Company: CTLPP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050174
Chunk: 58

Company: CANTALOUPE, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 58
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60 days9 16 42 73 57 18 215 61 - 90 days8 14 63 10 66 12 173 Greater than 90 days3 58 573 973 373 1,162 3,142 Total finance receivables$1,510 $1,639 $4,051 $3,928 $1,146 $1,299 $13,573 The following table represents a rollforward of the allowance for finance receivables for the three months ended September 30, 2025 and 2024:Three months endedSeptember 30,($ in thousands)20252024Balance at June 30$2,401 $1,934 Provision for expected losses(167)391 Write-offs(10)— Balance at September 302,224 2,325 Cash to be collected on our performing finance receivables due for each of the fiscal years is as follows:($ in thousands)AmountRemainder of 2026$4,548 20274,375 20282,387 20291,106 2030363 Thereafter10 Total amounts to be collected12,789 Less: interest(236)Less: allowance for uncollectible receivables(2,224)Total finance receivables$10,329 

5. LEASES

Lessee AccountingWe have operating leases which are primarily real estate leases used for corporate functions, product development, sales, and other purposes. The following table provides supplemental balance sheet information related to the Company's operating leases:($ in thousands)Balance Sheet ClassificationSeptember 30,2025June 30,2025Assets:Operating lease right-of-use assets$7,515 $7,735 Liabilities:CurrentAccrued expenses$1,836 $1,655 Long-termOther noncurrent liabilities7,798 8,279 Total lease liabilities$9,634 $9,934 

11

Supplemental cash flow information and non-cash activity related to our leases are as follows:($ in thousands)Three months endedSeptember 30,20252024Supplemental cash flow information:Cash paid for amounts included in the measurement of operating lease liabilities$471 $485 Non-cash activity:Right-of-use assets obtained in exchange for new operating lease obligations$— $290