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Midas Edge

QUANTUM CORP /DE/

For the period ended Jun 30, 2026. Filed Aug 11, 2026.

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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.

Jun 30, 2026 · Filed Aug 11, 2026

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 5: LEASES

Supplemental condensed consolidated balance sheets information related to leases is as follows (in thousands):

Operating leasesJune 30, 2026March 31, 2026
Operating lease right-of-use assets$7,275$7,416
Operating lease liability, current - included in other accrued liabilities$877$799
Operating lease liability7,9798,172
Total operating lease liabilities$8,856$8,971

The components of lease expense were as follows (in thousands):

Three Months Ended June 30,
Lease expense20262025
Operating lease expense$540$669
Variable lease expense3339
Short-term lease expense10875
Total lease expense$681$783
Maturity of Lease LiabilitiesOperating Leases
Remainder of fiscal year 2027$1,476
20281,618
20291,244
20301,237
20311,285
Thereafter9,569
Total lease payments16,429
Less: Imputed interest(7,573)
Present value of lease liabilities$8,856
Lease Term and Discount Rate
June 30, 2026March 31, 2026
Weighted average remaining operating lease term (years)10.0010.16
Weighted average discount rate for operating leases12.68%12.67%

Operating cash outflows related to operating leases totaled $0.5 million and $0.7 million for the three months ended June 30, 2026 and 2025, respectively.

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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.