VERRA MOBILITY Corp
For the period ended Dec 31, 2024. Filed Feb 27, 2025.
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FY2024 · Filed Feb 27, 2025
VRRM$2.13-2.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
| December 31, | ||
|---|---|---|
| (In thousands, except per share data) | 2024 | 2023 |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $77,560 | $136,309 |
| Restricted cash | 3,594 | 3,413 |
| Accounts receivable (net of allowance for credit losses of $17.0 million and $18.5 million at December 31, 2024 and 2023, respectively) | 206,503 | 197,824 |
| Unbilled receivables | 48,193 | 37,065 |
| Inventory | 15,502 | 17,966 |
| Prepaid expenses and other current assets | 42,647 | 46,961 |
| Total current assets | 393,999 | 439,538 |
| Installation and service parts, net | 36,631 | 22,895 |
| Property and equipment, net | 141,601 | 123,248 |
| Operating lease assets | 29,895 | 33,523 |
| Intangible assets, net | 232,297 | 301,025 |
| Goodwill | 735,615 | 835,835 |
| Other non-current assets | 44,451 | 33,919 |
| Total assets | $1,614,489 | $1,789,983 |
| Liabilities and Stockholders' Equity | ||
| Current liabilities: | ||
| Accounts payable | $91,224 | $78,749 |
| Deferred revenue | 29,374 | 28,788 |
| Accrued liabilities | 73,980 | 93,119 |
| Tax receivable agreement liability, current portion | 5,163 | 5,098 |
| Current portion of long-term debt | — | 9,019 |
| Total current liabilities | 199,741 | 214,773 |
| Long-term debt, net of current portion | 1,034,211 | 1,029,113 |
| Operating lease liabilities, net of current portion | 25,757 | 29,124 |
| Tax receivable agreement liability, net of current portion | 42,977 | 48,369 |
| Asset retirement obligations | 15,493 | 14,580 |
| Deferred tax liabilities, net | 14,699 | 18,360 |
| Other long-term liabilities | 16,486 | 14,197 |
| Total liabilities | 1,349,364 | 1,368,516 |
| Commitments and contingencies (Note 16) | ||
| Stockholders' equity | ||
| Preferred stock, $0.0001 par value, 1,000 shares authorized with no shares issued and outstanding at December 31, 2024 and 2023 | — | — |
| Common stock, $0.0001 par value, 260,000 shares authorized with 159,594 and 166,555 shares issued and outstanding at December 31, 2024 and 2023, respectively | 16 | 17 |
| Additional paid-in capital | 551,955 | 557,513 |
| Accumulated deficit | (269,287) | (125,887) |
| Accumulated other comprehensive loss | (17,559) | (10,176) |
| Total stockholders' equity | 265,125 | 421,467 |
| Total liabilities and stockholders' equity | $1,614,489 | $1,789,983 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.