0001213900-26-016950
SEC filingHelio Corporation reported a net loss of $4.0 million for fiscal year 2025, driven by an operating loss of $3.7 million. Total revenue was $3.9 million with costs of revenue at $3.0 million, resulting in a gross profit of $923 thousand. The company's operating expenses totaled $4.6 million, primarily consisting of general and administrative expenses of $2.9 million. The balance sheet shows total assets of $1.3 million against total liabilities of $5.4 million, resulting in shareholders' deficit of $4.1 million. Cash flow from operations was negative $2.1 million, while financing activities provided $1.5 million in cash. The company ended the period with $552 thousand in cash. No prior period data is provided for year-over-year comparisons.
Helio Corporation reported a net loss of $4.0 million for fiscal year 2025, with total revenue of $3.9 million. The company generated gross profit of $923 thousand from its revenue, representing a gross margin of 23.7%. Operating expenses totaled $4.6 million, leading to an operating loss of $3.7 million. Other expenses, primarily interest expense of $328 thousand, contributed to the total net loss. The company's basic and diluted net loss per share were both reported as -$0. No prior period financial data is provided in the filing for year-over-year comparison purposes.
The filing reports total revenue of $3.9 million for fiscal year 2025, with costs of revenue totaling $3.0 million. No segment breakdown, geographic mix, or specific revenue drivers are disclosed in the provided data. The XBRL data does not include detailed revenue categories such as service fees, engineering fees, or materials revenue - these are all marked as N/A. The document content similarly lacks any discussion of revenue composition or growth drivers beyond the aggregate total revenue figure.
Helio Corporation achieved a gross margin of 23.7% based on revenue of $3.9 million and gross profit of $923 thousand. Operating expenses of $4.6 million significantly exceeded gross profit, resulting in negative operating margin. The largest components of operating expenses were general and administrative expenses of $2.9 million, facilities expense of $692 thousand, professional fees of $463 thousand, and personnel expenses of $437 thousand. Depreciation expense was $23 thousand and right of use amortization was $74 thousand. No prior period margin data is available for trend analysis.
The company used $2.1 million in cash from operating activities, primarily due to the net loss of $4.0 million offset by non-cash adjustments including stock-based compensation of $431 thousand and depreciation of $23 thousand. Financing activities provided $1.5 million in cash, mainly from proceeds from notes payable ($887 thousand) and related party notes payable ($857 thousand). The balance sheet shows total assets of $1.3 million, including current assets of $599 thousand and non-current assets of $708 thousand. Total liabilities stand at $5.4 million, resulting in shareholders' deficit of $4.1 million. Cash at period end was $552 thousand.
The filing does not contain any forward-looking statements, management guidance, strategic priorities, or specific risk factor discussions in the provided content. No information about future plans, growth initiatives, or market outlook is included in the XBRL data or document text. The analysis is limited to the historical financial results for fiscal year 2025 as presented in the financial statements.