Helio Corp 2025年季度报告

FORM10-Q ☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period endedJuly 31,2025 OR ☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THETRANSITION PERIOD FROM ______ TO ______ Commission file number:000-56744 HELIO CORPORATION(Name of registrant as specified in its charter) 92-0586004 2448 Sixth StreetBerkeley,CA94710(Address of principal executive offices including zip code) (510)545-2666(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act:None Indicate by check mark whether the registrant (1) filed all reports required to be filed by Section 13 or 15(d) of the SecuritiesExchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports),and (2) has been subject to such filing requirements for the past 90 days.Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files).Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reportingcompany or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reportingcompany” and “emerging growth company” in Rule 12b-2 of the Exchange Act (Check one): ☐Accelerated Filer☒Smaller reporting company☒Emerging Growth Company ☐Large accelerated Filer☒Non-accelerated Filer If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☐No☒ As of September 22, 2025, there were11,371,966shares of the registrant’s common stock, no par value per share, outstanding. Table of Contents PART I—FINANCIAL INFORMATION1Item 1. Financial Statements1Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations2Item 3. Quantitative and Qualitative Disclosures About Market Risk13Item 4. Controls and Procedures13PART II—OTHER INFORMATION15Item 1. Legal Proceedings15Item 1A. Risk Factors15Item 2. Unregistered Sales of Equity Securities and Use of Proceeds15Item 4. Mine Safety Disclosures15Item 5. Other Information15Item 6. Exhibits16SIGNATURES17 PART I—FINANCIAL INFORMATION ITEM 1. FINANCIAL STATEMENTS The following unaudited interim condensed consolidated financial statements of Helio Corporation (referred to herein as the“Company,”) are included in this Quarterly Report on Form 10-Q (the “Quarterly Report”). The accompanying unaudited interim condensed consolidated financial statements have been prepared in accordance with accountingprinciples generally accepted in the United States and the rules of the Securities and Exchange Commission (the “SEC”), In theopinion of management, all adjustments, consisting of normal recurring adjustments, necessary for a fair presentation of financialposition and the results of operations for the periods presented have been reflected herein. The results of operations for the periodspresented are not necessarily indicative of the results to be expected for the full year. Helio CorporationFinancial Statements for the Three and Nine Months Ended July 31, 2025Index to the Condensed Consolidated Financial Statements (Unaudited) Page No.Condensed Consolidated Balance Sheets at July 31, 2025 (Unaudited) and October 31, 2024F-2Condensed Consolidated Statements of Operations for the three and nine months ended July 31, 2025 and 2024(Unaudited)F-3Condensed Consolidated Statements of Changes in Shareholders’ Deficit for the three and nine months ended July 31,2025 and 2024 (Unaudited)F-4Condensed Consolidated Statements of Cash Flows for the nine months ended July 31, 2025 and 2024 (Unaudited)F-5Notes to Condensed Consolidated Financial Statements (Unaudited)F-6 HELIO CORPORATIONCONDENSED CONSOLIDATED BALANCE SHEETS July 31,October 31,20252024(unaudited)(audited) Cash$43,933$551,552Accounts receivable, net601,3331,390,202Work in progress168,681343,218Prepaid expenses and other current assets29,928-Total Current Assets843,8752,284,972 Property and equipment, net70,39387,389Security deposits76,65576,655Right-of-use assets, net659,320959,377Total Non-current Assets806,3681,123,421TOTAL ASSETS$1,650,243$3,408,393 HELIO CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (UNAUDITED) HELIO CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ (DEFICIT) EQUITY(UNAUDITED) FOR TH