Company: CTLPP
Filing Date: 2025-09-08
Form Type: 10-K
Source: 0001628280-25-041775
Chunk: 111

Company: CANTALOUPE, INC.
Filing Date: 2025-09-08
Form: 10-K
Item: Item 8
Chunk 111
---
 Accrued expenses19,748 24,008 Current obligations under long-term debt1,917 1,266 Deferred revenue1,990 1,726 Total current liabilities82,396 105,895 Long-term liabilities:Deferred income taxes, net— 466 Long-term debt36,746 36,284 Other noncurrent liabilities8,965 8,457 Total long-term liabilities45,711 45,207 Total liabilities128,107 151,102 Commitments and contingencies (Note 18)Convertible preferred stock:Series A convertible preferred stock, 900,000 shares authorized, 385,782 and 385,782 issued and outstanding, with liquidation preferences of $23,301 and $22,722 at June 30, 2025 and 2024, respectively2,720 2,720 Shareholders’ equity:Common stock, no par value, 640,000,000 shares authorized, 73,289,054 and 72,935,497 shares issued and outstanding at June 30, 2025 and 2024, respectively— — Additional paid-in capital486,759 482,329 Accumulated deficit(235,926)(300,459)Accumulated other comprehensive income (loss)198 (124)Total shareholders’ equity251,031 181,746 Total liabilities, convertible preferred stock, and shareholders’ equity$381,858 $335,568 

See accompanying notes to consolidated financial statements.

47

Cantaloupe, Inc.

Consolidated Statements of Operations

Year ended June 30,($ in thousands, except shares and per share data)202520242023Revenues:Subscription and transaction fees$263,128 $231,497 $200,223 Equipment sales39,420 37,099 43,418 Total revenues302,548 268,596 243,641 Costs of sales (exclusive of certain depreciation and amortization):Cost of subscription and transaction fees143,081 131,400 119,715 Cost of equipment sales35,643 34,545 42,690 Total costs of sales178,724 165,945 162,405 Operating expenses:Sales and marketing23,075 20,310 12,427 Technology and product development17,449 16,532 20,726 General and administrative44,075 41