Company: NOTV
Filing Date: 2025-12-05
Form Type: 10-K
Source: 0001628280-25-055483
Chunk: 321

Company: Inotiv, Inc.
Filing Date: 2025-12-05
Form: 10-K
Item: Item 1
Chunk 321
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— — — 6,028 Actuarial gain (net of tax)—— — — 578 — 578 Pension cost amortization—— — — 279 — 279 Foreign currency translation adjustment—— — — (41)— (41)Other801,013200 (425)(25)——(250)Balance at September 30, 202534,357,251$8,551 $756,062 $(630,813)$2,228 $— $136,028 

The accompanying notes are an integral part of the consolidated financial statements.

76

INOTIV, INC.

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

Fiscal Year Ended September 30202520242023Operating activities:Consolidated net loss$(68,625)$(108,885)$(104,902)Adjustments to reconcile net loss to net cash (used in) provided by operating activities:Depreciation and amortization55,928 57,118 54,717 Employee stock compensation expense6,028 6,740 7,844 Changes in deferred taxes(21,612)(23,251)(25,810)Provision for expected credit losses(492)58 1,273 Amortization of debt issuance costs and original issue discount5,206 3,745 3,182 Noncash interest and accretion expense12,535 7,378 6,284 Other non-cash operating activities1,721 (452)1,972 Gain on debt extinguishment— (1,860)— Goodwill impairment loss— — 66,367 Changes in operating assets and liabilities:Trade receivables and contract assets(3,830)14,168 9,550 Inventories(27,587)38,210 14,011 Prepaid expenses and other current assets2,501 (16,357)11,249 Operating lease right-of-use assets and liabilities, net2,263 1,589 884 Accounts payable12,335 613 5,963 Accrued expenses and other liabilities14,054 2,158 (8,339)Fees invoiced in advance9,125 (14,339)(12,907)Other asset and liabilities, net(10,005)26,562 (3,