Post-effective amendment to a registration statement that is not immediately effective upon filing

Income Taxes (Tables)

v3.23.1
Income Taxes (Tables)
12 Months Ended
Dec. 31, 2022
Income Taxes  
Schedule of components of loss before taxes

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​

​

​

​

​

​

​

​

​

​

    

Successor

  

  

Predecessor

​

​

Year Ended

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December 3, 2021

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​

January 1, 2021

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December 31,

​

through December 31,

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​

through December 2,

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​

2022

    

2021

​

​

2021

Domestic

​

$

(1,559,695)

​

$

(57,938)

​

​

$

(146,400)

Foreign

​

 

—

​

 

—

​

​

 

—

Total

​

$

(1,559,695)

​

$

(57,938)

​

​

$

(146,400)

​

Schedule of components of income tax expense

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​

​

​

​

​

​

​

​

​

​

​

​

​

Successor

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​

Predecessor

​

​

Year Ended

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December 3, 2021

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​

January 1, 2021

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December 31,

  

through December 31,

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​

through December 2,

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2022

    

2021

  

  

2021

Current income taxes:

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​

​

​

​

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​

​

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Federal

​

$

111

​

$

—

​

​

$

—

State

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​

1,751

​

​

—

​

​

​

—

Total current income taxes

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$

1,862

​

$

—

​

​

$

—

Deferred income taxes:

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​

​

​

​

​

​

​

​

​

Federal

​

​

—

​

​

—

​

​

​

—

State

​

​

—

​

​

—

​

​

​

—

Total deferred income taxes

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​

—

​

​

—

​

​

​

—

Total income tax expense

​

$

1,862

​

$

—

​

​

$

—

​

Schedule of reconciliation between the income tax provision computed by applying the statutory federal rate and the actual provision

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​

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Successor

​

​

Predecessor

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​

Year Ended

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December 3, 2021

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January 1, 2021

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​

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December 31,

​

through December 31,

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​

through December 2,

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​

​

2022

  

2021

  

  

2021

​

Tax at federal statutory rate

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$

(327,536)

​

$

(12,166)

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​

$

(30,744)

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Non-controlling interest and nontaxable income

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260,020

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8,359

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​

 

30,744

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Change in valuation allowance

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33,961

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2,832

​

​

 

—

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Investment in P3 LLC

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35,147

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1,550

​

​

 

—

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Other reconciling items

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​

270

​

​

(575)

​

​

​

—

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Total

​

$

1,862

​

$

—

​

​

$

—

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​

​

​

​

​

​

​

​

​

​

​

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Effective tax rate

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(0.1)

%  

 

—

%  

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—

%

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Schedule of deferred income tax assets and liabilities

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December 31, 

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2022

    

2021

Deferred tax assets:

 

​

​

 

​

​

Investment in P3 LLC

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$

20,684

​

$

—

Net operating loss carryforwards

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17,601

​

 

6,922

Accrued liabilities

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​

2,764

​

​

3,307

Goodwill and identifiable intangible assets

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​

589

​

​

—

Section 163j interest limitation

​

 

1,995

​

 

1,232

Other deferred tax assets

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94

​

 

3

Total deferred tax assets

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43,727

​

 

11,464

Less: valuation allowance

​

 

(43,558)

​

 

(9,621)

Net deferred tax assets

​

 

169

​

 

1,843

Deferred tax liabilities:

​

 

​

​

 

​

Other deferred tax liabilities

​

​

(150)

​

​

(87)

Operating lease, right-of-use assets

​

​

(19)

​

​

—

Goodwill and identifiable intangible assets

​

 

—

​

 

(1,756)

Total deferred tax liabilities

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(169)

​

 

(1,843)

Net deferred tax asset

​

$

—

​

$

—

​