CLOVER HEALTH INVESTMENTS, CORP.CLOV

Market cap
$1.5B
P/E ratio
Dec 31,
2020
Dec 31,
2021
Dec 31,
2022
Net loss-6,744,840-588-339
Depreciation and amortization expense-11
Amortization of Debt Issuance Costs and Discounts-140
Stock-based compensation expense-164164
Increase Decrease In Fair Value Adjustment Of Warrants--66-1
Accretion, net of amortization-0-2
Net realized losses on investment securities---0
Gain on extinguishment of note payable--23
Gain on investment--9
Premium deficiency reserve-111-94
Accrued retrospective premiums--015
Other receivables-39
Reinsurance recoverable-0-
Surety bonds and deposits-137
Prepaid expenses299,66623
Other assets-201
Healthcare receivables-923
Non-Insurance receivable--41
Operating lease right-of-use assets-42
Unpaid claims-373
Accounts payable and accrued expenses-58
Accrued salaries and benefits-119
Deferred rent--0-
Other liabilities-12
Performance year obligation-3737
Non-Insurance payable--110
Operating lease liabilities--4-3
Net cash used in operating activities-2,227,118-282-204
Purchases of short-term investments, available-for-sale, and held-to-maturity securities-876369
Proceeds From Sale Of Short-Term Investments And Available-For-Sale Securities-12713
Proceeds from maturities of short-term investments, available-for-sale, and held-to-maturity securities--472
Acquisition of business, net of cash acquired--16
Purchases of property and equipment-14
Acquisition of Character Biosciences, Inc. Series A preferred shares--0
Net cash provided by (used in) investing activities-828,000,000-43595
Payment of notes payable principal300,00031-
Issuance of common stock, net of early exercise liability-61
Proceeds From Reverse Capitalization Net of Transaction Costs-666-
Proceeds from Warrant Exercises-0-
Proceeds from Issuance of Common Stock25,000284-
Payment for the redemptions of public warrants-0-
Treasury stock acquired-06
Net cash (used in) provided by financing activities858925-5
Net (decrease) increase in cash, cash equivalents, and restricted cash-208-114
Cash paid during the period for interest-2-
Conversion of Stock, Amount Converted-448-
Debt Conversion, Converted Instrument, Amount-16-
Extinguishment of Debt, Amount-127-
Activities from Seek Dissolution--1
Issuance of common stock related to warrants exercised-98-
Acquisition of public and private warrants-148-
Stock Issued-81-
Lease Obligation Incurred-11
Transfer to Investments--9
Derecognition of noncontrolling interest--4
Conversion of Convertible Note to Preferred Stock--0