Company: IIIV
Filing Date: 2025-02-07
Form Type: 10-Q
Source: 0001728688-25-000043
Chunk: 48

Company: i3 Verticals, Inc.
Filing Date: 2025-02-07
Form: 10-Q
Item: Part I, Item 1
Chunk 48
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 practical expedients.  The tables below present a disaggregation of the Company's revenue from contracts with customers for continuing operations by product by segment. The Company's products are defined as follows:•Software and related services — Includes SaaS, transaction-based fees, ongoing software maintenance and support, software licenses and other professional services related to our software offerings;•Proprietary payments — Includes discount fees and other related fixed transaction or service fees; and•Other — Includes sales of equipment, non-software related professional services and other revenues.For the Three Months Ended December 31, 2024Public SectorHealthcareOtherTotalSoftware and related services revenue$33,203 $12,738 $(266)$45,675 Proprietary payments revenue13,435 75 1 13,511 Other revenue2,147 358 — 2,505 Total revenue$48,785 $13,171 $(265)$61,691 For the Three Months Ended December 31, 2023Public SectorHealthcareOtherTotalSoftware and related services revenue$28,983 $11,135 $(15)$40,103 Proprietary payments revenue12,630 56 (9)12,677 Other revenue1,885 389 — 2,274 Total revenue$43,498 $11,580 $(24)$55,054 The tables below present a disaggregation of the Company's revenue from contracts with customers from continuing operations by timing of transfer of goods or services by segment. The Company's revenue included in each category are defined as follows: •Revenue earned over time — Includes SaaS, professional services, ongoing support, discount fees or other stand-ready obligations; and•Revenue earned at a point in time — Includes software licenses sold as functional intellectual property, equipment, or point in time service fees that are not stand-ready obligations.For the Three Months Ended December 31, 2024Public SectorHealthcareOtherTotalRevenue earned over time$45,665 $11,468 $(266)$56,867 Revenue earned at a point in time3,120 1,703 1 4,824 Total revenue$48,785 $13,171 $(265)$61,691 

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i3 VERTICALS, Inc.NOTES TO THE INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (UNAUDITED)(in thousands, except unit, share and per share amounts)

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