| Balance Sheets | 2025-09-30 | 2025-06-30 | ||
|---|---|---|---|---|
| Cash and cash equivalents | 2,336 | 1,985 | ||
| Accounts receivable, net allowance of credit losses of 445 and 307, respectively | 13,749 | 16,073 | ||
| Content advances, net of allowance 4,575 and 4,818 respectively | 5,384 | 5,168 | ||
| Other current assets | 1,789 | 1,637 | ||
| Total current assets | 23,258 | 24,863 | ||
| Property and equipment, net | 3,070 | 2,968 | ||
| Intangible assets, net | 18,405 | 18,449 | ||
| Goodwill | 6,799 | 6,799 | ||
| Content advances, net of current portion | 7,941 | 5,853 | ||
| Other long-term assets | 2,474 | 2,602 | ||
| Total assets | 61,947 | 61,534 | ||
| Deferred revenue | - | 99 | ||
| Accounts payable and accrued expenses | 17,537 | 20,757 | ||
| Line of credit | 6,645 | 3,628 | ||
| Current portion of operating lease liabilities | 293 | 191 | ||
| Current portion of deferred consideration on purchase of business | - | 464 | ||
| Other current liabilities | 49 | - | ||
| Total current liabilities | 24,524 | 25,139 | ||
| Other long-term liabilities | - | 15 | ||
| Operating lease liabilities, net of current portion | 260 | 226 | ||
| Total liabilities | 24,784 | 25,380 | ||
| Preferred stock, 15,000,000 shares authorized series a 10 - 0.001 par value per share 20 shares authorized 7 shares issued and 7 shares outstanding at september 30 and march 31, 2025 | 3,559 | 3,559 | ||
| Common stock, 0.001 par value class a stock 275,000,000 shares authorized as of september 30 and march 31, 2025 19,956,789 and 16,487,947 shares issued, with 19,126,475 and 15,984,129 shares outstanding as of september 30 and march 31, 2025, respectively | 197 | 195 | ||
| Additional paid-in capital | 557,994 | 551,320 | ||
| Treasury stock, at cost 830,315 and 503,819 shares as of september 30 and march 31, 2025, respectively | 13,158 | 13,158 | ||
| Accumulated deficit | -510,235 | -504,557 | ||
| Accumulated other comprehensive loss | -322 | -289 | ||
| Total stockholders' equity of cineverse corp | 38,035 | 37,070 | ||
| Deficit attributable to noncontrolling interest | -872 | -916 | ||
| Total equity | 37,163 | 36,154 | ||
| Total liabilities and equity | 61,947 | 61,534 | ||
Cineverse Corp. (CNVS)
Cineverse Corp. (CNVS)