For the quarter ending 2025-12-31, CRNC has $602,043K in assets. $451,602K in debts.
| Balance Sheets | 2025-12-31 | 2025-09-30 | 2025-06-30 | |
|---|---|---|---|---|
| Gross carrying amount-Customer Relationships | - | -110,236 | - | |
| Accumulated amortization-Customer Relationships | - | -110,236 | - | |
| Gross carrying amount-Technology Based Intangible Assets | - | -90,502 | - | |
| Accumulated amortization-Technology Based Intangible Assets | - | -90,502 | - | |
| Gross carrying amount | - | -200,738 | - | |
| Cash and cash equivalents | 92,130 | 84,017 | 73,672 | |
| Marketable securities | 2,544 | 3,433 | 5,454 | |
| Accumulated amortization | - | -200,738 | - | |
| Accounts receivable, net of allowances of 68 and 68 as of december31, 2025 and september30, 2025, respectively | 51,228 | 58,937 | 62,220 | |
| Intangible assets, net | - | 0 | 0 | |
| Deferred costs | 4,352 | 4,481 | 4,696 | |
| Prepaid expenses and other current assets | 35,886 | 39,889 | 44,057 | |
| Total current assets | 186,140 | 190,757 | 190,099 | |
| Long-term marketable securities | - | 0 | 0 | |
| Property and equipment, net | 36,418 | 35,761 | 34,860 | |
| Deferred costs | 14,855 | 15,501 | 16,183 | |
| Operating lease right of use assets | 15,135 | 16,762 | 17,377 | |
| Goodwill | 299,037 | 299,003 | 299,064 | |
| Deferred tax assets | 32,786 | 54,207 | 59,098 | |
| Other assets | 17,672 | 18,600 | 20,122 | |
| Total assets | 602,043 | 630,591 | 636,803 | |
| Short-term debt | - | 0 | 0 | |
| Accounts payable | 4,859 | 901 | 5,544 | |
| Deferred revenue | 52,438 | 51,865 | 53,249 | |
| Short-term operating lease liabilities | 4,471 | 4,344 | 4,158 | |
| Accrued expenses and other current liabilities | 37,471 | 44,080 | 44,615 | |
| Total current liabilities | 99,239 | 101,190 | 107,566 | |
| Long-term debt | 171,924 | 199,693 | 198,823 | |
| Deferred revenue, net of current portion | 141,905 | 140,021 | 132,742 | |
| Long-term operating lease liabilities | 11,977 | 13,083 | 13,847 | |
| Other liabilities | 26,557 | 25,928 | 28,152 | |
| Total liabilities | 451,602 | 479,915 | 481,130 | |
| Common stock, 0.01 par value, 560,000 shares authorized 45,016 and 43,374 shares issued and outstanding as of december31, 2025 and september30, 2025, respectively | 450 | 434 | 433 | |
| Accumulated other comprehensive loss | -25,768 | -25,469 | -26,034 | |
| Additional paid-in capital | 1,121,452 | 1,116,165 | 1,108,367 | |
| Accumulated deficit | -945,693 | -940,454 | -927,093 | |
| Total stockholders' equity | 150,441 | 150,676 | 155,673 | |
| Total liabilities and stockholders' equity | 602,043 | 630,591 | 636,803 | |
Cerence Inc. (CRNC)
Cerence Inc. (CRNC)