XML 15 R4.htm IDEA: XBRL DOCUMENT v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Total revenue $ 172,279 $ 44,919 $ 309,199 $ 72,837
Operating expenses        
External provider costs 120,348 35,535 213,204 53,694
Cost of care 30,364 7,867 57,712 13,220
Sales and marketing 2,299 775 5,600 1,066
Corporate, general and administrative 18,063 8,881 37,041 10,676
Depreciation and amortization 4,903 1,437 9,965 1,951
Acquisition related costs 2,789 149 3,055 149
Total operating expenses 178,767 54,643 326,577 80,755
Operating (loss) income (6,488) (9,724) (17,378) (7,918)
Nonoperating (expenses) income        
Interest expense (3,896) (792) (5,624) (1,296)
Gain on remeasurement of warrant liabilities 7,391 1,795 3,855 1,795
Gain on remeasurement of contingent earnout liabilities   17,420   17,420
Gain (loss) on extinguishment of debt (6,172) 1,358 (6,172) 1,358
Other income (expense), net (45)   (507)  
Nonoperating (expense) income (2,722) 19,781 (8,448) 19,277
(Loss) income before income tax (9,210) 10,057 (25,826) 11,359
Income tax provision (171) 0 (351) 0
Net (loss) income $ (9,381) $ 10,057 $ (26,178) $ 11,359
Weighted average basic shares outstanding 87,422,917 28,404,759 87,395,596 19,649,057
Weighted average diluted shares outstanding 87,422,917 30,906,859 87,395,596 20,907,019
Net (loss) income per share        
Basic $ (0.11) $ 0.35 $ (0.30) $ 0.58
Diluted $ (0.11) $ 0.33 $ (0.30) $ 0.54
Medicare        
Revenue        
Total revenue $ 143,664 $ 37,761 $ 251,410 $ 65,577
Medicaid        
Revenue        
Total revenue 19,896 5,449 40,062 5,449
Other Revenue        
Revenue        
Total revenue $ 8,719 $ 1,709 $ 17,727 $ 1,811