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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 121,173 $ 136,623
Restricted cash 4,131 4,227
Accounts receivable – net of allowance of $6,164 and $6,527, respectively 151,130 138,730
Prepaid expenses 16,327 15,798
Insurance recovery receivable 45,000 48,615
Taxes receivable 9,577 9,758
Other current assets 11,477 11,253
Total current assets 358,815 365,004
Property and equipment, net 177,292 179,378
Operating lease right of use assets 32,453 41,098
Goodwill 1,510,477 1,501,814
Intangible assets, net of accumulated amortization 389,906 403,805
Deferred income taxes, net 63,965 69,400
Other assets 30,800 41,262
Total assets 2,563,708 2,601,761
Current liabilities:    
Accounts payable 99,320 102,525
Accrued expenses 59,938 43,653
Income taxes payable 10,913 11,325
Litigation reserves 110,994 98,149
Deferred revenue 172,090 176,349
Total current liabilities 453,255 432,001
Long-term debt, net 1,314,424 1,398,658
Lease liabilities 29,034 39,858
Deferred income taxes, net 24,357 21,580
Uncertain tax positions 22,329 24,772
Other long-term liabilities 1,969 3,462
Total liabilities 1,845,368 1,920,331
Commitments & contingencies (Note 13)
Stockholders’ equity:    
Redeemable Preferred Stock, $0.0001 par value, 1.0 million shares authorized, no shares were issued or outstanding at December 31, 2024 and December 31, 2023 0 0
Additional paid-in capital 2,017,407 1,983,276
Accumulated deficit (1,223,482) (1,263,015)
Accumulated other comprehensive loss (123,770) (87,076)
Total Getty Images Holdings, Inc. stockholders’ equity 670,196 633,225
Non-controlling interest 48,144 48,205
Total stockholders’ equity 718,340 681,430
Total liabilities and stockholders’ equity 2,563,708 2,601,761
Class A Common Stock    
Stockholders’ equity:    
Common stock, value 41 40
Class B Common Stock    
Stockholders’ equity:    
Common stock, value $ 0 $ 0