Annual report pursuant to Section 13 and 15(d)

Intangible Asset

v3.25.0.1
Intangible Asset
12 Months Ended
Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]  
Intangible Asset

Note 6 – Intangible Asset

 

At December 31, 2023 and 2022, the Company had an intangible asset valued at $259,443, which is a certificate of need acquired in the Jamestown Regional Medical Center acquisition. The certificate of need has an indefinite life and the hospital’s license was placed on inactive status for two years beginning in November 2022. The license’s inactive status was extended until October 2025.