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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Revenues $ 7,056,000 $ 5,568,000 $ 12,272,000 $ 10,493,000
Costs of revenue:        
Maintenance and supplies 545,000 505,000 1,058,000 991,000
Depreciation and amortization 1,455,000 1,227,000 2,752,000 2,584,000
Other direct operating costs 2,418,000 1,023,000 3,511,000 1,902,000
Other direct operating costs, related party 170,000 295,000 340,000 590,000
Cost of Revenue 4,588,000 3,050,000 7,661,000 6,067,000
Gross margin 2,468,000 2,518,000 4,611,000 4,426,000
Selling and administrative expense 1,896,000 1,988,000 3,775,000 3,527,000
Interest expense 385,000 277,000 734,000 548,000
Loss on write down of impaired assets and associated removal costs, net 188,000 578,000 188,000 578,000
Operating (loss) (1,000) (325,000) (86,000) (227,000)
Bargain purchase gain RI Acquisition, net of deferred income taxes of $1,226,000 3,679,000 0 3,679,000 0
Interest and other income, net 59,000 113,000 165,000 183,000
Income (loss) before income taxes 3,737,000 (212,000) 3,758,000 (44,000)
Income tax expense (benefit) (31,000) (35,000) (75,000) 33,000
Net income (loss) 3,768,000 (177,000) 3,833,000 (77,000)
Plus (less): net (income) loss attributable to non-controlling interests (166,000) 66,000 (112,000) 154,000
Net income (loss) attributable to American Shared Hospital Services $ 3,602,000 $ (111,000) $ 3,721,000 $ 77,000
Net income (loss) per share:        
Basic earnings (loss) per share (in dollars per share) $ 0.56 $ (0.02) $ 0.58 $ 0.01
Diluted earnings (loss) per share (in dollars per share) $ 0.55 $ (0.02) $ 0.57 $ 0.01
Weighted average common shares for basic earnings (loss) per share (in shares) 6,482,000 6,336,000 6,467,000 6,336,000
Weighted average common shares for diluted earnings per share (in shares) 6,583,000 6,336,000 6,564,000 6,465,000
Rental Income from Medical Services [Member]        
Revenues $ 3,899,000 $ 4,812,000 $ 8,152,000 $ 9,041,000
Patient Income [Member]        
Revenues $ 3,157,000 $ 756,000 $ 4,120,000 $ 1,452,000