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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue:        
Total revenue $ 665,028 $ 498,931 $ 2,058,543 $ 1,117,114
Operating expenses:        
Third-party medical costs (Related parties comprised $0 and $249,819 in the nine months ended September 30, 2022 and 2021, respectively) 489,565 381,316 1,566,661 868,177
Direct patient expense (Related parties comprised $1,972 and $6, in the three months ended September 30, 2022 and 2021, respectively, and $6,490 and $1,502, in the nine months ended September 30, 2022 and 2021, respectively) 63,867 50,368 177,190 120,212
Selling, general, and administrative expenses (Related parties comprised $2,709 and $4,225, in the three months ended September 30, 2022 and 2021, respectively, and $6,913 and $9,814, in the nine months ended September 30, 2022 and 2021, respectively) 111,765 76,618 314,617 158,786
Depreciation and amortization expense 25,343 16,955 64,215 30,746
Transaction costs and other (Related parties comprised $0 and $1,483 in the nine months ended September 30, 2022 and 2021, respectively) 5,033 11,206 19,616 36,274
Change in fair value of contingent consideration 900 (3,940) (9,525) (4,152)
Total operating income (expenses) 696,473 532,523 2,132,774 1,210,043
Income (loss) from operations (31,445) (33,592) (74,231) (92,929)
Other income and expense:        
Interest expense (16,451) (16,023) (42,868) (36,363)
Interest income 4 1 7 4
Loss on extinguishment of debt 0 0 (1,428) (13,225)
Change in fair value of warrant liabilities (65,721) (14,650) (8,383) 24,565
Other income (loss) 354 (29) 884 (54)
Total other income (loss) (81,814) (30,701) (51,788) (25,073)
Net income (loss) before income tax expense (113,259) (64,293) (126,019) (118,002)
Income tax expense (benefit) (1,248) 547 641 (762)
Net income (loss) (112,011) (64,840) (126,660) (117,240)
Net income (loss) attributable to non-controlling interests (57,783) (41,602) (67,759) (98,559)
Net income (loss) attributable to Class A common stockholders $ (54,228) $ (23,238) $ (58,901) $ (18,681)
Net income (loss) per share attributable to Class A common stockholders, basic (in dollars per share) $ (0.23) $ (0.14) $ (0.28) $ (0.11)
Net income (loss) per share attributable to Class A common stockholders, diluted (in dollars per share) $ (0.23) $ (0.14) $ (0.28) $ (0.16)
Weighted-average shares outstanding:        
Basic (in shares) 232,314,170 170,871,429 211,408,974 168,100,210
Diluted (in shares) 232,314,170 477,255,983 211,408,974 169,312,258
Capitated revenue        
Revenue:        
Total revenue $ 625,895 $ 473,763 $ 1,955,739 $ 1,064,604
Fee-for-service and other revenue        
Revenue:        
Total revenue $ 39,133 $ 25,168 $ 102,804 $ 52,510