Immersion Corporation
(NASDAQ:IMMR)

Immersion Corporation, together with its subsidiaries, creates, designs, develops, and licenses haptic technologies that allow people to use their sense of touch to engage with and experience various digital products in North America, Europe, and Asia. The company provides technology, patent, and co...

Website: http://www.immersion.com

Founded: 1993

Full Time Employees: 56

Sector: Technology

Industry: Software-Application

Technology

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Unit: USD	2026-01-31	2025-10-31	2025-07-31	2025-04-30	2025-01-31	2024-10-31	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2009-12-31	2009-09-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2004-06-30	2004-03-31	2003-09-30	2003-03-31	2002-12-31	2002-09-30	2001-09-30

revenues
immersion
royalty and license	3,396,000	5,760,000	3,872,000	3,084,000	8,437,000	14,127,000	52,403,000	43,847,000	10,380,000	9,474,000	6,918,000	7,009,000	9,099,000	13,931,000	7,918,000	7,230,000	9,672,000	7,068,000	10,881,000	7,068,000	10,870,000	7,531,000	5,593,000	6,182,000	11,379,000	10,549,000	8,668,000	5,047,000	10,768,000	8,462,000	5,992,000	85,335,000	6,662,000	11,636,000	6,785,000	9,006,000	8,918,000	26,049,000	7,615,000	13,448,000	15,782,000	13,944,000	15,939,000	16,012,000	13,331,000	11,714,000	11,602,000	15,157,000	11,574,000	10,951,000	9,980,000	13,649,000	7,603,000	6,371,000	5,930,000	9,085,000	6,806,000	5,875,000	5,882,000	8,353,000	5,402,000	5,141,000	6,304,000	4,000,000	2,841,000	3,781,000	2,861,000	4,761,000	3,171,000	3,461,000	4,019,000	2,904,000	2,747,000	2,211,000	2,356,000	1,336,000	1,702,000	1,910,000	2,615,000	1,473,000	2,329,000	1,899,000	1,831,000	905,000	833,000
barnes & noble education
product and other	471,825,000	598,211,000	274,179,000	229,482,000	423,163,000	559,674,000	45,073,000
rental income	43,267,000	46,203,000	13,981,000	48,810,000	43,162,000	42,448,000	1,948,000
total revenues	518,488,000	650,174,000	292,032,000	281,376,000	474,762,000	616,249,000	99,424,000	43,847,000	10,380,000	9,482,000	6,983,000	7,074,000	9,164,000	14,006,000	7,983,000	7,308,000	9,747,000	7,173,000	11,010,000	7,159,000	10,935,000	7,596,000	5,668,000	6,257,000	11,464,000	10,624,000	8,743,000	5,122,000	10,867,000	8,552,000	6,144,000	85,416,000	6,896,000	11,863,000	7,030,000	9,224,000	9,293,000	26,306,000	7,864,000	13,623,000	16,570,000	14,313,000	16,223,000	16,287,000	13,619,000	12,051,000	11,831,000	15,436,000	12,067,000	11,342,000	10,201,000	13,860,000	8,860,000	7,142,000	6,476,000	9,691,000	7,690,000	6,495,000	6,682,000	9,768,000	6,393,000	6,547,000	8,475,000	6,944,000	6,593,000	6,978,000	8,986,000	10,081,000	9,313,000	8,155,000	9,890,000	9,803,000	8,595,000	6,414,000	8,609,000	6,559,000	6,653,000	6,032,000	6,872,000	5,387,000	6,246,000	5,514,000	5,355,000
yoy	9.21%	5.51%	193.72%	541.72%	4473.82%	6399.15%	1323.80%	519.83%	13.27%	-32.30%	-12.53%	-3.20%	-5.98%	95.26%	-27.49%	2.08%	-10.86%	-5.57%	94.25%	14.42%	-4.61%	-28.50%	-35.17%	22.16%	5.49%	24.23%	42.30%	-94.00%	57.58%	-27.91%	-12.60%	826.02%	-25.79%	-54.90%	-10.61%	-32.29%	-43.92%	83.79%	-51.53%	-16.36%	21.67%	18.77%	37.12%	5.51%	12.86%	6.25%	15.98%	11.37%	36.20%	58.81%	57.52%	43.02%	15.21%	9.96%	-3.08%	-0.79%	20.29%	-0.79%	-21.16%	40.67%	-3.03%	-6.18%	-5.69%	-31.12%	-29.21%	-14.43%	-9.14%	2.84%	8.35%	27.14%	14.88%	49.46%	29.19%	6.33%	25.28%	21.76%	6.52%	9.39%	28.33%
qoq	-20.25%	122.64%	3.79%	-40.73%	-22.96%	519.82%	126.75%	322.42%	9.47%	35.79%	-1.29%	-22.81%	-34.57%	75.45%	9.24%	-25.02%	35.88%	-34.85%	53.79%	-34.53%	43.96%	34.02%	-9.41%	-45.42%	7.91%	21.51%	70.70%	-52.87%	27.07%	39.19%	-92.81%	1138.63%	-41.87%	68.75%	-23.79%	-0.74%	-64.67%	234.51%	-42.27%	-17.79%	15.77%	-11.77%	-0.39%	19.59%	13.01%	1.86%	-23.35%	27.92%	6.39%	11.19%	-26.40%	56.43%	24.05%	10.28%	-33.18%	26.02%	18.40%	-2.80%	-31.59%	52.79%	-2.35%	-22.75%	22.05%	5.32%	-5.52%	-22.35%	-10.86%	8.25%	14.20%	-17.54%	0.89%	14.05%	34.00%	-25.50%	31.25%	-1.41%	10.30%	-12.22%	27.57%	-13.75%	13.28%	2.97%
cost of sales
product and other cost of sales	401,367,000	489,511,000	226,174,000	151,212,000	343,613,000	443,123,000	39,675,000
rental cost of sales	24,212,000	25,591,000	7,420,000	24,833,000	25,330,000	22,387,000	1,131,000
total cost of sales	425,579,000	515,102,000	233,594,000
operating expenses
selling and administrative expenses	2,585,000	2,949,000	3,695,000	3,171,000	5,010,000	4,165,000	14,175,000
depreciation and amortization expense	10,676,000	10,487,000	10,397,000	10,644,000	9,979,000	9,391,000	2,140,000
impairment loss	1,018,000
other expense	1,099,000
total operating expenses	87,924,000	95,014,000	84,793,000	89,453,000	79,613,000	86,332,000	33,212,000	27,233,000	5,344,000	2,963,000	3,870,000	3,815,000
operating income	4,985,000	40,058,000	-26,355,000	15,878,000	26,206,000	64,407,000	25,406,000	16,614,000	5,036,000	6,519,000	3,113,000	3,259,000	5,781,000	10,930,000	4,106,000	3,603,000	5,802,000	3,673,000	5,807,000	2,493,000	5,242,000	2,585,000	-1,059,000	-4,548,000	478,000	-1,275,000	-9,155,000	-11,499,000	-3,546,000	-5,163,000	-8,295,000	70,105,000	-12,216,000	-5,443,000	-14,911,000	-12,852,000	-11,208,000	10,114,000	-9,561,000	-4,608,000	1,289,000	1,283,000	2,217,000	-70,000	1,194,000	1,702,000	117,000	2,954,000	-834,000	1,420,000	758,000	2,260,000	-171,000	-2,938,000	-2,310,000	324,000	225,000	-1,042,000	-1,113,000	1,877,000	-1,964,000	-949,000	510,000	-5,284,000	-9,140,000	-8,200,000	-9,559,000	-26,024,000	-5,624,000	-5,100,000	-1,506,000	-1,091,000	-2,739,000	131,012,000	-1,605,000	-2,773,000	-2,075,000	-2,500,000	-2,646,000	-3,881,000	-2,590,000	-4,876,000	-5,608,000	-4,848,000	-3,655,000	-6,386,000	-3,120,000	-4,561,000
yoy	-80.98%	-37.80%	-203.74%	-4.43%	420.37%	887.99%	716.13%	409.79%	-12.89%	-40.36%	-24.18%	-9.55%	-0.36%	197.58%	-29.29%	44.52%	10.68%	42.09%	-648.35%	-154.82%	996.65%	-302.75%	-88.43%	-60.45%	-113.48%	-75.31%	10.37%	-116.40%	-70.97%	-5.14%	-44.37%	-645.48%	8.99%	-153.82%	55.96%	178.91%	-969.51%	688.31%	-531.26%	6482.86%	7.96%	-24.62%	1794.87%	-102.37%	-243.17%	19.86%	-84.56%	30.71%	387.72%	-148.33%	-132.81%	597.53%	-176.00%	181.96%	107.55%	-82.74%	-111.46%	9.80%	-318.24%	-135.52%	-78.51%	-88.43%	-105.34%	-79.70%	62.52%	60.78%	534.73%	2285.33%	105.33%	-103.89%	-6.17%	-60.66%	32.00%	-5340.48%	-39.34%	-28.55%	-19.88%	-48.73%	-52.82%	-19.95%	-29.14%	-23.65%	79.74%	6.29%
qoq	-87.56%	-251.99%	-265.98%	-39.41%	-59.31%	153.51%	52.92%	229.90%	-22.75%	109.41%	-4.48%	-43.63%	-47.11%	166.20%	13.96%	-37.90%	57.96%	-36.75%	132.93%	-52.44%	102.79%	-344.10%	-76.72%	-1051.46%	-137.49%	-86.07%	-20.38%	224.28%	-31.32%	-37.76%	-111.83%	-673.88%	124.44%	-63.50%	16.02%	14.67%	-210.82%	-205.78%	107.49%	-457.49%	0.47%	-42.13%	-3267.14%	-105.86%	-29.85%	1354.70%	-96.04%	-454.20%	-158.73%	87.34%	-66.46%	-1421.64%	-94.18%	27.19%	-812.96%	44.00%	-121.59%	-6.38%	-159.30%	-195.57%	106.95%	-286.08%	-109.65%	-42.19%	11.46%	-14.22%	-63.27%	362.73%	10.27%	238.65%	38.04%	-60.17%	-102.09%	-8262.74%	-42.12%	33.64%	-17.00%	-5.52%	-31.82%	49.85%	-46.88%	-13.05%	15.68%	32.64%	-42.77%	104.68%	-31.59%
operating margin %	0.96%	6.16%	-9.02%	5.64%	5.52%	10.45%	25.55%	37.89%	48.52%	68.75%	44.58%	46.07%	63.08%	78.04%	51.43%	49.30%	59.53%	51.21%	52.74%	34.82%	47.94%	34.03%	-18.68%	-72.69%	4.17%	-12.00%	-104.71%	-224.50%	-32.63%	-60.37%	-135.01%	82.07%	-177.15%	-45.88%	-212.11%	-139.33%	-120.61%	38.45%	-121.58%	-33.83%	7.78%	8.96%	13.67%	-0.43%	8.77%	14.12%	0.99%	19.14%	-6.91%	12.52%	7.43%	16.31%	-1.93%	-41.14%	-35.67%	3.34%	2.93%	-16.04%	-16.66%	19.22%	-30.72%	-14.50%	6.02%	-76.09%	-138.63%	-117.51%	-106.38%	-258.15%	-60.39%	-62.54%	-15.23%	-11.13%	-31.87%	2042.59%	-18.64%	-42.28%	-31.19%	-41.45%	-38.50%	-72.04%	-41.47%	-88.43%	-104.72%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%
