Overview
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Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2025
Where the money goes
Where each dollar of revenue went, fiscal 2025
- Cost of revenue66¢$1.6M
- Other costs34¢$815.9K
Out of $2.4M in revenue.4 The company lost money this year.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net revenues and lease income | $2.4M | $8.1M |
| Cost of revenues | $1.6M | $1.2M |
| Gross profit | $815.9K | $6.9M |
| Sales and marketing | $848.1K | $866.6K |
| General and administrative expenses | $7.1M | $1.9M |
| Total operating expenses | $8.0M | $2.7M |
| Income (loss) from operations | -$7.2M | $4.1M |
| Loss from conversion of debt to equity | -$2.0M | |
| Other income | $228.9K | |
| Change in fair value derivative liability | -$2.8M | $338.3K |
| Interest expense | -$2.6M | -$1.4M |
| Total other expense, net | -$7.1M | -$1.1M |
| Net income (loss) | -$14.3M | $3.0M |
| Preferred stock dividends | $132.1K | $114.3K |
| Net income (loss) applicable to common shareholders | -$14.4M | $2.9M |
| Income (loss) per common share - basic | -$0.13 | $0.04 |
| Income (loss) per common share - diluted | -$0.13 | $0.04 |
| Weighted average common shares outstanding - basic | 110.2M shares | 84.4M shares |
| Weighted average common shares outstanding - diluted | 110.2M shares | 84.4M shares |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 5 fiscal years (annual) or 5 quarters (quarterly), latest first.4
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Cash | $4.2K | $26.1K | |||
| Accounts receivable, net | $488.4K | $1.3M | |||
| Prepaid and other current assets | $115.1K | $255.5K | |||
| Total current assets | $607.7K | $1.5M | |||
| Land | $17.7M | $15.8M | |||
| Buildings, net | $1.6M | $1.8M | |||
| Other non-current assets | $311.4K | $408.1K | |||
| Long-term accounts receivable, net | $1.0M | ||||
| Goodwill | $11.1M | $11.1M | |||
| Total assets | $32.3M | $30.7M | |||
| Accrued interest | $1.8M | $1.4M | |||
| Deferred revenue | $46.5K | ||||
| Contract liability | $143.7K | $143.7K | |||
| Escrow deposits | $1.0M | $20.5K | |||
| Derivative liability | $3.0M | $161.1K | |||
| Convertible notes, net of debt discounts | $6.7M | $600.0K | |||
| Other loans | $7.6M | $8.6M | |||
| Total current liabilities | $24.9M | $13.1M | |||
| Convertible notes, net of current portion | $2.5M | ||||
| Total liabilities | $24.9M | $15.6M | |||
| Total Temporary Equity | $625.0K | $603.5K | $293.5K | $293.5K | |
| Common stock; $0.001 par value; 250,000,000 shares authorized; 2,666,311 and 2,606,311 shares issued and outstanding as of December 31, 2025, respectively, and 1,952,054 and 1,892,054 shares issued and outstanding as of December 31, 2024, respectively | $133.3K | $97.6K | |||
| Additional paid-in capital | $43.8M | $38.8M | |||
| Common stock payable | $1.6M | ||||
| Treasury stock (3,000,000 shares as of December 31, 2025 and December 31, 2024) | -$300.0K | -$300.0K | |||
| Accumulated deficit | -$38.4M | -$24.1M | |||
| Total stockholders equity | $6.8M | $14.5M | $1.1M | ||
| Total liabilities and stockholders equity | $32.3M | $30.7M | |||
| Preferred Stock, Shares Authorized | 2.0M shares | ||||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 250.0M shares | 250.0M shares | |||
| Common stock, shares issued | 2.7M shares | 2.0M shares | |||
| Common stock, shares outstanding | 2.6M shares | 1.9M shares | |||
| Treasury stock, shares | 3.0M shares | 3.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 |
|---|---|---|---|---|---|
| Cash | $4.2K | $26.1K | |||
| Accounts receivable, net | $488.4K | $1.3M | |||
| Prepaid and other current assets | $115.1K | $255.5K | |||
| Total current assets | $607.7K | $1.5M | |||
| Land | $17.7M | $15.8M | |||
| Buildings, net | $1.6M | $1.8M | |||
| Other non-current assets | $311.4K | $408.1K | |||
| Long-term accounts receivable, net | $1.0M | ||||
| Goodwill | $11.1M | $11.1M | |||
| Total assets | $32.3M | $30.7M | |||
| Accrued interest | $1.8M | $1.4M | |||
| Deferred revenue | $46.5K | ||||
