SELECTIS HEALTH, INC. (GBCS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
8480 E. ORCHARD ROAD GREENWOOD VILLAGE, CO 80111 |
| State of Incorp. | UT |
| Fiscal Year End | December 31 |
| Industry (SIC) | 6798 - Real Estate Investment Trusts (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 9/30/2024 MRQ | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,485 | 1,420 | 3,939 | 3,567 | 641 | 1,100 | |||
| Cash and cash equivalents | 1,485 | 1,420 | 3,939 | 3,567 | 641 | 1,100 | |||
| Restricted cash and investments | 820 | 411 | 351 | 207 | |||||
| Receivables | 2,092 | 2,905 | 3,507 | ||||||
| Other undisclosed current assets | 560 | 638 | 522 | ||||||
| Total current assets: | 4,957 | 4,963 | 7,969 | 3,978 | 993 | 1,307 | |||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 33,818 | 35,454 | 37,025 | 38,238 | 36,395 | 35,885 | |||
| Intangible assets, net (including goodwill) | 1,077 | 1,077 | 1,077 | 1,077 | 395 | ||||
| Goodwill | 1,077 | 1,077 | 1,077 | 1,077 | 379 | ||||
| Intangible assets, net (excluding goodwill) | 15 | ||||||||
| Restricted cash and investments | 820 | 996 | 854 | ||||||
| Total noncurrent assets: | 35,715 | 37,527 | 38,955 | 39,315 | 36,789 | 35,885 | |||
| Other undisclosed assets | 2,639 | 2,096 | 1,104 | ||||||
| TOTAL ASSETS: | 40,671 | 42,490 | 46,924 | 45,932 | 39,878 | 38,296 | |||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities, including: | 6,045 | 3,644 | 4,364 | ||||||
| Interest and dividends payable | ✕ | ✕ | ✕ | 8 | |||||
| Accrued liabilities | 31 | 8 | |||||||
| Other undisclosed accounts payable and accrued liabilities | 6,015 | 3,637 | 4,356 | ||||||
| Debt | 11,170 | 2,297 | 150 | 38,130 | 36,954 | 35,721 | |||
| Derivative instruments and hedges, liabilities | 3 | ||||||||
| Other liabilities | 931 | ||||||||
| Due to related parties | ✕ | ✕ | 900 | 172 | |||||
| Other undisclosed current liabilities | 931 | 8 | 6,170 | ||||||
| Total current liabilities: | 18,146 | 6,848 | 11,787 | 38,130 | 36,954 | 35,724 | |||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 25,176 | 34,397 | 31,055 | ||||||
| Long-term debt, excluding current maturities | 25,176 | 34,397 | 31,055 | ||||||
| Other undisclosed noncurrent liabilities | 313 | 291 | 980 | ||||||
| Total noncurrent liabilities: | 25,489 | 34,689 | 32,035 | ||||||
| Other undisclosed liabilities | 4,587 | 2,557 | 1,587 | ||||||
| Total liabilities: | 43,635 | 41,537 | 43,822 | 42,717 | 39,512 | 37,311 | |||
| Equity | |||||||||
| Equity, attributable to parent, including: | (3,740) | 177 | 3,102 | 3,414 | 571 | 1,183 | |||
| Common stock | 153 | 153 | 150 | 1,343 | 1,372 | 1,340 | |||
| Additional paid in capital | 13,852 | 13,768 | 13,494 | 10,331 | 10,385 | 10,137 | |||
| Accumulated deficit | (17,745) | (13,744) | (11,318) | (9,036) | (11,962) | (11,071) | |||
| Other undisclosed equity, attributable to parent | 776 | 776 | 776 | 776 | |||||
| Equity, attributable to noncontrolling interest | (198) | (205) | (198) | ||||||
| Other undisclosed equity | 776 | 776 | |||||||
| Total equity: | (2,964) | 953 | 3,102 | 3,216 | 367 | 985 | |||
| Other undisclosed liabilities and equity | 0 | ||||||||
| TOTAL LIABILITIES AND EQUITY: | 40,671 | 42,490 | 46,924 | 45,932 | 39,878 | 38,296 | |||
Income Statement (P&L) ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 36,783 | 40,600 | 29,287 | 20,929 | 6,930 | 3,623 | ||
| Gross profit: | 36,783 | 40,600 | 29,287 | 20,929 | 6,930 | 3,623 | ||
| Operating expenses | (45,743) | (40,886) | (30,016) | (17,554) | (5,629) | (3,148) | ||
| Operating income (loss): | (8,960) | (287) | (729) | 3,375 | 1,301 | 475 | ||
| Nonoperating income (expense) | 4,989 | (2,109) | (1,512) | 413 | 2,169 | 2,482 | ||
| Other nonoperating income | 296 | 168 | 635 | |||||
| Interest and debt expense | (2,174) | (46) | (2,564) | (3,868) | (2,137) | 276 | ||
| Other undisclosed income from continuing operations before equity method investments, income taxes | ||||||||
| Income (loss) from continuing operations: | (6,145) | (2,442) | (4,805) | (80) | 1,333 | 3,233 | ||
| Income (loss) before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (4,805) | (80) | 1,333 | 3,233 | |
| Other undisclosed net income (loss) | 2,174 | 46 | 2,564 | 3,043 | (2,201) | (5,240) | ||
| Net income (loss): | (3,971) | (2,396) | (2,241) | 2,962 | (868) | (2,007) | ||
| Net income (loss) attributable to noncontrolling interest | (11) | (7) | 6 | 15 | ||||
| Other undisclosed net loss attributable to parent | ||||||||
| Net income (loss) attributable to parent: | (3,971) | (2,396) | (2,252) | 2,956 | (862) | (1,992) | ||
| Preferred stock dividends and other adjustments | (30) | (30) | (30) | (30) | (30) | (30) | ||
| Net income (loss) available to common stockholders, basic: | (4,001) | (2,426) | (2,282) | 2,926 | (892) | (2,022) | ||
| Other undisclosed net income available to common stockholders, diluted | 4,564 | 30 | ||||||
| Net income (loss) available to common stockholders, diluted: | (4,001) | (2,426) | 2,282 | 2,956 | (892) | (2,022) | ||
Comprehensive Income ($ in thousands)
| 9/30/2024 TTM | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | 12/31/2018 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | (3,971) | (2,396) | (2,241) | 2,962 | (868) | (2,007) | ||
| Comprehensive income (loss): | (3,971) | (2,396) | (2,241) | 2,962 | (868) | (2,007) | ||
| Comprehensive income (loss), net of tax, attributable to noncontrolling interest | (11) | (7) | 6 | 15 | ||||
| Comprehensive income (loss), net of tax, attributable to parent: | (3,971) | (2,396) | (2,252) | 2,956 | (862) | (1,992) | ||
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.