v3.25.2
Condensed Consolidated Balance Sheets (Current Period Unaudited) - USD ($)
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 11,081,000 $ 11,025,000
Restricted cash 250,000 250,000
Accounts receivable, net of allowance for credit losses of $380,000 and $265,000 at June 30, 2025 and at December 31, 2024 9,576,000 11,610,000
Tax receivables 1,200,000 550,000
Other receivables 1,115,000 503,000
Prepaid maintenance 486,000 1,392,000
Prepaid expenses and other current assets 725,000 928,000
Total current assets 24,433,000 26,258,000
Property and equipment, net 33,027,000 31,125,000
Land 1,305,000 19,000
Goodwill 1,265,000 1,265,000
Intangible asset 78,000 78,000
Right of use assets, net 3,011,000 1,015,000
Other assets 375,000 437,000
Total assets 63,494,000 60,197,000
Current liabilities:    
Accounts payable 806,000 1,562,000
Employee compensation and benefits 955,000 1,368,000
Other accrued liabilities 2,042,000 1,888,000
Asset retirement obligations, related party (includes $250,000 and $250,000 non-related party at June 30, 2025 and December 31, 2024) 1,200,000 1,200,000
Current portion of lease liabilities 87,000 226,000
Line of credit 5,000,000 0
Current portion of long-term debt, net 9,872,000 2,841,000
Total current liabilities 20,860,000 10,405,000
Long-term lease liabilities, less current portion 3,640,000 1,500,000
Long-term debt, net, less current portion 9,222,000 17,341,000
Deferred income taxes 924,000 924,000
Total liabilities 34,646,000 30,170,000
Commitments (see Note 8)
Shareholders' equity:    
Common stock, no par value (10,000,000 authorized shares; Issued and outstanding shares - 6,480,000 at June 30, 2025 and 6,420,000 at December 31, 2024) 10,763,000 10,763,000
Additional paid-in capital 8,808,000 8,605,000
Retained earnings 4,910,000 5,815,000
Total equity-American Shared Hospital Services 24,481,000 25,183,000
Non-controlling interests in subsidiaries 4,367,000 4,844,000
Total shareholders' equity 28,848,000 30,027,000
Total liabilities and shareholders' equity 63,494,000 60,197,000
Related Party [Member]    
Current liabilities:    
Related party liabilities $ 898,000 $ 1,320,000