Company: EHSI
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001437749-25-017141
Chunk: 18

Company: Elite Health Systems Inc.
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 1
Chunk 18
---
 to be issued

			-

			238,000

			Additional paid-in capital

			8,883,000

			8,185,000

			Accumulated deficit

			(4,869,000
			)

			(4,445,000
			)

			Total stockholders' equity

			4,228,000

			4,178,000

			TOTAL LIABILITIES AND EQUITY

			$
			4,319,000

			$
			4,321,000

See accompanying notes to the consolidated financial statements

3

Table of Contents

ELITE HEALTH SYSTEMS INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS

(UNAUDITED)

			Three Months Ended

			March 31,

			2025

			2024

			Revenue

			$
			-

			$
			-

			Costs and expenses:

			Selling, general and administrative

			427,000

			476,000

			Total expense

			427,000

			476,000

			Operating Income ( loss)

			(427,000
			)

			(476,000
			)

			Total other income (expense)

			Interest income (expense)

			3,000

			(1,000
			)

			Income (loss) from investments in unconsolidated entities, net

			-

			2,000

			Total other (expense)

			3,000

			1,000

			Income (loss) before income taxes

			(424,000
			)

			(475,000
			)

			Reversal of provision for income taxes

			163,000

			Net Income (loss)

			(424,000
			)

			(312,000
			)

			Net income (loss) attributable to noncontrolling interests

			-

			-

			Net income (loss) attributable to Elite Health Systems Inc.
			 
			$
			(424,000
			)
			 
			$
			(312,000
			)

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