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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 33,818 $ 28,539
Short-term marketable securities 21,391 35,389
Patient accounts receivable, net 125,421 129,151
Inventories 54,280 44,569
Other receivables 60,928 34,274
Prepaid expenses and other current assets 8,250 4,277
Current portion of notes receivable - related parties 2,174 1,604
Total current assets 306,262 277,803
Property and equipment, net 42,510 40,439
Operating lease right-of-use assets, net [1] 50,609 43,349
Notes receivable - related parties 0 1,150
Other assets 18,005 7,588
Goodwill 10,900 1,230
Intangibles, net 2,476 0
Deferred tax asset, net 0 2,894
Total assets 430,762 374,453
Current liabilities    
Accounts payable [2] 189,483 127,645
Accrued compensation related costs 11,640 11,410
Accrued other 18,202 22,327
Income tax payable 971 971
Current portion of operating lease liabilities [3] 7,450 6,692
Current portion of long-term debt 3,809 0
Total current liabilities 231,555 169,045
Long-term debt, net 88,241 80,641
Long-term operating lease liabilities [4] 46,167 39,803
Other long-term liabilities 10,948 14,251
Total liabilities 376,911 303,740
Mezzanine equity    
Series A convertible preferred stock; $0.0001 par value; 7,500,000 shares authorized; 6,651,610 issued and outstanding at June 30, 2024 and December 31, 2023, with an aggregate liquidation preference of $70,744,488 and $68,009,015 at June 30, 2024 and December 31, 2023, respectively. 64,986 64,986
Redeemable noncontrolling interest 28,331 167,025
Stockholders' equity    
Additional paid-in capital 27,074 0
Treasury stock, at cost, 122,743 shares at June 30, 2024 and 14,729 shares at December 31, 2023 (368) 0
Accumulated other comprehensive income 26 81
Retained deficit (66,720) (161,812)
Total AON stockholders' deficit (39,984) (161,727)
Noncontrolling interest 518 429
Total deficit (39,466) (161,298)
Total liabilities, mezzanine equity, noncontrolling interest, and stockholders' equity 430,762 374,453
Class A Common Stock    
Stockholders' equity    
Common stock, value 1 1
Class B Common Stock    
Stockholders' equity    
Common stock, value $ 3 $ 3
[1] Includes related party operating right-of-use assets, net of $15,605 and $10,931 at June 30, 2024 and December 31, 2023, respectively
[2] Includes amounts due to related party of $178,460 and $120,857 at June 30, 2024 and December 31, 2023, respectively
[3] Includes related party current portion of operating lease liabilities of $3,524 and $1,888 at June 30, 2024 and December 31, 2023, respectively
[4] Includes related party long-term operating lease liabilities of $10,712 and $9,472 at June 30, 2024 and December 31, 2023, respectively