interest income and other income	-4,435,000
interest expense	3,968,000	2,969,000	2,829,000	25,342,000	-4,167,000	-4,547,000																																																																	-256,000	-211,000	-407,000	-406,000				-407,000	-378,000	-398,000	-332,000
income before income taxes	-3,418,000	41,632,000	-21,443,000
income tax benefit	-6,715,000	-14,750,000	7,727,000
net income	-10,133,000	26,882,000	-13,716,000	6,003,000	19,425,000	55,759,000	20,936,000	18,655,000	15,990,000	2,680,000	7,028,000	8,278,000	19,702,000	7,705,000	-1,819,000	5,076,000	1,336,000	3,771,000	5,341,000	2,036,000	8,086,000	2,855,000	-712,000	-4,828,000	979,000	-1,387,000	-8,620,000	-11,016,000	-3,142,000	-4,640,000	-7,758,000	69,883,000	-12,294,000	-5,287,000	-14,845,000	-12,865,000	-38,148,000	7,018,000	-5,556,000	-2,695,000	1,138,000	184,000	1,595,000	-59,000	1,017,000	1,073,000	169,000	1,864,000	35,921,000	1,205,000	776,000	2,253,000	-200,000	-2,990,000	-2,155,000	-219,000	-270,000	-1,412,000	-1,310,000	1,388,000	-2,320,000	-1,133,000	180,000	-4,284,000	-9,014,000	-7,459,000	-9,711,000	-32,298,000	-3,091,000	-2,585,000	-6,084,000	493,000	176,000	122,433,000	-1,982,000	-3,157,000	-2,379,000	-2,906,000	-2,965,000	-4,158,000	-2,829,000	-4,846,000	-6,168,000	-5,217,000	-3,657,000	-6,373,000	-4,432,000	-9,038,000
yoy	-152.16%	-51.79%	-165.51%	-67.82%	21.48%	1980.56%	197.89%	125.36%	-18.84%	-65.22%	-486.37%	63.08%	1374.70%	104.32%	-134.06%	149.31%	-83.48%	32.08%	-850.14%	-142.17%	725.94%	-305.84%	-91.74%	-56.17%	-131.16%	-70.11%	11.11%	-115.76%	-74.44%	-12.24%	-47.74%	-643.20%	-67.77%	-175.33%	167.19%	377.37%	-3452.20%	3714.13%	-448.34%	4467.80%	11.90%	-82.85%	843.79%	-103.17%	-97.17%	-10.95%	-78.22%	-17.27%	-18060.50%	-140.30%	-136.01%	-1128.77%	-25.93%	111.76%	64.50%	-115.78%	-88.36%	24.62%	-827.78%	-132.40%	-74.26%	-84.81%	-101.85%	-86.74%	191.62%	188.55%	59.62%	-6651.32%	-1856.25%	-102.11%	206.96%	-115.62%	-107.40%	-4313.11%	-33.15%	-24.07%	-15.91%	-40.03%	-51.93%	-20.30%	-22.64%	-23.96%	39.17%	-42.28%
qoq	-137.69%	-295.99%	-328.49%	-69.10%	-65.16%	166.33%	12.23%	16.67%	496.64%	-61.87%	-15.10%	-57.98%	155.70%	-523.58%	-135.84%	279.94%	-64.57%	-29.40%	162.33%	-74.82%	183.22%	-500.98%	-85.25%	-593.16%	-170.58%	-83.91%	-21.75%	250.60%	-32.28%	-40.19%	-111.10%	-668.43%	132.53%	-64.39%	15.39%	-66.28%	-643.57%	-226.31%	106.16%	-336.82%	518.48%	-88.46%	-2803.39%	-105.80%	-5.22%	534.91%	-90.93%	-94.81%	2881.00%	55.28%	-65.56%	-1226.50%	-93.31%	38.75%	884.02%	-18.89%	-80.88%	7.79%	-194.38%	-159.83%	104.77%	-729.44%	-104.20%	-52.47%	20.85%	-23.19%	-69.93%	944.90%	19.57%	-57.51%	-1334.08%	180.11%	-99.86%	-6277.25%	-37.22%	32.70%	-18.13%	-1.99%	-28.69%	46.98%	-41.62%	-21.43%	18.23%	42.66%	-42.62%	43.80%	-50.96%
net income margin %	-1.95%	4.13%	-4.70%	2.13%	4.09%	9.05%	21.06%	42.55%	154.05%	28.26%	100.64%	117.02%	214.99%	55.01%	-22.79%	69.46%	13.71%	52.57%	48.51%	28.44%	73.95%	37.59%	-12.56%	-77.16%	8.54%	-13.06%	-98.59%	-215.07%	-28.91%	-54.26%	-126.27%	81.81%	-178.28%	-44.57%	-211.17%	-139.47%	-410.50%	26.68%	-70.65%	-19.78%	6.87%	1.29%	9.83%	-0.36%	7.47%	8.90%	1.43%	12.08%	297.68%	10.62%	7.61%	16.26%	-2.26%	-41.87%	-33.28%	-2.26%	-3.51%	-21.74%	-19.60%	14.21%	-36.29%	-17.31%	2.12%	-61.69%	-136.72%	-106.89%	-108.07%	-320.38%	-33.19%	-31.70%	-61.52%	5.03%	2.05%	1908.84%	-23.02%	-48.13%	-35.76%	-48.18%	-43.15%	-77.19%	-45.29%	-87.89%	-115.18%	-Infinity%	-Infinity%	-Infinity%	-Infinity%	-Infinity%
less: net income attributable to noncontrolling interest	133,000	14,891,000	-12,786,000
net income attributable to immersion stockholders	-10,266,000	11,991,000	-930,000	-5,505,000	15,472,000	27,157,000	28,945,000
earnings per common share attributable to immersion stockholders
basic	-310	370	-30	-230	480	840	910
diluted	-310	360	-30	-220	470	830	890
weighted-average common shares outstanding
basic	32,939,000	32,838,000	32,615,000	32,219,000	32,294,000	32,222,000	31,879,000
diluted	32,939,000	33,240,000	32,615,000	33,003,000	33,055,000	32,917,000	32,525,000
restructuring and other charges		4,296,000	2,896,000	1,063,000	-7,478,000	59,000	2,378,000
interest and other income		4,543,000	7,741,000	-13,506,000	14,803,000	3,540,000	4,609,000	8,106,000	14,257,000		6,759,000	6,526,000	9,251,000	-2,348,000	-6,099,000	2,034,000	1,082,000	438,000	40,000	-316,000	-63,000	174,000	388,000	-228,000	681,000	-24,000	532,000	598,000	681,000	545,000	375,000	231,000	-167,000	200,000	165,000	139,000	-92,000	664,000	33,000	212,000	240,000	-84,000	46,000	-25,000	245,000	-30,000	144,000	-7,000	-12,000	42,000	28,000	10,000	26,000	66,000	68,000	10,000	32,000	58,000	52,000	62,000	62,000	70,000	63,000	96,000	163,000	430,000	642,000	988,000	909,000	1,507,000	1,817,000	1,856,000	1,820,000	361,000	25,000	63,000	84,000	103,000			126,000	39,000	46,000	57,000	11,000	51,000	20,000	301,000
revenues:
operating expenses:
impairment				151,000	604,000
income before provision for income taxes				30,025,000	36,842,000	63,400,000	29,114,000	24,720,000	5,905,500	3,965,000		9,785,000	3,056,500	8,582,000		5,637,000			5,847,000	2,177,000				-4,776,000	1,250,000	-1,299,000		-10,901,000	14,449,500	-4,618,000		70,336,000									1,082,000	1,199,000	2,263,000		1,220,000	1,672,000	261,000	2,947,000																			-9,167,000	-25,036,000			311,000	554,000		130,967,000	-2,077,750	-3,113,000		-2,804,000	-2,502,500	-4,146,000	-2,796,000
provision for income taxes				-8,130,250	-17,417,000	-7,641,000							-316,000	-877,000		-561,000			-506,000	-141,000				-52,000	-271,000	-88,000		-115,000	-78,250	-22,000		-453,000									-411,750	-1,015,000	-668,000		-443,500	-599,000	-92,000	-1,083,000	-71,000	-257,000	-10,000	-17,000	-55,000	-118,000	-66,000	-553,000	-322,250	-428,000	-267,000	-594,000	-274,500	-336,000	-423,000	-144,250	-186,000		-544,000	-7,262,000			-6,395,000	-61,000		-8,534,000	-32,750	-44,000		-102,000	-27,500	-12,000	-33,000
net income attributable to noncontrolling interest				4,447,500	3,953,000	28,602,000
weighted-average common stock outstanding
basic	32,939,000	32,838,000	32,615,000	32,219,000	32,294,000	32,222,000	31,879,000
diluted	32,939,000	33,240,000	32,615,000	33,003,000	33,055,000	32,917,000	32,525,000
net loss attributable to noncontrolling interest
development, services, and other										8,000	65,000	65,000	65,000	75,000	65,000	78,000	75,000	105,000	129,000	91,000	65,000	65,000	75,000	75,000	85,000	75,000	75,000	75,000	99,000	90,000	152,000	81,000	234,000	227,000	245,000	218,000	375,000	257,000	249,000	175,000	788,000	369,000	284,000	275,000	288,000	337,000	229,000	279,000
sales and marketing								1,338,000	890,000	367,000	398,000	96,000	229,000	282,000	218,000	486,000	498,000	443,000	1,194,000	1,106,000	932,000	1,096,000	1,255,000	1,716,000	1,550,000	1,688,000	1,579,000	1,609,000	1,664,000	1,664,000	1,570,000	1,220,000	3,374,000	3,376,000	3,461,000	3,305,000	3,878,000	3,535,000	3,397,000	3,803,000	3,596,000	3,198,000	3,670,000	4,210,000	3,258,000	2,238,000	2,637,000	2,763,000	2,646,000	2,151,000	2,294,000	2,247,000	1,703,000	1,632,000	1,694,000	1,746,000	1,683,000	1,643,000	1,909,000	1,850,000	1,956,000	1,813,000	1,911,000	2,371,000	2,653,000	4,760,000	4,855,000	4,296,000	4,258,000	3,442,000	2,935,000	2,825,000	3,030,000	2,703,000	3,455,000	3,068,000	3,009,000	3,077,000	3,073,000	2,679,000	3,078,000	2,826,000	2,462,000
