Advanzeon Solutions, Inc. (CHCR) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
3405 W. DR. MARTIN LUTHER KING JR. BLVD. TAMPA, FL 33607 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6324 - Hospital and Medical Service Plans (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2014 | 12/31/2012 | |||
|---|---|---|---|---|---|---|---|
| ASSETS | |||||||
| Current Assets | |||||||
| Cash, cash equivalents, and short-term investments | 69 | 25 | 18 | 12 | 920 | ||
| Cash and cash equivalents | 69 | 25 | 18 | 12 | 920 | ||
| Receivables | 30 | 25 | 1 | 271 | 4,546 | ||
| Prepaid expense and other current assets | ✕ | ✕ | ✕ | ✕ | 181 | ||
| Other current assets | 827 | 829 | 63 | 123 | ✕ | ||
| Other undisclosed current assets | 114 | 0 | |||||
| Total current assets: | 1,040 | 879 | 82 | 406 | 5,647 | ||
| Noncurrent Assets | |||||||
| Property, plant and equipment | 1 | 0 | 1 | 2 | 172 | ||
| Prepaid expense and other noncurrent assets | ✕ | ✕ | ✕ | ✕ | 305 | ||
| Other undisclosed noncurrent assets | 147 | 74 | |||||
| Total noncurrent assets: | 148 | 0 | 1 | 75 | 477 | ||
| Other undisclosed assets | (74) | ||||||
| TOTAL ASSETS: | 1,188 | 879 | 83 | 408 | 6,124 | ||
| LIABILITIES AND EQUITY | |||||||
| Liabilities | |||||||
| Current Liabilities | |||||||
| Accounts payable and accrued liabilities | 15,991 | 15,315 | 14,118 | 8,076 | 1,110 | ||
| Accounts payable | 99 | 700 | 947 | 543 | 1,110 | ||
| Accrued liabilities | 15,892 | 14,615 | 13,171 | 7,533 | |||
| Debt | 12,352 | 10,088 | 8,462 | 4,662 | (3,067) | ||
| Due to related parties | 5,018 | 3,040 | 1,000 | ||||
| Other undisclosed current liabilities | 1,099 | 1,380 | 3,510 | 1,575 | 28,292 | ||
| Total current liabilities: | 29,443 | 26,782 | 31,107 | 17,353 | 27,335 | ||
| Noncurrent Liabilities | |||||||
| Long-term debt and lease obligation, including: | 147 | 90 | 1,732 | ||||
| Long-term debt, excluding current maturities | 1,732 | ||||||
| Other undisclosed long-term debt and lease obligation | 90 | ||||||
| Operating lease, liability | 147 | ✕ | ✕ | ✕ | ✕ | ||
| Other undisclosed noncurrent liabilities | (0) | ||||||
| Total noncurrent liabilities: | 147 | 90 | 1,732 | ||||
| Total liabilities: | 29,590 | 26,782 | 31,107 | 17,443 | 29,067 | ||
| Equity | |||||||
| Equity, attributable to parent, including: | (28,402) | (25,903) | (31,024) | (17,035) | (22,943) | ||
| Preferred stock | 522 | ||||||
| Common stock | 717 | 667 | 631 | 631 | 594 | ||
| Additional paid in capital | 28,719 | 28,012 | 27,235 | 27,235 | 25,982 | ||
| Accumulated deficit | (57,838) | (54,582) | (59,412) | (45,423) | (50,041) | ||
| Other undisclosed equity, attributable to parent | 0 | 0 | 522 | (0) | 522 | ||
| Total equity: | (28,402) | (25,903) | (31,024) | (17,035) | (22,943) | ||
| TOTAL LIABILITIES AND EQUITY: | 1,188 | 879 | 83 | 408 | 6,124 | ||
Income Statement (P&L) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2014 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Revenues | 300 | 524 | 564 | 536 | 68,872 | |
| Revenue, net | ✕ | ✕ | 536 | 68,866 | ||
| Cost of revenue | (145) | (261) | (286) | (54,840) | ||
| Cost of goods and services sold | (54,840) | |||||
| Gross profit: | 155 | 263 | 278 | 536 | 14,032 | |
| Operating expenses | (2,093) | (1,746) | (4,710) | (1,575) | (19,197) | |
| Other undisclosed operating income | 22 | |||||
| Operating loss: | (1,939) | (1,483) | (4,432) | (1,039) | (5,143) | |
| Nonoperating income (expense) | (1,317) | 6,312 | 3,559 | 43 | ||
| Investment income, nonoperating | 5,018 | |||||
| Other nonoperating income (expense) | (1,317) | 6,312 | (1,459) | 43 | ||
| Interest and debt expense | (1,429) | (4,771) | (1,442) | (1,345) | (632) | |
| Other undisclosed loss from continuing operations before equity method investments, income taxes | (1,254) | |||||
| Income (loss) from continuing operations before income taxes: | (4,684) | 59 | (2,314) | (2,384) | (6,986) | |
| Income tax expense | (4) | |||||
| Income (loss) from continuing operations: | (4,684) | 59 | (2,314) | (2,384) | (6,990) | |
| Income (loss) before gain (loss) on sale of properties: | (4,684) | 59 | (2,314) | (2,384) | (6,990) | |
| Other undisclosed net income (loss) | 1,429 | 4,771 | (3,576) | 1,074 | ||
| Net income (loss): | (3,256) | 4,830 | (5,890) | (1,310) | (6,990) | |
| Other undisclosed net income attributable to parent | 76 | |||||
| Net income (loss) available to common stockholders, diluted: | (3,256) | 4,830 | (5,890) | (1,234) | (6,990) | |
Comprehensive Income ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2014 | 12/31/2012 | ||
|---|---|---|---|---|---|---|
| Net income (loss): | (3,256) | 4,830 | (5,890) | (1,310) | (6,990) | |
| Comprehensive income (loss), net of tax, attributable to parent: | (3,256) | 4,830 | (5,890) | (1,310) | (6,990) | |
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.