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Condensed Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Revenues $ 6,999,000 $ 5,134,000 $ 19,271,000 $ 15,627,000
Costs of revenue:        
Maintenance and supplies 613,000 518,000 1,671,000 1,509,000
Depreciation and amortization 1,666,000 1,228,000 4,418,000 3,812,000
Other direct operating costs 3,180,000 1,095,000 6,691,000 2,997,000
Other direct operating costs, related party 170,000 191,000 510,000 781,000
Gross margin 1,370,000 2,102,000 5,981,000 6,528,000
Selling and administrative expense 1,923,000 1,735,000 5,698,000 5,262,000
Interest expense 336,000 277,000 1,070,000 825,000
Loss on write down of impaired assets and associated removal costs, net 0 0 188,000 578,000
Operating (loss) income (889,000) 90,000 (975,000) (137,000)
Bargain purchase gain RI Acquisition, net of deferred income taxes of $88,000 and $1,314,000 263,000 0 3,942,000 0
Interest and other income, net 47,000 135,000 212,000 318,000
(Loss) income before income taxes (579,000) 225,000 3,179,000 181,000
Income tax (benefit) expense (169,000) 60,000 (244,000) 93,000
Net (loss) income (410,000) 165,000 3,423,000 88,000
(Less) plus: net loss (income) attributable to non-controlling interests 203,000 (47,000) 91,000 107,000
Net (loss) income attributable to American Shared Hospital Services $ (207,000) $ 118,000 $ 3,514,000 $ 195,000
Net (loss) income per share:        
Basic (loss) earnings per share (in dollars per share) $ (0.03) $ 0.02 $ 0.54 $ 0.03
Diluted (loss) earnings per share (in dollars per share) $ (0.03) $ 0.02 $ 0.54 $ 0.03
Weighted average common shares for basic (loss) earnings per share (in shares) 6,482,000 6,366,000 6,482,000 6,336,000
Weighted average common shares for diluted (loss) earnings per share (in shares) 6,482,000 6,432,000 6,520,000 6,406,000
Rental Income from Medical Services [Member]        
Revenues $ 3,312,000 $ 3,946,000 $ 11,464,000 $ 12,987,000
Patient Income [Member]        
Revenues 3,687,000 988,000 7,807,000 2,440,000
Equipment Sales [Member]        
Revenues $ 0 $ 200,000 $ 0 $ 200,000