The latest financial statement is for the quarter ending 2025-09-30.
| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Loss on sale of warrants | 0 | - |
| Marketable securities received as noncash consideration | 0 | - |
| Depreciation and amortization expenses | -5,443 | 42,437 |
| Accounts payable and accrued expenses - related party | - | -23,386 |
| Loss on disposal of property and equipment | 324 | -117,305 |
| Accounts payable and accrued expenses | - | -320,566 |
| Non-cash lease expense | -110,511 | 163,354 |
| Gain on termination of lease | 0 | 9,059 |
| Net loss | - | -2,075,875 |
| Deferred income taxes | 1,672 | 28,008 |
| Stock-based compensation | 9,018 | 60,204 |
| Changes in fair value of derivative liability | 9,679 | - |
| Gain on settlement of asset retirement obligations | 45,873 | - |
| Changes in fair value of investments in marketable securities | - | -928,955 |
| Accounts receivable | -1,068,063 | 1,145,166 |
| Prepaid expenses | -1,400 | -126,001 |
| Other assets | 65,664 | -182,063 |
| Accounts payable and accrued expenses-Related Party | -20,386 | - |
| Accounts payable and accrued expenses-Nonrelated Party | -304,033 | - |
| Accrued payroll and other employee costs | 106,123 | - |
| Due to related party | -884 | - |
| Operating lease liabilities | 114,459 | -159,030 |
| Accrued payroll and other employee costs | - | 31,589 |
| Due to related parties | - | -370 |
| Deferred revenue | - | -282,704 |
| Income tax payables | 3,879 | -108,943 |
| Deferred revenue | -278,421 | - |
| Other liabilities | 121,053 | -113,370 |
| Warrants received as noncash consideration | -837,913 | - |
| Changes in fair value of investments in warrants | 146,769 | -72,660 |
| Changes in fair value of investments in marketable securities | -908,416 | - |
| Net income (loss) from continuing operations | -2,913,181 | - |
| Purchases of property and equipment | - | 1,235 |
| Net cash flows used in operating activities of continuing operations | -2,980,958 | - |
| Purchase of investment in safe | 0 | 0 |
| Amortization of debt issuance costs | - | 2,194 |
| Repayment of loan provided to related party | - | -21,139 |
| Gain on settlement of asset retirement obligations | - | 45,873 |
| Prepayment for property and equipment | - | 0 |
| Net cash flows used in operating activities | - | -2,674,892 |
| Net proceeds from sale of warrants | 0 | 0 |
| Proceeds from sale of marketable securities | 0 | 1,071,732 |
| Net cash flows provided by investing activities of continuing operations | 1,071,732 | - |
| Net repayment of factoring arrangement | 0 | 0 |
| Capital contribution from non-controlling shareholder | 0 | - |
| Distribution of dividends | 0 | 0 |
| Net cash flows provided by investing activities | - | 1,091,636 |
| Payments for finance lease | 4,317 | 8,375 |
| Repayment of short-term and long-term debts | - | 395,495 |
| Repayment of related party debt | 4,100 | - |
| Proceeds from exercise of stock options | - | 117,000 |
| Repayment of long-term debts | 34,176 | - |
| Proceeds from short-term debt | - | 134,689 |
| Repayment of insurance premium financing | 103,303 | 65,257 |
| 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 proceeds from factoring arrangement | 55,916 | - |
| Proceeds from issuance of common shares related to at the market offering agreement | 0 | 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 | 1,953,032 | - |
| Net cash flows provided by (used in) operating activities of discontinued operations | 127,672 | - |
| Proceeds from collection of subscription receivable | - | 103,942 |
| Net cash flows provided by investing activities of discontinued operations | 29,222 | - |
| Net proceeds from factoring arrangement | - | 53,818 |
| Net cash flows used in financing activities of discontinued operations | -323,630 | - |
| Net cash flows provided by (used in) financing activities | - | 1,770,767 |
| Net cash flows used in discontinued operations | -166,736 | - |
| Effect of exchange rate changes | -12,445 | 39,022 |
| Net change in cash and cash equivalents | -322,886 | 226,533 |
| Cash and cash equivalents at beginning of period | 2,121,089 | - |
| Cash and cash equivalents at end of period | 2,024,736 | - |
HeartCore Enterprises, Inc. (HTCR)
HeartCore Enterprises, Inc. (HTCR)