Here are the 10-K annual reports from Helio Corporation (HLEO) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow HLEO and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full HLEO filings page.
Helio Corporation reports sharply weaker results and severe liquidity pressure for the year ended October 31, 2025. Revenue fell 44% to $3.9 million from $6.9 million as NASA-related work slowed, while cost of sales rose to 75% of revenue, compressing margins.
The company’s net loss more than doubled to $4.0 million from $1.9 million, and year-end cash dropped to $7,305, leaving a shareholders’ deficit of $4.1 million. Helio carries significant related-party and third‑party debt and has received multiple default notices on promissory notes maturing in late 2025.
Auditors highlighted “substantial doubt” about Helio’s ability to continue as a going concern. Management is pursuing new debt and equity financing while trying to diversify away from heavy U.S. government revenue concentration and developing a long-term space-based solar power strategy.