HeartCore Enterprises, Inc. financials
Source: EDGAR filings · Built 2026-06-19T01:02:31Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | -4.80M | -4.88M | -4.90M | 676.51K | 666.06K |
| EBITDA | -3.07M | 514.34K | -3.44M | -6.61M | 164.41K | 373.17K |
| Working Capital | 3.09M | 2.00M | -1.02M | 4.89M | 62.92K | 608.48K |
| Net Debt | -1.45M | 617.77K | 3.76M | -2.61M | 3.07M | 5.46M |
| Gross Margin | 35.14% | 64.87% | 36.93% | 38.00% | 47.94% | 44.52% |
| Operating Margin | -34.80% | -0.71% | -18.86% | -75.93% | 0.55% | 2.87% |
| Net Margin | 64.60% | -6.53% | -19.18% | -75.72% | -3.12% | 1.67% |
| Return on Equity (ROE) | 65.99% | -31.83% | -81.12% | -138.89% | 60.50% | -15.76% |
| Return on Assets (ROA) | 44.36% | -10.61% | -21.35% | -55.01% | -3.71% | 1.46% |
| Current Ratio | 1.58× | 1.27× | 0.84× | 2.34× | 1.01× | 1.17× |
| Debt-to-Equity | 0.06× | 0.56× | 0.92× | 0.95× | -11.10× | -8.89× |
| Effective Tax Rate | -1.08% | 6.59% | 2.67% | 0.09% | 2294.78% | 31.77% |
| Cash Conversion Ratio | -0.54× | 3.22× | 1.03× | 0.72× | -2.27× | 4.94× |
| Accruals Ratio | 0.68× | 0.24× | 0.01× | -0.15× | -0.12× | -0.06× |
| SBC % of Revenue | -1.69% | 1.63% | 6.55% | 17.23% | 0.17% | — |
| CapEx Coverage | — | -199.26× | -7.89× | -52.53× | 8.53× | 9.36× |
| Free Cash Flow Per Share | — | $-0.23 | $-0.24 | $-0.27 | $0.04 | $0.05 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 8.97M | 22.69M | 21.85M | 8.82M | 10.82M | 9.03M |
| Revenues | — | 30.41M | 21.85M | — | — | — |
| Cost of Goods and Services Sold | 5.82M | 7.97M | 13.78M | 5.47M | 5.63M | 5.01M |
| Cost of Revenue | — | 12.58M | 13.78M | — | — | — |
| Gross Profit | 3.15M | 14.72M | 8.07M | 3.35M | 5.19M | 4.02M |
| Research and Development Expense | — | 179.76K | 1.02M | 641.02K | 510.74K | 311.05K |
| Operating Expenses | 6.27M | 14.88M | 12.19M | 10.05M | 5.13M | 3.76M |
| Operating Income (Loss) | -3.12M | -161.71K | -4.12M | -6.70M | 59.02K | 258.70K |
| Income Tax Expense (Benefit) | 44.90K | -363.16K | -133.66K | -5.92K | 341.94K | 72.22K |
| Net Income (Loss) Attributable to Parent | 5.79M | -1.48M | -4.19M | -6.68M | -338.16K | 150.96K |
| Earnings Per Share, Basic | $0.25 | $-0.07 | $-0.21 | $-0.37 | $-0.02 | $0.01 |
| Weighted Average Number of Shares Outstanding, Basic | 23.07M | 20.94M | 20.40M | 17.92M | 15.24M | 14.48M |
| Earnings Per Share, Diluted | $0.22 | $-0.07 | $-0.21 | $-0.37 | $-0.02 | $0.01 |
| Weighted Average Number of Shares Outstanding, Diluted | 25.46M | 20.94M | 20.40M | 17.92M | 15.24M | 14.76M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 1.99M | 1.97M | 1.01M | 7.18M | 3.14M | 3.06M |
| Assets, Current | 8.42M | 9.42M | 5.49M | 8.54M | 4.62M | 4.28M |
| Assets | 13.06M | 13.97M | 19.62M | 12.14M | 9.12M | 10.36M |
| Long-term Debt | 498.97K | 545.09K | 2.16M | 1.83M | 2.74M | 3.99M |
| Liabilities, Current | 5.33M | 7.42M | 6.51M | 3.65M | 4.55M | 3.67M |
| Long-term Debt, Excluding Current Maturities | 448.38K | 498.71K | 1.77M | 1.12M | 1.87M | 3.02M |
| Liabilities | 5.78M | 10.50M | 11.96M | 7.33M | 9.68M | 10.96M |
| Stockholders' Equity Attributable to Parent | 8.78M | 4.65M | 5.17M | 4.81M | -558.95K | -958.01K |
| Common Stock, Shares, Outstanding | 1.27M | 21.94M | 20.84M | 17.65M | 15.55M | 15.24M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | — | -4.77M | -4.33M | -4.81M | 766.30K | 745.75K |
| Payments to Acquire Property, Plant, and Equipment | — | 7.45K | 526.26K | 57.07K | 36.15K | 27.17K |
| Net Cash Provided by (Used in) Investing Activities | — | 6.35M | -1.78M | -12.20K | -179.03K | -401.15K |
| Payments for Repurchase of Common Stock | — | — | — | 3.50M | — | — |
| Payments of Dividends | 3.30M | 834.57K | — | — | — | — |
