| Cash Flow | 2025-09-30 |
|---|---|
| Net income (loss) | 26,503 |
| Depreciation and amortization | 29,840 |
| Equity-based compensation | 18,344 |
| Amortization of debt discount and issuance costs | 961 |
| Gain on repurchase of exchangeable notes | 0 |
| Loss on sale of exchangeable senior note hedges | 0 |
| Gain on repurchases of warrants | 0 |
| Net gain on sale of investments | 0 |
| Gain on sale of businesses | 25,960 |
| Write down of intangible asset | 0 |
| Provision for (benefit from) deferred income taxes | 4,974 |
| Non-cash lease expense | 2,515 |
| Other non-cash adjustments to net income (loss) | -437 |
| Increase (decrease) in non-cash contingent consideration expense from original estimate | 1,536 |
| Accounts receivable | 7,411 |
| Prepaid expenses and other current assets | 2,182 |
| Other assets | 2,017 |
| Accounts payable | 1,005 |
| Accrued expenses and other current liabilities | -32,080 |
| Acquisition escrow obligations | -2,174 |
| Deferred revenue | -1,769 |
| Operating lease liabilities | -3,160 |
| Other long-term liabilities | -2,908 |
| Contingent consideration paid in excess of original estimates | 760 |
| Net cash provided by operating activities | 5,694 |
| Expenditures for property and equipment | 1,941 |
| Proceeds from sale of property and equipment | 1,501 |
| Expenditures for capitalized software | 8,194 |
| Purchases of merchant portfolios and residual buyouts | 12 |
| Acquisitions of businesses, net of cash acquired | 11,000 |
| Proceeds from sale of merchant services business, net of cash sold-Merchant Services Business | 0 |
| Proceeds from sale of merchant services business, net of cash sold-Healthcare RCMBusiness | 96,102 |
| Payments for other investing activities | 0 |
| Proceeds from investments | 0 |
| Net cash provided by (used in) investing activities | 76,456 |
| Proceeds from revolving credit facility | 58,374 |
| Payments on revolving credit facility | 58,374 |
| Payments to extinguish exchangeable notes | 26,223 |
| Payments for repurchase of exchangeable notes | 0 |
| Proceeds from sale of exchangeable senior note hedges | 0 |
| Payments for repurchases of warrants | 0 |
| Payments of debt issuance costs | 256 |
| Payments for repurchases of class a common stock | 37,604 |
| Net payments for settlement obligations | 221 |
| Cash paid for contingent consideration | 817 |
| Payments for required distributions to members or on behalf of members for tax obligations | 25,267 |
| Payments for required distributions to members under the tax receivable agreement | 10,032 |
| Proceeds from stock option exercises | 300 |
| Payments for employee's tax withholdings from net settled stock option exercises and rsu releases | 4,294 |
| Net cash (used in) provided by financing activities | -104,414 |
| Net (decrease) increase in cash, cash equivalents, and restricted cash | -22,264 |
| Cash and cash equivalents at beginning of period | 89,597 |
| Cash and cash equivalents at end of period | 67,333 |
i3 Verticals, Inc. (IIIV)
i3 Verticals, Inc. (IIIV)