HTCR · HeartCore Enterprises, Inc.
$2.18
-0.07 (-3.29%)
At close · Jul 24
Going-concern doubt
— flagged May 15, 2026
Substantial doubt about the company's ability to continue as a going concern.
“For the three months ended March 31, 2026, the Company incurred net loss from continuing operations of $2.0 million and net cash flows used in operating activities of continuing operations of $1.2 million, primarily due to the macroeconomic downturn environment. As of March 31, 2026, the Company had cash and cash equivalents of $0.8 million, working capital of $1.0 million and accumulated deficit of $15.6 million. These conditions raise substantial doubt about the Company’s ability to continue as a going concern.”View the 10-Q filed May 15, 2026
Market Cap
$3.14M
Shares
1.44M
Named-executive compensation from the company's DEF 14A proxy statements — salary, bonus, stock and option awards, non-equity incentive, and the company-reported total per executive per fiscal year, exactly as disclosed in the Summary Compensation Table.
Fiscal 2024
| Executive | Role | Total |
|---|---|---|
| Sumitaka Yamamoto | CEO | $540,631 |
| Prakash Sadasivam | Chief Strategy Officer | $286,833 |
| Kimio Hosaka | COO | $146,030 |
Fiscal 2023
| Executive | Role | Total |
|---|---|---|
| Sumitaka Yamamoto | CEO | $525,102 |
| Prakash Sadasivam | Chief Strategy Officer | $316,000 |
| Kimio Hosaka | COO | $159,102 |
| Keisuke Kuno | CX DIV. Vice President | $145,831 |
Fiscal 2022
| Executive | Role | Total |
|---|---|---|
| Sumitaka Yamamoto | CEO | $647,193 |
| Keisuke Kuno | CX DIV. Vice President | $103,535 |
| Kimio Hosaka | COO | $91,969 |
| Prakash Sadasivam | Chief Strategy Officer | — |