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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Total revenues $ 0 $ 24,687
Total costs of revenues 0 12,196
Gross profit 0 12,491
Operating expenses:    
Sales and marketing 91 2,527
Research and development 21 1,043
General and administrative 3,992 10,553
Depreciation and amortization 170 525
Stock-based compensation 920 981
Goodwill, intangible asset, and other long-lived asset impairments 0 495
Acquisition, integration, and transformation costs 176 3,400
Total operating expenses 5,370 19,524
Loss from operations (5,370) (7,033)
Other expense:    
Interest expense (5,529) (6,758)
Other income, net, including interest income 3,539 58
Total other expense (1,990) (6,700)
Loss before income tax expense (7,360) (13,733)
Income tax expense (4,519) 0
Net loss from continuing operations (11,879) (13,733)
Net income from discontinued operations, net of tax 37,300 6,098
Net income (loss) 25,421 (7,635)
Less: net income attributable to noncontrolling interests 0 448
Net income (loss) attributable to UpHealth, Inc. $ 25,421 $ (8,083)
Net income (loss) per share - basic and diluted    
Continuing operations, basic (in dollars per share) $ (0.64) $ (0.87)
Continuing operations, diluted (in dollars per share) (0.64) (0.87)
Discontinued operation, net of tax, basic (in dollars per share) 1.99 0.39
Discontinued operations, net of tax, diluted (in dollars per share) 1.99 0.39
Attributable to UpHealth, Inc., basic (in dollars per share) 1.36 (0.51)
Attributable to UpHealth, Inc., diluted (in dollars per share) $ 1.36 $ (0.51)
Weighted average shares outstanding, basic (in shares) 18,699 15,730
Weighted average shares outstanding, diluted (in shares) 18,699 15,730
Services    
Total revenues $ 0 $ 13,613
Total costs of revenues 0 6,518
Licenses and subscriptions    
Total revenues 0 1,936
Total costs of revenues 0 319
Products    
Total revenues 0 9,138
Total costs of revenues $ 0 $ 5,359