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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Additional Paid-In Capital
Treasury Stock
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total UpHealth, Inc. Stockholders’ Equity
Noncontrolling Interests
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) [1],[2]       0        
Beginning balance (in shares) at Dec. 31, 2020 [1],[2]   7,002            
Beginning balance at Dec. 31, 2020 [1],[2] $ 220,721 $ 1 $ 222,906 $ 0 $ (2,186) $ 0 $ 220,721 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock to consummate business combinations (in shares) [1],[2]   875            
Issuance of common stock to consummate business combinations [1],[2] 104,798 $ 0 87,409       87,409 17,389
Net income (loss) (3,027)       (2,949)   (2,949) (78)
Foreign currency translation adjustments (1,159)         (1,159) (1,159)  
Ending balance (in shares) at Mar. 31, 2021 [1],[2]   7,877            
Ending balance at Mar. 31, 2021 [1],[2] 321,333 $ 1 310,315 0 (5,135) (1,159) 304,022 17,311
Beginning balance (in shares) at Dec. 31, 2020 [1],[2]   7,002            
Beginning balance at Dec. 31, 2020 [1],[2] 220,721 $ 1 222,906 0 (2,186) 0 220,721 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) (4,829)              
Foreign currency translation adjustments (3,459)              
Ending balance (in shares) at Sep. 30, 2021 [2]   11,780            
Ending balance at Sep. 30, 2021 [2] 626,549 $ 1 621,871 $ 0 (7,161) (3,459) 611,252 15,297
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) [1],[2]       0        
Beginning balance (in shares) at Mar. 31, 2021 [1],[2]   7,877            
Beginning balance at Mar. 31, 2021 [1],[2] 321,333 $ 1 310,315 $ 0 (5,135) (1,159) 304,022 17,311
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Issuance of common stock to consummate business combinations (in shares) [1],[2]   2,616            
Issuance of common stock to consummate business combinations [1],[2] 241,348 $ 0 243,587       243,587 (2,239)
Merger recapitalization (in shares) [1],[2]   947            
Merger recapitalization [1],[2] 54,605 $ 0 54,605       54,605  
PIPE common stock issuance (in shares) [2]   300            
PIPE common stock issuance [2] 27,079   27,079       27,079  
Forward share repurchase agreement [2] (17,000)   (17,000)       (17,000)  
Issuance of common stock for debt conversion (in shares) [1],[2]   20            
Issuance of common stock for debt conversion [1],[2] 1,879   1,879       1,879  
Net income (loss) (32,789)       (32,783)   (32,783) (6)
Foreign currency translation adjustments (2,319)         (2,319) (2,319)  
Ending balance (in shares) at Jun. 30, 2021 [2]   11,760            
Ending balance at Jun. 30, 2021 [2] 594,136 $ 1 620,465 $ 0 (37,918) (3,478) 579,070 15,066
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) [2]       0        
Purchase consideration adjustment 677   677       677  
Exercise of stock option, net (in shares) [2]   20            
Exercise of stock options, net 319 [2]   319 [2]       319  
Stock-based compensation 410   410       410  
Net income (loss) 30,988       30,757   30,757 231
Foreign currency translation adjustments 19         19 19  
Ending balance (in shares) at Sep. 30, 2021 [2]   11,780            
Ending balance at Sep. 30, 2021 [2] 626,549 $ 1 621,871 $ 0 (7,161) (3,459) 611,252 15,297
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) [2]       0        
Beginning balance (in shares) [3]       0        
Beginning balance (in shares) at Dec. 31, 2021 [3]   14,428            
Beginning balance at Dec. 31, 2021 [3] 333,843 $ 1 665,474 $ 0 (343,209) (3,802) 318,464 15,379
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity award activity, net of shares withheld for taxes (in shares) [3]   37            
Equity award activity, net of shares withheld for taxes [3] (67)   (67)       (67)  
Stock-based compensation 1,374   1,374       1,374  
Net income (loss) (17,705)       (17,445)   (17,445) (260)
Foreign currency translation adjustments (1,377)         (1,377) (1,377)  
Ending balance (in shares) at Mar. 31, 2022 [3]   14,465            
Ending balance at Mar. 31, 2022 [3] 316,068 $ 1 666,781 0 (360,654) (5,179) 300,949 15,119
Beginning balance (in shares) at Dec. 31, 2021 [3]   14,428            