research and development								42,000	22,000	30,000	99,000	130,000	262,000	254,000	355,000	509,000	708,000	803,000	1,332,000	1,307,000	1,082,000	920,000	1,323,000	1,689,000	1,774,000	1,933,000	1,831,000	2,302,000	2,575,000	2,110,000	2,222,000	2,820,000	2,621,000	3,116,000	2,826,000	3,196,000	3,159,000	2,951,000	2,966,000	4,312,000	4,088,000	3,471,000	3,499,000	3,727,000	3,011,000	2,718,000	3,006,000	3,058,000	3,007,000	2,640,000	2,663,000	2,573,000	2,015,000	2,088,000	2,124,000	2,194,000	1,861,000	2,183,000	2,243,000	2,099,000	2,265,000	2,007,000	2,005,000	2,462,000	2,690,000	3,904,000	3,316,000	3,155,000	2,855,000	3,229,000	2,518,000	2,482,000	2,513,000	2,543,000	2,184,000	1,894,000	1,802,000	1,729,000	1,520,000	1,446,000	1,528,000	2,077,000	1,889,000	1,799,000	1,689,000	1,648,000	1,557,000	1,791,000
general and administrative								25,853,000	4,432,000	2,566,000	3,373,000	3,589,000	2,892,000	2,540,000	3,304,000	2,706,000	2,729,000	2,246,000	2,636,000	2,224,000	3,649,000	2,963,000	4,087,000	7,356,000	7,609,000	8,216,000	14,448,000	12,695,000	10,146,000	9,880,000	10,553,000	11,236,000	11,458,000	10,753,000	15,600,000	15,532,000	13,406,000	9,654,000	11,001,000	10,090,000	7,502,000	6,241,000	6,719,000	8,293,000	6,009,000	5,274,000	5,950,000	6,521,000	8,457,000	4,533,000	3,976,000	6,138,000	4,444,000	5,750,000	4,361,000	4,771,000	3,201,000	3,195,000	3,061,000	3,111,000	3,235,000	3,008,000	3,084,000	5,820,000	6,673,000	4,366,000	4,808,000	4,774,000	5,084,000	4,263,000	3,405,000	2,781,000	3,122,000	3,259,000	-7,560,000	2,463,000	2,296,000	2,811,000	3,081,000	3,073,000	2,198,000	3,589,000	4,878,000	3,579,000	2,156,000	2,211,000	2,062,000	2,116,000
basic net income per share								0.6	0.49	0.08	0.22	0.25	0.59	0.23	-0.05	0.15	0.04	0.12	0.17	0.07	0.28	0.11			0.03	-0.04	-0.27	-0.35	0.473	-0.15	-0.25	2.35									0.015	0.01	0.06		0.028	0.04	0.01	0.07				0.08															-0.35	-1.1	-0.1	-0.08	-0.37	0.02	0.01	4.83
shares used in calculating basic net income per share								31,028	-40	32,523	32,583	32,603	-321	33,201	33,616	33,996	766	32,474	30,982	28,579	-390	26,898			68	31,711	31,578	31,089	119	30,780	30,527	29,700	24	29,245			33	28,849	28,834		70	28,190	28,070	27,818	-174	28,505	28,383	28,370	143	28,558	28,146	27,424			28,058	27,941			28,610	28,249			28,101				-517	29,448	30,356	30,478	894	28,630	26,297	25,343
diluted net income per share								0.59	0.49	0.08	0.21	0.25	0.6	0.23	-0.05	0.15	0.09	0.12	0.17	0.07	-0.023	0.11			-0.168	-0.04	-0.27	-0.35	0.458	-0.15	-0.25	2.29									0.015	0.01	0.06		0.028	0.04	0.01	0.06				0.08															-0.35	-1.1	-0.1	-0.08	-0.22	0.02	0.01	4.13
shares used in calculating diluted net income per share								31,406	-50	32,750	32,810	33,085	-527	33,682	33,616	34,268	704	32,612	31,247	29,180	-30	27,134			68	31,711	31,578	31,089	73	30,780	30,527	30,566	24	29,245			33	29,298	28,834		122	29,134	28,906	27,818	-211	29,351	29,210	29,382	133	29,653	29,293	28,294			28,058	27,941				28,960			28,519				-517	29,448	30,356	30,478	259	31,399	28,619	29,683
other comprehensive income, net of tax
deferred gains on available-for-sale marketable debt securities									424	320	365	565
realized gains on available-for-sale marketable debt securities reclassified to net income
total comprehensive income								18,483	16,497	3,000	7,326	8,653	19,961	8,049	-2,873	5,317	1,095	4,302	5,341	2,036	8,086	2,855		-4,830	971	-1,393	-8,604	-11,010	-3,133	-4,642	-7,753	69,888	-12,296	-5,277			-38,151	6,995	-5,533		1,113	189	1,598	-58	1,002	1,076	170	1,865	35,918	1,215	777	2,250			-2,153	-238
realized losses on available-for-sale marketable debt securities reclassified to net income									83
total other comprehensive income									248.25	320	298					241								-2	-8	-6	16	6	9	-2	5	5	-2	10	-2	-22	-3	-23	23	32	-25	5	3	1	-15	3	1	1	-3	10	1		2	6	2	-19
income before benefit from income taxes											9,872,000				-1,993,000		5,155,000	4,111,000			5,847,000	2,759,000
benefit from income taxes															174,000		-3,819,000	-340,000			2,239,000	96,000	-41,000
costs and expenses:
cost of revenues																4,000	10,000	8,000	41,000	29,000	30,000	32,000	62,000	44,000	53,000	62,000	40,000	15,000	28,000	61,000	94,000	35,000	39,000	61,000	54,000	43,000	58,000	51,000	59,000	23,000	93,000	117,000	115,000	115,000	135,000	104,000	101,000	120,000	76,000	111,000	127,000	148,000	386,000	273,000	214,000	315,000	342,000	192,000	247,000
total costs and expenses													3,383,000	3,076,000	3,877,000	3,705,000	3,945,000	3,500,000	5,203,000	4,666,000	5,693,000	5,011,000	6,727,000	10,805,000	10,986,000	11,899,000	17,898,000	16,621,000	14,413,000	13,715,000	14,439,000	15,311,000	19,112,000	17,306,000	21,941,000	22,076,000	20,501,000	16,192,000	17,425,000	18,231,000	15,281,000	13,030,000	14,006,000	16,357,000	12,425,000	10,349,000	11,714,000	12,482,000	12,901,000	9,922,000	9,443,000	11,600,000	9,031,000	10,080,000	8,786,000	9,367,000	7,465,000	7,537,000	7,795,000	7,891,000	8,357,000	7,496,000	7,965,000	12,228,000	15,733,000	15,178,000	18,545,000	36,105,000	14,937,000	13,255,000	11,396,000	10,894,000	11,334,000	-124,598,000	-26,556,000	9,332,000	8,728,000	8,532,000	9,518,000	9,268,000	8,836,000	10,390,000	10,963,000
change in unrealized gains on available-for-sale securities													-117.25	344		241
change in unrealized losses on available-for-sale securities															-1,054
total other comprehensive loss															-1,054																																					-3
other comprehensive income
change in unrealized gains (loss) on short-term investments																	132.75	531			-0.5			-2	4	-6
loss before benefit from income taxes																							-671,000
basic net loss per share																							-0.03	-0.16
shares used in calculating basic net loss per share																							27,634	31,006
diluted net loss per share																							-0.03	-0.16
shares used in calculating diluted net loss per share																							27,634	31,006
total comprehensive loss																							-712												-14,847	-12,887				-2,663													-198	-2,984
income before benefit for income taxes																											-8,623,000				-7,920,000													-95,000																									-4,715,000	-3,593,000			-1,326,000
benefit for income taxes																											3,000				162,000		-73,750	-44,000	-99,000	-152,000	316,000	-3,760,000	3,323,000	1,701,000				36,000																						-91,000			1,624,000	1,008,000			1,502,000				15,000
change in unrealized gains on short-term investments																											16	6	9	-2	5	5	-2	10	-2	-22	-24	-23	23	32	-25	5	3	1	-15	3	1	1	1.5	10	1	-3	-2.75	6	2	-19
other comprehensive income, net of tax:
income from continuing operations before benefit for income taxes																																	-8,175,500	-5,243,000			-786,500	10,778,000	-9,528,000
income from continuing operations																																	-12,294,000	-5,287,000			-38,148,000	7,018,000	-6,205,000										35,921,000	1,205,000	776,000				-2,308,000	-219,000			-1,328,000	1,345,000			150,000
income from discontinued operations, net of tax
basic net income per share:
continuing operations																																	-0.42	-0.18	-0.51		-1.32	0.24	-0.22										1.27	0.04	0.03		-0.01	-0.11	-0.08	-0.01	-0.01	-0.05	-0.05	0.05	-0.09	-0.04	0.01	-0.15	-0.32	-0.28
discontinued operations																																							0.02																											0.01
total																																	-0.42	-0.18	-0.51		-1.32	0.24	-0.2										1.27	0.04	0.03		-0.01	-0.11	-0.08	-0.01	-0.01	-0.05	-0.05	0.05	-0.08	-0.04	0.01	-0.15	-0.32	-0.27																358	513
diluted net income per share:
loss from continuing operations before benefit for income taxes																																			-14,746,000
loss from continuing operations																																			-14,845,000																		-200,000	-2,990,000			-270,000	-1,412,000			-2,307,000	-1,215,000		-6,146,500	-9,017,000	-7,861,000
basic and diluted net loss per share:																																				-0.44
