Complete Filing Data
Zhongchao Inc. reported Stockholders Equity Including Portion Attributable To Noncontrolling Interest of $24.15 million for FY2024.
All values from 10-K, 20-F, and 10-Q filings on SEC EDGAR, organized by financial statement. Scroll each table horizontally for the full history. Blank cells mean Zhongchao Inc. did not report that metric for that period in XBRL — often because accounting standards changed which tag a company files under (for example, most companies moved revenue to the ASC-606 tag in 2018), so a metric may continue in a different row. Rows marked * merge those successor tags into one continuous series, preferring the audited value from the newest-standard tag where periods overlap.
Income Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Net Income * | -$643.2K | -$11.3M | -$2.9M | $238.7K | $4.5M | $4.0M | $3.0M | $1.5M |
| Selling And Marketing Expense | $4.0M | $6.7M | $2.1M | $3.1M | $3.4M | $3.2M | $2.3M | $2.7M |
| Revenues | $15.9M | $19.4M | $14.2M | $16.3M | $18.0M | $14.9M | $12.9M | $9.8M |
| Research And Development Expense | $252.5K | $514.4K | $411.5K | $758.9K | $816.6K | $864.3K | $1.4M | $943.3K |
| Operating Expenses | $9.3M | $21.8M | $9.3M | $9.8M | $7.4M | $6.6M | $5.1M | $4.8M |
| Income Tax Expense Benefit | $335.2K | -$669.8K | $272.3K | -$349.4K | $484.8K | $387.1K | $502.1K | -$154.0K |
| Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest | $61.8K | -$12.0M | -$2.6M | -$110.8K | $4.9M | $4.4M | $3.5M | $1.3M |
| Gross Profit | $8.9M | $8.5M | $6.4M | $9.4M | $11.9M | $10.2M | $8.4M | $5.8M |
| General And Administrative Expense | $5.0M | $6.7M | $6.8M | $5.9M | $3.1M | $2.5M | $1.4M | $1.1M |
| Cost Of Revenue | $7.0M | $10.9M | $7.8M | $6.9M | $6.1M | $4.7M | $4.5M | $4.0M |
| Comprehensive Income Net Of Tax | -$1.1M | -$12.1M | -$4.6M | $520.5K | $5.7M | $3.9M | $2.6M | $1.7M |
| Other Nonoperating Income Expense | $160.0K | $1.1M | $262.4K | $34.0K | $305.6K | $534.0K | $37.4K | $275.0K |
| Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest | -$835.0K | -$12.1M | -$4.5M | $520.5K | $5.7M | $3.8M | $2.6M | $1.8M |
| Interest Income Expense Net | $243.0K | $237.1K | $142.0K | $176.0K | $147.0K | $211.5K | $191.6K | |
| Income Taxes Paid | $114.5K | $134.2K | $91.5K | $2.6K | $87.1K | $144.3K | $15.0K | |
| Net Income Loss Attributable To Noncontrolling Interest | $369.8K | $28.7K | $118.6K | -$1.3K | -$46.2K | -$17.8K | $34.4K | |
| Deferred Income Tax Assets Net | $119.4K | $357.9K | $1.9M | $2.2M | $795.5K | $689.0K | $378.0K | |
| Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest | $281.8K | -$59.7K | $112.1K | -$1.3K | -$46.2K | -$17.8K | -$34.4K | |
| Other Comprehensive Income Loss Foreign Currency Translation Adjustment Tax | $1.7M | -$281.8K | -$1.3M | $173.6K | $379.5K | -$228.8K | ||
| Operating Income Loss | -$341.3K | -$13.3M | -$3.0M | -$320.7K | $4.5M | $3.6M | ||
| Investment Income Nonoperating | $4.5M | $3.6M | $3.3M | $1.0M |
Balance Sheet
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|
