Privia Health Group Inc
For the period ended Sep 30, 2024. Filed Nov 7, 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 Nov 7, 2024
PRVA$24.37-0.7%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Condensed Consolidated Statements of Cash Flows
(in thousands)
| For the Nine Months Ended September 30, | ||
|---|---|---|
| 2024 | 2023 | |
| Cash flows from operating activities | ||
| Net income | $11,677 | $18,704 |
| Adjustments to reconcile net income to net cash provided by operating activities: | ||
| Depreciation | 876 | 878 |
| Amortization of intangibles | 4,560 | 3,883 |
| Stock-based compensation | 41,401 | 25,429 |
| Deferred tax expense | 7,631 | 5,179 |
| Changes in asset and liabilities: | ||
| Accounts receivable | (118,191) | (156,219) |
| Prepaid expenses and other current assets | (4,272) | (2,801) |
| Other non-current assets and right-of-use asset | (70) | (1,246) |
| Accounts payable and accrued expenses | 7,810 | 1,489 |
| Provider liability | 85,174 | 123,930 |
| Operating lease liabilities | (2,112) | (2,510) |
| Other long-term liabilities | — | (32) |
| Net cash provided by operating activities | 34,484 | 16,684 |
| Cash from investing activities | ||
| Business acquisitions, net of cash acquired | (707) | (37,858) |
| Other | (5,006) | (90) |
| Net cash used in investing activities | (5,713) | (37,948) |
| Cash flows from financing activities | ||
| Proceeds from exercised stock options | 2,062 | 8,788 |
| Repurchase of non-controlling interest | — | (5,694) |
| Contributed from non-controlling interest | 1,653 | 569 |
| Net cash provided by financing activities | 3,715 | 3,663 |
| Net increase (decrease) in cash and cash equivalents | 32,486 | (17,601) |
| Cash and cash equivalents at beginning of period | 389,511 | 347,992 |
| Cash and cash equivalents at end of period | $421,997 | $330,391 |
| Supplemental disclosure of cash flow information: | ||
| Interest paid | $222 | $40 |
| Income taxes paid | $3,525 | $1,019 |
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