shares used in calculating basic and diluted net loss per share																																			29,193	29,024				28,493													-150	27,658			-31	28,918			26	28,134		6,990.5	27,994	27,924									37	24,590	24,546	24,419	77	24,132	24,050	23,198	20,791	20,384	20,144	81	20,113	18,785
loss before benefit for income taxes																																				-12,713,000				-4,396,000																																					-2,394,000
amortization of intangibles																																						1,000	2,000	3,000	2,000	3,000	3,000	12,000	12,000	15,000	20,000	20,000																		376,000	195,000	179,000	170,000	235,000	263,000	243,000	242,000	254,000	313,000	227,000	219,000	210,000	206,000	314,000	369,000	356	392
income from discontinued operations																																					162,250		649,000
basic and diluted net loss per share																																								-0.09																																			-0.08	-0.13	-0.1	-0.12	-0.12	-0.17	-0.12	-0.21	-0.3	-0.26	-0.18	-0.32	-0.22	-0.48
product sales																																																	61,000	12,000	13,000	19,000	837,000	529,000	344,000	272,000	691,000	345,000	546,000	1,001,000	768,000	1,217,000	1,850,000	2,406,000	3,467,000	2,751,000	5,512,000	4,755,000	5,386,000	3,851,000	4,242,000	5,420,000	5,289,000	3,590,000	5,539,000	4,261,000	3,917,000	3,366,000	3,434,000	3,376,000	3,257,000	2,879,000	2,444,000	2,080,000	2,148,000	2,892,000	2,612,000	2,327,000
development contracts and other																																																	194,750	379,000	208,000	192,000	420,000	242,000	202,000	334,000	193,000	275,000	254,000	414,000	223,000	189,000	321,000	538,000	285,000	446,000	613,000	565,000	756,000	843,000	1,629,000	1,479,000	559,000	613,000	714,000	962,000	1,034,000	756,000	823,000	538,000	660,000	736,000	1,080,000	1,076,000	755,000	1,114,000	987,000	881,000
amortization, abandonment, and impairment of intangibles																																																	341,000	487,000	383,000	494,000
income from continuing operations before provision for income taxes																																																	-846,000	1,462,000	786,000				-2,242,000					1,939,000
discontinued operations (note 10) :
gain on sales of discontinued operations net of provision for income taxes of 0, 0, 0, and 97
gain on sales of discontinued operations net of provision for income taxes of 0, 97, 0, and 97
income before provison for income taxes																																																				2,270,000
other comprehensive loss
amortization, impairment, and abandonment of intangibles																																																					483,000	337,000	393,000	341,000
loss from continuing operations before provison for income taxes																																																					-1,195,000	-2,872,000
gain on sales of discontinued operations net of provision for income taxes of 0, 0, 97, and 39																																																					38,250
gain on sales of discontinued operations net of provision for income taxes of 97, 12, 97, and 39																																																							153,000
income from continuing operations before provison for income taxes																																																								334,000			-1,061,000				573,000
gain on sales of discontinued operations net of provision for income taxes of 0 and 27
amortization and impairment or abandonment of intangibles																																																									254,000	324,000	335,000
loss from continuing operations before provision for income taxes																																																									-26,500	-984,000			-1,904,000	-879,000		-6,002,250	-8,831,000	-7,770,000
discontinued operations (note 11) :
gain on sales of discontinued operations net of provision for income taxes of 0, 18, 39 and 18																																																									15,250
gain on sales of discontinued operations net of provision for income taxes of 12, 0, 39 and 1																																																											18,000
cost of product sales																																																												474,000	314,000	457,000	761,000	1,433,000	3,293,000	1,126,000	4,834,000	2,951,000	2,570,000	2,086,000	2,275,000	2,563,000	2,427,000	1,543,000	2,056,000	1,980,000	1,802,000	1,355,000	1,638,000	1,756,000	1,663,000	1,540,000	1,221,000	1,161,000	1,106,000	1,494,000	1,623,000	1,421,000
amortization and impairment of intangibles																																																												357,000	587,000	211,000	204,000	212,000	243,000
gain on sales of discontinued operations net of provision for income taxes of 27 and 1																																																												43,000
restructuring costs																																																																-70,000	181,000	646,000
change in fair value of warrant liability																																																																27,000	146,000
discontinued operations (note 9) :
gain on sales of discontinued operations net of provision for income taxes of 18, 0, 18, and 0																																																													35,500	82,000
gain from discontinued operations, net of provision for income taxes of 0, 76, 1, and 178																																																													250
gain on sales of discontinued operations net of provision for income taxes of 0																																																															30,000	51,750	20,000	167,000
gain from discontinued operations, net of provision for income taxes of 0, (48), 1, and 102
litigation settlements, conclusions and patent license
interest and other expense																																																																4,000											-303,250	-403,000	-403,000					-9,000	-606,000	-426,000	-13,000	-440,750	-1,332,000	-4,778,000
gain from discontinued operations, net of provision for income taxes of 76, 252, 178, and 576																																																																96,000	-17,000
gain from discontinued operations, net of provision for income taxes of 150 and 195																																																																		235,000
litigation settlement, conclusions, and patent license																																																																			5,187,500	20,750,000
litigation conclusions and patent license																																																																										-134,900,000
litigation settlement																																																																											-300,000	-300,000	-400,000	-650,000
interest income																																																																															93,250	131,000
other income																																																																															-250	2,000
amortization of intangibles and deferred stock compensation *																																																																																		358,000	513,000	609,000	649,000	593,500	748,000
* amortization of intangibles and deferred stock compensation
deferred stock compensation — sales and marketing
deferred stock compensation — research and development																																																																																		2	121
deferred stock compensation — general and administrative
other charges																																																																																						99,250
royalty revenue																																																																																						936,250	878,000	1,263,000
amortization of intangibles and deferred stock compensation																																																																																								1,301,000
acquisition related and other charges																																																																																								100,000

