| Cash Flow | 2025-06-30 |
|---|---|
| Equity-based compensation | 15,142 |
| Net income (loss) | 22,302 |
| Contingent consideration paid in excess of original estimates | 760 |
| Other non-cash adjustments to net income | -36 |
| Non-cash lease expense | 1,933 |
| Prepaid expenses and other current assets | 922 |
| Other assets | 1,023 |
| Other long-term liabilities | -102 |
| Deferred revenue | -7,597 |
| Accrued expenses and other current liabilities | -37,450 |
| Accounts receivable | -1,955 |
| Accounts payable | -677 |
| Loss on sale of exchangeable senior note hedges | 0 |
| Gain (loss) on disposition of business-Merchant Services Business | -661 |
| Gain (loss) on disposition of business-Healthcare RCMBusiness | 25,960 |
| Gain on repurchase of exchangeable notes | 0 |
| Provision for deferred income taxes | 3,644 |
| Changes in non-cash contingent consideration expense from original estimate | 1,743 |
| Amortization of debt issuance costs | 746 |
| Operating lease liabilities | -2,561 |
| Acquisition escrow obligations | -2,174 |
| Gain on repurchases of warrants | 0 |
| Depreciation and amortization | 22,788 |
| Net cash (used in) provided by operating activities | -8,276 |
| Proceeds from sale of property and equipment | 1,501 |
| Proceeds from sale of healthcare rcm business, net of cash sold | 96,102 |
| Expenditures for property and equipment | 1,516 |
| Purchases of merchant portfolios and residual buyouts | 12 |
| Acquisitions of businesses, net of cash and restricted cash acquired | 11,000 |
| Expenditures for capitalized software | 6,301 |
| Proceeds from other investing activities | 0 |
| Payments for other investing activities | 0 |
| Net cash provided by (used in) investing activities | 78,774 |
| Payments on revolving credit facility | 58,024 |
| Payments for repurchase of exchangeable notes | 0 |
| Proceeds from stock option exercises | 150 |
| Proceeds from revolving credit facility | 58,024 |
| Proceeds from sale of exchangeable senior note hedges | 0 |
| Payments for employees' tax withholdings from net settled stock option exercises and rsu releases | 4,140 |
| Payments for required distributions to members under the tax receivable agreement | 9,954 |
| Payments of debt issuance costs | 249 |
| Payments for repurchases of warrants | 0 |
| Payments for repurchases of class a common stock | 37,604 |
| Cash paid for contingent consideration | 800 |
| Payments to extinguish exchangeable notes | 26,223 |
| Payments for required distributions to members or on behalf of members for tax obligations | 24,849 |
| Net payments for settlement obligations | 614 |
| Net cash used in financing activities | -104,283 |
| Net (decrease) increase in cash, cash equivalents and restricted cash | -33,785 |
i3 Verticals, Inc. (IIIV)
i3 Verticals, Inc. (IIIV)