Elite Health Systems Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $3.8M | $4.0M | $466.0K | $1.5M | $2.2M | $2.0M | $1.3M | $1.5M |
| Accounts Receivable | — | — | $0 | $0 | $0 | $346.0K | $356.0K | $318.0K |
| Inventory | — | — | — | — | — | — | — | — |
| Total Current Assets | $4.5M | $4.2M | $527.0K | $1.6M | $2.2M | $3.0M | $2.7M | $4.1M |
| Property, Plant & Equipment | $7.0K | $72.0K | $85.0K | $20.0K | $59.0K | $94.0K | $128.0K | $0 |
| Goodwill | $984.0K | $0 | — | $0 | $315.0K | $0 | — | — |
| Intangible Assets (Excl. Goodwill) | — | — | — | — | — | — | — | — |
| Total Assets | $6.7M | $4.3M | $1.3M | $1.7M | $3.7M | $4.2M | $5.0M | $6.2M |
| Liabilities | ||||||||
| Accounts Payable | $922.0K | $60.0K | $59.0K | $86.0K | $169.0K | $170.0K | $255.0K | $227.0K |
| Total Current Liabilities | $1.3M | $94.0K | $607.0K | $280.0K | $626.0K | $410.0K | $1.6M | $1.9M |
| Long-Term Debt | — | — | — | — | — | — | — | — |
| Total Liabilities | $1.4M | $143.0K | $676.0K | $291.0K | $660.0K | $487.0K | $1.8M | $3.2M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-12.2M | $-4.4M | $-2.4M | $-1.7M | $-373.0K | $508.0K | $-25.0K | $-167.0K |
| Total Stockholders' Equity | $5.3M | $4.2M | $645.0K | $1.2M | $2.6M | $3.7M | $3.2M | $3.0M |