AMERICAN SHARED HOSPITAL SERVICES
For the period ended Dec 31, 2023. Filed Apr 1, 2024.
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FY2023 · Filed Apr 1, 2024
AMS$1.22+5.2%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Balance sheets F-
AMERICAN SHARED HOSPITAL SERVICES CONSOLIDATED BALANCE SHEETS
| December 31, | ||
|---|---|---|
| 2023 | 2022 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $13,690,000 | $12,335,000 |
| Restricted cash | 118,000 | 118,000 |
| Accounts receivable, net of allowance for credit losses of $100,000 At December 31, 2023 and December 31, 2022 | 4,343,000 | 3,801,000 |
| Other receivables | 504,000 | 327,000 |
| Prepaid maintenance | 1,275,000 | 1,245,000 |
| Prepaid expenses and other current assets | 526,000 | 897,000 |
| Total current assets | 20,456,000 | 18,723,000 |
| PROPERTY AND EQUIPMENT, net | 25,844,000 | 23,467,000 |
| LAND | 19,000 | 19,000 |
| GOODWILL | 1,265,000 | 1,265,000 |
| INTANGIBLE ASSETS | 78,000 | 78,000 |
| RIGHT OF USE ASSETS, net | 57,000 | 317,000 |
| OTHER ASSETS | 443,000 | 87,000 |
| TOTAL ASSETS | $48,162,000 | $43,956,000 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $315,000 | $230,000 |
| Employee compensation and benefits | 757,000 | 735,000 |
| Other accrued liabilities | 1,226,000 | 1,544,000 |
| Related party liabilities | 1,961,000 | 497,000 |
| Asset retirement obligations, related party (includes $250,000 and $120,000 non-related party at December 31, 2023 and 2022, respectively) | 650,000 | 360,000 |
| Income taxes payable | 1,229,000 | 255,000 |
| Current portion of lease liabilities | 57,000 | 292,000 |
| Line of credit | 2,500,000 | — |
| Current portion of long-term debt, net | 2,084,000 | 1,262,000 |
| Total current liabilities | 10,779,000 | 5,175,000 |
| LONG-TERM LEASE LIABILITIES, less current portion | — | 59,000 |
| LONG-TERM DEBT, net, less current portion | 11,041,000 | 12,205,000 |
| DEFERRED REVENUE, less current portion | — | 70,000 |
| DEFERRED INCOME TAXES | 63,000 | 822,000 |
| TOTAL LIABILITIES | 21,883,000 | 18,331,000 |
| COMMITMENTS AND CONTINGENCIES (See Note 10) | ||
| SHAREHOLDERS’ EQUITY | ||
| Common stock | ||
| Common stock, no par value (10,000,000 authorized shares; Issued and outstanding shares – 6,300,000 at December 31, 2023 and 6,184,000 at December 31, 2022 | 10,763,000 | 10,763,000 |
| Additional paid-in capital | 8,232,000 | 7,843,000 |
| Retained earnings | 3,629,000 | 3,019,000 |
| Total equity- American Shared Hospital Services | 22,624,000 | 21,625,000 |
| Non-controlling interests in subsidiaries | 3,655,000 | 4,000,000 |
| Total shareholders’ equity | 26,279,000 | 25,625,000 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $48,162,000 | $43,956,000 |
See accompanying notes
F- 2
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