Case 23-80004-swe11 Doc 604 Filed 05/21/24 Entered 05/21/24
19:27:30 Desc Main Document Page 18 of 78 MOR-2 In re: EBIX, INC., et al. Lead Case No: 23-80004 Balance Sheet as of April 30,
2024(Unaudited) Reporting Period: April 1April 30, 2024 Agency Solutions.com, LLC d/b/a/ Health Connect Ebix, Inc. P.B. Systems, Inc. Facts Services, Inc. LLC ConfirmNet Corporation A.D.A.M., Inc. Assets Current Assets: Cash and Cash
equivalents $ 11,400,017 $ $ $ $ $ Fiduciary
fundsrestricted Accounts receivable, less allowance 10,002,352 193,293 81,500 7,745,610 407,963 Intercompany receivable 80,153,885 Other current assets
53,167,342 1,253 216 48,310 Total current assets $ 154,723,596 $ $ 193,293 $ 82,753
$ 7,745,826 $ 456,273 Property and equipment, net 22,342,735 (232,426) 10,229 Right-of-Use
Assets 229,275 578,351 127,458 Goodwill 192,040,854 4,706,870 20,404,124 13,540,891 60,111,616 Intangible assets, net 6,132,733 226,104 0 (0) 194,834 Indefinite-lived intangibles
Capitalized software development costs, net 388,891 Deferred tax assets, netlong-term 22,033,811 (8,308) (992,339) 3,074,537 1,921,924 Other assets 146,785,443 (5,216,707)
Total assets $ 544,677,338 $ 345,925 $ (98,748) $ 19,494,539 $ 24,361,254
$ 62,822,334 Liabilities & Equity Current Liabilities Accounts Payable and accrued expenses $ 21,142,394 $ $
$ 22,143 $ $ 30,697 Accrued payroll and related benefits 1,206,062 2,860 10,672 2,331 5,537 Working capital facility
Fiduciary funds liabilityrestricted Short term debt Current portion of long term debt and capital lease obligations
Intercompany payable 39,844,577 2,481,097 (3,429) (63,631) 1,680,820 (206,709) Deferred revenue 6,480,150 115,708 2,235 293,999 579,134 Short term lease liability Other current liabilities
323,678,285 Total Current Liabilities $ 392,351,468 $ 2,481,097 $ 115,138 $ (28,581)
$ 1,977,150 $ 408,658 Liabilities Subject to Compromise Accounts Payable and accrued expenses $ 7,198,962 $ 34,700
$ $ 6,533 $ 10,842 $ 64,309 Accrued payroll and related benefits 180,350 Working capital facility
Fiduciary funds liabilityrestricted Short term debt 342,324,099 Current portion of long term debt and capital lease obligations
86,998 Intercompany payable 303,282,320 49,576,672 (4,669,565) (4,745,420) 9,464,805 (36,903,570) Deferred revenue Short term lease liability 361,156
Other current liabilities 2,277 (1,648) (51,295) Total Liabilities Subject to Compromise $ 653,436,162 $ 49,611,372 $ (4,669,565)
$ (4,738,887) $ 9,473,998 $ (36,890,557) Long term debt and capital lease obligation, less current portion 8,059 Other liabilities
2,329,890 Earnout contingencies Put option liability Long term lease liability 743,980 Total liabilities
$ 1,048,869,560 $ 52,092,469 $ (4,554,426) $ (4,767,468) $ 11,451,148 $ (36,481,899)
Common stock, $.10 par value 3,790,897 Additional paid-in capital 4,077,159 20,000,000 21,532,000 88,420,090 Treasury stock
Retained earnings (522,754,040) (51,746,544) 4,455,678 4,262,007 (8,621,894) 10,884,143 Accumulated other comprehensive income (529,688) Total Ebix, Inc. stockholders equity
$ (515,415,672) $ (51,746,544) $ 4,455,678 $ 24,262,007 $ 12,910,106 $ 99,304,233
Noncontrolling interest 11,223,450 Total stockholders equity $ (504,192,222) $ (51,746,544) $ 4,455,678
$ 24,262,007 $ 12,910,106 $ 99,304,233 Total Liabilities & Equity $ 544,677,338 $ 345,925
$ (98,748) $ 19,494,539 $ 24,361,254 $ 62,822,334