2023 Q1 Form 10-K Financial Statement

#000162828023008315 Filed on March 16, 2023

View on sec.gov

Income Statement

Concept 2023 Q1 2022 Q4 2022
Revenue $76.19M $71.42M $252.5M
YoY Change 38.13% 36.55% 24.37%
Cost Of Revenue $62.09M $55.80M $200.4M
YoY Change 44.95% 26.89% 23.58%
Gross Profit $14.10M $15.63M $52.09M
YoY Change 14.42% 87.55% 27.53%
Gross Profit Margin 18.5% 21.88% 20.63%
Selling, General & Admin $28.83M $29.57M $119.7M
YoY Change -3.27% -38.7% 43.57%
% of Gross Profit 204.48% 189.21% 229.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $1.269M $1.192M $4.411M
YoY Change 28.57% 29.65% 32.03%
% of Gross Profit 9.0% 7.63% 8.47%
Operating Expenses $28.83M $30.76M $119.7M
YoY Change -3.27% -37.43% 43.57%
Operating Profit -$32.87M -$15.13M -$81.95M
YoY Change 77.94% -62.93% 78.71%
Interest Expense -$1.443M -$2.450M -$4.082M
YoY Change -2050.0% 3975.86% -1375.63%
% of Operating Profit
Other Income/Expense, Net $2.913M $16.16M $81.86M
YoY Change -92.32% -43.31% 138.94%
Pretax Income -$29.95M -$11.37M -$91.00K
YoY Change -253.88% -9.9% -99.22%
Income Tax $44.00K -$367.0K -$243.0K
% Of Pretax Income
Net Earnings -$30.00M -$8.737M $152.0K
YoY Change -255.54% -13.97% -101.39%
Net Earnings / Revenue -39.37% -12.23% 0.06%
Basic Earnings Per Share -$0.33 $0.00
Diluted Earnings Per Share -$0.33 -$0.12 -$0.21
COMMON SHARES
Basic Shares Outstanding 74.55M shares 72.34M shares 72.79M shares
Diluted Shares Outstanding 73.45M shares 80.61M shares

Balance Sheet

Concept 2023 Q1 2022 Q4 2022
SHORT-TERM ASSETS
Cash & Short-Term Investments $55.38M $73.81M $73.81M
YoY Change -41.49% -35.92% -35.43%
Cash & Equivalents $15.25M $14.01M
Short-Term Investments $40.13M $59.80M $59.80M
Other Short-Term Assets $6.942M $6.918M $6.918M
YoY Change -40.25% -38.23% -42.71%
Inventory $10.25M $9.261M $9.261M
Prepaid Expenses $6.942M $6.918M
Receivables $45.96M $39.82M $39.82M
Other Receivables $428.0K $617.0K $617.0K
Total Short-Term Assets $119.0M $130.4M $130.4M
YoY Change -14.93% -15.34% -15.34%
LONG-TERM ASSETS
Property, Plant & Equipment $9.846M $8.547M $33.04M
YoY Change 100.57% 103.89% 688.19%
Goodwill $4.551M $21.42M
YoY Change -82.91% -19.56%
Intangibles $17.23M $17.96M
YoY Change -1.96% -1.58%
Long-Term Investments $58.84M $58.35M $58.35M
YoY Change
Other Assets $527.0K $477.0K $477.0K
YoY Change 58.73% 49.06% 49.06%
Total Long-Term Assets $115.7M $131.2M $131.2M
YoY Change 73.49% 165.77% 165.77%
TOTAL ASSETS
Total Short-Term Assets $119.0M $130.4M $130.4M
Total Long-Term Assets $115.7M $131.2M $131.2M
Total Assets $234.6M $261.7M $261.7M
YoY Change 13.62% 28.62% 28.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $11.95M $9.372M $9.372M
YoY Change -5.16% -39.76% -39.76%
Accrued Expenses $12.25M $14.60M $16.86M
YoY Change -15.64% 4.82% 57.66%
Deferred Revenue $875.0K $1.139M
YoY Change 334.73%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00 $0.00
YoY Change -100.0% -100.0%
Total Short-Term Liabilities $30.09M $29.72M $29.72M
YoY Change -4.56% -0.26% -0.26%
LONG-TERM LIABILITIES
Long-Term Debt $82.14M $80.62M $80.62M
YoY Change
Other Long-Term Liabilities $765.0K $868.0K $28.04M
YoY Change -79.87% -87.42% -59.43%
Total Long-Term Liabilities $82.91M $81.49M $108.7M
YoY Change 2081.24% 1081.0% 57.23%
TOTAL LIABILITIES
Total Short-Term Liabilities $30.09M $29.72M $29.72M
Total Long-Term Liabilities $82.91M $81.49M $108.7M
Total Liabilities $136.2M $138.5M $138.5M
YoY Change 82.82% 39.49% 39.49%
SHAREHOLDERS EQUITY
Retained Earnings -$93.08M -$63.08M
YoY Change 111.8% -0.24%
Common Stock $7.000K $7.000K
YoY Change 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $98.41M $123.2M $123.2M
YoY Change
Total Liabilities & Shareholders Equity $234.6M $261.7M $261.7M
YoY Change 13.62% 28.62% 28.62%

