| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 56,978 | 50,564 | ||
| Restricted cash | 12,984 | 14,205 | ||
| Accounts receivable, net of allowances of 5,637 and 3,045, respectively | 92,437 | 86,029 | ||
| Prepaid expenses and other current assets | 35,042 | 25,870 | ||
| Current portion of notes receivable, net of allowance of 0 and 0, respectively | 1,742 | 3,283 | ||
| Settlement assets | 1,187,417 | 1,125,934 | ||
| Total current assets | 1,386,600 | 1,305,885 | ||
| Notes receivable, less current portion | 11,875 | 6,704 | ||
| Property, equipment and software, net | 59,306 | 57,529 | ||
| Goodwill | 382,388 | 382,497 | ||
| Intangible assets, net | 302,435 | 225,035 | ||
| Deferred income taxes, net | 50,428 | 27,015 | ||
| Other noncurrent assets | 24,100 | 22,755 | ||
| Total assets | 2,217,132 | 2,027,420 | ||
| Accounts payable and accrued expenses | 65,731 | 53,692 | ||
| Accrued residual commissions | 38,678 | 40,526 | ||
| Customer deposits and advance payments | 2,150 | 3,433 | ||
| Current portion of long-term debt | 10,000 | 4,254 | ||
| Settlement obligations | 1,188,071 | 1,127,266 | ||
| Total current liabilities | 1,304,630 | 1,229,171 | ||
| Long-term debt, net of current portion, discounts and debt issuance costs | 997,549 | 917,017 | ||
| Other noncurrent liabilities | 23,467 | 25,366 | ||
| Total liabilities | 2,325,646 | 2,171,554 | ||
| Common stock, 0.001 par value 1,000,000,000 shares authorized 86,531,692 and 81,866,711 shares issued at september30, 2025 and december31, 2024, respectively and 81,821,303 and 77,479,908 shares outstanding at september30, 2025 and december31, 2024, respectively | 82 | 80 | ||
| Treasury stock at cost, 4,710,389 and 4,386,803 shares at september 30, 2025 and december31, 2024, respectively | 22,613 | 21,921 | ||
| Additional paid-in capital | 12,827 | 3,629 | ||
| Accumulated other comprehensive loss | -195 | 84 | ||
| Accumulated deficit | -100,399 | -127,987 | ||
| Total stockholders' deficit attributable to stockholders of priority | -110,298 | -146,115 | ||
| Non-controlling interests in consolidated subsidiaries | 1,784 | 1,981 | ||
| Total stockholders' deficit | -108,514 | -144,134 | ||
| Total liabilities, stockholders' deficit and nci | 2,217,132 | 2,027,420 | ||
Priority Technology Holdings, Inc. (PRTH)
Priority Technology Holdings, Inc. (PRTH)