Company: CTLPP
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023882
Chunk: 15

Company: CANTALOUPE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 15
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— (918)(918)Net income— — — — — 57,702 — 57,702 Balance, March 31, 2025385,782 $2,720 73,040,575 $— $484,488 $(242,757)$(1,042)$240,689 

Nine  Months Ended March 31, 2024

($ in thousands, except share data)Convertible Preferred StockCommon StockAdditional Paid-in CapitalAccumulatedDeficitAccumulated Other Comprehensive LossTotal Shareholders' EquitySharesAmountSharesAmountBalance, June 30, 2023385,782 $2,720 72,664,464 $— $477,324 $(312,452)$— $164,872 Stock-based compensation— — 119,802 — 4,047 — — 4,047 Exercise of stock options— — 15,000 — 96 — — 96 Other comprehensive income— — — — — — (7)(7)Net income— — — — — 9,787 — 9,787 Balance, March 31, 2024385,782 $2,720 72,799,266 $— $481,467 $(302,665)$(7)$178,795 

See accompanying notes to condensed consolidated financial statements.

7

Cantaloupe, Inc.

Condensed Consolidated Statements of Cash Flows

(Unaudited)

Nine months endedMarch 31,($ in thousands)20252024Cash flows from operating activities:Net income$57,702 $9,787 Adjustments to reconcile net income to net cash provided by operating activities:Stock-based compensation2,459 4,047 Provision for expected losses1,285 3,423 Depreciation and amortization13,778 9,113 Non-cash lease expense1,205 1,070 Deferred income taxes(42,098)134 Other non-cash items42 712 Changes in operating assets and liabilities:Accounts receivable9,509 (16,471)Finance receivables3,584 3,038 Inventory(5,425)(5,584)Prepaid expenses and other assets(4,386)(3,762)Accounts payable and accrued expenses