# EDGAR Filing Document

**Accession Number:** 0001874875
**File Stem:** 0001493152-26-022487
**Filing Date:** 2026-5
**Character Count:** 18886
**Document Hash:** 8f74716d63c61f69cf12282f6e747815
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001493152-26-022487.hdr.sgml**: 20260512

**ACCESSION NUMBER**: 0001493152-26-022487

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 13

**CONFORMED PERIOD OF REPORT**: 20260512

**ITEM INFORMATION**: Results of Operations and Financial Condition

**ITEM INFORMATION**: Financial Statements and Exhibits

**FILED AS OF DATE**: 20260512

**DATE AS OF CHANGE**: 20260512

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Hour Loop, Inc
- **CENTRAL INDEX KEY:** 0001874875
- **STANDARD INDUSTRIAL CLASSIFICATION:** RETAIL-CATALOG & MAIL-ORDER HOUSES [5961]
- **ORGANIZATION NAME:** 07 Trade & Services
- **EIN:** 472869399
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-41204
- **FILM NUMBER:** 26968447

**BUSINESS ADDRESS:**
- **STREET 1:** 8201 164TH AVE NE #200
- **CITY:** REDMOND
- **STATE:** WA
- **ZIP:** 98052-7615
- **BUSINESS PHONE:** 206 385 0488

**MAIL ADDRESS:**
- **STREET 1:** 8201 164TH AVE NE #200
- **CITY:** REDMOND
- **STATE:** WA
- **ZIP:** 98052-7615

?xml version='1.0' encoding='ASCII'?

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K**

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of**

**the Securities Exchange Act of 1934**

Date of report (Date of earliest event reported): **<u>May 12, 2026</u>**

**HOUR LOOP, INC.**

(Exact name of registrant as specified in its charter)

---

| | | |
|:---|:---|:---|
| **Delaware** | **001-41204** | **47-2869399** |
| (State or other jurisdiction<br> of incorporation) | (Commission<br> File Number) | (I.R.S. Employer<br> Identification Number) |

---

**<u>8201 164th Ave NE #200, Redmond, WA 98052-7615</u>**

(Address of principal executive offices)

**<u>(206) 385-0488 ext. 100</u>**

(Registrant's telephone number, including area code)

**<u>N/A</u>**

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.)

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| Common Stock | HOUR | The Nasdaq Capital Market |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

**Item 2.02. Results of Operations and Financial Condition.**

On May 12, 2026, Hour Loop, Inc. (the "Company") issued a press release announcing its financial and operational results for the quarter ended March 31, 2026, and reaffirming net revenue and net income guidance for the year ending December 31, 2026. A copy of this press release is attached hereto as Exhibit 99.1 and incorporated herein by reference. The information contained in the website is not a part of this current report on Form 8-K.

In accordance with General Instruction B.2 of Form 8-K, the information included in this Item 2.02, including Exhibit 99.1, shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities of that section, nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

**Item 9.01. Financial Statements and Exhibits.**

(d) Exhibits.

---

| | |
|:---|:---|
| **Exhibit No.** | **Description** |
| 99.1 | [Press release issued by the registrant on May 12, 2026.](ex99-1.htm) |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |

---

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

---

| | | |
|:---|:---|:---|
|  | **HOUR LOOP, INC.** | **HOUR LOOP, INC.** |
| Dated: May 12, 2026 | By: | */s/ Sam Lai* |
|  | Name: | Sam Lai |
|  | Title: | Chief Executive Officer and Interim Chief Financial Officer |

---

## Exhibit 99.1

**Exhibit 99.1**

![](ex99-1_001.jpg)

**Hour Loop Reports First Quarter of 2026 Results**

 

*Continued Profitability Despite a Challenging Economic Environment*

**Redmond, WA, May 12, 2026** – Hour Loop, Inc. (NASDAQ: HOUR) ("Hour Loop" or the "Company"), a leading online retailer, announces its financial and operational results for the quarter ended March 31, 2026.<br>

**Financial Highlights for First Quarter of 2026:**

● Net
 revenues increased 16% to $29.9 million, compared to $25.8 million in the year-ago period;

● Net
 income increased to $0.82 million, compared to $0.65 million in the year-ago period; and

● Cash
 used in operating activities was $2.2 million, compared to cash used in operating activities
 of $0.0 million in the year-ago period.

