P3 Health Partners Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Intangible Assets (Tables)

Intangible Assets (Tables)

12 Months Ended

Dec. 31, 2021

Intangible Assets

Schedule of changes in other intangible assets


		Predecessor
		Customer
		Relationships			Total
Balance at December 31, 2020		$	—		$	—
Acquisitions			2,045,604			2,045,604
Amortization			(34,396)			(34,396)
Balance at December 2, 2021		$	2,011,208		$	2,011,208


		Successor
		Customer						Payor			Provider			Medical
		Relationships			Trademarks			Contracts			Network			Licenses			Total
Balance at December 3, 2021 ¹		$	684,000,000		$	147,700,000		$	—		$	3,700,000		$	—		$	835,400,000
Acquisitions			—			900,000			4,700,271			1,100,000			700,000			7,400,271
Amortization			(5,700,000)			(1,230,833)			—			(30,833)			—			(6,961,666)
Balance at December 31, 2021		$	678,300,000		$	147,369,167		$	4,700,271		$	4,769,167		$	700,000		$	835,838,605

1)	Represents the opening balance of intangibles as of December 3, 2021 due to the Business Combination

Schedule of weighted average remaining useful life of definite lived intangible assets


		Customer				Payor		Provider
		Relationships		Trademarks		Contracts		Network
Weighted average remaining useful life		9.9 years		9.9 years		10 years		9.9 years