Balance Sheets:

Quarterly

Annual

Unit: USD	2026-01-31	2025-10-31	2025-07-31	2025-04-30	2025-01-31	2024-10-31	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2009-12-31	2009-09-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2004-06-30	2004-03-31	2003-09-30	2003-03-31	2002-12-31	2002-09-30	2001-09-30

assets
immersion
cash and cash equivalents	119,688,000	115,197,000	82,800,000	63,550,000	68,505,000	68,920,000	28,932,000	91,097,000	56,071,000	28,701,000	25,820,000	27,484,000	48,820,000	36,767,000	57,390,000		51,490,000	90,601,000	107,274,000	102,624,000	59,522,000	55,961,000	54,101,000	76,229,000	86,478,000	86,585,000	92,614,000	102,654,000	110,988,000	112,633,000	116,437,000	119,128,000	24,622,000	19,263,000	33,152,000	43,110,000	56,865,000	61,974,000	20,334,000	20,879,000	25,013,000	33,167,000	52,636,000	40,355,000	14,380,000	10,139,000	17,217,000	24,365,000	14,136,000	16,664,000	6,904,000	30,223,000	4,558,000	13,889,000	8,397,000	8,587,000	7,298,000	14,509,000	15,899,000	16,222,000	12,243,000	13,128,000	14,987,000	19,828,000	25,772,000	36,997,000	64,769,000	102,083,000	97,535,000	137,981,000	86,493,000	105,459,000	110,630,000	137,586,000	32,012,000	29,037,000	30,860,000	30,945,000	28,171,000	28,683,000	29,422,000	18,214,000	18,788,000	26,896,000	5,767,000	8,717,000	8,686,000	13,424,000
investments – current	48,094,000	59,758,000	77,351,000	88,789,000	76,221,000	78,809,000
accounts receivable	2,330,000	3,590,000	2,638,000	2,767,000	3,117,000	4,315,000	18,235,000																																																					1,080,000		849,000	1,968,000		2,448,000			5,276,000	5,315,000	3,281,000		5,277,000	6,691,000	3,261,000		5,458,000	4,325,000	3,766,000	4,650,000		5,291,000					3,645,000
prepaid expenses and other current assets	17,523,000	12,532,000	12,720,000	11,331,000	19,299,000	14,846,000	8,647,000	8,701,000	9,847,000	7,589,000	8,135,000	8,925,000	9,347,000	7,731,000	9,550,000	11,788,000	13,432,000	11,739,000	11,942,000	11,213,000	12,610,000	9,950,000	8,791,000	9,275,000	14,078,000	11,988,000	8,240,000	8,774,000	9,856,000	7,802,000	5,821,000	5,616,000	736,000	978,000	989,000	727,000	2,876,000	2,995,000	2,940,000	2,679,000	2,790,000	3,022,000	2,134,000	597,000	845,000	1,085,000	1,094,000	550,000	690,000	870,000	945,000	523,000	706,000	773,000	743,000	423,000	479,000	704,000	617,000	585,000	3,821,000	4,158,000	3,981,000	4,474,000	3,333,000	3,205,000	3,225,000	4,830,000	4,200,000	4,271,000	3,036,000	798,000	912,000	1,071,000	1,179,000	857,000	1,044,000	1,089,000	1,131,000	865,000	1,312,000	710,000	973,000	342,000	975,000	1,151,000	435,000	680,000
immersion - sum	187,635,000	191,077,000	175,509,000	166,437,000	167,142,000	166,890,000	153,428,000
barnes & noble education
merchandise inventories	329,425,000	329,123,000	400,565,000	299,564,000	326,825,000	315,469,000	353,454,000
textbook rental inventories	43,662,000	48,477,000	8,890,000	26,439,000	41,033,000	49,672,000	9,288,000
total current assets	1,013,381,000	934,244,000	796,873,000	631,823,000	925,975,000	852,826,000	678,641,000	193,836,000	172,450,000	160,845,000	168,016,000	159,065,000	160,320,000	144,620,000	148,339,000	160,357,000	153,323,000	134,539,000	122,128,000	115,871,000	74,350,000	67,277,000	64,681,000	91,091,000	106,960,000	109,464,000	114,818,000	127,892,000	135,825,000	139,530,000	143,529,000	147,253,000	48,080,000	55,579,000	66,339,000	78,613,000	94,030,000	101,148,000	60,877,000	68,259,000	68,934,000	74,603,000	87,677,000	90,218,000	70,604,000	74,989,000	84,423,000	90,448,000	80,184,000	65,983,000	65,910,000	68,323,000	46,436,000	50,623,000	56,470,000	61,686,000	58,889,000	65,892,000	67,576,000	67,685,000	66,588,000	67,606,000	70,648,000	73,439,000	78,123,000	92,561,000	99,419,000	134,268,000	147,070,000	155,229,000	153,667,000	150,660,000	150,480,000	149,472,000	40,983,000	37,771,000	38,646,000	38,461,000	36,607,000	38,100,000	38,633,000	23,894,000	25,125,000
property and equipment	72,000	85,000	104,000	113,000	127,000	142,000	166,000	170,000	211,000	231,000	252,000	272,000	293,000	362,000	376,000	405,000	444,000	220,000	246,000	254,000	209,000	242,000	252,000	283,000	1,226,000	1,768,000	1,947,000	2,144,000	2,343,000	2,540,000	2,716,000	2,903,000	3,150,000	3,405,000	3,638,000	3,855,000	4,016,000	4,068,000	4,241,000	4,412,000	4,589,000	4,778,000	4,929,000	2,581,000	1,207,000	1,280,000	1,364,000	1,154,000	944,000	984,000	1,118,000	1,193,000	1,281,000	1,426,000	1,520,000	1,624,000	1,737,000	1,279,000	1,466,000	1,696,000	1,931,000	2,164,000	2,375,000	3,498,000	3,871,000	4,379,000	3,827,000	3,202,000	2,636,000	2,124,000	2,112,000	2,122,000	1,859,000	1,597,000	1,647,000	1,724,000	1,733,000	1,393,000	1,366,000	1,142,000	1,088,000	1,294,000	1,368,000	1,443,000	1,840,000	2,044,000	2,305,000	3,178,000
investments – noncurrent		3,263,000	13,876,000	13,880,000	44,118,000	37,347,000
long-term deposits	201,000	6,152,000	6,223,000	6,188,000	6,149,000	6,293,000	6,310,000	6,394,000	6,231,000	6,230,000	6,304,000	4,306,000	4,324,000	4,425,000	4,451,000	4,917,000	9,658,000	11,928,000	12,353,000	12,296,000	12,571,000	11,884,000	11,700,000
other assets – noncurrent	20,866,000	20,683,000	20,489,000	27,362,000	27,774,000	24,398,000
intangible assets	88,695,000	89,657,000	90,619,000	91,581,000	92,542,000	93,504,000	94,786,000
goodwill	69,162,000	69,162,000	69,162,000	69,162,000	10,116,000	14,220,000	14,220,000																																																																																3,758,000
operating lease right-of-use assets	152,231,000	160,776,000	165,551,000	155,281,000	150,403,000	169,250,000	182,292,000
deferred tax assets	1,418,000				865,000	3,342,000	3,343,000	3,343,000	3,343,000	7,217,000	7,217,000	7,217,000	7,217,000
total assets	1,432,720,000	1,377,095,000	1,261,709,000	1,102,273,000	1,370,543,000	1,320,118,000	1,187,666,000	244,702,000	215,731,000	204,681,000	202,493,000	197,118,000	190,110,000	171,217,000	174,018,000	180,861,000	175,520,000	160,523,000	141,949,000	136,408,000	96,130,000	87,436,000	85,620,000	107,489,000	124,848,000	127,742,000	135,036,000	148,481,000	145,995,000	146,695,000	151,037,000	155,335,000	51,975,000	59,772,000	70,777,000	83,196,000	103,767,000	137,623,000	101,158,000	105,448,000	105,415,000	108,603,000	113,824,000	118,634,000	97,521,000	104,095,000	114,163,000	120,010,000	110,575,000	84,132,000	83,603,000	85,787,000	63,442,000	67,496,000	72,923,000	77,813,000	74,679,000	80,942,000	82,241,000	81,962,000	80,875,000	81,923,000	84,681,000	87,834,000	92,567,000	107,298,000	113,191,000	147,532,000	163,265,000	170,200,000	168,368,000	161,954,000	161,203,000	159,827,000	50,015,000	46,738,000	47,380,000	46,710,000	44,760,000	45,977,000	46,464,000	32,035,000	33,178,000	41,580,000	21,686,000	25,301,000	29,253,000	39,561,000
liabilities and stockholders’ equity
accounts payable	44,000	54,000	20,000	13,000	16,000	51,000	81,000	21,000	47,000	44,000	54,000	22,000	86,000	14,000	77,000	53,000	2,000	117,000	144,000	469,000	149,000	174,000	474,000	937,000	809,000	2,176,000	7,371,000	12,375,000	3,612,000	758,000	3,359,000	4,256,000	6,647,000	4,835,000	10,237,000	6,951,000	5,951,000	2,418,000	2,590,000	2,978,000	650,000	1,539,000	1,243,000	1,670,000	669,000	1,019,000	1,366,000	1,949,000	682,000	618,000	598,000	1,599,000	338,000	1,717,000	1,678,000	1,879,000	365,000	550,000	764,000	609,000	393,000	1,273,000	1,978,000	1,382,000	2,350,000	2,460,000	2,842,000	2,213,000	1,647,000	2,196,000	1,657,000	1,511,000	1,971,000	1,352,000	2,334,000	1,234,000	1,011,000	890,000	2,179,000	1,717,000	1,049,000	2,673,000	1,931,000	1,339,000	1,015,000	1,160,000	840,000	1,268,000
accrued compensation	457,000	741,000	490,000	343,000	190,000	2,860,000	2,850,000	3,187,000	3,127,000	616,000	1,306,000	770,000	2,029,000	1,270,000	1,125,000	567,000	555,000	729,000	1,641,000	933,000	1,001,000	831,000	1,803,000	1,989,000	2,844,000	2,381,000	1,945,000	1,360,000	3,948,000	2,573,000	3,180,000	2,552,000	4,133,000	1,916,000	2,355,000	2,079,000	4,753,000	3,242,000	3,265,000	2,769,000	4,840,000	3,631,000	3,183,000	2,621,000	1,906,000	1,665,000	2,060,000	2,198,000	4,680,000	3,353,000	2,459,000	1,756,000	2,502,000	2,412,000	2,089,000	1,764,000	2,830,000	2,722,000	2,374,000	2,063,000	3,507,000	2,261,000	1,686,000	1,387,000	1,304,000	2,248,000	3,010,000	3,041,000	2,900,000	2,151,000	1,828,000	2,083,000	1,697,000	1,673,000	1,526,000	1,272,000	1,287,000	1,219,000	1,193,000	1,148,000	1,200,000	1,263,000	1,287,000	950,000	1,007,000	671,000	773,000	975,000
deferred revenue – current	2,927,000	2,929,000	2,934,000	2,938,000	2,942,000	2,956,000
other current liabilities	11,537,000	8,779,000	9,677,000	10,240,000	30,427,000	25,478,000	27,605,000	14,586,000	11,900,000	20,424,000	15,734,000	14,046,000	12,465,000	7,729,000	13,602,000	15,955,000	11,247,000	4,962,000	2,972,000	2,718,000	2,457,000	2,252,000	2,446,000	4,173,000	3,478,000	4,202,000	5,968,000	6,314,000	3,194,000	5,703,000	4,046,000	3,296,000	3,896,000	4,015,000	3,886,000	5,330,000	4,409,000	4,242,000	3,503,000	2,782,000	2,999,000	1,639,000	3,216,000	3,778,000	2,225,000	1,483,000	2,119,000	2,492,000	1,653,000	1,379,000	1,035,000	3,246,000	1,022,000	2,478,000	1,778,000	1,915,000	2,054,000	1,129,000	968,000	1,320,000	1,488,000	1,140,000	1,341,000	3,087,000	3,458,000	3,247,000	3,466,000	25,184,000	2,479,000	2,300,000	2,629,000	1,926,000	2,056,000	2,134,000	1,750,000	1,988,000	2,112,000	1,803,000	1,604,000	2,492,000	2,246,000	1,429,000	2,567,000	1,420,000	1,098,000	1,311,000	1,353,000	1,570,000
accrued liabilities	126,857,000	62,686,000	49,507,000	44,295,000	77,272,000	60,508,000	69,638,000
operating lease liabilities – current	39,981,000	43,230,000	46,439,000	48,796,000	74,474,000	88,730,000
total current liabilities	553,974,000	495,713,000	357,989,000	265,884,000	538,606,000	517,197,000	437,809,000	30,108,000	19,313,000	25,815,000	21,860,000	19,604,000	19,346,000	13,776,000	19,453,000	21,311,000	16,630,000	10,722,000	9,767,000	9,218,000	8,780,000	8,493,000	9,340,000	11,716,000	11,823,000	13,425,000	20,026,000	24,865,000	15,345,000	13,728,000	15,354,000	15,024,000	19,100,000	15,651,000	21,482,000	19,262,000	21,022,000	17,524,000	15,047,000	15,472,000	15,185,000	19,473,000	25,409,000	33,151,000	12,579,000	17,174,000	23,565,000	30,019,000	15,935,000	16,536,000	18,082,000	25,740,000	7,796,000	11,258,000	10,654,000	11,554,000	9,369,000	8,860,000	9,163,000	9,550,000	9,817,000	8,993,000	10,621,000	12,434,000	13,766,000	13,838,000	14,443,000	35,091,000	12,465,000	12,420,000	10,592,000	11,484,000	15,570,000	21,013,000	7,326,000	6,673,000	6,742,000	5,953,000	7,722,000	9,012,000	8,980,000	8,091,000	7,733,000
