XML 10 R2.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2022
Dec. 31, 2021
Current assets    
Cash $ 140,757 $ 48,822
Accounts receivable, net 337,074 176,011
Prepaid expenses 44,718 29,731
Other current assets 20,347 17,235
Total current assets 542,896 271,799
Non-current assets    
Due on sale of subsidiary 5,115
Property and equipment 2,974,395 3,012,663
Intangible assets, net 1,252,932 1,610,913
Right of use assets 1,393,071 1,653,816
Deposits paid 400,000
Total non-current assets 6,020,398 6,282,507
Total assets 6,563,294 6,554,306
Current liabilities    
Accounts payable and accrued liabilities 170,934 438,482
Taxes payable 248,644 658,836
Convertible notes, net of discounts 5,269,250 4,891,938
Short-term notes 460,534 122,167
Mortgage loans 3,504,605 3,864,312
Receivables funding 416,731
Government assistance loans 14,818 157,367
Operating lease liability 287,017 241,083
Finance lease liability 7,891 7,386
Derivative liability 515,901
Accrued dividends 194,829 105,049
Total current liabilities 13,289,131 13,516,802
Non-current liabilities    
Government assistance loans 79,555 47,326
Deferred taxation 217,451 273,057
Third party loans 578,335 646,176
Operating lease liability 1,206,413 1,493,431
Finance lease liability 24,952 32,895
Total non-current liabilities 2,106,706 2,492,885
Total liabilities 15,395,837 16,009,687
Common stock - $0.01 par value, 10,000,000,000 shares authorized;  3,729,053,805 and 3,579,053,805 shares issued and outstanding as of December 31, 2022 and December 31, 2021, respectively. 37,290,539 35,790,539
Additional paid-in capital 23,419,917 22,791,350
Discount for shares issued below par value (27,363,367) (26,013,367)
Accumulated other comprehensive (loss) income (5,065) 816,532
Accumulated deficit (43,484,751) (44,103,311)
Stockholders’ deficit attributable to Ethema Health Corporation stockholders’ (10,102,727) (10,678,257)
Non-controlling interest 870,184 822,876
Total stockholders’ deficit (9,232,543) (9,855,381)
Total liabilities and stockholders’ deficit 6,563,294 6,554,306
Preferred Class B [Member]    
Non-current liabilities    
Preferred stock - Series A; $0.01 par value 10,000,000 authorized, 4,000,000 shares outstanding as of December 31, 2022 and 2021. 400,000 400,000
Preferred Class A [Member]    
Non-current liabilities    
Preferred stock - Series A; $0.01 par value 10,000,000 authorized, 4,000,000 shares outstanding as of December 31, 2022 and 2021. $ 40,000 $ 40,000