Company: NOTV
Filing Date: 2025-12-05
Form Type: 10-K
Source: 0001628280-25-055483
Chunk: 197

Company: Inotiv, Inc.
Filing Date: 2025-12-05
Form: 10-K
Item: Item 8
Chunk 197
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Table of Contents

ITEM 8 – FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

Index to Consolidated Financial Statements

PageReports of Independent Registered Public Accounting Firm (PCAOB ID – 42)69Consolidated Financial Statements of Inotiv, Inc.73Consolidated Balance Sheets as of September 30, 2025 and 202473Consolidated Statements of Operations for the Fiscal Years Ended September 30, 2025, 2024 and 202374Consolidated Statement of Comprehensive Loss for the Fiscal Years Ended September 30, 2025, 2024 and 202375Consolidated Statements of Shareholders’ Equity for the Fiscal Years Ended September 30, 2025, 2024 and 202376Consolidated Statements of Cash Flows for the Fiscal Years Ended September 30, 2025, 2024 and 202377Notes to Consolidated Financial Statements781.    DESCRIPTION OF THE BUSINESS782.    BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES783.    REVENUE FROM CONTRACTS WITH CLIENTS874.    SEGMENT AND GEOGRAPHIC INFORMATION885.    GOODWILL AND INTANGIBLE ASSETS916.    DEBT937.    SUPPLEMENTAL BALANCE SHEET INFORMATION1038.    POST-EMPLOYMENT BENEFITS1059.    OTHER OPERATING EXPENSE10910.    RESTRUCTURING COSTS10911.    LEASES11012.    STOCKHOLDERS EQUITY AND LOSS PER SHARE11213.    STOCK-BASED COMPENSATION11314.    INCOME TAXES11515.    CONTINGENCIES AND COMMITMENTS118

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Table of Contents

Report of Independent Registered Public Accounting Firm

To the Shareholders and the Board of Directors of Inotiv, Inc.

Opinion on the Financial Statements

We have audited the accompanying consolidated balance sheets of Inotiv, Inc. (the Company) as of September 30, 2025 and 2024, the related consolidated statements of operations, comprehensive loss, shareholders' equity and cash flows for each of the three years in the period ended September 30, 2025, and the related notes (collectively referred to as the “consolidated financial statements”). In our opinion, the consolidated financial statements present fairly, in all material respects, the financial position of the