| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Investment securities | - | 50,493 | ||
| Cash and cash equivalents | 421,056 | 290,300 | ||
| Restricted cash | 24,301 | 21,169 | ||
| Accounts receivable, net of allowance of 5,895 at september30, 2025 and 5,885 at december31, 2024 | 145,675 | 143,498 | ||
| Income tax receivable | 0 | 0 | ||
| Prepaid expenses | 20,557 | 15,942 | ||
| Other current assets | 1,993 | 3,077 | ||
| Total current assets | 613,582 | 524,479 | ||
| Property, plant and equipment, net | 48,172 | 47,387 | ||
| Operating lease right-of-use assets, net | 11,026 | 8,960 | ||
| Intangible assets, net | 954,967 | 982,818 | ||
| Goodwill | 3,019,999 | 3,019,999 | ||
| Deferred costs | 90,131 | 88,083 | ||
| Other long-term assets | 8,479 | 6,196 | ||
| Total assets | 4,746,356 | 4,677,922 | ||
| Accounts payable | 51,401 | 46,737 | ||
| Accrued compensation | 28,300 | 22,413 | ||
| Aggregated funds payable | 23,848 | 20,888 | ||
| Other accrued expenses | 26,757 | 35,314 | ||
| Deferred revenue | 9,018 | 9,540 | ||
| Current portion of long-term debt-Nonrelated Party | 11,099 | 11,102 | ||
| Current portion of long-term debt-Related Party | 569 | 566 | ||
| Current portion of operating lease liabilities | 5,687 | 5,330 | ||
| Current portion of finance lease liabilities | 973 | 950 | ||
| Total current liabilities | 157,652 | 152,840 | ||
| Deferred tax liability | 123,034 | 107,557 | ||
| Long-term debt, net, less current portion-Nonrelated Party | 1,158,411 | 1,160,234 | ||
| Long-term debt, net, less current portion-Related Party | 55,783 | 55,628 | ||
| Operating lease liabilities, net of current portion | 11,855 | 10,575 | ||
| Finance lease liabilities, net of current portion | 10,549 | 10,801 | ||
| Deferred revenue - long-term | 5,385 | 5,545 | ||
| Other long-term liabilities | 1,091 | 1,602 | ||
| Total liabilities | 1,523,760 | 1,504,782 | ||
| Common stock 0.01 par value - 2,500,000,000 and 2,500,000,000 shares authorized at september30, 2025 and december31, 2024, respectively 174,667,840 and 172,108,240 shares issued and outstanding at september30, 2025 and december31, 2024, respectively | 1,747 | 1,741 | ||
| Additional paid-in capital | 3,350,190 | 3,331,277 | ||
| Accumulated other comprehensive income (loss) | -542 | -431 | ||
| Accumulated deficit | -128,799 | -159,447 | ||
| Total stockholders equity | 3,222,596 | 3,173,140 | ||
| Total liabilities and stockholders equity | 4,746,356 | 4,677,922 | ||
Waystar Holding Corp. (WAY)
Waystar Holding Corp. (WAY)