v3.26.1
Condensed Consolidated Statements of Cash Flows (unaudited) - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities    
Net income $ 3,710 $ 6,046
Adjustments to reconcile net income to net cash used in operating activities:    
Depreciation 146 228
Amortization of intangibles 3,135 1,673
Stock-based compensation 21,921 17,790
Deferred income taxes, net 2,528 1,713
Changes in asset and liabilities:    
Accounts receivable, net (112,774) (72,548)
Prepaid expenses and other current assets (2,408) (914)
Other non-current assets and right-of-use assets 978 275
Accounts payable and accrued expenses (16,249) (13,850)
Provider liability 49,113 35,681
Operating lease liabilities (510) (155)
Other long-term liabilities 945 0
Net cash used in operating activities (49,465) (24,061)
Cash from investing activities    
Other (26) 0
Net cash used in investing activities (26) 0
Cash flows from financing activities    
Proceeds from exercised stock options 774 2,243
Repurchase of non-controlling interest (11,444) 0
Net cash (used in) provided by financing activities (10,670) 2,243
Net decrease in cash and cash equivalents (60,161) (21,818)
Cash and cash equivalents at beginning of period 479,685 491,149
Cash and cash equivalents at end of period 419,524 469,331
Supplemental disclosure of cash flow information:    
Interest paid 62 0
Income tax paid (refunds received) $ 63 $ (313)