| Schedule of revenues and net income from operations |
| Schedule of revenues and net income from operations | |
| | |
| |
| | |
As of December 31, | |
| Asset: | |
2025 | | |
2024 | |
| Healthcare | |
$ | 27,349,522 | | |
$ | 21,298,866 | |
| Real Estate | |
| 540,522 | | |
| 576,478 | |
| Corporate | |
| 1,196,901 | | |
| 2,050,335 | |
| Consolidated assets | |
$ | 29,086,945 | | |
$ | 23,925,679 | |
| | |
Years Ended December 31, | |
| | |
2025 | | |
2024 | |
| Revenues: | |
| | |
| |
| Healthcare | |
$ | 11,535,577 | | |
$ | 8,270,126 | |
| Real Estate | |
| – | | |
| – | |
| Consolidated revenues | |
$ | 11,535,577 | | |
$ | 8,270,126 | |
| | |
| | | |
| | |
| Cost of Sales: | |
| | | |
| | |
| Healthcare | |
$ | 4,329,330 | | |
$ | 3,841,628 | |
| Real Estate | |
| – | | |
| – | |
| Consolidated cost of sales | |
$ | 4,329,330 | | |
$ | 3,841,628 | |
| | |
| | | |
| | |
| Operating Expenses: | |
| | | |
| | |
| Healthcare | |
| | | |
| | |
| Depreciation expense | |
$ | 5,652 | | |
$ | 13,461 | |
| Loss on disposal of fixed assets | |
| 12,593 | | |
| – | |
| Selling, General and Administrative | |
| 1,193,654 | | |
| 1,148,971 | |
| Total Healthcare | |
| 1,211,899 | | |
| 1,162,432 | |
| Real Estate | |
| 36,327 | | |
| 8,949 | |
| Corporate, administration and other expenses (a) | |
| 4,857,435 | | |
| 3,450,621 | |
| Consolidated Operating Expenses | |
$ | 6,105,661 | | |
$ | 4,622,002 | |
| | |
| | | |
| | |
| Income (Loss) from Operations from Subsidiaries: | |
| | | |
| | |
| Healthcare | |
$ | 5,994,348 | | |
$ | 3,266,065 | |
| Real Estate | |
| (36,327 | ) | |
| (8,949 | ) |
| Income (loss) from operations from subsidiaries | |
| 5,958,021 | | |
| 3,257,116 | |
| Loss from operations from Cardiff Lexington | |
| (4,857,435 | ) | |
| (3,450,620 | ) |
| Total income (loss) from operations | |
$ | 1,100,586 | | |
$ | (193,504 | ) |
| | |
| | | |
| | |
| Income (Loss) before taxes | |
| | | |
| | |
| Healthcare | |
$ | 5,992,751 | | |
$ | 3,266,065 | |
| Real Estate | |
| (36,327 | ) | |
| (8,949 | ) |
| Corporate, administration and non-operating expenses (b) | |
| (11,702,301 | ) | |
| (6,448,803 | ) |
| Consolidated loss before taxes | |
$ | (5,745,877 | ) | |
$ | (3,191,687 | ) |
| (a) |
Corporate, administration and other operating expenses includes payroll, management fees, stock compensation, legal fees, accounting fees and public company/investor relations fees. |
| |
|
| (b) |
Corporate, administration and other non-operating expenses includes corporate selling, general and administrative expenses as noted above as well as interest, amortization of notes payable discount and gain on settlement of debt. |
|