Claritev Corp
For the period ended Dec 31, 2024. Filed Feb 26, 2025.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Feb 26, 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
Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, | ||
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $16,848 | $71,547 |
| Restricted cash | 12,824 | 9,947 |
| Trade accounts receivable, net | 89,758 | 76,558 |
| Unbilled Independent Dispute Resolution fees, net | 21,850 | 8,197 |
| Prepaid expenses | 20,493 | 23,432 |
| Prepaid taxes | 6,747 | 1,364 |
| Other current assets, net | 6,995 | 2,548 |
| Total current assets | 175,515 | 193,593 |
| Property and equipment, net | 292,649 | 267,429 |
| Operating lease right-of-use assets | 16,097 | 19,680 |
| Goodwill | 2,403,140 | 3,829,002 |
| Other intangibles, net | 2,226,323 | 2,633,207 |
| Other assets, net | 37,103 | 21,776 |
| Total assets | $5,150,827 | $6,964,687 |
| Liabilities and Shareholders’ Equity | ||
| Current liabilities: | ||
| Accounts payable | $86,327 | $19,590 |
| Accrued interest | 55,532 | 56,827 |
| Operating lease obligation, short-term | 4,385 | 4,792 |
| Current portion of long-term debt | 13,250 | 13,250 |
| Accrued compensation | 33,690 | 44,720 |
| Accrued legal contingencies | 1,623 | 12,123 |
| Other accrued expenses | 18,983 | 15,437 |
| Total current liabilities | 213,790 | 166,739 |
| Long-term debt | 4,509,725 | 4,532,733 |
| Operating lease obligation, long-term | 13,857 | 17,124 |
| Private Placement Warrants and Unvested Founder Shares | — | 477 |
| Deferred income taxes | 325,834 | 521,707 |
| Other liabilities | 3,599 | 16,783 |
| Total liabilities | 5,066,805 | 5,255,563 |
| Commitments and contingencies (Note 13) | ||
| Shareholders’ 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; 16,930,827 and 16,695,207 issued; 16,187,968 and 16,207,984 shares outstanding | 2 | 2 |
| Additional paid-in capital | 2,372,954 | 2,348,570 |
| Accumulated other comprehensive loss | (5,063) | (11,778) |
| Retained deficit | (2,145,138) | (499,307) |
| Treasury stock — 742,859 and 487,223 shares | (138,733) | (128,363) |
| Total shareholders’ equity | 84,022 | 1,709,124 |
| Total liabilities and shareholders’ equity | $5,150,827 | $6,964,687 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.