Company: IIIV
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0001728688-25-000089
Chunk: 62

Company: i3 Verticals, Inc.
Filing Date: 2025-05-09
Form: 10-Q
Item: Part I, Item 1
Chunk 62
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 Six Months Ended March 31, 2024Public SectorHealthcareOtherTotalSoftware and related services revenue$60,368 $21,791 $(159)$82,000 Proprietary payments revenue26,141 123 (15)26,249 Other revenue4,086 719 (32)4,773 Total revenue$90,595 $22,633 $(206)$113,022 The tables below present a disaggregation of the Company's revenue from contracts with customers from continuing operations by timing of transfer of goods or services by segment. The Company's revenue included in each category are defined as follows: •Revenue earned over time — Includes SaaS, professional services, ongoing support, discount fees or other stand-ready obligations; and•Revenue earned at a point in time — Includes software licenses sold as functional intellectual property, equipment, or point in time service fees that are not stand-ready obligations.For the Three Months Ended March 31, 2025Public SectorHealthcareOtherTotalRevenue earned over time$45,992 $10,648 $(202)$56,438 Revenue earned at a point in time6,413 209 (1)6,621 Total revenue$52,405 $10,857 $(203)$63,059 For the Three Months Ended March 31, 2024Public SectorHealthcareOtherTotalRevenue earned over time$42,961 $11,035 $(144)$53,852 Revenue earned at a point in time4,136 18 (38)4,116 Total revenue$47,097 $11,053 $(182)$57,968 For the Six Months Ended March 31, 2025Public SectorHealthcareOtherTotalRevenue earned over time$91,657 $22,116 $(468)$113,305 Revenue earned at a point in time9,533 1,912 — 11,445 Total revenue$101,190 $24,028 $(468)$124,750 

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i3 VERTICALS, Inc.NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)(in thousands, except unit, share and per share amounts)

For the Six Months Ended March 31, 2024Public SectorHealthcareOtherTotalRevenue earned over time$84,366 $22,475 $(159)$106,682 Revenue earned at