| Schedule of Discontinued Operation of Unaudited Balance Sheet and Operation Statement |
Carrying
amounts of major classes of liabilities of EPIC and the other non-operating subsidiaries included as part of discontinued operations
in the consolidated balance sheets as of December 31, 2023 and 2022 consisted of the following:
Schedule
of Discontinued Operation of Unaudited Balance Sheet and Operation Statement
| |
|
December
31,
2023 |
|
|
December
31,
2022 |
|
| |
|
|
|
|
|
|
| Accounts
payable |
|
$ |
1,425,083 |
|
|
$ |
1,425,083 |
|
| Accrued
expenses (1) |
|
|
7,666,630 |
|
|
|
520,051 |
|
| Finance
lease obligation (2) |
|
|
220,461 |
|
|
|
220,461 |
|
| Current
liabilities of discontinued operations |
|
$ |
9,312,174 |
|
|
$ |
2,165,595 |
|
| (1) |
Included
in accrued expenses at December 31, 2023 was $7.3 million awarded to CIGNA Health under the
terms of a lawsuit, which is more fully discussed in Note 14. |
| |
|
| (2) |
As
of December 31, 2023 and 2022, the Company was in default under the finance lease obligation.
Therefore, the aggregate future minimum lease payments under this finance lease totaling
$0.2 million are deemed to be immediately due. |
Line
items constituting (loss) income from discontinued operations in the consolidated statements of operations for the years ended December
31, 2023 and 2022 consisted of the following:
Consolidated
(Loss) Income from Discontinued Operations:
| |
|
2023 |
|
|
2022 |
|
| |
|
Year
Ended December 31, |
|
| |
|
2023 |
|
|
2022 |
|
| |
|
|
|
|
|
|
| Other (expense)
income, net (1) |
|
$ |
(7,195,076 |
) |
|
$ |
56,844 |
|
| Provision for income taxes |
|
|
- |
|
|
|
- |
|
| (Loss)
income from discontinued operations |
|
$ |
(7,195,076 |
) |
|
$ |
56,844 |
|
| (1) |
Included
in other expense for the year ended December 31, 2023 was $7.3 million awarded to CIGNA Health
under the terms of a lawsuit, which is more fully discussed in Note 14. |
|