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Midas Edge

QUANTUM CORP /DE/

For the period ended Sep 30, 2026. Filed Nov 9, 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.

Sep 30, 2026 · Filed Nov 9, 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 leasesSeptember 30, 2026March 31, 2026
Operating lease right-of-use assets$7,075$7,416
Operating lease liability, current - included in other current liabilities$881$799
Operating lease liability7,7998,172
Total operating lease liabilities$8,680$8,971

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

Three Months Ended September 30,Six Months Ended September 30,
Lease expense2026202520262025
Operating lease expense$527$472$1,067$1,141
Variable lease expense30366375
Short-term lease expense109113217188
Total lease expense$666$621$1,347$1,404
Maturity of Lease LiabilitiesOperating Leases
Remainder of fiscal year 2027$992
20281,638
20291,257
20301,241
20311,285
Thereafter9,569
Total lease payments15,982
Less: Imputed interest(7,302)
Present value of lease liabilities$8,680
Lease Term and Discount Rate
September 30, 2026March 31, 2026
Weighted average remaining operating lease term (years)9.910.2
Weighted average discount rate for operating leases12.69%12.67%

Operating cash outflows related to operating leases totaled $1.1 million and $1.1 million for the six months ended September 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.