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CONDENSED CONSOLIDATED STATEMENTS OF CONVERTIBLE PREFERRED SHARES AND CHANGES IN STOCKHOLDERS’ EQUITY (DEFICIT) - USD ($)
$ in Thousands
Total
Previously Reported
Revision of Prior Period, Adjustment
Common stock
Common stock
Previously Reported
Common stock
Revision of Prior Period, Adjustment
Preferred stock
Preferred stock
Legacy TOI Preferred Stock
Preferred stock
Previously Reported
Legacy TOI Preferred Stock
Preferred stock
Revision of Prior Period, Adjustment
Legacy TOI Preferred Stock
Additional paid in capital
Additional paid in capital
Previously Reported
Additional paid in capital
Revision of Prior Period, Adjustment
Retained Earnings/ (Accumulated Deficit)
Retained Earnings/ (Accumulated Deficit)
Previously Reported
Balance at beginning (in shares) at Dec. 31, 2020       59,160,192 0 59,160,192                  
Balance at beginning (in shares) at Dec. 31, 2020               0 11,451 (11,451)          
Balance at beginning at Dec. 31, 2020 $ 28,101 $ (52,013) $ 80,114 $ 6 $ 0 $ 6   $ 0 $ 100 $ (100) $ 80,402 $ 294 $ 80,108 $ (52,307) $ (52,307)
Changes in Stockholders' Equity                              
Net income (loss) (996)                         (996)  
Legacy TOI preferred stock issued and issuance of common stock (in shares)       6,861,637                      
Legacy TOI preferred stock issued and issuance of common stock 19,999     $ 1             19,998        
Share-based compensation expense 42                   42        
Balance at ending (in shares) at Mar. 31, 2021       66,021,829                      
Balance at ending (in shares) at Mar. 31, 2021               0              
Balance at ending at Mar. 31, 2021 47,146     $ 7       $ 0     100,442     (53,303)  
Balance at beginning (in shares) at Dec. 31, 2020       59,160,192 0 59,160,192                  
Balance at beginning (in shares) at Dec. 31, 2020               0 11,451 (11,451)          
Balance at beginning at Dec. 31, 2020 28,101 $ (52,013) $ 80,114 $ 6 $ 0 $ 6   $ 0 $ 100 $ (100) 80,402 $ 294 $ 80,108 (52,307) $ (52,307)
Changes in Stockholders' Equity                              
Net income (loss) (771)                            
Balance at ending (in shares) at Sep. 30, 2021       66,021,829                      
Balance at ending (in shares) at Sep. 30, 2021               0              
Balance at ending at Sep. 30, 2021 47,533     $ 7       $ 0     100,604     (53,078)  
Balance at beginning (in shares) at Mar. 31, 2021       66,021,829                      
Balance at beginning (in shares) at Mar. 31, 2021               0              
Balance at beginning at Mar. 31, 2021 47,146     $ 7       $ 0     100,442     (53,303)  
Changes in Stockholders' Equity                              
Net income (loss) 3,205                         3,205  
Share-based compensation expense 51                   51        
Balance at ending (in shares) at Jun. 30, 2021       66,021,829                      
Balance at ending (in shares) at Jun. 30, 2021               0              
Balance at ending at Jun. 30, 2021 50,402     $ 7       $ 0     100,493     (50,098)  
Changes in Stockholders' Equity                              
Net income (loss) (2,980)                         (2,980)  
Share-based compensation expense 60                   60        
Balance at ending (in shares) at Sep. 30, 2021       66,021,829                      
Balance at ending (in shares) at Sep. 30, 2021               0              
Balance at ending at Sep. 30, 2021 $ 47,533     $ 7       $ 0     100,604     (53,078)  
Balance at beginning (in shares) at Dec. 31, 2021 73,249,042     73,249,042                      
Balance at beginning (in shares) at Dec. 31, 2021 163,510           163,510                
Balance at beginning at Dec. 31, 2021 $ 104,159     $ 7     $ 0       167,386     (63,234)  
Changes in Stockholders' Equity                              
Net income (loss) 19,286                         19,286  
Issuance of common stock upon vesting of RSUs (in shares)       27,188                      
Share-based compensation expense 8,553                   8,553        
Balance at ending (in shares) at Mar. 31, 2022       73,276,230                      
Balance at ending (in shares) at Mar. 31, 2022             163,510                
Balance at ending at Mar. 31, 2022 $ 131,998     $ 7     $ 0       175,939     (43,948)  
Balance at beginning (in shares) at Dec. 31, 2021 73,249,042     73,249,042                      
Balance at beginning (in shares) at Dec. 31, 2021 163,510           163,510                
Balance at beginning at Dec. 31, 2021 $ 104,159     $ 7     $ 0       167,386     (63,234)  
Changes in Stockholders' Equity                              
Net income (loss) $ 11,159                            
Repurchase and retirement of common stock (in shares) (1,500,000)                            
Balance at ending (in shares) at Sep. 30, 2022 72,341,687     72,341,687                      
Balance at ending (in shares) at Sep. 30, 2022 165,045           165,045                
Balance at ending at Sep. 30, 2022 $ 127,934     $ 7     $ 0       180,002     (52,075)  
Balance at beginning (in shares) at Mar. 31, 2022       73,276,230                      
Balance at beginning (in shares) at Mar. 31, 2022             163,510                
Balance at beginning at Mar. 31, 2022 131,998     $ 7     $ 0       175,939     (43,948)  
Changes in Stockholders' Equity                              
Net income (loss) (5,453)                         (5,453)  
Issuance of common stock upon vesting of RSUs (in shares)       150,958                      
Issuance of common stock upon exercise of options (in shares)       366,684                      
Issuance of common stock upon exercise of options 337                   337        
Exchange of common stock for preferred stock (in shares)       (313,000)     3,130                
Exchange of preferred stock for common stock (in shares)       (313,000)     3,130                
Repurchase and retirement of common stock (in shares)       (1,500,000)                      
Repurchase and retirement of common stock (9,000)                   (9,000)        
Net settlement of taxes for equity awards (413)                   (413)        
Share-based compensation expense 6,514                   6,514        
Balance at ending (in shares) at Jun. 30, 2022       71,980,872                      
Balance at ending (in shares) at Jun. 30, 2022             166,640                
Balance at ending at Jun. 30, 2022 123,983     $ 7     $ 0       173,377     (49,401)  
Changes in Stockholders' Equity                              
Net income (loss) (2,674)                         (2,674)  
Issuance of common stock upon vesting of RSUs (in shares)       107,614                      
Issuance of common stock upon exercise of options (in shares)       93,701                      
Issuance of common stock upon exercise of options 79                   79        
Exchange of common stock for preferred stock (in shares)       159,500     (1,595)                
Exchange of preferred stock for common stock (in shares)       159,500     (1,595)                
Share-based compensation expense $ 6,546                   6,546        
Balance at ending (in shares) at Sep. 30, 2022 72,341,687     72,341,687                      
Balance at ending (in shares) at Sep. 30, 2022 165,045           165,045                
Balance at ending at Sep. 30, 2022 $ 127,934     $ 7     $ 0       $ 180,002     $ (52,075)