XML 40 R2.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2019
Current assets:      
Cash and cash equivalents $ 362,112 $ 84,633 $ 46,889
Accounts receivable 98,384 99,118 77,339
Prepaid expenses and other current assets 8,928 6,333 5,371
Total current assets 469,424 190,084 129,599
Non-current assets:      
Property and equipment, net 4,341 4,814 5,622
Related party receivables   0 4,030
Right-of-use asset 5,377 0  
Intangible assets, net 5,498 5,980 6,622
Goodwill 118,663 118,663 118,663
Deferred tax asset 25,374 4,953 0
Other non-current assets 3,384 4,475 5,669
Total non-current assets 162,637 138,885 140,606
Total assets 632,061 328,969 270,205
Current liabilities:      
Accounts payable 3,266 5,235 525
Accrued expenses 31,303 31,185 27,939
Physician and practice liability 144,996 106,811 82,269
Current portion of notes payable to related parties   0 2,500
Current portion of note payable 875 875 875
Operating lease liabilities, current 2,200 0  
Other current liabilities 4,602 2,832 1,112
Total current liabilities 187,242 146,938 115,220
Non-current liabilities:      
Notes payable to related parties   0 6,200
Note payable, net of current portion 31,664 32,784 33,525
Deferred tax liabilities, net   0 2,881
Operating lease liabilities, non-current 7,827 0  
Other non-current liabilities 333 5,595 4,923
Total non-current liabilities 39,824 38,379 47,529
Total liabilities 227,066 185,317 162,749
Commitments and contingencies (Note 11)
Stockholders’ equity:      
Common stock 1,062 960 959
Additional paid-in capital 605,667 165,666 160,375
Accumulated deficit (196,129) (19,878) (51,122)
Total Privia Health Group, Inc. stockholders’ equity 410,600 146,748 110,212
Non-controlling interest (5,605) (3,096) (2,756)
Total stockholders’ equity 404,995 143,652 107,456
Total liabilities and stockholders’ equity $ 632,061 $ 328,969 $ 270,205