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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 394,190 $ 497,070
Restricted cash and equivalents [1] 10,204 10,610
Marketable securities 422,492 411,901
Receivables, net 1,004,856 497,574
Prepaid expenses and other current assets, net 44,697 34,119
Total current assets 1,876,439 1,451,274
Property and equipment, net 22,132 20,050
Intangible assets, net 92,712 67,680
Goodwill 62,140 41,540
Other assets, net 116,846 116,924
Total assets 2,170,269 1,697,468
Current liabilities:    
Medical claims and related payables 745,557 346,727
Accounts payable and accrued expenses 222,052 183,364
Current portion of long-term debt 5,000 5,000
Total current liabilities 972,609 535,091
Long-term debt, net of current portion 37,249 38,482
Other liabilities 78,571 83,286
Total liabilities 1,088,429 656,859
Commitments and contingencies
Stockholders' equity (deficit):    
Common stock, $0.01 par value: 2,000,000 shares authorized; 414,465 and 412,385 shares issued and outstanding, respectively 4,145 4,124
Additional paid-in capital 2,130,126 2,106,886
Accumulated deficit (1,048,208) (1,064,230)
Accumulated other comprehensive income (loss) (3,549) (5,560)
Total agilon health, inc. stockholders' equity (deficit) 1,082,514 1,041,220
Noncontrolling interests (674) (611)
Total stockholders’ equity (deficit) 1,081,840 1,040,609
Total liabilities and stockholders' equity (deficit) $ 2,170,269 $ 1,697,468
[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.