Company: CTLPP
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001628280-25-023882
Chunk: 12

Company: CANTALOUPE, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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, 2024, respectively— — Additional paid-in capital484,488 482,329 Accumulated deficit(242,757)(300,459)   Accumulated other comprehensive loss(1,042)(124)Total shareholders’ equity240,689 181,746 Total liabilities, convertible preferred stock, and shareholders’ equity$370,524 $335,568 

See accompanying notes to condensed consolidated financial statements.

3

Cantaloupe, Inc.

Condensed Consolidated Statements of Operations

(Unaudited)

Three months endedNine months endedMarch 31,March 31,($ in thousands, except share and per share data)2025202420252024Revenues:Subscription and transaction fees$65,179 $59,207 $194,056 $170,371 Equipment sales10,248 8,690 25,929 25,568 Total revenues75,427 67,897 219,985 195,939 Costs of sales (exclusive of certain depreciation and amortization):Cost of subscription and transaction fees35,082 32,926 105,979 96,539 Cost of equipment sales8,984 8,064 23,074 23,849 Total costs of sales44,066 40,990 129,053 120,388 Operating expenses:Sales and marketing5,830 5,747 16,663 14,256 Technology and product development4,328 4,916 13,351 12,115 General and administrative8,471 8,552 31,638 29,493 Integration and acquisition (benefits) expenses(534)907 (293)1,078 Depreciation and amortization6,367 2,493 12,405 7,976 Total operating expenses24,462 22,615 73,764 64,918 Operating income6,899 4,292 17,168 10,633 Other income (expense):Interest income368 495 1,213 1,505 Interest (expense) income, net on debt and tax liabilities(39)162 (2,023)(1,947)Other income (expense), net24 (209)12 (158)Total other income (expense), net353 448 (798)(600)Income before income taxes7