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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 132,055,823 $ 125,044,092
Inventories 1,694,765 1,494,891
Finance lease receivables, current – related parties 7,281,088 5,992,585
Customer loans receivable, current 8,903,724 10,382,537
Prepaid expenses and other current assets 32,970,169 11,276,802
Total current assets 215,096,937 184,451,020
Non-current assets:    
Property and equipment, net 8,523,351 8,771,902
Intangible assets, net 1,543,779 1,590,052
Goodwill, net 4,780,616 4,613,784
Finance lease receivables, non-current – related parties 10,648,402 8,397,582
Operating lease right-of-use assets 5,152,104 5,267,056
Finance lease right-of-use assets 522,055
Deferred tax assets 2,513,653 9,798,071
Customer loans receivable, non-current 4,525,883 5,023,551
Long-term prepayments 1,922,709 1,745,801
Other assets 6,980,816 15,553,453
Total non-current assets 69,508,852 81,632,134
Total assets 284,605,789 266,083,154
Current liabilities:    
Current portion of long-term loans 66,950 96,824
Notes and other payables, current – related parties 1,422,976 26,255
Income tax payable 1,624,002 18,705,851
Operating lease liabilities, current 4,131,154 4,341,522
Finance lease liabilities, current 157,532
Accrued liabilities and other current liabilities 8,564,250 8,103,194
Total current liabilities 48,466,216 61,191,890
Non-current liabilities:    
Long-term loans 6,798,045 6,502,682
Notes and other payables, non-current – related parties 12,413 5,334
Deferred tax liabilities 346,432 926,023
Operating lease liabilities, non-current 1,312,819 1,241,526
Finance lease liabilities, non-current 195,572
Other liabilities 1,151,857 1,193,541
Total non-current liabilities 9,817,138 9,869,106
Total liabilities 58,283,354 71,060,996
Stockholders’ equity:    
Preferred stock ($0.0001 par value, 20,000,000 shares authorized; no shares issued and outstanding as of March 31, 2025 and December 31, 2024)
Common stock ($0.0001 par value, 400,000,000 shares authorized, 103,881,251 and 103,020,816 shares issued, 103,611,251 and 102,750,816 shares outstanding as of March 31, 2025 and December 31, 2024, respectively) 10,388 10,302
Additional paid-in capital 62,513,837 62,513,923
Treasury stock (at cost, 270,000 shares as of March 31, 2025 and December 31, 2024) (2,700,000) (2,700,000)
Retained earnings 210,965,453 189,463,007
Accumulated other comprehensive loss (44,343,412) (54,178,075)
Total SBC Medical Group Holdings Incorporated stockholders’ equity 226,446,266 195,109,157
Non-controlling interests (123,831) (86,999)
Total stockholders’ equity 226,322,435 195,022,158
Total liabilities and stockholders’ equity 284,605,789 266,083,154
Nonrelated Party [Member]    
Current assets:    
Accounts receivable 1,633,456 1,413,433
Non-current assets:    
Long-term investments 3,703,699 3,049,972
Current liabilities:    
Accounts payable 17,854,422 13,875,179
Advances from customers 525,497 820,898
Related Party [Member]    
Current assets:    
Accounts receivable 30,557,912 28,846,680
Non-current assets:    
Long-term investments 18,691,785 17,820,910
Current liabilities:    
Accounts payable 1,141,762 659,044
Advances from customers 10,155,134 11,739,533
Due to related party $ 2,822,537 $ 2,823,590