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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2026
Dec. 31, 2025
Current assets:    
Cash and cash equivalents $ 14,373 $ 16,814
Restricted cash 13,302 11,527
Trade accounts receivable, net 130,901 127,615
Prepaid expenses 31,489 31,992
Prepaid taxes 5,364 11,526
Unbilled Independent Dispute Resolution fees, net 17,995 10,563
Other current assets, net 22,994 14,330
Total current assets 236,418 224,367
Property and equipment, net 359,561 326,326
Operating lease right-of-use assets 13,023 13,966
Goodwill 2,405,853 2,405,853
Other intangibles, net 1,712,788 1,884,604
Other assets, net 36,214 33,342
Total assets 4,763,857 4,888,458
Current liabilities:    
Accounts payable 56,665 60,463
Accrued interest 99,708 100,009
Operating lease obligation, short-term 4,609 4,705
Current portion of long-term debt 14,690 14,690
Accrued compensation 27,746 45,238
Other accrued expenses 34,089 36,253
Total current liabilities 237,507 261,358
Long-term debt 4,588,160 4,560,440
2025 Revolving Credit Facility 70,000 20,000
Operating lease obligation, long-term 14,304 16,236
Deferred income taxes 141,725 197,599
Total liabilities 5,051,696 5,055,633
Commitments and contingencies (Note 7)
Shareholders’ deficit:    
Preferred stock, $0.0001 par value — 10,000,000 shares authorized; no shares issued 0 0
Common stock, $0.0001 par value — 1,500,000,000 shares authorized; 17,814,829 and 17,295,582 issued; 16,935,754 and 16,552,723 shares outstanding as of June 30, 2026 and December 31, 2025, respectively 2 2
Additional paid-in capital 2,410,831 2,398,423
Accumulated deficit (2,562,206) (2,429,420)
Accumulated other comprehensive loss (955) (4,172)
Treasury stock - 879,075 and 742,859 shares as of June 30, 2026 and December 31, 2025, respectively (142,236) (138,733)
Total shareholders’ (deficit)/equity attributable to Claritev Corporation (294,564) (173,900)
Non-controlling interests 6,725 6,725
Total shareholders' deficit (287,839) (167,175)
Total liabilities and shareholders’ deficit $ 4,763,857 $ 4,888,458