XML 57 R43.htm IDEA: XBRL DOCUMENT v3.24.3
Basis of Presentation and Significant Accounting Policies (Details)
$ / shares in Units, $ in Thousands
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended 21 Months Ended
Sep. 30, 2023
May 31, 2023
USD ($)
Jan. 31, 2023
USD ($)
Sep. 30, 2024
USD ($)
$ / shares
shares
Sep. 30, 2023
USD ($)
$ / shares
Jun. 30, 2023
USD ($)
Sep. 30, 2024
USD ($)
segment
reporting_unit
$ / shares
shares
Sep. 30, 2023
USD ($)
$ / shares
Sep. 20, 2023
USD ($)
Dec. 31, 2023
USD ($)
shares
Sep. 30, 2024
USD ($)
shares
Description Of Business And Significant Accounting Policies [Line Items]                      
Recapitalization exchange ratio, units | shares       2,524,000     2,524,000       2,524,000
Net income (loss) attributable to common shareholders       $ 1,100 $ 1,700   $ (5,300) $ 1,700      
Net loss       (888) [1] 11,924 [1]   (24,463) [1] 11,924 [2]      
Net Income attributable to Legacy AON shareholders       0 15,489   $ 0 27,081 $ 27,000    
Number of operating segments | segment             1        
Number of reportable segments | segment             1        
Revenue, performance obligation, amount       0 0   $ 0 0      
Revenue       470,279 $ 336,305   1,268,600 $ 955,003      
Offering costs             $ 800        
Shares repurchased (in shares) | shares             126,728     14,729 141,457
Cost of shares repurchased (less than)       400     $ 400     $ 100  
Number of reporting units | reporting_unit             1        
Fair value of warrants       $ 2,023     $ 2,023     $ 0 $ 2,023
Number of securities called by each warrant (in shares) | shares       1     1       1
Reverse recapitalization, equity conversion ratio       1     1       1
Earnings (loss) per unit, basic (in usd per share) | $ / shares       $ (190) $ (0.61)   $ (900) $ (0.61)      
Earnings (loss) per unit, diluted (in usd per share) | $ / shares       $ (190) $ (0.61)   $ (940) $ (0.61)      
Accrued dividend rate (in percent)             8.00%        
Trade Names                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Finite-lived intangible asset, useful life (in years)       10 years     10 years       10 years
Participating Threshold, 1                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Recapitalization exchange ratio, units | shares       2,524,000     2,524,000       2,524,000
Participating Threshold, 2                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Recapitalization exchange ratio, units | shares       2,453,000     2,453,000       2,453,000
Participating Threshold, 3                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Recapitalization exchange ratio, units | shares       1,976,000     1,976,000       1,976,000
AON LLC                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Reverse recapitalization, equity conversion ratio                 1    
AON LLC | Series A Preferred Stock                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Recapitalization exchange ratio, units | shares       2,705,000     2,705,000       2,705,000
Preferred Class A                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Accrued dividend rate (in percent)             8.00%        
Public Warrant                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Fair value of warrants       $ 1,200     $ 1,200       $ 1,200
Private Placement Warrants                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Fair value of warrants       $ 900     $ 900       $ 900
Private Placement Warrants | Measurement Input, Expected Dividend Rate                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Warrants, measurement input       0.000     0.000       0.000
Private Placement Warrants | Measurement Input, Price Volatility                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Warrants, measurement input       0.3350     0.3350       0.3350
Private Placement Warrants | Measurement Input, Risk Free Interest Rate                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Warrants, measurement input       0.0355     0.0355       0.0355
Private Placement Warrants | Measurement Input, Expected Term                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Warrants, measurement input       5     5       5
Professional Malpractice Liability Insurance                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Malpractice insurance, coverage per claim             $ 1,000        
Malpractice insurance, limit per policy period             3,000        
Directors and Officers Liability Insurance                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Malpractice insurance, coverage per claim             2,000        
Malpractice insurance, limit per policy period             4,000        
OCP Management Arizona, LLP                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Noncash consideration of equity method investment     $ 2,300                
Equity method investment (in percent)     49.00%                
Patient Visits                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Revenue       $ 315,300 $ 242,500   860,900 $ 687,400      
Clinical Trials                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Revenue       $ 0 $ 2,200   $ 500 $ 3,700      
AON LLC | AON Inc.                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Allocation of income to controlling and noncontrolling interests (in percent)       36.10% 19.00%   29.00% 19.00%      
AON LLC | Legacy AON Shareholders                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Allocation of income to controlling and noncontrolling interests (in percent) 81.00%     63.90%     71.00% 100.00% 100.00%    
MIBA                      
Description Of Business And Significant Accounting Policies [Line Items]                      
Allocation of income to controlling and noncontrolling interests (in percent)   56.00%                  
Payments to acquire interest in subsidiary   $ 200       $ 200          
[1] The acronyms in the table above are defined as follows:
APIC - Accumulated paid in capital
AOCI - Accumulated other comprehensive income
NCI - Mezzanine equity classified noncontrolling interest
[2] The acronyms in the table above are defined as follows:
APIC - Accumulated paid in capital
AOCI - Accumulated other comprehensive income
NCI - Mezzanine equity classified noncontrolling interest