Cashflow Statement

Concept 2023 Q1 2022 Q4 2022
OPERATING ACTIVITIES
Net Income -$30.00M -$8.737M $152.0K
YoY Change -255.54% -13.97% -101.39%
Depreciation, Depletion And Amortization $1.269M $1.192M $4.411M
YoY Change 28.57% 29.65% 32.03%
Cash From Operating Activities -$15.45M -$14.00M -$61.76M
YoY Change -9.0% -40.02% 88.97%
INVESTING ACTIVITIES
Capital Expenditures $1.839M $1.995M $5.529M
YoY Change 83.53% -328.95% 94.2%
Acquisitions $8.577M
YoY Change -5.82%
Other Investing Activities $20.24M -$30.58M -$126.1M
YoY Change 269.3% 1284.48%
Cash From Investing Activities $18.40M -$32.57M -$131.6M
YoY Change -1936.43% 255.93% 982.89%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $9.000M
YoY Change
Debt Paid & Issued, Net $0.00
YoY Change -100.0%
Cash From Financing Activities -$1.709M -847.0K $92.21M
YoY Change 3.14% -100.62% -40.13%
NET CHANGE
Cash From Operating Activities -$15.45M -14.00M -$61.76M
Cash From Investing Activities $18.40M -32.57M -$131.6M
Cash From Financing Activities -$1.709M -847.0K $92.21M
Net Change In Cash $1.240M -47.41M -$101.2M
YoY Change -106.31% -145.75% -192.66%
FREE CASH FLOW
Cash From Operating Activities -$15.45M -$14.00M -$61.76M
Capital Expenditures $1.839M $1.995M $5.529M
Free Cash Flow -$17.29M -$15.99M -$67.29M
YoY Change -3.85% -28.81% 89.39%

