Company: IHETW
Filing Date: 2025-05-12
Form Type: 10-Q
Source: 0001400891-25-000035
Chunk: 56

Company: iHeartMedia, Inc.
Filing Date: 2025-05-12
Form: 10-Q
Item: Item 8
Chunk 56
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Selling, general and administrative expenses(2)203,302 44,283 36,441 68,300 (1,532)350,794 Segment Adjusted EBITDA(3)$70,007 $87,083 $15,798 $(68,300)$— $104,588 Depreciation and amortization(91,901)Impairment charges(2,855)Other operating expense, net(659)Restructuring expenses(25,578)Share-based compensation expense(9,029)Operating loss$(25,434)Segment Assets$4,027,842 $593,363 $273,776 $377,161 $(4,049)$5,268,093 Intersegment revenues— 1,131 1,356 — — 2,487 Capital expenditures5,929 5,856 5,627 2,318 — 19,730 Segments(In thousands)Multiplatform GroupDigital Audio GroupAudio & Media Services GroupCorporate and other reconciling itemsEliminationsConsolidatedThree Months Ended March 31, 2024Revenue$493,463 $238,968 $69,168 $— $(2,561)$799,038 Direct operating expenses(1)204,130 127,254 7,041 — (927)337,498 Selling, general and administrative expenses(2)212,151 43,587 38,432 64,387 (1,634)356,923 Segment Adjusted EBITDA(3)$77,182 $68,127 $23,695 $(64,387)$— $104,617 Depreciation and amortization(105,162)Impairment charges(1,508)Other operating expense, net(572)Restructuring expenses(23,603)Share-based compensation expense(8,480)Operating loss$(34,708)Segment Assets$5,259,863 $618,337 $305,243 $578,810 $(3,941)$6,758,312 Intersegment revenues— 1,185 1,376 — — 2,561 Capital expenditures11,704 5,427 2,257 2,194 — 21,582 (1) Includes content, programming, and production costs as well as employee