| Contract liability | $143.7K | $143.7K | |||
| Escrow deposits | $1.0M | $20.5K | |||
| Derivative liability | $3.0M | $161.1K | |||
| Convertible notes, net of debt discounts | $6.7M | $600.0K | |||
| Other loans | $7.6M | $8.6M | |||
| Total current liabilities | $24.9M | $13.1M | |||
| Convertible notes, net of current portion | $2.5M | ||||
| Total liabilities | $24.9M | $15.6M | |||
| Total Temporary Equity | $625.0K | $603.5K | $293.5K | $293.5K | |
| Common stock; $0.001 par value; 250,000,000 shares authorized; 2,666,311 and 2,606,311 shares issued and outstanding as of December 31, 2025, respectively, and 1,952,054 and 1,892,054 shares issued and outstanding as of December 31, 2024, respectively | $133.3K | $97.6K | |||
| Additional paid-in capital | $43.8M | $38.8M | |||
| Common stock payable | $1.6M | ||||
| Treasury stock (3,000,000 shares as of December 31, 2025 and December 31, 2024) | -$300.0K | -$300.0K | |||
| Accumulated deficit | -$38.4M | -$24.1M | |||
| Total stockholders equity | $6.8M | $14.5M | $1.1M | ||
| Total liabilities and stockholders equity | $32.3M | $30.7M | |||
| Preferred Stock, Shares Authorized | 2.0M shares | ||||
| Common stock, par value | $0.00 | $0.00 | |||
| Common stock, shares authorized | 250.0M shares | 250.0M shares | |||
| Common stock, shares issued | 2.7M shares | 2.0M shares | |||
| Common stock, shares outstanding | 2.6M shares | 1.9M shares | |||
| Treasury stock, shares | 3.0M shares | 3.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.4
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income (loss) | -$14.3M | $3.0M |
| Stock-based compensation | $3.7M | $908.0K |
| Loss from extinguishment of debt | $2.0M | |
| Fair value of commitment shares | $82.7K | |
| Bad debt expense | $242.0K | |
| Prior period adjustment | $26.0K | |
| Non-cash interest expense | $901.8K | |
| Depreciation expense | $163.5K | $87.2K |
| Excess fair value of derivative over carrying balance of debt | -$228.5K | |
| Change in fair value derivative | $2.8M | -$338.3K |
| Amortization of debt discount | $596.7K | |
| Accounts Receivable | $730.2K | $387.5K |
| Prepaid and other current assets | $140.4K | -$238.7K |
| Other non-current assets | $96.7K | -$165.2K |
| Accrued interest | $358.6K | $722.6K |
| Accounts payable and accrued liabilities | $293.9K | -$290.3K |
| Accounts payable and accrued liabilities-related party | $1.8M | -$34.3K |
| Deferred revenue | $46.5K | -$4.5M |
| Escrow deposit liability | -$468.3K | $50.3K |
| Net cash used in operating activities | -$998.6K | -$384.7K |
| Additions to long-term accounts receivable | -$1.2M | |
| Additional expenditures on land | -$1.9M | -$288.1K |
| Additions to Construction in Progress on land not owned | -$225.0K | |
| Net cash used in investing activities | -$3.1M | -$513.1K |
| Series D Preferred Stock dividends paid | -$24.5K | |
| Series A Preferred Stock dividends paid | -$107.6K | |
| Cash received for common stock payable | $25.0K | |
| Dividends paid on Series C Preferred Stock | -$91.7K | |
| Series C Preferred Stock issued for cash | $250.0K | |
| Cash proceeds from promissory notes related party | $141.4K | $242.9K |
| Cash payments on promissory notes | -$19.2K | -$565.0K |
| Cash proceeds from convertible notes | $4.3M | $456.1K |
| Cash payments on convertible notes | -$329.4K | |
| Cash proceeds from promissory notes | $100.0K | $75.0K |
| Cash proceeds from other loans | $1.5M | $666.4K |
| Cash payments on other loans | -$1.8M | |
| Net cash provided by financing activities | $4.1M | $783.7K |
| Net increase (decrease) in cash | -$21.9K | -$114.1K |
| Cash paid for interest | $391.1K | $254.9K |
| Dividend on Series A | $107.6K | $333.5K |
| Dividend on Series D | $24.5K | |
| Dividend on Series C | $81.5K | $22.6K |
| Conversion of Series C Preferred Stock to Common Stock | -$305.6K | |
| Conversion of debt for common shares | $3.5M | $49.1K |
| Debt discount | $169.5K | |
| Commitment shares issued with promissory notes | $82.3K | $165.5K |
No quarter-by-quarter statement was filed.
