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Condensed Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Dec. 31, 2019
Current Assets:      
Cash $ 59,319 $ 878,653  
Prepaid expenses and other current assets 228,257 168,877  
Prepaid expenses   168,527  
Other current assets   350  
Total Current Assets 287,576 1,047,530  
Investments held in Trust Account 115,000,482 115,020,078  
Total Assets 115,288,058 116,067,608  
Current liabilities:      
Accounts payable 161,067 11,658  
Franchise tax payable 103,115 78,192  
Other accrued liabilities 70,000 70,000  
Total Current Liabilities 334,182 159,850  
Warrant liabilities 8,595,000 9,040,670  
Deferred underwriting commissions in connection with initial public offering 4,025,000 4,025,000  
Total Liabilities 12,954,182 13,225,520  
Commitments and Contingencies    
Class A common stock, 11,500,000 shares subject to possible redemption at $10.00 per share redemption value   115,000,000  
Class A common stock, $0.0001 par value, subject to possible redemption at $10.00 per share ‒ 11,500,000 shares at September 30, 2021 and December 31, 2020 115,000,000 115,000,000  
Stockholders’ Deficit:      
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding  
Class A common stock, $0.0001 par value; 50,000,000 shares authorized; -0- shares issued and outstanding (excluding 11,500,000 shares subject to possible redemption) 288    
Class B common stock, $0.0001 par value; 12,500,000 shares authorized; 2,875,000 shares issued and outstanding(1)(2) [1],[2] 288  
Additional paid-in capital    
Accumulated deficit (12,666,412) (12,158,200)  
Accumulated deficit   (12,158,200)  
Total Stockholders’ Deficit (12,666,124) (12,157,912)  
Total Liabilities and Stockholders’ Equity 115,288,058 116,067,608  
Ambulnz, Inc.      
Current Assets:      
Cash 39,550,926 32,418,220 $ 47,739,610
Account receivable, net 51,497,088 24,854,957 10,162,569
Prepaid expenses and other current assets 5,681,902 1,150,491 1,241,155
Total Current Assets 96,729,916 58,423,668 59,143,334
Property and equipment, net 10,470,597 9,105,597 6,378,706
Intangibles, net 10,813,082 10,674,106 9,970,576
Goodwill 6,610,557 6,610,557 6,307,440
Restricted cash 3,611,569 2,039,053 4,028,125
Operating lease right-of-use assets 4,511,988 4,997,407 5,147,005
Finance lease right-of-use assets 8,224,418 7,001,644 8,886,378
Other assets 3,106,738 1,320,331 1,102,232
Total Assets 144,078,865 100,172,363 100,963,796
Current liabilities:      
Accounts payable 13,378,151 3,954,123 947,938
Accrued liabilities 39,172,931 14,254,438 4,587,787
Line of credit 8,000,000  
Notes payable, current 931,561 664,357 564,910
Due to seller 1,069,026 1,125,522 529,205
Operating lease liability, current 1,552,866 1,620,470 1,252,727
Finance lease liability, current 2,858,622 1,876,765 1,849,086
Total Current Liabilities 66,963,157 23,495,675 9,731,653
Notes payable, non-current 605,075 594,494 751,498
Operating lease liability, non-current 3,220,829 3,638,254 4,141,190
Finance lease liability, non-current 6,233,850 5,496,899 6,976,621
Total Liabilities 77,022,911 33,225,322 21,600,962
Commitments and Contingencies
Stockholders’ Deficit:      
Preferred stock, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding
Class A common stock, $0.0001 par value; 50,000,000 shares authorized; -0- shares issued and outstanding (excluding 11,500,000 shares subject to possible redemption)
Class B common stock, $0.0001 par value; 12,500,000 shares authorized; 2,875,000 shares issued and outstanding(1)(2)
Additional paid-in capital 143,289,262 142,346,852 141,659,780
Accumulated deficit (87,117,532) (87,300,472) (72,940,528)
Accumulated other comprehensive gain (loss) 123,307 (48,539) (244,884)
Total stockholders’ equity attributable to Ambulnz, Inc. and Subsidiaries 56,295,037 54,997,841 68,474,368
Noncontrolling interests 10,760,917 11,949,200 10,888,466
Total Stockholders’ Deficit 67,055,954 66,947,041 79,362,834
Total Liabilities and Stockholders’ Equity $ 144,078,865 $ 100,172,363 $ 100,963,796
[1] Effective November 16, 2020, the Sponsor forfeited 431,250 Class B common shares as a result of the underwriter waiving its over-allotment option (see Note 4).
[2] On October 14, 2020, the Sponsor effected a surrender of 431,250 Class B common shares to the Company for no consideration, resulting in a decrease in the total number of Class B common shares then outstanding from 3,737,500 to 3,306,250 (see Note 5).