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Consolidated Balance Sheets

In millions of USD; shares in millions, except per-share amounts
Q1 FY2026
As of Mar 31, 2026
Q4 FY2025
As of Dec 31, 2025
Q3 FY2025
As of Sep 30, 2025
Q2 FY2025
As of Jun 30, 2025
Q1 FY2025
As of Mar 31, 2025
Q4 FY2024
As of Dec 31, 2024
Q3 FY2024
As of Sep 30, 2024
Q2 FY2024
As of Jun 30, 2024
Q1 FY2024
As of Mar 31, 2024
Q4 FY2023
As of Dec 31, 2023
Q3 FY2023
As of Sep 30, 2023
Q2 FY2023
As of Jun 30, 2023
Q1 FY2023
As of Mar 31, 2023
Q4 FY2022
As of Dec 31, 2022
Q3 FY2022
As of Sep 30, 2022
Q2 FY2022
As of Jun 30, 2022
Q1 FY2022
As of Mar 31, 2022
Q4 FY2021
As of Dec 31, 2021
Q3 FY2021
As of Sep 30, 2021
Q2 FY2021
As of Jun 30, 2021
Assets
Current assets
Cash and cash equivalents
Restricted cash
Accounts receivable, net
Current contract assets, net
Income tax receivable
Other current assets
Total current assets
Property and equipment, net
Capitalized software development costs, net
Operating lease right-of-use assets, net
Contract assets
Deferred tax asset, net
Other assets
Total assets
Liabilities and stockholders’ equity
Current liabilities
Accounts payable
Accrued expenses
Current portion of debt
Third-party claims administration liability
Current portion of excess profit share receipts
Other current liabilities
Total current liabilities
Long-term debt, net of deferred financing costs
Operating lease liabilities
Excess profit share receipts
Other liabilities
Common stock, shares outstanding (in shares)
Common stock, shares issued (in shares)
Total liabilities
Stockholders’ equity
Preferred stock, $0.01 par value; $10,000,000 shares authorized, none issued and outstanding
Common stock, $0.01 par value; 550,000,000 shares authorized, 128,198,185 shares issued and 118,217,082 shares outstanding as of March 31, 2026 and 128,198,185 shares issued and 117,660,648 shares outstanding as of December 31, 2025
Additional paid-in capital
Accumulated deficit
Treasury stock at cost, $9,981,103 shares at March 31, 2026 and 10,537,537 shares at December 31, 2025
Total stockholders’ equity
Total liabilities and stockholders’ equity

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