2024 Q4 Form 10-Q Financial Statement

#000190359624000678 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $1.760M $1.354M
YoY Change 29.99% -4.99%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $1.210M
YoY Change 17.11%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $33.23K $20.69K
YoY Change 60.59% -84.85%
% of Gross Profit
Operating Expenses $2.484M $1.320M
YoY Change 88.11% 12.86%
Operating Profit -$723.7K $33.53K
YoY Change -2258.52% -86.85%
Interest Expense -$148.6K
YoY Change -174.91%
% of Operating Profit -443.3%
Other Income/Expense, Net $110.00
YoY Change -110.53%
Pretax Income -$1.001M $2.092M
YoY Change -147.84% 275.76%
Income Tax -$15.53K
% Of Pretax Income -0.74%
Net Earnings $2.108M
YoY Change 311.56%
Net Earnings / Revenue 155.66%
Basic Earnings Per Share $0.00 $0.00
Diluted Earnings Per Share $0.00 $0.00
COMMON SHARES
Basic Shares Outstanding 7.729B shares 7.729B shares 3.729B shares
Diluted Shares Outstanding 7.207B shares 3.931B shares

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $11.73K
YoY Change -97.91%
Cash & Equivalents $60.86K $11.73K
Short-Term Investments
Other Short-Term Assets $1.478K $62.65K
YoY Change -97.64% -7.45%
Inventory
Prepaid Expenses $28.78K $39.07K
Receivables $381.3K $681.1K
Other Receivables $0.00
Total Short-Term Assets $472.4K $794.5K
YoY Change -40.54% -17.25%
LONG-TERM ASSETS
Property, Plant & Equipment $756.4K $523.7K
YoY Change 44.43% -82.32%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $374.0K
YoY Change 7806.98%
Total Long-Term Assets $11.84M $11.21M
YoY Change 5.62% 94.38%
TOTAL ASSETS
Total Short-Term Assets $472.4K $794.5K
Total Long-Term Assets $11.84M $11.21M
Total Assets $12.32M $12.01M
YoY Change 2.57% 78.45%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $129.4K
YoY Change -63.17%
Accrued Expenses $32.75K
YoY Change -88.11%
Deferred Revenue
YoY Change
Short-Term Debt $2.466M $124.9K
YoY Change 1874.62% -60.68%
Long-Term Debt Due $23.21K
YoY Change -99.35%
Total Short-Term Liabilities $7.541M $7.713M
YoY Change -2.23% -44.99%
LONG-TERM LIABILITIES
Long-Term Debt $291.7K
YoY Change -53.74%
Other Long-Term Liabilities $9.339M
YoY Change 629.55%
Total Long-Term Liabilities $11.91M $9.802M
YoY Change 21.5% 360.75%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.541M $7.713M
Total Long-Term Liabilities $11.91M $9.802M
Total Liabilities $19.45M $17.51M
YoY Change 11.05% 8.46%
SHAREHOLDERS EQUITY
Retained Earnings -$44.09M -$41.96M
YoY Change 5.08% -4.77%
Common Stock $77.29M $37.29M
YoY Change 107.27% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity -$7.134M -$5.507M
YoY Change
Total Liabilities & Shareholders Equity $12.32M $12.01M
YoY Change 2.57% 78.45%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income $2.108M
YoY Change 311.56%
Depreciation, Depletion And Amortization $33.23K $20.69K
YoY Change 60.59% -84.85%
Cash From Operating Activities -$615.8K
YoY Change -179.75%
INVESTING ACTIVITIES
Capital Expenditures $5.224M
YoY Change -7419.62%
Acquisitions
YoY Change
Other Investing Activities $7.719M
YoY Change -15538.9%
Cash From Investing Activities $2.495M
YoY Change -2156.06%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -1.890M
YoY Change -810.59%
NET CHANGE
Cash From Operating Activities -615.8K
Cash From Investing Activities 2.495M
Cash From Financing Activities -1.890M
Net Change In Cash -10.03K
YoY Change -101.09%
FREE CASH FLOW
Cash From Operating Activities -$615.8K
Capital Expenditures $5.224M
Free Cash Flow -$5.840M
YoY Change -792.29%

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CY2023Q4 us-gaap Assets
Assets
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CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current
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CY2024Q3 us-gaap Convertible Debt Current
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ConvertibleDebtCurrent
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CY2024Q3 us-gaap Short Term Borrowings
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CY2023Q4 us-gaap Short Term Borrowings
ShortTermBorrowings
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CY2024Q3 us-gaap Long Term Commercial Paper Current
LongTermCommercialPaperCurrent
267500 usd
CY2024Q3 GRST Receivables Funding
ReceivablesFunding
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CY2023Q4 GRST Receivables Funding
ReceivablesFunding
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CY2024Q3 us-gaap Government Assistance Liability Current
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CY2023Q4 us-gaap Government Assistance Liability Current
GovernmentAssistanceLiabilityCurrent
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CY2024Q3 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
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CY2023Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
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CY2024Q3 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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CY2023Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
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CY2024Q3 us-gaap Other Notes Payable Current
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CY2023Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
