2024 Q2 Form 10-K Financial Statement

#000147793224002218 Filed on April 17, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2023 Q4 2023
Revenue $0.00 $0.00 $0.00
YoY Change
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $70.75K $182.3K $1.169M
YoY Change -76.42% -27.47% -3.11%
Operating Profit -$70.75K -$1.169M
YoY Change -76.48% -3.11%
Interest Expense $76.21K $4.384M $4.735M
YoY Change -96.42% 138.62% 52.12%
% of Operating Profit
Other Income/Expense, Net $216.4K -$3.898M $5.497M
YoY Change -94.19% -354.2% -60.74%
Pretax Income $145.7K $303.8K $4.328M
YoY Change -95.74% -90.26% -66.17%
Income Tax
% Of Pretax Income
Net Earnings $145.7K $303.8K $4.328M
YoY Change -95.74% -90.26% -66.17%
Net Earnings / Revenue
Basic Earnings Per Share
Diluted Earnings Per Share $0.02 $0.05 $0.72
COMMON SHARES
Basic Shares Outstanding 5.391M shares 591.9K shares
Diluted Shares Outstanding

Balance Sheet

Concept 2024 Q2 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $210.00 $210.00 $210.00
YoY Change -99.95% -99.95%
Cash & Equivalents $211.00 $212.00
Short-Term Investments
Other Short-Term Assets $40.50K $0.00 $0.00
YoY Change -100.0% -100.0%
Inventory
Prepaid Expenses $40.50K $0.00
Receivables
Other Receivables
Total Short-Term Assets $40.71K $212.00 $210.00
YoY Change 9.1% -99.97% -99.97%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $6.750M $6.589M $6.589M
YoY Change -63.71% -97.05% -97.05%
Other Assets
YoY Change
Total Long-Term Assets $6.750M $6.589M $6.589M
YoY Change -63.72% -97.05% -97.05%
TOTAL ASSETS
Total Short-Term Assets $40.71K $212.00 $210.00
Total Long-Term Assets $6.750M $6.589M $6.589M
Total Assets $6.791M $6.589M $6.589M
YoY Change -63.57% -97.05% -97.05%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $235.6K $241.1K $241.1K
YoY Change 345.37% 741.26% 741.1%
Deferred Revenue
YoY Change
Short-Term Debt $216.5K $216.5K $216.5K
YoY Change 116.45%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $792.0K $593.3K $593.3K
YoY Change 616.34% 280.9% 280.91%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $876.3K $552.0K $552.0K
YoY Change -53.88% -93.99% -93.99%
Total Long-Term Liabilities $876.3K $552.0K $552.0K
YoY Change -53.88% -93.99% -93.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $792.0K $593.3K $593.3K
Total Long-Term Liabilities $876.3K $552.0K $552.0K
Total Liabilities $1.668M $1.145M $1.145M
YoY Change -17.71% -87.73% -87.73%
SHAREHOLDERS EQUITY
Retained Earnings -$1.991M -$1.670M
YoY Change -19.23% -80.83%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$1.628M -$1.145M $5.444M
YoY Change
Total Liabilities & Shareholders Equity $6.791M $6.589M $6.589M
YoY Change -63.57% -97.05% -97.05%

Cashflow Statement

Concept 2024 Q2 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $145.7K $303.8K $4.328M
YoY Change -95.74% -90.26% -66.17%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $0.00 -$1.060K -$401.1K
YoY Change -100.0% -98.34% -78.34%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 0.000 $0.00
YoY Change -100.0%
NET CHANGE
Cash From Operating Activities 0.000 -1.060K -$401.1K
Cash From Investing Activities
Cash From Financing Activities 0.000 $0.00
Net Change In Cash 0.000 -1.060K -$401.1K
YoY Change -100.0% -98.34% -80.89%
FREE CASH FLOW
Cash From Operating Activities $0.00 -$1.060K -$401.1K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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<p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">The preparation of financial statement in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statement and the reported amounts of revenues and expenses during the reporting period.</p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;"> </p><p style="FONT-SIZE: 10pt; FONT-FAMILY: times new roman; MARGIN: 0px; text-align:justify;">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the financial statement, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ significantly from those estimates.</p>
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PreferredStockSharesAuthorized
5000000 shares
CY2023Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
21906161 shares
CY2023Q4 haia Dissolution Expense
DissolutionExpense
100000 usd
CY2023Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.0001
CY2023Q4 haia Percentage Of Gross Proceeds On Equity Proceeds
PercentageOfGrossProceedsOnEquityProceeds
0.60 pure
CY2023Q4 haia Class Of Warrant Or Right Adjustment Of Exercise Price Of Warrants Or Rights Percent Based On Market Value And Newly Issued Price
ClassOfWarrantOrRightAdjustmentOfExercisePriceOfWarrantsOrRightsPercentBasedOnMarketValueAndNewlyIssuedPrice
1.15 pure
CY2023Q4 haia Class Of Warrant Or Right Adjustment Of Redemption Price Of Warrants Or Rights Percent Based On Market Value And Newly Issued Price One
ClassOfWarrantOrRightAdjustmentOfRedemptionPriceOfWarrantsOrRightsPercentBasedOnMarketValueAndNewlyIssuedPriceOne
1.80 pure

Files In Submission

Name View Source Status
0001477932-24-002218-index-headers.html Edgar Link pending
0001477932-24-002218-index.html Edgar Link pending
0001477932-24-002218.txt Edgar Link pending
0001477932-24-002218-xbrl.zip Edgar Link pending
Financial_Report.xlsx Edgar Link pending
haia-20231231.xsd Edgar Link pending
haia_10k.htm Edgar Link pending
haia_ex311.htm Edgar Link pending
haia_ex312.htm Edgar Link pending
haia_ex321.htm Edgar Link pending
haia_ex322.htm Edgar Link pending
haia_ex971.htm Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
haia_10k_htm.xml Edgar Link completed
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report.css Edgar Link pending
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haia-20231231_cal.xml Edgar Link unprocessable
haia-20231231_lab.xml Edgar Link unprocessable
haia-20231231_def.xml Edgar Link unprocessable
haia-20231231_pre.xml Edgar Link unprocessable