Claritev Corp
For the period ended Sep 30, 2025. Filed Nov 7, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 7, 2025
CTEV$28.67+19.5%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (unaudited)
(in thousands, except share and per share data)
| September 30,2025 | December 31,2024 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $39,152 | $16,848 |
| Restricted cash | 11,493 | 12,824 |
| Trade accounts receivable, net | 126,992 | 89,758 |
| Prepaid expenses | 21,768 | 20,493 |
| Prepaid taxes | 33,019 | 6,747 |
| Unbilled Independent Dispute Resolution fees, net | 15,362 | 21,850 |
| Other current assets, net | 9,672 | 6,995 |
| Total current assets | 257,458 | 175,515 |
| Property and equipment, net | 316,964 | 292,649 |
| Operating lease right-of-use assets | 13,326 | 16,097 |
| Goodwill | 2,403,140 | 2,403,140 |
| Other intangibles, net | 1,968,411 | 2,226,323 |
| Other assets, net | 31,002 | 37,103 |
| Total assets | $4,990,301 | $5,150,827 |
| Liabilities and Shareholders’ (Deficit)/Equity | ||
| Current liabilities: | ||
| Accounts payable | $38,926 | $86,327 |
| Accrued interest | 54,255 | 55,532 |
| Operating lease obligation, short-term | 4,826 | 4,385 |
| Current portion of long-term debt | 14,690 | 13,250 |
| Accrued compensation | 53,199 | 33,690 |
| Other accrued expenses | 47,421 | 20,606 |
| Total current liabilities | 213,317 | 213,790 |
| Long-term debt | 4,546,671 | 4,509,725 |
| 2025 Revolving Credit Facility | 70,000 | — |
| Operating lease obligation, long-term | 16,239 | 13,857 |
| Deferred income taxes | 245,909 | 325,834 |
| Other liabilities | — | 3,599 |
| Total liabilities | 5,092,136 | 5,066,805 |
| Commitments and contingencies (Note 7) | ||
| Shareholders’ (deficit)/equity: | ||
| Shareholder interests | ||
| Preferred stock, $0.0001 par value — 10,000,000 shares authorized; no shares issued | — | — |
| Common stock, $0.0001 par value — 1,500,000,000 shares authorized; 17,252,355 and 16,930,827 issued; 16,509,496 and 16,187,968 shares outstanding as of September 30, 2025 and December 31, 2024, respectively | 2 | 2 |
| Additional paid-in capital | 2,390,886 | 2,372,954 |
| Accumulated other comprehensive loss | (5,140) | (5,063) |
| Accumulated deficit | (2,348,850) | (2,145,138) |
| Treasury stock - 742,859 shares as of September 30, 2025 and December 31, 2024 | (138,733) | (138,733) |
| Total shareholders’ (deficit)/equity | (101,835) | 84,022 |
| Total liabilities and shareholders’ (deficit)/equity | $4,990,301 | $5,150,827 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.