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

Company: CANTALOUPE, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 11
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Item 1. Condensed Consolidated Financial Statements

Cantaloupe, Inc.

Condensed Consolidated Balance Sheets

September 30, 2025 (Unaudited)June 30, 2025($ in thousands, except share data)AssetsCurrent assets:Cash and cash equivalents$54,985 $51,146 Accounts receivable, net41,862 37,927 Finance receivables, net5,253 5,422 Inventory47,655 45,703 Prepaid expenses and other current assets13,711 12,727 Total current assets163,466 152,925 Non-current assets:Finance receivables, net5,076 5,750 Property and equipment, net39,761 39,125 Operating lease right-of-use assets7,515 7,735 Intangibles, net21,835 23,331 Goodwill103,075 103,222 Deferred income taxes, net41,568 43,253 Other assets7,218 6,517 Total non-current assets226,048 228,933 Total assets$389,514 $381,858 Liabilities, convertible preferred stock, and shareholders’ equityCurrent liabilities:Accounts payable$61,741 $58,741 Accrued expenses22,480 19,748 Current obligations under long-term debt1,936 1,917 Deferred revenue3,975 1,990 Total current liabilities90,132 82,396 Long-term liabilities:Long-term debt, less current portion36,353 36,746 Other noncurrent liabilities8,471 8,965 Total long-term liabilities44,824 45,711 Total liabilities134,956 128,107 Commitments and contingencies (Note 14)Convertible preferred stock:Series A convertible preferred stock, 900,000 shares authorized, 385,782 and 385,782 issued and outstanding, with liquidation preferences of $23,590 and $23,301 at September 30, 2025 and June 30, 2025, respectively2,720 2,720 Shareholders’ equity:Common stock, no par value, 640,000,000 shares authorized, 73,693,758 and 73,289,054 shares issued and outstanding at September 30, 2025 and June 30, 2025, respectively— —