Company: CTLPP
Filing Date: 2025-02-06
Form Type: 10-Q
Source: 0001628280-25-004271
Chunk: 15

Company: CANTALOUPE, INC.
Filing Date: 2025-02-06
Form: 10-Q
Item: Part I, Item 1
Chunk 15
---
782 $2,720 72,739,058 $— $480,441 $(307,321)$(24)$173,096 

See accompanying notes to condensed consolidated financial statements.

6

Cantaloupe, Inc.

Condensed Consolidated Statements of Cash Flows

(Unaudited)

Six months endedDecember 31,($ in thousands)20242023Cash flows from operating activities:Net income$8,546 $5,131 Adjustments to reconcile net income to net cash used in operating activities:Stock-based compensation1,830 3,043 Provision for expected losses2,121 2,384 Depreciation and amortization6,920 6,205 Non-cash lease expense879 734 Other997 433 Changes in operating assets and liabilities:Accounts receivable13,265 (12,278)Finance receivables2,264 1,886 Inventory(4,845)(2,941)Prepaid expenses and other assets(1,402)(2,506)Accounts payable and accrued expenses(40,905)(2,915)Operating lease liabilities(796)(530)Deferred revenue(370)122 Net cash used in operating activities(11,496)(1,232)Cash flows from investing activities:Capital expenditures(8,081)(5,912)Acquisition of business, net of cash acquired(9,761)— Net cash used in investing activities(17,842)(5,912)Cash flows from financing activities:Repayment of long-term debt(573)(384)Proceeds from exercise of common stock options— 74 Payment of employee taxes related to stock-based compensation(353)— Net cash used in financing activities(926)(310)Effect of currency exchange rate changes on cash and cash equivalents(977)5 Net decrease in cash and cash equivalents(31,241)(7,449)Cash and cash equivalents at beginning of year58,920 50,927 Cash and cash equivalents at end of period$27,679 $43,478 Supplemental disclosures of cash flow information:Interest paid in cash$1,672 $1,931 Income taxes paid in cash$778 $130 

See accompanying notes to condensed consolidated financial statements.

7

Cantaloupe, Inc.

 Notes to Condensed Consolidated Financial Statements

(Unaudited)

1. BUSINESS

Cantaloupe, Inc., is organized under the laws