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

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Successor

ASSETS

    

September 30, 2022

    

December 31, 2021

Cash

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$

5,413,965

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$

7,570,247

Client Fees and Insurance Receivable, net

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16,653

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60,815

Prepaid Expenses and Other Current Assets

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1,353,408

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406,372

Property, Plant and Equipment, net

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44,494

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36,416

Investment in Other P3 Entities

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6,000,000

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6,000,000

TOTAL ASSETS

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12,828,520

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14,073,850

LIABILITIES AND MEMBERS’ DEFICIT

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Accounts Payable and Accrued Expenses

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7,653,560

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4,804,704

Accrued Payroll

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2,233,567

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1,303,615

Due to Consolidated Entities of P3

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27,001,570

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24,110,831

TOTAL LIABILITIES

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36,888,697

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30,219,150

MEMBERS’ DEFICIT

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(24,060,177)

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(16,145,300)

TOTAL LIABILITIES AND MEMBERS’ DEFICIT

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$

12,828,520

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$

14,073,850

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Successor

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Predecessor

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Three Months Ended

    

Three Months Ended

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September 30, 2022

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September 30, 2021

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(As Restated)

Revenue

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$

13,594,142

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$

1,905,404

Expenses

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15,731,721

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4,707,369

Net Loss

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$

(2,137,579)

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$

(2,801,965)

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Successor

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Predecessor

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Nine Months Ended

    

Nine Months Ended

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September 30, 2022

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September 30, 2021

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(As Restated)

Revenue

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$

39,462,716

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$

5,815,261

Expenses

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46,708,335

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13,858,939

Net Loss

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$

(7,245,619)

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$

(8,043,678)