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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Current Assets    
Cash $ 1,928,472 $ 3,939,445
Accounts Receivable, Net of allowance 3,064,919 3,506,719
Prepaid Expenses and Other 462,868 498,015
Investments in Debt Securities 24,387 24,387
Total Current Assets 5,480,646 7,968,566
Long Term Assets    
Restricted Cash 831,687 853,656
Property and Equipment, Net 36,006,716 37,024,592
Goodwill 1,076,908 1,076,908
Total Assets 43,395,957 46,923,722
Liabilities    
Accounts Payable and Accrued Liabilities 2,478,953 4,363,917
Accounts Payable – Related Parties 21,571
Dividends Payable 7,500 7,500
Short term debt – Related Parties, Net of discount of $0 and $3,234, respectively 150,000 150,000
Current Maturities of Long Term Debt, Net of Discount of $1,184 and $1,714, respectively 2,049,750 6,312,562
Other Current Liability 931,446
Total Current Liabilities 4,686,203 11,786,996
Debt- Related Parties 750,000 750,000
Debt, Net of discount of $933,737 and $452,593, respectively 34,528,330 31,054,962
Lease Security Deposit 253,899 229,582
Total Liabilities 40,218,432 43,821,540
Commitments and Contingencies
Equity    
Common Stock - $0.05 Par Value; 800,000,000 Shares Authorized, 3,054,588 and 2,998,362 Shares Issued and Outstanding at September 31, 2022 and December 31, 2021, respectively 152,728 150,168
Additional Paid-In Capital 13,793,300 13,494,394
Accumulated Deficit (11,544,503) (11,318,380)
Total Selectis Health, Inc. Stockholders’ Equity 3,177,525 3,102,182
Total Liabilities and Equity 43,395,957 46,923,722
Series A Preferred Stock [Member]    
Equity    
Preferred Stock value: 401,000 401,000
Series D Preferred Stock [Member]    
Equity    
Preferred Stock value: $ 375,000 $ 375,000