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10-Q - FORM 10-Q - First Choice Healthcare Solutions, Inc.v326903_10q.htm
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EX-31.1 - EXHIBIT 31.1 - First Choice Healthcare Solutions, Inc.v326903_ex31-1.htm
EX-32.2 - EXHIBIT 32.2 - First Choice Healthcare Solutions, Inc.v326903_ex32-2.htm
EX-32.1 - EXHIBIT 32.1 - First Choice Healthcare Solutions, Inc.v326903_ex32-1.htm
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EXCEL - IDEA: XBRL DOCUMENT - First Choice Healthcare Solutions, Inc.Financial_Report.xls
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v2.4.0.6
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (USD $)
3 Months Ended 9 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Revenues:        
Net Patient Service Revenue $ 798,077 $ 0 $ 1,707,694 $ 0
Rental Revenue 270,547 322,905 883,179 979,485
Total Revenue 1,068,624 322,905 2,590,873 979,485
Operating expenses:        
Practice salaries & benefits 406,055 0 795,375 0
Practice supplies and other operating expenses 171,364 0 299,505 0
General & administrative 551,871 242,393 1,512,115 669,410
Depreciation and amortization 73,518 40,365 187,420 121,095
Total operating expenses 1,202,808 282,758 2,794,415 790,505
Net income (loss) from operations (134,184) 40,147 (203,542) 188,980
Other income (expense):        
Miscellaneous income 750 0 2,250 41,012
Gain on settlement of debt 0 0 0 67,365
Amortization financing costs (14,337) (4,779) (43,011) (4,779)
Interest expense, net (135,652) (83,283) (372,515) (235,613)
Total other income (expense) (149,239) (88,062) (413,276) (132,015)
Net (loss) income before provision for income taxes (283,423) (47,915) (616,818) 56,965
Income taxes (benefit) 0 (9,600) (23,103) 11,400
NET (LOSS) INCOME $ (283,423) $ (38,315) $ (593,715) $ 45,565
Net (loss) income per common share, basic (in dollars per share) $ (0.02) $ 0.00 $ (0.05) $ 0.00
Net (loss) income per common share-fully diluted (in dollars per share) $ (0.02) $ 0.00 $ (0.05) $ 0.00
Weighted average number of common shares outstanding, basic (in shares) 12,706,795 12,429,000 12,623,962 12,429,000
Weighted average number of common shares outstanding, fully diluted (in shares) 12,706,795 12,429,000 12,623,962 12,529,000