Company: EHSI
Filing Date: 2025-08-13
Form Type: 10-Q
Source: 0001437749-25-026553
Chunk: 5

Company: Elite Health Systems Inc.
Filing Date: 2025-08-13
Form: 10-Q
Item: Part I, Item 1
Chunk 5
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			13,484,924

The accompanying notes to condensed consolidated financial statements are an integral part hereof.

4

Table of Contents

ELITE HEALTH SYSTEMS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

			Six Months Ended

			June 30,

			2025

			2024

			Revenue

			$
			-

			$
			-

			Costs and expenses:

			Selling, general and administrative

			872,000

			913,000

			Total expense

			872,000

			913,000

			Operating Income ( loss)

			(872,000
			)

			(913,000
			)

			Total other income (expense)

			Interest income (expense)

			7,000

			(1,000
			)

			Income (loss) from investments in unconsolidated entities, net

			-

			4,000

			Total other (expense)

			7,000

			3,000

			Income (loss) before income taxes

			(865,000
			)

			(910,000
			)

			Reversal of provision for income taxes

			163,000

			Net Income (loss)

			(865,000
			)

			(747,000
			)

			Net income (loss) attributable to noncontrolling interests

			-

			-

			Net income (loss) attributable to Elite Health Systems Inc.

			$
			(865,000
			)
			 
			$
			(747,000
			)

			Basic and diluted net income (loss) per share attributable to Elite Health Systems Inc

			$
			(0.04
			)
			 
			$
			(0.06
			)

			Weighted average common shares outstanding, basic and diluted

			21,246,941

			12,692,067

The accompanying notes to condensed consolidated financial statements are an integral part hereof. 

5

ELITE HEALTH SYSTEMS INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF  EQUITY

(UNAUDITED)

			Additional