Medical Care Technologies Inc. (MDCE)
Medical Care Technologies, Inc. engages in the operation of an online auction house that provides an online platform for memorabilia collectors and professional athletes to consign and sell high valued collectibles in a secure online auction format. The company was founded on February 2, 2007 and is headquartered in Mesa, AZ.
Sector: Services-Business Services, NEC
Industry: Medical - Care Facilities
Medical Care Technologies Inc.
OTC:MDCEHealthcare · Medical - Care Facilities
$0.0001
Mkt Cap$325K
Float2.88B
O/S3.25B
Inst Own-
SI0.2%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$1.07M
Net Income$231K
Total Assets$1.89M
Free Cash Flow$155K
Debt & Equity
Debt 1%
Equity 99%
Total Debt$10K
Total Equity$1.86M
Shares Outstanding
Short Interest
Split History2 splits · 2 reverse
- 1:1,000Reverse splitAug 25, 20141,000 shares → 1
- 1:2,000Reverse splitAug 2, 20132,000 shares → 1
Balance Sheet Details
Assets$1.89M
Liabilities$27K
Accounts Receivable$0
Accounts Payable$0
Inventory$1.39M
PP&E (Net)$0
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
| Revenue | $1.07M | $656K | $732K | $3.47M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| YoY Growth | 63.3% | -10.3% | -78.9% | - | - | - | - | - | - | - | - |
| Cost of Revenue | $496K | $335K | $789K | $2.14M | $0 | $0 | $10K | $495K | $0 | $0 | $0 |
| Gross Profit | $576K | $322K | -$57K | $1.33M | $0 | $0 | -$10K | -$495K | $0 | $0 | $0 |
| Gross Margin | 53.8% | 49.0% | -7.8% | 38.3% | - | - | - | - | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $338K | $169K | $324K | $231K | $4.33M | $1.17M | $1.2M | $1.43M | $84K | $6K | $22K |
| Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Operating Expenses | $338K | $169K | $324K | $231K | $4.33M | $1.17M | $1.21M | $1.94M | $84K | $6K | $38K |
| Operating Income (EBIT) | $238K | $153K | -$381K | $1.1M | -$4.33M | -$1.17M | -$978K | -$1.94M | -$84K | -$6K | -$38K |
| Operating Margin | 22.2% | 23.3% | -52.1% | 31.7% | - | - | - | - | - | - | - |
| Interest Expense | $7K | $3K | $6K | $0 | $25K | $414K | $487K | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$7K | -$3K | -$6K | -$5 | -$25K | -$1.6M | $0 | $2K | -$764 | $0 | $0 |
| Income Before Tax (EBT) | $231K | $150K | -$388K | $1.1M | -$4.36M | -$2.77M | -$1.21M | -$1.94M | -$84K | $0 | $0 |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | -$10K | $716K | -$2K | $764 | $56K | $38K |
| Net Income | $231K | $150K | -$388K | $1.1M | -$4.36M | -$2.76M | -$1.92M | -$1.94M | -$85K | -$56K | -$38K |
| Net Income Margin | 21.5% | 22.9% | -52.9% | 31.7% | - | - | - | - | - | - | - |
| Supplementary Data | |||||||||||
| EPS | 0.00 | 0.00 | -0.00 | 0.00 | -4.83 | -2816.44 | -12492.77 | -24252.59 | -1737.16 | -1137.59 | -20000.00 |
| Diluted EPS | 0.00 | 0.00 | -0.00 | 0.00 | -4.83 | -2816.44 | -12492.77 | -24252.59 | -1737.16 | -1137.59 | -20000.00 |
| Weighted Average OS | 3.25B | 3.31B | 3.21B | 3.21B | 901,923 | 981 | 154 | 80 | 49 | 49 | 0 |
| EBITDA | $238K | $153K | $0 | $1.33M | -$4.33M | -$2.36M | -$1.44M | -$1.69M | -$85K | -$6K | -$38K |
| EBITDA Margin | 22.2% | 23.3% | - | 38.3% | - | - | - | - | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
| Assets | |||||||||||
| Current Assets | |||||||||||
| Cash and Cash Equivalents | $278K | $52K | $35K | $12K | $0 | $0 | $3K | $391 | $475 | $10K | $31K |
| Short-Term Investments | $213K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $491K | $52K | $35K | $12K | $0 | $0 | $3K | $391 | $475 | $10K | $31K |
| Accounts Receivable | $0 | $0 | $0 | $0 | $23K | $23K | $0 | $0 | $0 | $0 | $0 |
| Inventory | $1.39M | $1.32M | $0 | $1.03M | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $96K | $0 | -$1 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $1.89M | $1.47M | $603K | $1.05M | $23K | $23K | $45K | $7K | $475 | $10K | $31K |
| Long-Term Assets | |||||||||||
| Property, Plant & Equipment Net | $0 | $0 | $0 | $0 | $0 | $0 | $6K | $10K | $0 | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $458K | $0 | $0 | $0 | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $232K | $232K | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $0 | $0 | $0 | $0 | $0 | $703 | $5K | $0 | $0 | $0 | $0 |
| Total Long-Term Assets | $0 | $0 | $0 | $0 | $232K | $232K | $469K | $10K | $0 | $0 | $0 |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Assets | $1.89M | $1.47M | $603K | $1.05M | $255K | $256K | $514K | $17K | $475 | $10K | $31K |
| Liabilities | |||||||||||
| Current Liabilities | |||||||||||
