Quarterly report pursuant to Section 13 or 15(d)

Variable Interest Entities (Tables)

v3.22.2.2
Variable Interest Entities (Tables)
9 Months Ended
Sep. 30, 2022
Variable Interest Entities  
Summary of balance sheet and income statement of VIEs

Successor

ASSETS

    

September 30, 2022

    

December 31, 2021

Cash

$

5,413,965

$

7,570,247

Client Fees and Insurance Receivable, net

 

16,653

 

60,815

Prepaid Expenses and Other Current Assets

 

1,353,408

 

406,372

Property, Plant and Equipment, net

 

44,494

 

36,416

Investment in Other P3 Entities

 

6,000,000

 

6,000,000

TOTAL ASSETS

 

12,828,520

 

14,073,850

LIABILITIES AND MEMBERS’ DEFICIT

 

  

 

  

Accounts Payable and Accrued Expenses

 

7,653,560

 

4,804,704

Accrued Payroll

 

2,233,567

 

1,303,615

Due to Consolidated Entities of P3

 

27,001,570

 

24,110,831

TOTAL LIABILITIES

 

36,888,697

 

30,219,150

MEMBERS’ DEFICIT

 

(24,060,177)

 

(16,145,300)

TOTAL LIABILITIES AND MEMBERS’ DEFICIT

$

12,828,520

$

14,073,850

Successor

Predecessor

    

Three Months Ended

    

Three Months Ended

September 30, 2022

September 30, 2021

(As Restated)

Revenue

$

13,594,142

$

1,905,404

Expenses

 

15,731,721

 

4,707,369

Net Loss

$

(2,137,579)

$

(2,801,965)

Successor

Predecessor

    

Nine Months Ended

    

Nine Months Ended

September 30, 2022

September 30, 2021

(As Restated)

Revenue

$

39,462,716

$

5,815,261

Expenses

 

46,708,335

 

13,858,939

Net Loss

$

(7,245,619)

$

(8,043,678)