AMERICAN SHARED HOSPITAL SERVICES
For the period ended Dec 31, 2024. Filed Apr 4, 2025.
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FY2024 · Filed Apr 4, 2025
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, | ||
|---|---|---|
| 2024 | 2023 | |
| ASSETS | ||
| CURRENT ASSETS | ||
| Cash and cash equivalents | $11,025,000 | $13,690,000 |
| Restricted cash | 250,000 | 118,000 |
| Accounts receivable, net of allowance for credit losses of $265,000 and $100,000 at December 31, 2024 and December 31, 2023, respectively | 11,610,000 | 4,343,000 |
| Tax receivables | 550,000 | — |
| Other receivables | 503,000 | 504,000 |
| Prepaid maintenance | 1,392,000 | 1,275,000 |
| Prepaid expenses and other current assets | 928,000 | 526,000 |
| Total current assets | 26,258,000 | 20,456,000 |
| PROPERTY AND EQUIPMENT, net | 31,125,000 | 25,844,000 |
| LAND | 19,000 | 19,000 |
| GOODWILL | 1,265,000 | 1,265,000 |
| INTANGIBLE ASSETS | 78,000 | 78,000 |
| RIGHT OF USE ASSETS, net | 1,015,000 | 57,000 |
| OTHER ASSETS | 437,000 | 443,000 |
| TOTAL ASSETS | $60,197,000 | $48,162,000 |
| LIABILITIES AND SHAREHOLDERS’ EQUITY | ||
| CURRENT LIABILITIES | ||
| Accounts payable | $1,562,000 | $315,000 |
| Employee compensation and benefits | 1,368,000 | 757,000 |
| Other accrued liabilities | 1,888,000 | 1,226,000 |
| Related party liabilities | 1,320,000 | 1,961,000 |
| Asset retirement obligations, related party (includes $250,000 and $250,000 non-related party at December 31, 2024 and 2023, respectively) | 1,200,000 | 650,000 |
| Income taxes payable | — | 1,229,000 |
| Current portion of lease liabilities | 226,000 | 57,000 |
| Line of credit | — | 2,500,000 |
| Current portion of long-term debt, net | 2,841,000 | 2,084,000 |
| Total current liabilities | 10,405,000 | 10,779,000 |
| LONG-TERM LEASE LIABILITIES, less current portion | 1,500,000 | — |
| LONG-TERM DEBT, net, less current portion | 17,341,000 | 11,041,000 |
| DEFERRED INCOME TAXES | 924,000 | 63,000 |
| TOTAL LIABILITIES | 30,170,000 | 21,883,000 |
| COMMITMENTS AND CONTINGENCIES (See Note 10) | ||
| SHAREHOLDERS’ EQUITY | ||
| Common stock | ||
| Common stock, no par value (10,000,000 authorized shares; Issued and outstanding shares – 6,420,000 at December 31, 2024 and 6,300,000 at December 31, 2023) | 10,763,000 | 10,763,000 |
| Additional paid-in capital | 8,605,000 | 8,232,000 |
| Retained earnings | 5,815,000 | 3,629,000 |
| Total equity- American Shared Hospital Services | 25,183,000 | 22,624,000 |
| Non-controlling interests in subsidiaries | 4,844,000 | 3,655,000 |
| Total shareholders’ equity | 30,027,000 | 26,279,000 |
| TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY | $60,197,000 | $48,162,000 |
See accompanying notes
F- 2
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