v3.26.1
Consolidated Statements of Operations and Comprehensive Loss - USD ($)
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Revenues      
Total revenues $ 11,374,996 $ 15,864,773 $ 19,433,945
Cost of revenues      
Total cost of revenues (6,253,455) (6,952,560) (10,921,753)
Gross Profit 5,121,541 8,912,213 8,512,192
Operating Expenses      
Selling and marketing expenses (1,490,594) (4,010,382) (6,710,757)
General and administrative expenses (9,814,087) (4,990,647) (6,697,309)
Research and development expenses (8,085) (252,451) (514,411)
Loss from disposal of property and equipment (1,719,442)
Impairment of goodwill (5,617,865)
Impairment of intangible assets (536,206)
Total Operating Expenses (11,312,766) (9,253,480) (21,795,990)
Loss from Operations (6,191,225) (341,267) (13,283,798)
Interest income, net 343,128 243,008 237,054
Other income, net 79,412 160,015 1,069,745
(Loss) Income Before Income Taxes (5,768,685) 61,756 (11,976,999)
Income tax (expenses) benefits (46,182) (335,169) 669,760
Net Loss (5,814,867) (273,413) (11,307,239)
Net loss attributable to noncontrolling interests (495,286) (369,816) (28,672)
Net Loss Attributable to Zhongchao Inc.’s shareholders (6,310,153) (643,229) (11,335,911)
Other Comprehensive Loss      
Foreign currency translation adjustment 556,434 (561,618) (809,403)
Comprehensive Loss (5,258,433) (835,031) (12,116,642)
Total comprehensive (loss) income attributable to noncontrolling interests (654,124) (281,757) 59,654
Total Comprehensive Loss Attributable to Zhongchao Inc.’s Shareholders $ (5,912,557) $ (1,116,788) $ (12,056,988)
Weighted Average Number of Ordinary Share Outstanding *      
Basic (in Shares) [1] 3,418,290 650,678 325,419
Diluted (in Shares) [1] 3,418,290 650,678 325,419
Loss per Share      
Basic (in Dollars per share) $ (1.85) $ (0.99) $ (34.83)
Diluted (in Dollars per share) $ (1.85) $ (0.99) $ (34.83)
Service      
Revenues      
Total revenues $ 10,678,554 $ 13,712,964 $ 10,406,734
Cost of revenues      
Total cost of revenues (5,665,996) (5,510,088) (5,162,425)
Product      
Revenues      
Total revenues 696,442 2,151,809 9,027,211
Cost of revenues      
Total cost of revenues $ (587,459) $ (1,442,472) $ (5,759,328)
[1] Retrospectively restated for the effect of share consolidation (see Note 21).