| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 417,125 | 559,983 | ||
| Accounts receivable, net | 3,194,341 | 3,042,377 | ||
| Prepaid expenses and other current assets | 344,564 | 401,554 | ||
| Total current assets | 3,956,030 | 4,003,914 | ||
| Restricted cash | 806,886 | 771,940 | ||
| Property and equipment, gross | 43,374,038 | - | ||
| Less accumulated depreciation | 15,949,507 | - | ||
| Property and equipment, net | 27,424,531 | 27,784,997 | ||
| Goodwill | 1,076,908 | 1,076,908 | ||
| Total assets | 33,264,355 | 33,637,759 | ||
| Accounts payable and accrued liabilities | 7,201,797 | 7,950,044 | ||
| Dividends payable | 83,100 | 75,600 | ||
| Short-term debt, related parties-Related Party | 775,000 | 775,000 | ||
| Current maturities of long-term debt, net of issuance costs of 16,736 and 17,160, respectively | 11,764,959 | 11,326,024 | ||
| Lines of credit | 74,442 | 708,294 | ||
| Other current liabilities | 400,000 | 400,000 | ||
| Total current liabilities | 20,299,298 | 21,234,962 | ||
| Long-term debt, net of issuance costs of 422,648 and 434,776, respectively | 18,512,144 | 18,696,749 | ||
| Lease security deposit | 104,800 | 102,800 | ||
| Total liabilities | 38,916,242 | 40,034,511 | ||
| Preferred stock value-Series APreferred Stock | 401,000 | 401,000 | ||
| Preferred stock value-Series DPreferred Stock | 375,000 | 375,000 | ||
| Common stock - 0.05 par value 800,000,000 shares authorized, 3,067,059 shares issued and outstanding at september 30, 2025 and december 31, 2024 | 153,352 | 153,352 | ||
| Additional paid-in capital | 13,852,028 | 13,852,028 | ||
| Accumulated deficit | -20,433,267 | -21,178,132 | ||
| Total selectis health, inc. stockholders deficit | -5,651,887 | -6,396,752 | ||
| Total liabilities and stockholders deficit | 33,264,355 | 33,637,759 | ||
SELECTIS HEALTH, INC. (GBCS)
SELECTIS HEALTH, INC. (GBCS)