Is Helium Evolution Incorporated (HEEVF) a Buy, Sell, or Hold?
OTC : HEEVF
Helium Evolution Incorporated
$0.1538 USD
$0.02 (18.31%)
- Volume
- 1.6K
- Average Volume
- 11K
- Market Capitalization
- $15.39M
- P/E Ratio
- -6.89
- Dividend Yield
- 0.00%
- Price Target
- Year High
- $0.55
- Year Low
- $0.05
- Day High
- —
- Day Low
- —
- Payout Ratio
- $0.00
- Current Ratio
- $3.60
HEEVF Financial Statements
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| revenue | 171.86K | - | - | - | - | - |
| costOfRevenue | 2.45M | 22000 | 45000 | 51000 | 10000 | - |
| grossProfit | -2.27M | -22000 | -45000 | -51000 | -10000 | - |
| researchAndDevelopmentExpenses | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 1.29M | 850K | 1.08M | 1.74M | 169.38K | 140.49K |
| sellingAndMarketingExpenses | - | 704K | 2.1M | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 1.29M | 1.55M | 3.18M | 1.74M | 169.38K | 140.49K |
| otherExpenses | - | - | - | - | 347.68K | - |
| operatingExpenses | 1.29M | 1.55M | 3.18M | 6.22M | 169.38K | 140.49K |
| costAndExpenses | 3.73M | 1.55M | 3.18M | 6.27M | 169.38K | 140.49K |
| netInterestIncome | -999 | 220K | 389 | 114.34K | -7897 | -25885 |
| interestIncome | - | 220K | 389 | - | - | 712 |
| interestExpense | 999.19 | - | - | - | 7897 | 26597 |
| depreciationAndAmortization | 62947 | 22000 | 45000 | 51000 | 10 | 206.3K |
| ebitda | -3.5M | -1.55M | -3.18M | -6.22M | -1.4M | -139.78K |
| ebit | -3.56M | -1.58M | -3.22M | -6.27M | -1.41M | -323.98K |
| nonOperatingIncomeExcludingInterest | - | 22000 | - | 51000 | 10000 | -22097 |
| operatingIncome | -3.56M | -1.55M | -3.22M | -5.03M | 178.3K | -139.78K |
| totalOtherIncomeExpensesNet | -165.86K | 163K | 268K | -1.14M | -11000 | 175.2K |
| incomeBeforeTax | -3.73M | -1.39M | -2.95M | -7.36M | 170.4K | -170.87K |
| incomeTaxExpense | - | - | - | - | 345.58K | - |
| netIncomeFromContinuingOperations | -3.73M | -1.39M | -2.95M | -7.36M | -1.41M | -170.87K |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - |
| netIncome | -3.73M | -1.39M | -2.95M | -7.36M | 170.4K | -170.87K |
| netIncomeDeductions | - | - | - | - | - | - |
| bottomLineNetIncome | -3.73M | -1.39M | -2.95M | -7.36M | -1.41M | -170.87K |
| eps | -0.03 | -0.01 | -0.03 | -0.09 | 0.0 | -0.01 |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 2.76M | 3.83M | 6.33M | 9.13M | 229 | 830 |
| shortTermInvestments | 4.12M | - | - | - | - | - |
| cashAndShortTermInvestments | 6.88M | 3.83M | 6.33M | 9.13M | 229 | 830 |
| netReceivables | 135.89K | 57000 | 76000 | 263K | 46000 | 11317 |
| accountsReceivables | 136K | 57000 | 76000 | 263K | 46000 | 11317 |
| otherReceivables | - | - | - | - | - | - |
| inventory | - | - | - | 36000 | -12346 | - |
| prepaids | 120K | 34000 | 66000 | 36000 | 507K | - |
| otherCurrentAssets | 336.63K | - | 66000 | - | 12.3M | - |
| totalCurrentAssets | 7.47M | 3.92M | 6.47M | 10.42M | 6301 | 12147 |
| propertyPlantEquipmentNet | 4.82M | 6.26M | 4.38M | 2.6M | 642K | - |
| goodwill | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | 207.45K |
