Innovative Designs Inc (OTC: IVDN) is a specialty materials company that designs and sells insulation products for the building construction and cold-weather apparel markets. Revenue comes from wholesale and direct retail sales of products made from Insultex, a low-density polyethylene closed-cell foam with thermal, buoyancy, and scent-blocking properties. The company operates two segments: house wrap for the building construction industry and cold-weather clothing sold under the Arctic Armor brand. Incorporated in Delaware on June 25, 2002, IVDN holds a license agreement with the owner of the Insultex technology and claims sole worldwide distribution rights for the material, excluding Korea and Japan (per the FY2025 10-K filed January 30, 2026). Sales reach customers in the United States and Canada through two domestic distributors covering roughly 22 states, as well as direct retail orders via the company's website. The company imports Insultex from the Ketut Group in Indonesia and pays a 6.5% U.S. Customs importation duty on all imported product.
- Revenue model
- Transactional product sales through two domestic wholesale distributors covering approximately 22 U.S. states and direct-to-consumer retail via the company website. Products ship via UPS or trucking companies. The company also sells Insultex material to other companies within its distribution territory.
- Products and services
- House Wrap (R-6 insulating weatherization membrane made from Insultex, providing moisture barrier and approximately R-6 thermal resistance; R-3 line discontinued from manufacturing but sold from remaining inventory). Arctic Armor cold-weather clothing line made from Insultex. Cold-weather headgear and base insulation clothing. A waterproofing restoration product for Arctic Armor outer garments. Insultex raw material sold to third-party companies within the company's distribution territory.
- Customers and end markets
- Home building and residential construction industry (house wrap segment). Cold-weather outdoor and apparel market (Arctic Armor segment). Wholesale customers served through two domestic distributors; retail customers served directly through the company website. The company is also developing a house wrap product line for the commercial building construction industry.
- Value-chain role
- Brand owner and sole worldwide distributor of Insultex material (excluding Korea and Japan). Contracts manufacturing to sub-manufacturers. Sources raw Insultex from the Ketut Group in Indonesia under an import arrangement. Uses sales agencies and manufacturer representatives to reach U.S. and Canadian markets. Handles marketing materials, literature, and point-of-sale displays with internal staff.
- Geographic exposure
- United States (primary market, with distributor coverage across approximately 22 states including Texas, New York, Pennsylvania, Michigan, Ohio, Illinois, and others per FY2025 10-K). Canada (via sales agencies). Imports Insultex from Indonesia. Worldwide distribution rights for Insultex excluding Korea and Japan.
Source: SEC 10-K, filed 2026-01-30
Industry:
Miscellaneous Fabricated Textile Products
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