Company: IIIV
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0001728688-25-000043
Chunk: 34

Company: i3 Verticals, Inc.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 1
Chunk 34
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 i3 Verticals, Inc.$2,056 $1,098 Net income (loss) per share attributable to Class A common stockholders from continuing operations:Basic$0.09 $(0.12)Diluted$0.09 $(0.12)Net (loss) income per share attributable to Class A common stockholders from discontinued operations:Basic$(0.01)$0.17 Diluted$(0.01)$0.16 Weighted average shares of Class A common stock outstanding:Basic, for continuing operations23,551,352 23,267,290 Diluted, for continuing operations34,057,196 23,267,290 Basic, for discontinued operations23,551,352 23,267,290 Diluted, for discontinued operations23,551,352 33,828,461 

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1.Refer to Note 3 for discussion of the change in the current and prior period presentation. 

See Notes to the Interim Condensed Consolidated Financial Statements

5

i3 Verticals, Inc. CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED)(In thousands, except share amounts)

Class A Common StockClass B Common StockAdditional Paid-In CapitalRetained Earnings (Deficit)Non-Controlling InterestTotal EquitySharesAmountSharesAmountBalance at September 30, 202423,882,035 $2 10,032,676 $1 $279,335 $100,397 $135,624 $515,359 Equity-based compensation— — — — 3,814 — — 3,814 Net income— — — — — 2,056 1,052 3,108 Redemption of common units in i3 Verticals, LLC17,577 — (17,577)— 237 — (237)— Establishment of liabilities under a tax receivable agreement and related changes to deferred tax assets associated with increases in tax basis— — — — 14 — — 14 Exercise of equity-based awards34,423 — — — 29 — — 29 Repurchases of Class A common stock(496,785)— — — (11,190)— — (11,190)Allocation of equity to non-controlling