| Stockholders Equity * | $20.8M | $18.0M | $29.9M | $32.6M | $31.8M | $15.3M | $11.4M | $5.2M | $630.9K |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents | $7.8M | $7.5M | $11.5M | $13.9M | $15.1M | $7.8M | $7.9M | ||
| Cash And Cash Equivalents At Carrying Value | $7.8M | $7.5M | $11.5M | $13.9M | $15.1M | $7.8M | $7.9M | $3.0M | $2.4M |
| Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect | $292.6K | -$4.0M | -$2.4M | -$1.2M | $7.2M | -$86.1K | $4.9M | ||
| Right Of Use Asset Obtained In Exchange For Operating Lease Liability | $55.8K | $71.7K | $1.8M | $555.6K | $37.9K | $419.4K | |||
| Retained Earnings Accumulated Deficit | -$8.0M | -$7.3M | $4.1M | $7.2M | $7.3M | $3.3M | -$384.3K | ||
| Property Plant And Equipment Net | $5.9M | $3.2M | $3.9M | $3.9M | $2.0M | $1.9M | $669.9K | ||
| Other Assets Current | $273.7K | $451.4K | $493.0K | $375.7K | $1.6M | $1.3M | $923.3K | ||
| Liabilities Current | $1.5M | $2.7M | $4.2M | $3.6M | $3.0M | $2.4M | $2.3M | ||
| Liabilities And Stockholders Equity | $25.9M | $24.4M | $38.6M | $36.3M | $34.8M | $17.7M | $14.0M | ||
| Liabilities | $1.7M | $3.4M | $5.6M | $3.7M | $3.0M | $2.4M | $2.7M | ||
| Intangible Assets Net Excluding Goodwill | $12.2K | $17.5K | $912.1K | $30.3K | $35.0K | $37.3K | $44.1K | ||
| Assets Current | $18.7M | $18.7M | $22.7M | $27.3M | $29.6M | $14.5M | $12.6M | ||
| Assets | $25.9M | $24.4M | $38.6M | $36.3M | $34.8M | $17.7M | $14.0M | ||
| Accumulated Other Comprehensive Income Loss Net Of Tax | -$1.7M | -$1.2M | -$511.8K | $1.2M | $915.2K | -$344.8K | -$171.2K | ||
| Accounts Receivable Net Current | $4.7M | $2.6M | $6.8M | $9.2M | $10.3M | $5.1M | $2.0M | ||
| Accounts Payable Current | $535.1K | $683.9K | $140.8K | $38.9K | $408.4K | $117.1K | $23.6K | ||
| Operating Lease Right Of Use Asset | $89.0K | $796.7K | $1.7M | $205.8K | $65.1K | $246.0K | |||
| Operating Lease Liability Current | $33.7K | $236.3K | $480.6K | $89.0K | $62.2K | $210.2K | |||
| Short Term Investments | $5.2M | $5.9M | $518.4K | $296.2K | $2.0M | $1.2M | |||
| Temporary Equity Foreign Currency Translation Adjustments | -$1.7M | $281.8K | $1.3M | -$173.6K | -$379.5K | $228.8K | |||
| Deferred Tax Expenses Benefits | $134.1K | -$1.3M | -$58.4K | -$318.1K | $61.0K | -$154.0K | |||
| Operating Lease Liability Noncurrent | $23.8K | $571.9K | $1.2M | $112.6K | $41.4K | ||||
| Amortization Of Right Of Use Assets | $347.0K | $361.4K | $222.4K | $159.3K | |||||
| Taxes Payable Current | $2.3M | $2.5M | $1.5M | $897.9K | $288.1K | ||||
| Accrued Liabilities And Other Liabilities | $855.5K | $974.8K | $981.4K | $735.3K | $333.9K | ||||
| Notes And Loans Receivable Net Current | $281.7K | $1.9M | $2.7M | ||||||
| Minority Interest | $3.3M | $3.0M | $3.1M | -$46.6K | -$27.8K | ||||
| Prepayments For Lease Of Land | $304.8K | $353.3K | $367.6K | $366.4K | |||||
| Lease Liability | -$306.4K | -$362.6K | -$230.8K | -$153.6K | |||||
| Deposits Assets Noncurrent | $239.5K | $181.2K | $700.9K |
Cash Flow Statement
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Net Cash Provided By Used In Operating Activities | -$1.5M | $54.2K | -$661.7K | $2.9M | -$1.0M | $1.4M | $1.3M | -$537.7K |
