Oscar Health, Inc.OSCR

Market cap
$4.6B
P/E ratio
Dec 31,
2021
Dec 31,
2022
Dec 31,
2023
Net income (loss)-571-610-271
Deferred taxes-0-00
Net realized loss (gain) on sale of financial instruments0-1-0
Fair Value Adjustment of Warrants13--
Depreciation and amortization expense151531
Amortization of debt issuance costs011
Stock-based compensation expense86112160
Net amortization (accretion) of investments-8-229
Debt extinguishment loss-20--
Provision for credit losses--29
Premiums and accounts receivable677813
Risk adjustment transfer receivable1092
Reinsurance recoverable-147461-652
Other assets90-11
Benefits payable20242428
Unearned premiums34-13
Premium deficiency reserve-55-252
Accounts payable and other liabilities9958-29
Reinsurance payable-138222-367
Risk adjustment transfer payable78723-461
Net cash (used in) provided by operating activities-182380-272
Purchase of investments1,8101,193837
Sale of investments62436132
Maturity of investments4316331,410
Purchase of property, equipment and capitalized software262926
Change in restricted deposits-7-12
Net cash (used in) provided by investing activities-775-227577
Proceeds from long-term debt-305-
Payments of debt issuance costs-7-
Proceeds from joint venture contribution-22
Debt extinguishment costs13--
Proceeds from Issuance Initial Public Offering1,348--
Offering costs from IPO9--
Proceeds from Warrant Exercises9--
Proceeds from Warrant Exercises9--
Proceeds from Noncontrolling Interests7--
Proceeds from Noncontrolling Interests7--
Proceeds from Stock Options Exercised5014
Proceeds from Stock Options Exercised5014
Net cash provided by financing activities1,2393016
Net cash provided by financing activities1,2393016
Increase in cash, cash equivalents and restricted cash equivalents282455311
Interest payments41023
Income tax payments122
Conversion of Stock, Amount Issued1,745--
Net Exercise of Preferred Stock Warrants to Common Stock28--
Fair Value Adjustment, Preferred Stock Warrant Liability13--