**Management Commentary**

"We are pleased to share our first quarter 2026 financial results as we kicked off the year with strong momentum," said Sam Lai, CEO and interim CFO of Hour Loop. "Revenue grew 16% year-over-year, supported by solid demand, stronger execution and the continued strength of our operating strategy."<br>

"Gross margin was modestly lower compared to the year-ago period, primarily due to higher inbound costs and storage fees, as we took a more proactive approach to inventory purchasing following the discontinuation of the platform's labeling service. While this approach resulted in higher inventory levels, we believe maintaining a stronger inventory position is important to supporting product availability and more stable sales performance over time."<br>

"We also remained disciplined in managing operating expenses, which increased only 12% year-over-year. This reflects our continued focus on operational efficiency and our ability to support business growth while maintaining cost control. While this strategy also resulted in a significant increase in inventory levels, we believe the enhanced inventory position supports improved product availability and more stable sales performance going forward."<br>

"We would like to thank our team members around the world for their continued dedication and contributions, as well as our shareholders for their continued trust and support. We remain focused on reinforcing the foundation we have built, while positioning the Company for future opportunities. We believe that everything we are doing today—strengthening our operations, improving efficiency, expanding opportunities and maintaining financial discipline—represents a critical building block for sustainable growth and long-term value creation."

**First Quarter of 2026 Financial Results**

Net revenues in the first quarter of 2026 were $29.9 million, compared to $25.8 million in the same period last year. The increase was primarily driven by expanded inventory availability, which supported improved product availability and sales execution.

Gross profit as a percentage of net revenues decreased to 53.5%, compared to 54.7% in the same period last year. The decrease was mainly driven by higher storage fees and inbound costs resulting from increased purchasing activity and a larger inventory base.

Operating expenses as a percentage of net revenues in the first quarter of 2026 decreased to 49.7%, compared to 51.2% in the same period last year. The decrease was mainly attributable to greater operating leverage and continued efficiency improvements.

Net income in the first quarter of 2026 was $0.82 million, or $0.02 per diluted share, compared to net income of $0.65 million, or $0.02 per diluted share, in the same period last year. The increase was driven by increased costs and decreased expenses because of the reasons mentioned above.

As of March 31, 2026, the Company had $0.9 million in cash and cash equivalents, compared to $3.8 million as of December 31, 2025. This decrease was driven by payments to related parties and additional investment in inventory.

**Full Year 2026 Financial Outlook**

Hour Loop reaffirms its guidance for the full year, anticipating 2026 net revenue to be in the range of $143.0 million to $163.0 million, representing flat to 15% year-over-year growth. The Company continues to expect 2026 net income to be in the range of $0.75 million to $1.5 million.

**About Hour Loop, Inc.**

Hour Loop is an online retailer engaged in e-commerce retailing in the U.S. market. It has operated as a third-party seller on *<u>www.amazon.com</u>* and has sold merchandise on its website at *<u>www.hourloop.com</u>* since 2013. Hour Loop further expanded its operations to other marketplaces such as Walmart, eBay, and Etsy. To date, Hour Loop has generated practically all its revenue as a third-party seller on *<u>www.amazon.com</u>* and only a negligible amount of revenue from its own website and other marketplaces. Hour Loop manages more than 100,000 stock-keeping units ("SKUs"). Product categories include home/garden décor, toys, kitchenware, apparel, and electronics. Hour Loop's primary strategy is to bring most of its vendors' product selections to the customers. It has advanced software that assists Hour Loop in identifying product gaps so it can keep such products in stock year-round, including the entirety of the last quarter (holiday season) of the calendar year. In upcoming years, Hour Loop plans to expand its business rapidly by increasing the number of business managers, vendors, and SKUs.