Compare International Land Alliance Inc. with another company
Corporate structure
International Land Alliance Inc. sits at the top of its group. 8 entities, 2 countries on record. Switch between the flow chart and the network, and select any entity to see its details.
Major holders of International Land Alliance Inc.
- BIGGER CAPITAL FUND L P Filed SC 13G/A on International Land Alliance Inc., latest Feb 7, 2023 (2 filings since Jan 28, 2022)
- International Land Alliance Inc. San Diego, California
- Emerald Grove Estates, LLC Subsidiary · California, United States
- ILA Fund I, LLC Subsidiary · Wyoming, United States
- International Land Alliance, S.A. de C.V. (ILA Mexico) Subsidiary · Mexico
- Oasis Park Resort, LLC Subsidiary · Wyoming, United States
- Plaza Bajamar, LLC Subsidiary · Wyoming, United States
- Plaza Valle Divino, LLC Subsidiary · Wyoming, United States
- Rancho Costa Verde Development, LLC Subsidiary · Nevada, United States
Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.
What it owns
What International Land Alliance Inc. reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.
Property and equipment
| Item | Latest | A year before | Change |
|---|---|---|---|
| Land | $17.7M4 Dec 31, 2025 | $15.8M4 Dec 31, 2024 | +12.0% |
| Buildings and improvements | $1.6M4 Dec 31, 2025 | $1.8M4 Dec 31, 2024 | −11.8% |
| Accumulated depreciation | $1.0M4 Dec 31, 2025 | $844.1K4 Dec 31, 2024 | +22.3% |
| Property and equipment, net | $1.6M4 Dec 31, 2025 | $1.8M4 Dec 31, 2024 | −11.8% |
Investments
| Item | Latest | A year before | Change |
|---|---|---|---|
| Cash and cash equivalents | $04 Dec 31, 2025 | $04 Dec 31, 2024 | |
| Deposits held (banks) | $1.0M4 Dec 31, 2025 | $20.5K4 Dec 31, 2024 | +4936.8% |
Intangibles and goodwill
Properties, in its own words
Our corporate headquarters are located in leased office facilities at 350 10th Ave., Suite 1000, San Diego, CA 92101. Because of the nature of our real estate development operations, significant amounts of property are held as inventory in the ordinary course. Such properties are not included in response to this Item.
Item 2 of the 10-K filed Apr 27, 2026.13
Leadership
Who has led International Land Alliance Inc., and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- PresidentFrank Ingrande Sep 21, 2021 to Sep 21, 202114
- PresidentRoberto Jesus Valdez Dec 5, 2019 to Dec 5, 201915
- Chief financial officerJason Sunstein Dec 5, 2019 to Sep 13, 202216
- Chief operating officerLisa Landau Dec 5, 2019 to Dec 5, 201917
Board members and other officers (2)
- Board memberJason Sunstein Dec 5, 2019 to Sep 13, 202216
- Board memberRoberto Jesus Valdez Dec 5, 2019 to Dec 5, 201915
Subsidiaries and ownership
Subsidiaries (Exhibit 21)
- Emerald Grove Estates, LLC California3
- ILA Fund I, LLC Wyoming3
- International Land Alliance, S.A. de C.V. (ILA Mexico) Mexico3
- Oasis Park Resort, LLC Wyoming3
- Plaza Bajamar, LLC Wyoming3
- Plaza Valle Divino, LLC Wyoming3
- Rancho Costa Verde Development, LLC Nevada3
The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.
