HOUR: the balance sheet

MyFinsight

For the year ending 2025-12-31, HOUR has $23,821,437 in assets. $16,827,578 in debts.

Balance Sheets	2025-12-31
Cash	3,792,033
Accounts receivable, net	235,959
Inventory, net	18,298,935
Prepaid expenses and other current assets	619,261
Total current assets	22,946,188
Property and equipment, net	95,917
Deferred tax assets	609,964
Operating lease right-of-use lease assets	169,368
Total non-current assets	875,249
Total assets	23,821,437

Accounts payable	6,200,526
Credit cards payable	3,707,976
Short-term loan	637,348
Operating lease liabilities-current	92,362
Income taxes payable	51,147
Accrued expenses and other current liabilities	2,226,387
Due to related parties	3,810,418
Total current liabilities	16,726,164
Operating lease liabilities-non-current	83,271
Deferred tax liabilities	18,143
Total non-current liabilities	101,414
Total liabilities	16,827,578
Common stock 0.0001 par value, 300,000,000 shares authorized, 35,176,320 and 35,143,460 shares issued and outstanding as of december 31, 2025 and 2024, respectively	3,518
Additional paid-in capital	5,862,683
Retained earnings (accumulated deficit)	1,109,674
Accumulated other comprehensive income (loss)	17,984
Total stockholders equity	6,993,859
Total liabilities and stockholders equity	23,821,437

Unit: Dollar.