American International Holdings Corp (AMIH) Financial Statements (2024 and earlier)

Company Profile

Business Address 205 S BAILEY STEET
ELECTRA, TX 76360
State of Incorp.
Fiscal Year End December 31
Industry (SIC) 80 - Health Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2023
MRQ
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments1971,210251,25910
Cash and cash equivalents1971,210251,25910
Receivables      
Inventory, net of allowances, customer advances and progress billings 134 16  
Inventory 134 16  
Prepaid expense 13 3366  
Disposal group, including discontinued operation   10   
Total current assets:2231,214391,64110
Noncurrent Assets
Operating lease, right-of-use asset 26 88267
Property, plant and equipment90 19155  
Intangible assets, net (including goodwill)      
Goodwill      
Intangible assets, net (excluding goodwill)      
Deposits noncurrent assets4475  
Disposal group, including discontinued operation, noncurrent assets  14114   
Total noncurrent assets:12018227427  
Other undisclosed assets   125  
TOTAL ASSETS:3431,2312662,19210
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:385518634 
Interest and dividends payable9442431 
Employee-related liabilities10415559  
Accrued liabilities307     
Other undisclosed accounts payable and accrued liabilities(269)(142)(179)(38)3 
Deferred revenue 12   
Debt2,209471205118  
Derivative instruments and hedges, liabilities 4,141517459  
Disposal group, including discontinued operation 5112567   
Due to related parties 360123251341330
Other undisclosed current liabilities2,1701971461,9651 
Total current liabilities:4,7935,1011,4782,7381830
Noncurrent Liabilities
Long-term debt and lease obligation 27 69200  
Long-term debt, excluding current maturities 27 5   
Liabilities, other than long-term debt   110363  
Due to related parties   110363  
Operating lease, liability   64200
Total noncurrent liabilities: 27 179563  
Other undisclosed liabilities      31
Total liabilities:4,8215,1011,6573,3011861
Equity
Equity, attributable to parent, including:(4,174)(3,869)(1,391)(1,109)(17)(61)
Preferred stock0     
Common stock886310
Treasury stock, value(4)(4)(4)(104)(4)(4)
Additional paid in capital18,93816,6679,1672,1877,3242,168
Accumulated deficit(23,115)(20,541)(10,560)(3,220)(7,338)(2,225)
Other undisclosed equity, attributable to parent  0 25  
Equity, attributable to noncontrolling interest (303)     
Other undisclosed equity  (0)    
Total equity:(4,477)(3,869)(1,391)(1,109)(17)(61)
TOTAL LIABILITIES AND EQUITY:3431,2312662,19210

Income Statement (P&L) ($ in thousands)

3/31/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues621,1715,7981,914  
Gain (loss) on disposition of assets for financial service operations  1,171(1,041)  
Cost of revenue(6)(40)(4,853)(1,627)  
Cost of goods and services sold  (4,853)   
Other undisclosed gross profit  (1,151)    
Gross profit:56(20)945287  
Operating expenses(2,484)(6,976)(4,330)(3,223)(5,110)(8)
Operating loss:(2,428)(6,995)(3,385)(2,936)(5,110)(8)
Nonoperating expense(435)(3,230)(2,751)(276)  
Investment income, nonoperating102     
Debt instrument, convertible, beneficial conversion feature6341,575    
Interest and debt expense   (219)(70)(3)(2)
Loss from continuing operations before equity method investments, income taxes:(2,864)(10,225)(6,355)(3,282)(5,113)(10)
Other undisclosed income from continuing operations before income taxes    70  
Loss from continuing operations before income taxes:(2,864)(10,225)(6,355)(3,212)(5,113)(10)
Other undisclosed income from continuing operations   219   
Loss from continuing operations:(2,864)(10,225)(6,136)(3,212)(5,113)(10)
Loss before gain (loss) on sale of properties:(9,981)(7,340)(3,212)(5,113)(10)
Income (loss) from discontinued operations(14)245(1,204)   
Net loss:(2,878)(9,981)(7,340)(3,212)(5,113)(10)
Net loss attributable to noncontrolling interest(303)     
Other undisclosed net income attributable to parent607     
Net loss attributable to parent:(2,575)(9,981)(7,340)(3,212)(5,113)(10)
Other undisclosed net income available to common stockholders, basic      
Net loss available to common stockholders, diluted:(2,575)(9,981)(7,340)(3,212)(5,113)(10)

Comprehensive Income ($ in thousands)

3/31/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net loss:(2,878)(9,981)(7,340)(3,212)(5,113)(10)
Comprehensive loss:(2,878)(9,981)(7,340)(3,212)(5,113)(10)
Comprehensive loss, net of tax, attributable to noncontrolling interest(303)     
Comprehensive loss, net of tax, attributable to parent:(3,181)(9,981)(7,340)(3,212)(5,113)(10)

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

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