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Nature's Miracle Holding Inc.(NMHI) - 2025 Q3 - Quarterly Report
2025-11-14 21:31
Financial Performance - Revenue for the three months ended September 30, 2025 decreased by 97.6% to $72,377 compared to $3,052,727 for the same period in 2024, primarily due to cash constraints limiting inventory purchases [296] - Gross profit for the three months ended September 30, 2025 was $426, resulting in a gross margin of 0.6%, down from 7.5% in the same period of 2024 [299] - Revenue for the nine months ended September 30, 2025 decreased 80.8% to $1,663,205 compared to $8,662,414 for the same period in 2024 [310] - Gross profit was $204,684 for the nine months ended September 30, 2025, down from $992,650 in 2024, while gross margin increased to 12.3% from 11.5% [313] - Net loss for the three months ended September 30, 2025 was $2,170,789, a decrease of $579,547 from the net loss of $2,750,336 for the same period in 2024 [307] - Net loss for the nine months ended September 30, 2025 was $5,961,537, a decrease of $863,924 from the net loss of $6,825,461 in 2024 [322] Expenses and Costs - Selling, general and administrative expenses decreased by 44.9% to $1,205,125 for the three months ended September 30, 2025, compared to $2,186,953 for the same period in 2024 [300] - Operating expenses decreased 27.0% to $3,849,952 in 2025, primarily due to a 32.0% reduction in selling, general and administrative expenses [314] - Provision for credit losses increased by 246.5% to $126,824 for the three months ended September 30, 2025, compared to $36,597 for the same period in 2024 [301] - Provision for credit losses increased 401.9% to $306,091 in 2025, reflecting higher estimated credit risk associated with outstanding receivables [316] Cash Flow and Financing - Cash and cash equivalents at the end of the period were $61,450, compared to $40,114 at the end of September 30, 2024 [333] - Net cash used in operating activities was approximately $1.8 million for the nine months ended September 30, 2025, down from $3.2 million in 2024 [334] - The company has a $20 million equity financing program declared effective by the SEC to address liquidity needs [324] - The company has entered into a securities purchase agreement for $2 million with Y.K. Capital Management, Inc., with an initial payment of $500,000 received [327] - Net cash provided by financing activities for the nine months ended September 30, 2025, was approximately $2.3 million, driven by proceeds from Series A and D preferred stock, warrant exercises, and convertible notes borrowing [338] - In comparison, net cash provided by financing activities for the nine months ended September 30, 2024, was approximately $3.0 million, mainly from short-term loans and public offerings [339] Business Development and Strategy - The company plans to enter the electric vehicle market by distributing medium-sized trucks in Latin America and developing indoor growing systems within these trucks [280] - The company is investing in Future Tech Inc., a Bitcoin mining and data center business, and plans to enter the field of Digital Treasury Management focusing on XRP [280] - The company has added new products including organic and non-organic fertilizers and dehumidifiers to enhance its offerings [283] - The company is developing proprietary "all in one" automated and robotic indoor growing systems currently in design and testing phases [286] - The company entered into a strategic cooperation agreement with Sinoinnovo Technology for sourcing grow light systems for distribution in the U.S. and Europe [289] Customer Metrics - The number of customers decreased from 114 in 2024 to 68 in 2025, with average revenue per customer dropping from $75,986 to $24,459 [311] Accounting and Valuation - The company follows ASC 606 for revenue recognition, recognizing revenue upon satisfying performance obligations related to product sales [344] - Accounts receivable are stated at expected collectible amounts, with an allowance for expected credit losses based on historical and forecasted conditions [354] - Inventory is valued at the lower of cost and net realizable value, using the weighted average costing method, and is regularly reviewed for obsolescence [355] - The company reviews long-lived assets for impairment annually and determined no impairment as of September 30, 2025, with estimated disposal values exceeding carrying values [357] Non-Cash Transactions - Non-cash transactions included asset acquisitions via preferred stock and convertible note issuances totaling approximately $12.8 million related to Zak Properties, LLC [340] Off-Balance Sheet Arrangements - The company has no off-balance sheet arrangements that could materially affect its financial condition or results of operations [342]
Nature's Miracle Announces Phased $20M XRP Treasury Deployment Into Doppler Finance's XRPfi Infrastructure
Prnewswire· 2025-11-12 21:30
