Company research
SUNLINK HEALTH SYSTEMS INC
CIK 96793Updated Sep 26, 2026
Name history
KRUG INTERNATIONAL CORP · through Apr 16, 2001
Filing activity
Latest filing
50 filings on record · SCHEDULE 13G/A, 15-12G, 25-NSE, 4, S-8 POS, 8-K.
About the company
SunLink, headquartered in Atlanta, Georgia, is the parent company of subsidiaries that own and operate Carmichael’s Cashway Pharmacy. For more information, visit https://www.sunlinkhealth.com.
Financials
FY 2024 · USDSource
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balance sheet · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| ASSETS | ||||
| AssetsUSD | 20,612,000Source | 23,269,000Source | 27,943,000Source | 31,564,000Source |
| Property, Plant and Equipment, NetUSD | 2,809,000Source | 8,281,000Source | 8,217,000Source | 6,554,000Source |
| Intangible Assets, Net (Excluding Goodwill)USD | 1,180,000Source | 1,180,000Source | 1,201,000Source | 1,227,000Source |
| Current assets: | ||||
| Cash and Cash Equivalents, at Carrying ValueUSD | 7,170,000Source | 4,486,000Source | 6,794,000Source | 9,962,000Source |
| Inventory, NetUSD | 1,553,000Source | 1,754,000Source | 1,748,000Source | 1,890,000Source |
| Assets, CurrentUSD | 15,664,000Source | 12,274,000Source | 16,815,000Source | 21,941,000Source |
| Prepaid Expense and Other Assets, CurrentUSD | 1,611,000Source | 1,783,000Source | 1,888,000Source | 2,314,000Source |
| Operating Lease, Right-of-Use AssetUSD | 516,000Source | 1,045,000Source | 1,187,000Source | 1,251,000Source |
| Other Assets, NoncurrentUSD | 443,000Source | 489,000Source | 523,000Source | 591,000Source |
| LIABILITIES AND EQUITY | ||||
| Stockholders’ equity: | ||||
| Preferred Stock, Value, IssuedUSD | 0Source | 0Source | 0Source | 0Source |
| Common Stock, Value, IssuedUSD | 3,521,000Source | 3,516,000Source | 3,478,000Source | 3,463,000Source |
| Retained Earnings (Accumulated Deficit)USD | 1,478,000Source | 3,005,000Source | 4,800,000Source | 6,809,000Source |
| Accumulated Other Comprehensive Income (Loss), Net of TaxUSD | 227,000Source | 150,000Source | 106,000Source | -162,000Source |
| Additional Paid in Capital, Common StockUSD | 10,747,000Source | 10,746,000Source | 10,736,000Source | 10,700,000Source |
| Liabilities and EquityUSD | 20,612,000Source | 23,269,000Source | 27,943,000Source | 31,564,000Source |
| Current liabilities: | ||||
| Liabilities, CurrentUSD | 4,213,000Source | 4,869,000Source | 7,691,000Source | 9,665,000Source |
| Operating Lease, Liability, CurrentUSD | 331,000Source | 395,000Source | 352,000Source | 403,000Source |
| Accounts Payable, CurrentUSD | 1,905,000Source | 1,849,000Source | 1,347,000Source | 1,096,000Source |
| Operating Lease, Liability, NoncurrentUSD | 197,000Source | 674,000Source | 857,000Source | 875,000Source |
| Deferred Income Tax Liabilities, NetUSD | — | 69,000Source | 69,000Source | — |
| Other Liabilities, NoncurrentUSD | 180,000Source | 102,000Source | 106,000Source | 131,000Source |
| Additional Financial Items | ||||
| Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after TaxUSD | 227,000Source | 150,000Source | 106,000Source | -162,000Source |
| Deferred Tax Liabilities, NetUSD | 69,000Source | 69,000Source | 69,000Source | — |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 0Source | 14,000Source | — |
| Long-term Debt, Current MaturitiesUSD | — | 14,000Source | 40,000Source | 3,009,000Source |
| Long-term Debt, Excluding Current MaturitiesUSD | — | 0Source | 14,000Source | 52,000Source |
cash flow · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Cash flows from operating activities: | ||||
| Net Income (Loss), Including Portion Attributable to Noncontrolling InterestUSD | -1,527,000Source | -1,795,000Source | -2,009,000Source | 6,890,000Source |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||
| Depreciation, Depletion and AmortizationUSD | 1,373,000Source | 1,765,000Source | 1,543,000Source | 1,361,000Source |
| Share-based Payment Arrangement, Noncash ExpenseUSD | 0Source | 0Source | 0Source | 0Source |
| Changes in operating assets and liabilities: | ||||
| Increase (Decrease) in InventoriesUSD | -75,000Source | 6,000Source | -143,000Source | 24,000Source |
| Deferred Income Tax Expense (Benefit)USD | -5,000Source | -38,000Source | 69,000Source | 0Source |
| Net Cash Provided by (Used in) Operating ActivitiesUSD | -2,978,000Source | -540,000Source | -4,000Source | 1,365,000Source |
| Cash flows from investing activities: | ||||
| Net Cash Provided by (Used in) Investing ActivitiesUSD | 5,670,000Source | -1,776,000Source | -3,128,000Source | -2,552,000Source |
| Payments to Acquire Property, Plant, and EquipmentUSD | 1,467,000Source | 2,000,000Source | 3,190,000Source | 2,595,000Source |
| Cash flows from financing activities: | ||||
| Payments for Repurchase of Common StockUSD | — | — | — | 0Source |
| Net Cash Provided by (Used in) Financing ActivitiesUSD | -8,000Source | 8,000Source | -36,000Source | -35,000Source |
| Repayments of Long-term DebtUSD | 14,000Source | 40,000Source | 36,000Source | 35,000Source |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash EquivalentsUSD | 7,170,000Source | 4,486,000Source | 6,794,000Source | 9,962,000Source |
