GBCS on OTC

SELECTIS HEALTH, INC.

American real estate investment trust, incorporated in Utah. Summary from the record

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Last updated Oct 19, 2026.

Overview

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  • TickerGBCS on OTC1
  • IndustryReal Estate Investment Trusts1
  • HeadquartersGreenwood Village, Colorado1
  • Incorporated inUT2
  • Business address8480 E. Orchard Road, Suite 4900, Greenwood Village, Co 801112
  • Filer category, Emerging growth company2

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Paces Ferry Healthcare REIT, Inc. (“WPF”). WPF was merged into the Company in 2019.3 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2025

-3.8%Operating margin4
-2.5%Net margin4
4.9%Revenue growth, 20254
$1.4MFree cash flow4

What sells

Revenue by product, business segment and region, as the company reports it to the SEC.

Products and services

Health Care brought in 100% of the revenue SELECTIS HEALTH, INC. broke down this way in fiscal 2025.

  1. Health Care$41.4M4100%up 6% from 2024
  2. Management Fee Revenue$65.8K40%
Products and services by year
Products and services20242025
Health Care$39.2M$41.4M
Management Fee Revenue$65.8K

Where the money goes

Where each dollar of revenue went, fiscal 2025

  • Other costs100¢$41.4M
  • Income tax0¢$800

Out of $41.4M in revenue.4 The company lost money this year.

Where each dollar of operating cash went, fiscal 2025

  • Capital spending24¢$443.6K
  • Kept or used elsewhere76¢$1.4M

Out of $1.9M of cash from operations.4

Financial statements

Revenue567894$41.4M in 2025+498% since 2019
0$20.0M$40.0M$60.0M2019: $6.9M$6.9M20192020: $20.9M$20.9M2020+202%2021: $29.3M$29.3M2021+40%2022: $40.6M$40.6M2022+39%2023: $36.8M$36.8M2023−9%2024: $39.5M$39.5M2024+7%2025: $41.4M$41.4M2025+5%
Operating income567894-$1.6M in 2025
-$10.0M-$5.0M0$5.0M2019: $1.3M$1.3M20192020: $3.4M$3.4M2020+159%2021: -$729.0K-$729.0K20212022: -$286.6K-$286.6K2022−61%2023: -$9.0M-$9.0M2023+3027%2024: -$2.7M-$2.7M2024−70%2025: -$1.6M-$1.6M2025−43%
Net income567894-$1.0M in 2025+18% since 2019
-$4.0M-$2.0M0$2.0M$4.0M2019: -$861.6K-$861.6K20192020: $3.0M$3.0M20202021: -$2.3M-$2.3M20212022: -$2.4M-$2.4M2022+6%2023: -$4.0M-$4.0M2023+66%2024: -$2.4M-$2.4M2024−39%2025: -$1.0M-$1.0M2025−58%

Every line of the income statement as filed: the last 2 fiscal years, latest first.4

Period ending2025-12-312024-12-31
Total Revenue$41.4M$39.5M
Property taxes, insurance and other operating$31.8M$30.4M
General and administrative$8.9M$9.2M
Provision for credit losses$883.0K$1.0M
Depreciation and amortization$1.5M$1.6M
Total operating expenses$43.0M$42.2M
Loss from Operations-$1.6M-$2.7M
Gain on sale of asset-$2.1M
Interest Expense, net$1.7M$2.0M
Loss on debt extinguishment$253.0K
Income from employee retention credits-$986.4K
Other income, net-$1.5M-$240.0K
Total other income, net-$549.7K-$305.2K
Loss before taxes-$1.0M-$2.4M
Provision for income taxes$800
Net Loss-$1.0M-$2.4M
Series D preferred dividends-$37.5K-$22.5K
Net Loss Attributable to Common Stockholders-$1.1M-$2.4M
Basic-$0.34-$0.80
Diluted-$0.34-$0.80
Basic3.1M shares3.1M shares
Diluted3.1M shares3.1M shares

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Leadership

Who has led SELECTIS HEALTH, INC., and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Christopher F. Brogdon2014–2015
  2. Connie B. Brogdon2015
  3. Lance Baller2016–2022
  4. Adam Desmond2026
  5. Krystal Diane Eckhart2026–now

President

  1. Clifford L. Neuman Esq.2006–2013
  2. Christopher F. Brogdon2013–2015
  3. Lance Baller2016–2017
  4. Zvi Michael Rhine2018–2019
  5. Christopher R. Barker2021–2022

