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For the quarter ending 2026-03-31, HTCR has $11,771,769 in assets. $6,507,710 in debts. $774,033 in cash and cash equivalents.

Balance Sheets Overview

Current Ratio
117.24%
Quick Ratio
117.24%
Cash Ratio
13.21%
Debt to Asset Ratio
55.28%
Unit: Dollar
Assets Breakdown
    • Long-term proceeds receivable fr...
    • Investments in marketable securi...
    • Proceeds receivable from sale of...
    • Others
Liabilities Breakdown
    • Additional paid-in capital
    • Accumulated deficit
    • Income tax payables
    • Others

Balance Sheets
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Cash and cash equivalents
774,033 1,985,962 1,451,019 2,347,622
Accounts receivable
572,547 707,865 1,107,187 3,000,337
Investments in marketable securities
3,394,190 3,690,187 2,903,815 2,495,016
Investment in warrants
--598,380 -
Prepaid expenses
222,818 182,077 144,048 503,171
Current portion of long-term note receivable
100,000 100,000 200,000 100,000
Due from related party-Related Party
---44,148
Deferred offering costs
250,000 250,000 250,000 250,000
Other current assets
175,335 208,503 133,056 186,944
Current assets of discontinued operations
--5,824,649 -
Proceeds receivable from sale of discontinued operations
1,382,897 1,291,298 --
Total current assets
6,871,820 8,415,892 12,612,154 8,927,238
Subtotal
418,130 424,570 447,497 -
Less accumulated depreciation
138,945 132,981 128,136 -
Property and equipment, net
279,185 291,589 319,361 442,475
Operating lease right-of-use assets
506,456 29,449 29,386 1,853,466
Long-term note receivable
---100,000
Long-term investment in warrants
273,859 280,924 354,950 650,446
Security deposits
---225,649
Deferred tax assets
22,633 23,121 3,914 138,263
Long-term loan receivable from related party-Related Party
---114,230
Security deposits
278,154 282,958 6,578 -
Other non-current assets
241 549 10,828 15,014
Accounts receivable, non-current
---1,058,539
Long-term proceeds receivable from sale of discontinued operations
3,539,421 3,736,995 --
Total non-current assets
4,899,949 4,645,585 725,017 4,598,082
Total assets
11,771,769 13,061,477 13,337,171 13,525,320
Finance lease liabilities, current
-0 17,349 17,666
Current liabilities of discontinued operations
-0 4,735,007 -
Deferred revenue
---1,702,068
Accounts payable and accrued expenses-Nonrelated Party
1,230,686 1,146,501 1,333,724 -
Insurance premium financing
---90,869
Accounts payable and accrued expenses-Related Party
96,333 124,618 25,507 -
Accrued payroll and other employee costs
663,683 509,547 382,087 752,787
Other current liabilities-Related Party
401 285 --
Due to related parties-Related Party
---590
Short-term debt related party
69,000 75,000 70,900 -
Current portion of long-term debts
51,697 50,598 49,479 382,494
Insurance premium financing
97,773 13,430 52,823 -
Short-term debt - related party-Related Party
---75,000
Factoring liability
124,508 135,982 228,310 -
Other current liabilities
---821,858
Operating lease liabilities, current
308,119 32,793 20,400 290,886
Income tax payables
1,847,411 1,857,386 716,253 716,263
Deferred revenue
650,469 676,216 472,830 -
Derivative liability
122,589 121,719 245,820 236,141
Accounts payable and accrued expenses - related party-Related Party
---22,924
Finance lease liabilities, non-current
-0 33,899 39,085
Accounts payable and accrued expenses
---1,758,084
Asset retirement obligations
-0 -122,735
Factoring liability
---226,212
Other current liabilities-Nonrelated Party
598,602 586,175 654,606 -
Non-current liabilities of discontinued operations
-0 --
Total current liabilities
5,861,271 5,330,250 9,005,095 7,093,842
Long-term debts
434,895 448,376 461,433 1,097,263
Operating lease liabilities, non-current
211,544 0 12,126 1,613,378
Total non-current liabilities
646,439 448,376 507,458 2,872,461
Total liabilities
6,507,710 5,778,626 9,512,553 9,966,303
Subscription receivable
-0 -0
Preferred shares, 0.0001 par value, 20,000,000 shares authorized series a convertible preferred shares, 4,000 shares designated, 1,017 shares issued and outstanding as of march 31, 2026 and december 31, 2025 aggregate liquidation preference of 1,262,686 and 1,158,362 as of march 31, 2026 and december 31, 2025, respectively
691,858 691,858 1,360,586 1,360,586
Common shares, 0.0001 par value, 200,000,000 shares authorized, 1,288,812 and 1,270,991 shares issued and outstanding as of march 31, 2026 and december 31, 2025, respectively
129 2,542 2,331 2,331
Additional paid-in capital
21,876,230 21,899,754 21,269,122 21,316,326
Accumulated deficit
-15,627,241 -13,755,534 -17,797,861 -18,231,933
Accumulated other comprehensive loss
-66,099 -58,497 357,275 393,124
Total heartcore enterprises, inc. shareholders equity
6,874,877 8,780,123 5,191,453 4,840,434
Non-controlling interests
-1,610,818 -1,497,272 -1,366,835 -1,281,417
Total shareholders equity
5,264,059 7,282,851 3,824,618 3,559,017
Total liabilities and shareholders equity
11,771,769 13,061,477 13,337,171 13,525,320
Unit: Dollar. Numbers labeled with * are estimated quarterly values.

Time Plot

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Balance Sheets

Subtotal$418,130 Investments in marketablesecurities$3,394,190 Proceeds receivable fromsale of discontinued...$1,382,897 Cash and cashequivalents$774,033 Accounts receivable$572,547 Deferred offering costs$250,000 Prepaid expenses$222,818 Other current assets$175,335 Current portion oflong-term note receivable$100,000 Long-term proceedsreceivable from sale of...$3,539,421 Operating leaseright-of-use assets$506,456 Property and equipment,net$279,185 Security deposits$278,154 Long-term investment inwarrants$273,859 Deferred tax assets$22,633 Other non-currentassets$241 Less accumulateddepreciation$138,945 Total current assets$6,871,820 Total non-currentassets$4,899,949 Total assets$11,771,769 Total liabilities andshareholders equity$11,771,769 Total liabilities$6,507,710 Total shareholdersequity$5,264,059 Non-controlling interests-$1,610,818 Total currentliabilities$5,861,271 Total non-currentliabilities$646,439 Total heartcoreenterprises, inc....$6,874,877 Accumulated deficit-$15,627,241 Accumulated othercomprehensive loss-$66,099 Income tax payables$1,847,411 Accounts payable andaccrued...$1,230,686 Accrued payroll andother employee costs$663,683 Deferred revenue$650,469 Other currentliabilities-Nonrelated Party$598,602 Operating leaseliabilities, current$308,119 Factoring liability$124,508 Derivative liability$122,589 Insurance premiumfinancing$97,773 Accounts payable andaccrued...$96,333 Short-term debt relatedparty$69,000 Current portion oflong-term debts$51,697 Other currentliabilities-Related Party$401 Long-term debts$434,895 Operating leaseliabilities, non-current$211,544 Additional paid-in capital$21,876,230 Preferred shares, 0.0001par value,...$691,858 Common shares, 0.0001par value,...$129

HeartCore Enterprises, Inc. (HTCR)

HeartCore Enterprises, Inc. (HTCR)