Business Segment Information

9 Months Ended

12 Months Ended

Sep. 30, 2021

Dec. 31, 2020

Ambulnz, Inc. [Member]

Business Segment Information [Line Items]

Business Segment Information

10. Business Segment Information

The Company conducts business as two operating segments, Transportation Services and Mobile Health services. In accordance with ASC 280, Segment Reporting, operating segments are components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision maker, who is the chief executive officer, in deciding how to allocate resources and assessing performance. The Company’s business operates in two operating segments because the Company’s entities have two main revenue streams, and the Company’s chief operating decision maker evaluates the Company’s financial information and resources and assesses the performance of these resources by revenue stream.

The accounting policies of the segments are the same as the accounting policies of the Company as a whole. The Company evaluates the performance of its Transportation services and Mobile Health services segments based primarily on results of operations.

Operating results for the business segments of the Company are as follows:

	Transportation Services			Mobile Health Services		Total
Three Months Ended September 30, 2021
Revenues	$	17,916,162		$	67,922,826	$	85,838,988
(Loss) income from operations		(11,308,739	)		12,827,957		1,519,218
Total assets	$	115,444,782		$	28,634,083	$	144,078,865
Depreciation and amortization expense	$	1,860,088		$	159,488	$	2,019,576
Stock compensation	$	458,346		$	4,700	$	463,046
Long-lived assets	$	25,641,586		$	2,252,650	$	27,894,236
Three Months Ended September 30, 2020
Revenues	$	15,242,252		$	11,694,361	$	26,936,613
(Loss) income from operations		(5,028,689	)		2,469,430		(2,559,259	)
Total assets	$	95,201,741		$	2,545,558	$	97,747,299
Depreciation and amortization expense	$	1,368,802		$	960	$	1,369,762
Stock compensation	$	171,768		$	—	$	171,768
Long-lived assets	$	26,361,180		$	29,080	$	26,390,260

	Transportation Services			Mobile Health Services		Total
Nine Months Ended September 30, 2021
Revenues	$	65,657,142		$	131,737,237	$	197,394,379
(Loss) income from operations		(15,309,680	)		15,213,696		(95,984	)
Total assets	$	115,444,782		$	28,634,083	$	144,078,865
Depreciation and amortization expense	$	5,214,607		$	299,696	$	5,514,303
Stock compensation	$	1,215,180		$	9,400	$	1,224,580
Long-lived assets	$	25,641,586		$	2,252,650	$	27,894,236
Nine Months Ended September 30, 2020
Revenues	$	47,577,542		$	15,272,891	$	62,850,433
(Loss) income from operations		(13,382,146	)		3,062,702		(10,319,444	)
Total assets	$	93,779,420		$	2,545,558	$	96,324,978
Depreciation and amortization expense	$	4,064,424		$	1,021	$	4,065,445
Stock compensation	$	515,305		$	—	$	515,305
Long-lived assets	$	24,803,298		$	29,080	$	24,832,378

10. Business Segment Information (cont.)

Long-lived assets include property, plant and equipment, goodwill and intangible assets.

Geographic Information

Revenues by geographic location included in Note 2.

10. Business Segment Information

The Company conducts business as two operating segments, Transportation Services and Mobile Health services. In accordance with ASC 280, Segment Reporting, operating segments are components of an enterprise for which separate financial information is evaluated regularly by the chief operating decision maker, who is the chief executive officer, in deciding how to allocate resources and assessing performance. The Company’s business operates

in two operating segments because the Company’s entities have two main revenue streams, and the Company’s chief operating decision maker evaluates the Company’s financial information and resources and assesses the performance of these resources by revenue stream.

The accounting policies of the segments are the same as the accounting policies of the Company as a whole. The Company evaluates the performance of its Transportation services and Mobile Health services segments based primarily on results of operations.

Operating results for the business segments of the Company are as follows:

	Transportation Services			Mobile Health Services		Total
At Year Ended December 31, 2020
Revenues	$	63,188,855		$	30,901,803	$	94,090,658
(Loss) income from operations		(19,285,424	)		4,527,741		(14,757,683	)
Total assets		88,632,28			11,539,435		100,172,363
Depreciation and amortization	$	5,496,769		$	10,886	$	5,507,655
Stock compensation	$	687,072			—	$	687,072
Long-lived assets	$	25,710,265		$	679,995	$	26,390,260
At Year Ended December 31, 2019
Revenues	$	46,424,896		$	1,874,216	$	48,299,112
(Loss) income from operations		(20,920,717	)		157,983		(20,762,734	)
Total assets		100,963,796			—		100,963,796
Depreciation and amortization	$	4,182,271			—	$	4,182,271
Stock compensation	$	457,467			—	$	457,467
Long-lived assets	$	22,656,722			—	$	22,656,722

Long-lived assets include property, plant and equipment, goodwill and intangible assets.

Geographic Information

Revenues by geographic location included in Note 2.