Rimini Street Inc

For the period ended Dec 31, 2024. Filed Feb 27, 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.

FY2024 · Filed Feb 27, 2025

RMNI$5.41+3.6%Stored close · as of Nov 9, 2026

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

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Contents

Consolidated Balance Sheets

(In thousands, except per share amounts)

	December 31,
	2024	2023
ASSETS
Current assets:
Cash and cash equivalents	$88,792	$115,424
Restricted cash	430	428
Accounts receivable, net of allowance of $653 and $656, respectively	130,784	119,430
Deferred contract costs, current	17,076	17,934
Short-term investments	—	9,826
Prepaid expenses and other	19,194	25,647
Total current assets	256,276	288,689
Long-term assets:
Property and equipment, net	9,891	10,496
Operating lease right-of-use assets	7,161	5,941
Deferred contract costs, noncurrent	22,084	23,559
Deposits and other	5,068	6,109
Deferred income taxes, net	68,583	59,002
Total assets	$369,063	$393,796
LIABILITIES, REDEEMABLE PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT
Current liabilities:
Current maturities of long-term debt	$3,093	$5,912
Accounts payable	5,275	5,997
Accrued compensation, benefits and commissions	33,586	38,961
Other accrued liabilities	20,688	18,128
Operating lease liabilities, current	3,967	4,321
Deferred revenue	257,983	263,115
Total current liabilities	324,592	336,434
Long-term liabilities:
Long-term debt, net of current maturities	82,187	64,228
Deferred revenue, noncurrent	23,214	23,859
Operating lease liabilities, noncurrent	7,064	6,841
Other long-term liabilities	1,451	1,930
Total liabilities	438,508	433,292
Commitments and contingencies (Note 9)
Stockholders’ deficit:
Preferred stock, $0.0001 par value per share. Authorized 99,820 shares (excluding 180 shares of Series A Preferred Stock); no other series has been designated	—	—
Common stock, $0.0001 par value. Authorized 1,000,000 shares; issued and outstanding 91,120 and 89,595 shares, respectively	9	9
Additional paid-in capital	177,533	167,988
Accumulated other comprehensive loss	(7,389)	(4,167)
Accumulated deficit	(238,482)	(202,210)
Treasury stock	(1,116)	(1,116)
Total stockholders’ deficit	(69,445)	(39,496)
Total liabilities and stockholders’ deficit	$369,063	$393,796

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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.