Private company

HEALTH DISCOVERY CORP

HEALTH DISCOVERY CORP is an American patent owners and lessors company, incorporated in Georgia.1 It is headquartered in Devault, Pennsylvania.1

Last updated Oct 21, 2026.

Overview

  • IndustryPatent Owners & Lessors1
  • HeadquartersDevault, Pennsylvania1
  • Incorporated inGA2
  • Business addressPost Office Box 616, Devault, Pa 194322
  • Filer categoryNon-accelerated filer, Smaller reporting company2

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2020

-174200.0%Operating margin3
-75900.0%Net margin3
-99.9%Revenue growth, 20203
-202.4%Return on equity3

Where the money goes

Where each dollar of revenue went, fiscal 2020

  • Interest100¢$10.0K

Out of $1.0K in revenue.3 The company lost money this year.

Financial statements

Revenue43$1.0K in 2020−98% since 2016
0$500.0K$1.0M$1.5M$2.0M2016: $43.5K$43.5K20162017: $45.0K$45.0K2017+3%2018: $44.3K$44.3K2018−1%2019: $1.5M$1.5M2019+3328%2020: $1.0K$1.0K2020−100%
Operating income543-$1.7M in 2020
-$2.0M-$1.5M-$1.0M-$500.0K0$500.0K2014: $38.4K$38.4K20142015: -$800.6K-$800.6K20152016: -$954.1K-$954.1K2016+19%2017: -$859.6K-$859.6K2017−10%2018: -$769.6K-$769.6K2018−10%2019: $79.0K$79.0K20192020: -$1.7M-$1.7M2020
Net income543-$759.0K in 2020
-$3.0M-$2.0M-$1.0M0$1.0M$2.0M2014: $176.6K$176.6K20142015: -$587.1K-$587.1K20152016: -$2.1M-$2.1M2016+252%2017: -$873.9K-$873.9K2017−58%2018: -$795.5K-$795.5K2018−9%2019: $1.6M$1.6M20192020: -$759.0K-$759.0K2020
Fiscal year2014201520162017201820192020
Revenue$43.5K4$45.0K4$44.3K4$1.5M4$1.0K3
Research and development$99.2K5$40.8K5$27.0K4$04$04$04
Operating income$38.4K5-$800.6K5-$954.1K4-$859.6K4-$769.6K4$79.0K3-$1.7M3
Interest$1.2K4$25.9K4$37.0K3$10.0K3
Income tax$04$04$04$04
Net income$176.6K5-$587.1K5-$2.1M4-$873.9K4-$795.5K4$1.6M3-$759.0K3
Earnings per share$0.005$0.004$0.004$0.004$0.013-$0.003
Earnings per share (diluted)$0.005$0.003-$0.003

Compare HEALTH DISCOVERY CORP with another company

Corporate structure

HEALTH DISCOVERY CORP sits at the top of its group. 1 entity, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of HEALTH DISCOVERY CORP

  • HEALTH DISCOVERY CORP Devault, Pennsylvania

Built from major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What HEALTH DISCOVERY CORP reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$2.3M4 Dec 31, 2019$674 Dec 31, 2018+3426347.8%

Intangibles and goodwill

ItemLatestA year beforeChange
Accumulated amortization$4.0M4 Dec 31, 2019$3.8M4 Dec 31, 2018+4.0%
Finite-lived intangibles, net$03 Dec 31, 2020$03 Dec 31, 2019

Former names

  • DIRECT WIRELESS COMMUNICATIONS INCSep 28, 2001 to Jul 12, 20042

Timeline

  1. Jan 21, 20268-K Other events7
  2. Sep 12, 20258-K Regulation FD disclosure8
  3. Sep 18, 20248-K Other events9
  4. Jul 11, 20248-K Executive or director change10
  5. Jun 6, 20248-K Change of auditor11
  6. Oct 17, 20238-K Executive or director change; Regulation FD disclosure12
  7. Jul 5, 20238-K Executive or director change13
  8. Oct 26, 20228-K Executive or director change14
  9. Jun 22, 20228-K Executive or director change15
  10. Apr 6, 20228-K Other events16
  11. Mar 30, 20228-K Entered a material agreement17
  12. Dec 28, 20218-K Other events18

Filings

17 filings to the SEC since October 2021: 1 quarterly reports, 12 major events, 2 large holders, 2 other. The latest 17:

  1. Jun 12, 202615-15D NOTICE OF SUSPENSION OF DUTY TO FILE REPORTS EDGAR
  2. Jan 21, 20268-K CURRENT REPORT EDGAR
  3. Sep 12, 20258-K EDGAR
  4. Sep 18, 20248-K EDGAR
  5. Jul 11, 20248-K EDGAR
  6. Jun 6, 20248-K EDGAR
  7. Oct 17, 20238-K EDGAR
  8. Jul 5, 20238-K CURRENT REPORT EDGAR
  9. Feb 14, 2023SC 13G/A EDGAR
  10. Oct 26, 20228-K EDGAR
  11. Jun 22, 20228-K CURRENT REPORT EDGAR
  12. Apr 6, 20228-K CURRENT REPORT EDGAR
  13. Apr 5, 2022NT 10-K NOTICE OF LATE FILING EDGAR
  14. Mar 30, 20228-K CURRENT REPORT EDGAR
  15. Feb 14, 2022SC 13G HEALTH DISCOVERY CORP EDGAR
  16. Dec 28, 20218-K EDGAR
  17. Nov 15, 202110-Q EDGAR

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How HEALTH DISCOVERY CORP is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGARHEALTH DISCOVERY CORP1
  • CIK0001141788
  • Employer ID (EIN)74-30021541
  • Filer statusNon-accelerated filer<br>smaller reporting company1
  • Incorporated inGeorgia1
  • Fiscal year endsDecember 311
  • Industry code (SIC)6794 Patent Owners & Lessors1
  • SEC reviewing officeOffice of Real Estate & Construction, Division of Corporation Finance1
  • Business addressPost Office Box 616, Devault, PA 194321
  • Phone1-847-721-12001
  • Shares outstanding411,711,603 as of Nov 15, 202120
  • Public float$4.5M as of Jun 30, 20203
  • On EDGAR sinceJun 4, 20011
  • Filings293 in all: 8-K (132), 10-Q (37), 10QSB (15), 424B3 (14), 10-K (11), UPLOAD (9), NT 10-Q (7), POS AM (7)1
    All 31 form types

    SB-2/A (7), 10KSB (6), CORRESP (6), EFFECT (6), REGDEX/A (5), 10KSB/A (4), S-1/A (3), SB-2 (3), 10-K/A (2), NT 10-K (2), REGDEX (2), S-1 (2), S-8 (2), SC 13G (2), 10-Q/A (1), 10QSB/A (1), 15-15D (1), 8-K/A (1), AW (1), CT ORDER (1), D (1), D/A (1), SC 13G/A (1)

  • Latest filingsAnnual report (10-K) Mar 19, 2021
    Quarterly report (10-Q) Nov 15, 2021
    Latest 8-K (8-K) Jan 21, 2026