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CY2024Q3 us-gaap Liabilities Current
LiabilitiesCurrent
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CY2023Q4 us-gaap Liabilities Current
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CY2024Q3 us-gaap Convertible Debt Noncurrent
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CY2024Q3 us-gaap Commercial Paper Noncurrent
CommercialPaperNoncurrent
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CY2024Q3 us-gaap Government Assistance Liability Noncurrent
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GovernmentAssistanceLiabilityNoncurrent
20520 usd
CY2024Q3 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2023Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
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CY2024Q3 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
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CY2023Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
16475 usd
CY2024Q3 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
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CY2023Q4 us-gaap Liabilities Noncurrent
LiabilitiesNoncurrent
9420552 usd
CY2024Q3 us-gaap Liabilities
Liabilities
19450935 usd
CY2023Q4 us-gaap Liabilities
Liabilities
17719456 usd
CY2024Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2024Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2024Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4600000 shares
CY2024Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4600000 shares
CY2023Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
4000000 shares
CY2023Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4000000 shares
CY2024Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2023Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
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CY2024Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
10000000000 shares
CY2023Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
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CY2024Q3 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2024Q3 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
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CY2024Q3 us-gaap Common Stock Value
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CY2023Q4 us-gaap Common Stock Value
CommonStockValue
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CY2024Q3 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2023Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2024Q3 GRST Discount For Shares Issued Amount
DiscountForSharesIssuedAmount
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CY2023Q4 GRST Discount For Shares Issued Amount
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CY2024Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2023Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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CY2024Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2023Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2024Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12316463 usd
CY2023Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
11519176 usd
CY2024Q3 us-gaap Revenues
Revenues
1760000 usd
CY2023Q3 us-gaap Revenues
Revenues
1353899 usd
us-gaap Revenues
Revenues
4550200 usd
us-gaap Revenues
Revenues
4219904 usd
CY2024Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2023Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
249283 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1055663 usd
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
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CY2024Q3 GRST Payments For Rents
PaymentsForRents
392772 usd
CY2023Q3 GRST Payments For Rents
PaymentsForRents
107707 usd
GRST Payments For Rents
PaymentsForRents
932035 usd
GRST Payments For Rents
PaymentsForRents
328204 usd
CY2024Q3 GRST Management Fee Expenses
ManagementFeeExpenses
480000 usd
CY2023Q3 GRST Management Fee Expenses
ManagementFeeExpenses
30000 usd
GRST Management Fee Expenses
ManagementFeeExpenses
480000 usd
GRST Management Fee Expenses
ManagementFeeExpenses
273003 usd
CY2024Q3 us-gaap Professional Fees
ProfessionalFees
231312 usd
CY2023Q3 us-gaap Professional Fees
ProfessionalFees
171659 usd
us-gaap Professional Fees
ProfessionalFees
686994 usd
us-gaap Professional Fees
ProfessionalFees
460773 usd
CY2024Q3 us-gaap Salaries And Wages
SalariesAndWages
839015 usd
CY2023Q3 us-gaap Salaries And Wages
SalariesAndWages
651537 usd
us-gaap Salaries And Wages
SalariesAndWages
2279788 usd
us-gaap Salaries And Wages
SalariesAndWages
1873280 usd
CY2024Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
122721 usd
CY2023Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
110185 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
346013 usd
us-gaap Depreciation And Amortization
DepreciationAndAmortization
388259 usd
CY2024Q3 us-gaap Operating Expenses
OperatingExpenses
2483708 usd
CY2023Q3 us-gaap Operating Expenses
OperatingExpenses
1320371 usd
us-gaap Operating Expenses
OperatingExpenses
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us-gaap Operating Expenses
OperatingExpenses
4079204 usd
CY2024Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2023Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
33528 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
