Company: CTLPP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050174
Chunk: 12

Company: CANTALOUPE, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 12
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 Additional paid-in capital488,557 486,759 Accumulated deficit(236,845)(235,926)   Accumulated other comprehensive income126 198 Total shareholders’ equity251,838 251,031 Total liabilities, convertible preferred stock, and shareholders’ equity$389,514 $381,858 

See accompanying notes to condensed consolidated financial statements.

3

Cantaloupe, Inc.

Condensed Consolidated Statements of Operations

(Unaudited)

Three months endedSeptember 30,($ in thousands, except share and per share data)20252024Revenues:Subscription and transaction fees$70,325 $63,792 Equipment sales10,528 7,044 Total revenues80,853 70,836 Costs of sales (exclusive of certain depreciation and amortization):Cost of subscription and transaction fees38,200 35,744 Cost of equipment sales9,139 6,241 Total costs of sales47,339 41,985 Operating expenses:Sales and marketing6,523 5,448 Technology and product development5,014 4,499 General and administrative9,357 11,928 Merger, acquisition and integration expenses7,197 197 Depreciation and amortization3,795 2,672 Total operating expenses31,886 24,744 Operating income1,628 4,107 Other income (expense):Interest income350 447 Interest expense(914)(991)Other income (expense), net(51)186 Total other expense, net(615)(358)Income before income taxes1,013 3,749 Provision for income taxes(1,932)(177)Net (loss) income(919)3,572 Preferred dividends(289)(289)Net (loss) income applicable to common shares$(1,208)$3,283 Net (loss) income per common shareBasic$(0.02)$0.04 Diluted$(0.02)$0.04 

See accompanying notes to condensed consolidated financial statements.

4

Cantaloupe, Inc.

Condensed Consolidated Statements of Comprehensive (Loss) Income

(Unaudited)

Three months ended September 30,($ in thousands)20252024Net (loss) income(919)$3,572 Foreign currency translation adjustments(72)189 Other comprehensive (loss) income