Alignment Healthcare Inc
For the period ended Sep 30, 2024. Filed Oct 29, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Oct 29, 2024
ALHC$7.27-1.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Balance Sheets
| September 30,2024 | December 31,2023 | |
|---|---|---|
| Assets | ||
| Current Assets: | ||
| Cash and cash equivalents | $340,300 | $202,904 |
| Accounts receivable (less allowance for credit losses of $123 at September 30, 2024 and $0 at December 31, 2023) | 138,852 | 119,749 |
| Investments - current | 40,676 | 115,914 |
| Prepaid expenses and other current assets | 53,779 | 44,970 |
| Total current assets | 573,607 | 483,537 |
| Property and equipment, net | 64,692 | 51,901 |
| Right of use asset, net | 8,124 | 9,959 |
| Goodwill | 34,826 | 34,826 |
| Intangible Assets, net | 4,550 | 5,252 |
| Other assets | 6,488 | 6,405 |
| Total assets | $692,287 | $591,880 |
| Liabilities and Stockholders' Equity | ||
| Current Liabilities: | ||
| Medical expenses payable | $297,125 | $205,399 |
| Accounts payable and accrued expenses | 25,394 | 23,511 |
| Accrued compensation | 33,951 | 34,112 |
| Current maturities of long-term debt | 1,613 | — |
| Total current liabilities | 358,083 | 263,022 |
| Long-term debt, net of current maturities and debt issuance costs | 210,386 | 161,813 |
| Long-term portion of lease liabilities | 8,191 | 8,974 |
| Total liabilities | 576,660 | 433,809 |
| Commitments and Contingencies (Note 12) | ||
| Stockholders' Equity: | ||
| Preferred stock, $.001 par value; 100,000,000 shares authorized as of September 30, 2024 and December 31, 2023, respectively; no shares issued and outstanding as of September 30, 2024 and December 31, 2023 | — | — |
| Common stock, $.001 par value; 1,000,000,000 shares authorized as of September 30, 2024 and December 31, 2023; 191,595,786 and 188,951,643 shares issued and outstanding as of September 30, 2024 and December 31, 2023, respectively | 191 | 189 |
| Additional paid-in capital | 1,091,561 | 1,037,015 |
| Accumulated deficit | (977,202) | (880,258) |
| Total Alignment Healthcare, Inc. stockholders' equity | 114,550 | 156,946 |
| Noncontrolling interest | 1,077 | 1,125 |
| Total stockholders' equity | 115,627 | 158,071 |
| Total liabilities and stockholders' equity | $692,287 | $591,880 |
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