Company research
Hapi Metaverse Inc.
CIK 1600347Updated Jul 17, 2026
Name history
GigWorld Inc. · through Mar 1, 2023HotApp Blockchain Inc. · through Jan 26, 2021HotApp International, Inc. · through Jan 4, 2018Fragmented Industry Exchange Inc · through Nov 12, 2014
Filing activity
Latest filing
50 filings on record · 10-Q, 10-K, 8-K, NT 10-K, UPLOAD, CORRESP.
Recent filings
Show 5 more recent filings
Financials
FY 2025 · USDSource
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balance sheet · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 1,592,962Source | 4,069,044Source | 6,394,330Source | 3,178,069Source |
| Property, Plant and Equipment, NetUSD | 31,192Source | 106,264Source | 6,574Source | 10,305Source |
| GoodwillUSD | — | — | 60,273Source | 60,343Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 497,189Source | 428,660Source | 745,719Source | 514,260Source |
| Inventory, NetUSD | — | — | — | 894Source |
| Assets, CurrentUSD | 933,440Source | 2,744,166Source | 4,852,129Source | 2,977,840Source |
| Prepaid Expense and Other Assets, CurrentUSD | 60,052Source | — | — | 117,936Source |
| Operating Lease, Right-of-Use AssetUSD | — | 520,119Source | 267,727Source | 129,478Source |
| Other Assets, NoncurrentUSD | 44,847Source | 46,230Source | — | 103Source |
| LIABILITIES AND EQUITY | ||||
| LiabilitiesUSD | 3,303,870Source | 11,027,499Source | 8,957,995Source | 5,053,857Source |
| Stockholders’ equity: | ||||
| Common Stock, Value, IssuedUSD | 50,761Source | 50,761Source | 50,761Source | 50,690Source |
| Additional Paid in CapitalUSD | 20,563,247Source | 11,426,328Source | 11,168,595Source | 4,679,498Source |
| Retained Earnings (Accumulated Deficit)USD | -21,454,776Source | -17,884,549Source | -13,414,222Source | -6,288,884Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | -870,140Source | -546,692Source | -365,350Source | -315,241Source |
| Stockholders' Equity Attributable to ParentUSD | -1,710,908Source | -6,954,152Source | -2,560,216Source | -1,873,937Source |
| Liabilities and EquityUSD | 1,592,962Source | 4,069,044Source | 6,394,330Source | 3,178,069Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 3,120,113Source | 9,656,601Source | 7,831,185Source | 4,994,661Source |
| Operating Lease, Liability, CurrentUSD | 203,824Source | 191,234Source | 148,088Source | 71,899Source |
| Operating Lease, Liability, NoncurrentUSD | 183,757Source | 370,898Source | 126,810Source | 59,196Source |
| Stockholders' Equity Attributable to Noncontrolling InterestUSD | — | -4,303Source | -3,449Source | -1,851Source |
| Additional Financial Items | ||||
| Deferred Tax Liabilities, NetUSD | — | 130,030Source | — | — |
cash flow · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -3,570,227Source | -4,471,152Source | -6,910,404Source | -1,728,668Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in Accounts ReceivableUSD | — | — | — | 2,708Source |
| Increase (Decrease) in InventoriesUSD | — | — | — | 894Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -973,371Source | -1,383,294Source | -816,748Source | -402,692Source |
| Cash flows from investing activities: | ||||
| Payments to Acquire Businesses, Net of Cash AcquiredUSD | — | -5,631Source | — | 70,523Source |
| Net Cash Provided by (Used in) Investing ActivitiesUSD | -93,479Source | -256,299Source | -2,408,139Source | -1,817,956Source |
| Payments for (Proceeds from) Other Investing ActivitiesUSD | — | — | 4,012Source | — |
| Payments to Acquire Property, Plant, and EquipmentUSD | 93,479Source | 69,295Source | 4,127Source | 3,698Source |
| Cash flows from financing activities: | ||||
| Net Cash Provided by (Used in) Financing ActivitiesUSD | 1,142,243Source | 1,573,229Source | 3,557,477Source | 2,568,604Source |
| Additional Financial Items | ||||
| DepreciationUSD | 37,506Source | 14,946Source | 9,313Source | 6,345Source |
| Depreciation, NonproductionUSD | 15,720Source | 6,971Source | 2,912Source | 1,524Source |
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 2,099,001Source | -2,613,855Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 251,274Source | -70,690Source | 29,722Source | — |
| Gain (Loss) on Disposition of Property Plant Equipment, Excluding Oil and Gas Property and Timber PropertyUSD | — | -2,422Source | — | — |
| Gain (Loss) on Disposition of AssetsUSD | — | — | 2Source | 3,217Source |
