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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenues $ 5,134,000 $ 4,828,000 $ 15,627,000 $ 14,709,000
Costs of revenue:        
Maintenance and supplies 518,000 472,000 1,509,000 1,374,000
Depreciation and amortization 1,228,000 1,171,000 3,812,000 3,514,000
Other direct operating costs 1,095,000 956,000 2,997,000 2,889,000
Other direct operating costs, related party 191,000 272,000 781,000 820,000
Cost of Revenue 3,032,000 2,871,000 9,099,000 8,597,000
Gross margin 2,102,000 1,957,000 6,528,000 6,112,000
Selling and administrative expense 1,735,000 1,260,000 5,262,000 3,725,000
Interest expense 277,000 249,000 825,000 546,000
Loss on write down of impaired assets and associated removal costs 0 0 578,000 0
Operating income (loss) 90,000 448,000 (137,000) 1,841,000
Interest and other income 135,000 36,000 318,000 31,000
Income before income taxes 225,000 484,000 181,000 1,872,000
Income tax expense 60,000 176,000 93,000 630,000
Net income 165,000 308,000 88,000 1,242,000
Plus (less): Net (income) loss attributable to non-controlling interests (47,000) 8,000 107,000 (160,000)
Net income attributable to American Shared Hospital Services $ 118,000 $ 316,000 $ 195,000 $ 1,082,000
Net income per share:        
Income per common share - basic (in dollars per share) $ 0.02 $ 0.05 $ 0.03 $ 0.17
Income per common share - diluted (in dollars per share) $ 0.02 $ 0.05 $ 0.03 $ 0.17
Weighted average common shares for basic earnings per share (in shares) 6,366,000 6,234,000 6,336,000 6,223,000
Weighted average common shares for diluted earnings per share (in shares) 6,432,000 6,273,000 6,406,000 6,261,000
Rental Income from Medical Services [Member]        
Revenues $ 3,946,000 $ 4,101,000 $ 12,987,000 $ 12,382,000
Patient Income [Member]        
Revenues 988,000 727,000 2,440,000 2,327,000
Equipment Sales [Member]        
Revenues $ 200,000 $ 0 $ 200,000 $ 0