QUANTUM CORP /DE/
For the period ended Dec 31, 2025. Filed Feb 17, 2026.
View on SEC.govAbout 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.
Dec 31, 2025 · Filed Feb 17, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Balance Sheet Information
NOTE 3: BALANCE SHEET INFORMATION
Certain significant amounts included in the Company's condensed consolidated balance sheets consist of the following (in thousands):
Inventories
| December 31, 2025 | March 31, 2025 | |
|---|---|---|
| Finished goods | $5,810 | $10,471 |
| Work in progress | 1,254 | 380 |
| Raw materials | 9,909 | 9,485 |
| Service parts | 656 | 2,098 |
| Total inventories | $17,629 | $22,434 |
Intangibles, net
| December 31, 2025 | March 31, 2025 | |||||
|---|---|---|---|---|---|---|
| Gross | Accumulated Amortization | Net | Gross | Accumulated Amortization | Net | |
| Customer lists | $4,398 | $(4,398) | $— | $4,398 | $(4,117) | $281 |
| Intangible assets, net | $4,398 | $(4,398) | $— | $4,398 | $(4,117) | $281 |
Intangible assets amortization expense was $0.0 million and $0.2 million, and $0.3 million and $0.8 million for the three and nine months ended December 31, 2025 and 2024, respectively. The Company recorded amortization of developed technology in cost of product revenue, and customer lists in sales and marketing expenses in the condensed consolidated statements of operations and comprehensive loss.
Goodwill
As of December 31, 2025 and March 31, 2025, goodwill was approximately $13.0 million. There wereno impairments to goodwill as of December 31, 2025 and March 31, 2025.
| Other Long-Term Assets | ||
|---|---|---|
| December 31, 2025 | March 31, 2025 | |
| Capitalized SaaS implementation costs for internal use, net | $12,504 | $13,910 |
| Capitalized debt costs | — | 2,871 |
| Contract cost asset | 964 | 1,144 |
| Other | 1,509 | 1,463 |
| Total other long-term assets | $14,977 | $19,388 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.