XML 55 R38.htm IDEA: XBRL DOCUMENT v3.24.0.1
Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2023
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 and comprehensive income (loss):

For the Year Ended December 31, 2021
Revenue
Platform and operations$38 
Premiums44,795 
Total revenue44,833 
Expenses
Cost of revenue (exclusive of depreciation and amortization expenses presented separately below) (1)
5,885 
Claims expenses33,954 
Selling, general and administrative expenses (2)
5,764 
Depreciation and amortization expenses160 
Total operating expenses45,763 
Operating loss(930)
Interest income112 
Interest expense(4)
Other loss(25)
Loss before income taxes and non-controlling interests(847)
Provision for income taxes(326)
Net loss$(521)
————————
(1)Cost of revenue includes intercompany expenses between the Company and True Health that are recorded in loss from continuing operations in the consolidated statements of operations and comprehensive income (loss) related to an existing services agreement for claims processing and other health plan administrative functions of $2.8 million for the year ended December 31, 2021.
(2)Selling, general and administrative expenses include intercompany expenses between the Company and True Health that are recorded in loss from continuing operations on the consolidated statements of operations and comprehensive income (loss) related to an existing services agreement for claims processing and other health plan administrative functions of $1.1 million for the year ended December 31, 2021.
Cash flows related to the True Health business were as follows:
For the Year Ended December 31, 2021
Cash flows provided by operating activities$5,002 
Cash flows (used in) provided by investing activities(2,494)