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Condensed Consolidated Statements of Cash Flows (Unaudited)
$ in Thousands
6 Months Ended
Jun. 30, 2022
USD ($)
Jun. 30, 2021
USD ($)
Operating Activities:    
Net loss $ (52,397) $ (101,636)
Adjustments to reconcile net loss to net cash used in operating activities:    
Provision for credit loss 111 46
Loss on sublease 509 0
Depreciation and amortization 8,222 7,751
Amortization-debt issuance costs and investment discount 1,140 1,110
Payment-in-kind interest 2,170 2,054
Equity-based compensation and common stock payments 40,146 51,275
Non-cash lease expense 1,415 1,314
Changes in operating assets and liabilities:    
Accounts receivable (39,609) (25,503)
Prepaid expenses and other current assets (6,586) (14,393)
Other assets (150) 6
Medical expenses payable 47,985 23,105
Accounts payable and accrued expenses (3,152) (2,368)
Accrued compensation 940 (2,529)
Lease liabilities (2,028) (1,788)
Net cash used in operating activities (1,284) (61,556)
Investing Activities:    
Purchase of business, net of cash received (1,113) 0
Asset acquisition, net of cash received 0 (1,405)
Purchase of investments (1,100) (800)
Sale of investments 1,000 800
Acquisition of property and equipment (10,769) (9,462)
Net cash used in investing activities (11,982) (10,867)
Financing Activities:    
Repurchase of noncontrolling interest (100) 15
Equity repurchase 0 (1,474)
Issuance of common stock 0 390,600
Common stock issuance costs 0 (29,011)
Net cash (used in) provided by financing activities (100) 360,130
Net increase (decrease) in cash (13,366) 287,707
Cash and restricted cash at beginning of period 468,350 207,811
Cash and restricted cash at end of period 454,984 495,518
Supplemental disclosure of cash flow information:    
Cash paid for interest 5,565 5,413
Supplemental non-cash investing and financing activities:    
Acquisition of property in accounts payable 232 418
Purchase of business in accounts payable 240 0
Reconciliation of cash, cash equivalents and restricted cash as shown in the statement of cash flows:    
Cash 453,234 494,618
Restricted cash in other assets 1,750 900
Total $ 454,984 $ 495,518