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CY2021 us-gaap Increase Decrease In Other Noncurrent Liabilities
IncreaseDecreaseInOtherNoncurrentLiabilities
809000 usd
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-61756000 usd
CY2021 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-32680000 usd
CY2022 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
5529000 usd
CY2021 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
2847000 usd
CY2022 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
0 usd
CY2021 us-gaap Payments To Acquire Intangible Assets
PaymentsToAcquireIntangibleAssets
200000 usd
CY2022 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
8577000 usd
CY2021 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
9107000 usd
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
117508000 usd
CY2021 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 usd
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-131614000 usd
CY2021 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-12154000 usd
CY2022 toi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
0 usd
CY2021 toi Proceeds From Reverse Recapitalization Transaction
ProceedsFromReverseRecapitalizationTransaction
333946000 usd
CY2022 toi Payments For Reverse Recapitalization Transaction Costs
PaymentsForReverseRecapitalizationTransactionCosts
0 usd
CY2021 toi Payments For Reverse Recapitalization Transaction Costs
PaymentsForReverseRecapitalizationTransactionCosts
33145000 usd
CY2022 toi Payments As A Result Of Recapitalization Transaction
PaymentsAsAResultOfRecapitalizationTransaction
0 usd
CY2021 toi Payments As A Result Of Recapitalization Transaction
PaymentsAsAResultOfRecapitalizationTransaction
167510000 usd
CY2021 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
usd
CY2021 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 usd
CY2022 toi Proceeds From Financing Of Insurance Payments
ProceedsFromFinancingOfInsurancePayments
0 usd
CY2021 toi Proceeds From Financing Of Insurance Payments
ProceedsFromFinancingOfInsurancePayments
8429000 usd
CY2022 toi Payments For Financing Of Insurance Payments
PaymentsForFinancingOfInsurancePayments
5009000 usd
CY2021 toi Payments For Financing Of Insurance Payments
PaymentsForFinancingOfInsurancePayments
409000 usd
CY2022 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
509000 usd
CY2021 us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
50000 usd
CY2022 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 usd
CY2021 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
7219000 usd
CY2022 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
58000 usd
CY2021 us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
32000 usd
CY2022 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
9000000 usd
CY2021 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 usd
CY2022 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
858000 usd
CY2021 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 usd
CY2022 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
413000 usd
CY2021 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
0 usd
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
0 usd
CY2021 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
20000000 usd
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
92206000 usd
CY2021 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
154010000 usd
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
-101164000 usd
CY2021 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
109176000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
115174000 usd
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5998000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
14010000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
115174000 usd
CY2022 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
150000 usd
CY2021 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1727000 usd
CY2022 us-gaap Interest Paid Net
InterestPaidNet
224000 usd
CY2021 us-gaap Interest Paid Net
InterestPaidNet
275000 usd
CY2022 toi Reclassification Of Public Warrant Derivative Liability Related To The Recapitalization Transaction Into Equity
ReclassificationOfPublicWarrantDerivativeLiabilityRelatedToTheRecapitalizationTransactionIntoEquity
0 usd
CY2021 toi Reclassification Of Public Warrant Derivative Liability Related To The Recapitalization Transaction Into Equity
ReclassificationOfPublicWarrantDerivativeLiabilityRelatedToTheRecapitalizationTransactionIntoEquity
10580000 usd
CY2022 toi Fair Value Of Assets Acquired As Part Of Acquisition Except For Cash And Goodwill
FairValueOfAssetsAcquiredAsPartOfAcquisitionExceptForCashAndGoodwill
0 usd
CY2021 toi Fair Value Of Assets Acquired As Part Of Acquisition Except For Cash And Goodwill
FairValueOfAssetsAcquiredAsPartOfAcquisitionExceptForCashAndGoodwill
1175000 usd
CY2022 toi Deferred Consideration As Part Of Practice Acquisitions
DeferredConsiderationAsPartOfPracticeAcquisitions
0 usd
CY2021 toi Deferred Consideration As Part Of Practice Acquisitions
DeferredConsiderationAsPartOfPracticeAcquisitions
4468000 usd
CY2022 toi Discount On Convertible Debt
DiscountOnConvertibleDebt
28160000 usd
CY2021 toi Discount On Convertible Debt
DiscountOnConvertibleDebt
0 usd
CY2022 toi Number Of Wholly Owned Subsidiaries
NumberOfWhollyOwnedSubsidiaries
3 subsidiary
CY2022 toi Number Of Oncologists And Mid Level Professionals Within Three States Minimum
NumberOfOncologistsAndMidLevelProfessionalsWithinThreeStatesMinimum
101 oncologist
CY2022 toi Number Of Clinic Locations
NumberOfClinicLocations
62 clinic
CY2022Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
5 state
CY2022Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
120723000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Within One Year Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesWithinOneYearAmortizedCost
72892000 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities After One Through Five Years Amortized Cost
AvailableForSaleSecuritiesDebtMaturitiesAfterOneThroughFiveYearsAmortizedCost
47831000 usd
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022 us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:10pt"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:700;line-height:120%">Use of Estimates</span></div><div style="margin-bottom:10pt;text-align:justify;text-indent:18pt"><span style="color:#231f20;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates under different assumptions or conditions. Significant items subject to such estimates and assumptions include judgements related to revenue recognition, estimated accounts receivable, useful lives and recoverability of long-lived and intangible assets, recoverability of goodwill, fair values of acquired identifiable assets and assumed liabilities in business combinations, fair value of intangible assets and goodwill, fair value of share-based compensation, fair value of liability classified instruments, and judgements related to deferred income taxes.</span></div>
