The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income | 530,591 | 1,831,518 |
| Depreciation expenses | 7,592 | 23,517 |
| Amortization of operating lease right-of-use lease assets | 19,302 | 122,018 |
| Deferred tax assets | -129,416 | -546,952 |
| Deferred tax liabilities | -733 | 19,464 |
| Stock-based compensation | 14,999 | 30,001 |
| Inventory allowance | 83,556 | 416,196 |
| Unrealized foreign exchange gain | 80,941 | -237,028 |
| Income taxes payable | - | 0 |
| Gain on disposal of property and equipment | 3,016 | - |
| Accounts receivable | 68,519 | -1,172,592 |
| Inventory | 8,019,072 | 6,716,310 |
| Prepaid expenses and other current assets | 300,056 | 197,393 |
| Accounts payable | 6,829,110 | 4,407,785 |
| Credit cards payable | 879,771 | -409,341 |
| Accrued expenses and other current liabilities | 492,668 | -2,283,745 |
| Operating lease liabilities | -14,238 | -125,712 |
| Net cash (used in) provided by operating activities | 500,430 | -925,430 |
| Proceeds from disposal of property and equipment | 3,016 | - |
| Purchases of property and equipment | 51,178 | 801 |
| Net cash used in investing activities | -48,162 | -801 |
| Payments to related parties | 0 | 839,000 |
| Net cash used in financing activities | 0 | -839,000 |
| Effect of changes in foreign currency exchange rates | 18,685 | -28,996 |
| Net change in cash | 470,953 | -1,794,227 |
| Cash and cash equivalents at beginning of period | 2,119,581 | - |
| Cash and cash equivalents at end of period | 796,307 | - |
Hour Loop, Inc (HOUR)
Hour Loop, Inc (HOUR)