v3.25.3
Consolidated Balance Sheets (Unaudited) - USD ($)
Sep. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 127,431,318 $ 125,044,092
Inventories 1,677,668 1,494,891
Finance lease receivables, current - related parties 9,757,901 5,992,585
Income tax recoverable 841,677 0
Customer loans receivable, current 11,593,195 10,382,537
Prepaid expenses and other current assets 14,707,082 11,276,802
Total current assets 227,203,222 184,451,020
Non-current assets:    
Property and equipment, net 6,995,263 8,771,902
Intangible assets, net 23,302,796 1,590,052
Goodwill, net 4,924,699 4,613,784
Cryptocurrencies 570,286 0
Finance lease receivables, non-current - related parties 14,709,715 8,397,582
Operating lease right-of-use assets 4,886,486 5,267,056
Finance lease right-of-use assets 478,742 0
Deferred tax assets 607,731 9,798,071
Customer loans receivable, non-current 6,553,611 5,023,551
Long-term prepayments 396,242 1,745,801
Other assets 7,256,463 15,553,453
Total non-current assets 94,159,863 81,632,134
Total assets 321,363,085 266,083,154
Current liabilities:    
Current portion of long-term loans 3,044,470 96,824
Notes and other payables, current - related parties 1,637,370 26,255
Income tax payable 766,796 18,705,851
Operating lease liabilities, current 3,545,667 4,341,522
Finance lease liabilities, current 147,603 0
Accrued liabilities and other current liabilities 4,561,978 8,103,194
Total current liabilities 44,584,834 61,191,890
Non-current liabilities:    
Long-term loans 18,078,324 6,502,682
Notes and other payables, non-current - related parties 0 5,334
Deferred tax liabilities 7,769,090 926,023
Operating lease liabilities, non-current 1,564,370 1,241,526
Finance lease liabilities, non- current portion 136,677 0
Other liabilities 1,170,589 1,193,541
Total non-current liabilities 28,719,050 9,869,106
Total liabilities 73,303,884 71,060,996
Stockholders’ equity:    
Preferred stock ($0.0001 par value, 20,000,000 shares authorized; no shares issued and outstanding as of September 30, 2025 and December 31, 2024) 0 0
Common stock ($0.0001 par value, 400,000,000 shares authorized, 103,881,251 and 103,020,816 shares issued, 102,576,943 and 102,750,816 shares outstanding as of September 30, 2025 and December 31, 2024, respectively) 10,388 10,302
Additional paid in capital 72,196,114 62,513,923
Treasury stock (at cost, 1,304,308 and 270,000 shares as of September 30, 2025 and December 31, 2024, respectively) (7,749,997) (2,700,000)
Retained earnings 226,248,329 189,463,007
Accumulated other comprehensive loss (42,716,542) (54,178,075)
Total SBC Medical Group Holdings Incorporated stockholders’ equity 247,988,292 195,109,157
Non-controlling interests 70,909 (86,999)
Total stockholders' equity 248,059,201 195,022,158
Total liabilities and stockholders’ equity 321,363,085 266,083,154
Nonrelated Party [Member]    
Current assets:    
Accounts receivable 2,609,108 1,413,433
Non-current assets:    
Long-term investments, net 4,608,439 3,049,972
Current liabilities:    
Accounts payable 17,258,372 13,875,179
Advances from customers 1,030,416 820,898
Related Party [Member]    
Current assets:    
Accounts receivable 58,585,273 28,846,680
Non-current assets:    
Long-term investments, net 18,869,390 17,820,910
Current liabilities:    
Accounts payable 2,842,877 659,044
Advances from customers 6,957,477 11,739,533
Due to related party $ 2,791,808 $ 2,823,590