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Condensed Consolidated Statements of Operations and Comprehensive Loss (Unaudited) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Revenues $ 257,478 $ 241,570 $ 502,156 $ 472,900
Costs of services (exclusive of depreciation and amortization of intangible assets shown below) 67,667 60,823 136,747 121,259
General and administrative expenses 55,389 51,118 113,219 98,086
Depreciation 24,796 25,261 49,979 49,807
Amortization of intangible assets 85,908 85,971 171,816 171,942
Loss on disposal of leases 252 1,689 290 5,006
Loss on disposal of assets 57 130 57 480
Total expenses 234,069 224,992 472,108 446,580
Operating income 23,409 16,578 30,048 26,320
Interest expense 100,253 99,746 199,795 191,382
Interest income (195) (323) (377) (811)
Transaction costs related to refinancing transaction 0 87 0 7,879
Loss on extinguishment of debt 0 0 0 670
Net loss before taxes (76,649) (82,932) (169,370) (172,800)
Benefit for income taxes (17,423) (20,292) (36,584) (38,841)
Net loss (59,226) (62,640) (132,786) (133,959)
Less: net loss attributable to non-controlling interests 0 0 0 0
Net loss attributable to Claritev Corporation $ (59,226) $ (62,640) $ (132,786) $ (133,959)
Weighted average shares outstanding – Basic (in shares) 16,964,960 16,453,896 16,830,361 16,364,573
Weighted average shares outstanding – Diluted (in shares) 16,964,960 16,453,896 16,830,361 16,364,573
Net loss per share – Basic (in usd per share) $ (3.49) $ (3.81) $ (7.89) $ (8.19)
Net loss per share – Diluted (in usd per share) $ (3.49) $ (3.81) $ (7.89) $ (8.19)
Change in unrealized gain (loss) on interest rate swaps, net of tax $ 1,396 $ 753 $ 3,217 $ (871)
Comprehensive loss $ (57,830) $ (61,887) $ (129,569) $ (134,830)