MITEK SYSTEMS INC

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

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2025 · Filed Dec 11, 2025

MITK$18.50+7.3%Stored close · as of Nov 9, 2026

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Contents

Consolidated Balance Sheets F-

(amounts in thousands except share data)

	September 30,
	2025	2024
ASSETS
Current assets:
Cash and cash equivalents	$154,153	$93,456
Short-term investments	38,858	36,884
Accounts receivable, net	36,811	31,682
Contract assets, current portion	12,687	15,818
Prepaid expenses	3,050	4,514
Other current assets	2,935	2,697
Total current assets	248,494	185,051
Long-term investments	3,464	11,410
Property and equipment, net	2,314	2,564
Right-of-use assets	2,624	4,662
Intangible assets, net	39,799	54,137
Goodwill	133,457	131,574
Deferred income tax assets	25,334	19,145
Contract assets, non-current portion	1,405	3,620
Other non-current assets	2,218	1,590
Total assets	$459,109	$413,753
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Accounts payable	$3,874	$7,236
Accrued payroll and related taxes	16,837	10,324
Accrued liabilities	343	424
Deferred revenue, current portion	29,061	21,231
Lease liabilities, current portion	890	805
Convertible senior notes	152,216	—
Other current liabilities(1)	5,813	2,127
Total current liabilities	209,034	42,147
Convertible senior notes	—	143,601
Deferred revenue, non-current portion	1,085	753
Lease liabilities, non-current portion	2,080	4,230
Deferred income tax liabilities	295	3,889
Other non-current liabilities	6,357	4,332
Total liabilities	218,851	198,952
Commitments and contingencies (Note 9)
Stockholders’ equity:
Preferred stock, $0.001 par value, 1,000,000 shares authorized, none issued and outstanding, as of September 30, 2025 and 2024	—	—
Common stock, $0.001 par value, 120,000,000 shares authorized, 45,636,531 and 44,998,939 issued and outstanding, as of September 30, 2025 and 2024, respectively	46	45
Additional paid-in capital	265,835	247,326
Accumulated other comprehensive income (loss)	586	(2,302)
Accumulated deficit	(26,209)	(30,268)
Total stockholders’ equity	240,258	214,801
Total liabilities and stockholders’ equity	$459,109	$413,753

(1)September 30, 2024 consolidated balance sheet reflects reclassifications to conform to the current year presentation.

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