Discontinued Operations (Tables)

9 Months Ended

Sep. 30, 2022

Discontinued Operations and Disposal Groups [Abstract]

Schedule of Discontinued Operations

The following table summarizes the results of operations of the Company’s True Health business, which are included in income from discontinued operations in the consolidated statements of operations and comprehensive income (loss) for the three and nine months ended September 30, 2021:

	For the Three Months Ended September 30, 2021		For the Nine Months Ended September 30, 2021
Revenue
Platform and operations	$	—	$	38
Premiums	—		44,795
Total revenue	—		44,833
Expenses
Cost of revenue (exclusive of depreciation and amortization expenses presented separately below) (1)	—		5,885
Claims expenses	—		33,954
Selling, general and administrative expenses (2)	—		5,764
Depreciation and amortization expenses	—		160
Total operating expenses	—		45,763
Operating loss	—		(930)
Interest income	—		112
Interest expense	—		(4)
Other loss	—		(25)
Loss before income taxes and non-controlling interests	—		(847)

Provision for income taxes	—		(326)
Net loss	$	—	$	(521)

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(1)Cost of revenue includes intercompany expenses between the Company and True Health that are recorded in income from continuing operations in the consolidated statements of operations and comprehensive income (loss) related to an existing services agreement for claims processing and other health plan administrative functions of $2.8 million for the nine months ended September 30, 2021.

(2)Selling, general and administrative expenses include intercompany expenses between the Company and True Health that are recorded in income from continuing operations on the consolidated statements of operations and comprehensive income (loss) related to an existing services agreement for claims processing and other health plan administrative functions of $1.1 million for the nine months ended September 30, 2021.

Cash flows related to the True Health business during the nine months ended September 30, 2021:

Cash flows provided by operating activities	$	5,002
Cash flows used in investing activities	(2,494)