Company: CTLPP
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023882
Chunk: 16

Company: CANTALOUPE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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(25,999)8,455 Operating lease liabilities(1,032)(655)Deferred revenue290 174 Net cash provided by operating activities10,914 13,481 Cash flows from investing activities:Capital expenditures(11,917)(9,175)Acquisition of businesses, net of cash acquired(11,132)(4,750)Net cash used in investing activities(23,049)(13,925)Cash flows from financing activities:Proceeds from long-term debt, net of issuance costs38,995 — Payments on long-term debt(38,125)(389)Deferred consideration on the acquisition of a business(673)— Other financing activities(614)96 Net cash used in financing activities(417)(293)Effect of currency exchange rate changes on cash and cash equivalents(31)7 Net decrease in cash and cash equivalents(12,583)(730)Cash and cash equivalents at beginning of year58,920 50,927 Cash and cash equivalents at end of period$46,337 $50,197 Supplemental disclosures of cash flow information:Interest paid in cash$1,944 $2,628 Income taxes paid in cash$779 $142 

See accompanying notes to condensed consolidated financial statements.

8

Cantaloupe, Inc.

 Notes to Condensed Consolidated Financial Statements

(Unaudited)

1. BUSINESS

Cantaloupe, Inc., is organized under the laws of the Commonwealth of Pennsylvania. We are a digital payments and software services company that provides end-to-end technology solutions for self-service commerce. We offer a single platform for self-service commerce which includes integrated payments processing and software solutions that handle inventory management, pre-kitting, route logistics, warehouse and back-office management. Our enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and customer loyalty programs, while providing retailers with control and visibility over their operations and inventory. Our customers range from vending machine companies to operators of micro-markets and smart retail, laundromats, metered parking terminals, amusement and entertainment venues, IoT services and more.Cantaloupe, Inc. and its consolidated subsidiaries are referred to herein collectively as "Cantaloupe," the "Company," "we," "our" or "us," unless the context requires otherwise.

2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation and PreparationThe accompanying unaudited condensed consolidated financial statements include the accounts of the