meats—including exotic game and poultry—artisanal cheeses, ready-to-eat meals, premium caviar, wild and cultivated mushrooms, delicate micro-greens, organically grown and manufactured provisions, and high-quality estate-bottled olive oils and aged vinegars. Beyond individual ingredients, IVFH also offers carefully curated food gift baskets, gift boxes, and a comprehensive suite of food subscription plans. In addition to its primary food distribution, the company provides specialized healthcare-related products. It also extends its services to include foodservice consulting and advisory roles, and offers sales and brand management support for businesses in the organic and specialty food consumer packaged goods market. Innovative Food Holdings directly serves both individual consumers and businesses via its dedicated e-commerce websites, igourmet.com and forethegourmet.com, as well as through various other online retail channels. Furthermore, it operates mouth.com, an online retailer specializing in gourmet foods, monthly subscription boxes, and bespoke gift boxes for both private and corporate clientele. The company efficiently procures its diverse product offerings directly from its established network of suppliers and its own warehousing infrastructure. The corporate headquarters are located in Bonita Springs, Florida.
Sector: Wholesale-Groceries, General Line
Industry: Food Distribution
Innovative Food Holdings, Inc. OTC:IVFH Consumer Defensive · Food Distribution
All Press Release SEC Filings News
SEC Filing ⚠ 3
IVFH: 8-K · leadership change
Innovative Food Holdings appointed Erik Saterbo as Chief Financial Officer, effective September 14, 2026. Under his employment agreement, Saterbo receives a $225,000 annual base salary, a 12% annual cash incentive, and a time-based grant of 150,000 shares, with the term running through September 14, 2029 unless extended.
The company also amended employment agreements with Argie Liarakos and CEO Gary Schubert, converting their performance-based equity grants of 150,000 shares and 1,350,000 shares, respectively, into time-based grants. Unvested shares under both amendments accelerate upon a change of control, termination without cause, or resignation for good reason.
Saterbo, 41, brings over 10 years of financial compliance experience, including CFO roles at Foot Solutions Holdings Corp and Triangle Renovations, plus Director of Financial Reporting at Asbury Automotive Group, and is a licensed Georgia CPA. The shift from performance-based to time-based vesting modestly reduces pay-for-performance alignment and represents potential share issuance of roughly 1.65 million shares for the two amended grants.
SEC 8-K • 1mo ago AI analysis › News
Innovative Food Holdings, Inc. (IVFH) Q2 2026 Earnings Call Prepared Remarks Transcript
seekingalpha.com • 2mo ago Press Release
Innovative Food Holdings, Inc. Announces Second Quarter 2026 Earnings Call
Innovative Food Holdings announced it will host a conference call on August 26, 2026, to discuss its second quarter 2026 financial results.
The call is scheduled to begin at 4:00 PM Eastern Time and will be conducted via Zoom, featuring a Q&A segment following prepared remarks.
Investors interested in participating in the Q&A are encouraged to submit questions via email by August 23.
• 2mo ago AI analysis › SEC Filing ⚠ 7
IVFH: 10-Q · periodic report
Innovative Food Holdings reported Q2 2026 revenue of $13.1 million, down 21.5% from $16.6 million a year earlier, with declines across digital channels (-17%), national distribution (-29%) and local distribution (-24%). Net income from continuing operations fell to $365,992 from $825,556, though consolidated net income was $364,384 for the quarter and $2,204,660 for the first half, lifted by a $2.76 million gain on the sale of the company's Pennsylvania facility.
The company sold its Mountaintop, Pennsylvania land and building for $9,225,000 and paid off roughly $8.8 million of debt, including its Maple Mark Bank term loan, absorbing a $608,539 loss on early extinguishment. It ended June with $1.8 million in cash, $8.5 million in stockholders' equity and only $250,274 of notes payable, and management said it does not anticipate needing to raise additional capital.
Key risks persist: disclosure controls were deemed not effective as of June 30, 2026 due to unremediated material weaknesses in IT general controls, U.S. Foods and Gate Gourmet together accounted for roughly 58% of Q2 revenue, and prior-year revenue was revised down by $642,097 for previously immaterial errors.