| taxAssets | - | - | - | - | - | - |
| otherNonCurrentAssets | 8.46M | 422K | 783K | - | - | - |
| totalNonCurrentAssets | 13.29M | 6.68M | 5.17M | 2.6M | 642K | 207.45K |
| otherAssets | - | - | - | - | -642K | - |
| totalAssets | 20.76M | 10.6M | 11.64M | 13.02M | 6301 | 219.6K |
| totalPayables | 1.22M | 734K | 708K | 163K | 197K | 238.44K |
| accountPayables | 1.22M | 734K | 708K | 163K | 197K | 238.44K |
| otherPayables | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - |
| shortTermDebt | - | - | - | - | - | 256.41K |
| capitalLeaseObligationsCurrent | 23000 | 20000 | 21000 | 20000 | 16000 | - |
| taxPayables | - | - | - | - | - | - |
| deferredRevenue | - | - | - | -20 | - | - |
| otherCurrentLiabilities | -1017 | - | - | - | 12.3M | - |
| totalCurrentLiabilities | 1.25M | 754K | 729K | 183K | 111.15K | 494.85K |
| longTermDebt | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 12989 | 2000 | 22000 | 9000 | 17000 | - |
| deferredRevenueNonCurrent | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 477.61K | 150K | 121K | 34000 | - | - |
| totalNonCurrentLiabilities | 490.6K | 152K | 143K | 43000 | 17000 | - |
| otherLiabilities | - | - | - | - | -17000 | - |
| capitalLeaseObligations | 35989 | 22000 | 43000 | 29000 | 33000 | - |
| totalLiabilities | 1.74M | 906K | 872K | 226K | 111.15K | 494.85K |
| treasuryStock | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - |
| commonStock | 31.55M | 19.22M | 19.22M | 19.22M | 33333 | 124.65K |
| retainedEarnings | -16.83M | -13.12M | -11.73M | -8.78M | -144.87K | -406.6K |
| additionalPaidInCapital | 3.69M | 3.6M | 2.41M | 930K | 81000 | - |
| date | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 |
|---|---|---|---|---|---|---|
| netIncome | -3.73M | -1.39M | -2.95M | -7.36M | 170.4K | -170.87K |
| depreciationAndAmortization | 62947 | - | - | 51 | 10 | - |
| deferredIncomeTax | - | - | - | -51 | -10 | - |
| stockBasedCompensation | 81000 | 219K | 625K | 526K | 52000 | - |
| changeInWorkingCapital | -103.91K | -104K | 340K | -285K | 144.97K | 138.22K |
| accountsReceivables | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - |
| otherWorkingCapital | -103.91K | -104K | 340K | -285K | 144.97K | - |
| otherNonCashItems | 2.45M | 547K | 1.64M | 5.68M | -391.78K | 30385 |
| netCashProvidedByOperatingActivities | -1.23M | -729K | -346K | -1.44M | -24414 | -2265 |
| investmentsInPropertyPlantAndEquipment | -8.3M | -1.93M | -2.88M | -7.12M | -599K | - |
| acquisitionsNet | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - |
| otherInvestingActivities | -262.79K | 193K | 451K | 37000 | -2000 | - |
| netCashProvidedByInvestingActivities | -8.56M | -1.74M | -2.43M | -7.08M | -601K | - |
| netDebtIssuance | 8.29M | -19000 | -20000 | -19000 | 1.27M | - |
| longTermNetDebtIssuance | 8.28M | -19000 | -20000 | -19000 | 1.27M | - |
| shortTermNetDebtIssuance | 8.29M | - | - | - | - | - |
| netStockIssuance | 4.56M | - | - | 17.64M | - | - |
| netCommonStockIssuance | 4.56M | - | - | 17.64M | - | - |
| commonStockIssuance | 4.56M | - | - | 17.64M | - | - |