| Supplemental disclosure of cash flow information: | ||||
| Income Taxes Paid, NetUSD | 104,000Source | — | 141,000Source | 293,000Source |
| Additional Financial Items | ||||
| Share-based Payment Arrangement, ExpenseUSD | 0Source | 0Source | 0Source | 0Source |
| Amortization of Intangible AssetsUSD | 0Source | 21,000Source | 26,000Source | 27,000Source |
| DepreciationUSD | 1,373,000Source | 1,744,000Source | 1,517,000Source | 1,335,000Source |
| Gain (Loss) on Disposition of Property Plant EquipmentUSD | 2,000Source | 30,000Source | 10,000Source | 13,000Source |
| Gain (Loss) on Extinguishment of DebtUSD | — | — | — | 0Source |
| Gain (Loss) on Disposition of Assets for Financial Service OperationsUSD | 2,000Source | 30,000Source | 10,000Source | 13,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -2,311,000Source | -1,655,000Source | -1,722,000Source | 6,937,000Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 784,000Source | -140,000Source | -287,000Source | -47,000Source |
| Income Tax Expense (Benefit)USD | -5,000Source | -7,000Source | 107,000Source | 63,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,527,000Source | -1,795,000Source | -2,009,000Source | 6,890,000Source |
| Operating Lease, ExpenseUSD | 367,000Source | 500,000Source | 552,000Source | 553,000Source |
| Proceeds from Issuance of Long-term DebtUSD | — | — | — | 0Source |
| Proceeds from Stock Options ExercisedUSD | 6,000Source | 48,000Source | — | — |
income statement · annual statements
| Line item | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|
| Total RevenueUSD | 32,440,000Source | 47,949,000Source | 41,344,000Source | 40,685,000Source |
| Cost of RevenueUSD | 18,253,000Source | — | — | — |
| Gross Profit (Calculated) · Derived | — | — | — | — |
| Operating Income (Loss)USD | -2,411,000Source | -2,322,000Source | -5,340,000Source | 1,871,000Source |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling InterestUSD | -2,316,000Source | -1,662,000Source | -1,615,000Source | — |
| Income Tax Expense (Benefit)USD | -5,000Source | -7,000Source | 107,000Source | 63,000Source |
| Net Income (Loss) Attributable to ParentUSD | -1,527,000Source | -1,795,000Source | -2,009,000Source | 6,890,000Source |
| Earnings Per Share, BasicUSD per share | -0.22Source | -0.26Source | -0.29Source | 1Source |
| Earnings Per Share, DilutedUSD per share | -0.22Source | -0.26Source | -0.29Source | 0.99Source |
| Weighted Average Number of Shares Outstanding, Basicshares | 7,038,000Source | 7,019,000Source | 6,945,000Source | 6,907,000Source |
| Weighted Average Number of Shares Outstanding, Dilutedshares | 7,038,000Source | 7,019,000Source | 6,945,000Source | 6,989,000Source |
| Additional Financial Items | ||||
| Amortization of Intangible AssetsUSD | 0Source | 21,000Source | 26,000Source | 27,000Source |
| Current Income Tax Expense (Benefit)USD | 0Source | 31,000Source | 38,000Source | 63,000Source |
| Depreciation, Depletion and Amortization, NonproductionUSD | 1,373,000Source | 1,765,000Source | 1,543,000Source | 1,361,000Source |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to ParentUSD | -2,311,000Source | -1,655,000Source | -1,722,000Source | 6,937,000Source |
| Income (Loss) from Continuing Operations, Per Basic ShareUSD per share | -0.33Source | -0.24Source | -0.25Source | 1Source |
| Income (Loss) from Continuing Operations, Per Diluted ShareUSD per share | -0.33Source | -0.24Source | -0.25Source | 0.99Source |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to ParentUSD | 784,000Source | -140,000Source | -287,000Source | -47,000Source |
| Interest Income (Expense), NetUSD | 93,000Source | 120,000Source | -15,000Source | -28,000Source |
| Labor and Related ExpenseUSD | 10,561,000Source | 19,193,000Source | 19,006,000Source | 13,797,000Source |
| Operating Lease, ExpenseUSD | 367,000Source | 500,000Source | 552,000Source | 553,000Source |
| Other Cost and Expense, OperatingUSD | 3,014,000Source | 4,763,000Source | 4,345,000Source | 4,029,000Source |
Filing attachments
ssy-ex99_1.htm · 425 · 2025-07-08
EX-99.1 2 ssy-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE NEWS RELEASE Contact: Robert M. Thornton, Jr. Chief Executive Officer (770) 933-7004 SunLink Health Systems announces that it received a NYSE American LLC notice indicating that SunLink has fallen below certain NYSE American continued listing standards because it failed to hold its annual meeting of stockholders for the fiscal year ending on June 30, 2025, as set forth in Section 704 of the NYSE American Compa…
Read attachment ↗ssy-ex99_1.htm · 425 · 2025-04-15
EX-99.1 2 ssy-ex99_1.htm EX-99.1 EX-99.1 Exhibit 99.1 REGIONAL HEALTH PROPERTIES AND SUNLINK HEALTH SYSTEMS REVISE ALL-STOCK MERGER TRANSACTION Atlanta, GA (April 15, 2025) - Regional Health Properties, Inc. (“Regional”) (OTCQB: RHEP) (OTCQB: RHEPA) and SunLink Health Systems, Inc. (“SunLink”) (NYSE American: SSY) jointly announced today that they have entered into an amended and restated agreement and plan of merger (the “merger agreement”), pursuant to which SunLink will merge with an…
Read attachment ↗