GRST · As filed with the SEC
Ethema Health balance sheet, by fiscal year
The statement as Ethema Health presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.
CONSOLIDATED BALANCE SHEETS · USD
| USD | FY2025 Dec 31, 2025 | FY2024 Dec 31, 2024 | FY2023 Dec 31, 2023 | FY2022 Dec 31, 2022 | FY2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and Cash Equivalents | 59,509 | 244,771 | 68,573 | 140,757 | 48,822 |
| Accounts Receivable | 1,446,366 | 260,841 | 313,338 | 337,074 | 176,011 |
| Prepaid Expenses | 51,572 | 23,146 | 18,159 | 44,718 | 29,731 |
| Other Non-Operating Current Assets | — | — | 3,030 | 20,347 | 17,235 |
| Total current assets | 1,557,447 | 528,758 | 403,100 | 542,896 | 271,799 |
| Non-current assets | |||||
| Due on sale of subsidiary | — | — | — | — | 5,115 |
| Property, Plant and Equipment | 1,377,358 | 699,688 | 508,401 | 2,974,395 | 3,012,663 |
| Total estimated amortization expense | 2,972,516 | 536,971 | 894,952 | 1,252,932 | 1,610,913 |
| Goodwill | 3,427,847 | — | — | — | — |
| Operating Lease Right-of-Use Asset | 10,540,982 | 9,920,592 | 9,323,723 | 1,393,071 | 1,653,816 |
| Right of use assets – Related Parties | 8,378,005 | — | — | — | — |
| Deposits paid | 512,824 | 472,393 | 389,000 | 400,000 | — |
| Total non-current assets | 27,209,532 | 11,629,644 | 11,116,076 | 6,020,398 | 6,282,507 |
| Total assets | 28,766,979 | 12,158,402 | 11,519,176 | 6,563,294 | 6,554,306 |
| Current liabilities | |||||
| Accounts Payable | 1,411,442 | 764,255 | 352,101 | 170,934 | 438,482 |
| Accrued Income Taxes | — | — | — | 248,644 | 658,836 |
| Short-Term Debt | — | 3,973,245 | 4,419,927 | 5,269,250 | 4,891,938 |
| Short-Term Debt | 888,315 | — | — | — | — |
| Assumed liability | 1,624,205 | — | — | — | — |
| Short-Term Debt | 4,017,962 | — | — | — | — |
| Short-Term Debt | 3,253,727 | 2,575,123 | 680,672 | 460,534 | 122,167 |
| Mortgage loans | — | — | — | 3,504,605 | 3,864,312 |
| Receivables funding | — | — | 211,961 | 416,731 | — |
| Government assistance loans | — | — | — | 14,818 | 157,367 |
| Government assistance loans | — | — | 14,962 | — | — |
| Short-Term Debt | 265,000 | 405,000 | — | — | — |
| Funding arrangements, net | 1,165,831 | 516,247 | — | — | — |
| Other Non-Operating Current Liabilities | 273,461 | 264,966 | — | — | — |
| Government assistance loans | 21,448 | 15,088 | — | — | — |
| Operating Lease Liability, Current | 537,884 | 299,102 | 38,563 | 287,017 | 241,083 |
| Operating lease liability – Related parties | 540,304 | — | — | — | — |
| Short-Term Debt | 6,195 | 9,829 | 8,426 | 7,891 | 7,386 |
| Other Non-Operating Current Liabilities | — | — | — | — | 515,901 |
| Dividends Payable | — | — | — | 194,829 | 105,049 |
| Related party payables | — | — | 2,572,292 | — | — |
| Short-Term Debt | 1,155,217 | 633,318 | — | — | — |
| Stock subscription liability | 198,600 | 198,600 | — | — | — |
| Total current liabilities | 15,359,591 | 9,654,773 | 8,298,904 | 13,289,131 | 13,516,802 |
| Non-current liabilities | |||||
| Government assistance loans | — | — | — | 79,555 | 47,326 |
| Government assistance loans | — | — | 20,520 | — | — |
| Deferred Tax Liabilities, Current | — | — | — | 217,451 | 273,057 |
| Third party loans | — | — | — | 578,335 | 646,176 |
| Bank loans | 3,663,982 | — | — | — | — |
| Note payable – Related Parties | 87,507 | — | — | — | — |
| Government assistance loans | — | 6,149 | — | — | — |
| Operating lease liability | 10,541,565 | 9,949,454 | 9,383,557 | 1,206,413 | 1,493,431 |
| Operating lease liability – Related parties | 8,023,085 | — | — | — | — |
| Finance lease liability | 1,168 | 6,593 | 16,475 | 24,952 | 32,895 |
| Deferred tax liability | 726,317 | — | — | — | — |
| Total non-current liabilities | 23,043,624 | 9,962,196 | 9,420,552 | 2,106,706 | 2,492,885 |
| Total liabilities | 38,403,215 | 19,616,969 | 17,719,456 | 15,395,837 | 16,009,687 |
| Preferred Stock | 47,650 | 47,650 | 40,000 | — | — |
| Preferred Class B | — | — | — | 400,000 | 400,000 |
| Preferred Class A | — | — | — | 40,000 | 40,000 |
| Total Stockholders' Equity | 77,262,839 | 77,290,539 | 37,290,539 | 37,290,539 | 35,790,539 |
| Additional Paid-In Capital | 25,013,783 | 24,986,083 | 26,187,925 | 23,419,917 | 22,791,350 |
| Discount for shares issued below par value | — | — | (27,363,367) | (27,363,367) | (26,013,367) |
| Accumulated other comprehensive loss | — | — | — | (5,065) | 816,532 |
| Discount for shares issued below par value | (65,363,367) | (65,363,367) | — | — | — |
| Retained Earnings | (46,597,141) | (44,419,472) | (42,355,377) | (43,484,751) | (44,103,311) |
| Total stockholders’ deficit | — | (7,458,567) | (6,200,280) | (10,102,727) | (10,678,257) |
| Noncontrolling Interest | — | — | — | 870,184 | 822,876 |
| Total stockholders’ deficit | (9,636,236) | — | (6,200,280) | (9,232,543) | (9,855,381) |
| Total liabilities and stockholders’ deficit | 28,766,979 | 12,158,402 | 11,519,176 | 6,563,294 | 6,554,306 |
As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.