| commonStockRepurchased | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - |
| otherFinancingActivities | -6994 | -12000 | - | -142K | -1.25M | - |
| netCashProvidedByFinancingActivities | 12.85M | -31000 | -20000 | 17.48M | 23813 | - |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| revenue | - | 171.86K | - | - | - | - | - | - | - | - |
| costOfRevenue | 45115 | 847.31K | 5026 | 6000 | 5000 | 5000 | 6000 | 5000 | 6000 | 6000 |
| grossProfit | -45115 | -675.45K | -5026 | -6000 | -5000 | -5000 | -6000 | -5000 | -6000 | -6000 |
| researchAndDevelopmentExpenses | - | - | - | - | - | - | - | - | - | - |
| generalAndAdministrativeExpenses | 371K | 405K | 474K | 194K | 215K | 260K | 218K | 305K | 286K | 603K |
| sellingAndMarketingExpenses | - | - | - | - | - | - | - | - | - | - |
| sellingGeneralAndAdministrativeExpenses | 371K | 404.67K | 474K | 194K | 215K | 260K | 218K | 305K | 286K | 603K |
| otherExpenses | 38053 | - | 645.36K | 19000 | 474K | 451K | 10000 | - | - | - |
| operatingExpenses | 409.05K | 404.67K | 1.12M | 213K | 689K | 711K | 228K | 310K | 305K | 1.68M |
| costAndExpenses | 454.17K | 1.25M | 1.12M | 219K | 694K | 716K | 234K | 310K | 311K | 1.68M |
| netInterestIncome | 21053 | -7993 | -27284 | 25000 | 19000 | 38000 | 49000 | 61000 | 72000 | 87000 |
| interestIncome | 21053 | - | - | 25000 | 19000 | 38000 | 49000 | 61000 | 72000 | - |
| interestExpense | - | 7993 | 27284 | - | - | - | - | - | - | - |
| depreciationAndAmortization | 45115 | 41965 | 5026 | 6000 | 5000 | 5000 | 6000 | 5000 | 43276 | 6 |
| ebitda | -409.05K | -1.04M | -1.23M | -213K | -689K | -711K | -228K | -310K | -305K | -1.68M |
| ebit | -454.17K | -1.08M | -1.24M | -219K | -694K | -716K | -234K | -315K | -311K | -1.68M |
| nonOperatingIncomeExcludingInterest | - | - | 114.88K | - | - | - | - | 5000 | 6000 | 6000 |
| operatingIncome | -454.17K | -1.08M | -1.12M | -219K | -694K | -716K | -234K | -310K | -311K | -1685 |
| totalOtherIncomeExpensesNet | 19048 | -12988 | -142.16K | 23000 | 19000 | 3000 | 49000 | 56000 | 66000 | -40000 |
| incomeBeforeTax | -435.12K | -1.09M | -1.27M | -196K | -675K | -713K | -185K | -254K | -239K | -1.72M |
| incomeTaxExpense | - | - | - | - | - | - | - | - | - | - |
| netIncomeFromContinuingOperations | -435.12K | -1.09M | -1.27M | -196K | -675K | -713K | -185K | -254K | -239K | -1.72M |
| netIncomeFromDiscontinuedOperations | - | - | - | - | - | - | - | - | - | - |
| otherAdjustmentsToNetIncome | - | - | - | - | - | - | - | - | - | - |
| netIncome | -435.12K | -1.09M | -1.27M | -196K | -675K | -713K | -185K | -254K | -239K | -1.72M |
| netIncomeDeductions | - | - | - | - | - | - | - | - | - | - |
| bottomLineNetIncome | -435.12K | -1.09M | -1.27M | -196K | -675K | -713K | -185K | -254K | -239K | -1.72M |
| eps | -0.0 | -0.01 | -0.01 | -0.0 | -0.01 | -0.01 | -0.0 | -0.0 | -0.0 | -17.9 |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| cashAndCashEquivalents | 57146 | 2.76M | 4.72M | 1.32M | 3M | 3.83M | 4.43M | 4.77M | 5.3M | 6.33M |
| shortTermInvestments | 3.07M | 4.12M | 4.63M | - | - | - | - | 95000 | - | - |
