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Midas Edge

QUANTUM CORP /DE/

For the period ended Sep 30, 2025. Filed Nov 13, 2025.

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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.

Sep 30, 2025 · Filed Nov 13, 2025

QMCO$16.99+17.4%Stored close · as of Nov 9, 2026

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

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Contents

Leases

NOTE 6: LEASES

Supplemental balance sheet information related to leases is as follows (in thousands):

Operating LeasesSeptember 30, 2025March 31, 2025
Operating lease right-of-use asset$7,983$8,580
Operating lease liability within other accrued liabilities$702$856
Operating lease liability, net8,6028,934
Total operating lease liabilities$9,304$9,790

Components of lease cost were as follows (in thousands):

Three Months Ended September 30,Six Months Ended September 30,
Lease Cost2025202420252024
Operating lease cost$472$779$1,141$1,491
Variable lease cost368275152
Total lease cost$508$861$1,216$1,643
Maturity of Lease LiabilitiesOperating Leases
Remainder of fiscal year 2026$1,099
20271,852
20281,625
20291,247
20301,244
Thereafter10,855
Total lease payments17,922
Less: imputed interest(8,618)
Present value of lease liabilities$9,304
Lease Term and Discount RateSeptember 30, 2025March 31, 2025
Weighted average remaining operating lease term (years)10.2110.19
Weighted average discount rate for operating leases12.6%12.59%

Operating cash outflows related to operating leases each totaled $1.1 million and $1.4 million for the six months ended September 30, 2025 and 2024, respectively.

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.