| Cash Flow | 2026-04-30 | 2026-01-31 | 2025-10-31 | 2025-07-31 |
|---|---|---|---|---|
| Net income (loss) | -43,114 | -36,708 | -41,279 | -61,837 |
| Amortization of intangible assets | - | - | 32,068 | 63,052 |
| Amortization expense for intangible assets | 30,866 | 127,346 | - | - |
| Stock-based compensation expense | 2,842 | 1,953 | 3,200 | 8,087 |
| Depreciation expense | 452 | 454 | 455 | 908 |
| Impairment of goodwill | - | - | 20,771 | - |
| Impairment of goodwill and intangible assets | - | 31,716 | - | - |
| Loss on disposal and impairment of goodwill related to disposal group | 15,603 | - | - | - |
| Non-cash interest expense | 596 | 588 | 579 | 1,138 |
| Non-cash operating lease right-of-use asset expense | 404 | 407 | 385 | 812 |
| Non-cash property, equipment, software and operating right-of-use asset impairment charges | - | 14 | 0 | 5 |
| Provision for credit loss expense (recovery) | -16 | 6 | 55 | -180 |
| Fair value adjustment of warrants | - | 0 | - | - |
| Fair value adjustment of interest rate swaps | 1,245 | -127 | -1,478 | -2,128 |
| Unrealized foreign currency (gain) loss | 179 | 2,106 | 1,042 | - |
| (gain) loss on sale of business | - | 0 | - | - |
| Provision for (benefit from) deferred income taxes non-cash | 1,385 | -3,457 | -1,982 | -2,909 |
| Accounts receivable | -80,875 | 70,331 | 8,031 | -85,734 |
| Prepaid expenses and other assets, including long-term | -4,641 | 5,217 | -5,525 | -373 |
| Accounts payable | -6,107 | 280 | -5,802 | 13,027 |
| Accrued expenses and other liabilities, including long-term | -21,289 | 24,225 | -7,087 | -24,848 |
| Deferred revenue | -36,774 | 77,049 | -18,152 | -72,036 |
| Net cash provided by (used in) operating activities | 28,940 | 30,455 | -18,859 | 13,454 |
| Purchase of property and equipment | 425 | 160 | 467 | 1,139 |
| Proceeds from sale of property and equipment | - | 0 | 0 | - |
| Internally developed software - capitalized costs | 3,076 | 3,753 | 4,258 | 8,775 |
| Sale of sumtotal, net of cash transferred | - | 0 | - | - |
| Net cash provided by (used in) investing activities | -3,501 | -3,913 | -4,725 | -9,914 |
| Shares repurchased for tax withholding upon vesting of restricted stock-based awards | 114 | 59 | -140 | 3,331 |
| Payments to acquire treasury stock | - | 0 | - | - |
| Proceeds from (payments on) accounts receivable facility | - | 0 | 0 | 0 |
| Principal payments on term loans | 3,202 | 0 | 1,601 | 3,202 |
| Net cash provided by (used in) financing activities | -3,316 | -59 | -1,461 | -6,533 |
| Effect of exchange rate changes on cash and cash equivalents | -356 | 459 | -839 | 3,076 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | 21,767 | 26,942 | -25,884 | 83 |
| Cash, cash equivalents and restricted cash, beginning of period | 104,478 | 77,536 | 103,337 | - |
| Cash, cash equivalents and restricted cash, end of period | 126,245 | 104,478 | 77,536 | - |
Skillsoft Corp. (SKIL)
Skillsoft Corp. (SKIL)