Company: IHETW
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001400891-25-000009
Chunk: 29

Company: iHeartMedia, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 15
Chunk 29
---
ITEM 15.  Exhibits and Financial Statement Schedules

(a)1.  Financial Statements.

The following consolidated financial statements are included in Item 8:

Consolidated Balance Sheets.

Consolidated Statements of Comprehensive Loss.

Consolidated Statements of Changes in Stockholders’ Equity (Deficit).

Consolidated Statements of Cash Flows.

Notes to Consolidated Financial Statements

(a)2. Financial Statement Schedules.

The following financial statement schedules and related report of independent auditors are filed as part of this report and should be read in conjunction with the consolidated financial statements.

Schedule II Valuation and Qualifying Accounts

All other schedules for which provision is made in the applicable accounting regulation of the Securities and Exchange Commission are not required under the related instructions or are inapplicable, and therefore have been omitted.

102

SCHEDULE IIVALUATION AND QUALIFYING ACCOUNTSAllowance for Doubtful Accounts(In thousands)DescriptionBalance at Beginning of PeriodCharges to Costs, Expenses and OtherWrite-off of Accounts ReceivableOther (1)Balance at End of PeriodYear ended December 31, 2022$29,270 $14,236 $(14,322)$(13)$29,171 Year ended December 31, 2023 29,171 29,488 (20,613)9 38,055 Year ended December 31, 202438,055 15,888 (17,374)(17)36,552 (1)Primarily foreign currency adjustments and acquisition and/or divestiture activity.Deferred Tax Asset Valuation Allowance(In thousands)DescriptionBalance at Beginning of PeriodCharges to Costs, Expenses and Other (1)Reversal (2)Adjustments(3)Balance at End of PeriodYear ended December 31, 2022$1,854,143 $49,234 $(4,209)$2,023 $1,901,191 Year ended December 31, 2023 1,901,191 114,061 (59,249)230 1,956,233 Year ended December 31, 20241,956,233 195,625 (226,617)(1,433,017)492,224 (1)During 2024, 2023, and 2022 the Company recorded a valuation allowance of $195.6 million, $114.1 million and $49.2 million,