United States Securities and Exchange Commission · EDGAR Accession 0002070024-25-000005

Form C-AR

Annual Report — Regulation Crowdfunding
Issuer CIK 1862090
Period 2023-12-31

Cheers Health, Inc.

CorporationDEIncorporated 2014HOUSTON, TXcheershealth.com
B

Financial Condition

two fiscal years, as filed
Revenue +7% YoYDebt / assets 7%21 employees
Line itemMost recent FYPrior FYΔ
Revenue8,438,0427,852,530▲ 7%
Cost of goods sold1,969,6751,671,223▲ 18%
Net income697,116819,014▼ 15%
Total assets7,115,8816,236,046▲ 14%
Cash & equivalents3,198,1862,310,540▲ 38%
Accounts receivable41,7046,970▲ 498%
Short-term debt303,677121,778▲ 149%
Long-term debt175,238182,731▼ 4%
Taxes paid244,396296,230▼ 17%

Figures in USD as reported by the issuer.