---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-26-023376"
form_type: "8-K"
ticker: "HTCR"
cik: "0001892322"
company_name: "HeartCore Enterprises, Inc."
filed_at: "2026-05-15T12:30:19+00:00"
generated_at: "2026-05-15T12:35:45.473812+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# HeartCore Q1 revenue down 43% to $1.2M; net loss narrows to $2.0M

## Summary
- Revenue of $1.2M, down 43% YoY from $2.1M due to decline in software development and services.
- Gross profit $74K vs $0.5M YoY; impacted by higher outsourcing costs and lower Go IPO consulting margins.
- Net loss of $2.0M improved from $3.1M loss YoY; adjusted EBITDA loss of $1.6M vs $1.3M.
- Cash and equivalents $0.8M as of Mar 31; company engaged with 16 Go IPO clients.
- Board authorized $2.0M share repurchase program; regained Nasdaq $1.00 minimum bid compliance.

## SEC filing metadata
- accession: 0001493152-26-023376
- form_type: 8-K
- ticker: HTCR
- cik: 0001892322
- company_name: HeartCore Enterprises, Inc.
- filed_at: 2026-05-15T12:30:19+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892322/000149315226023376/0001493152-26-023376-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892322/000149315226023376/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-26-023376
- JSON: https://secwatch.observer/filing/0001493152-26-023376.json
- Plain text: https://secwatch.observer/filing/0001493152-26-023376.txt

## Key facts
- Earnings Releases
  HeartCore Enterprises, Inc. reported first quarter ended March 31, 2026 results: revenue $1.2 million, net income $2.0 million.
  - Period: first quarter ended March 31, 2026
  - Revenue: $1.2 million
  - Net income: $2.0 million
  - Result: reported results
  source text: Revenues were $1.2 million compared to $2.1 million in the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1892322/000149315226023376/0001493152-26-023376-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.