Core Insights - Nature's Miracle Holding Inc. has announced a strategic partnership with Doppler Finance for a phased $20 million XRP treasury deployment aimed at optimizing treasury performance through compliant yield strategies [1][2][5] Group 1: Partnership Details - The partnership involves an initial $5 million pilot deployment, with subsequent tranches contingent on successful validation milestones, ultimately reaching a total commitment of $20 million [2][4] - Doppler Finance will provide structured yield programs to enhance capital efficiency and transparency for Nature's Miracle's XRP holdings [4][5] Group 2: Doppler Finance Overview - Doppler Finance operates an institutional-grade yield infrastructure with regulated custody and real-time reserve verification, currently managing approximately $100 million in total value locked (TVL) [3] - The platform offers secure yield products for non-staking assets, including XRP, and has integrated with platforms like Bitget to strengthen its position in the XRPfi ecosystem [3][5] Group 3: Strategic Implications - The collaboration signifies growing institutional interest in XRP-denominated yield products, setting a new standard for transparent capital deployment frameworks in the XRPfi ecosystem [5]
Nature's Miracle Partner With Super Point Holding to Launch Stablecoin for Airline and Hotel Award
Prnewswire· 2025-11-04 13:30
Core Viewpoint - NMHI and Super Point Holding Inc. are establishing a Joint Venture in the U.S. to issue Stable Coin, leveraging a major U.S. Crypto Exchange and backed by an Airline and Hotel Award program [1] Group 1: Joint Venture Details - NMHI will own 51% of the Joint Venture, marking a significant shift in the Airline and Hotel Award Market [1] - The Stable Coin will allow consumers to consolidate and manage their airline and hotel awards [1] Group 2: Super Point Holding Inc. Overview - Super Point Holding Inc. is based in Taiwan and has over 300 million members across the Asia Pacific region [1] - The company is projected to realize an estimated revenue of $100 million in 2025 through the conversion of Customer Award Programs into interchangeable points [1] Group 3: Strategic Investment - NMHI will become a Strategic Investor in Super Point Holding through a $400,000 investment, expected to be completed by the end of November 2025 [1]
Nature’s Miracle 授予 Datavault AI 35% 特许权使用费许可并签订价值数百万美元的全球技术许可协议
Globenewswire· 2025-10-29 19:00
Core Insights - Datavault AI and Nature's Miracle have entered into a licensing agreement for carbon credit tokenization technology, aiming to enhance sustainability in agriculture and environmental technology [1][2][3] Group 1: Agreement Details - The agreement grants Nature's Miracle global rights to integrate Datavault AI's proprietary technology into its environmental technology platform, including blockchain-based carbon credit tokenization patents [2] - Datavault AI will receive a non-refundable licensing fee of $2 million and a 35% royalty on total revenue generated from the licensed technology [2] - The partnership positions both companies at the forefront of the emerging digital carbon economy, providing scalable, transparent, and fraud-proof solutions for carbon credit verification and trading [2][3] Group 2: Strategic Importance - Nature's Miracle plans to incorporate the licensed technology into its agricultural and environmental management platform, enhancing traceability and accountability in sustainability reporting [2] - The collaboration is seen as a strategic step for Nature's Miracle to expand its environmental impact, particularly in Asia, and establish a technological leadership position in the carbon credit ecosystem [3] - The licensed intellectual property includes U.S. and international patents related to carbon credit tokenization, effective globally until the patents expire [3] Group 3: Company Background - Datavault AI is a leader in data monetization and tokenization technologies, focusing on AI-driven data experiences and asset valuation in the Web 3.0 environment [4] - Nature's Miracle is a vertically integrated agricultural and environmental technology company dedicated to sustainable solutions for indoor agriculture, renewable energy, and environmental management [6] - Both companies aim to create annual recurring revenue through their collaboration and prepare for market entry in the International Elements Exchange [4][6]
Nature’s Miracle Crowns Datavault AI with 35% Royalty License with Multi-Million-Dollar Global Technology License
Globenewswire· 2025-10-28 13:42
Core Insights - Datavault AI has entered a licensing agreement with Nature's Miracle to utilize its patented Carbon Credit Tokenization System for global blockchain-powered carbon credit solutions [2][3][4] - The agreement includes a $2 million non-refundable license fee and a 35% royalty on gross revenue generated from the licensed technology [3] - This partnership aims to enhance the traceability and accountability of sustainability reporting in the emerging digital carbon economy [4][5] Company Overview - Datavault AI is a leader in data tokenization and monetization technologies, focusing on converting real-world assets into secure digital instruments [6][7] - Nature's Miracle is a vertically integrated agriculture and environmental technology company, emphasizing sustainable solutions and a focus on the green economy [9] Strategic Implications - The collaboration positions both companies at the forefront of the carbon credit ecosystem, particularly in Asia, with Nature's Miracle expanding its environmental impact [5][9] - Datavault AI's technology suite includes various patented technologies aimed at enhancing data monetization and secure transactions in multiple industries [8][6]
Nature's Miracle Crowns Datavault AI with 35% Royalty License with Multi-Million-Dollar Global Technology License
Prnewswire· 2025-10-28 13:25
