XML 14 R4.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 28,395,058 $ 117,971,732 $ 165,570,233 $ 268,129,646
Operating costs and expenses:        
Payroll 27,923,404 23,118,034 76,426,084 59,144,729
Contract services 8,873,901 2,460,082 27,757,845 11,496,358
Medical supplies 2,486,083 4,942,959 9,327,114 9,915,621
Insurance expense 3,506,667 3,053,678 7,434,346 6,672,983
Depreciation and amortization 4,330,167 1,871,799 9,859,513 5,873,439
Other 7,743,282 6,516,712 21,843,273 15,230,873
Total operating costs and expenses 54,863,504 41,963,264 152,648,175 108,334,003
Gross profit (loss) (26,468,446) 76,008,468 12,922,058 159,795,643
Corporate and other costs:        
Acquisition costs 0 0 3,885,666 0
Impairment of goodwill 408,466,575 0 408,466,575 0
General and administrative expenses 4,077,255 1,545,685 11,721,597 5,067,725
Total corporate and other costs 412,543,830 1,545,685 424,073,838 5,067,725
Operating income (loss) (439,012,276) 74,462,783 (411,151,780) 154,727,918
Interest expense, net 3,402,606 1,260,187 9,628,189 4,251,277
Other expense (income) (630,450) (1,745,277) 346,873 (5,666,633)
Income (loss) before taxes (441,784,432) 74,947,873 (421,126,842) 156,143,274
Income tax expense (benefit) (8,543,880) 453,621 11,285,729 1,091,975
Net income (loss) (433,240,552) 74,494,252 (432,412,571) 155,051,299
Less: net income (loss) attributable to noncontrolling interests (10,722,749) 20,700,975 (12,052,765) 36,436,485
Net income (loss) attributable to Nutex Health Inc. $ (422,517,803) $ 53,793,277 $ (420,359,806) $ 118,614,814
Earnings (loss) per common share        
Basic $ (0.65) $ 0.09 $ (0.67) $ 0.20
Diluted $ (0.65) $ 0.09 $ (0.67) $ 0.20
Hospital Division [Member]        
Revenue:        
Total revenue $ 21,244,305 $ 117,971,732 $ 151,976,226 $ 268,129,646
Population Health Management Division [Member]        
Revenue:        
Total revenue $ 7,150,753 $ 0 $ 13,594,007 $ 0