Company: SABR
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001597033-25-000090
Chunk: 38

Company: Sabre Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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’ deficitCommon Stock: $0.01 par value; 1,000,000 authorized shares; 426,603 and 414,754 shares issued, 394,498 and 385,932 shares outstanding at June 30, 2025 and December 31, 2024, respectively4,266 4,147 Additional paid-in capital3,330,719 3,304,466 Treasury Stock, at cost, 32,105 and 28,822 shares at June 30, 2025 and December 31, 2024, respectively(536,762)(526,789)Accumulated deficit(4,548,181)(4,327,152)Accumulated other comprehensive loss(69,803)(73,747)Noncontrolling interest15,451 14,376 Total stockholders’ deficit(1,804,310)(1,604,699)Total liabilities and stockholders’ deficit$4,419,145 $4,634,929 

See Notes to Consolidated Financial Statements.    

3

SABRE CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(In thousands)

(Unaudited) Six Months Ended June 30,20252024Operating ActivitiesNet loss$(220,983)$(140,590)Adjustments to reconcile net loss to cash used in operating activities:Payment of previously paid-in-kind interest(199,938)— Loss on extinguishment of debt85,182 37,994 Depreciation and amortization50,972 54,897 Deferred income taxes32,277 (6,214)Paid-in-kind interest28,327 60,954 Stock-based compensation expense23,602 23,364 Amortization of upfront incentive consideration17,735 17,073 Loss from discontinued operations16,588 3,769 Amortization of debt discount and issuance costs14,916 12,424 Gain on sale of assets(5,191)— Other(3,317)1,180 Provision for expected credit losses1,103 5,591 Dividends received from equity method investments1,042 1,460 Loss on investment fair value adjustment— (1,200)Changes in operating assets and liabilities:Accounts and other receivables(98,505)(22,727)Prepaid expenses and other current assets24,752 (11,261)