| Net Cash Provided by (Used in) Financing Activities | — | -318.65K | 136.19K | 8.92M | -257.35K | 2.06M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.15M | — | — | -2.68M | — | -1.28M |
| EBITDA | -1.53M | -1.25M | — | — | -1.16M | -9.59M |
| Working Capital | 1.01M | 3.09M | 3.61M | 1.83M | -630.97K | 2.00M |
| Net Debt | 232.22K | -1.45M | -856.33K | 1.10M | 2.75M | 617.77K |
| Gross Margin | 5.94% | 28.83% | 49.11% | 46.74% | 25.98% | -24.48% |
| Operating Margin | -123.65% | -65.86% | -0.37% | 2.27% | -56.86% | -687.83% |
| Net Margin | -150.24% | 383.46% | 14.52% | 23.18% | -147.46% | -654.21% |
| Return on Equity (ROE) | -27.23% | 83.68% | 8.36% | 22.72% | -167.69% | -198.88% |
| Return on Assets (ROA) | -15.90% | 56.25% | 3.25% | 8.13% | -30.20% | -66.27% |
| Current Ratio | 1.17× | 1.58× | 1.40× | 1.26× | 0.91× | 1.27× |
| Debt-to-Equity | 0.15× | 0.06× | 0.11× | 0.71× | 1.89× | 0.56× |
| Effective Tax Rate | -0.89% | 0.78% | -2.52% | -0.34% | -1.31% | 3.76% |
| Cash Conversion Ratio | 0.62× | -0.02× | -6.87× | -2.43× | 0.65× | 0.14× |
| Accruals Ratio | -0.06× | 0.57× | 0.26× | 0.28× | -0.11× | -0.57× |
| SBC % of Revenue | 0.16% | -11.50% | 2.31% | 1.27% | 1.54% | 9.33% |
| CapEx Coverage | -1209.21× | — | — | -278.34× | — | -169.86× |
| Free Cash Flow Per Share | $-0.91 | — | — | $-0.10 | — | $-0.06 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.25M | 1.92M | 2.99M | — | 2.09M | 1.41M |
| Revenues | — | — | — | 4.74M | 3.59M | — |
| Cost of Goods and Services Sold | 1.17M | 1.36M | 1.52M | — | 1.55M | 1.76M |
| Cost of Revenue | — | — | — | 2.53M | 2.49M | — |
| Gross Profit | 74.05K | 552.39K | 1.47M | 2.22M | 543.77K | -346.36K |
| Research and Development Expense | — | — | — | 161.48K | 123.89K | 7.62K |
| Operating Expenses | 1.61M | 1.81M | 1.48M | 2.11M | 1.73M | 9.38M |
| Operating Income (Loss) | -1.54M | -1.26M | -11.15K | 107.47K | -1.19M | -9.73M |
| Income Tax Expense (Benefit) | 17.47K | -9.99K | 3.37K | -3.56K | 39.61K | -463.63K |
| Net Income (Loss) Attributable to Parent | -1.87M | 7.35M | 434.07K | 1.10M | -3.09M | -9.25M |
| Earnings Per Share, Basic | $-1.49 | $0.32 | $0.02 | $0.05 | $-2.80 | $-0.44 |
| Weighted Average Number of Shares Outstanding, Basic | 1.27M | 23.07M | 23.31M | 22.09M | 1.10M | 20.94M |
| Earnings Per Share, Diluted | $-1.49 | $0.29 | $0.02 | $0.04 | $-2.80 | $-0.44 |
| Weighted Average Number of Shares Outstanding, Diluted | 1.27M | 25.46M | 28.16M | 27.08M | 1.10M | 20.94M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 774.03K | 1.99M | 1.45M | — | — | 1.97M |
| Assets, Current | 6.87M | 8.42M | 12.61M | 8.93M | 6.06M | 9.42M |
| Assets | 11.77M | 13.06M | 13.34M | 13.53M | 10.22M | 13.97M |
| Long-term Debt | 486.59K | 498.97K | 510.91K | 1.49M | 1.55M | 545.09K |
| Liabilities, Current | 5.86M | 5.33M | 9.01M | 7.09M | 6.70M | 7.42M |
| Long-term Debt, Excluding Current Maturities | 434.89K | 448.38K | 461.43K | 1.10M | 1.17M | 498.71K |
| Liabilities | 6.51M | 5.78M | 9.51M | 9.97M | 9.62M | 10.50M |
| Stockholders' Equity Attributable to Parent | 6.87M | 8.78M | 5.19M | 4.84M | 1.84M | 4.65M |
| Common Stock, Shares, Outstanding | 1.29M | 1.27M | 23.31M | 23.31M | 22.08M | 21.94M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | — | — | — | -2.67M | -2.00M | -1.28M |
| Payments to Acquire Property, Plant, and Equipment | 954 | — | — | 1.24K | — | 3.31K |
| Net Cash Provided by (Used in) Investing Activities | — | — | — | 1.09M | 473.06K | 1.03M |
| Payments of Dividends | — | — | — | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | — | — | — | 1.77M | 142.94K | 1.21M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (HTCR CIK 0001892322),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
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statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.