deferred revenue – noncurrent	3,595,000	4,326,000	5,058,000	5,790,000	6,522,000	7,262,000
deferred income taxes – noncurrent	12,677,000	14,002,000	11,403,000	11,034,000
other long-term liabilities	11,603,000	12,372,000	12,372,000	13,344,000	4,933,000	4,946,000	4,959,000	4,925,000		345,000	347,000	345,000	435,000	479,000	494,000	706,000	896,000	1,153,000	1,435,000	1,709,000	2,035,000	2,505,000	2,979,000	3,304,000	3,316,000	3,072,000	3,355,000	3,609,000	787,000	1,163,000	1,190,000	1,374,000	915,000	937,000	963,000	990,000	1,012,000	926,000	882,000	837,000	1,099,000	752,000	704,000	631,000	512,000	451,000	476,000	501,000	528,000	551,000	573,000	598,000	619,000	584,000	604,000	588,000	245,000	455,000	478,000	522,000	538,000	563,000	578,000	560,000	220,000	217,000	212,000	651,000	1,750,000	1,732,000	1,720,000	790,000	792,000	783,000	775,000	34,000	38,000	44,000	49,000	79,000
operating lease liabilities – noncurrent	132,389,000	133,852,000	135,912,000	121,093,000	106,468,000	114,290,000
long-term borrowings	138,400,000	122,500,000	170,000,000	103,098,000	141,200,000	177,551,000	186,644,000
total liabilities	870,718,000	803,242,000	715,624,000	543,578,000	804,250,000	837,631,000	761,746,000	43,246,000	32,629,000	35,248,000	32,457,000	31,389,000	32,410,000	28,063,000	34,281,000	37,511,000	34,225,000	29,734,000	30,223,000	31,110,000	32,149,000	33,422,000	35,890,000	39,745,000	41,091,000	43,313,000	51,326,000	57,548,000	46,335,000	46,298,000	49,080,000	50,063,000	42,318,000	39,923,000	46,814,000	45,606,000	48,427,000	45,939,000	17,345,000	17,430,000	18,800,000	24,208,000	31,847,000	40,095,000	20,918,000	26,643,000	34,503,000	42,448,000	29,904,000	25,297,000	27,637,000	36,084,000	18,801,000	23,056,000	23,211,000	24,807,000	23,058,000	23,667,000	24,778,000	26,037,000	27,191,000	27,221,000	29,759,000	32,093,000	33,269,000	31,966,000	31,768,000	52,499,000	29,959,000	29,118,000	26,581,000	25,848,000	47,661,000	52,276,000	73,007,000	69,026,000	67,446,000	65,196,000	61,555,000	60,526,000	57,030,000	30,522,000	39,340,000
commitments and contingencies
stockholders’ equity:
common stock – 0.001 par value...	50,000	50,000	50,000		49,000	49,000	48,000
additional paid-in capital	378,901,000	377,050,000	376,179,000	374,327,000	384,749,000	382,174,000	322,692,000
accumulated other comprehensive income	122,000	312,000	354,000	535,000	1,911,000	1,531,000	1,335,000	1,530,000	1,702,000	1,195,000	875,000	577,000	202,000	-57,000	-401,000	653,000	412,000	653,000	122,000	122,000	122,000	122,000	122,000	122,000	124,000	132,000	138,000	122,000	116,000	107,000	109,000	104,000	99,000	101,000	91,000	93,000	115,000	118,000	141,000	118,000	86,000	111,000	106,000	103,000	102,000	117,000	114,000	113,000	112,000	115,000	105,000	106,000	109,000	107,000	101,000	99,000	118,000	139,000	142,000	124,000	120,000	132,000	139,000	66,000	121,000	40,000	109,000	135,000	88,000	118,000	137,000	121,000	74,000	67,000	67,000	83,000	85,000	64,000	64,000	71,000	54,000	22,000	29,000	24,000	1,000			-10,000
accumulated earnings	29,961,000	42,743,000	32,256,000	34,691,000	41,710,000	34,535,000
treasury stock	-113,651,000	-113,219,000	-113,019,000	-111,477,000					-104,742,000				-95,200,000	-93,168,000	-87,790,000	-86,175,000	-81,733,000	-81,733,000	-81,733,000	-81,733,000	-81,733,000	-81,733,000	-81,733,000	-63,066,000	-51,091,000	-48,350,000	-48,350,000	-48,350,000	-48,350,000	-47,441,000	-47,441,000	-46,872,000	-46,872,000	-46,872,000	-46,544,000	-46,544,000	-46,544,000	-46,367,000	-45,638,000	-45,638,000	-45,638,000	-45,569,000	-45,569,000	-45,569,000	-45,569,000	-42,567,000	-37,560,000	-37,451,000	-30,569,000	-30,569,000	-30,569,000	-30,569,000	-30,569,000	-30,096,000	-26,896,000	-24,848,000	-24,848,000	-18,586,000	-18,398,000	-18,398,000	-18,398,000	-18,398,000	-18,398,000	-18,389,000	-18,397,000	-18,397,000	-18,389,000	-13,351,000	-6,155,000
total stockholders' equity attributable to immersion corporation stockholders	295,383,000	306,936,000	295,820,000		319,166,000	310,881,000	230,272,000
noncontrolling interest in consolidated subsidiaries	266,619,000	266,917,000	250,265,000	260,570,000	247,127,000	171,606,000	195,648,000
total stockholders' equity	562,002,000	573,853,000	546,085,000		566,293,000	482,487,000	425,920,000
total liabilities and stockholders’ equity	1,432,720,000	1,377,095,000	1,261,709,000	1,102,273,000	1,370,543,000	1,320,118,000	1,187,666,000	244,702,000	215,731,000	204,681,000	202,493,000	197,118,000	190,110,000	171,217,000	174,018,000	180,861,000	175,520,000	160,523,000	141,949,000	136,408,000	96,130,000	87,436,000	85,620,000	107,489,000	124,848,000	127,742,000	135,036,000	148,481,000	145,995,000	146,695,000	151,037,000	155,335,000	51,975,000	59,772,000	70,777,000	83,196,000	103,767,000	137,623,000	101,158,000	105,448,000	105,415,000	108,603,000	113,824,000	118,634,000	97,521,000	104,095,000	114,163,000	120,010,000	110,575,000	84,132,000	83,603,000	85,787,000	63,442,000	67,496,000	72,923,000	77,813,000	74,679,000	80,942,000	82,241,000	81,962,000	80,875,000	81,923,000	84,681,000	87,834,000	92,567,000	107,298,000	113,191,000	147,532,000	163,265,000	170,200,000	168,368,000	161,954,000	161,203,000	159,827,000								32,035,000		41,580,000	21,686,000	25,301,000	29,253,000	39,561,000
other assets - noncurrent				11,181,000	11,722,000	11,383,000	33,775,000
stockholders’ equity
common stock – 0.001 per share par value; 100,000,000 shares authorized; 49,433,320 and 32,502,969 shares issued and outstanding at april 30, 2025, respectively; 47,636,273 and 31,528,977 shares issued and outstanding at december 31, 2023, respectively.				49,000
total stockholders’ equity attributable to immersion corporation stockholders				298,125,000
total stockholders’ equity				558,695,000				201,456,000	183,102,000	169,433,000	170,036,000	165,729,000	157,700,000	143,154,000	139,737,000	143,350,000	141,295,000	130,789,000	111,726,000	105,298,000	63,981,000	54,014,000	49,730,000	67,744,000	83,757,000	84,429,000	83,710,000	90,933,000	99,660,000	100,397,000	101,957,000	105,272,000	9,657,000	19,849,000	23,963,000	37,590,000	55,340,000	91,684,000	83,813,000	88,018,000	86,615,000	84,395,000	81,977,000	78,539,000	76,603,000	77,452,000	79,660,000	77,562,000	80,671,000	58,835,000	55,966,000	49,703,000	44,641,000	44,440,000	49,712,000	53,006,000	51,621,000	57,275,000	57,463,000	55,925,000	53,684,000	54,702,000	54,922,000	55,741,000	59,298,000	75,332,000	81,423,000	95,033,000	133,306,000	141,082,000	141,787,000	136,106,000	113,542,000	107,551,000								1,513,000
current assets:
accounts receivables					354,241,000	275,847,000
current liabilities:
other noncurrent liabilities					3,261,000	11,120,000			4,926,000
deferred tax liabilities						2,050,000
investments - current							97,614,000	88,010,000		121,997,000	131,718,000	120,920,000		96,779,000
investments - noncurrent							45,163,000	40,958,000		29,855,000	20,249,000	25,604,000		18,520,000
deferred revenue - current							12,082,000	12,314,000	4,239,000	4,731,000	4,766,000	4,766,000		4,763,000
operating lease liabilities - current							100,221,000
deferred revenue - noncurrent							8,665,000	8,213,000		9,088,000	10,250,000	11,440,000	12,629,000	13,808,000
deferred tax liabilities - net							636,000
operating lease liabilities - noncurrent							107,400,000
accumulated earning							11,560,000
accounts and other receivables								6,028,000	2,241,000	2,558,000	2,343,000	1,736,000	1,235,000	3,343,000	1,923,000	2,079,000	1,970,000	4,171,000	2,912,000	2,034,000	2,218,000	1,366,000	1,789,000	5,587,000	3,385,000	1,865,000	4,967,000	1,505,000	1,051,000	1,260,000	1,026,000	2,667,000	806,000	6,478,000	3,335,000	1,909,000	1,382,000	3,248,000	1,671,000	4,774,000	1,213,000	1,503,000	1,100,000	1,902,000	3,021,000	2,992,000	1,348,000	769,000	598,000	294,000	873,000	3,342,000	1,878,000		2,748,000	2,962,000
other assets								1,000	146,000	303,000	455,000	654,000	916,000	3,290,000	3,705,000	4,001,000	12,095,000	13,836,000	7,222,000	7,987,000	9,000,000	8,033,000	8,987,000	16,115,000	16,662,000	16,510,000	18,271,000	18,445,000	7,532,000	4,254,000	4,421,000	4,808,000	344,000
common shares, ...								322,310,000		322,747,000	322,870,000	322,847,000		326,097,000	325,351,000	324,476,000
accumulated deficit									-36,040,000				-70,016,000	-89,718,000	-97,423,000	-95,604,000	-100,680,000	-102,016,000	-105,787,000	-111,128,000	-113,164,000	-121,250,000	-124,105,000	-123,393,000	-118,565,000	-119,544,000	-118,157,000	-109,537,000	-98,521,000	-95,379,000	-91,156,000	-83,398,000	-171,616,000	-159,322,000	-154,035,000	-139,190,000	-119,329,000	-81,181,000	-88,199,000	-82,643,000	-79,948,000	-81,086,000	-81,270,000	-82,865,000	-82,806,000	-83,823,000	-84,896,000	-85,065,000	-86,929,000	-107,487,000	-108,692,000	-109,468,000	-111,721,000	-111,521,000	-108,531,000	-106,376,000	-106,157,000	-105,887,000	-104,475,000	-103,165,000	-104,553,000	-102,233,000	-101,100,000	-98,626,000	-94,342,000	-75,372,000	-67,913,000	-58,202,000	-25,904,000	-22,813,000	-20,228,000	-14,144,000	-14,637,000	-14,813,000	-137,246,000	-135,264,000	-132,107,000	-129,728,000	-126,822,000	-123,857,000	-119,699,000	-104,013,000	-99,167,000	-89,343,000	-79,682,000	-76,025,000	-69,652,000	-56,527,000
investments-current									104,291,000				100,918,000
investments-noncurrent									33,350,000				17,040,000
deferred revenue-noncurrent									8,390,000
common stock and additional paid-in capital – 0.001 par value...									322,182,000				322,714,000				323,296,000				258,756,000				253,289,000				246,415,000				228,046,000				221,098,000				212,115,000				204,876,000				198,057,000				186,822,000				182,508,000
deferred revenue-current													4,766,000
marketable equity securities															79,476,000	83,532,000
marketable debt securities															17,147,000	11,181,000
