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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current Assets:    
Cash $ 567,446 $ 466,600
Accounts receivable (less allowance for credit losses of $217 at September 30, 2022 and $111 at December 31, 2021, respectively) 88,220 58,512
Prepaid expenses and other current assets 36,493 27,747
Total current assets 692,159 552,859
Property and equipment, net 35,577 30,358
Right of use asset, net 6,085 7,853
Goodwill and intangible assets, net 37,618 35,116
Other assets 6,104 4,709
Total assets 777,543 630,895
Current Liabilities:    
Medical expenses payable 171,395 125,886
Accounts payable and accrued expenses 20,691 16,962
Deferred premium revenue 116,767 469
Accrued compensation 31,411 23,928
Total current liabilities 340,264 167,245
Long-term debt, net of debt issuance costs 160,677 150,620
Long-term portion of lease liabilities 4,458 6,975
Total liabilities 505,399 324,840
Commitments and Contingencies (Note 12)
Stockholders' Equity:    
Preferred stock, $.001 par value; 100,000,000 and 0 shares authorized as of September 30, 2022 and December 31, 2021 respectively; no shares issued and outstanding as of September 30, 2022 and December 31, 2021 0 0
Common stock, $.001 par value; 1,000,000,000 shares authorized as of September 30, 2022 and December 31, 2021; 187,263,976 and 187,193,613 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively 187 187
Additional Paid in Capital 947,295 888,547
Accumulated deficit (675,338) (582,694)
Total Alignment Healthcare, Inc. stockholders' equity 272,144 306,040
Noncontrolling interest 0 15
Total stockholders' equity 272,144 306,055
Total liabilities and stockholders' equity $ 777,543 $ 630,895