Helio Corp /FL/ (HLEO) Form 10-Q — Jun 15, 2026

Helio Corp reported a net loss of $5.4 million for the six months ended April 30, 2026, driven by a 63% year-over-year revenue decline to $953,000 and significant non-cash charges related to debt extinguishment and derivative liabilities. The filing includes explicit going-concern language, stating there is substantial doubt about the company's ability to continue operations for the next twelve months without additional financing. Management disclosed that it is actively negotiating bridge financing and equity investments to sustain operations.

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