GRST · ETHEMA HEALTH Corp · Debt
Substantial doubt about the company's ability to continue as a going concern.
“Based on the uncertainties described above, we believe our business plan does not alleviate the existence of substantial doubt about our ability to continue as a going concern within one year from the date of the issuance of these consolidated financial statements.”View the 10-K filed Jul 1, 2026
Key customers — 100% of revenue (the years ended December 31, 2025 and 2024)
“During the years ended December 31, 2025 and 2024, the Company derived approximately 100% of its in-patient revenues from a group of commercial health care insurers.”
Debt Profile
Reported borrowing balances, repayment dates and agreement terms, with links to the underlying filings.
Reported debt balances
Each amount keeps its reported scope. Related balance-sheet measures appear under the borrowing they describe.
| Reported balance | As of | Amount | Source |
|---|---|---|---|
| Current debt and lease obligations | 2025-12-31 | USD 4,552,297 | 10-K filed 2026-07-01 |
| Current portion of convertible notes payable | 2025-12-31 | USD 4,017,962 | 10-K filed 2026-07-01 |
| Finance lease liabilities | 2025-12-31 | USD 7,363 | 10-K filed 2026-07-01 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Operating lease liabilities | 2025-12-31 | USD 19,642,838 | 10-K filed 2026-07-01 |
Related accounting measures — not additional borrowingCarrying amounts can reflect issuance costs or discounts. Differences between these measures are not necessarily repayments due within a year.
| |||
| Short-term borrowings | 2025-12-31 | USD 3,253,727 | 10-K filed 2026-07-01 |
Covenants
Covenant terms have not yet been verified for this profile.
The balance figures do not establish whether covenants apply or whether the company complies with them.
Loans, facilities and notes
The instrument breakdown is not yet verified. Read the debt note in the linked report for borrowing terms and maturity conditions.