Company: CTLPP
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023882
Chunk: 13

Company: CANTALOUPE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 13
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,252 4,740 16,370 10,033 Benefit from (provision for) income taxes41,904 (84)41,332 (246)Net income49,156 4,656 57,702 9,787 Preferred dividends(289)(289)(578)(578)Net income applicable to common shares$48,867 $4,367 $57,124 $9,209 Net earnings per common shareBasic$0.67 $0.06 $0.78 $0.13 Diluted$0.65 $0.06 $0.77 $0.12 

See accompanying notes to condensed consolidated financial statements.

4

Cantaloupe, Inc.

Condensed Consolidated Statements of Comprehensive Income

(Unaudited)

Three months endedNine months endedMarch 31,March 31,($ in thousands)2025202420252024Net income49,156 $4,656 57,702 $9,787 Other comprehensive income (loss):Foreign currency translation adjustments711 17 (918)(7)Total other comprehensive income (loss)711 17 (918)(7)Total comprehensive income$49,867 $4,673 $56,784 $9,780 

See accompanying notes to condensed consolidated financial statements.

5

Cantaloupe, Inc.

Condensed Consolidated Statements of Convertible Preferred Stock and Shareholders’ Equity

(Unaudited)

Three Months Ended March 31, 2025

($ in thousands, except share data)Convertible Preferred StockCommon StockAdditional Paid-in CapitalAccumulatedDeficitAccumulated Other Comprehensive LossTotal Shareholders' EquitySharesAmountSharesAmountBalance, December 31, 2024385,782 $2,720 73,034,575 $— $483,806 $(291,913)$(1,753)$190,140 Stock-based compensation— — — — 629 — — 629 Vesting of restricted stock— — 187 — — — — — Exercise of stock options— — 5,813 — 53 — — 53 Other comprehensive loss— — — — — — 711 711 Net income— — — — — 49,156 —