First Choice Healthcare Solutions FY26 H1 net loss widens to $8.45 million; revenue falls to $3,406
FCHS•Cash position and financing activity
Cash totaled $6,842 at June 30, 2026.
Net cash used in operations was $184,054, while financing provided $185,000 from convertible debt investments.
Revenue declines and operating loss widens
Revenue slipped to $3,406 from $5,456, with net patient service revenue accounting for all revenue.
Operating loss widened to $1.27 million as general and administrative expense climbed to $736,120 on higher legal and professional fees.
First Choice Healthcare Solutions reports wider H1 loss
First Choice Healthcare Solutions posted a net loss attributable to common shareholders of $8.45 million for the six months ended June 30, 2026.
The loss widened from $2.04 million a year earlier, driven by interest expense of $7.39 million tied to investor debt conversions.
