Healthcare Integrated Technologies Inc. (HITC) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
1462 RUDDER LANE KNOXVILLE, TN 37919 |
| State of Incorp. | NV |
| Fiscal Year End | July 31 |
| Industry (SIC) | 79 - Amusement And Recreation Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 4/30/2025 MRQ | 1/31/2025 MRQ | 7/31/2024 | 7/31/2023 | 7/31/2022 | 7/31/2021 | 7/31/2020 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 6,206 | 176 | 0 | 1 | 11 | 78 | |||
| Cash and cash equivalent | 6,206 | 176 | 0 | 1 | 11 | 78 | |||
| Restricted cash and investments | 756 | ||||||||
| Receivables | 14 | ||||||||
| Prepaid expense | 33 | 33 | 34 | 37 | 38 | 47 | |||
| Total current assets: | 6,995 | 223 | 35 | 38 | 49 | 125 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 0 | 2 | |||||||
| Intangible assets, net (including goodwill) | 283 | 507 | 869 | 688 | 441 | 34 | |||
| Intangible assets, net (excluding goodwill) | 283 | 507 | 869 | 688 | 441 | 34 | |||
| Total noncurrent assets: | 283 | 507 | 869 | 688 | 441 | 36 | |||
| TOTAL ASSETS: | 7,278 | 729 | 904 | 726 | 490 | 161 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 30 | 17 | 155 | 203 | 192 | 229 | |||
| Interest and dividends payable | ✕ | ✕ | ✕ | ✕ | ✕ | 61 | |||
| Employee-related liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 861 | |||
| Accounts payable | 120 | 130 | |||||||
| Accrued liabilities | 30 | 17 | 155 | ||||||
| Other undisclosed accounts payable and accrued liabilities | 83 | (632) | |||||||
| Debt | 175 | 781 | 555 | 621 | |||||
| Derivative instruments and hedges, liabilities | 76 | 108 | |||||||
| Due to related parties | ✕ | ✕ | ✕ | ✕ | 268 | 252 | |||
| Other undisclosed current liabilities | 1,152 | 1,133 | |||||||
| Total current liabilities: | 30 | 17 | 330 | 1,328 | 2,259 | 1,983 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 225 | 225 | 975 | 21 | |||||
| Long-term debt, excluding current maturities | 225 | 225 | 21 | ||||||
| Other undisclosed long-term debt and lease obligation | 975 | ||||||||
| Total noncurrent liabilities: | 225 | 225 | 975 | 21 | |||||
| Other undisclosed liabilities | 820 | 781 | 1,015 | 851 | |||||
| Total liabilities: | 849 | 1,023 | 1,570 | 3,154 | 2,259 | 2,004 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | 6,428 | (293) | (666) | (2,428) | (1,769) | (1,842) | |||
| Common stock | 150 | 80 | 68 | 42 | 40 | 36 | |||
| Common stock, share subscribed but unissued, subscriptions receivable | (452) | ||||||||
| Common stock, value, subscriptions | 756 | ||||||||
| Additional paid in capital | 23,788 | 15,942 | 14,878 | 11,840 | 11,039 | 9,565 | |||
| Accumulated deficit | (18,265) | (16,315) | (15,612) | (14,310) | (12,949) | (11,444) | |||
| Other undisclosed equity, attributable to parent | 452 | 100 | |||||||
| Total equity: | 6,428 | (293) | (666) | (2,428) | (1,769) | (1,842) | |||
| TOTAL LIABILITIES AND EQUITY: | 7,278 | 729 | 904 | 726 | 490 | 161 | |||
Income Statement (P&L) ($ in thousands)
| 4/30/2025 TTM | 1/31/2025 TTM | 7/31/2024 | 7/31/2023 | 7/31/2022 | 7/31/2021 | 7/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 300 | 322 | ||||||
| Other undisclosed gross profit | (240) | (240) | ||||||
| Gross profit: | 60 | 82 | ||||||
| Operating expenses | (2,605) | (1,066) | (962) | (1,138) | (1,275) | (1,016) | ||
| Operating loss: | (2,545) | (984) | (962) | (1,138) | (1,275) | (1,016) | ||
| Nonoperating income (expense) | 275 | 281 | (341) | (223) | (180) | (41) | ||
| Interest and debt expense | (32) | 280 | (417) | (448) | (228) | (41) | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | 280 | |||||||
| Loss from continuing operations: | (2,021) | (423) | (1,720) | (1,809) | (1,683) | (1,097) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | ✕ | (1,809) | (1,683) | (1,099) | |
| Loss from discontinued operations | (2) | |||||||
| Net loss: | (2,021) | (423) | (1,720) | (1,809) | (1,683) | (1,099) | ||
| Other undisclosed net income (loss) attributable to parent | (248) | (280) | 417 | 448 | 228 | 41 | ||
| Net loss available to common stockholders, diluted: | (2,269) | (702) | (1,302) | (1,361) | (1,455) | (1,058) | ||
Comprehensive Income ($ in thousands)
| 4/30/2025 TTM | 1/31/2025 TTM | 7/31/2024 | 7/31/2023 | 7/31/2022 | 7/31/2021 | 7/31/2020 | ||
|---|---|---|---|---|---|---|---|---|
| Net loss: | (2,021) | (423) | (1,720) | (1,809) | (1,683) | (1,099) | ||
| Comprehensive loss, net of tax, attributable to parent: | (2,021) | (423) | (1,720) | (1,809) | (1,683) | (1,099) | ||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.