Company: AMWL
Filing Date: 2025-02-12
Form Type: 10-K
Source: 0000950170-25-019024
Chunk: 185

Company: American Well Corp
Filing Date: 2025-02-12
Form: 10-K
Item: Item 1B
Chunk 185
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 Total current assets

    316,993

    449,582

    Restricted cash

    795

    795

    Property and equipment, net

    376

    572

    Intangibles assets, net

    101,538

    120,248

    Operating lease right-of-use asset

    7,203

    10,453

    Deferred contract acquisition costs, net of current portion

    5,350

    4,792

    Other assets

    2,213

    2,083

    Investment in minority owned joint venture (Note 2)

    1,500

    1,180

    Total assets
     
    $
    435,968

    $
    589,705

    Liabilities and Stockholders’ Equity

    Current liabilities:

    Accounts payable
     
    $
    5,015

    $
    4,864

    Accrued expenses and other current liabilities

    49,326

    38,988

    Operating lease liability, current

    3,690

    3,580

    Deferred revenue ($198 and $1,286 from related parties, respectively)

    53,232

    46,365

    Total current liabilities

    111,263

    93,797

    Other long-term liabilities

    1,170

    1,425

    Operating lease liability, net of current portion

    4,511

    8,206

    Deferred revenue, net of current portion ($10 and $0 from related   parties, respectively)

    2,780

    6,091

    Total liabilities

    119,724

    109,519

    Commitments and contingencies (Note 14)

    Stockholders’ equity:

    Preferred stock, $0.01 par value; 100,000,000 shares authorized, no shares   issued or outstanding as of December 31, 2024 and as of December 31, 2023

    —

    —

    Common stock, $0.01 par value; 1,000,000,000 Class A shares authorized, 13,922,877   and 12,776,608 shares issued and outstanding, respectively; 100,000,000 Class B