v3.26.1
Consolidated Balance Sheets - USD ($)
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 184,311,213 $ 163,773,838
Inventories 2,979,818 2,792,617
Short-term investments - related parties 307,922 319,193
Finance lease receivables, current - related parties 13,725,781 12,832,355
Income tax recoverable 1,033,646 1,175,510
Customer loans receivable, current 4,991,848 8,705,999
Prepaid expenses and other current assets 7,239,514 11,724,852
Other receivables - related parties 1,560,521 0
Total current assets 259,387,524 231,224,115
Non-current assets:    
Property and equipment, net 7,414,691 7,539,392
Intangible assets, net 45,686,697 47,742,888
Long-term investments, net 1,287,477 1,299,366
Equity method investments 19,743,990 20,312,642
Goodwill, net 15,179,809 15,432,061
Finance lease receivables, non-current - related parties 11,673,777 13,746,513
Operating lease right-of-use assets 10,147,179 8,366,569
Finance lease right-of-use assets 362,302 450,874
Deferred tax assets 8,103,446 4,014,294
Customer loans receivable, non-current 2,887,006 4,824,977
Long-term prepayments 420,043 393,270
Other assets 7,157,667 7,263,692
Total non-current assets 147,271,498 149,223,831
Total assets 406,659,022 380,447,946
Current liabilities:    
Bank and other borrowings, current 11,816,235 9,099,046
Income tax payable 19,313,068 8,821,853
Operating lease liabilities, current 5,404,269 4,416,960
Finance lease liabilities, current 99,627 132,946
Accrued liabilities and other current liabilities 13,087,484 11,544,695
Total current liabilities 78,459,956 61,121,003
Non-current liabilities:    
Bank and other borrowings, non-current 25,938,581 33,734,438
Deferred tax liabilities 15,777,663 16,374,832
Operating lease liabilities, non-current 4,897,286 4,136,257
Finance lease liabilities, non- current portion 77,080 116,527
Other liabilities 1,593,314 1,660,183
Total Non-current Liabilities 48,283,924 56,022,237
Total Liabilities 126,743,880 117,143,240
Commitments and contingencies (Note 19)
Stockholders’ equity:    
Preferred stock ($0.0001 par value, 20,000,000 shares authorized; no shares issued and outstanding as of June 30, 2026 and December 31, 2025) 0 0
Common stock ($0.0001 par value, 400,000,000 shares authorized, 103,881,251 shares issued, and 102,576,943 shares outstanding as of June 30, 2026 and December 31, 2025) 10,388 10,388
Additional paid in capital 75,715,942 72,867,424
Treasury stock (at cost, 1,304,308 shares as of June 30, 2026 and December 31, 2025) (7,749,997) (7,749,997)
Retained earnings 262,449,513 240,448,620
Accumulated other comprehensive loss (66,589,505) (57,294,239)
Total SBC Medical Group Holdings Incorporated stockholders’ equity 263,836,341 248,282,196
Non-controlling interests 16,078,801 15,022,510
Total stockholders' equity 279,915,142 263,304,706
Total liabilities and stockholders’ equity 406,659,022 380,447,946
Nonrelated Party [Member]    
Current assets:    
Accounts receivable 2,488,575 2,388,021
Current liabilities:    
Accounts payable 22,832,724 16,988,384
Advances from customers 980,889 1,415,762
Related Party [Member]    
Current assets:    
Accounts receivable 40,748,686 27,511,730
Non-current assets:    
Long-term investments in MCs - related parties 17,207,414 17,837,293
Current liabilities:    
Accounts payable 931,810 651,463
Advances from customers 3,993,850 5,357,221
Due to related party $ 0 $ 2,692,673