Zhongchao(ZCMD) - 2025 Q2 - Quarterly Report

Exhibit 99.1 ZHONGCHAO INC. UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS (Expressed in U.S. dollar, except for the number of shares) | | | June 30, | | December 31, | | --- | --- | --- | --- | --- | | | | 2025 | | 2024 | | ASSETS | | | | | | Current Assets | | | | | | Cash and cash equivalents | $ | 8,912,022 | $ | 7,841,306 | | Short-term investments | | 6,121,512 | | 5,242,441 | | Accounts receivable | | 3,470,948 | | 4,682,320 | | Inventories | | - | | 586,221 | | Prepayments | | 108,820 | | 81,247 | ...