Here are the 10-Q quarterly reports from Hanryu Holdings, Inc. (HRYU) 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-Q covers the quarterly report filed between annual reports, so if you follow HRYU 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 HRYU filings page.
Hanryu Holdings, Inc. (HRYU) reported continuing-operation results and extensive corporate restructurings. The company recorded an operating loss of $1,240,399 and a net loss before taxes of $1,338,318 for the period ended June 30, 2025, and reported a working capital deficiency of $(489,886). Management performed impairment reviews and disclosed no impairment of software assets as of June 30, 2025.
The company completed major transactions in 2024 and 2025: it sold subsidiaries (recognizing a gain of $18,832,006 from disposal of three subsidiaries), acquired 100% of Faning Korea, LLC to pursue a new business, listed its shares on the Nasdaq Capital Market, and executed a 1-for-20 reverse stock split reducing issued shares from 52,808,589 to 2,640,402. The company wrote off short-term loan receivables of $16,179,823 for the fiscal year ended December 31, 2024. Lease cost of $115,519 was recorded for the six months ended June 30, 2025. Shares issued and outstanding were 3,548,825 as of June 30, 2025.