-1230293 usd
us-gaap Operating Income Loss
OperatingIncomeLoss
140700 usd
CY2024Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
40000 usd
CY2023Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
110 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
40000 usd
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
449 usd
CY2024Q3 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
971 usd
us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
971 usd
GRST Penalty On Convertible Debt
PenaltyOnConvertibleDebt
34688 usd
us-gaap Loan Processing Fee
LoanProcessingFee
130000 usd
CY2023Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2484172 usd
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
2484172 usd
CY2023Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
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CY2024Q3 us-gaap Interest Income Other
InterestIncomeOther
766 usd
us-gaap Interest Income Other
InterestIncomeOther
1864 usd
CY2024Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
167575 usd
CY2023Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
81371 usd
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
367675 usd
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
382448 usd
CY2024Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
141205 usd
CY2023Q3 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
73857 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
279607 usd
us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
238304 usd
CY2024Q3 GRST Foreign Exchange Movements
ForeignExchangeMovements
8021 usd
CY2023Q3 GRST Foreign Exchange Movements
ForeignExchangeMovements
-6598 usd
GRST Foreign Exchange Movements
ForeignExchangeMovements
3510 usd
GRST Foreign Exchange Movements
ForeignExchangeMovements
84148 usd
CY2024Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-1000714 usd
CY2023Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
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CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-15532 usd
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
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CY2024Q3 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
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CY2023Q3 us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
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us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
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us-gaap Income Loss From Subsidiaries Net Of Tax
IncomeLossFromSubsidiariesNetOfTax
1699665 usd
CY2023Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
31058 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
127906 usd
CY2024Q3 GRST Net Income Loss Stockholders
NetIncomeLossStockholders
-1000714 usd
CY2023Q3 GRST Net Income Loss Stockholders
NetIncomeLossStockholders
2076479 usd
GRST Net Income Loss Stockholders
NetIncomeLossStockholders
-1738350 usd
GRST Net Income Loss Stockholders
NetIncomeLossStockholders
1571759 usd
us-gaap Dividends Preferred Stock
DividendsPreferredStock
47225 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1000714 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2076479 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-1738350 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1524534 usd
us-gaap Deferred Policy Acquisition Cost Foreign Currency Translation Adjustment And Other
DeferredPolicyAcquisitionCostForeignCurrencyTranslationAdjustmentAndOther
-5065 usd
CY2024Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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CY2023Q3 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2076479 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-1738350 usd
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1529599 usd
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.00
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
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us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2024Q3 GRST Loss Income Per Share
LossIncomePerShare
-0.00
CY2023Q3 GRST Loss Income Per Share
LossIncomePerShare
0.00
GRST Loss Income Per Share
LossIncomePerShare
-0.00
GRST Loss Income Per Share
LossIncomePerShare
0.00
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
7207314674 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3729053805 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
4896937017 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3729053805 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
7207314674 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3931379775 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
4896937017 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3931379775 shares
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2024Q1 GRST Net Incomes Loss
NetIncomesLoss
-374203 usd
CY2024Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2024Q2 us-gaap Stock Option Down Round Feature Increase Decrease In Equity Amount1
StockOptionDownRoundFeatureIncreaseDecreaseInEquityAmount1
-1100000 usd
CY2024Q2 GRST Net Incomes Loss
NetIncomesLoss
-465275 usd
CY2024Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2024Q3 us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
2006000 usd
CY2024Q3 GRST Net Incomes Loss
NetIncomesLoss
