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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 317,945 $ 347,992
Accounts receivable 319,839 189,604
Prepaid expenses and other current assets 16,216 14,366
Total current assets 654,000 551,962
Non-current assets:    
Property and equipment, net 2,876 3,386
Right-of-use asset 7,555 8,089
Intangible assets, net 96,238 57,387
Goodwill 135,050 126,938
Deferred tax asset 37,109 40,368
Other non-current assets 4,746 4,683
Total non-current assets 283,574 240,851
Total assets 937,574 792,813
Current liabilities:    
Accounts payable and accrued expenses 48,870 52,837
Provider liability 306,368 208,424
Operating lease liabilities, current 3,206 3,013
Total current liabilities 358,444 264,274
Non-current liabilities:    
Operating lease liabilities, non-current 6,508 8,490
Other non-current liabilities 1,313 1,000
Total non-current liabilities 7,821 9,490
Total liabilities 366,265 273,764
Commitments and contingencies (Note 12)
Stockholders’ equity:    
Common stock, $0.01 par value, 1,000,000,000 and 1,000,000,000 shares authorized; 117,106,892 and 114,690,808 shares issued and outstanding at June 30, 2023 and December 31, 2022, respectively 1,171 1,148
Additional paid-in capital 726,156 714,639
Accumulated deficit (202,095) (216,693)
Total Privia Health Group, Inc. stockholders’ equity 525,232 499,094
Non-controlling interest 46,077 19,955
Total stockholders’ equity 571,309 519,049
Total liabilities and stockholders’ equity $ 937,574 $ 792,813