XML 36 R26.htm IDEA: XBRL DOCUMENT v3.22.4
SCHEDULE OF RESTATEMENT (Details) - USD ($)
3 Months Ended 6 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Sep. 30, 2021
Jun. 30, 2021
Mar. 31, 2021
Jun. 30, 2022
Sep. 30, 2022
Sep. 30, 2021
Dec. 31, 2021
Expenses                    
Property Taxes, Insurance and Other Operating $ 7,227,718     $ 4,413,930       $ 21,192,559 $ 12,613,896  
General and Administrative 1,970,890     1,721,292       5,329,475 4,732,115  
Provision for Bad Debts 252,050     12,142       783,524 28,275  
Depreciation and Amortization 453,608     435,013       1,348,645 1,286,279  
Total Expenses 9,904,266     6,582,377       28,654,203 18,660,565  
Income (Loss) from Operations (322,281)     736,678       1,146,004 433,370  
Other (Income) Expense                    
Loss (Gain) on Extinguishment of Debt           (46,466)  
Interest Expense, net 722,226     486,816       1,438,629 1,680,540  
Other Income 53,582     51,856       135,468 548,933  
Lease Termination Expense     354,710       450,427  
Total Other (Income) Expense (668,644)     (789,670)       (1,349,627) (906,436)  
Net Income (Loss) (990,925) $ 750,212 $ 37,090 (52,992) $ (678,780) $ 258,706   (203,623) (473,066)  
Healthcare Revenue 9,581,985     7,319,055       29,800,207 19,093,935  
Net Income $ (990,925)     $ (52,992)       $ (203,623) $ (483,716)  
EPS $ (0.33)     $ (0.02)       $ (0.07) $ (0.18)  
WASO 3,054,588     2,824,560       3,053,970 2,741,186  
Accounts receivable $ 3,064,919             $ 3,064,919   $ 3,506,719
Current Assets 5,480,646             5,480,646   7,968,566
Assets 43,395,957             43,395,957   46,923,722
Accumulated Deficit (11,544,503)             (11,544,503)   (11,318,380)
Rental [Member]                    
Other (Income) Expense                    
Healthcare Revenue 158,875     $ 155,071       469,938 $ 933,360  
Health Care [Member]                    
Other (Income) Expense                    
Healthcare Revenue 9,135,306     6,939,841       26,438,806 17,431,882  
Healthcare Grant Revenue [Member]                    
Other (Income) Expense                    
Healthcare Revenue $ 287,804           $ 2,891,463 $ 504,550  
Previously Reported [Member]                    
Revenue                    
Total Revenue             $ 21,556,773      
Expenses                    
Property Taxes, Insurance and Other Operating             13,964,841      
General and Administrative             4,227,834      
Provision for Bad Debts             531,474      
Depreciation and Amortization             895,037      
Total Expenses             19,619,186      
Income (Loss) from Operations             1,937,587      
Other (Income) Expense                    
Loss (Gain) on Extinguishment of Debt             46,466      
Interest Expense, net             716,403      
Gain on Forgiveness of PPP Loan                  
Other Income             (81,886)      
Lease Termination Expense                  
Total Other (Income) Expense             680,983      
Net Income (Loss)             1,256,604      
Healthcare Revenue     10,091,006       10,596,518     20,687,524
Operating Income     615,396       1,321,651     1,937,587
Net Income     $ 228,679       $ 1,027,925     $ 1,256,604
EPS     $ 0.07       $ 0.34     $ 0.42
WASO     3,052,769       3,054,627     2,998,361
Accounts receivable   5,167,862 $ 4,168,272       $ 5,167,862      
Current Assets   8,789,109 7,474,534       8,789,109      
Assets   47,014,470 46,086,051       47,014,470      
Working Capital   32,534,605 38,478,308       32,534,605      
Accumulated Deficit   (10,061,776) (11,089,701)       (10,061,776)      
Total Equity   4,660,252 3,632,327       4,660,252      
Previously Reported [Member] | Rental [Member]                    
Revenue                    
Total Revenue             311,063      
Previously Reported [Member] | Health Care [Member]                    
Revenue                    
Total Revenue             18,642,051      
Other (Income) Expense                    
Healthcare Revenue     9,367,854       8,404,948     $ 17,772,802
Previously Reported [Member] | Healthcare Grant Revenue [Member]                    
Revenue                    
Total Revenue             2,603,659      
Revision of Prior Period, Adjustment [Member]                    
Revenue                    
Total Revenue             (869,249)      
Expenses                    
General and Administrative             (869,249)      
Total Expenses             (869,249)      
Other (Income) Expense                    
Healthcare Revenue     (191,589)       (277,713)     (469,302)
Operating Income     (191,589)       (277,713)     (469,302)
Net Income     (191,589)       (277,713)     (469,302)
Accounts receivable   (469,302) (191,589)       (469,302)      
Current Assets   (469,302) (191,589)       (469,302)      
Assets   (469,302) (191,589)       (469,302)      
Working Capital   (469,302) (191,589)       (469,302)      
Accumulated Deficit   (469,302) (191,589)       (469,302)      
Total Equity   (469,302) (191,589)       (469,302)      
Revision of Prior Period, Adjustment [Member] | Rental [Member]                    
Revenue                    
Total Revenue                  
Revision of Prior Period, Adjustment [Member] | Health Care [Member]                    
Revenue                    
Total Revenue             (869,249)      
Other (Income) Expense                    
Healthcare Revenue     (191,589)       (277,713)     (469,302)
Revision of Prior Period, Adjustment [Member] | Healthcare Grant Revenue [Member]                    
Revenue                    
Total Revenue                  
Adjusted [Member]                    
Revenue                    
Total Revenue             20,987,524      
Expenses                    
Property Taxes, Insurance and Other Operating             13,964,841      
General and Administrative             3,358,585      
Provision for Bad Debts             531,474      
Depreciation and Amortization             895,037      
Total Expenses             18,749,937      
Income (Loss) from Operations             1,937,587      
Other (Income) Expense                    
Loss (Gain) on Extinguishment of Debt             46,466      
Interest Expense, net             716,403      
Gain on Forgiveness of PPP Loan                  
Other Income             (81,886)      
Lease Termination Expense                  
Total Other (Income) Expense             680,983      
Net Income (Loss)             1,256,604      
Healthcare Revenue     9,899,417       10,318,805     20,218,222
Operating Income     423,807       1,043,938     1,468,285
Net Income     $ 37,090       $ 750,212     $ 787,302
EPS     $ 0.01       $ 0.25     $ 0.26
WASO     3,052,769       3,054,627     2,998,361
Accounts receivable   4,698,560 $ 3,976,683       $ 4,698,560      
Current Assets   8,319,807 7,282,945       8,319,807      
Assets   46,545,168 45,894,462       46,545,168      
Working Capital   32,065,303 38,286,719       32,065,303      
Accumulated Deficit   (10,531,078) (11,281,290)       (10,531,078)      
Total Equity   $ 4,190,950 3,440,738       4,190,950      
Adjusted [Member] | Rental [Member]                    
Revenue                    
Total Revenue             311,063      
Adjusted [Member] | Health Care [Member]                    
Revenue                    
Total Revenue             17,772,802      
Other (Income) Expense                    
Healthcare Revenue     $ 9,176,265       8,127,235     $ 17,303,500
Adjusted [Member] | Healthcare Grant Revenue [Member]                    
Revenue                    
Total Revenue             $ 2,603,659