Onterris, Inc.
For the period ended Mar 31, 2025. Filed May 8, 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.
Mar 31, 2025 · Filed May 8, 2025
ONT$23.66+0.3%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
Unaudited Condensed Consolidated Statements of Financial Position
(In thousands, except share data)
| March 31, | December 31, | |
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets | ||
| Cash, cash equivalents and restricted cash | $30,276 | $12,935 |
| Accounts receivable, net | 139,683 | 158,883 |
| Contract assets | 60,745 | 52,091 |
| Prepaid and other current assets | 18,690 | 14,090 |
| Total current assets | 249,394 | 237,999 |
| Non-current assets | ||
| Property and equipment, net | 60,520 | 63,776 |
| Operating lease right-of-use asset, net | 39,046 | 39,755 |
| Finance lease right-of-use asset, net | 21,405 | 19,643 |
| Goodwill | 468,351 | 467,789 |
| Other intangible assets, net | 146,898 | 152,756 |
| Other assets | 6,547 | 8,635 |
| Total assets | $992,161 | $990,353 |
| Liabilities, Convertible and Redeemable Series A-2 Preferred Stock and Stockholders’ Equity | ||
| Current liabilities | ||
| Accounts payable and other accrued liabilities | $58,313 | $63,704 |
| Accrued payroll and benefits | 25,611 | 34,248 |
| Business acquisitions contingent consideration, current | 15,052 | 26,872 |
| Current portion of operating lease liabilities | 11,525 | 11,345 |
| Current portion of finance lease liabilities | 5,109 | 4,627 |
| Current portion of long-term debt | 6,168 | 17,866 |
| Total current liabilities | 121,778 | 158,662 |
| Non-current liabilities | ||
| Business acquisitions contingent consideration, long-term | 11,648 | 6,255 |
| Other non-current liabilities | 6,884 | 5,550 |
| Deferred tax liabilities, net | 16,405 | 13,312 |
| Conversion option related to Series A-2 Preferred Stock | 20,532 | 20,224 |
| Operating lease liability, net of current portion | 30,029 | 30,880 |
| Finance lease liability, net of current portion | 12,196 | 11,460 |
| Long-term debt, net of deferred financing fees | 235,617 | 204,818 |
| Total liabilities | $455,089 | $451,161 |
| Commitments and contingencies | ||
| Convertible and redeemable Series A-2 Preferred Stock $0.0001 par value: | ||
| Authorized, issued and outstanding shares: 11,667 at March 31, 2025 and December 31, 2024; aggregate liquidation preference of $122.2 million March 31, 2025 and December 31, 2024 | 92,928 | 92,928 |
| Stockholders’ equity: | ||
| Common stock, $0.000004 par value; authorized shares: 190,000,000 at March 31, 2025 and December 31, 2024; issued and outstanding shares: 35,107,586 and 34,309,788 at March 31, 2025 and December 31, 2024, respectively | — | — |
| Additional paid-in-capital | 738,659 | 721,067 |
| Accumulated deficit | (292,029) | (272,670) |
| Accumulated other comprehensive loss | (2,486) | (2,133) |
| Total stockholders’ equity | 444,144 | 446,264 |
| Total liabilities, convertible and redeemable Series A-2 Preferred Stock and Stockholders’ Equity | $992,161 | $990,353 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.