---
schema_version: "secwatch.filing_event.v1"
accession: "0001641172-25-010538"
form_type: "8-K"
ticker: "HTCR"
cik: "0001892322"
company_name: "HeartCore Enterprises, Inc."
filed_at: "2025-05-15T23:59:59+00:00"
generated_at: "2026-05-21T05:51:04.328359+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# HeartCore Q1 revenue falls 28% to $3.6M; net loss widens to $3.1M

## Summary
- Revenue of $3.6M down from $5.0M YoY; on-premise software, Sigmaways, and Go IPO all declined.
- Net loss of $3.1M compared to $1.5M loss a year ago; adjusted EBITDA loss of $1.3M.
- Cash and cash equivalents fell to $0.7M from $2.1M at year-end 2024.
- Strategic partnership with NEC Solutions Innovators to enhance CMS implementation.
- South Korea IPO seminar rescheduled to September 2025 as Go IPO expands beyond Japan.

## SEC filing metadata
- accession: 0001641172-25-010538
- form_type: 8-K
- ticker: HTCR
- cik: 0001892322
- company_name: HeartCore Enterprises, Inc.
- filed_at: 2025-05-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1892322/000164117225010538/0001641172-25-010538-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1892322/000164117225010538/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001641172-25-010538
- JSON: https://secwatch.observer/filing/0001641172-25-010538.json
- Plain text: https://secwatch.observer/filing/0001641172-25-010538.txt

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