v3.26.1
Prepaid Expenses and Other Current Assets
6 Months Ended
Jun. 30, 2026
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
Prepaid Expenses and Other Current Assets

NOTE 4 - Prepaid Expenses and Other Current Assets

 

Prepaid expenses and other current assets were comprised of the following as of June 30, 2026 and December 31, 2025, respectively:

 

   June 30, 2026   December 31, 2025 
         
Advance to suppliers  $372,415   $193,115 
Prepaid expenses-insurance   22,500    45,000 
Prepaid expenses-other   122,504    79,880 
Lease refundable deposit   84,698    59,780 
Tax receivable   528,554    223,030 
Other current assets   12,474    18,456 
Total  $1,143,145   $619,261 

 

As of June 30, 2026 and December 31, 2025, there was a tax receivable of $528,554 and $223,030, respectively, due to income taxes prepaid by the Company.

 

 

HOUR LOOP, INC.

NOTES TO UNAUDITED CONSOLIDATED FINANCIAL STATEMENTS