Company: CTLPP
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023882
Chunk: 64

Company: CANTALOUPE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 64
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ases by Origination($ in thousands)Up to 1 Year AgoBetween 1 and 2 Years AgoBetween 2 and 3 Years AgoBetween 3 and 4 Years AgoBetween 4 and 5 Years AgoMore than 5 Years AgoTotalCurrent$2,199 $5,135 $4,668 $1,961 $456 $324 $14,743 30 days and under13 67 80 85 56 42 343 31 - 60 days8 64 58 49 47 38 264 61 - 90 days8 62 48 32 36 38 224 Greater than 90 days35 387 625 208 297 1,235 2,787 Total finance receivables$2,263 $5,715 $5,479 $2,335 $892 $1,677 $18,361 The following table represents a rollforward of the allowance for finance receivables for the nine months ended March 31, 2025 and 2024:

11

Nine months ended March 31,($ in thousands)20252024Balance, June 30$1,934 $2,098 Provision for expected losses391 51 Balance, Sept 302,325 2,149 Provision for expected losses108 108 Balance, December 312,433 2,257 Provision for expected losses61 (45)Balance, March 312,494 2,212 There were no material write-offs of finance receivables for the nine months ended March 31, 2025 and 2024.Cash to be collected on our performing finance receivables due for each of the fiscal years is as follows:($ in thousands)AmountRemainder of fiscal year 2025$1,873 20266,042 20274,172 20282,188 2029915 Thereafter178 Total amounts to be collected15,368 Less: interest(592)Less: allowance for credit losses(2,494)Total finance receivables$12,282 

5. LEASES

Lessee AccountingWe have operating leases which are real estate leases used for corporate functions, product development, sales, and other purposes. The following table provides supplemental balance sheet information related to the Company's operating leases:($