**Forward-Looking Statements** 

This press release contains statements that constitute "forward-looking statements," including with respect to Hour Loop's business strategy, product development and industry trends. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Hour Loop. While Hour Loop believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to Hour Loop on the date of this release. These forward-looking statements are based upon current estimates and assumptions and are subject to various risks and uncertainties, including, without limitation, those set forth in Hour Loop's filings with the Securities and Exchange Commission, as the same may be updated from time to time. Thus, actual results could be materially different. Hour Loop undertakes no obligation to update these statements whether as a result of new information, future events or otherwise, after the date of this release, except as required by law.

**Investor Contact**

Finance Department, Hour Loop, Inc.

<u>finance@hourloop.com</u>

**HOUR LOOP, INC.**

**CONSOLIDATED BALANCE SHEETS**

**(In U.S. Dollars, except for share and per share data)**

**As of March 31, 2026 and December 31, 2025**

**(Unaudited)**

---

| | | |
|:---|:---|:---|
|  | March 31, 2026 | December 31, 2025 |
| ASSETS |  |  |
| Current assets |  |  |
| &nbsp;&nbsp;&nbsp;Cash | $992886 | $3792033 |
| &nbsp;&nbsp;&nbsp;Accounts receivable, net | 865136 | 235959 |
| &nbsp;&nbsp;&nbsp;Inventory, net | 21087764 | 18298935 |
| &nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | 815044 | 619261 |
| Total current assets | 23760830 | 22946188 |
| &nbsp;&nbsp;&nbsp;Property and equipment, net | 87666 | 95917 |
| &nbsp;&nbsp;&nbsp;Deferred tax assets | 398429 | 609964 |
| &nbsp;&nbsp;&nbsp;Operating lease right-of-use lease assets | 145424 | 169368 |
| Total non-current assets | 631519 | 875249 |
| TOTAL ASSETS | $24392349 | $23821437 |
| LIABILITIES AND STOCKHOLDERS' EQUITY |  |  |
| Current liabilities |  |  |
| &nbsp;&nbsp;&nbsp;Accounts payable | $9784011 | $6200526 |
| &nbsp;&nbsp;&nbsp;Credit cards payable | 3068467 | 3707976 |
| &nbsp;&nbsp;&nbsp;Short-term loan | 626076 | 637348 |
| &nbsp;&nbsp;&nbsp;Operating lease liabilities-current | 90728 | 92362 |
| &nbsp;&nbsp;&nbsp;Income taxes payable | 105962 | 51147 |
| &nbsp;&nbsp;&nbsp;Accrued expenses and other current liabilities | 764060 | 2226387 |
| &nbsp;&nbsp;&nbsp;Due to related parties | 2060418 | 3810418 |
| Total current liabilities | 16499722 | 16726164 |
| Non-current liabilities |  |  |
| &nbsp;&nbsp;&nbsp;Operating lease liabilities-non-current | 60081 | 83271 |
| &nbsp;&nbsp;&nbsp;Deferred tax liabilities | 17822 | 18143 |
| Total non-current liabilities | 77903 | 101414 |
| Total liabilities | 16577625 | 16827578 |
| Commitments and contingencies |  |  |
| Stockholders' equity |  |  |
| &nbsp;&nbsp;&nbsp;Preferred stock: $0.0001 par value, 10,000,000 shares authorized, none issued and outstanding as of March 31, 2026 and December 31, 2025 |  |  |
| &nbsp;&nbsp;&nbsp;Common stock: $0.0001 par value, 300,000,000 shares authorized, 35,183,890 and 35,176,320 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 3518 | 3518 |
| &nbsp;&nbsp;&nbsp;Additional paid-in capital | 5877682 | 5862683 |
| &nbsp;&nbsp;&nbsp;Retained earnings | 1933156 | 1109674 |
| &nbsp;&nbsp;&nbsp;Accumulated other comprehensive income | 368 | 17984 |
| Total stockholders' equity | 7814724 | 6993859 |
| TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY | $24392349 | $23821437 |

---

*The accompanying footnotes are an integral part of these unaudited consolidated financial statements.*

