Company profile

Ticker
CHCR
Exchange
CEO
Clark A. Marcus
Employees
Incorporated in
Location
Fiscal year end
Former names
Comprehensive Care Corp
SEC CIK
IRS number
952594724

CHCR stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

14 Nov 19
15 Dec 19
31 Dec 19

News

Company financial data Financial data

Quarter (USD) Sep 19 Jun 19 Mar 19 Dec 18
Revenue 68.17K 90.45K 67.92K 74.52K
Net income -747.8K -614.99K -727.76K -655.69K
Diluted EPS -0.01 -0.01 -0.01 -0.01
Net profit margin -1097% -680% -1071% -880%
Operating income -362.38K -391.98K -399.75K -255.04K
Net change in cash 43.15K 5.55K -9.67K -47.02K
Cash on hand 64.06K 20.91K 15.36K 25.04K
Cost of revenue 2.39K 66.16K 41.66K -19.2K
Annual (USD) Dec 18 Dec 17 Dec 16 Dec 15
Revenue 524.17K 564.12K 209.52K 438.03K
Net income 4.83M -5.89M -4.54M -3.56M
Diluted EPS 0.07 -0.09
Net profit margin 921% -1044% -2165% -813%
Operating income -1.48M -4.43M -3.41M -2.96M
Net change in cash 6.84K -175.85K 180.2K 2.31K
Cash on hand 25.04K 18.2K 194.05K 13.85K
Cost of revenue 261.17K 286.33K 47.02K 10.37K

Financial data from company earnings reports

Financial report summary

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Management Discussion
  • OSA services decreased to $68,173 in 2019 from $99,083 in 2018. The decrease was primarily the result of the timing of the Concentra launch. Earlier in the year, May 14, 2019, we reached an agreement with Concentra whereby Concentra engaged the Company, and the Company accepted the engagement, to serve as Concentra’s preferred national sleep apnea services provider. The launch by Concentra of this program, which included notifying all of the Concentra clinics of same, was delayed so that same launched much later than anticipated. Pending the launch, we were asked by Concentra, albeit informally, to cease activities in terms of having our regional representative’s visit the various Concentra clinics promoting our sleep apnea services to said clinics. We honored that request, and in so honoring the request, our sales were diminished. The launch occurred in mid-October and we were informed by Concentra that they anticipated the roll out would start slowly and progressively build as their centers get used to the new process. Nonetheless, as a result of the Concentra launch and the Pinnacle agreement, as described below, we expect to see an increase in revenue during the fourth quarter of 2019.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. freshman Avg
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Removed: accrue, Tampa