Company: IHETW
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001400891-25-000035
Chunk: 6

Company: iHeartMedia, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 1
Chunk 6
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)$(11,596)$(1,646,123)

(In thousands, except share data)Controlling InterestCommon Shares(1)Non-controllingInterestCommonStockAdditionalPaid-inCapitalAccumulated DeficitAccumulatedOtherComprehensive LossTreasuryStockClass A SharesClass BSharesSpecial WarrantsTotalBalances atDecember 31, 2023124,299,288 21,347,363 5,101,870 $9,397 $146 $2,947,096 $(3,330,142)$(1,128)$(10,127)$(384,758)Net income (loss)400 — — (18,508)— — (18,108)Vesting of restricted stock and other57,653 — — — — — (39)(39)Share-based compensation— — 7,947 — — — 7,947 Dividend declared and paid to noncontrolling interests(3,397)— — — — — (3,397)Conversion of Special Warrants to Class A and Class B Shares58,534 — (58,534)— — — — — — — Conversion of Class B Shares to Class A Shares750 (750)— — — — — — — Other comprehensive loss— — — — (219)— (219)Balances atMarch 31, 2024124,416,225 21,346,613 5,043,336 $6,400 $146 $2,955,043 $(3,348,650)$(1,347)$(10,166)$(398,574)

(1) The Company's Preferred Stock is not presented in the data above as there were no shares issued and outstanding in 2025, 2024, or 2023.

See Notes to Consolidated Financial Statements

3

IHEARTMEDIA, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF CASH FLOWS

(UNAUDITED)

(In thousands)Three Months Ended March 31,20252024Cash flows from operating activities:Net loss$(280,883)$(18,108)Reconciling items:Impairment charges2,855 1,508 Depreciation and amortization91,901 105,162