Company: PIII
Filing Date: 2025-03-28
Form Type: 10-K
Source: 0001628280-25-015305
Chunk: 43

Company: P3 Health Partners Inc.
Filing Date: 2025-03-28
Form: 10-K
Item: Item 7
Chunk 43
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, insurance, and other receivable(990)4,560 Prepaid expenses and other current assets(10,834)(1,243)Other long-term assets(43)(58)Accounts payable, accrued expenses, and other current liabilities(8,101)15,988 Accrued payroll(784)282 Health plan settlements payable20,573 21,384 Claims payable77,080 26,802 Accrued interest7,895 9,587 Other long-term liabilities5,897 — Operating lease liability53 (450)Net cash used in operating activities(110,128)(76,028)CASH FLOWS FROM INVESTING ACTIVITIES:Purchases of property and equipment— (1,827)Proceeds from asset sale14,525 — Net cash provided by (used in) investing activities14,525 (1,827)CASH FLOWS FROM FINANCING ACTIVITIES:Proceeds from long-term debt, net of original issue discount88,057 14,101 Payment of debt issuance costs(103)(173)Proceeds from liability-classified warrants and private placement offering, net of offering costs paid40,496 86,595 Proceeds from at-the-market sales, net of offering costs paid33 — Deferred offering costs paid(507)(175)Payment of tax withholdings upon settlement of restricted stock unit awards(103)(16)Repayment of short-term and long-term debt(30,973)— Proceeds from short-term debt1,871 — Net cash provided by financing activities98,771 100,332 Net change in cash and restricted cash3,168 22,477 Cash and restricted cash, beginning of year40,934 18,457 Cash and restricted cash, end of year$44,102 $40,934 

P3 Health Partners Inc. | 2024 Form 10-K | 82

P3 HEALTH PARTNERS INC. and SUBSIDIARIES 

CONSOLIDATED STATEMENTS OF CASH FLOWS (CONTINUED)

(in thousands)

Year Ended December 31,20242023Supplemental disclosures of cash flow information:Cash paid for interest$14,191 $5,813 Cash paid for income taxes$5,477 $567 Supplemental disclosures of non-cash investing and financing information:Operating lease liabilities arising from obtaining new right-of-use assets