IMMERSION CORP

For the period ended Jul 31, 2026. Filed Sep 14, 2026.

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.

Jul 31, 2026 · Filed Sep 14, 2026

IMMR$6.94+2.2%Stored close · as of Nov 9, 2026

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

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Contents

Item 5. OTHER INFORMATION

Item 1.	Legal Proceedings	38
Item 1A.	Risk Factors	38
Item 2.	Unregistered Sales of Equity Securities and Use of Proceeds	38
Item 6.	Exhibits	39
SIGNATURES	40

PART I - FINANCIAL INFORMATION

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(In thousands)	July 31, 2026	April 30, 2026
ASSETS
Immersion
Cash and cash equivalents	$167,000	$129,868
Investments – current	34,698	42,168
Accounts receivable, net	4,694	2,112
Prepaid expenses and other current assets	10,407	16,540
	216,799	190,688
Barnes & Noble Education
Cash and cash equivalents	7,806	8,418
Accounts receivable, net	176,686	116,526
Merchandise inventories, net	366,296	298,347
Textbook rental inventories, net	5,844	27,035
Prepaid expenses and other current assets	37,237	34,138
	593,869	484,464
Total Current Assets	810,668	675,152
Immersion
Property and equipment, net	43	57
Long-term deposits	185	188
Other assets – noncurrent	12,988	19,917
	13,216	20,162
Barnes & Noble Education
Property and equipment, net	61,724	68,160
Intangible assets, net	86,771	87,733
Goodwill	69,162	69,162
Operating lease right-of-use assets	125,536	122,238
Other assets – noncurrent	9,437	9,735
	352,630	357,028
Total Assets	$1,176,514	$1,052,342

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(In thousands, except share and per share data)	July 31, 2026	April 30, 2026
LIABILITIES AND STOCKHOLDERS’ EQUITY
Immersion
Accounts payable	$63	$16
Accrued compensation	1,189	41
Deferred revenue – current	2,925	2,926
Other current liabilities	23,169	12,379
	27,346	15,362
Barnes & Noble Education
Accounts payable	210,999	135,564
Accrued liabilities	62,703	64,522
Deferred revenue – current	10,133	10,419
Operating lease liabilities – current	67,971	67,484
	351,806	277,989
Total Current Liabilities	379,152	293,351
Immersion
Deferred revenue – noncurrent	2,133	2,864
Deferred income taxes – noncurrent	12,758	14,177
Other long-term liabilities	12,138	11,726
	27,029	28,767
Barnes & Noble Education
Deferred income taxes – noncurrent	981	2,225
Operating lease liabilities – noncurrent	81,353	84,197
Deferred revenue – noncurrent	2,689	2,774
Other long-term liabilities	2,574	2,623
Long-term borrowings	123,500	71,000
	211,097	162,819
Total Liabilities	617,278	484,937
Commitments and contingencies (Note 16)
Stockholders’ Equity:
Common stock – $0.001 par value; 100,000,000 shares authorized; 50,476,158 and 33,197,541 shares issued and outstanding, respectively, at July 31, 2026; 50,374,852 and 33,125,749 shares issued and outstanding, respectively, at April 30, 2026	50	50
Additional paid-in capital	379,325	379,644
Accumulated other comprehensive income	122	122
Accumulated earnings	33,515	31,165
Treasury stock: 17,278,617 and 17,249,103 shares as of July 31, 2026 and April 30, 2026, respectively, at cost	(114,020)	(113,816)
Total Stockholders’ Equity Attributable to Immersion Corporation Stockholders	298,992	297,165
Noncontrolling interest in consolidated subsidiaries	260,244	270,240
Total Stockholders’ Equity	559,236	567,405
Total Liabilities and Stockholders’ Equity	$1,176,514	$1,052,342

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.