**HOUR LOOP, INC.**

**CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME**

**(In U.S. Dollars, except for share and per share data)**

**For the Three Months Ended March 31, 2026 and 2025**

**(Unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
|  | 2026 | 2025 |
| Revenues, net | $29930342 | $25837090 |
| Cost of revenues | (13912567) | (11691792) |
| Gross profit | 16017775 | 14145298 |
| Operating expenses |  |  |
| &nbsp;&nbsp;&nbsp;Selling and marketing | 12598641 | 11246997 |
| &nbsp;&nbsp;&nbsp;General and administrative | 2277006 | 1977436 |
| Total operating expenses | 14875647 | 13224433 |
| Income from operations | 1142128 | 920865 |
| Other (expense) income |  |  |
| &nbsp;&nbsp;&nbsp;Other (expense) income | (1808) | 301 |
| &nbsp;&nbsp;&nbsp;Interest expense | (33938) | (47055) |
| &nbsp;&nbsp;&nbsp;Other income | 26758 | 61825 |
| Total other (expense) income, net | (8988) | 15071 |
| Income before income taxes | 1133140 | 935936 |
| Income tax expense | (309658) | (281419) |
| Net income | 823482 | 654517 |
| Other comprehensive loss |  |  |
| &nbsp;&nbsp;&nbsp;Foreign currency translation adjustments | (17616) | (13536) |
| Total comprehensive income | $805866 | $640981 |
| Basic and diluted earnings per common share | $0.02 | $0.02 |
| Weighted-average number of common shares outstanding | 35183554 | 35151351 |

---

*The accompanying footnotes are an integral part of these unaudited consolidated financial statements.*

**HOUR LOOP, INC.**

**CONSOLIDATED STATEMENTS OF CASH FLOWS**

**(In U.S. Dollars)**

**For the Three Months Ended March 31, 2026 and 2025**

**(Unaudited)**

---

| | | |
|:---|:---|:---|
|  | **Three Months Ended March 31,** | **Three Months Ended March 31,** |
|  | 2026 | 2025 |
| Cash flows from operating activities |  |  |
| &nbsp;&nbsp;&nbsp;Net income | $823482 | $654517 |
| &nbsp;&nbsp;&nbsp;Reconciliation of net income to net cash used in operating activities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Depreciation expenses | 12245 | 14126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Amortization of operating lease right-of-use lease assets | 21038 | 55383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Deferred tax assets | 211535 | 238899 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Stock-based compensation | 14999 | 15000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventory allowance | 409455 | 497347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unrealized foreign exchange gain | (35568) | (24826) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Changes in operating assets and liabilities: |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts receivable | (629177) | 1256305 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Inventory | (3198284) | (1746197) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Prepaid expenses and other current assets | (195783) | (286791) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accounts payable | 3583485 | 2683231 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Credit cards payable | (639509) | (985515) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Accrued expenses and other current liabilities | (2612327) | (2338386) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Operating lease liabilities | (21809) | (56984) |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Income taxes payable | 54815 | - |
| Net cash used in operating activities | (2201403) | (23891) |
| Cash flows from investing activities: |  |  |
| &nbsp;&nbsp;&nbsp;Purchases of property and equipment | (5662) | (720) |
| Net cash used in investing activities | (5662) | (720) |
| Cash flows from financing activities: |  |  |
| &nbsp;&nbsp;&nbsp;Payments to related parties | (600000) | (839000) |
| Net cash used in financing activities | (600000) | (839000) |
| Effect of changes in foreign currency exchange rates | 7918 | 4152 |
| Net change in cash | (2799147) | (859459) |
| Cash at beginning of period | 3792033 | 2119581 |
| Cash at end of period | $992886 | $1260122 |
| Supplemental disclosures of cash flow information: |  |  |
| &nbsp;&nbsp;&nbsp;Cash paid for interest | $5302 | $4986 |
| &nbsp;&nbsp;&nbsp;Cash paid for income tax | $2630 | $6230 |

---

*The accompanying footnotes are an integral part of these unaudited consolidated financial statements.*