$CHSN

Chanson International Holding

CIK:0001825349|SEC Filings

Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)

12 Months Ended

Dec. 31, 2025

Dec. 31, 2024

Dec. 31, 2023

Income Statement [Abstract]

REVENUE

$ 18,268,894

$ 18,227,537

$ 17,252,662

COST OF REVENUE

10,050,891

11,033,219

9,105,337

GROSS PROFIT

8,218,003

7,194,318

8,147,325

OPERATING EXPENSES

Selling expenses

6,261,580

4,757,279

4,882,958

General and administrative expenses

3,843,548

2,966,659

3,874,868

Total operating expenses

10,105,128

7,723,938

8,757,826

LOSS FROM OPERATIONS

(1,887,125)

(529,620)

(610,501)

OTHER (EXPENSE) INCOME

Interest (expense) income, net

(188,327)

(50,928)

35,505

Other income, net

871,967

687,492

193,425

Interest income from long term debt investments

1,465,180

723,945

534,575

Total other income, net

2,148,820

1,360,509

763,505

PROFIT BEFORE INCOME TAX EXPENSE

261,695

830,889

153,004

INCOME TAX EXPENSE

(74,155)

(74,604)

(119,416)

NET INCOME

187,540

756,285

33,588

Foreign currency translation gain (loss)

687,812

(284,189)

(130,778)

TOTAL COMPREHENSIVE INCOME (LOSS)

$ 875,352

$ 472,096

$ (97,190)

Earnings per ordinary share - basic (in Dollars per share)

$ 0.03

$ 3.68

$ 0.23

Earnings per ordinary share - diluted (in Dollars per share)

$ 0.03

$ 3.68

$ 0.23

Weighted average shares - basic (in Shares)

^[1]

5,369,346

205,296

144,217

Weighted average shares - diluted (in Shares)

^[1]

5,369,346

205,296

144,217

[1]	Retrospectively restated for effect of the reverse split on August 18, 2025 (see Note 14)

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Dec. 31, 2025	Dec. 31, 2024	Dec. 31, 2023
Cash flows from operating activities:
Net income	$ 187,540	$ 756,285	$ 33,588
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Amortization of operating lease right-of-use assets	1,872,139	2,639,094	2,628,985
Depreciation and amortization	889,722	823,869	831,820
Write off of bad debts	500,000
Loss (gain) on disposal of property and equipment	78,845	(152,517)	4,982
Impairment loss on property and equipment			272,350
Accrued interest income from long term debt investment	(1,465,180)	(723,945)	(534,575)
Interest income from loan to a third-party		(90,986)	(66,822)
Changes in operating assets and liabilities:
Accounts receivable	(686,449)	959,859	(766,760)
Inventories	(62,191)	(32,001)	(45,821)
Prepaid expenses and other current assets	1,665,322	2,552,891	(3,573,002)
Long term security deposits	184,296	(58,209)	57,185
Long term prepaid expenses	31,637	(180,281)	(34,010)
Accounts payable	1,235,783	265,315	530,195
Taxes payable	198,040	(46,790)	(31,943)
Deferred revenue	665,495	(179,643)	307,169
Other current liabilities	135,994	(25,902)	(292,138)
Operating lease liabilities	(2,566,126)	(2,969,001)	(2,275,056)
Net cash provided by (used in) operating activities	2,864,867	3,538,038	(2,953,853)
Cash flows from investing activities:
Purchase of property and equipment	(2,396,274)	(583,313)	(773,964)
Purchase of intangible assets			(150,000)
Proceeds from disposal of property and equipment		35,562	444
Payment made for long term debt investments	(46,126,988)		(6,000,000)
Interest income received from long term debt investment	1,203,810	899,507
Advance of loans to third parties			(3,900,000)
Repayment from loans to third parties	1,500,000	907,704	1,150,104
Prepayment for the software, equipment and product development			(1,190,000)
Refund of prepayment for the product development		650,000	400,000
Net cash (used in) provided by investing activities	(45,819,452)	1,909,460	(10,463,416)
Cash flows from financing activities:
Gross proceeds from initial public offerings			13,560,000
Direct costs disbursed from initial public offerings proceeds			(1,529,631)
Proceeds from sales of the Equity Security Units, net of issuance costs	6,910,134
Proceeds from sales of ordinary shares, net of issuance costs	30,000,000	5,938,994
Proceeds from short-term bank loans	417,388	2,225,715	2,685,588
Repayments of short-term bank loans	(1,530,421)	(3,338,573)	(424,040)
Proceeds from long-term bank loans	5,036,477
Repayments of long-term bank loans	(153,043)
(Payments made to) advances received from a related party	(1,595,404)	524,610	(1,892,423)
Payments made for deferred offering costs			(340,469)
Net cash provided by financing activities	39,085,131	5,350,746	12,059,025
Effect of exchange rate fluctuation on cash and cash equivalents	411,048	(176,783)	(75,924)
Net (decrease) increase in cash and cash equivalents	(3,458,406)	10,621,461	(1,434,168)
Cash and cash equivalents, beginning of year	12,102,763	1,481,302	2,915,470
Cash and cash equivalents, end of year	8,644,357	12,102,763	1,481,302
Supplemental cash flow information
Cash paid for income taxes	29,053	45,128	92,409
Cash paid for interest	181,157	141,106	32,444
Non-cash operating, investing and financing activities
Property and equipment acquired from a related party through settlement of amounts due from the related party (non-cash transaction)	962,896
Reduction of right-of-use assets and operating lease obligations due to early termination or modification of lease agreement	4,208,435	2,519,354
Right of use assets obtained in exchange for operating lease liabilities	3,423,624	2,719,792	1,676,362
Deferred IPO cost offset with additional paid-in capital			1,095,872
Intangible assets acquired by prepayment		$ 140,000

