Innovative Designs, Inc. (OTCQB: IVDN) has filed its fiscal third quarter financial report for the period ending July 31, 2026, showing sales revenues of $758,247, a significant increase over the same period in 2025. The company has now extended its profitability to eight consecutive quarters and has already surpassed all total revenue for the 2025 fiscal year in the current fourth quarter. As of the end of fiscal Q3, IVDN's cash position strengthened to $873,000 with no long-term or convertible debt. The outstanding share count remains low at 38.5 million, unchanged from the previous year, reflecting management's commitment to long-term shareholder value.
The company also announced a key milestone in its independent laboratory testing program for Insultex®. The testing facility, BRC Laboratories of Rhode Island, received official documentation from Perry Johnson Laboratory Accreditation Inc. certifying that it operates in accordance with the recognized International Standard ISO/IEC:2017. Insultex® material testing has been performed with all positive results. This certification is expected to allow Insultex® to qualify for a much wider range of building applications and larger scale projects with retailers and customers across the national homebuilding industry.
Insultex House Wrap® already meets or exceeds new government building codes specifying continuous insulation and exterior R-Value requirements. For new construction, the patented evacuated cell Insultex House Wrap® adds an R-6 moisture barrier membrane that does not require additional insulation boards or other support, unlike competitor products. Joseph A. Riccelli Jr., CEO of Innovative Designs, stated, "The IVDN team, including our top performing sales agent, Built Link Solutions, is delivering record sales growth and profitability gains with the continued acceptance of Insultex House Wrap® by new and repeat customers across the US in 2026. As the unmatched advantages of this patented product are becoming more well known, the response from the homebuilding industry is becoming exceedingly positive for us and our long term marketing goals. The very important milestone of the independent certification from Perry Johnson Laboratory Accreditation Inc. just achieved has also moved us a major step forward towards allowing Insultex House Wrap® to serve the much larger needs of the top names in the multi-billion dollar homebuilding industry today."
This news is significant for the Long Beach, California area and surrounding region because it highlights a growing business with innovative building products that can impact local construction projects. As building codes become more stringent, products like Insultex House Wrap® that provide continuous insulation and moisture protection without additional materials can offer cost and efficiency advantages to builders and developers. The company's record sales and profitability indicate strong demand, which could lead to increased adoption in California's active homebuilding market. The independent certification further validates the product's performance, potentially opening doors to larger commercial and residential projects. For industry stakeholders, this development underscores the importance of investing in certified, high-performance building materials to meet evolving energy efficiency standards. For readers, it signals that a company with a patented, code-compliant insulation solution is expanding its reach, which may influence future construction practices and availability of advanced materials in the region. More information about the product can be found at http://www.insultexhousewrap.com.
