Here are the 10-K annual reports from Selectis Health Inc (GBCS) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow GBCS and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GBCS filings page.
Selectis Health, Inc. reported a narrowed net loss for the year ended December 31, 2025 while remaining under financial strain. Total revenue rose about 6% to $41.4 million, driven by higher Medicaid rates that lifted healthcare revenue to $41.4 million, while rental revenue disappeared after prior property sales.
Operating expenses grew to $43.0 million, leaving a loss from operations of $1.6 million. After interest, credits and other income, net loss attributable to common stockholders improved to $1.1 million, or $0.34 per share, versus a $2.4 million loss in 2024.
The company owned 12 long‑term care facilities at year‑end, operating nine and leasing one, and has begun exiting Georgia through facility sales in early 2026. Debt remained high at about $31.0 million, with weighted average interest rates above 6% on fixed and above 8% on variable borrowings. Selectis ended 2025 with $1.0 million in cash, $0.8 million in restricted cash and a working capital deficit of $17.7 million, leading management to disclose substantial doubt about its ability to continue as a going concern without new capital, cost reductions or asset sales.