Company: CTLPP
Filing Date: 2025-09-08
Form Type: 10-K
Source: 0001628280-25-041775
Chunk: 124

Company: CANTALOUPE, INC.
Filing Date: 2025-09-08
Form: 10-K
Item: Item 8
Chunk 124
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-based compensation4,008 5,109 4,737 Amortization of debt issuance costs and discounts223 124 128 Provision for expected losses2,277 3,861 5,815 Provision for inventory reserve280 240 280 Depreciation and amortization17,800 12,204 8,807 Property and equipment write-off — 601 364 Noncash lease expense1,543 1,246 — Deferred income taxes(43,719)— — Other(804)192 (116)Changes in operating assets and liabilities:Accounts receivable4,665 (18,542)4,960 Finance receivables4,782 3,712 (32)Inventory(4,559)(9,447)(10,387)Prepaid expenses and other assets(4,628)(4,035)(180)Accounts payable and accrued expenses(25,033)21,131 (458)Other noncurrent liabilities(1,264)(651)(133)Deferred revenue236 7 (226)Net cash provided by operating activities20,340 27,745 14,192 Cash flows from investing activities:Capital expenditures(17,003)(14,935)(16,151)Acquisition of business, net of cash acquired(11,132)(3,701)(35,714)Net cash used in investing activities(28,135)(18,636)(51,865)Cash flows from financing activities:Proceeds from long-term debt, net of issuance costs38,960 — 25,000 Repayment of long-term debt(38,625)(954)(1,270)Contingent consideration paid for acquisition(673)— (1,000)Repurchase of Series A Convertible Preferred Stock— — (2,151)Payment of employee taxes related to stock-based compensation(351)(219)(104)Proceeds from exercise of common stock options731 115 — Net cash provided by (used in) financing activities42 (1,058)20,475 Effect of currency exchange rate changes on cash and cash equivalents(21)(58)— Net increase (decrease) in cash and cash equivalents(7,774)7,993 (17,198)Cash and cash equivalents at beginning of year58,920 50,927 68,125 Cash and cash equivalents at end of year$51,146