Consolidated Balance Sheets - USD ($)

Dec. 31, 2025

Dec. 31, 2024

CURRENT ASSETS:

Cash and cash equivalents

$ 8,644,357

$ 12,102,763

Accounts receivable

1,738,052

991,467

Inventories

830,597

738,773

Long term loan to a third-party, current

2,000,000

Prepaid expenses and other current assets

972,787

2,595,417

TOTAL CURRENT ASSETS

12,185,793

18,428,420

NON-CURRENT ASSETS:

Operating lease right-of-use assets

8,297,961

11,021,615

Property and equipment, net

7,063,992

4,444,473

Intangible assets, net

226,250

262,500

Long term security deposits

776,419

944,170

Long term debt investments

53,138,801

6,359,014

Long term prepaid expenses

296,575

315,642

TOTAL NON-CURRENT ASSETS

69,799,998

23,347,414

TOTAL ASSETS

81,985,791

41,775,834

CURRENT LIABILITIES:

Short-term bank loans

428,844

1,507,159

Current portion of long-term bank loans

371,665

Accounts payable

3,779,261

2,127,740

Taxes payable

249,300

48,712

Deferred revenue

7,670,555

6,697,964

Operating lease liabilities, current

1,777,697

2,325,390

Other current liabilities

823,821

662,963

TOTAL CURRENT LIABILITIES

15,107,896

14,142,417

NON-CURRENT LIABILITIES

Operating lease liabilities, non-current

6,021,153

9,207,971

Long-term bank loans

4,645,810

TOTAL NON-CURRENT LIABILITIES

10,666,963

9,207,971

TOTAL LIABILITIES

25,774,859

23,350,388

COMMITMENTS AND CONTINGENCIES (Note 15)

SHAREHOLDERS’ EQUITY

Ordinary shares, value

^[1]

Additional paid-in capital

54,658,128

17,751,857

Statutory reserve

740,816

661,924

Retained earnings

499,986

391,338

Accumulated other comprehensive income (loss)

308,105

(379,707)

TOTAL SHAREHOLDERS’ EQUITY

56,210,932

18,425,446

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

81,985,791

41,775,834

Class A Ordinary Share

SHAREHOLDERS’ EQUITY

Ordinary shares, value

3,890

Class B Ordinary Share

SHAREHOLDERS’ EQUITY

Ordinary shares, value

Related Party

CURRENT LIABILITIES:

Due to a related party

$ 6,753

$ 772,489

[1]	Retrospectively restated for effect of the reverse split on August 18, 2025 and the Share Capital Reduction and Reorganization on March 13, 2026 (see Note 14)