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Progressive Care, Inc.
Companies
"Healthcare"
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Tables in SEC filings
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For the Three Months Ended March 31, 2024 | e-Commerce Operations | Healthcare Operations | Eliminations | Total | ||||||||||||
Pharmacy prescription and other revenue, net of PBM fees | $ | — | $ | 11,324 | $ | — | $ | 11,324 | ||||||||
e-Commerce revenue | 2,865 | — | — | 2,865 | ||||||||||||
Pharmacy 340B contract revenue | — | 3,304 | — | 3,304 | ||||||||||||
Revenues, net | $ | 2,865 | $ | 14,628 | $ | — | $ | 17,493 | ||||||||
Expenses: | ||||||||||||||||
Cost of revenue | 2,060 | 10,623 | — | 12,683 | ||||||||||||
Selling, general and administrative | 1,166 | 899 | (60) | 2,005 | ||||||||||||
Salaries, wages and payroll taxes | 508 | 2,116 | — | 2,624 | ||||||||||||
Impairment loss | — | 132 | — | 132 | ||||||||||||
Professional fees | 507 | 478 | — | 985 | ||||||||||||
Depreciation and amortization | 130 | 776 | — | 906 | ||||||||||||
4,371 | 15,024 | (60) | 19,335 | |||||||||||||
Loss before other (income) expense | (1,506) | (396) | 60 | (1,842) | ||||||||||||
Other (expense) income | (203) | (25) | (60) | (168) | ||||||||||||
Loss before income taxes | (1,303) | (371) | — | (1,674) | ||||||||||||
Income taxes | (27) | — | — | (27) | ||||||||||||
Net loss | $ | (1,330) | $ | (371) | $ | — | $ | (1,701) |
e-Commerce Operations | Healthcare Operations | Eliminations | Total | |||||||||||||
Total assets as of March 31, 2024 | $ | 40,342 | $ | 41,398 | $ | (16,679) | $ | 65,061 | ||||||||
Total assets as of December 31, 2023 | $ | 40,764 | $ | 40,384 | $ | (16,679) | $ | 64,469 |
e-Commerce Operations | Healthcare Operations | Total | ||||||||||
Balances as of December 31, 2021 | ||||||||||||
Goodwill | $ | — | $ | — | $ | — | ||||||
Accumulated impairment losses | — | — | — | |||||||||
Goodwill, net as of December 31, 2021 | — | — | — | |||||||||
Changes in Goodwill during the year ended December 31, 2022: | ||||||||||||
Goodwill acquired | — | — | — | |||||||||
Impairment losses | — | — | — | |||||||||
Balances as of December 31, 2022 | ||||||||||||
Goodwill | — | — | — | |||||||||
Accumulated impairment losses | — | — | — | |||||||||
Goodwill, net as of December 31, 2022 | — | — | — | |||||||||
Changes in Goodwill during the year ended December 31, 2023: | ||||||||||||
Goodwill acquired | — | 14,626 | 14,626 | |||||||||
Impairment losses | — | (13,895) | (13,895) | |||||||||
Balances as of December 31, 2023 | ||||||||||||
Goodwill | — | 14,626 | 14,626 | |||||||||
Accumulated impairment losses | — | (13,895) | (13,895) | |||||||||
Goodwill, net as of December 31, 2023 | $ | — | $ | 731 | $ | 731 |
For the Three Months Ended March 31, 2023 | e-Commerce Operations | Healthcare Operations | Eliminations | Total | ||||||||||||
Pharmacy prescription and other revenue, net of PBM fees | $ | — | $ | — | $ | — | $ | — | ||||||||
e-Commerce revenue | 2,876 | — | — | 2,876 | ||||||||||||
Pharmacy 340B contract revenue | — | — | — | — | ||||||||||||
Revenues, net | $ | 2,876 | $ | — | $ | — | $ | 2,876 | ||||||||
Expenses: | ||||||||||||||||
Cost of revenue | 2,255 | — | — | 2,255 | ||||||||||||
Selling, general and administrative | 788 | — | — | 788 | ||||||||||||
Salaries, wages and payroll taxes | 588 | — | — | 588 | ||||||||||||
Professional fees | 321 | — | — | 321 | ||||||||||||
Depreciation and amortization | 162 | — | — | 162 | ||||||||||||
4,114 | — | — | 4,114 | |||||||||||||
Loss before other (income) expense | (1,238) | — | — | (1,238) | ||||||||||||
Other (expense) income | (83) | — | — | (83) | ||||||||||||
Loss before income taxes | (1,155) | — | — | (1,155) | ||||||||||||
Income taxes | — | — | — | — | ||||||||||||
Loss before equity method investment | (1,155) | — | — | (1,155) | ||||||||||||
Equity in net loss of affiliate | (32) | — | — | (32) | ||||||||||||
Net loss | $ | (1,187) | $ | — | $ | — | $ | (1,187) |
For the Twelve Months Ended December 31, 2022 | ||||||||||||
e-Commerce Operations | Healthcare Operations | Total | ||||||||||
Sales of products, net | ||||||||||||
Prescription revenue, net of PBM fees | $ | — | $ | — | $ | — | ||||||
e-Commerce revenue | 11,710 | — | 11,710 | |||||||||
Subtotal | 11,710 | — | 11,710 | |||||||||
Revenues from services: | ||||||||||||
Pharmacy 340B contract revenue | — | — | — | |||||||||
Revenues, net | $ | 11,710 | $ | — | $ | 11,710 |