| Net Cash Provided By Used In Investing Activities | -$1.8M | -$3.8M | -$3.3M | -$4.0M | -$4.1M | -$203.1K | -$504.0K | -$1.8M |
| Increase Decrease In Other Accrued Liabilities | -$127.8K | $81.6K | -$167.6K | -$4.4K | $179.7K | $408.7K | $86.0K | -$598.8K |
| Increase Decrease In Accounts Receivable | $2.3M | -$2.8M | -$1.1M | $104.2K | $5.5M | $3.1M | $792.0K | $777.4K |
| Increase Decrease In Accounts Payable | -$132.1K | $548.6K | $103.8K | -$375.1K | $260.4K | $94.5K | -$548.5K | -$737.4K |
| Increase Decrease In Accrued Income Taxes Payable | -$4.1K | -$102.3K | $3.6K | $905.7K | $536.0K | $618.1K | $296.9K | -$15.0K |
| Payments To Acquire Short Term Investments | $10.7M | $6.3M | $996.6K | $2.0M | $2.5M | $2.9M | $1.8M | |
| Increase Decrease In Other Current Assets | -$168.5K | -$27.7K | -$66.1K | -$1.3M | $1.1M | -$119.5K | $659.1K | $237.7K |
| Payments To Acquire Other Property Plant And Equipment | $3.0M | $839.7K | $1.6M | $1.8M | $160.6K | $1.3M | $668.1K | |
| Increase Decrease In Customer Advances | $369.2K | $496.00 | $6.4K | -$476.3K | -$125.9K | $146.9K | ||
| Employee Benefits And Share Based Compensation | $160.8K | $211.8K | $168.4K | $160.0K | -$14.5K | $110.9K | ||
| Stock Issued During Period Value Share Based Compensation | $109.7K | $135.5K | $160.8K | $211.8K | $168.4K | $160.0K | $110.9K | |
| Net Cash Provided By Used In Financing Activities | $3.8M | $1.9M | $11.5M | -$1.2M | $4.3M | $2.7M | ||
| Increase Decrease In Prepaid Expense | -$1.3M | $388.7K | $659.5K | -$171.1K | ||||
| Increase Decrease In Deferred Income Taxes | $326.0K | $405.3K | -$552.3K | -$207.2K | ||||
| Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations | -$271.3K | -$236.9K | -$2.5K | $875.3K | -$99.0K | |||
| Share Based Compensation | $109.7K | $135.5K | $160.8K | $211.8K |
Per-Share & Share Counts
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Diluted EPS * | -$0.12 | -$4.35 | -$1.13 | $0.10 | $0.18 | $0.19 | $0.15 | $0.08 |
| Weighted Average Number Of Diluted Shares Outstanding | 5.2M | 2.6M | 2.6M | 2.5M | 24.4M | 21.6M | ||
| Earnings Per Share Basic | $-0.12 | $-4.35 | $-1.13 | $0.10 | $0.18 | $0.19 | ||
| Weighted Average Number Of Shares Outstanding Basic | 5.2M | 2.6M | 2.6M | 2.5M | 24.4M |
Other Metrics
Annual (10-K / 20-F)
| Metric \ Fiscal Year | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Statutory Accounting Practices Statutory Capital And Surplus Balance | $1.4M | $1.4M | $1.3M | $1.2M | $801.5K | $415.8K | $20.5K | |
| Prepaid Expense Current | $81.2K | $1.4M | $1.0M | $395.0K | $554.3K | $325.5K | $562.6K | |
| Cost Depreciation Amortization And Depletion | $383.3K | $341.6K | $202.3K | $102.9K | $38.7K | $16.3K | ||
| Additional Paid In Capital | $25.1M | $25.0M | $23.0M | $22.8M | $12.0M | $11.9M | ||
| Prepayments | -$659.5K | $171.1K | -$197.4K | $231.9K | -$583.6K | $6.4K | ||
| Customer Advances Current | $395.3K | $7.4K | $6.8K | $74.0K | $553.4K |
Most recent annual filing with the SEC: April 25, 2025
Data sourced from SEC EDGAR public filings as of August 4, 2026.