For the quarter ending 2025-09-30, HTCR has $13,337,171 in assets. $9,512,553 in debts. $1,451,019 in cash and cash equivalents.
| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 1,451,019 | 2,347,622 | ||
| Accounts receivable | 1,107,187 | 3,000,337 | ||
| Investments in marketable securities | 2,903,815 | 2,495,016 | ||
| Investment in warrants | 598,380 | - | ||
| Prepaid expenses | 144,048 | 503,171 | ||
| Current portion of long-term note receivable | 200,000 | 100,000 | ||
| Due from related party-Related Party | - | 44,148 | ||
| Deferred offering costs | 250,000 | 250,000 | ||
| Other current assets | 133,056 | 186,944 | ||
| Current assets of discontinued operations | 5,824,649 | - | ||
| Total current assets | 12,612,154 | 8,927,238 | ||
| Subtotal | 447,497 | - | ||
| Less accumulated depreciation | 128,136 | - | ||
| Property and equipment, net | 319,361 | 442,475 | ||
| Operating lease right-of-use assets | 29,386 | 1,853,466 | ||
| Long-term note receivable | - | 100,000 | ||
| Long-term investment in warrants | 354,950 | 650,446 | ||
| Security deposits | - | 225,649 | ||
| Deferred tax assets | 3,914 | 138,263 | ||
| Long-term loan receivable from related party-Related Party | - | 114,230 | ||
| Security deposits | 6,578 | - | ||
| Accounts receivable, non-current | - | 1,058,539 | ||
| Other non-current assets | 10,828 | 15,014 | ||
| Total non-current assets | 725,017 | 4,598,082 | ||
| Total assets | 13,337,171 | 13,525,320 | ||
| Deferred revenue | - | 1,702,068 | ||
| Accounts payable and accrued expenses-Nonrelated Party | 1,333,724 | - | ||
| Insurance premium financing | - | 90,869 | ||
| Accounts payable and accrued expenses-Related Party | 25,507 | - | ||
| Accrued payroll and other employee costs | 382,087 | 752,787 | ||
| Due to related parties-Related Party | - | 590 | ||
| Short-term debt related party | 70,900 | - | ||
| Current portion of long-term debts | 49,479 | 382,494 | ||
| Insurance premium financing | 52,823 | - | ||
| Short-term debt - related party-Related Party | - | 75,000 | ||
| Factoring liability | 228,310 | - | ||
| Operating lease liabilities, current | 20,400 | 290,886 | ||
| Other current liabilities | - | 821,858 | ||
| Finance lease liabilities, current | 17,349 | 17,666 | ||
| Income tax payables | 716,253 | 716,263 | ||
| Deferred revenue | 472,830 | - | ||
| Derivative liability | 245,820 | 236,141 | ||
| Accounts payable and accrued expenses - related party-Related Party | - | 22,924 | ||
| Accounts payable and accrued expenses | - | 1,758,084 | ||
| Other current liabilities-Nonrelated Party | 654,606 | - | ||
| Factoring liability | - | 226,212 | ||
| Current liabilities of discontinued operations | 4,735,007 | - | ||
| Total current liabilities | 9,005,095 | 7,093,842 | ||
| Long-term debts | 461,433 | 1,097,263 | ||
| Operating lease liabilities, non-current | 12,126 | 1,613,378 | ||
| Finance lease liabilities, non-current | 33,899 | 39,085 | ||
| Asset retirement obligations | - | 122,735 | ||
| Total non-current liabilities | 507,458 | 2,872,461 | ||
| Total liabilities | 9,512,553 | 9,966,303 | ||
| Preferred shares, 0.0001 par value, 20,000,000 shares authorized series a convertible preferred shares, 2,000 and no shares designated, issued and outstanding as of september 30, 2025 and december 31, 2024, respectively aggregate liquidation preference of 2,256,833 and nil as of september 30, 2025 and december 31, 2024, respectively | 1,360,586 | 1,360,586 | ||
| Common shares, 0.0001 par value, 200,000,000 shares authorized, 23,310,770 and 21,937,987 shares issued and outstanding as of september 30, 2025 and december 31, 2024, respectively | 2,331 | 2,331 | ||
| Subscription receivable | - | 0 | ||
| Additional paid-in capital | 21,269,122 | 21,316,326 | ||
| Accumulated deficit | -17,797,861 | -18,231,933 | ||
| Accumulated other comprehensive income | 357,275 | 393,124 | ||
| Total heartcore enterprises, inc. shareholders equity | 5,191,453 | 4,840,434 | ||
| Non-controlling interests | -1,366,835 | -1,281,417 | ||
| Total shareholders equity | 3,824,618 | 3,559,017 | ||
| Total liabilities and shareholders equity | 13,337,171 | 13,525,320 | ||
HeartCore Enterprises, Inc. (HTCR)
HeartCore Enterprises, Inc. (HTCR)