Company: IIIV
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001728688-25-000108
Chunk: 1

Company: i3 Verticals, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 2
Chunk 1
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 ability to successfully manage our intellectual property; 

•the triggering of impairment testing of our fair-valued assets, including goodwill and intangible assets, in the event of a decline in the price of our Class A common stock or otherwise;

•our ability to generate revenues sufficient to maintain profitability and positive cash flow; 

•competition in our industry and our ability to compete effectively; 

•consolidation in the banking and financial services industry;

•risk of shortages, price increases, changes, delays or discontinuations of hardware due to supply chain disruptions with respect to our limited number of suppliers;

•impact of inflation and fluctuations in interest rates (including current elevated interest rate levels) and the potential effect of such fluctuations on revenues, expenses and resulting margins;

•our ability to keep pace with rapid developments and changes in our industry and provide new products and services; 

•reliance on third parties for significant services; 

•exposure to economic conditions and political risks affecting consumer, commercial and government spending, including as a result of budgetary and political pressures to reduce government spending, as well as any decline in the use of credit cards; 

•changes in the budgets or regulatory environments of our public sector customers, primarily local and state governments, that could negatively impact spending;

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•our ability to increase our existing vertical markets, grow within the current vertical markets in which we operate and execute our growth strategy; 

•our ability to successfully identify acquisition targets, complete those acquisitions and effectively integrate those acquisitions into our services; 

•potential degradation of the quality of our products, services and support;

•our ability to retain customers; 

•our ability to attract, recruit, retain and develop key personnel and qualified employees; 

•risks related to laws, regulations, and industry standards;

•risk of chargeback liabilities if our customers refuse or cannot reimburse chargebacks resolved in favor of their customers;

•the impact of recent decisions of the U.S. Supreme Court regarding the actions of federal agencies;

•the impact of government investigations, claims, and litigation;

•risks related to our international operations;

•our indebtedness and our ability to maintain compliance with the financial covenants in our 2023 Senior Secured Credit Facility (as defined below);

•our ability to meet our liquidity needs;

•our ability to raise additional funds on terms acceptable to us, if at all, whether through debt, equity or a combination thereof; 

•operating and financial restrictions imposed by our 2023 Senior Secured Credit Facility; and

•the