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CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q1 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
-1504 usd
CY2023Q1 GRST Net Incomes Loss
NetIncomesLoss
-175717 usd
CY2023Q1 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
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CY2023Q1 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q2 us-gaap Stock Issued During Period Value Other
StockIssuedDuringPeriodValueOther
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CY2023Q2 us-gaap Stockholders Equity Other
StockholdersEquityOther
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CY2023Q2 us-gaap Other Comprehensive Income Foreign Currency Translation Adjustment Tax Portion Attributable To Parent
OtherComprehensiveIncomeForeignCurrencyTranslationAdjustmentTaxPortionAttributableToParent
6569 usd
CY2023Q2 GRST Net Incomes Loss
NetIncomesLoss
232155 usd
CY2023Q2 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
23806 usd
CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q3 us-gaap Adjustments To Additional Paid In Capital Equity Component Of Convertible Debt
AdjustmentsToAdditionalPaidInCapitalEquityComponentOfConvertibleDebt
271939 usd
CY2023Q3 GRST Net Incomes Loss
NetIncomesLoss
2107537 usd
CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Net Income Loss
NetIncomeLoss
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us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
346013 usd
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
388259 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
279607 usd
us-gaap Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
238304 usd
us-gaap Management Fee Expense
ManagementFeeExpense
480000 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
79196 usd
us-gaap Operating Lease Right Of Use Asset Amortization Expense
OperatingLeaseRightOfUseAssetAmortizationExpense
169682 usd
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
2484172 usd
us-gaap Extinguishment Of Debt Gain Loss Net Of Tax
ExtinguishmentOfDebtGainLossNetOfTax
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GRST Penalty On Convertible Promissory Notes
PenaltyOnConvertiblePromissoryNotes
34688 usd
GRST Deferred Tax Movement
DeferredTaxMovement
46597 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-62671 usd
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
289697 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
9066 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
48457 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
128838 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-110110 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
94979 usd
us-gaap Increase Decrease In Operating Lease Liability
IncreaseDecreaseInOperatingLeaseLiability
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us-gaap Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
-237211 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-377954 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
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us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
85522 usd
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5244011 usd
GRST Proceeds On Disposal Of Property
ProceedsOnDisposalOfProperty
8093448 usd
GRST Acquisition Of Business
AcquisitionOfBusiness
240000 usd
GRST Acquisition Of Minority Shareholder Interest
AcquisitionOfMinorityShareholderInterest
625000 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
83393 usd
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
374000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1033915 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
2475437 usd
us-gaap Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
58320 usd
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
150000 usd
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
1124442 usd
us-gaap Proceeds From Subordinated Short Term Debt
ProceedsFromSubordinatedShortTermDebt
1912000 usd
us-gaap Proceeds From Subordinated Short Term Debt
ProceedsFromSubordinatedShortTermDebt
223500 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
801323 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
568325 usd
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
40000 usd
GRST Repayment Of Government Assistance Loans
RepaymentOfGovernmentAssistanceLoans
11519 usd
GRST Repayment Of Government Assistance Loans
RepaymentOfGovernmentAssistanceLoans
10855 usd
us-gaap Repayments Of Other Debt
RepaymentsOfOtherDebt
361260 usd
us-gaap Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
6304 usd
us-gaap Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
5907 usd
GRST Proceeds From Receivables Funding
ProceedsFromReceivablesFunding
542000 usd
GRST Proceeds From Receivables Funding
ProceedsFromReceivablesFunding
580646 usd
GRST Repayment Of Receivables Funding
RepaymentOfReceivablesFunding
378688 usd
GRST Repayment Of Receivables Funding
RepaymentOfReceivablesFunding
848417 usd
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
250000 usd
GRST Repayment Of Related Party Advance
RepaymentOfRelatedPartyAdvance
11538 usd
GRST Repayment Of Related Party Notes
RepaymentOfRelatedPartyNotes
39363 usd
GRST Repayment Of Related Party Notes
RepaymentOfRelatedPartyNotes