Beginning balance at Dec. 31, 2021 [3] 333,843 $ 1 665,474 0 (343,209) (3,802) 318,464 15,379
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Deconsolidation of subsidiary (14,300)              
Net income (loss) (195,754)              
Foreign currency translation adjustments (3,857)              
Ending balance (in shares) at Sep. 30, 2022 [3]   15,006            
Ending balance at Sep. 30, 2022 [3] 131,482 $ 2 686,518 $ (17,000) (538,854) 0 130,666 816
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) [3]       0        
Beginning balance (in shares) at Mar. 31, 2022 [3]   14,465            
Beginning balance at Mar. 31, 2022 [3] 316,068 $ 1 666,781 $ 0 (360,654) (5,179) 300,949 15,119
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Equity award activity, net of shares withheld for taxes (in shares) [3]   390            
Equity award activity, net of shares withheld for taxes [3] (1,159)   (1,160)       (1,159)  
Stock-based compensation 1,088   1,088       1,088  
Common stock repurchased in connection with forward share purchase agreement (in shares) [3]   (170)   170        
Common stock repurchased in connection with forward share purchase agreement [3] 0   17,000 $ (17,000)        
Purchase of noncontrolling interest (139)             (139)
Distribution to noncontrolling interests (30)             (30)
Net income (loss) (12,465)       (12,438)   (12,438) (27)
Foreign currency translation adjustments (2,480)         (2,480) (2,480)  
Ending balance (in shares) at Jun. 30, 2022 [3]   14,685            
Ending balance at Jun. 30, 2022 [3] 300,883 $ 2 683,709 $ (17,000) (373,092) (7,659) 285,960 14,923
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) [3]       170        
Equity award activity, net of shares withheld for taxes [3] (30)   (30)       (30)  
Issuance of common stock in connection with 2025 Notes [3] 713   713       713  
Stock-based compensation 2,126   2,126       2,126  
Deconsolidation of subsidiary (6,626)         7,659 7,659 (14,285)
Net income (loss) (165,584)       (165,762)   (165,762) 178
Foreign currency translation adjustments 0              
Ending balance (in shares) at Sep. 30, 2022 [3]   15,006            
Ending balance at Sep. 30, 2022 [3] $ 131,482 $ 2 $ 686,518 $ (17,000) $ (538,854) $ 0 $ 130,666 $ 816
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Beginning balance (in shares) [3]       170        
[1] Amounts as of March 31, 2021 and before that date differ from those published in our prior condensed consolidated financial statements as they were retrospectively adjusted as a result of the accounting for the Business Combinations (as defined below in Note 1, Organization and Business). Specifically, the number of common shares outstanding during periods before the Business Combinations are computed on the basis of the number of common shares of UpHealth Holdings (accounting acquiror) during those periods multiplied by the exchange ratio established in the stock purchase agreement (1.00 UpHealth Holdings shares converted to 10.28 GigCapital2 shares). Common stock and additional paid-in capital were adjusted accordingly.
[2] Amounts as of September 30, 2022 and before that date differ from those published in our prior condensed consolidated financial statements as they were retrospectively adjusted as a result of the Reverse Stock Split (as described below in Note 1, Organization and Business). Specifically, the number of common shares outstanding during periods before the Reverse Stock Split are divided by the exchange ratio of 10:1, such that each ten shares of common stock were combined and reconstituted into one share of common stock effective December 8, 2022.
[3] Amounts as of September 30, 2022 and before that date differ from those published in our prior condensed consolidated financial statements as they were retrospectively adjusted as a result of the Reverse Stock Split (as described below in Note 1, Organization and Business). Specifically, the number of common shares outstanding during periods before the Reverse Stock Split are divided by the exchange ratio of 10:1, such that each ten shares of common stock were combined and reconstituted into one share of common stock effective December 8, 2022.