REDi_Health_2025_YE_Financials.pdf
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- Attached to
- 1301-26-R-IFBD-00074-V01
- Solicitation number
- 3160008132
- Issued by
- Mississippi
About this file
This is a year-end financial statement for REDi Health Analytics, LLC as of December 31, 2025. The document comprises a balance sheet and income statement for the private healthcare analytics company. REDi Health Analytics reported total assets of $847,928.76, consisting of $448,752.97 in cash equivalents, $331,818.00 in receivables from Blue Mountain Hospital, and $67,357.79 in fixed assets including vehicles, computers, and intellectual property. The company carried total liabilities of $342,795.44, including current liabilities of $255,532.90 from business credit facilities and long-term debt of $87,262.54 from auto loans. The equity section reflects five individual capital partners and Blue Mountain Hospital as an equity stakeholder, with the company reporting a net loss of $248,497.59 for the fiscal year ended December 31, 2025.
REDi Health Analytics generated total revenue of $2,577,492.50 during 2025, comprised of $2,007,887.50 from professional services and $569,605.00 from technology services, resulting in a gross profit of $2,118,904.17 after cost of goods sold of $458,588.33. Operating expenses totaled $2,372,467.05, with the largest expenditure category being labor and benefits at approximately $1,831,213.41, including salaries, owner guaranteed payments, contract labor, payroll taxes, and comprehensive employee benefits. Additional significant expenses included technology costs of $113,819.36, marketing and business development of $106,980.55, professional fees of $62,725.50, and travel and lodging of $50,697.74. The company's operating loss of $253,562.88 was partially offset by other income of $5,065.29, resulting in the year-end net loss of $248,497.59.
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Balance Sheet REDi Health Analytics, LLC Jul 13, 2026 Page 1 of 2
Balance Sheet REDi Health Analytics, LLC As of December 31, 2025 Cash Basis
DEC 31, 2025
Assets Current Assets
Cash and Cash Equivalents 1002 - Zions Money Market Sweep #9719 448,752.97 Total Cash and Cash Equivalents 448,752.97
1170 - Due from Blue Mountain Hospital 331,818.00 Total Current Assets 780,570.97
Fixed Assets 1110 - Vehicles 186,154.54
1120 - Computers 3,452.82
1140 - Trademark 20,381.00
1150 - Accumulated Depreciation (142,600.00)
1160 - Accumulated Amortization (30.57) Total Fixed Assets 67,357.79
Total Assets 847,928.76
Liabilities and Equity Liabilities
Current Liabilities 2050 - Business Visa (5873) - 3 5,191.35
2520 - Commercial LOC 250,341.55 Total Current Liabilities 255,532.90
Long Term Liabilities 2500 - Bank of America Auto Loan 28,954.25
2510 - Stellantis Financial Loan 58,308.29 Total Long Term Liabilities 87,262.54
Total Liabilities 342,795.44
Equity 3000 - Capital - Jeff Grandia 25,822.45
3010 - Capital - John Wadsworth 25,822.46
3011 - Capital - Larry Grandia 165,909.00
3012 - Capital - Brian Eliason 165,909.00
3013 - Capital - James Barnett 100,000.00
3014 - Capital - Blue Mountain Hospital 331,818.00
3020 - Partner Draws - Jeff Grandia (30,700.00)
Balance Sheet
DEC 31, 2025
Balance Sheet REDi Health Analytics, LLC Jul 13, 2026 Page 2 of 2
3030 - Partner Draws - John Wadsworth (30,950.00)
Current Year Earnings (248,497.59) Total Equity 505,133.32
Total Liabilities and Equity 847,928.76
Income Statement (Profit and Loss) REDi Health Analytics, LLC Jul 13, 2026 Page 1 of 2
Income Statement (Profit and Loss) REDi Health Analytics, LLC For the year ended December 31, 2025 Cash Basis
Income 4000 - Professional Services 2,007,887.50
4001 - Technology Services 569,605.00
Total Income 2,577,492.50
Cost of Goods Sold 4600 - Cost of Goods Sold 458,588.33
Total Cost of Goods Sold 458,588.33
Gross Profit 2,118,904.17
Operating Expenses 5000 - Labor - Salaries 1,005,711.97
5010 - Labor - Owners' Guaranteed Payments 333,250.00
5020 - Labor - Contract Labor 207,089.50
5080 - Labor - Payroll Tax 75,924.38
5090 - Labor - Payroll Processing 3,963.12
5100 - Labor Benefits - 401K Contributions 30,300.39
5101 - Labor Benefits - 401k Fees 9,033.99
5110 - Labor Benefits - Health and PreTax Benefits 148,882.02
5115 - Labor Benefits - HSA Contributions 3,029.22
5120 - Labor Benefits - Post Tax 2,392.99
5125 - Labor Benefits - Tech Reimbursement 6,722.98
5130 - Labor Benefits - Wellness Benefit 3,968.42
5135 - Labor - Learning & Development 624.99
5150 - Labor Benefits - Owners' Benefits 62,118.72
5151 - Labor Benefits - Owners' 401k Contributions 13,186.74
5155 - Owner Phone & Internet 8,515.71
5200 - Tech - Hardware & Supplies 11,971.21
5210 - Tech - Outsourced IT Services 22,140.00
5220 - Tech - Software 79,708.15
5310 - Marketing & BD - Business Development 72,938.23
5330 - Marketing & BD - Marketing 28,915.10
5350 - Marketing & BD - Entertainment 127.22
5390 - Referral Fees 5,000.00
5400 - Professional Fees Accounting 36,440.00
5410 - Professional Fees Consulting 3,550.00
5420 - Professional Fees Legal 22,735.50
Income Statement (Profit and Loss)
Income Statement (Profit and Loss) REDi Health Analytics, LLC Jul 13, 2026 Page 2 of 2
5500 - Bank & Credit Card Fees 5,250.94
5510 - Business Gifts 854.78
5520 - Business Insurance 6,343.09
5521 - Insurance Key Person Life 2,999.74
5522 - Insurance Workers Compensation 1,834.00
5540 - Team Engagement Events 1,539.01
5550 - Meals 25,409.54
5560 - Travel & Lodging 50,697.74
5570 - Other Operating Expense 223.60
5580 - Owner Auto Expense - Jeff Grandia 3,194.33
5581 - Owner Auto Fuel - Jeff Grandia 4,480.55
5590 - Owner Auto Expense - John Wadsworth 1,050.81
5591 - Owner Auto Fuel - John Wadsworth 4,515.05
5610 - Postage & Shipping 362.91
5630 - Publications and Resources 33,390.66
5640 - Supplies 693.04
5650 - Memberships and Dues 824.00
5660 - Taxes & Licenses 9,139.71
5670 - Interest Expense 21,392.43
5680 - Amortization Expense 30.57
Total Operating Expenses 2,372,467.05
Operating Income (253,562.88)
Other Income / (Expense) 5900 - Interest Income 3,197.58
5920 - Other Income 1,867.71
Total Other Income / (Expense) 5,065.29
Net Income (248,497.59)
| 2025 YE Balance Sheet |
| 2025 YE Income Statement |
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