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Corvex MOVE Operating Lease Liability - Undiscounted Excess Amount

Operating Lease Liability - Undiscounted Excess Amount at other companies

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Other financials

Income statement

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Revenue$510.0K+148%
Gross profit-$945.0K-107%
Operating income-$4.8M+7.5%
Net income-$5.0M+3.3%
EPS (diluted)-$3.13+41.5%

Balance sheet

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Cash & equivalents$28.9M+4,126%
Total debt$22.8M+3,165%
Total equity$576.0M+17,711%
Total assets$604.5M+7,684%

Cash flow

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Operating cash flow-$4.3M+0.3%
CapEx$6.2M
Free cash flow-$10.5M

Valuation

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Market cap$21.79M+402%
Enterprise value$15.64M+235%
P/S29.6×+20.3×

Profitability

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Gross margin-424.9%-2,244pp
Operating margin-2,050.5%-817pp
Net margin-2,457.5%-909pp
FCF margin-2,175.8%

Returns & leverage

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Return on equity-6.3%
Debt / equity-0.2×
Current ratio2.1×+0.4×

Where this comes from

Reported directly by Corvex in its filing.

Tagged under the XBRL concept us-gaap:LesseeOperatingLeaseLiabilityUndiscountedExcessAmount.

The source filing: Corvex’s 10-Q, filed May 19, 2026.

Filed
May 19, 2026, 4:04 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001213900-26-058993
Line itemFinance LeasesOperating Leases
Remainder of 2026$3,238$1,551
20274,3171,840
20283,597829
Total undiscounted lease payments11,1524,220
Less: Present value discount(737)(237)
Lease liability$10,415$3,983

Item 1. Financial Statements

FAQ

What is Corvex's operating lease liability - undiscounted excess amount?
Corvex (MOVE) reported operating lease liability - undiscounted excess amount of $237K in Q1 2026.
How has Corvex's operating lease liability - undiscounted excess amount changed year-over-year?
Corvex's operating lease liability - undiscounted excess amount increased by 102.6% year-over-year, from $117K to $237K.
What does operating lease liability - undiscounted excess amount mean?
This represents the difference between the total undiscounted future lease payments and the present value of those payments recorded on the balance sheet. It effectively quantifies the interest component embedded within operating lease obligations. It is a measure of the financing cost inherent in the lease portfolio.

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