Company: IHETW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001400891-25-000046
Chunk: 8

Company: iHeartMedia, Inc.
Filing Date: 2025-08-11
Form: 10-Q
Item: Item 1
Chunk 8
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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)69 — — (1,000,166)— — (1,000,097)Vesting of restricted stock and other2,545,109 — 2 (2)— — (718)(718)Share-based compensation— — 15,181 — — — 15,181 Dividends declared and paid to noncontrolling interests(3,783)— — — — — (3,783)Conversion of Special Warrants to Class A and Class B Shares58,563 (58,563)— — — — — — — Conversion of Class B Shares to Class A Shares2,973 (2,973)— — — — — — — Other comprehensive loss— — — — (468)— (468)Balances atJune 30, 2024126,905,933 21,344,390 5,043,307 $5,683 $148 $2,962,275 $(4,330,308)$(1,596)$(10,845)$(1,374,643)

(1)The Company's Preferred Stock is not presented in the data above as there were no shares issued and outstanding in 2025, or 2024, or 2023.

See Notes to Consolidated Financial Statements

4

IHEARTMEDIA, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

(In thousands)Six Months Ended June 30,20252024Cash flows from operating activities:Net loss$(364,871)$(1,000,097)Reconciling items:Impairment charges5,407 921,732 Depreciation and amortization182,270 209,518 Deferred taxes142,599 (65,008)Provision for doubtful accounts8,589 11,590 Amortization of deferred financing charges and note discounts, net1,489 3,478 Share-based compensation12,125