Chief financial officer

  1. Todd Edwin Huss2006–2011
  2. Philip S. Scarborough2013–2015
  3. Zvi Michael Rhine2016–2019
  4. Brandon Thall2020–2021
  5. James W. Creamer Iii.2023
  6. Krystal Diane Eckhart2026–now

Chief operating officer

  1. Andrew L. Sink2016–2017
  2. Christopher R. Barker2021–2022
2010201520202025
Board members and other officers (20)

Former names

  • GLOBAL HEALTHCARE REIT, INC.Oct 7, 2013 to Jun 21, 20212
  • GLOBAL CASINOS INCJul 31, 1996 to Oct 4, 20132

Timeline

  1. May 26, 2026New chief executive Krystal Diane Eckhart becomes CEO13
  2. Mar 12, 2026New chief executive Adam Desmond becomes CEO12
  3. Jan 7, 2016New chief executive Lance Baller becomes CEO14
  4. Jan 27, 2015New chief executive Connie B. Brogdon becomes CEO15
  5. Feb 21, 2014New chief executive Christopher F. Brogdon becomes CEO16

Filings

123 filings to the SEC since October 2021: 6 annual reports, 15 quarterly reports, 56 major events, 11 insider forms, 35 other. The latest 20:

  1. Oct 9, 202615-12G EDGAR
  2. Oct 9, 20268-K EDGAR
  3. Oct 9, 2026S-8 POS EDGAR
  4. Sep 9, 20268-K EDGAR
  5. Sep 8, 2026SC TO-T/A EDGAR
  6. Aug 31, 2026SC TO-T/A EDGAR
  7. Aug 25, 2026SC TO-T/A EDGAR
  8. Aug 24, 202610-Q EDGAR
  9. Aug 18, 2026NT 10-Q EDGAR
  10. Aug 18, 2026SC TO-T/A EDGAR
  11. Aug 11, 2026SC TO-T/A EDGAR
  12. Aug 3, 2026SC TO-T/A EDGAR
  13. Jul 16, 2026SC TO-T/A EDGAR
  14. Jul 13, 2026SC 14D9 EDGAR
  15. Jul 13, 2026SC TO-T EDGAR
  16. Jun 24, 20268-K EDGAR
  17. Jun 23, 2026SC TO-C EDGAR
  18. May 26, 20263 EDGAR
  19. May 22, 202610-Q EDGAR
  20. May 20, 20268-K EDGAR

The 123 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

42 open-market trades by officers, directors and large owners since October 2021: 42 buys and 0 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Dec 31, 2025Desmond AdamCEOBuy1,300$2.25$2.9KForm 4
Dec 31, 2025Desmond AdamCEOBuy1,300$2.25$2.9KForm 4
Dec 19, 2025Desmond AdamCEOBuy1,345$2.20$3.0KForm 4
Dec 19, 2025Desmond AdamCEOBuy1,345$2.20$3.0KForm 4
Dec 18, 2025Baller LanceDirectorBuy6,192$2.20$13.6KForm 4
Oct 17, 2025Desmond AdamCEOBuy2,800$1.75$4.9KForm 4
Oct 17, 2025Desmond AdamCEOBuy2,800$1.75$4.9KForm 4
Oct 9, 2025Desmond AdamCEOBuy240$1.74$418Form 4
Oct 9, 2025Desmond AdamCEOBuy240$1.74$418Form 4
Oct 6, 2025Desmond AdamCEOBuy700$2.10$1.5KForm 4
Oct 6, 2025Desmond AdamCEOBuy700$2.10$1.5KForm 4
Aug 1, 2025Desmond AdamCEOBuy619$2.40$1.5KForm 4
Aug 1, 2025Desmond AdamCEOBuy619$2.40$1.5KForm 4
Jul 15, 2025Desmond AdamCEOBuy161$2.44$393Form 4
Jul 15, 2025Desmond AdamCEOBuy161$2.44$393Form 4
Jun 12, 2025Desmond AdamCEOBuy360$1.61$580Form 4
Jun 12, 2025Desmond AdamCEOBuy360$1.61$580Form 4
Jun 11, 2025Desmond AdamCEOBuy570$1.79$1.0KForm 4
Jun 11, 2025Desmond AdamCEOBuy570$1.79$1.0KForm 4
Jun 9, 2025Desmond AdamCEOBuy730$1.60$1.2KForm 4

All 42 trades can be filtered by person here when JavaScript is on.

From Forms 4 filed with the SEC.

Sources

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