XML 24 R7.htm IDEA: XBRL DOCUMENT v3.23.1
CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Thousands
Total
Common Stock
Additional Paid-In Capital
Treasury Stock
Accumulated Deficit
Accumulated Other Comprehensive Loss
Total UpHealth, Inc. Stockholders’ Equity
Noncontrolling Interests
Balance at beginning of period (in shares) at Dec. 31, 2020 [1],[2]   7,002,000            
Balance at beginning of period (in shares) at Dec. 31, 2020 [1],[2]       0        
Balance at beginning of period 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]   3,491,000            
Issuance of common stock to consummate business combinations [1],[2] 346,249   330,996       330,996 15,253
Merger recapitalization (in shares) [1],[2]   947,000            
Merger recapitalization [1],[2] 54,605   54,605       54,605  
Issuance of common stock in connection with PIPE (in shares) [2]   300,000            
Issuance of common stock in connection with PIPE [2] 27,079   27,079       27,079  
Forward share repurchase agreement (17,000)   (17,000)       (17,000)  
Purchase consideration adjustment 677   677       677  
Issuance of common stock for debt conversion (in shares) [2]   20,000            
Issuance of common stock for debt conversion [2] 1,879   1,879       1,879  
Issuance of common stock for formation (in shares) [2]   2,645,000            
Issuance of common stock for formation [2] 42,965   42,965       42,965  
Issuance of common stock in connection with equity incentive plans, net (in shares) [2]   23,000            
Issuance of common stock in connection with equity incentive plans, net [2] 319   319       319  
Stock-based compensation 1,048   1,048       1,048  
Net loss (340,897)       (341,023)   (341,023) 126
Foreign currency translation adjustments $ (3,802)         (3,802) (3,802)  
Balance at end of period (in shares) at Dec. 31, 2021 [2]       0        
Balance at end of period (in shares) at Dec. 31, 2021 14,427,900 [3] 14,428,000 [2]            
Balance at end of period at Dec. 31, 2021 [2] $ 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) [2]   681,000            
Equity award activity, net of shares withheld for taxes [2] (1,295) $ 1 (1,296)       (1,295)  
Issuance of common stock for formation (in shares) [2]   115,000            
Issuance of common stock for formation [2] 713   713       713  
Stock-based compensation 6,464   6,464       6,464  
Common stock repurchased in connection with forward share purchase agreement (in shares) [2]   (170,000)   170,000        
Common stock repurchased in connection with forward share purchase agreement [2] 0   17,000 $ (17,000)        
Purchase of noncontrolling interest (31)             (31)
Distribution to noncontrolling interests (139)             (139)
Deconsolidation of subsidiary (14,285)             (14,285)
Net loss (222,935)       (223,000)   (223,000) 65
Foreign currency translation adjustments $ 3,802         3,802 3,802  
Balance at end of period (in shares) at Dec. 31, 2022 [2]       170,000        
Balance at end of period (in shares) at Dec. 31, 2022 15,054,431 [3] 15,054,000 [2]            
Balance at end of period at Dec. 31, 2022 [2] $ 106,137 $ 2 $ 688,355 $ (17,000) $ (566,209) $ 0 $ 105,148 $ 989
[1] (1) Amounts as of March 31, 2021 and before that date differ from those published in prior 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] (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 December 31, 2021 differ from those published in our prior 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.