• Innovative Designs posted net income of $106,060 for the quarter ended April 30, 2026, down 48.1%.
• Revenue rose 15.4% to $808,666, with the increase attributed solely to higher House Wrap sales.
• Operating income fell 45.8% to $108,698 as selling and G&A expenses climbed 42.7% to $285,133.
• Deposits totaled $652,944 on Insultex production equipment, with installation timing dependent on funding, facility selection and bringing in foreign technical staff.
• Paid about $39,139 in deposits for House Wrap quality-control testing equipment; plans to pursue ICC-ES certification once the equipment is housed and certified.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Innovative Designs Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001731122-26-000868), on June 17, 2026, and is solely responsible for the information contained therein.