LifeStance Health Group, Inc. (LFST) Financial Statements (2023 and earlier)
Company Profile
| Business Address |
4800 N. SCOTTSDALE ROAD SCOTTSDALE, AZ 85251 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 80 - Health Services (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in millions)
| 12/31/2022 | 12/31/2021 | |||
|---|---|---|---|---|
| ASSETS | ||||
| Current Assets | ||||
| Cash, cash equivalents, and short-term investments | 109 | 148 | ||
| Cash and cash equivalents | 109 | 148 | ||
| Receivables | 101 | 76 | ||
| Prepaid expense | 8 | |||
| Other current assets | 11 | 4 | ||
| Other undisclosed current assets | 13 | 30 | ||
| Total current assets: | 233 | 267 | ||
| Noncurrent Assets | ||||
| Operating lease, right-of-use asset | 199 | |||
| Property, plant and equipment | 194 | 152 | ||
| Intangible assets, net (including goodwill) | 1,536 | 1,505 | ||
| Goodwill | 1,273 | 1,205 | ||
| Intangible assets, net (excluding goodwill) | 263 | 300 | ||
| Deposits noncurrent assets | 3 | |||
| Other noncurrent assets | 11 | |||
| Total noncurrent assets: | 1,941 | 1,661 | ||
| TOTAL ASSETS: | 2,174 | 1,927 | ||
| LIABILITIES AND EQUITY | ||||
| Liabilities | ||||
| Current Liabilities | ||||
| Accounts payable and accrued liabilities | 43 | 74 | ||
| Employee-related liabilities | ✕ | 60 | ||
| Accounts payable | 12 | 14 | ||
| Accrued liabilities | 30 | |||
| Debt | 2 | |||
| Business combination, contingent consideration, liability | 16 | 14 | ||
| Other liabilities | 3 | 2 | ||
| Other undisclosed current liabilities | 112 | 27 | ||
| Total current liabilities: | 176 | 117 | ||
| Noncurrent Liabilities | ||||
| Long-term debt and lease obligation | 225 | 157 | ||
| Long-term debt, excluding current maturities | 225 | 157 | ||
| Liabilities, other than long-term debt | 254 | 108 | ||
| Deferred income tax liabilities | 39 | 54 | ||
| Other liabilities | 3 | 50 | ||
| Operating lease, liability | 213 | |||
| Business combination, contingent consideration, liability | 3 | |||
| Total noncurrent liabilities: | 479 | 265 | ||
| Total liabilities: | 655 | 382 | ||
| Equity | ||||
| Equity, attributable to parent | 1,519 | 1,545 | ||
| Common stock | 4 | 4 | ||
| Additional paid in capital | 2,084 | 1,898 | ||
| Accumulated other comprehensive income | 3 | |||
| Accumulated deficit | (573) | (357) | ||
| Total equity: | 1,519 | 1,545 | ||
| TOTAL LIABILITIES AND EQUITY: | 2,174 | 1,927 | ||
Income Statement (P&L) ($ in millions)
| 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|
| Revenues | 860 | 668 | |
| Gross profit: | 860 | 668 | |
| Operating expenses | (1,070) | (954) | |
| Operating loss: | (210) | (286) | |
| Nonoperating expense | (23) | (47) | |
| Interest and debt expense | (3) | (14) | |
| Loss from continuing operations before equity method investments, income taxes: | (236) | (348) | |
| Other undisclosed income from continuing operations before income taxes | 3 | 14 | |
| Loss from continuing operations before income taxes: | (233) | (333) | |
| Income tax benefit | 17 | 26 | |
| Loss from continuing operations: | (216) | (307) | |
| Loss before gain (loss) on sale of properties: | ✕ | (307) | |
| Net loss attributable to parent: | (216) | (307) | |
| Other undisclosed net loss available to common stockholders, basic | (37) | ||
| Net loss available to common stockholders, diluted: | (216) | (344) | |
Comprehensive Income ($ in millions)
| 12/31/2022 | 12/31/2021 | ||
|---|---|---|---|
| Net loss: | (216) | (307) | |
| Other comprehensive income | 3 | ||
| Comprehensive loss, net of tax, attributable to parent: | (212) | (307) | |
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.