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

Property and Equipment

v3.22.2.2
Property and Equipment
6 Months Ended 12 Months Ended
Jun. 30, 2022
Dec. 31, 2021
P3 Health Partners Inc.    
Property, Plant and Equipment [Line Items]    
Property and Equipment

Note 10: Property and Equipment

The Company’s property and equipment balances as of June 30, 2022 and December 31, 2021 consisted of the following:

Successor

    

June 30, 2022

    

December 31, 2021

Leasehold Improvements

$

1,582,725

$

1,537,091

Furniture & Fixtures

 

1,360,095

 

1,108,184

Computer Equipment & Software

 

2,703,230

 

2,700,617

Medical Equipment

 

414,100

 

414,100

Software (Development in Process)

 

3,533,823

 

2,433,470

Other

 

36,788

 

36,788

 

9,630,761

 

8,230,250

Less: Accumulated Depreciation

 

(1,337,796)

 

(182,321)

Property and Equipment, Net

$

8,292,965

$

8,047,929

Note 10: Property and Equipment

The Company’s property and equipment balances as of December 31 consisted of the following:

    

Successor

  

  

Predecessor

December 31, 

December 31, 

2021

2020

Leasehold Improvements

$

1,537,091

$

1,392,688

Furniture & Fixtures

 

1,108,184

 

1,150,789

Computer Equipment & Software

 

2,700,617

 

1,947,894

Medical Equipment

 

414,100

 

457,822

Software (Development in Process)

 

2,433,470

 

2,794,221

Other

36,788

8,230,250

7,743,414

Less: Accumulated Depreciation

 

(182,321)

 

(1,592,827)

Property and Equipment, Net

$

8,047,929

$

6,150,587