deferred revenue															4,649,000	4,736,000	4,826,000	4,914,000	5,010,000	5,098,000	5,173,000	5,236,000	4,617,000	4,617,000	4,692,000	4,666,000	4,742,000	4,816,000	4,591,000	4,694,000	4,769,000	4,920,000	4,424,000	4,885,000	5,004,000	4,902,000	5,909,000	7,622,000	5,689,000	6,943,000	6,696,000	12,664,000	17,767,000	25,082,000	7,779,000	13,007,000	18,020,000	23,380,000	8,920,000
long-term deferred revenue															14,334,000	15,494,000	16,699,000	17,859,000	19,021,000	20,183,000	21,334,000	22,424,000	23,571,000	24,725,000	25,952,000	26,816,000	27,945,000	29,074,000	30,203,000	31,407,000	32,536,000	33,665,000	22,303,000	23,335,000	24,369,000	25,354,000	26,393,000	27,489,000	1,416,000	1,121,000	2,516,000	3,983,000	5,734,000	6,313,000	7,827,000	9,018,000	10,462,000	11,928,000	13,441,000	8,045,000	8,817,000	9,581,000	10,221,000	10,999,000	11,738,000	12,450,000	13,229,000	14,010,000	14,795,000	15,623,000	16,494,000	17,415,000	18,310,000	18,851,000	18,972,000
cash																62,958,000
marketable securities																	86,431,000	28,028,000
contingencies
common stock and additional paid-in capital — 0.001 par value...																		313,885,000	299,124,000	298,037,000		256,875,000	255,446,000	254,081,000		252,191,000	250,079,000	248,698,000		243,110,000	240,445,000	235,438,000		225,942,000	224,451,000	223,231,000		219,114,000	217,509,000	216,181,000		210,939,000	208,710,000	206,870,000		203,725,000	202,002,000	199,965,000		196,776,000	195,122,000	189,634,000		185,950,000	185,038,000	184,131,000		181,609,000	180,194,000	177,364,000		175,201,000	174,281,000	172,679,000	171,905,000	167,337,000	165,885,000	164,720,000	163,546,000	162,046,000	160,147,000	148,398,000	125,206,000	118,618,000	110,501,000	109,207,000	108,270,000	107,492,000
short-term investments																									3,019,000	9,026,000	8,997,000	14,959,000	13,930,000	17,835,000	20,245,000	19,842,000	21,916,000	28,860,000	28,863,000	32,867,000	32,907,000	32,931,000	35,932,000	39,927,000	39,918,000	33,990,000	18,998,000	37,987,000	42,981,000	52,989,000	56,980,000	56,980,000	56,976,000	47,990,000	56,982,000	33,994,000	38,988,000	33,985,000	43,964,000	48,968,000	48,987,000	48,979,000	48,971,000	48,954,000	48,961,000	48,962,000	48,938,000	43,900,000	43,968,000	43,933,000	20,974,000	16,976,000	31,835,000	2,034,000	51,619,000	31,782,000	24,890,000
deferred income tax assets																													295,000	371,000	371,000	371,000	401,000	437,000	437,000	359,000	359,000	25,510,000	30,754,000	26,262,000	24,633,000	21,458,000	17,221,000	25,557,000	25,419,000	27,527,000	28,031,000	28,046,000	29,066,000																				3,999,000	4,013,000	4,031,000
prepaid income taxes																																					4,997,000	6,502,000	4,997,000	6,270,000	6,995,000	7,495,000
intangibles and other assets																																		351,000	363,000	369,000	365,000	395,000	289,000	245,000	264,000	269,000	3,997,000	278,000	291,000	299,000	345,000	362,000	381,000	17,165,000	16,575,000	16,271,000	15,725,000	15,447,000	14,933,000	14,503,000	14,053,000	13,771,000	13,199,000	12,581,000	12,356,000	12,153,000	11,658,000	10,897,000	10,573,000	10,358,000	9,945,000			8,834,000	8,558,000	9,172,000	8,864,000	8,758,000	7,385,000	7,243,000	7,001,000	6,856,000	6,787,000	6,735,000	6,743,000	6,847,000	6,685,000	6,613,000	6,601,000	6,616,000
deferred income taxes																																										2,921,000	12,809,000	9,377,000	9,377,000	7,784,000	7,784,000	7,784,000	7,784,000	165,000	165,000	165,000	165,000	215,000	215,000	215,000	215,000	342,000	342,000	342,000	342,000	250,000	250,000	248,000	311,000	226,000	226,000	211,000	3,857,000	3,620,000	3,351,000	4,267,000	4,267,000	4,267,000
inventories																																																			41,000	76,000	141,000	359,000	403,000	531,000	423,000	579,000	448,000	502,000	406,000	259,000	524,000	2,001,000	2,291,000	4,136,000	3,396,000	4,892,000	4,328,000	4,042,000	3,674,000	3,077,000	3,090,000	3,287,000	2,639,000	2,419,000	2,417,000	2,661,000	2,655,000	3,019,000	2,608,000	2,242,000	2,393,000	2,125,000	2,382,000	2,128,000	2,353,000	2,020,000
deferred revenue and customer advances																																																		11,186,000	13,990,000	19,139,000	3,934,000	4,651,000	5,109,000	5,996,000	4,120,000	4,459,000	5,057,000	5,558,000	4,429,000	4,319,000	5,616,000	6,578,000	6,654,000	5,883,000	5,125,000	4,653,000	5,439,000	5,773,000		5,302,000	6,763,000	4,819,000	1,716,000	2,179,000	2,332,000	2,038,000	2,741,000	3,647,000	4,475,000	2,705,000	1,920,000	5,075,000	2,436,000	3,515,000	1,034,000
deferred income tax liabilities																																																		165,000	165,000	165,000	165,000	215,000	215,000	215,000	215,000	342,000	342,000	342,000	342,000	250,000	250,000	248,000	311,000	226,000	226,000	211,000
accounts and other receivables (net of allowances for doubtful accounts as of:
september 30, 2012 — 134 and december 31, 2011 — 21)																																																						1,402,000
accounts and other receivables (net of allowances for doubtful accounts of:
2011 – 21; 2010 – 97)																																																									1,487,000
september 30, 2011 — 25 and december 31, 2010 — 97)																																																										779,000
june 30, 2011 — 29 and december 31, 2010 — 97)																																																											1,299,000
accounts receivable (net of allowances for doubtful accounts of:
2010 – 97; 2009 – 207)																																																													815,000
common stock and additional paid-in capital - 0.001 par value...																																																													176,515,000
warrants																																																																11,000	11,000	1,724,000	1,731,000	1,731,000	1,731,000	1,731,000	1,731,000	1,731,000	2,899,000	3,679,000	3,686,000	3,686,000	3,686,000	3,686,000	3,686,000	3,686,000	3,686,000	1,974,000	1,974,000	1,974,000	1,974,000	1,974,000	1,974,000	1,990,000
2009 — 207; 2008 — 436)																																																																2,988,000
accounts receivable (net of allowances for doubtful accounts of: march 31, 2009 — 954 and december 31, 2008 — 436																																																																		4,064,000
long-term deferred revenue, less current portion																																																																		17,685,000	16,887,000	16,546,000	15,744,000	14,966,000	14,269,000	13,574,000	12,861,000	12,200,000	31,784,000	29,355,000	27,860,000	26,551,000	21,294,000	19,103,000	15,889,000	7,351,000	4,157,000	4,320,000	5,479,000	4,559,000	4,542,000
2008 — 436; 2007 — 85)																																																																			6,829,000
intangibles, net and other assets																																																																				10,062,000	9,560,000
2007 — 85; 2006 — 139)																																																																							5,494,000
deferred revenue, current and customer advances																																																																							4,478,000
long-term debt																																																																									18,438,000
long-term customer advance from microsoft																																																																											15,000,000	15,000,000	15,000,000	15,000,000	15,000,000	15,000,000	15,000,000	15,069,000	27,437,000	26,417,000
income taxes payable																																																																								662,000	3,083,000	11,035,000
long-term debt, less current portion																																																																										18,280,000	18,122,000	17,964,000	17,806,000	17,648,000	17,490,000	17,332,000	17,161,000	11,000	13,000	19,000	26,000	26,000	28,000	521,000
2006, 139; and 2005, 383)																																																																											5,153,000
liabilities and stockholders’ deficit
current portion of long-term debt																																																																														3,000	5,000	8,000	10,000	10,000	10,000					3,913,000
stockholders’ deficit:
total stockholders’ deficit																																																																											-22,992,000	-22,288,000	-20,066,000	-18,486,000	-16,795,000	-14,549,000	-10,566,000		-6,162,000
total liabilities and stockholders’ deficit																																																																											50,015,000	46,738,000	47,380,000	46,710,000	44,760,000	45,977,000	46,464,000		33,178,000
common stock, 0.001 par value...																																																																															106,277,000
deferred stock compensation																																																																																		-7,000	-9,000	-340,000	-815,000	-1,046,000	-1,725,000	-3,343,000
september 30, 2005, 196 and december 31, 2004, 159)																																																																																5,533,000
current portion of capital lease obligation																																																																																		11,000	18,000	26,000	21,000	22,000	22,000	21,000
common stock — 0.001 par value...																																																																																105,551,000	105,393,000	103,537,000	91,011,000					89,087,000
accounts receivable,																																																																																		2,728,000	2,971,000	3,161,000	3,121,000		3,880,000
other investments																																																																																				1,000,000	1,000,000	1,000,000	1,000,000	2,200,000
current portion of long-term debt and warrant liability																																																																																				10,000	33,000	64,000	599,000
capital lease obligation, less current portion																																																																																				4,000	21,000	25,000	31,000	52,000
warrant liability																																																																																								44,000
accumulated other comprehensive loss																																																																																						-16,000	-16,000
purchased intangibles and other assets																																																																																							6,836,000	12,842,000
accounts receivable, (net of allowances for doubtful accounts of:
note receivable from stockholder