76296 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1415265 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-2099676 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-11107 usd
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-7711 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-129029 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
68573 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
140757 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60862 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
11728 usd
us-gaap Interest Paid Net
InterestPaidNet
248079 usd
us-gaap Interest Paid Net
InterestPaidNet
334735 usd
us-gaap Notes Issued1
NotesIssued1
475000 usd
us-gaap Stock Issued1
StockIssued1
2000000 usd
us-gaap Transfer Of Loans Held For Sale To Portfolio Loans1
TransferOfLoansHeldForSaleToPortfolioLoans1
6000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1334885 usd
us-gaap Notes Assumed1
NotesAssumed1
461184 usd
us-gaap Nature Of Operations
NatureOfOperations
<p id="xdx_803_eus-gaap--NatureOfOperations_zPplq4CeXNqa" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: -0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>1.   <span id="xdx_82F_zRl78rfKyNFj">Nature of business</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><span style="background-color: white">Since 2010, the Company has operated addiction treatment centers. Initially the Company operated an addiction treatment center in Ontario Canada under its Greenestone Muskoka clinic, which was sold on February 14, 2017. Simultaneously with this sale the Company purchased buildings and operated an addiction treatment center in Delray Beach Florida under its Addiction recovery Institute of America subsidiary with a license obtained in December 2016, initially through owned properties in Delray Beach and subsequently through leased properties in West Palm Beach, Florida. Since June 30, 2020, the Company has been actively involved in the management of a treatment center operated by Evernia in West Palm Beach Florida. On July 1, 2021, the Company closed on the acquisition of 75% of ATHI, which owns 100% of Evernia, once the probationary approval of a license was obtained from the Department of Children and Family Services of Florida. The Company’s operations are currently conducted through its Evernia West Palm Beach facility and operations are expected to commence in its Boca Raton facility as soon as the facility is approved for patient intake by insurers, which approval is expected in the fourth quarter of 2024.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><span style="background-color: white"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><span style="background-color: white"></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; background-color: white"><span style="background-color: white">The Company sold its real estate on which its Greenstone Muskoka clinic operated during the prior year.</span> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><span style="background-color: white"><b><i>Acquisition of minority shareholders interest in ATHI</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify"><span style="background-color: white">On May 15, 2024, the Company entered into a Stock Purchase Agreement whereby it acquired the remaining 25% of ATHI representing 5,000,000 shares from the minority shareholder for gross proceeds of $1,100,000. The Company paid an initial deposit of $25,000 and on closing an additional $600,000. The Company issued a non-interest-bearing promissory note for the remaining balance of $475,000, which promissory note is repayable in installments of $10,000 a month on each monthly anniversary date of the agreement for months one to eight (eight installments) and months ten through seventeen (eight installments), and payments of $157,500 on month nine and month eighteen, for a total of $475,000. </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; background-color: white"></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; background-color: white"><span style="background-color: white"><b><i>Acquisition of assets and assignment of lease and sub-lease for Boca cove Detox Center</i></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; background-color: white"><span style="background-color: white">On March 22, 2024, the Company executed a LOI to acquire certain assets, including furniture, equipment inventory and supplies of Boca Cove Detox, LLC, along with the assignment of lease and sub-lease for premises located at 899 Meadow Avenue, Boca Raton, Florida. On May 1, 2024 the Company, through its subsidiary Evernia Health Center LLC, entered into a Definitive Agreement whereby the Company would assume the lease for suites 100,101, 201, 202 and 203 located at 899 Meadows Road, Boca Raton, Florida (the “Leased Premises”) and the furniture, fixtures and equipment located therein, upon the assignment of the lease from the property owner. The lease was assigned on June 10, 2024 and the Company entered into a Bill of Sale to give effect to the Definitive Agreement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; background-color: white"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; background-color: white"><span style="background-color: white">The purchase price was $240,000 which was settled by a deposit of $20,000 and a cash payment of $220,000 and the payment to the Seller of $83,393 for the assumption of the security deposit held by the landlord of the Leased Premises located at 899 Meadows Road.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-align: justify; text-indent: 0.5in; background-color: white"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white"> </span><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span style="background-color: white">            </span></span></p>
