XML 41 R3.htm IDEA: XBRL DOCUMENT v3.21.2
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended 12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2018
Income Statement [Abstract]              
Revenue $ 251,524 $ 207,170 $ 690,887 $ 603,376 $ 817,075 $ 786,360 $ 657,609
Operating expenses:              
Physician and practice expense 190,055 160,432 521,105 467,059 629,487 622,632 527,923
Cost of platform 35,314 25,241 131,007 77,133 105,006 95,256 73,227
Sales and marketing 4,588 2,709 18,950 7,381 11,343 9,156 11,737
General and administrative 33,910 9,788 216,563 29,196 44,016 41,827 41,497
Depreciation and amortization 466 457 1,351 1,389 1,843 1,427 1,070
Total operating expenses 264,333 198,627 888,976 582,158 791,695 770,298 655,454
Operating income (12,809) 8,543 (198,089) 21,218 25,380 16,062 2,155
Interest expense 292 504 885 1,480 1,917 6,910 6,420
Income (loss) before (benefit from) provision for income taxes (13,101) 8,039 (198,974) 19,738 23,463 9,152 (4,265)
(Benefit from) provision for income taxes (2,210) (8,561) (20,214) (7,387) (7,441) 1,207 (76)
Net income (loss) (10,891) 16,600 (178,760) 27,125 30,904 7,945 (4,189)
Less: Net loss attributable to non-controlling interests (1,776) (85) (2,509) (255) (340) (299) (1,145)
Net income (loss) attributable to Privia Health Group, Inc $ (9,115) $ 16,685 $ (176,251) $ 27,380 $ 31,244 $ 8,244 $ (3,044)
Net income (loss) per share attributable to Privia Health Group, Inc. stockholders – basic (in usd per share) $ (0.09) $ 0.17 $ (1.74) $ 0.29 $ 0.33 $ 0.09 $ (0.03)
Net income (loss) per share attributable to Privia Health Group, Inc. stockholders – diluted (in usd per share) $ (0.09) $ 0.17 $ (1.74) $ 0.29 $ 0.33 $ 0.09 $ (0.03)
Weighted average common shares outstanding - basic (in shares) 105,896,622 95,950,929 101,576,775 95,945,804 95,950,062 95,931,549 95,880,506
Weighted average common shares outstanding – diluted (in shares) 105,896,622 95,950,929 101,576,775 95,945,804 95,950,062 95,931,549 95,880,506