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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets    
Cash and cash equivalents $ 62,849 $ 28,539
Short-term marketable securities 9,791 35,389
Patient accounts receivable, net 129,233 129,151
Inventories 60,712 44,569
Other receivables 58,196 34,274
Prepaid expenses and other current assets 8,494 4,277
Current portion of notes receivable - related parties 2,197 1,604
Total current assets 331,472 277,803
Property and equipment, net 48,374 40,439
Operating lease right-of-use assets, net [1] 50,157 43,349
Notes receivable - related parties 1,365 1,150
Other assets 25,584 7,588
Goodwill 10,900 1,050
Intangibles 2,476 180
Deferred tax asset, net 0 2,894
Total assets 470,328 374,453
Current liabilities    
Accounts payable [2] 170,736 127,645
Accrued compensation related costs 16,725 11,410
Accrued other 17,694 22,327
Excise taxes payable 734 971
Current portion of operating lease liabilities [3] 7,214 6,692
Current portion of long-term debt 3,744 0
Total current liabilities 216,847 169,045
Long-term debt, net 87,123 80,641
Long-term operating lease liabilities [4] 48,018 39,803
Other long-term liabilities 10,333 14,251
Total liabilities 362,321 303,740
Mezzanine equity    
Series A convertible preferred stock; $0.0001 par value; 25,000,000 shares authorized; 6,651,610 issued and outstanding at December 31, 2024, and December 31, 2023, with an aggregate liquidation preference of $73,558,553 and $68,009,015 at December 31, 2024 and December 31, 2023, respectively. 64,986 64,986
Redeemable noncontrolling interest 87,652 167,025
Stockholders' equity    
Additional paid-in capital 56,292 0
Treasury stock, at cost, 122,743 shares at December 31, 2024 and 14,729 shares at December 31, 2023. (368) 0
Accumulated other comprehensive income (loss) 28 81
Retained earnings (deficit) (102,171) (161,812)
Total AON stockholders' equity (46,215) (161,727)
Noncontrolling interest 1,584 429
Total AON stockholders' equity (44,631) (161,298)
Total liabilities, mezzanine equity, noncontrolling interest, and stockholders' equity 470,328 374,453
Class A Common Stock    
Stockholders' equity    
Common Stock 2 1
Class B Common Stock    
Stockholders' equity    
Common Stock $ 2 $ 3
[1] Includes related party operating right-of-use assets, net of $9,396 and $10,931 at December 31, 2024 and 2023, respectively
[2] Includes amounts due to related party of $155,903 and $120,857 at December 31, 2024 and 2023, respectively
[3] Includes related party current portion of operating lease liabilities of $661 and $1,888 at December 31, 2024 and 2023, respectively
[4] Includes related party long-term operating lease liabilities of $8,177 and $9,472 at December 31, 2024 and 2023, respectively