Innovative Designs Inc

Innovative Designs Inc. develops and sells products made with its proprietary Insultex material, focusing on two lines: house wrap for building construction and cold-weather apparel under the Arctic Armor brand. The company also acts as a distributor of Insultex material in most markets worldwide, while it works toward eventually manufacturing the material itself.

18,4 %

17,9 %

+100,0 %

11.56

7.41

— Innovative Designs Inc
%
House Wrap65% Thermal building wrap sold for construction and insulation applications.
Cold-Weather Apparel30% Arctic Armor branded outerwear and gear for cold, wet, and windy conditions.
Insultex Material Distribution5% Sale and distribution of the proprietary Insultex foam material to other users.

Customers include distributors, retail chain stores, online buyers, and wholesale partners that sell into construction...

  • Distributors and sales agenciesprimary

    Buy products for resale across assigned territories and help extend market reach.

  • Retail chain stores and mass merchandisersprimary

    Purchase Arctic Armor and related products for shelf sales to end consumers.

  • Construction and building-material buyersprimary

    Buy house wrap for insulation and thermal performance in building applications.

  • Online consumerssecondary

    Buy cold-weather apparel directly through the company’s website and online channels.

  • Recreational and outdoor userssecondary

    Buy cold-weather gear for fishing, outdoor work, and winter recreation.

The company is based in the United States and sells primarily through domestic distributors, online channels, and sales...

  • United States is the core operating and sales market
  • Canada is served through sales agencies and distributor relationships
  • Worldwide distribution rights exclude Korea and Japan
  • Domestic distributors cover many U.S. states and regions
  • Small operating footprint increases dependence on channel partners

Management is focused on expanding sales of House Wrap and Arctic Armor while funding operations through product sales...

01
Increase House Wrap salesshort-term

Recent revenue growth was attributed solely to the house wrap line, making it the clearest near-term growth lever.

02
Secure working capitalshort-term

The company needs cash to buy materials, support operations, and avoid financing strain from supplier terms.

03
Internalize Insultex productionmedium-term

Owning production capability could improve supply control and reduce reliance on third parties for the proprietary material.

04
Broaden distribution channelsmedium-term

The company relies on a small number of distributors and sales agencies, so wider channel coverage is important for scale.

The company faces going-concern and liquidity pressure because it has limited operating funds, depends on external...

high

Going-concern and liquidity shortfall

The company says it may need additional funds to buy materials and support operations, and it has relied on equity sales to fund cash needs.

Scope
Working capital, supplier payments, inventory purchases
Materiality
high
high

Competitive pricing pressure

Competitors have larger customer bases, stronger brands, and more resources, which can compress margins and limit market share gains.

Scope
House Wrap and Arctic Armor lines
Materiality
high
high

Manufacturing and supply-chain execution

The company intends to install and operate equipment for Insultex production, which requires funding, a suitable facility, and technical personnel.

Scope
Insultex supply availability and cost structure
Materiality
high
medium

Seasonality of cold-weather products

Demand for Arctic Armor and related gear depends on winter conditions and outdoor activity patterns.

Scope
Apparel sales and quarterly comparability
Materiality
medium
Revenue recognition on product sales
Quarterly revenue timing and receivables quality
Internal control weakness
Reliability of reported results and disclosures
Equipment deposits and manufacturing assets
Balance sheet assets and future depreciation
Equity financing
Share count and financing cash inflows

: 28.4.2026