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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 316,896 $ 320,577
Accounts receivable 246,348 117,402
Prepaid expenses and other current assets 16,402 8,697
Total current assets 579,646 446,676
Non-current assets:    
Property and equipment, net 3,663 4,502
Right-of-use asset 8,526 9,634
Intangible assets, net 58,229 59,738
Goodwill 126,938 127,938
Deferred tax asset 26,811 33,364
Other non-current assets 3,973 4,521
Total non-current assets 228,140 239,697
Total assets 807,786 686,373
Current liabilities:    
Accounts payable and accrued expenses 47,253 45,985
Provider liability 254,278 140,708
Current portion of note payable 0 875
Operating lease liabilities, current 2,998 2,893
Total current liabilities 304,529 190,461
Non-current liabilities:    
Note payable, net of current portion 0 31,688
Operating lease liabilities, non-current 9,188 11,043
Other non-current liabilities 3,000 3,000
Total non-current liabilities 12,188 45,731
Total liabilities 316,717 236,192
Commitments and contingencies (Note 11)
Stockholders’ equity:    
Common stock, $0.01 par value, 1,000,000,000 and 1,000,000,000 shares authorized; 113,796,678 and 107,837,741 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively 1,139 1,078
Additional paid-in capital 703,516 633,902
Accumulated deficit (234,469) (208,108)
Total Privia Health Group, Inc. stockholders’ equity 470,186 426,872
Non-controlling interest 20,883 23,309
Total stockholders’ equity 491,069 450,181
Total liabilities and stockholders’ equity $ 807,786 $ 686,373