| General and Administrative ExpenseUSD | 1,266,937Source | 1,459,697Source | 960,473Source | 410,038Source |
| GoodwillUSD | — | — | 60,273Source | 60,343Source |
| Goodwill, Impairment LossUSD | — | 414,240Source | — | — |
| Impairment of Intangible Assets (Excluding Goodwill)USD | 527,475Source | — | — | — |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -4,471,152Source | -6,912,004Source | -1,728,020Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -648Source |
| Investment Income, InterestUSD | — | 190Source | — | 11Source |
| Marketable Securities, Unrealized Gain (Loss)USD | -2,099,001Source | -2,613,855Source | -6,109,270Source | -1,427,094Source |
| Net Income (Loss) Attributable to ParentUSD | -3,570,227Source | -4,471,152Source | -6,912,004Source | -1,728,668Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | -825Source | -1,600Source | -233Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -3,570,227Source | -4,470,327Source | -6,910,404Source | -1,728,435Source |
| Nonoperating Income (Expense)USD | -1,903,410Source | -2,747,828Source | -6,110,852Source | — |
| Operating ExpensesUSD | 1,810,132Source | 1,880,908Source | 963,385Source | 411,562Source |
| Operating Lease, ExpenseUSD | 14,429Source | 18,284Source | 150,135Source | 18,535Source |
| Operating Lease, Impairment LossUSD | 392,733Source | — | — | — |
| Other Nonoperating Income (Expense)USD | — | — | — | -1,358,129Source |
| Payments to Acquire InvestmentsUSD | — | — | — | 1,743,735Source |
| Proceeds from Contributions from AffiliatesUSD | — | — | — | 2,568,604Source |
| Unrealized Gain (Loss) on InvestmentsUSD | -2,099,001Source | -2,613,855Source | -6,109,270Source | — |
income statement · annual statements
| Line item | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|
| Total RevenueUSD | 271,006Source | 254,138Source | 254,327Source | 69,915Source |
| Cost of Goods and Services Sold | — | — | — | — |
| Operating Income (Loss)USD | -1,666,817Source | -1,723,324Source | -801,152Source | -369,891Source |
| Other Nonoperating Income (Expense)USD | — | — | — | -1,358,129Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -3,570,227Source | -4,471,152Source | -6,912,004Source | -1,728,020Source |
| Net Income (Loss) Attributable to Noncontrolling InterestUSD | — | -825Source | -1,600Source | -233Source |
| Net Income (Loss) Attributable to ParentUSD | -3,570,227Source | -4,471,152Source | -6,912,004Source | -1,728,668Source |
| Earnings Per Share, BasicUSD per share | -0.01Source | -0.01Source | -0.01Source | 0Source |
| Earnings Per Share, DilutedUSD per share | -0.01Source | -0.01Source | -0.01Source | — |
| Weighted Average Number of Shares Outstanding, Basicshares | 507,610,326Source | 507,610,326Source | 507,389,976Source | 506,898,576Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 507,610,326Source | 507,610,326Source | 507,389,976Source | — |
| Additional Financial Items | ||||
| Equity Securities, FV-NI, Realized Gain (Loss)USD | 2,099,001Source | -2,613,855Source | — | — |
| Foreign Currency Transaction Gain (Loss), before TaxUSD | 251,274Source | -70,690Source | 29,722Source | — |
| General and Administrative ExpenseUSD | 1,266,937Source | 1,459,697Source | 960,473Source | 410,038Source |
| Goodwill, Impairment LossUSD | — | 414,240Source | — | — |
| Gross ProfitUSD | 143,315Source | 157,584Source | 162,233Source | 41,671Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | — | -4,471,152Source | -6,912,004Source | -1,728,020Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | — | — | -0.01Source | — |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | — | — | -0.01Source | — |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling InterestUSD | — | — | — | -648Source |
| Interest ExpenseUSD | — | — | — | 5Source |
| Investment Income, InterestUSD | — | 190Source | — | 11Source |
| Net Income (Loss) Available to Common Stockholders, BasicUSD | -3,570,227Source | -4,470,327Source | -6,910,404Source | -1,728,435Source |
| Nonoperating Income (Expense)USD | -1,903,410Source | -2,747,828Source | -6,110,852Source | — |
| Operating ExpensesUSD | 1,810,132Source | 1,880,908Source | 963,385Source | 411,562Source |
| Operating Lease, ExpenseUSD | 14,429Source | 18,284Source | 150,135Source | 18,535Source |
| Other Cost of Operating RevenueUSD | — | — | — | 23,423Source |
| Other IncomeUSD | 1,895Source | 5,417Source | 1Source | 3,065Source |