The latest financial statement is for the year ending 2025-12-31.
| Cash Flow | 2025-12-31 |
|---|---|
| Impairment of intangible asset | 0 |
| Loss on sale of warrants | 0 |
| Impairment of investment in equity securities | 0 |
| Impairment of investment in safe | 0 |
| Marketable securities received as noncash consideration | 0 |
| Impairment of goodwill | 0 |
| Depreciation and amortization expenses | 46,373 |
| Loss on disposal of property and equipment | -116,981 |
| Non-cash lease expense | 62,845 |
| Gain on termination of lease | 9,059 |
| Deferred income taxes | 9,192 |
| Stock-based compensation | -151,139 |
| Changes in fair value of derivative liability | -114,422 |
| Loss on forgiveness of note receivable | 100,000 |
| Gain on settlement of asset retirement obligations | 45,873 |
| Accounts receivable | -322,040 |
| Prepaid expenses | -86,563 |
| Other assets | 119,413 |
| Accounts payable and accrued expenses - related party-Nonrelated Party | -485,665 |
| Accounts payable and accrued expenses - related party-Related Party | 79,600 |
| Accrued payroll and other employee costs | 234,835 |
| Due to related party | -585 |
| Operating lease liabilities | -54,400 |
| Income tax payables | 1,036,456 |
| Deferred revenue | -75,035 |
| Other liabilities | -3,036 |
| Warrants received as noncash consideration | -837,913 |
| Changes in fair value of investment in warrants | -625,675 |
| Changes in fair value of investments in marketable securities | -1,494,234 |
| Net loss from continuing operations | -4,184,005 |
| Net cash flows used in operating activities of continuing operations | -3,117,101 |
| Purchase of investment in safe | 0 |
| Net proceeds from sale of warrants | 0 |
| Proceeds from sale of discontinued operations, net of cash divested | 4,518,868 |
| Proceeds from sale of marketable securities | 1,071,732 |
| Net cash flows provided by investing activities of continuing operations | 5,590,600 |
| Proceeds from related party debt | 0 |
| Capital contribution from non-controlling shareholder | 0 |
| Payments for finance lease | 14,666 |
| Repayment of long-term debts | 46,114 |
| Repayment of insurance premium financing | 142,696 |
| Net repayment of factoring arrangement | 36,412 |
| Dividends paid for common shares | 3,304,575 |
| Proceeds from issuance of common shares related to at the market offering agreement | 30,445 |
| Proceeds from collection of subscription receivable | 103,942 |
| Proceeds from exercise of stock options | 117,000 |
| Proceeds from issuance of series a convertible preferred shares and common shares related to securities purchase agreement, net of share issuance costs | 1,800,000 |
| Net cash flows provided by (used in) financing activities of continuing operations | -1,493,076 |
| Net cash flows used in operating activities of discontinued operations | -854,831 |
| Net cash flows provided by investing activities of discontinued operations | 171,641 |
| Net cash flows used in financing activities of discontinued operations | -351,089 |
| Net cash flows used in discontinued operations | -1,034,279 |
| Effect of exchange rate changes | -81,271 |
| Net change in cash and cash equivalents | -135,127 |
| Cash and cash equivalents - beginning of the year | 2,121,089 |
| Cash and cash equivalents - end of the year | 1,985,962 |
HeartCore Enterprises, Inc. (HTCR)
HeartCore Enterprises, Inc. (HTCR)