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Discontinued Operations (Tables)
6 Months Ended
Jun. 30, 2021
Discontinued Operations and Disposal Groups [Abstract]  
Schedule of discontinued operations
The following table summarizes the results of operations of the Company’s True Health business, which are included in loss from discontinued operations in the consolidated statements of operations the three and six months ended June 30, 2021 and 2020:

For the Three Months Ended June 30,For the Six Months Ended June 30,
2021202020212020
Revenue
Platform and operations— 39 38 279 
Premiums— 25,502 44,795 57,649 
Total revenue— 25,541 44,833 57,928 
Expenses
Cost of revenue (exclusive of depreciation and amortization expenses presented separately below) (1)
— 4,640 5,885 7,935 
Claims expenses— 18,144 33,954 41,811 
Selling, general and administrative expenses (2)
— 4,236 5,764 9,911 
Depreciation and amortization expenses— 160 160 320 
Total operating expenses— 27,180 45,763 59,977 
Operating loss— (1,639)(930)(2,049)
Interest income— 137 112 286 
Interest expense— (3)(4)(7)
Other loss— (3)(25)(3)
Loss before income taxes and non-controlling interests— (1,508)(847)(1,773)
Benefit for income taxes— (326)— 
Net loss$— $(1,508)$(521)$(1,773)
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(1)Cost of revenue includes intercompany expenses between the Company and True Health that are recorded in income from continuing operations on the consolidated statements of operations related an existing services agreement for claims processing and other health plan administrative functions of $3.2 million for the three months ended June 30, 2020 and $2.8 million and $6.3 million for the six months ended June 30, 2021 and 2020, respectively.
(2)Selling, general and administrative expenses includes intercompany expenses between the Company and True Health that are recorded in income from continuing operations on the consolidated statements of operations related an existing services agreement for claims processing and other health plan administrative functions of $1.0 million of for the three months ended June 30, 2020 and $1.1 million and $4.1 million for the six months ended June 30, 2021 and 2020, respectively.
Cash flows related to the True Health business during the six months ended June 30, 2021 and 2020 were as follows:
For the Six Months Ended June 30,
20212020
Cash flows provided by (used in) operating activities$5,002 $10,660 
Cash flows provided by (used in) investing activities(2,494)382 

The following table summarizes the current and long-term assets and liabilities of the discontinued True Health business in the consolidated balance sheets as of December 31, 2020:

December 31, 2020
ASSETS
Current assets:
Cash and cash equivalents$21,488 
Restricted cash and restricted investments63 
Accounts receivable, net3,437 
Prepaid expenses and other current assets5,198 
Investments, at amortized cost3,728 
Total current assets33,914 
Restricted cash and restricted investments616 
Investments, at amortized cost10,919 
Prepaid expenses and other noncurrent assets59 
Intangible assets, net3,080 
Goodwill5,705 
Total assets$54,293 
LIABILITIES
Current liabilities:
Accounts payable (1)
93 
Accrued liabilities11,265 
Accrued compensation and employee benefits1,115 
Deferred revenue4,140 
Reserve for claims and performance-based arrangements9,858 
Total current liabilities26,471 
Other long-term liabilities128 
Deferred tax liabilities, net49 
Total liabilities$26,648 
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(1)Accounts payable exclude $1.5 million between the Company and True Health related an existing services agreement for claims processing and other health plan administrative functions as of December 31, 2020.