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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash and cash equivalents $ 40,629 $ 58,192
Restricted cash 508 18,609
Accounts receivable, net 28,658 22,761
Inventories 2,966 2,928
Due from related parties 31 40
Prepaid expenses and other current assets 3,785 4,217
Total current assets 76,577 106,747
Property and equipment, net 46,126 56,072
Intangible assets, net 110,563 115,313
Goodwill 284,177 284,268
Other assets 2,768 6,907
Total assets 520,211 569,307
Current Liabilities:    
Accounts payable 18,160 13,604
Accrued expenses 40,065 36,084
Deferred revenue 6,452 2,649
Due to related party 458 47
Income taxes payable 2,731 739
Related-party long-term debt, current 466 657
Long-term debt, current 18,827 22,093
Forward share purchase liability 0 18,051
Other current liabilities 3,069 2,780
Total current liabilities 90,228 96,704
Related-party long-term debt, noncurrent 336 331
Long-term debt, noncurrent 105,243 98,417
Deferred tax liabilities 19,181 28,281
Warrant liabilities, noncurrent 61 252
Derivative liability, noncurrent 1,307 7,977
Other long-term liabilities 2,971 3,502
Total liabilities 219,327 235,464
Commitments and Contingencies (Note 11)
Stockholders’ Equity:    
Common stock 15 14
Additional paid-in capital 683,697 665,461
Treasury stock, at cost (17,000) 0
Accumulated deficit (373,092) (343,209)
Accumulated other comprehensive loss (7,659) (3,802)
Total UpHealth, Inc., stockholders’ equity 285,961 318,464
Noncontrolling interests 14,923 15,379
Total stockholders’ equity 300,884 333,843
Total liabilities and stockholders’ equity $ 520,211 $ 569,307