v3.25.2
Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2025
Dec. 31, 2024
Current Assets:    
Cash and cash equivalents $ 470,266 $ 432,859
Accounts receivable (less allowance for credit losses of $262 at June 30, 2025 and $0 at December 31, 2024) 282,931 153,904
Investments - current 33,511 37,791
Prepaid expenses and other current assets 93,414 37,084
Total current assets 880,122 661,638
Property and equipment, net 69,523 67,139
Right of use asset, net 7,579 7,818
Goodwill 32,060 34,826
Intangible Assets, net 4,550 4,550
Other assets 6,316 6,092
Total assets 1,000,150 782,063
Current Liabilities:    
Medical expenses payable 455,154 289,788
Accounts payable and accrued expenses 31,357 22,126
Accrued compensation 43,016 39,931
Total current liabilities 529,527 351,845
Long-term debt, net of debt issuance costs 322,295 321,428
Long-term portion of lease liabilities 7,361 7,835
Total liabilities 859,183 681,108
Commitments and Contingencies (Note 12)
Stockholders' Equity:    
Preferred stock, $.001 par value; 100,000,000 shares authorized as of June 30, 2025 and December 31, 2024, respectively; no shares issued and outstanding as of June 30, 2025 and December 31, 2024 0 0
Common stock, $.001 par value; 1,000,000,000 shares authorized as of June 30, 2025 and December 31, 2024; 197,958,237 and 191,778,639 shares issued and outstanding as of June 30, 2025 and December 31, 2024, respectively 198 192
Additional paid-in capital 1,142,509 1,107,952
Accumulated deficit (1,001,740) (1,008,293)
Total Alignment Healthcare, Inc. stockholders' equity 140,967 99,851
Noncontrolling interest 0 1,104
Total stockholders' equity 140,967 100,955
Total liabilities and stockholders' equity $ 1,000,150 $ 782,063