The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 1,704,849 |
| Depreciation expenses | 41,386 |
| Amortization of operating lease right-of-use lease assets | 153,964 |
| Deferred tax assets | -450,140 |
| Deferred tax liabilities | 18,143 |
| Stock-based compensation | 60,001 |
| Inventory allowance | 447,841 |
| Unrealized foreign exchange gain (loss) | -88,092 |
| Gain on disposal of property and equipment | 3,016 |
| Accounts receivable | -1,414,588 |
| Inventory | 4,106,144 |
| Prepaid expenses and other current assets | 291,367 |
| Accounts payable | 2,024,221 |
| Credit cards payable | 318,096 |
| Accrued expenses and other current liabilities | 360,275 |
| Operating lease liabilities | -150,960 |
| Income taxes payable | 51,147 |
| Net cash provided by operating activities | 2,581,256 |
| Proceeds from disposal of property and equipment | 3,016 |
| Purchases of property and equipment | 78,113 |
| Net cash used in investing activities | -75,097 |
| Payments to related parties | 1,339,000 |
| Proceeds from related parties | 500,000 |
| Net cash used in financing activities | -839,000 |
| Effect of changes in foreign currency exchange rates | 5,293 |
| Net change in cash | 1,672,452 |
| Cash at beginning of year | 2,119,581 |
| Cash at end of year | 3,792,033 |
Hour Loop, Inc (HOUR)
Hour Loop, Inc (HOUR)