| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net loss | -427,197 | -354,066 |
| Depreciation | 21,970 | 14,761 |
| Amortization | 48,258 | 32,172 |
| Stock-based compensation | 1,469 | 814 |
| Deferred income taxes | -85 | -85 |
| Impairment of goodwill | 263,394 | 263,394 |
| Loss on debt extinguishment | 0 | - |
| Paid-in-kind interest | 15,058 | 15,084 |
| Amortization of deferred financing costs and debt discount | 13,988 | 10,906 |
| Equity in net loss of investee | -2,210 | -1,556 |
| Reduction of right-of-use assets | 7,755 | 5,637 |
| Non-cash reorganization items, net | 42,421 | - |
| Accounts receivable and other receivables | 52,346 | 37,184 |
| Contract receivables | 4,659 | -2,174 |
| Prepaid expenses and other current assets | 20,785 | 13,414 |
| Short-term deposits | 37,547 | 30,847 |
| Long-term contract receivables | - | 0 |
| Accrued contract payables | 4,961 | -1,111 |
| Accounts payable and accrued expenses | 13,906 | 8,349 |
| Accrued transportation costs | -39,918 | -16,622 |
| Other changes in operating assets and liabilities | 7,643 | 5,824 |
| Net cash used in operating activities | -154,790 | -104,306 |
| Purchase of property and equipment | 16,892 | 10,710 |
| Net cash used in investing activities | -16,892 | -10,710 |
| Issuance of debtor-in-possession facility | 62,500 | - |
| Net proceeds from revolving credit facility | 0 | 0 |
| Issuance of short-term debt | 75,000 | 75,000 |
| Issuance of long-term debt | 30,000 | 30,000 |
| Repayment of debt | 2,625 | 2,625 |
| Payment of debt issuance costs | 10,787 | 10,787 |
| Payment of debt issuance costs for debtor-in-possession facility | 3,894 | - |
| Other financing activities | 85 | 89 |
| Net cash provided by financing activities | 150,279 | 91,677 |
| Net change in cash, cash equivalents and restricted cash | -21,403 | -23,339 |
| Cash and cash equivalents at beginning of period | 113,116 | 113,116 |
| Cash and cash equivalents at end of period | 91,713 | 89,777 |
ModivCare Inc (MODVQ)
ModivCare Inc (MODVQ)