Fair Value Measurements and Hierarchy (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2021

Dec. 31, 2020

TOI Parent Inc.

Summary of carrying amounts of financial instruments

The following table presents the carrying amounts of the Company’s financial instruments at September 30, 2021 and December 31, 2020:

	September 30,		December 31,
	2021		2020
Financial assets:
Cash	$	11,531,997	$	5,997,530
Accounts receivable		22,256,605		17,145,910
Other receivables		581,451		112,663
Financial liabilities:
Accounts payable	$	19,013,532	$	12,643,024

The following table presents the carrying amounts of the Company’s financial instruments at December 31, 2020 and 2019:

	December 31,		December 31,
	2020		2019
Financial assets:
Cash	$	5,997,530	$	2,446,201
Accounts receivable		17,145,910		14,616,261
Other receivables		112,663		118,156
Financial liabilities:
Accounts payable		12,643,024		8,885,431