Company: CCO
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001334978-25-000027
Chunk: 0

Company: Clear Channel Outdoor Holdings, Inc.
Filing Date: 2025-08-05
Form: 10-Q
Item: Item 1
Chunk 0
---
ITEM 1. FINANCIAL STATEMENTS

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

INDEX TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS

Page NumberFinancial Statements:Consolidated Balance Sheets3Consolidated Statements of Income (Loss)4Consolidated Statements of Comprehensive Income (Loss)5Consolidated Statements of Changes in Stockholders' Deficit6Consolidated Statements of Cash Flows7Condensed Notes to Consolidated Financial Statements:Note 1. Basis of Presentation8Note 2. Dispositions and Discontinued Operations9Note 3. Segment Data13Note 4. Revenue15Note 5. Long-Term Debt16Note 6. Commitments and Contingencies17Note 7. Income Taxes17Note 8. Property, Plant and Equipment 18Note 9. Intangible Assets and Goodwill18Note 10. Stockholders’ Deficit19Note 11. Other Information21

2

Table of Contents

CLEAR CHANNEL OUTDOOR HOLDINGS, INC. AND SUBSIDIARIES

CONSOLIDATED BALANCE SHEETS

(In thousands, except share and per share data)June 30,2025December 31,2024 (Unaudited)CURRENT ASSETS  Cash and cash equivalents$138,573 $109,707 Accounts receivable, net330,518 344,096 Prepaid expenses20,529 27,112 Other current assets9,253 2,093 Current assets of discontinued operations165,905 1,176,036 Total Current Assets664,778 1,659,044 PROPERTY, PLANT AND EQUIPMENT Structures, net320,083 335,761 Other property, plant and equipment, net137,331 144,226 INTANGIBLE ASSETS AND GOODWILL  Permits, net 580,635 613,305 Other intangible assets, net212,572 218,465 Goodwill507,819 507,819 OTHER ASSETSOperating lease right-of-use assets1,322,819 1,315,529 Other assets20,581 10,114 Total Assets$3,766,618 $4,804,263 CURRENT LIABILITIES  Accounts payable$40,267 $38,769 Accrued expenses142,208 163,615 Current operating lease liabilities131,499