SELECTIS HEALTH, INC. (GBCS) Financial Statements (2024 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)

9/30/2023
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 investments1,4203,9393,5676411,100155
Cash and cash equivalents1,4203,9393,5676411,100155
Restricted cash and investments  411351207818
Receivables2,9053,507    
Other undisclosed current assets638522    
Total current assets:4,9637,9693,9789931,307972
Noncurrent Assets
Property, plant and equipment35,45437,02538,23836,39535,88536,380
Intangible assets, net (including goodwill)1,0771,0771,077395  
Goodwill1,0771,0771,077379  
Intangible assets, net (excluding goodwill)    15  
Restricted cash and investments996854    
Total noncurrent assets:37,52738,95539,31536,78935,88536,380
Other undisclosed assets   2,6392,0961,104878
TOTAL ASSETS:42,49046,92445,93239,87838,29638,230
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities, including:3,6444,364   20
Settlement liabilities    20
Interest and dividends payable8    
Accrued liabilities8     
Other undisclosed accounts payable and accrued liabilities3,6374,356    
Debt2,29715038,13036,95435,72134,282
Derivative instruments and hedges, liabilities     395
Due to related parties900172    
Other liabilities  931    
Other undisclosed current liabilities86,170    
Total current liabilities:6,84811,78738,13036,95435,72434,398
Noncurrent Liabilities
Long-term debt and lease obligation34,39731,055    
Long-term debt, excluding current maturities34,39731,055    
Other undisclosed noncurrent liabilities291980    
Total noncurrent liabilities:34,68932,035    
Other undisclosed liabilities   4,5872,5571,5871,550
Total liabilities:41,53743,82242,71739,51237,31135,948
Equity
Equity, attributable to parent, including:1773,1023,4145711,1832,465
Common stock1531501,3431,3721,3401,315
Additional paid in capital13,76813,49410,33110,38510,1379,423
Accumulated deficit(13,744)(11,318)(9,036)(11,962)(11,071)(9,048)
Other undisclosed equity, attributable to parent 776776776776776
Equity, attributable to noncontrolling interest   (198)(205)(198)(183)
Other undisclosed equity 776     
Total equity:9533,1023,2163679852,282
Other undisclosed liabilities and equity   0   
TOTAL LIABILITIES AND EQUITY:42,49046,92445,93239,87838,29638,230

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

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Revenues40,60029,28720,9296,9303,623 
Gross profit:40,60029,28720,9296,9303,623 
Operating expenses(40,886)(30,016)(17,554)(5,629)(3,148)(2,665)
Other undisclosed operating income      3,130
Operating income (loss):(287)(729)3,3751,301475465
Nonoperating income (expense)(2,109)(1,512)4132,1692,4823,466
Other nonoperating income168635    
Interest and debt expense(46)(2,564)(3,868)(2,137)276(175)
Income (loss) from continuing operations:(2,442)(4,805)(80)1,3333,2333,756
Income (loss) before gain (loss) on sale of properties:(4,805)(80)1,3333,2333,756
Other undisclosed net income (loss) 462,5643,043(2,201)(5,240)(6,757)
Net income (loss):(2,396)(2,241)2,962(868)(2,007)(3,002)
Net income (loss) attributable to noncontrolling interest  (11)(7)6155
Other undisclosed net income attributable to parent      
Net income (loss) attributable to parent:(2,396)(2,252)2,956(862)(1,992)(2,997)
Preferred stock dividends and other adjustments(30)(30)(30)(30)(30)(30)
Net income (loss) available to common stockholders, basic:(2,426)(2,282)2,926(892)(2,022)(3,027)
Other undisclosed net income (loss) available to common stockholders, diluted 4,56430   
Net income (loss) available to common stockholders, diluted:(2,426)2,2822,956(892)(2,022)(3,027)

Comprehensive Income ($ in thousands)

9/30/2023
TTM
12/31/2022
12/31/2021
12/31/2020
12/31/2019
12/31/2018
12/31/2017
Net income (loss):(2,396)(2,241)2,962(868)(2,007)(3,002)
Comprehensive income (loss):(2,396)(2,241)2,962(868)(2,007)(3,002)
Comprehensive income (loss), net of tax, attributable to noncontrolling interest  (11)(7)6155
Comprehensive income (loss), net of tax, attributable to parent:(2,396)(2,252)2,956(862)(1,992)(2,997)

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.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: