HTCR · HeartCore Enterprises, Inc.

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.”