MODVQ · As filed with the SEC

ModivCare balance sheet, by quarter

The statement as ModivCare presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

(Debtor-in-Possession) Unaudited Condensed Consolidated Balance Sheets · USD thousands

USD thousands	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024 Dec 31, 2024
Assets
Current assets:
Cash and cash equivalents	78,227	76,425	115,963	112,581
Accounts receivable, net of allowance of $383 and $1,439, respectively	279,100	259,142	239,545	222,317
Contract receivables	122,454	115,621	124,359	117,795
Other receivables	13,229	17,799	17,120	16,732
Prepaid expenses and other current assets	43,226	40,793	32,491	25,419
Short-term deposits	37,547	30,847	—	—
Restricted cash	13,486	13,352	3,951	535
Total current assets	587,269	553,979	533,429	495,379
Property and equipment, net	76,678	78,359	79,038	82,409
Long-term contract receivables	—	—	10,989	—
Goodwill	416,858	416,858	680,252	680,252
Payor network, net	222,745	238,170	253,623	269,020
Other intangible assets, net	11,317	11,977	12,609	13,300
Equity investment	28,283	29,163	27,899	31,427
Operating lease right-of-use assets	29,707	32,067	33,390	36,597
Other assets	46,708	46,977	45,934	45,948
Total assets	1,419,565	1,407,550	1,677,163	1,654,332
Liabilities and stockholders' equity (deficit)
Current liabilities:
Accounts payable	88,735	76,458	57,659	83,068
Accrued contract payables	27,601	21,529	26,854	22,639
Accrued transportation costs	56,827	80,123	76,855	96,745
Accrued expenses and other current liabilities	114,683	154,134	153,452	139,176
Current portion of operating lease liabilities	7,390	8,271	8,281	8,616
Short-term debt	—	—	—	274,250
Revolving Credit Facility	0	270,686	270,661	—
Short-term debt	0	77,126	73,889	—
Debtor-in-possession facility	62,500	—	—	—
Total current liabilities	357,736	688,327	667,651	624,494
Long-term debt, net of deferred financing costs of $— and $30,689, respectively	0	1,032,411	1,016,889	986,436
Deferred tax liabilities	13,471	13,471	13,471	13,557
Operating lease liabilities, less current portion	27,595	29,629	31,053	32,905
Other long-term liabilities	31,862	35,349	35,732	35,414
Liabilities subject to compromise	1,453,018	—	—	—
Total liabilities	1,883,682	1,799,187	1,764,796	1,692,806
Stockholders’ equity (deficit)
Common stock: Authorized 40,000,000 shares; $0.001 par value; 19,927,526 and 19,882,026, respectively, issued and outstanding (including treasury shares)	20	20	20	20
Additional paid-in capital	457,899	457,245	458,623	457,406
Accumulated deficit	(652,912)	(579,781)	(276,092)	(225,715)
Treasury shares, at cost, 5,525,915 and 5,558,898 shares, respectively	(269,124)	(269,121)	(270,184)	(270,185)
Total stockholders’ equity (deficit)	(464,117)	(391,637)	(87,633)	(38,474)
Total liabilities and stockholders’ equity (deficit)	1,419,565	1,407,550	1,677,163	1,654,332

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.