eHealth, Inc. Files Q3 2024 10-Q Report
Ticker: EHTH · Form: 10-Q · Filed: Nov 6, 2024 · CIK: 1333493
| Field | Detail |
|---|---|
| Company | Ehealth, Inc. (EHTH) |
| Form Type | 10-Q |
| Filed Date | Nov 6, 2024 |
| Risk Level | medium |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $0.001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-Q, quarterly-report, financials
TL;DR
eHealth's Q3 2024 10-Q is in. Check financials for the latest performance.
AI Summary
eHealth, Inc. filed its 10-Q for the period ending September 30, 2024. The filing covers the third quarter of 2024 and provides financial details for the company's operations. Specific financial figures and operational highlights for this period are detailed within the report.
Why It Matters
This report provides investors and analysts with a detailed look at eHealth's financial performance and operational status during the third quarter of 2024, influencing investment decisions.
Risk Assessment
Risk Level: medium — As a publicly traded company filing a quarterly report, there are inherent risks associated with financial performance and market perception.
Key Numbers
- 2024 Q3 — Reporting Period (Indicates the specific quarter the financial data pertains to.)
- 2024-09-30 — End of Fiscal Period (Marks the conclusion of the financial reporting period.)
- 2024-11-06 — Filing Date (The date the report was officially submitted to the SEC.)
Key Players & Entities
- eHealth, Inc. (company) — Filer of the 10-Q report
- 0001333493-24-000173.txt (document) — Accession number for the filing
- 20240930 (date) — End of the reporting period
- 20241106 (date) — Filing date
FAQ
What is the reporting period for this 10-Q filing?
The reporting period for this 10-Q filing is the quarter ended September 30, 2024.
When was this 10-Q filing submitted to the SEC?
This 10-Q filing was submitted to the SEC on November 6, 2024.
What is the company's Central Index Key (CIK)?
The company's Central Index Key (CIK) is 0001333493.
What is the Standard Industrial Classification (SIC) code for eHealth, Inc.?
The SIC code for eHealth, Inc. is 6411, which corresponds to INSURANCE AGENTS BROKERS & SERVICES.
What is the fiscal year end for eHealth, Inc.?
The fiscal year end for eHealth, Inc. is December 31.
Filing Stats: 4,651 words · 19 min read · ~16 pages · Grade level 20 · Accepted 2024-11-06 16:25:31
Key Financial Figures
- $0.001 — ich registered Common Stock, par value $0.001 per share EHTH The Nasdaq Stock Market
Filing Documents
- ehth-20240930.htm (10-Q) — 2094KB
- ex101executiveofficersever.htm (EX-10.1) — 94KB
- a2024q3ex311.htm (EX-31.1) — 10KB
- a2024q3ex312.htm (EX-31.2) — 10KB
- a2024q3ex321.htm (EX-32.1) — 6KB
- a2024q3ex322.htm (EX-32.2) — 6KB
- 0001333493-24-000173.txt ( ) — 8957KB
- ehth-20240930.xsd (EX-101.SCH) — 59KB
- ehth-20240930_cal.xml (EX-101.CAL) — 93KB
- ehth-20240930_def.xml (EX-101.DEF) — 226KB
- ehth-20240930_lab.xml (EX-101.LAB) — 671KB
- ehth-20240930_pre.xml (EX-101.PRE) — 454KB
- ehth-20240930_htm.xml (XML) — 1368KB
FINANCIAL INFORMATION PAGE
PART I FINANCIAL INFORMATION PAGE
Financial Statements (Unaudited)
Item 1. Financial Statements (Unaudited) 2 Condensed Consolidated Balance Sheets 2 Condensed Consolidated Statements of Comprehensive Loss 3 Condensed Consolidated Statements of Stockholders' Equity 4 Condensed Consolidated Statements of Cash Flows 6 Notes to Condensed Consolidated Financial Statements 7
Management's Discussion and Analysis of Financial Condition and Results of Operations
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations 27
Quantitative and Qualitative Disclosures About Market Risk
Item 3. Quantitative and Qualitative Disclosures About Market Risk 48
Controls and Procedures
Item 4. Controls and Procedures 49 PART II OTHER INFORMATION
Legal Proceedings
Item 1. Legal Proceedings 51
Risk Factors
Item 1A. Risk Factors 51
Other Information
Item 5. Other Information 79
Exhibits
Item 6. Exhibits 79
Signatures
Signatures 80 1 Table of Contents
FINANCIAL INFORMATION
PART I. FINANCIAL INFORMATION
FINANCIAL STATEMENTS
ITEM 1. FINANCIAL STATEMENTS EHEALTH, INC. CONDENSED CONSOLIDATED BALANCE SHEETS (in thousands, unaudited) September 30, 2024 December 31, 2023 Assets Current assets: Cash and cash equivalents $ 64,032 $ 115,722 Short-term marketable securities 53,750 5,930 Accounts receivable 5,864 3,993 Contract assets – commissions receivable – current 197,591 244,663 Prepaid expenses and other current assets 19,630 12,044 Total current assets 340,867 382,352 Contract assets – commissions receivable – non-current 616,445 673,514 Property and equipment, net 4,770 4,864 Operating lease right-of-use assets 12,442 22,767 Restricted cash 3,090 3,090 Other assets 24,377 26,758 Total assets $ 1,001,991 $ 1,113,345 Liabilities, convertible preferred stock and stockholders' equity Current liabilities: Accounts payable $ 5,407 $ 7,197 Accrued compensation and benefits 26,207 40,800 Accrued marketing expenses 9,208 20,340 Lease liabilities – current 7,429 7,070 Other current liabilities 5,597 3,131 Total current liabilities 53,848 78,538 Long-term debt 69,155 67,754 Deferred income taxes – non-current 25,347 29,687 Lease liabilities – non-current 22,349 28,333 Other non-current liabilities 4,821 4,949 Total liabilities 175,520 209,261 Commitments and contingencies (Note 8) Convertible preferred stock 327,125 298,053 Stockholders' equity: Common stock 43 41 Additional paid-in capital 812,538 798,786 Treasury stock, at cost ( 199,998 ) ( 199,998 ) Retained earnings (accumulated deficit) ( 113,363 ) 7,284 Accumulated other comprehensive income (loss) 126 ( 82 ) Total stockholders' equity 499,346 606,031 Total liabilities, convertible preferred stock and stockholders' equity $ 1,001,991 $ 1,113,345 The accompanying notes are an integral part of these condensed consolidated financial statements. 2 Table of Contents EHEALTH, INC. CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS (in thousands, except per share amounts, unaudited) Th