| cashAndShortTermInvestments | 3.13M | 6.88M | 8.58M | 1.32M | 3M | 3.83M | 4.43M | 4.86M | 5.3M | 6.33M |
| netReceivables | 70180 | 135.89K | 69000 | 76000 | 57000 | 57000 | 66000 | 65000 | 76000 | 76000 |
| accountsReceivables | 70000 | 136K | 69000 | 76000 | 57000 | 57000 | 66000 | 65000 | 76000 | 76000 |
| otherReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | 43000 | - |
| prepaids | 187K | 120K | 95000 | 107K | 196K | 34000 | 50000 | 95000 | 119K | - |
| otherCurrentAssets | 682.24K | 456.63K | -12129 | - | - | - | - | 65000 | - | 66000 |
| totalCurrentAssets | 4.07M | 7.47M | 8.73M | 1.51M | 3.26M | 3.92M | 4.55M | 4.93M | 5.5M | 6.47M |
| propertyPlantEquipmentNet | 4.79M | 4.82M | 13.12M | 12.48M | 8.32M | 6.26M | 5.48M | 5.15M | 5.01M | 4.38M |
| goodwill | - | - | - | - | - | - | - | - | - | - |
| intangibleAssets | - | - | - | - | - | - | - | - | - | - |
| goodwillAndIntangibleAssets | - | - | - | - | - | - | - | - | - | - |
| longTermInvestments | - | - | - | - | - | - | - | - | - | - |
| taxAssets | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentAssets | 11.49M | 8.46M | 104K | 104K | 104K | 422K | 783K | 783K | 783K | 783K |
| totalNonCurrentAssets | 16.27M | 13.29M | 13.22M | 12.58M | 8.43M | 6.68M | 6.27M | 5.94M | 5.79M | 5.17M |
| otherAssets | - | - | - | - | - | - | - | - | - | - |
| totalAssets | 20.35M | 20.76M | 21.95M | 14.09M | 11.68M | 10.6M | 10.82M | 10.86M | 11.29M | 11.64M |
| totalPayables | 1.11M | 1.22M | 1.36M | 378K | 1.27M | 734K | 297K | 198K | 487K | 708K |
| accountPayables | 1.11M | 1.22M | 1.36M | 378K | 1.27M | 734K | 297K | 198K | 487K | 708K |
| otherPayables | - | - | - | - | - | - | - | - | - | - |
| accruedExpenses | - | - | - | - | - | - | - | - | - | - |
| shortTermDebt | 18045 | 22980 | 8.36M | 17628 | - | - | - | - | - | - |
| capitalLeaseObligationsCurrent | 18000 | 23000 | 23000 | 24000 | 20000 | 20000 | 20000 | 20000 | 20000 | 21000 |
| taxPayables | - | - | - | - | - | - | - | - | - | - |
| deferredRevenue | - | - | - | - | - | - | - | - | -20000 | -21 |
| otherCurrentLiabilities | -15134 | -23997 | - | -17628 | - | - | - | - | - | - |
| totalCurrentLiabilities | 1.13M | 1.25M | 9.74M | 402K | 1.29M | 754K | 317K | 218K | 507K | 729K |
| longTermDebt | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligationsNonCurrent | 13033 | 12989 | 16000 | 24000 | 2000 | 2000 | 5000 | 14000 | 22000 | 22000 |
| deferredRevenueNonCurrent | - | - | - | - | - | - | - | - | - | - |
| deferredTaxLiabilitiesNonCurrent | - | - | - | - | - | - | - | - | - | - |
| otherNonCurrentLiabilities | 453.17K | 477.61K | 533K | 240K | 207K | 150K | 144K | 142K | 139K | 121K |
| totalNonCurrentLiabilities | 466.2K | 490.6K | 549K | 264K | 209K | 152K | 149K | 156K | 161K | 143K |
| otherLiabilities | - | - | - | - | - | - | - | - | - | - |
| capitalLeaseObligations | 31033 | 35989 | 39000 | 48000 | 22000 | 22000 | 25000 | 34000 | 42000 | 43000 |
| totalLiabilities | 1.6M | 1.74M | 10.29M | 666K | 1.5M | 906K | 466K | 374K | 668K | 872K |
| treasuryStock | - | - | - | - | - | - | - | - | - | - |
