Company: CCO
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001334978-25-000037
Chunk: 22

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 1
Chunk 22
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ITEM 1. FINANCIAL STATEMENTS

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

INDEX TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Page NumberFinancial Statements:Consolidated Balance Sheets3Consolidated Statements of Income (Loss)4Consolidated Statements of Comprehensive Income (Loss)5Consolidated Statements of Changes in Stockholders' Deficit6Consolidated Statements of Cash Flows7Condensed Notes to Consolidated Financial Statements:Note 1. Basis of Presentation8Note 2. Dispositions and Discontinued Operations9Note 3. Segment Data13Note 4. Revenue15Note 5. Long-Term Debt16Note 6. Commitments and Contingencies18Note 7. Income Taxes18Note 8. Property, Plant and Equipment 19Note 9. Intangible Assets and Goodwill19Note 10. Stockholders’ Deficit20Note 11. Other Information22

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Table of Contents

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share data)September 30,2025December 31,2024 (Unaudited)CURRENT ASSETS  Cash and cash equivalents$155,010 $109,707 Accounts receivable, net340,285 344,096 Prepaid expenses23,025 27,112 Other current assets8,272 2,093 Current assets of discontinued operations173,019 1,176,036 Total Current Assets699,611 1,659,044 PROPERTY, PLANT AND EQUIPMENT Structures, net306,157 335,761 Other property, plant and equipment, net136,390 144,226 INTANGIBLE ASSETS AND GOODWILL  Permits, net 564,629 613,305 Other intangible assets, net209,222 218,465 Goodwill507,819 507,819 OTHER ASSETSOperating lease right-of-use assets1,317,116 1,315,529 Other assets19,590 10,114 Total Assets$3,760,534 $4,804,263 CURRENT LIABILITIES  Accounts payable$30,788 $38,769 Accrued expenses150,311 163,615 Current operating lease liabilities133,175