| Accounts Payable | $0 | $0 | $0 | $54K | $159K | $157K | $91K | $78K | $31K | $24K | $0 |
| Short-Term Debt | $10K | $68K | $39K | $28K | $416K | $406K | $175K | $93K | $14K | $0 | $0 |
| Current Income Tax Payable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Current Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $100K | $70K | $0 | $0 | $0 |
| Other Current Liabilities | $17K | $14K | $22K | $22K | $447K | $420K | $156K | $121K | $25K | $0 | $23K |
| Total Current Liabilities | $27K | $82K | $69K | $124K | $1.02M | $983K | $521K | $302K | $71 | $52K | $23K |
| Long-Term Liabilities | |||||||||||
| Long-Term Debt | $0 | $0 | $0 | $0 | $3K | $3K | $131K | $0 | $57K | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $0 | $0 | $0 | $0 | $3K | $3K | $131K | $0 | $57 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $27K | $82K | $69K | $124K | $1.02M | $986K | $652K | $302K | $127K | $52K | $23K |
| Stockholders' Equity | |||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $33K | $33K | $32K | $32K | $36K | $38K | $3K | $2K | $989 | $989 | $86 |
| Retained Earnings | -$10.43M | -$10.66M | -$10.81M | -$10.42M | -$11.46M | -$7.1M | -$4.29M | -$2.12M | -$178K | -$93K | -$38K |
| Comprehensive Income & Other | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $5K |
| Other Stockholders' Equity | $12.26M | $12.01M | $11.31M | $11.31M | $10.66M | $6.33M | $4M | $1.83M | $51K | $51K | $46K |
| Total Equity | $1.86M | $1.38M | $534K | $921K | -$769K | -$731K | -$290K | -$285K | -$127K | -$42K | $8K |
| Minority Interest | $0 | $0 | $0 | $0 | $0 | $0 | $151K | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $1.89M | $1.47M | $603K | $1.05M | $255K | $256K | $363K | $17K | $475 | $10K | $31K |
| Supplementary Data | |||||||||||
| Total Debt | $10K | $68K | $39K | $28K | $419K | $409K | $306K | $93K | $71K | $0 | $0 |
| Net Debt | -$268K | $15K | $4K | $16K | $419K | $409K | $302K | $92K | $70 | -$10K | -$31K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2012 | FY 2011 | FY 2010 | FY 2009 | FY 2008 | FY 2007 |
|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 | 2008-12-31 | 2007-12-31 |
| Operating Activities | ||||||||||
| Net Income | $231K | $150K | -$388K | $1.1M | -$2.76M | -$1.93M | -$1.94M | -$85K | -$56K | -$38K |
| Depreciation & Amortization | $0 | $0 | $381K | $0 | $0 | $10K | $517K | $0 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | $0 | $253K | -$1.21M | $0 | $0 | $0 |
| Stock-Based Compensation | $0 | $0 | $0 | $0 | $0 | $788K | $1.21M | $0 | $0 | $0 |
| Changes in Working Capital: | ||||||||||
| Accounts Receivable | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | -$78K | -$750K | $467K | -$1.03M | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | $0 | $0 | $0 | $54K | $128K | $75K | $77K | $7K | $0 | $0 |
| Other Working Capital | $2K | -$17K | -$532 | $20K | $43K | -$15K | $4K | -$4K | $0 | $0 |
| Total Working Capital Change | -$75K | -$766K | $467K | -$960K | $171K | $60K | $81K | $3K | $29K | -$426 |
| Other Non-Cash Items | $0 | $0 | -$430K | $0 | $2.22M | $704K | -$2K | $0 | $6K | $5K |
| Net Cash from Operating | $155K | -$616K | $30K | $140K | -$245K | -$372K | -$134K | -$82K | -$21K | -$33K |
| Investing Activities | ||||||||||
| Capital Expenditures | $0 | $0 | $0 | $0 | -$154K | -$464K | -$56K | $0 | $0 | $0 |
| Acquisitions | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | $0 | $0 | -$458K | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $0 | $0 | $0 | $0 | -$154K | -$464K | -$56K | $0 | $0 | $0 |
| Financing Activities | ||||||||||
| Debt Repaid | - | - | - | - | - | -$677K | -$90K | -$71K | - | - |
| Common Stock Issuance | $245K | $0 | $0 | $0 | $0 | $0 | $100K | $0 | $0 | $41K |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | -$117K | $605K | -$14K | -$156K | $396K | $162K | $0 | $0 | $0 | $23K |
| Net Cash from Financing | $70K | $633K | -$6K | -$128K | $396K | $839K | $190K | $73K | $0 | $64K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | $226K | $17K | $24K | $12K | -$3K | $3K | -$84 | -$9K | -$21K | $31K |
| Supplementary Data | ||||||||||
| Operating Cash Flow | $155K | -$616K | $30K | $140K | -$245K | -$372K | -$134K | -$82K | -$21K | -$33K |
| Capital Expenditure | $0 | $0 | $0 | $3 | -$154K | -$464K | -$56K | $0 | $0 | $0 |
| Free Cash Flow | $155K | -$616K | $30K | $140K | -$399K | -$836K | -$190K | -$82K | -$21K | -$33K |
| Cash at Beginning | $52K | $35K | $12K | $0 | $3K | $391 | $475 | $10K | $31K | $0 |
| Cash at End | $278K | $52K | $35K | $12K | $331 | $3K | $391 | $475 | $10K | $31K |