Healing Co Inc. (HLCO) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
135 W 50TH STREET, 2ND FLOOR NEW YORK, NY 10020 |
| State of Incorp. | NV |
| Fiscal Year End | June 30 |
| Industry (SIC) | 10 - Metal Mining (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2023 MRQ | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2019 | 6/30/2018 | 6/30/2017 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,500 | 6,242 | 1 | 1 | |||||
| Cash and cash equivalents | 1,500 | 6,242 | 1 | 1 | |||||
| Inventory, net of allowances, customer advances and progress billings | 2,681 | ||||||||
| Inventory | 2,681 | ||||||||
| Prepaid expense | 1,309 | 86 | 0 | ||||||
| Intangible current assets | 11 | ||||||||
| Other current assets | 1,951 | ||||||||
| Other undisclosed current assets | 176 | ||||||||
| Total current assets: | 7,617 | 6,338 | 0 | 1 | 1 | ||||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 37 | ||||||||
| Intangible assets, net (including goodwill) | 5,036 | 32 | |||||||
| Goodwill | 5,036 | ||||||||
| Intangible assets, net (excluding goodwill) | 32 | ||||||||
| Deferred income tax assets | 79 | ✕ | ✕ | ✕ | |||||
| Other undisclosed noncurrent assets | 2 | ||||||||
| Total noncurrent assets: | 5,154 | 32 | |||||||
| Other undisclosed assets | 218 | ||||||||
| TOTAL ASSETS: | 12,771 | 6,588 | 0 | 1 | 1 | ||||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 5,845 | 257 | 79 | 8 | 5 | 9 | |||
| Accounts payable | 4,387 | 8 | 5 | 9 | |||||
| Accrued liabilities | 139 | 4 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 1,319 | 253 | 79 | ||||||
| Debt | 5,014 | 1 | |||||||
| Other liabilities | 893 | 8 | |||||||
| Due to related parties | ✕ | 3 | 204 | 135 | 116 | 97 | |||
| Other undisclosed current liabilities | 2,981 | 203 | |||||||
| Total current liabilities: | 14,733 | 470 | 283 | 143 | 121 | 106 | |||
| Noncurrent Liabilities | |||||||||
| Total liabilities: | 14,733 | 470 | 283 | 143 | 121 | 106 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (1,962) | 6,118 | (283) | (143) | (120) | (105) | |||
| Preferred stock | 3 | 5 | |||||||
| Common stock | 55 | 44 | 44 | 11 | 11 | 11 | |||
| Additional paid in capital | 27,823 | 14,653 | 31 | 31 | 31 | ||||
| Deferred compensation equity | (8,670) | ||||||||
| Accumulated deficit | (29,900) | (8,591) | (327) | (185) | (162) | (147) | |||
| Stockholders' equity note, subscriptions receivable | (10,000) | (10,000) | |||||||
| Other undisclosed equity, attributable to parent | 18,727 | 10,007 | |||||||
| Total equity: | (1,962) | 6,118 | (283) | (143) | (120) | (105) | |||
| TOTAL LIABILITIES AND EQUITY: | 12,771 | 6,588 | 0 | 1 | 1 | ||||
Income Statement (P&L) ($ in thousands)
| 9/30/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2019 | 6/30/2018 | 6/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 8,895 | |||||||
| Revenues, excluding interest and dividends | 8,895 | |||||||
| Other income | 3,240 | |||||||
| Cost of revenue | (6,905) | (8) | ||||||
| Cost of goods and services sold | (342) | (8) | ||||||
| Other cost of operating revenue | (8,895) | |||||||
| Gross profit: | 1,990 | (8) | ||||||
| Operating expenses | (26,228) | (8,262) | (113) | (23) | (16) | (19) | ||
| Operating loss: | (24,238) | (8,270) | (113) | (23) | (16) | (19) | ||
| Nonoperating income | 2 | |||||||
| Gain, foreign currency transaction, before tax | 2 | |||||||
| Interest and debt expense | (669) | (2) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (24,907) | (8,270) | (113) | (23) | (16) | (19) | ||
| Other undisclosed income from continuing operations before income taxes | 669 | 9 | ||||||
| Loss from continuing operations: | (24,238) | (8,262) | (113) | (23) | (16) | (19) | ||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | (8,262) | (113) | (23) | (16) | (19) | |
| Other undisclosed net income | 16,526 | |||||||
| Net income (loss): | (24,238) | 8,264 | (113) | (23) | (16) | (19) | ||
| Other undisclosed net income (loss) attributable to parent | 2,929 | (16,528) | ||||||
| Net loss available to common stockholders, diluted: | (21,309) | (8,264) | (113) | (23) | (16) | (19) | ||
Comprehensive Income ($ in thousands)
| 9/30/2023 TTM | 6/30/2023 | 6/30/2022 | 6/30/2021 | 6/30/2019 | 6/30/2018 | 6/30/2017 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (24,238) | 8,264 | (113) | (23) | (16) | (19) | ||
| Other comprehensive income (loss) | 3 | (7) | ||||||
| Comprehensive income (loss): | (24,235) | 8,258 | (113) | (23) | (16) | (19) | ||
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | 2,983 | (16,515) | ||||||
| Comprehensive loss, net of tax, attributable to parent: | (21,252) | (8,258) | (113) | (23) | (16) | (19) | ||
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.