QUANTUM CORP /DE/

For the period ended Jun 30, 2025. Filed Sep 11, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Sep 11, 2025

QMCO$16.30-4.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Condensed Consolidated Statements of Operations and Comprehensive Loss

(in thousands, except per share amounts, unaudited)

	Three Months Ended June 30,
	2025	2024
Revenue:
Product	$37,535	$42,652
Service and subscription	24,943	26,711
Royalty	1,808	2,902
Total revenue	64,286	72,265
Cost of revenue:
Product	30,745	32,555
Service and subscription	10,829	12,653
Total cost of revenue	41,574	45,208
Gross profit	22,712	27,057
Operating expenses:
Sales and marketing	12,655	13,295
General and administrative	13,569	21,065
Research and development	6,661	8,308
Restructuring charges	2,423	1,192
Total operating expenses	35,308	43,860
Loss from operations	(12,596)	(16,803)
Other income (expense), net	(430)	(41)
Interest expense	(6,516)	(3,790)
Change in fair value of warrant liabilities	—	1,666
Gain (loss) on debt extinguishment	2,559	(695)
Net loss before income taxes	(16,983)	(19,663)
Income tax provision	223	235
Net loss	$(17,206)	$(19,898)
Net loss per share - basic and diluted	$(1.87)	$(4.15)
Weighted average shares - basic and diluted	9,187	4,792
Net loss	$(17,206)	$(19,898)
Foreign currency translation adjustments, net	722	142
Total comprehensive loss	$(16,484)	$(19,756)

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.