Company: IIIV
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001728688-25-000108
Chunk: 77

Company: i3 Verticals, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 77
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,673 Accrued interest171 43 Accrued contingent consideration — current portion16 518 Escrow liabilities— 2,174 Accrued tax distributions— 24,276 Accrued income tax expense2,004 30,528 Tax receivable agreement liability — current portion— 9,850 Customer deposits996 611 Employee health self-insurance liability30 649 Accrued Hyland expenses2,744 1,165 Accrued interchange1,987 1,946 Other accrued liabilities related to the Sale of the Merchant Services Business— 7,887 Other accrued liabilities related to the Sale of the Healthcare RCM Business1,545 — Accrued liabilities owed to sellers296 334 Other accrued expenses2,746 3,598 Accrued expenses and other current liabilities$21,915 $88,252 __________________________1.In connection with the sale of the Healthcare RCM Business, $1,720 of the Company's accrued expenses and other current liabilities was classified as "Current liabilities held for sale" as of September 30, 2024 in the accompanying condensed consolidated balance sheets and was not included in these amounts. A summary of the Company's long-term liabilities as of June 30, 2025 and September 30, 2024 is as follows:June 30,September 30,20252024Accrued contingent consideration — long-term portion$3,778 $1,636 Deferred tax liability — long-term9,380 11,402 Other long-term liabilities2,300 1,883 Total other long-term liabilities$15,458 $14,921 

33

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

8. LONG-TERM DEBT, NET 

A summary of long-term debt, net as of June 30, 2025 and September 30, 2024 is as follows:June 30,September 30,Maturity20252024Revolving lines of credit to banks under the 2023 Senior Secured Credit FacilityMay 8, 2028$— $— 1% Exchangeable Senior Notes due 2025February 15, 2025— 26,223 Total long-term debt— 26