Timeline
- Jun 2, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares18
- Feb 4, 20268-K Change to shareholders' rights; Bylaws or fiscal year changed; Shareholder vote19
- Jan 30, 20268-K Entered a material agreement; New debt or obligation; Unregistered sale of shares20
- Nov 21, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares21
- Nov 20, 20258-K Bylaws or fiscal year changed22
- Oct 10, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares23
- Sep 26, 20258-K Entered a material agreement; New debt or obligation; Unregistered sale of shares24
- Mar 26, 20258-K Bylaws or fiscal year changed25
- May 2, 20248-K Change of auditor26
- Nov 8, 20238-K Entered a material agreement; Unregistered sale of shares; Bylaws or fiscal year changed27
- Oct 25, 20238-K Other events28
- Jul 26, 20238-K Entered a material agreement; Bylaws or fiscal year changed29
Filings
71 filings to the SEC since October 2021: 5 annual reports, 16 quarterly reports, 17 major events, 2 insider forms, 2 large holders, 29 other. The latest 20:
- Aug 13, 202610-Q EDGAR
- Jun 2, 20268-K EDGAR
- May 15, 202610-Q EDGAR
- Apr 27, 202610-K EDGAR
- Apr 1, 2026NT 10-K EDGAR
- Feb 4, 20268-K EDGAR
- Jan 30, 20268-K/A EDGAR
- Dec 18, 2025RW EDGAR
- Nov 21, 20258-K EDGAR
- Nov 20, 20258-K EDGAR
- Nov 19, 202510-Q EDGAR
- Nov 17, 2025NT 10-Q EDGAR
- Oct 10, 20258-K EDGAR
- Sep 26, 20258-K EDGAR
- Aug 14, 202510-Q EDGAR
- Jun 6, 202510-Q EDGAR
- May 21, 202510-K EDGAR
- May 16, 2025NT 10-Q EDGAR
- Apr 1, 2025NT 10-K EDGAR
- Mar 31, 2025S-8 EDGAR
The 71 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
4 open-market trades by officers, directors and large owners since October 2021: 4 buys and 0 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Sep 9, 2022 | Sunstein JasonVice President and CFO | Buy | 44,633 | $0.30 | $13.4K | Form 4 |
| Sep 6, 2022 | Sunstein JasonVice President and CFO | Buy | 29,264 | $0.37 | $10.9K | Form 4 |
| Oct 28, 2021 | Sunstein JasonVice President and CFO | Buy | 6,000 | $0.79 | $4.7K | Form 4 |
| Oct 4, 2021 | Sunstein JasonVice President and CFO | Buy | 37,500 | $0.60 | $22.5K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- BIGGER CAPITAL FUND L PSC 13G/A, 2 filings Jan 28, 2022 to Feb 7, 202330
SEC filer profile
How International Land Alliance Inc. is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.
- Name on EDGARInternational Land Alliance Inc.1
- CIK0001657214
- Employer ID (EIN)46-375236113
- Filer statusNon-accelerated filer not an emerging growth company; a smaller reporting company; a shell company13
- Incorporated inWyoming13
- Fiscal year endsDecember 311
- Industry code (SIC)6552 Land Subdividers & Developers (No Cemeteries)1
- SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
- Business address350 10Th Avenue, Suite 1000, San Diego, CA 921011
- Phone(858) 692-26771
- Shares outstanding4,821,818 as of Aug 13, 202611
- Public float$15.3M as of Jun 30, 202513
- AuditorBush & Associates CPA LLC, Las Vegas, Nevada PCAOB ID 6797; no auditor attestation of internal control over financial reporting13
- On EDGAR sinceFeb 11, 20161
- Filings167 in all: 10-Q (26), 8-K (25), NT 10-Q (21), 4 (11), CORRESP (10), 10-K (9), NT 10-K (8), S-1/A (8)1
All 27 form types
UPLOAD (6), 3 (4), DEF 14C (4), EFFECT (4), PRE 14C (4), S-1 (4), DEFA14C (3), POS AM (3), RW (3), 10-Q/A (2), D (2), S-8 (2), SC 13G/A (2), 8-A12G (1), 8-K/A (1), DEL AM (1), S-8 POS (1), SC 13G (1), SEC STAFF ACTION (1)
- Latest filingsAnnual report (10-K) Apr 27, 2026
Quarterly report (10-Q) Aug 13, 2026
Latest 8-K (8-K) Jun 2, 2026
Risk factors and legal proceedings
The risks International Land Alliance Inc. names in Item 1A of its 10-K filed Apr 27, 2026: 41 risks under these headings, as written.13
- RISKS RELATED TO OUR BUSINESS AND OPERATIONS
- There is substantial doubt about our ability to continue as a going concern. If we do not continue as a going concern, investors will lose their entire investment.
- Our Certificate of Incorporation and Bylaws limit the liability of, and provide indemnification for, our officers and directors.
- We will need additional capital, which we may be unable to obtain.
- We have a potential conflict of interest with a company controlled by one of our officers and directors.
- Our relatively short period of operations history in the industry makes evaluating our business difficult.
- There is no guarantee that the Company will be able to complete development of its proposed properties and profitably sell any units.
- Investors will have no discretion in management’s real estate investment decisions.
- Our proposed ownership of real estate may result in losses if demand for property declines.
- Property improvement costs are difficult to estimate and if costs exceed our budget, we may lose money on the development and sale of a property.
- Our operating results may suffer because of potential development and construction delays and resultant increased costs and risks which could reduce our revenues or lead to the loss of your investment.