| preferredStock | - | - | - | - | - | - | - | - | - | - |
| commonStock | 31.66M | 31.55M | 23.17M | 23.18M | 20.2M | 19.22M | 19.22M | 19.22M | 19.22M | 19.22M |
| retainedEarnings | -17.33M | -16.83M | -15.75M | -13.99M | -13.79M | -13.12M | -12.41M | -12.22M | -11.97M | -11.73M |
| additionalPaidInCapital | 3.97M | 3.69M | 3.63M | 3.62M | 3.61M | 3.6M | 3.54M | 3.49M | 2.5M | 2.41M |
| date | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| netIncome | -435.12K | -1.09M | -1.76M | -196K | -675K | -713K | -185K | -254K | -239K | -1.72M |
| depreciationAndAmortization | 45115 | 41965 | 5000 | 6000 | 5000 | - | - | - | - | 6 |
| deferredIncomeTax | - | - | - | - | - | - | - | - | - | - |
| stockBasedCompensation | 82000 | 58000 | 4000 | 7000 | 12000 | 40000 | 33000 | 78000 | 68000 | 174K |
| changeInWorkingCapital | 13033 | -181.85K | 333K | -212K | -43000 | 85000 | 41000 | -44000 | -186K | 200K |
| accountsReceivables | - | - | - | - | - | - | - | - | - | - |
| inventory | - | - | - | - | - | - | - | - | - | - |
| accountsPayables | - | - | - | - | - | - | - | - | - | - |
| otherWorkingCapital | 13033 | -181.85K | 333K | -212K | -43000 | 85000 | 41000 | -44000 | -186K | 200 |
| otherNonCashItems | 213.17 | 805.34K | 1.28M | 21000 | 475K | 492K | 18000 | 11000 | 20000 | 1.08M |
| netCashProvidedByOperatingActivities | -294.76K | -427.65K | -146.47K | -374K | -226K | -96000 | -93000 | -209K | -331K | -142K |
| investmentsInPropertyPlantAndEquipment | -3.34M | -523.57K | -1.5M | -4.12M | -2.16M | -881K | -334K | -113K | -606K | -773K |
| acquisitionsNet | - | - | - | - | - | - | - | - | - | - |
| purchasesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| salesMaturitiesOfInvestments | - | - | - | - | - | - | - | - | - | - |
| otherInvestingActivities | -129.33K | -673.45K | 869.44K | -650K | 440K | 389K | 102K | -210K | -88000 | 178K |
| netCashProvidedByInvestingActivities | -3.47M | -1.2M | -632.56K | -4.77M | -1.72M | -492K | -232K | -323K | -694K | -595K |
| netDebtIssuance | -4000 | -3000 | 8.29M | -8000 | - | -3000 | -9000 | -6000 | -1000 | -5000 |
| longTermNetDebtIssuance | -4000 | 8.3M | -8000 | -8000 | - | -3000 | -9000 | -6000 | -1000 | -5000 |
| shortTermNetDebtIssuance | - | - | 8.3M | - | - | - | - | - | - | - |
| netStockIssuance | - | 999.19 | -10014 | 3.43M | 1.15M | - | - | - | - | - |
| netCommonStockIssuance | - | 999.19 | -10014 | 3.43M | 1.15M | - | - | - | - | - |
| commonStockIssuance | - | 999.19 | -10014 | 3.43M | 1.15M | - | - | - | - | - |
| commonStockRepurchased | - | - | - | - | - | - | - | - | - | - |
| netPreferredStockIssuance | - | - | - | - | - | - | - | - | - | - |
| netDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| commonDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| preferredDividendsPaid | - | - | - | - | - | - | - | - | - | - |
| otherFinancingActivities | -10 | -52956 | -2.3M | 39000 | -22000 | -12000 | - | - | - | - |
| netCashProvidedByFinancingActivities | -4010 | -51957 | 5.98M | 3.46M | 1.13M | -15000 | -9000 | -6000 | -1000 | -5000 |