Health In Tech, Inc. (HIT)
Nasdaq: HIT · Insurance Agents, Brokers & Service · Stuart, FL · filing with the SEC since 2024
Income statement, as filed
In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.| Fiscal year | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|
| Period ending | Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 |
| Report filed | Mar 25, 2026 | Mar 17, 2025 | · |
| Revenue | 33,327,511 | 19,490,906 | 19,151,502 |
| For lenders | |||
| Provision for credit losses | 634,982 | 249,285 | · |
| Cost of revenue | 12,389,783 | 4,051,439 | 2,303,911 |
| Gross profit | 20,937,728 | 15,439,467 | 16,847,591 |
| Research and development | 1,569,262 | 2,813,899 | 2,004,796 |
| Sales and marketing | 4,185,766 | 3,158,257 | 3,380,375 |
| General and administrative | 13,654,262 | 8,477,407 | 8,079,329 |
| Total operating expenses | 19,409,290 | 14,449,563 | 13,464,500 |
| Interest expense | · | 495,000 | 2,052 |
| Interest and investment income | 409,922 | 122,885 | 40,857 |
| Total non-operating income (expense) | 145,734 | -100,904 | 38,805 |
| Income before income taxes | 1,674,172 | 889,000 | 3,421,896 |
| Income tax expense | 395,330 | 218,523 | 945,236 |
| Income from continuing operations | · | 670,477 | 2,476,660 |
| Income from discontinued operations | · | · | 1,481,254 |
| Net income including non-controlling interests | · | 670,477 | 3,957,914 |
| Net income to non-controlling interests | · | · | 1,481,254 |
| Net income | 1,278,842 | 670,477 | · |
| Net income to common shareholders | · | 670,477 | 2,476,660 |
| Earnings per share, basic | 0.02 | 0.01 | · |
| Earnings per share, diluted | 0.02 | 0.01 | · |
| Weighted average shares, basic | 55,843,821 | 51,839,329 | · |
| Weighted average shares, diluted | 57,742,798 | 53,662,677 | · |
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it sold
us-gaap:RevenuesProvision for credit losses set aside for loans that may not be repaid
us-gaap:ProvisionForLoanLeaseAndOtherLossesCost of revenue what it cost to make or buy what it sold
us-gaap:CostOfRevenueGross profit revenue less the cost of what it sold
us-gaap:GrossProfitResearch and development spent on inventing what it sells next
us-gaap:ResearchAndDevelopmentExpenseSales and marketing the cost of finding and serving customers
us-gaap:SellingAndMarketingExpenseGeneral and administrative the cost of running the company itself
us-gaap:GeneralAndAdministrativeExpenseTotal operating expenses the running costs together
us-gaap:OperatingExpensesInterest expense what its borrowing cost
us-gaap:InterestExpenseNonoperatingInterest and investment income what its cash and investments earned
us-gaap:InvestmentIncomeInterestTotal non-operating income (expense) everything outside the business, together
us-gaap:NonoperatingIncomeExpenseIncome before income taxes profit before tax
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterestIncome tax expense tax charged on the period's profit
us-gaap:IncomeTaxExpenseBenefitIncome from continuing operations profit from the businesses it keeps
us-gaap:IncomeLossFromContinuingOperationsIncome from discontinued operations profit or loss from businesses it sold or closed
us-gaap:IncomeLossFromDiscontinuedOperationsNetOfTaxNet income including non-controlling interests the whole group's profit, minority holders' share included
us-gaap:ProfitLossNet income to non-controlling interests the share that belongs to minority holders
us-gaap:NetIncomeLossAttributableToNoncontrollingInterestNet income the profit or loss that belongs to the company's shareholders
us-gaap:NetIncomeLossNet income to common shareholders what is left for common shareholders
us-gaap:NetIncomeLossAvailableToCommonStockholdersBasicEarnings per share, basic net income per share outstanding
us-gaap:EarningsPerShareBasicEarnings per share, diluted net income per share, counting every share that could be issued
us-gaap:EarningsPerShareDilutedWeighted average shares, basic the average count of shares outstanding
us-gaap:WeightedAverageNumberOfSharesOutstandingBasicWeighted average shares, diluted the average count with every share that could be issued
us-gaap:WeightedAverageNumberOfDilutedSharesOutstanding