v3.26.1
Condensed Consolidated Balance Sheets - USD ($)
Dec. 31, 2025
Jun. 30, 2025
Cash $ 688,112 $ 152,051
Accounts receivable, net 34,973,991 23,466,286
Prepaid expenses and other receivables 198,001 137,669
Total current assets 35,983,323 23,766,378
Long-term investment 2,461 29,643
Intangible assets, net 16,061,400 12,680,011
Right-of-use assets, net 1,369,361 705,522
Total non-current assets 17,433,222 13,415,176
Total assets 53,416,545 37,181,554
Accounts payable 17,854,472 3,478,345
Income tax payable 1,319,771 1,321,935
Warrant liabilities 3,293,291 4,683,834
Loans due to third parties 1,625,000 1,625,000
Accrued expenses and other liabilities 6,795,069 4,639,213
Lease liabilities 346,983 134,331
Deferred tax liabilities 145,404 548,889
Total current liabilities 34,358,203 19,091,103
Lease liabilities 1,097,230 625,080
Total non-current liability 1,097,230 625,080
Total liabilities 35,455,433 19,716,183
Commitments and contingencies
Ordinary shares (US$0.0001 par value per share; 500,000,000 authorized as of December 31, 2025 and June 30, 2025; 37,430,968 issued and outstanding as of December 31, 2025 and June 30, 2025) [1] 3,743 3,743
Additional paid-in capital [1] 4,222,290 2,562,548
Accumulated other comprehensive income/(loss) 16,173 (5,132)
Retained earnings 13,232,505 14,904,212
Total HPAI’s Shareholders’ equity 17,474,711 17,465,371
Non-controlling interest 486,401
Total shareholders’ equity 17,961,112 17,465,371
Total liabilities and shareholders’ equity 53,416,545 37,181,554
Related Party    
Amount due from a related party 123,219 10,372
Amount due to related parties $ 2,978,213 $ 2,659,556
[1] Par value of ordinary shares, additional paid-in capital, and share data have been retroactively restated to give effect to the reverse recapitalization that is discussed in Note 1.