| Cash Flow | 2025-10-31 | 2025-07-31 |
|---|---|---|
| Net income (loss) | -103,116 | -61,837 |
| Amortization of intangible assets | 95,120 | 63,052 |
| Stock-based compensation expense | 11,287 | 8,087 |
| Depreciation expense | 1,363 | 908 |
| Impairment of goodwill | 20,771 | - |
| Non-cash interest expense | 1,717 | 1,138 |
| Non-cash operating lease right-of-use asset expense | 1,197 | 812 |
| Non-cash property, equipment, software and operating right-of-use asset impairment charges | 5 | 5 |
| Provision for credit loss expense (recovery) | -125 | -180 |
| Fair value adjustment of interest rate swaps | -3,606 | -2,128 |
| Unrealized foreign currency (gain) loss | 1,042 | - |
| Provision for (benefit from) deferred income taxes non-cash | -4,891 | -2,909 |
| Accounts receivable | -77,703 | -85,734 |
| Prepaid expenses and other assets, including long-term | -5,898 | -373 |
| Accounts payable | 7,225 | 13,027 |
| Accrued expenses and other liabilities, including long-term | -31,935 | -24,848 |
| Deferred revenue | -90,188 | -72,036 |
| Net cash provided by (used in) operating activities | -5,405 | 13,454 |
| Purchase of property and equipment | 1,606 | 1,139 |
| Proceeds from sale of property and equipment | 0 | - |
| Internally developed software - capitalized costs | 13,033 | 8,775 |
| Net cash provided by (used in) investing activities | -14,639 | -9,914 |
| Shares repurchased for tax withholding upon vesting of restricted stock-based awards | 3,191 | 3,331 |
| Proceeds from (payments on) accounts receivable facility | 0 | 0 |
| Principal payments on term loans | 4,803 | 3,202 |
| Net cash provided by (used in) financing activities | -7,994 | -6,533 |
| Effect of exchange rate changes on cash and cash equivalents | 2,237 | 3,076 |
| Net increase (decrease) in cash, cash equivalents and restricted cash | -25,801 | 83 |
| Cash and cash equivalents at beginning of period | 103,337 | - |
| Cash and cash equivalents at end of period | 77,536 | - |
Skillsoft Corp. (SKIL)
Skillsoft Corp. (SKIL)