v3.26.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 587,074 $ 1,904,826
Accounts receivable 62,770 22,830
Investments in marketable securities 2,668,317 3,690,187
Prepaid expenses 114,340 127,565
Deferred offering costs 250,000 250,000
Other current assets 113,670 208,503
Current assets of discontinued operations 920,683
Proceeds receivable from sale of discontinued operations 467,970 1,291,298
Total current assets 4,264,141 8,415,892
Non-current assets:    
Property and equipment, net 252,389 275,465
Operating lease right-of-use assets 412,976 17,781
Long-term investment in warrants 121,774 280,924
Deferred tax assets 22,286 23,121
Security deposits 270,525 281,313
Other non-current assets 816 549
Non-current assets of discontinued operations 29,437
Long-term proceeds receivable from sale of discontinued operations 3,520,918 3,736,995
Total non-current assets 4,601,684 4,645,585
Total assets 8,865,825 13,061,477
Current liabilities:    
Accrued payroll and other employee costs 88,057 64,203
Insurance premium financing 66,327 13,430
Operating lease liabilities, current 280,326 17,781
Income tax payables 1,737,804 1,857,386
Deferred revenue 568,773 676,216
Derivative liability 74,461 121,719
Current liabilities of discontinued operations 1,628,586
Total current liabilities 3,660,101 5,330,250
Non-current liabilities:    
Operating lease liabilities, non-current 139,094
Non-current liabilities of discontinued operations 448,376
Total non-current liabilities 139,094 448,376
Total liabilities 3,799,195 5,778,626
Shareholders’ equity:    
Preferred shares, $0.0001 par value, 20,000,000 shares authorized; Series A convertible preferred shares, 4,000 shares designated, 617 and 1,017 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively; aggregate liquidation preference of $748,228 and $1,158,362 as of June 30, 2026 and December 31, 2025, respectively 419,741 691,858
Common shares, $0.0001 par value, 200,000,000 shares authorized, 1,441,565 and 1,270,991 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively [1] 144 127
Additional paid-in capital 22,128,976 21,902,169
Accumulated deficit (17,650,321) (13,755,534)
Accumulated other comprehensive loss (2,702) (58,497)
Total HeartCore Enterprises, Inc. shareholders’ equity 4,895,838 8,780,123
Non-controlling interests 170,792 (1,497,272)
Total shareholders’ equity 5,066,630 7,282,851
Total liabilities and shareholders’ equity 8,865,825 13,061,477
Nonrelated Party [Member]    
Current liabilities:    
Accounts payable and accrued expenses 286,711 299,042
Other current liabilities 523,236 526,984
Related Party [Member]    
Current liabilities:    
Accounts payable and accrued expenses 33,946 124,618
Other current liabilities $ 460 $ 285
[1] On April 2, 2026, the Company effected a 1-for-20 reverse stock split of the Company’s issued and outstanding common shares. References to share and per share information of common shares in the unaudited consolidated financial statements have been retroactively adjusted. See NOTE 10.