| Cash Flow | 2025-09-30 | 2025-06-30 |
|---|---|---|
| Net income (loss) | -292,828 | -273,115 |
| Depreciation and amortization | 37,689 | 23,966 |
| Amortization of leases | -1,165 | -720 |
| Amortization of deferred financing costs | 735 | 485 |
| Equity-based compensation | 33,886 | 22,403 |
| Change in fair value of intermediate warrants | -5,713 | -4,849 |
| Loss on asset disposals | -380 | -196 |
| Change in fair value of derivative asset | -841 | -573 |
| Deferred income tax expense | 76,786 | 76,707 |
| Non-cash interest expense (income) - net | 499 | 334 |
| Foreign currency loss (gain) - net | 2,363 | 3,574 |
| Loss on extinguishment of debt | -801 | -801 |
| Adjustment of liabilities under tra | -149,787 | -149,172 |
| Impairment charges | 320,449 | 320,449 |
| Write-off of 2024 sponsorship loan | -2,024 | -2,024 |
| Accounts receivable - net | -10,027 | 906 |
| Inventory - net | 3,967 | 13,018 |
| Prepaid expenses and other current assets | -6,254 | -3,613 |
| Accounts payable | -34,242 | -29,394 |
| Accrued expenses and other current liabilities | -39,611 | -28,104 |
| Deferred revenue | -5,681 | -3,826 |
| Long-term lease liabilities | -1,731 | -1,085 |
| Other assets and liabilities - net | 9,009 | -864 |
| Net cash provided by (used in) operating activities | -53,396 | -53,908 |
| Disbursement of 2024 sponsorship loan | 0 | - |
| Purchases of property and equipment | 2,053 | 2,043 |
| Purchases of personal seat licenses | 990 | 960 |
| Investments in developed technology | 12,533 | 8,341 |
| Purchases of seat images | 686 | 321 |
| Net cash used in investing activities | -16,262 | -11,665 |
| Payments of loan-Two Thousand Twenty Two First Lien Loan | 0 | 0 |
| Payments of shoko chukin bank loan | 0 | 0 |
| Proceeds from (repayments of) lines of credit-Two Thousand Twenty Four First Lien Loan | 0 | 0 |
| Repurchases of class a common stock | 18,292 | 15,862 |
| Payments for taxes related to net settlement of equity incentive awards | 1,848 | 1,742 |
| Repurchase and retirement of fractional shares resulting from reverse stock split value | -5 | - |
| Tax distributions to redeemable noncontrolling interests | 1,689 | 1,689 |
| Payments of liabilities under tra | -4,005 | -4,005 |
| Payments of deferred financing costs and other debt-related expenses | 162 | 162 |
| Payments of loan-Two Thousand Twenty Four First Lien Loan | 76,986 | 76,986 |
| Proceeds from first lien loan-Two Thousand Twenty Five First Lien Loan | 76,986 | 76,986 |
| Payments of loan-Two Thousand Twenty Five First Lien Loan | 1,964 | 983 |
| Payments of acquired domain name obligation | 1,500 | 1,000 |
| Net cash provided by (used in) financing activities | -29,465 | -25,443 |
| Effect of exchange rate changes on cash, cash equivalents, and restricted cash | 188 | 354 |
| Net increase (decrease) in cash, cash equivalents, and restricted cash | -98,935 | -90,662 |
| Cash and cash equivalents at beginning of period | 244,648 | - |
| Cash and cash equivalents at end of period | 145,713 | - |
Vivid Seats Inc. (SEAT)
Vivid Seats Inc. (SEAT)