secwatch.observer — SEC 8-K summary
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Issuer:     HeartCore Enterprises, Inc. (HTCR)
CIK:        0001892322
Form:       8-K
Filed at:   2023-08-14T23:59:59+00:00
Accession:  0001493152-23-028045
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

HeartCore Q2 revenue up 91% to $5.1M; net loss narrows to $1.0M, EPS -$0.04
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- Q2 revenue $5.1M (+91% YoY); net loss $1.0M ($0.04 loss per share) vs $1.7M loss YoY.
- Six months revenue $13.8M (+180% YoY); net income $785k ($0.05 EPS) vs $3.3M loss YoY.
- Gross margin fell to 30% in Q2 from 50% a year ago; six-month margin held at 52%.
- Signed tenth Go IPO consulting agreement with rYojbaba Inc.; partnerships with Toppan, INTRIX, Honda Trading.
- Cash and equivalents $4.2M as of June 30, 2023, down from $7.2M at Dec 31, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1892322/000149315223028045/0001493152-23-028045-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1892322/000149315223028045/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-028045

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer