AMERICAN SHARED HOSPITAL SERVICES
For the period ended Dec 31, 2024. Filed Apr 4, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
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.
See the whole filing, with its images and exhibitsContents
Statements of cash flows F-
AMERICAN SHARED HOSPITAL SERVICES CONSOLIDATED STATEMENTS OF CASH FLOWS
| YEARS ENDED December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| OPERATING ACTIVITIES | ||
| Net income | $1,532,000 | $265,000 |
| Adjustments to reconcile net income to net cash from operating activities: | ||
| Depreciation and amortization | 6,174,000 | 5,165,000 |
| Non cash lease expense | 228,000 | (34,000) |
| Accretion of deferred issuance costs | 95,000 | 46,000 |
| Loss on write down of impaired assets | 3,084,000 | 940,000 |
| Gain on sale of equipment | (155,000) | — |
| Bargain purchase gain RI Acquisition, net of deferred income taxes | (3,794,000) | — |
| Deferred income taxes | (359,000) | (759,000) |
| Accretion of unfavorable lease position | (65,000) | — |
| Stock-based compensation | 373,000 | 389,000 |
| Changes in operating assets and liabilities: | ||
| Receivables | (6,939,000) | (719,000) |
| Prepaid expenses and other assets | (513,000) | 21,000 |
| Asset retirement obligations, related party | (588,000) | — |
| Related party liabilities | 324,000 | (491,000) |
| Lease liability | (228,000) | — |
| Accounts payable and accrued liabilities | 2,227,000 | (79,000) |
| Income taxes payable | (1,229,000) | 974,000 |
| Net cash provided by operating activities | 167,000 | 5,718,000 |
| INVESTING ACTIVITIES | ||
| Payment for purchases of property and equipment | (7,938,000) | (6,273,000) |
| Cash received in excess of cash paid for RI Acquisition | 538,000 | — |
| Proceeds from sale of equipment | 295,000 | — |
| Net cash (used in) investing activities | (7,105,000) | (6,273,000) |
| FINANCING ACTIVITIES | ||
| Principal payments on long-term debt | (2,734,000) | (2,129,000) |
| Principal payments on line of credit | (13,400,000) | (1,400,000) |
| Advances on line of credit | 10,900,000 | 3,900,000 |
| Long-term debt financing on purchase of property and equipment | 9,860,000 | 1,750,000 |
| Debt issuance costs long-term debt | (164,000) | (9,000) |
| Distributions to non-controlling interests | (95,000) | — |
| Capital contributions from non-controlling interests | 38,000 | — |
| Principal payments on short-term financing prepaid insurance | — | (202,000) |
| Net cash provided by financing activities | 4,405,000 | 1,910,000 |
| Net change in cash and cash equivalents | (2,533,000) | 1,355,000 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of year | 13,808,000 | 12,453,000 |
| CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of year | $11,275,000 | $13,808,000 |
F- 5
| SUPPLEMENTAL CASH FLOW DISCLOSURE | ||
|---|---|---|
| Cash paid for interest | $1,404,000 | $1,066,000 |
| Cash paid for income taxes | $1,846,000 | $297,000 |
| SCHEDULE OF NONCASH INVESTING AND FINANCING ACTIVITIES | ||
| Equipment included in accounts payable and accrued liabilities | $990,000 | $1,955,000 |
| Increase in ARO obligation | $1,138,000 | $290,000 |
| DETAIL OF CASH, CASH EQUIVALENTS AND RESTRICTED CASH AT END OF PERIOD | ||
| Cash and cash equivalents | $11,025,000 | $13,690,000 |
| Restricted cash | 250,000 | 118,000 |
| Cash, cash equivalents, and restricted cash at end of period | $11,275,000 | $13,808,000 |
F- 6
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.