Company: SABR
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001597033-25-000061
Chunk: 39

Company: Sabre Corp
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 39
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334 Other(593)725 Loss on investment fair value adjustment— 3,520 Loss on extinguishment of debt— 37,994 Changes in operating assets and liabilities:Accounts and other receivables(118,776)(74,665)Prepaid expenses and other current assets(17,122)(21,852)Capitalized implementation costs(3,573)(4,398)Upfront incentive consideration(5,859)(469)Other assets(246)(7,660)Accrued compensation and related benefits(62,233)(54,291)Accounts payable and other accrued liabilities21,738 34,922 Deferred revenue including upfront solution fees(1,434)(3,382)Cash used in operating activities(80,603)(68,090)Investing ActivitiesAdditions to property and equipment(17,891)(27,676)Proceeds from sale of assets9,641 — Cash used in investing activities(8,250)(27,676)Financing ActivitiesProceeds from borrowings under Securitization Facility41,100 140,000 Payments on borrowings under Securitization Facility(22,500)(17,800)Payments on borrowings from lenders(2,948)(193,571)Net payment on the settlement of equity-based awards(2,444)(2,078)Proceeds on borrowings from lenders— 200,090 Debt prepayment fees and issuance costs— (48,733)Cash provided by financing activities13,208 77,908 Effect of exchange rate changes on cash, cash equivalents and restricted cash2,295 (1,212)Decrease in cash, cash equivalents and restricted cash(73,350)(19,070)Cash, cash equivalents and restricted cash at beginning of period745,518 669,244 Cash, cash equivalents and restricted cash at end of period$672,168 $650,174 

See Notes to Consolidated Financial Statements.

4

SABRE CORPORATION

CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ DEFICIT

(In thousands, except share data)

(Unaudited)

 Stockholders’ Deficit Common StockAdditionalPaid inCapitalTreasury StockRetained DeficitAccumulatedOtherComprehensive LossNoncontrollingInterestTotalStockholders'Deficit SharesAmountSharesAmountBalance at December 31, 2024414,753,676 $4,147 $3,304,466