Core Insights - Datavault AI has entered a licensing agreement with Nature's Miracle to utilize its patented Carbon Credit Tokenization System for global blockchain-powered carbon credit solutions [2][3][4] Company Overview - Datavault AI Inc. specializes in data tokenization and monetization technologies, focusing on converting real-world assets into secure digital instruments [6][7] - Nature's Miracle Holding Inc. is a sustainable agriculture and environmental technology company, emphasizing indoor farming and renewable energy solutions [9] Agreement Details - The licensing agreement grants Nature's Miracle global rights to integrate Datavault AI's intellectual property related to carbon credit tokenization into its platforms [3][5] - Datavault AI will receive a non-refundable license fee of $2 million and a 35% royalty on gross revenue generated through the licensed technology [3][4] Strategic Implications - This partnership positions both companies at the forefront of the digital carbon economy, enhancing traceability and accountability in sustainability reporting [4][5] - Nature's Miracle aims to leverage the technology to validate and monetize carbon offsets, enhancing its role in the carbon credit ecosystem, particularly in Asia [5][6] Market Positioning - The collaboration is seen as a strategic step for Nature's Miracle to expand its environmental impact and establish itself as a technology leader in the carbon credit market [5][6] - Datavault AI's revenue model is expanding through its proprietary technologies, which are designed to facilitate the monetization of data and assets [6][7]
Nature's Miracle ("NMHI") Opened Office in Tokyo for the Tokenization Opportunities in Japan
Prnewswire· 2025-10-27 13:23
Core Insights - Nature's Miracle Holding Inc. has opened a new office in Tokyo's Toranomon Central Business District, enhancing its position in the cryptocurrency market and tokenization opportunities [1] - The company appointed Yoseuke Morimoto as the local representative director, leveraging his experience and connections in Japan to access sophisticated investors in Asia [1] Company Overview - Nature's Miracle is an agriculture technology company focused on providing products and services in the Controlled Environment Agriculture (CEA) industry in the U.S. [2] - The company's common stock is traded on the OTCQB market under the symbol "NMHI" [2] Strategic Developments - The establishment of the Tokyo office positions Nature's Miracle to explore tokenization in carbon credits, mining, and real-world assets [1] - The presence in Tokyo is expected to facilitate the development of RWA Tokenization products [1]
Nature's Miracle Holding Inc. ("NMHI") Raised $2 Million Through Convertible Preferred Shares Issuance
Prnewswire· 2025-09-24 13:44
Group 1 - Nature's Miracle Holding Inc. has signed a $2 million convertible preferred investment agreement with an Asia-based private investor, issuing 2,000 Series D Preferred Shares convertible at $0.1180 per share [1] - The initial tranche of $500,000 was received on September 19, 2025, with the remaining $1.5 million expected to close before November 15, 2025 [1] - Proceeds from the investment will be utilized for working capital [1] Group 2 - Nature's Miracle Holding Inc. operates in the agriculture technology sector, providing products and services to the Controlled Environment Agriculture (CEA) industry in the U.S. [2] - The company is also involved in electric vehicle distribution and bitcoin mining, and is exploring the use of XRP digital treasury programs [2] - Nature's Miracle's common stock trades on the OTCQB market under the symbol "NMHI" [2]
NMHI To Present "The Power of Tokenization Shaping a New Digital World with XRP" At the XRP Seoul 2025 Global Conference
Prnewswire· 2025-09-19 12:45
Group 1 - The Chairman and CEO of Nature's Miracle Holding Inc., Tie "James" Li, will present at the XRP Seoul 2025 Global event [1] - The presentation is titled "The Power of Tokenization Shaping a New Digital World with XRP" [1] - The event is scheduled for September 21, 2025 [1]
Nature's Miracle Holding Inc. ("NMHI") Plans to Acquire $20 million Carbon Credit Portfolio to Develop XRP-Based Tokenized Carbon Product
Prnewswire· 2025-09-15 12:30
Core Insights - Nature's Miracle Holding Inc. has signed a Letter of Intent to acquire a $20 million Carbon Credit portfolio, equivalent to approximately one million metric tons of CO2 emission reduction [1][2] - The company plans to utilize XRP ledger technology to develop tokenized carbon credit products, enhancing transparency and efficiency in carbon markets [1][2] - The global carbon credit market is projected to reach USD 35 billion by 2030, indicating significant growth potential in this sector [1] Company Overview - Nature's Miracle Holding Inc. operates in the agriculture technology sector, providing products and services in Controlled Environment Agriculture (CEA) and is also involved in electric vehicle distribution and bitcoin mining [3] - The company aims to be a pioneer in utilizing XRP digital treasury programs and related technologies for tokenization of real-world assets [3] Strategic Partnerships - The acquisition of the carbon credit portfolio is in collaboration with Carbon Credit Corporation, which focuses on green finance and ESG initiatives [4] - The partnership aims to enhance the accessibility, liquidity, and accountability of carbon credit trading, particularly in light of regulatory frameworks like the EU Carbon Border Adjustment Mechanism and the US Clean Competition Act [2][4]