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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 1,021,754 $ 1,040,039
Restricted cash and equivalents [1] 14,470 14,781
Receivables, net 571,869 293,407
Prepaid expenses and other current assets, net 19,847 18,968
Total current assets 1,627,940 1,367,195
Property and equipment, net 12,526 9,161
Intangible assets, net 53,709 55,398
Goodwill 41,540 41,540
Other assets, net 119,496 112,958
Total assets 1,855,211 1,586,252
Current liabilities:    
Medical claims and related payables 472,323 239,014
Accounts payable and accrued expenses 133,138 112,946
Current portion of long-term debt 5,000 5,000
Total current liabilities 610,461 356,960
Long-term debt, net of current portion 42,172 43,401
Other liabilities 91,101 94,295
Total liabilities 743,734 494,656
Commitments and contingencies
Stockholders' equity (deficit):    
Common stock, $0.01 par value: 2,000,000 shares authorized; 405,727 and 400,095 shares issued and outstanding, respectively 4,057 4,001
Additional paid-in capital 2,064,242 2,045,572
Accumulated deficit (956,447) (957,677)
Total agilon health, inc. stockholders' equity (deficit) 1,111,852 1,091,896
Noncontrolling interests (375) (300)
Total stockholders’ equity (deficit) 1,111,477 1,091,596
Total liabilities and stockholders' equity (deficit) $ 1,855,211 $ 1,586,252
[1] Restricted cash and equivalents primarily consist of amounts used as collateral to secure letters of credit that the Company is required to maintain pursuant to contracts with payors.