Company: IMXI
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001683695-25-000063
Chunk: 78

Company: International Money Express, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 8
Chunk 78
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, agent advances receivable, prepaid wires, accounts payable and wire transfers and money orders payable are representative of their fair values because of the short turnover of these instruments.The Company’s financial liabilities include its revolving credit facility. The estimated fair value of the revolving credit facility would approximate book value given the payment schedule and interest rate structure, which approximates current market interest rates.The following tables present the Company's financial instruments that are not measured at fair value, categorized based upon the fair value hierarchy (in thousands):March 31, 2025Level 1Level 2Level 3Cash and cash equivalents$151,764 $— $— Accounts receivable, net— 131,026 — Agent advances, net of allowance— 4,174 — Prepaid wires— 32,577 — Total assets$151,764 $167,777 $— Accounts payable$— $23,410 $— Wire transfers and money orders payable— 115,081 — Revolving credit facility— 147,365 — Total liabilities$— $285,856 $— December 31, 2024Level 1Level 2Level 3Cash and cash equivalents$130,503 $— $— Accounts receivable, net— 107,077 — Agent advances, net of allowance— 4,285 — Prepaid wires— 49,205 — Total assets$130,503 $160,567 $— Accounts payable$— $19,520 $— Wire transfers and money orders payable— 85,044 — Revolving credit facility— 156,600 — Total liabilities$— $261,164 $— The following tables present the Company's assets measured at fair value on a non-recurring basis at the dates indicated (in thousands):

18

March 31, 2025December 31, 2024Goodwill$55,195 $55,195 Intangible assets, net26,058 26,847 $81,253 $82,042 

NOTE 12 – SHARE-BASED COMPENSATION

International Money Express, Inc. Omnibus Equity Compensation PlansThe International Money Express, Inc. 2020 Omnibus Equity Compensation Plan (the “2020 Plan”) provides for the granting of stock-based incentive awards, including stock options, restricted