Company: IHETW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001400891-25-000009
Chunk: 115

Company: iHeartMedia, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 115
---
Other comprehensive income— — — — 203 — 203 Balances at December 31, 2023124,299,288 21,347,363 5,101,870 $9,397 $146 $2,947,096 $(3,330,142)$(1,128)$(10,127)$(384,758)Net income (loss)447 — — (1,009,941)— — (1,009,494)Vesting of restricted stock and other3,050,749 — 3 (3)— — (826)(826)Share-based compensation— — 28,610 — — — 28,610 Dividends declared and paid to noncontrolling interests(4,555)— — — — — (4,555)Conversion of Special Warrants to Class A and B Shares62,547 — (62,547)— — — — — — — Conversion of Class B Shares to Class A Shares61,449 (61,449)— — — — — — — Other comprehensive loss— — — — (757)— (757)Balances at December 31, 2024127,474,033 21,285,914 5,039,323 $5,289 $149 $2,975,703 $(4,340,083)$(1,885)$(10,953)$(1,371,780)

(1)The Company's Preferred Stock is not presented in the data above as there were no shares issued and outstanding in 2024, 2023, 2022, or 2021.

See Notes to Consolidated Financial Statements

59

CONSOLIDATED STATEMENTS OF CASH FLOWS OF

IHEARTMEDIA, INC. AND SUBSIDIARIES

(In thousands)Year Ended December 31,202420232022Cash flows from operating activities:Net loss$(1,009,494)$(1,100,339)$(262,670)Reconciling items:Impairment charges922,681 965,087 311,489 Depreciation and amortization409,582 428,483 445,664 Deferred taxes(236,863)(144,588)(74,418)Pro