Financial Statements — HCWC
Balance Sheet
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q3
2025 | Q2
2025 | Q1
2025 | Q3
2024 |
|---|
| Cash & Equivalents | 0.90 | 2.35 | 3.00 | 4.69 | 1.79 | 1.79 |
| Accounts Receivable | 0.25 | 0.28 | 0.46 | 0.45 | 0.47 | 0.34 |
| Inventory | 4.02 | 5.23 | 6.02 | 6.85 | 7.04 | 6.40 |
| Total Current Assets | 6.95 | 8.81 | 13.16 | 14.50 | 10.92 | 9.01 |
| Property, Plant & Equipment | 1.79 | 1.74 | 1.82 | 1.91 | 1.97 | 2.00 |
| Goodwill | 2.21 | 2.21 | 2.21 | 2.21 | 2.21 | 2.21 |
| Intangible Assets | 3.71 | 4.02 | 4.55 | 4.85 | 5.14 | 5.74 |
| Total Non-current Assets* | 20.79 | 20.89 | 20.57 | 21.90 | 23.17 | 24.17 |
| Total Assets | 27.74 | 29.70 | 33.73 | 36.40 | 34.09 | 33.18 |
| Accounts Payable | 9.05 | 8.45 | 7.81 | 8.46 | 7.97 | 5.04 |
| Total Current Liabilities | 13.58 | 12.95 | 13.45 | 13.23 | 13.35 | 10.33 |
| Long-term Debt | 4.73 | 6.26 | 8.47 | 9.72 | 10.64 | 11.58 |
| Total Non-current Liabilities* | 10.66 | 12.02 | 14.36 | 17.41 | 18.61 | 19.92 |
| Total Liabilities | 24.24 | 24.96 | 27.82 | 30.64 | 31.96 | 30.25 |
| Retained Earnings | (11.41) | (8.34) | (3.01) | (1.78) | (1.44) | (0.18) |
| Total Stockholder Equity | 3.50 | 4.74 | 5.91 | 5.76 | 2.13 | 2.93 |
* Derived from reported values
Income Statement
(in millions USD) (except per-share rows)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 |
|---|
| Total Revenue | 16.61 | 18.25 | 18.71 | 19.04 | 20.20 | 20.26 | 19.65 | 18.23 |
| Cost of Revenue | 10.20 | 11.31 | 11.39 | 11.65 | 12.11 | 12.41 | 11.54 | 11.23 |
| Gross Profit | 6.41 | 6.93 | 7.32 | 7.39 | 8.09 | 7.85 | 8.11 | 7.00 |
| Selling, General & Admin | -- | 8.55 | 8.75 | 8.00 | -- | -- | 8.43 | 7.58 |
| Total Operating Expenses | 9.05 | 8.55 | 8.75 | 8.00 | 8.13 | 8.26 | 8.43 | 7.37 |
| Operating Income | (2.64) | (1.62) | (1.43) | (0.61) | (0.04) | (0.41) | (0.32) | (0.37) |
| Pretax Income | (3.07) | (3.68) | (1.66) | (1.22) | (0.34) | (0.71) | (0.55) | (2.66) |
| Net Income | (3.07) | (3.68) | (1.66) | (1.22) | (0.34) | (0.71) | (0.55) | (2.66) |
| Basic EPS | (0.11) | (0.17) | (1.75) | (0.09) | (0.03) | (0.07) | (1.75) | (0.29) |
| Diluted EPS | (0.11) | (0.17) | (1.75) | (0.09) | (0.03) | (0.07) | (1.75) | (0.29) |
Cash Flow Statement
(in millions USD)| Metric | Q2
2026 | Q1
2026 | Q4
2025 | Q3
2025 | Q2
2025 | Q1
2025 | Q4
2024 | Q3
2024 |
|---|
| Operating Cash Flow | (1.00) | (0.20) | (0.86) | (0.31) | 1.07 | 1.09 | 0.90 | (3.96) |
| Capital Expenditures | 0.15 | 0.07 | 0.07 | 0.04 | 0.08 | 0.13 | 0.11 | 0.15 |
| Free Cash Flow* | (1.15) | (0.27) | (0.93) | (0.35) | 0.99 | 0.97 | 0.79 | (4.11) |
| Investing Cash Flow | (0.17) | (0.18) | (3.89) | (0.04) | (0.08) | (0.13) | (0.11) | (4.87) |
| Financing Cash Flow | (0.29) | (0.29) | 4.76 | (1.34) | 1.91 | (1.23) | (0.52) | 9.20 |
* Derived from reported values
