Variable Interest Entities (Tables)

9 Months Ended

12 Months Ended

Sep. 30, 2021

Dec. 31, 2020

TOI Parent Inc.

Variable Interest Entities

Summary of consolidated financial statements of VIEs

	September 30, 2021		December 31, 2020
Assets
Current assets:
Cash	$	1,537,568	$	19,502
Accounts receivable		22,256,608		17,145,910
Other receivables		99,445		49,163
Inventories, net		5,756,578		4,354,232
Prepaid expenses and other current assets		675,233		719,063
Total current assets		30,325,432		22,287,870
Intangible assets, net		479,167		—
Other assets		306,640		200,600
Goodwill		150,000		150,000
Total assets	$	31,261,239	$	22,638,470
Liabilities
Current liabilities:
Accounts payable	$	17,694,967	$	11,953,239
Accrued expenses and other current liabilities		4,231,336		5,818,538
Income taxes payable		220,046		220,046
Current portion of long-term debt		—		2,000,000
Amounts due to affiliates		34,013,311		19,883,097
Total current liabilities		56,159,660		39,874,920
Other non-current liabilities		896,082		551,228
Total liabilities	$	57,055,742	$	40,426,148

	December 31,		December 31,
	2020		2019
Assets
Current assets:
Cash	$	19,502	$	2,440,898
Accounts receivable		17,145,911		14,616,261
Other receivables		49,163		—
Inventory		4,354,232		3,888,988
Prepaid expenses		719,063		72,226
Total current assets		22,287,871		21,018,373
Other assets		200,600		101,746
Goodwill		150,000		—
Total assets	$	22,638,471	$	21,120,119
Liabilities
Current liabilities:
Accounts payable		11,953,239		7,732,372
Accrued expenses and other current liabilities		6,038,584		3,087,119
Current portion of long-term debt		2,000,000		—
Amounts due to affiliates		19,883,097		16,897,690
Total current liabilities		39,874,920		27,717,181
Other non-current liabilities		551,228		—
Total liabilities	$	40,426,148	$	27,717,181