All individual numbers are from the SEC provided Financial Statement and Notes Data Sets. No guarantee is made for their accuracy. This report only shows the values that are common to a significant number of companies.
HEART TEST LABORATORIES, INC. Last Reported: 5/31/2024 Stock Symbol: HSCS

Business Address

550 RESERVE ST, SUITE 360

SOUTHLAKE , TX US 76092

Mailing Address

550 RESERVE ST, SUITE 360

SOUTHLAKE , TX US 76092
Phone Number: 682-237-7781 / State Incorporated: TX / Fiscal Year End 4 /30

Balance Sheet

Date 1/31/2024 10/31/2023 4/30/2023 1/31/2023 10/31/2022 7/31/2022 5/31/2022 4/30/2022 1/31/2022 10/31/2021 7/31/2021 4/30/2021
Cash and Cash Equivalents $7,076,497.00 $100,144.00 $1,660,467.00 $1,930,952.00 $3,075,966.00 $4,272,499.00 -- $918,260.00 -- -- -- --
Accounts Receivable Net Current $14,700.00 $3,900.00 -- -- -- -- -- $2,321.00 -- -- -- --
Inventory $670,278.00 $674,839.00 $676,359.00 $676,909.00 $677,669.00 $677,669.00 -- $674,139.00 -- -- -- --
Prepaid Expenses and Other Current Assets -- -- -- -- -- -- -- -- -- -- -- --
Total Current Assets $8,690,750.00 $1,812,231.00 $2,696,581.00 $2,870,435.00 $4,127,019.00 $5,436,466.00 -- $1,930,877.00 -- -- -- --
Property Plant and Equipement $58,393.00 $53,316.00 $61,428.00 $60,661.00 $64,057.00 $70,870.00 -- $70,035.00 -- -- -- --
Intangible Assets Net -- -- -- -- -- -- -- -- -- -- -- --
Goodwill -- -- -- -- -- -- -- -- -- -- -- --
Other Assets -- -- -- -- -- -- -- -- -- -- -- --
Total Assets $10,800,704.00 $2,368,378.00 $3,287,233.00 $3,480,323.00 $4,770,725.00 $5,567,259.00 -- $2,089,447.00 -- -- -- --
Accounts Payable $415,076.00 $1,088,297.00 $631,369.00 $1,040,687.00 $795,266.00 $455,744.00 -- $694,745.00 -- -- -- --
Accrued Liabilities $584,427.00 $772,670.00 $623,391.00 $644,610.00 $890,654.00 $505,547.00 -- $1,053,636.00 -- -- -- --
Total Current Liabilities $2,166,868.00 $4,018,060.00 $3,056,676.00 $3,738,235.00 $3,688,049.00 $2,679,990.00 -- $8,145,244.00 -- -- -- --
Long Term Debt -- -- -- -- -- -- -- -- -- -- -- --
Additional Paid-in Capital -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Other Comprehensive Loss -- -- -- -- -- -- -- -- -- -- -- --
Accumulated Deficit $-65,500,000.00 $-63,900,000.00 $-60,800,000.00 $-59,100,000.00 $-57,800,000.00 $-56,000,000.00 -- $-54,402,908.00 -- -- -- --
Total Stockholders' Equity $8,633,836.00 $-1,649,682.00 $230,557.00 $-257,912.00 $1,082,676.00 $2,887,269.00 -- $-6,100,000.00 $-4,101,797.00 $-3,442,185.00 $-1,906,398.00 $-1,909,590.00
Controlling Interest in Subsidiaries -- -- -- -- -- -- -- -- -- -- -- --
Total Liabilities and Equity $10,800,704.00 $2,368,378.00 $3,287,233.00 $3,480,323.00 $4,770,725.00 $5,567,259.00 -- $2,089,447.00 -- -- -- --

Statement of Operations

Date 1/31/2024 10/31/2023 4/30/2023 1/31/2023 10/31/2022 7/31/2022 5/31/2022 4/30/2022 1/31/2022 10/31/2021 7/31/2021 4/30/2021
Total Revenues -- -- -- -- -- -- -- -- -- -- -- --
Cost of Revenues $6,081.00 $1,520.00 $2,796.00 $2,796.00 $2,036.00 $2,036.00 -- -- $6,610.00 $5,756.00 $5,756.00 --
Gross Profit $12,519.00 $2,380.00 $2,354.00 $2,354.00 $1,164.00 $1,164.00 -- -- $3,614.00 $1,728.00 $1,728.00 --
Research and Development $1,832,442.00 $1,322,935.00 $2,460,868.00 $1,926,432.00 $1,283,174.00 $434,198.00 -- -- $1,645,902.00 $946,887.00 $401,114.00 --
Selling, General, and Administrative $2,606,057.00 $1,580,043.00 $3,654,450.00 $2,590,227.00 $925,929.00 $997,063.00 -- -- $1,089,301.00 $411,083.00 $275,060.00 --
Total Operating Expenses $4,438,499.00 $2,902,978.00 $6,115,318.00 $4,516,659.00 $3,206,166.00 $1,431,261.00 -- -- $2,735,203.00 $1,633,030.00 $676,174.00 --
Loss from Operations $-4,425,980.00 $-2,900,598.00 $-6,112,964.00 $-4,514,305.00 $-3,205,002.00 $-1,430,097.00 -- -- $-2,731,589.00 $-956,856.00 $-674,446.00 --
Loss Before Income Taxes -- -- -- -- -- -- -- -- -- -- -- --
Earnings Per Share Basic $-0.19 $-0.29 $-0.80 $-0.64 $-0.22 $-0.28 -- -- $-0.84 $-0.31 $-0.15 --
Weighted Average Shares Basic 25,201,024 10,658,151 7,950,550 7,371,764 8,210,497 5,645,230 -- -- 3,317,208 3,313,841 3,313,841 --
Earnings Per Share Diluted $-0.19 $-0.29 $-0.80 $-0.64 $-0.49 $-0.28 -- -- $-0.84 $-0.46 $-0.15 --
Weighted Average Shares Diluted 25,201,024 10,658,151 7,950,550 7,371,764 6,934,872 5,645,230 -- -- 3,317,208 3,313,841 3,313,841 --
Common Stock Shares Authorized 500,000,000 500,000,000 500,000,000 500,000,000 500,000,000 500,000,000 -- 500,000,000 -- -- -- --
Common Stock Shares Outstanding 63,611,630 11,213,438 10,118,440 8,349,859 8,210,503 8,174,375 -- 3,323,942 -- -- -- --
Common Stock Value $63,611.00 $11,213.00 $10,118.00 $8,349.00 $8,210.00 $8,173.00 -- $3,323.00 -- -- -- --
Common Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -- -- -- --
Payments Of Dividends Common Stock -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Shares Authorized 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 20,000,000 -- -- -- -- -- --
Preferred Stock Shares Outstanding -- -- -- -- -- -- -- -- -- -- -- --
Preferred Stock Value -- -- $381.00 -- -- -- -- -- -- -- -- --
Preferred Stock Par Or Stated Value Per Share $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 -- -- -- -- -- --
Share Price -- -- -- -- -- -- -- -- -- -- -- --
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