- Our real estate development strategies may not be successful which could reduce our revenues or lead to the loss of your investment.
The other 30 risks
- The real estate market is cyclical, and a downturn of the market could increase the risk of loss of your investment.
- Many real estate costs are fixed and must be paid even if the property is not generating revenue which could increase your risk of loss of your investment.
- Because there is no liquid market for our properties, we may be unable to sell a property when it planned to, which could increase your risk of loss of your investment.
- We are subject to zoning and environmental controls that may restrict the use of our property.
- We may be subject to partially uninsured losses that may require substantial payments which could reduce the value of your investment.
- We cannot control certain factors affecting the performance and value of a property, which may cause the value of that property and your investment to decline.
- If we choose to carry debt, inability to make secured debt payments could result in loss of mortgaged property and reduce the value of your investment.
- Rising interest rates could adversely affect our interest expense and cash flow and reduce the value of your investment.
- Our lack of an established brand name and relative lack of resources could negatively impact our ability to effectively compete in the real estate market, which could reduce the value of your investment.
- We may make changes to our business, investment, leverage and financing strategies without stockholder consent, which could reduce the value of your investment.
- We depend heavily on key personnel, and turnover of key senior management could harm our business.
- Our future results and reputation may be affected by litigation or other liability claims.
- We may be subject to regulatory inquiries, claims, suits prosecutions which may impact our profitability.
- We are vulnerable to concentration risks because we intend to focus on the residential rather than commercial market.
- RISKS RELATED TO OUR MEXICAN OPERATIONS
- General economic conditions in Mexico may have an adverse effect on our operations and reduce our revenues.
- The value of our securities may be affected by the foreign exchange rate between U.S. dollars and the currency of Mexico.
- We are subject to anti-corruption laws in the jurisdictions in which we operate, including the U.S. Foreign Corrupt Practices Act (the “FCPA”), as well as trade compliance and economic sanctions laws and regulations. Our failure to comply with these laws and regulations could subject us to civil and criminal penalties, harm our reputation and materially adversely affect our business, financial condition and results of operations.
- Our operations may be affected by social instability in Mexico.
- RISKS RELATED TO OUR COMMON STOCK
- We will be subject to penny stock regulations and restrictions, and you may have difficulty selling shares of our common stock.
- Because we do not have an audit or compensation committee, shareholders will have to rely on the entire board of directors, none of which are independent, to perform these functions.
- We may, in the future, issue additional shares of common stock, which would reduce investors’ percentage of ownership and may dilute our share value.
- We are subject to compliance with securities law, which exposes us to potential liabilities, including potential rescission rights.
- Because we do not intend to pay any cash dividends on our common stock, our stockholders will not be able to receive a return on their shares unless they sell them.
- We expect to experience volatility in the price of our common stock, which could negatively affect stockholders’ investments.
- Financial Industry Regulatory Authority (“FINRA”) sales practice requirements may also limit a stockholder’s ability to buy and sell our common stock, which could depress the price of our common stock.
- Anti-takeover effects of certain provisions of Wyoming state law may hinder a potential takeover of us.
- Shares eligible for future sale may adversely affect the market.
- We could issue additional common stock, which might dilute the book value of our common stock.
- Our common stock could be further diluted as a result of the issuance of convertible securities, warrants or options.
- Our articles of incorporation allow for our board of directors to create new series of preferred stock without further approval by our stockholders, which could adversely affect the rights of the holders of our common stock.
Legal proceedings
On April 8, 2025, CleanSpark, Inc. (“CleanSpark”) initiated a civil action against the Company in the United States District Court for the Southern District of California (Civil Action No. ‘25CV829 RBMMSB) (the “Action”), in which CleanSpark alleges that the Company had breached the Securities Purchase Agreement, dated October 31, 2019, by and through which CleanSpark purchased shares of Series B Preferred Stock from the Company. As of the date of this filing, the Company is in settlement discussions, which includes the redemption of the Series B Preferred Stock.
The opening of Item 3, Legal Proceedings.13
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1
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- 3
- 4
- 5
- 6
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- 8
- 9
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- 13
- 14SEC EDGARFrank Ingrande, President
- 15SEC EDGARRoberto Jesus Valdez, President
- 16
- 17SEC EDGARLisa Landau, Chief operating officer
- 18
- 19
- 20
- 21
- 22SEC EDGARBylaws or fiscal year changed
- 23
- 24
- 25SEC EDGARBylaws or fiscal year changed
- 26SEC EDGARChange of auditor
- 27
- 28SEC EDGAROther events
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- 30