SEC 10-Q • 2mo ago AI analysis › Press Release ● Major ⚠ 2
Innovative Food Holdings, Inc. Reports Financial Results for Second Quarter of 2026
Innovative Food Holdings reported Q2 2026 revenue of $13.1 million, a 21.5% decrease from the prior year, with net income from continuing operations falling to $366 thousand.
Gross margin improved slightly to 26.2%, while the balance sheet strengthened with cash and equivalents increasing to $1.8 million from $927 thousand at year-end 2025.
CEO Gary Schubert noted that excluding its largest Digital partner, the company actually grew Digital revenue by 6.3%, indicating that current headwinds are concentrated rather than systemic across the business.
• 2mo ago AI analysis › SEC Filing
IVFH: 8-K · other
Innovative Food Holdings, Inc. disclosed that Sam Klepfish has exercised his right to serve as a non-voting Board Observer, effective May 20, 2026. This appointment was triggered by a side letter entered into in February 2023, which grants Klepfish observer status if he ceases to serve as a director while maintaining at least 3% ownership or having amounts owed under a release agreement.
The Board formally acknowledged Klepfish’s observer rights on June 5, 2026. As an observer, Klepfish is entitled to attend all Board and committee meetings and receive meeting materials, but he holds no voting rights and no fiduciary duties to the Company or its stockholders.
SEC 8-K • 4mo ago News
Innovative Food Holdings, Inc. (IVFH) Q1 2026 Earnings Call Prepared Remarks Transcript
seekingalpha.com • 4mo ago Press Release
Innovative Food Holdings, Inc. Announces First Quarter 2026 Earnings Call
Innovative Food Holdings announced the schedule for its Q1 2026 earnings call.
The conference call is set for Wednesday, June 3, 2026, at 4:00 PM Eastern Time.
Investors may submit questions in advance via email by Sunday, May 31, 2026.
• 4mo ago AI analysis › SEC Filing ⚠ 4
IVFH: 10-Q · periodic report
Innovative Food Holdings reported Q1 2026 revenue of $12.2 million, a 19% decline year-over-year, driven by headwinds in its legacy drop-ship business and customer attrition in local distribution.
Despite the revenue drop, the company posted a consolidated net income of $1.8 million, primarily due to a $2.7 million gain from the sale of its Pennsylvania production facility and the wind-down of its discontinued cheese business.
The filing discloses material weaknesses in internal controls over financial reporting related to IT general controls, including user access and application change management, which management is currently remediating.
SEC 10-Q • 5mo ago AI analysis › Press Release ● Major
Innovative Food Holdings, Inc. Reports Financial Results for First Quarter of 2026
globenewswire.com • 5mo ago SEC Filing ⚠ 3
IVFH: NT 10-Q · late filing
Innovative Food Holdings, Inc. filed a Form 12b-25 notification requesting a five-day extension to file its Q1 2026 10-Q, citing the need for additional time to finalize financial statements and complete the review process.
The company anticipates a significant improvement in results compared to the prior year, primarily driven by a $2.1 million gain from the sale of its Pennsylvania facility.
This asset sale is expected to generate $1.5 million in income from discontinued operations, leading to a projected consolidated net income of $1.8 million for the quarter, compared to a $0.4 million net loss in the same period last year.
SEC NT 10-Q • 5mo ago Press Release ⚠ 1
Innovative Food Holdings, Inc. Announces Expected First Quarter 2026 Reporting Timeline
Innovative Food Holdings, Inc. (IVFH) announced that it expects to file its Q1 2026 Form 10-Q with the SEC on or before May 20, 2026, within the extension period available under Rule 12b-25.
The delay is primarily due to the time required to finalize the fiscal 2026 audit and interim review engagement with the company's independent registered public accounting firm, as well as recent staffing changes in the finance and accounting function.
The company expects to hold its first quarter 2026 investor conference call after the filing of the Form 10-Q and following the annual meeting on May 19, 2026.
• 5mo ago AI analysis › Recent SEC filings with analysis