Nature's Miracle Holding Inc. (NMHI) Form 10-Q — May 27, 2026
Nature’s Miracle Holding Inc. (NMHI) reported a net income of $2.8 million for the three months ended March 31, 2026, but this result was driven almost entirely by a non-recurring $5.1 million gain from a debt settlement with Megaphoton, masking an underlying operating loss of approximately $1.1 million. The company faces severe liquidity constraints, with only $45,695 in cash and a working capital deficit of $17.6 million. Management has disclosed substantial doubt about the company’s ability to continue as a going concern within one year, citing recurring losses and negative operating cash flows of $1.6 million.
Key figures
- Eps
- 0.02
- Revenue
- 41605
- Net Income
- 2845274
- Total Debt
- 29315849
- Cash Position
- 45695
- Eloc Available
- 19700000
- Shares Outstanding
- 606629892
- Gain On Debt Settlement
- 5070520
AI analysis
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