us-gaap Use Of Estimates
UseOfEstimates
<p id="xdx_84D_eus-gaap--UseOfEstimates_zc8B2F2VYqZk" style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify; text-indent: -0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>a)   <span id="xdx_862_z7ROUPyBzcC5">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt; background-color: white">The preparation of unaudited condensed consolidated financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p>
CY2024Q3 us-gaap Fdic Indemnification Asset
FDICIndemnificationAsset
250000 usd
CY2024Q3 us-gaap Other Receivables
OtherReceivables
381307 usd
CY2023Q4 us-gaap Other Receivables
OtherReceivables
313338 usd
CY2024Q3 GRST Working Capital
WorkingCapital
7100000 usd
CY2024Q3 us-gaap Retained Earnings Appropriated
RetainedEarningsAppropriated
-44100000 usd
CY2024Q3 GRST Working Capital
WorkingCapital
7100000 usd
CY2024Q3 us-gaap Liabilities Subject To Compromise
LiabilitiesSubjectToCompromise
7100000 usd
GRST Purchase Price
PurchasePrice
5500000 usd
GRST Fees And Expenses Related To Property Purchase
FeesAndExpensesRelatedToPropertyPurchase
109276 usd
us-gaap Acquisition Costs
AcquisitionCosts
5609276 usd
us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
8500000 usd
GRST Fees And Expenses Related To Disposal Of Property
FeesAndExpensesRelatedToDisposalOfProperty
-406552 usd
us-gaap Gain Loss On Sale Of Unproved Property
GainLossOnSaleOfUnprovedProperty
8093448 usd
us-gaap Gain Loss On Sale Of Property
GainLossOnSaleOfProperty
2484172 usd
CY2024Q3 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
1006929 usd
CY2023Q4 us-gaap Other Notes Payable Current
OtherNotesPayableCurrent
2572292 usd
CY2024Q3 GRST Debt Discount At Inception
DebtDiscountAtInception
-35000 usd
CY2024Q3 GRST Amortization Of Debt Discount
AmortizationOfDebtDiscount
15135 usd
CY2024Q3 GRST Total Debt Discount
TotalDebtDiscount
-19865 usd
CY2024Q3 GRST Related Party Advance
RelatedPartyAdvance
253596 usd
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
602852506 shares
CY2022Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.001306
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
745810761 shares
CY2023 GRST Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodExercisePrice
0.001
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0.001
CY2023 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod
326286847 shares
CY2023 GRST Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodExercisePrice
0.000675
CY2023 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Forfeitures In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsForfeituresInPeriodWeightedAverageExercisePrice
0.000675
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1022376420 shares
CY2023Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.0012840
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1022376420 shares
CY2024Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
0.0012840
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Equity Instruments Other Than Options Aggregate Intrinsic Value Vested
SharebasedCompensationArrangementBySharebasedPaymentAwardEquityInstrumentsOtherThanOptionsAggregateIntrinsicValueVested
0 usd
CY2024Q3 GRST Shares Issuable Upon Exercise Of Warrants
SharesIssuableUponExerciseOfWarrants
1022376420 shares
GRST Shares Issuable Upon Exercise Of Warrants
SharesIssuableUponExerciseOfWarrants
1022376420 shares
CY2024Q3 us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
177521610 shares
us-gaap Stock Issued During Period Shares Conversion Of Convertible Securities
StockIssuedDuringPeriodSharesConversionOfConvertibleSecurities
177521610 shares
CY2024Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1199898030 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1199898030 shares
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2076479 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3729053805 shares
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2023Q3 us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
50964 usd
CY2023Q3 GRST Warrants Shares
WarrantsShares
202325970 shares
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
2127443 usd
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3931379775 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
1524534 usd
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
3729053805 shares
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
us-gaap Convertible Preferred Dividends Net Of Tax
ConvertiblePreferredDividendsNetOfTax
146395 usd
GRST Warrants Shares
WarrantsShares
202325970 shares
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
1670929 usd
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
3931379775 shares
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00

Files In Submission

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