HeartCore Enterprises, Inc. (HTCR)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
|---|---|---|---|---|
| Revenues | 4,744,246 | 3,587,026 | 17,850,411 | 4,066,388 |
| Cost of revenues (including cost of revenues resulting from transactions with a related party of 31,328 and 56,523 for the three and six months ended june 30, 2025, respectively, and of 25,117 and 25,117 for the three and six months ended june 30, 2024, respectively) | 2,526,651 | 2,486,742 | - | - |
| Cost of revenues | - | - | 3,433,024 | 3,260,507 |
| Gross profit | 2,217,595 | 1,100,284 | 14,417,387 | 805,881 |
| Selling expenses | 385,622 | 291,160 | 243,110 | 179,408 |
| Research and development expenses | 161,481 | 123,893 | 107,529 | 111,268 |
| General and administrative expenses (including general and administrative expenses resulting from transactions with a related party of 11,433 and 29,048 for the three and six months ended june 30, 2025, respectively, and of 6,473 and 6,473 for the three and six months ended june 30, 2024, respectively) | 1,563,027 | 1,929,388 | 1,966,717 | 2,022,409 |
| Total operating expenses | 2,110,130 | 2,344,441 | 2,317,356 | 2,313,085 |
| Income (loss) from operations | 107,465 | -1,244,157 | 12,100,031 | -1,507,204 |
| Interest income | - | - | 10,933 | 2,030 |
| Changes in fair value of investments in marketable securities | - | - | 122,272 | -196,249 |
| Loss on sale of warrants | - | - | 3,970,628 | - |
| Other income | 21,561 | 35,359 | 24,040 | 37,858 |
| Other expenses | 17,248 | 12,549 | 82,457 | 23,856 |
| Changes in fair value of investments in marketable securities | 852,709 | -1,781,664 | - | - |
| Interest income | 1,841 | 3,020 | - | - |
| Interest expenses | 32,665 | 29,133 | 31,393 | - |
| Changes in fair value of investment in warrants | -124,281 | 51,621 | -2,869,407 | 558,820 |
| Total other income (expenses) | 950,479 | -1,836,588 | -1,057,826 | - |
| Interest expense, operating and nonoperating | - | - | - | 37,040 |
| Other nonoperating income (expense) | - | - | - | -776,077 |
| Income (loss) before income tax expense (benefit) | 1,057,944 | -3,080,745 | 11,042,205 | -2,283,281 |
| Income tax expense (benefit) | -3,562 | 56,636 | 225,275 | -72,163 |
| Net income (loss) | 1,061,506 | -3,137,381 | 10,816,930 | -2,211,118 |
| Less net loss attributable to non-controlling interests | -38,396 | -50,389 | -240,876 | -260,018 |
| Net income (loss) attributable to heartcore enterprises, inc | 1,099,902 | -3,086,992 | 11,057,806 | -1,951,100 |
| Dividends accrued on series a convertible preferred shares | 611 | - | - | - |
| Net income (loss) attributable to heartcore enterprises, inc. common shareholders | 1,099,291 | -3,086,992 | 11,057,806 | -1,951,100 |
| Basic (in dollars per share) | 0.05 | -0.14 | 0.53 | -0.09 |
| Basic (in shares) | 22,088,909 | 22,054,029 | 20,864,144 | 20,864,144 |
| Diluted (in dollars per share) | 0.04 | -0.14 | 0.53 | -0.09 |
| Diluted (in shares) | 27,079,975 | 22,054,029 | 20,864,144 | 20,864,144 |