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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2023
Dec. 31, 2022
Current Assets:    
Cash and cash equivalents $ 3,342 $ 15,557
Accounts receivable, net 16,527 21,851
Inventories 0 161
Due from related parties 0 14
Prepaid expenses and other current assets 2,140 2,991
Assets held for sale, current 0 2,748
Total current assets 22,009 43,322
Property and equipment, net 10,228 14,069
Operating lease right-of-use assets 1,653 7,213
Intangible assets, net 23,683 31,362
Goodwill 80,310 159,675
Equity investments 96,768 21,200
Other assets 493 438
Assets held for sale, noncurrent 0 62,525
Total assets 235,144 339,804
Current Liabilities:    
Accounts payable 5,187 17,983
Accrued expenses 11,032 39,151
Deferred revenue 52 2,738
Due to related parties 2,544 229
Debt, current 143,889 0
Lease liabilities, current 3,664 5,475
Other liabilities, current 0 74
Liabilities held for sale, current 0 3,319
Total current liabilities 166,368 68,969
Related-party debt, noncurrent 0 281
Debt, noncurrent 0 145,962
Deferred tax liabilities 1,202 1,200
Lease liabilities, noncurrent 3,297 8,741
Other liabilities, noncurrent 147 727
Liabilities held for sale, noncurrent 0 7,787
Total liabilities 171,014 233,667
Commitments and Contingencies (Note 16)
Stockholders’ Equity:    
Common stock 2 2
Additional paid-in capital 695,152 688,355
Treasury stock, at cost (17,000) (17,000)
Accumulated deficit (614,024) (566,209)
Total UpHealth, Inc., stockholders’ equity 64,130 105,148
Noncontrolling interests 0 989
Total stockholders’ equity 64,130 106,137
Total liabilities and stockholders’ equity $ 235,144 $ 339,804