CY2022Q4 toi Debt Securities Available For Sale Amortized Cost Maturity Allocated And Single Maturity Date After Year5
DebtSecuritiesAvailableForSaleAmortizedCostMaturityAllocatedAndSingleMaturityDateAfterYear5
0 usd
CY2021 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 usd
CY2022Q4 us-gaap Available For Sale Securities Debt Maturities Single Maturity Date Amortized Cost Basis
AvailableForSaleSecuritiesDebtMaturitiesSingleMaturityDateAmortizedCostBasis
120723000 usd
CY2022 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-378000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
9944000 usd
CY2021 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0 usd
CY2022 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2021 us-gaap Impairment Of Intangible Assets Finitelived
ImpairmentOfIntangibleAssetsFinitelived
0 usd
CY2022 toi Defined Contribution Plan Required Service Period
DefinedContributionPlanRequiredServicePeriod
P2M
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
1
CY2022 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.04
CY2021 us-gaap Defined Contribution Plan Employer Matching Contribution Percent
DefinedContributionPlanEmployerMatchingContributionPercent
0.04
CY2022 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
1108000 usd
CY2021 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
787000 usd
CY2022Q4 us-gaap Inventory Net
InventoryNet
9261000 usd
CY2021Q4 us-gaap Inventory Net
InventoryNet
6438000 usd
CY2022Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
39816000 usd
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
20007000 usd
CY2022 toi Accounts Receivable Allowance For Credit Loss Recovery Reversal
AccountsReceivableAllowanceForCreditLossRecoveryReversal
169000 usd
CY2021 toi Accounts Receivable Allowance For Credit Loss Recovery Reversal
AccountsReceivableAllowanceForCreditLossRecoveryReversal
465000 usd
CY2022 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
307000 usd
CY2021 us-gaap Allowance For Doubtful Accounts Receivable Write Offs
AllowanceForDoubtfulAccountsReceivableWriteOffs
48000 usd
CY2022 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
252483000 usd
CY2021 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
203003000 usd
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0 usd
CY2022Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
1139000 usd
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
220000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
121101000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Gain Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedGainBeforeTax
6000 usd
CY2022Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
384000 usd
CY2022Q4 us-gaap Debt Securities Available For Sale Unrealized Loss Position Number Of Positions
DebtSecuritiesAvailableForSaleUnrealizedLossPositionNumberOfPositions
8 security
CY2022Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
274000 usd
CY2021Q4 us-gaap Debt Securities Available For Sale Accrued Interest After Allowance For Credit Loss Current
DebtSecuritiesAvailableForSaleAccruedInterestAfterAllowanceForCreditLossCurrent
0 usd
CY2022Q4 us-gaap Goodwill Fair Value Disclosure
GoodwillFairValueDisclosure
21418000 usd
CY2022Q4 toi Derivative Warrant Liabilities Noncurrent
DerivativeWarrantLiabilitiesNoncurrent
350000 usd
CY2022Q4 toi Derivative Earnout Liabilities Noncurrent
DerivativeEarnoutLiabilitiesNoncurrent
803000 usd
CY2022Q4 us-gaap Derivative Liabilities Noncurrent
DerivativeLiabilitiesNoncurrent
3960000 usd
CY2021Q4 toi Derivative Warrant Liabilities Noncurrent
DerivativeWarrantLiabilitiesNoncurrent
2193000 usd
CY2021Q4 toi Derivative Earnout Liabilities Noncurrent
DerivativeEarnoutLiabilitiesNoncurrent
60018000 usd
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
9944000 usd
CY2022Q4 us-gaap Finance Lease Right Of Use Asset Before Accumulated Amortization
FinanceLeaseRightOfUseAssetBeforeAccumulatedAmortization
371000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset Before Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetBeforeAccumulatedDepreciationAndAmortization
3506000 usd
CY2021Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1984000 usd
CY2022Q4 us-gaap Property Plant And Equipment And Finance Lease Right Of Use Asset After Accumulated Depreciation And Amortization
PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization
8547000 usd
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4192000 usd
CY2022 us-gaap Depreciation
Depreciation
1526000 usd
CY2021 us-gaap Depreciation
Depreciation
826000 usd
CY2022Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
5310000 usd
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
3325000 usd
CY2022Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
1139000 usd
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
262000 usd
CY2022Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
3010000 usd
CY2021Q4 us-gaap Accrued Insurance Current
AccruedInsuranceCurrent
5009000 usd
CY2022Q4 toi Business Combination Consideration Transferred Other Current
BusinessCombinationConsiderationTransferredOtherCurrent
802000 usd
CY2021Q4 toi Business Combination Consideration Transferred Other Current
BusinessCombinationConsiderationTransferredOtherCurrent
2359000 usd
CY2022Q4 us-gaap Interest Payable Current
InterestPayableCurrent
1100000 usd
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
0 usd
CY2022Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
3234000 usd
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
2969000 usd
CY2022Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
14595000 usd
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
13924000 usd
CY2022Q4 us-gaap Accrued Insurance Current And Noncurrent
AccruedInsuranceCurrentAndNoncurrent
3010000 usd
CY2022 toi Operating And Short Term Lease Cost
OperatingAndShortTermLeaseCost
6364000 usd
CY2021 toi Operating And Short Term Lease Cost
OperatingAndShortTermLeaseCost
4281000 usd
CY2020 toi Operating And Short Term Lease Cost
OperatingAndShortTermLeaseCost
3680000 usd
CY2022 us-gaap Operating Lease Cost
OperatingLeaseCost
6002000 usd
CY2022 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
62000 usd
CY2022 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
8000 usd
