v3.25.1

Condensed Consolidated Statements of Operations (Unaudited) - USD ($)	3 Months Ended
	Mar. 31, 2025	Mar. 31, 2024
Revenue
Total Revenue	$ 10,486,939	$ 9,492,406
Expenses
Property taxes, insurance and other operating	8,080,969	7,501,209
General and administrative	2,365,088	2,163,348
Provision for credit losses	99,608	100,514
Depreciation	363,020	423,599
Total Expenses	10,908,685	10,188,670
Loss from Operations	(421,746)	(696,264)
Other (income) expense
Interest expense, net	542,667	630,330
Other income	(308,444)	(291,874)
Total other (income) expense	234,223	338,456
Net loss	(655,969)	(1,034,720)
Series D preferred dividends	(15,000)	(7,500)
Net loss attributable to common stockholders	$ (670,969)	$ (1,042,220)
Net loss per share attributable to common stockholders:
Basic	$ (0.22)	$ (0.34)
Diluted	$ (0.22)	$ (0.34)
Weighted Average Common Shares Outstanding:
Basic	3,067,059	3,067,059
Diluted	3,067,059	3,067,059
Rental [Member]
Revenue
Total Revenue		$ 160,326
Health Care [Member]
Revenue
Total Revenue	$ 10,486,939	$ 9,332,080

The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 45
-Paragraph 28
-Subparagraph (b)
-SubTopic 10
-Topic 230
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-28

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 360
-SubTopic 10
-Section 50
-Paragraph 1
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482099/360-10-50-1

SELECTIS HEALTH, INC. 10-Q