CY2022 us-gaap Short Term Lease Cost
ShortTermLeaseCost
362000 usd
CY2022 us-gaap Variable Lease Cost
VariableLeaseCost
967000 usd
CY2022 us-gaap Lease Cost
LeaseCost
7401000 usd
CY2022 us-gaap Operating Lease Payments
OperatingLeasePayments
5342000 usd
CY2022 toi Repayments For Finance Lease
RepaymentsForFinanceLease
73000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
30800000 usd
CY2022 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
203000 usd
CY2022 toi Right Of Use Assets Obtained During Current Year In Exchange For Operating Lease Liability
RightOfUseAssetsObtainedDuringCurrentYearInExchangeForOperatingLeaseLiability
11668000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
6637000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
84000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
6202000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
77000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5576000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
42000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
4834000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
39000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
3877000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
29000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
4600000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
31726000 usd
CY2022Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
271000 usd
CY2022Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
4168000 usd
CY2022Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
30000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
27558000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
241000 usd
CY2022Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
5498000 usd
CY2022Q4 us-gaap Finance Lease Liability Current
FinanceLeaseLiabilityCurrent
72000 usd
CY2022Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
22060000 usd
CY2022Q4 us-gaap Finance Lease Liability Noncurrent
FinanceLeaseLiabilityNoncurrent
169000 usd
CY2022Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
27558000 usd
CY2022Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
241000 usd
CY2022Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P5Y3M25D
CY2022Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P3Y9M
CY2022Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0494
CY2022Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0602
CY2022 toi Lessee Operating Lease Number Of Clinic Lease Term Extensions
LesseeOperatingLeaseNumberOfClinicLeaseTermExtensions
2 clinic
CY2022 toi Lessee Operating Lease Number Of Office Lease Term Extensions
LesseeOperatingLeaseNumberOfOfficeLeaseTermExtensions
2 corporate_office
CY2022 toi Operating Lease Modification Liability Increase Decrease
OperatingLeaseModificationLiabilityIncreaseDecrease
2186000 usd
CY2022 toi Operating Lease Modification Liability Increase Decrease Net Of Lease Incentives
OperatingLeaseModificationLiabilityIncreaseDecreaseNetOfLeaseIncentives
2052000 usd
CY2022 toi Operating Lease Modification Increase Decrease In Rent Expenses
OperatingLeaseModificationIncreaseDecreaseInRentExpenses
39000 usd
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
37000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
4263000 usd
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
37000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
3946000 usd
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
29000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
3291000 usd
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
0 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2718000 usd
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
0 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1954000 usd
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1044000 usd
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
103000 usd
CY2021Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
17216000 usd
CY2021Q4 us-gaap Capital Leases Of Lessee Contingent Rentals Basis Spread On Variable Rate
CapitalLeasesOfLesseeContingentRentalsBasisSpreadOnVariableRate
0.06
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
7000 usd
CY2021Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
96000 usd
CY2021Q4 us-gaap Capital Lease Obligations Current
CapitalLeaseObligationsCurrent
33000 usd
CY2021Q4 us-gaap Capital Lease Obligations Noncurrent
CapitalLeaseObligationsNoncurrent
63000 usd
CY2022 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
1411000 usd
CY2021 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
-122000 usd
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CY2022Q4 us-gaap Goodwill
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CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2022 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
64000 usd
CY2021 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
0 usd
CY2022 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
20656000 usd
CY2021 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 usd
CY2022 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-20568000 usd
CY2021 us-gaap Net Income Loss From Continuing Operations Available To Common Shareholders Diluted
NetIncomeLossFromContinuingOperationsAvailableToCommonShareholdersDiluted
-10927000 usd
CY2022 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-3588000 usd
CY2021 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
-299000 usd
CY2022 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-16980000 usd
CY2021 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-10628000 usd
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72793497 shares
CY2021 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
66230606 shares
CY2022 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
5100809 shares
CY2021 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
80605600 shares
CY2021 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
66230606 shares
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.21
CY2021 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.16
CY2022 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2022 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2022 us-gaap Operating Income Loss
OperatingIncomeLoss
-81951000 usd
CY2021 us-gaap Operating Income Loss
OperatingIncomeLoss
-45858000 usd
CY2022Q4 us-gaap Assets
Assets
261665000 usd
CY2021Q4 us-gaap Assets
Assets
203439000 usd
CY2022 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
9150000 usd
CY2021 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
744000 usd

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