Cashflow Statements:

Quarterly

Annual

Unit: USD	2026-01-31	2025-10-31	2025-07-31	2025-04-30	2025-01-31	2024-06-30	2024-03-31	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2009-12-31	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2004-06-30	2004-03-31	2003-03-31	2002-12-31

cash flows from operating activities:
net income	-10,133,000	26,882,000	-13,716,000	6,003,000	19,425,000	20,936,000	18,655,000	15,990,000	2,680,000	7,028,000	8,278,000	19,702,000	7,705,000	-1,819,000	5,076,000	1,336,000	3,771,000	5,341,000	2,036,000					979,000	-1,387,000	-8,620,000	-11,016,000	-3,142,000	-4,640,000	-7,758,000	69,883,000					-38,148,000	7,018,000			1,138,000	184,000	1,595,000	-59,000	1,017,000	1,073,000	169,000	1,864,000	35,921,000	1,205,000	776,000	2,253,000			-2,155,000	-219,000			-1,310,000	1,388,000					-9,711,000	-32,298,000	-3,091,000	-2,585,000	-6,084,000	493,000	176,000	122,433,000
adjustments to reconcile net income to cash flows from operating activities:
depreciation and amortization expense	10,701,000	10,513,000	10,423,000	10,669,000
impairment loss
stock-based compensation	1,860,000	2,707,000	4,388,000	4,309,000	4,585,000	1,191,000	1,077,000	869,000	819,000	761,000	946,000	756,000	729,000	791,000	1,141,000	341,000	415,000	1,051,000	531,000	1,323,000	1,339,000	1,365,000	729,000	1,093,000	1,187,000	1,081,000	2,103,000	2,420,000	2,514,000	2,530,000	1,222,000	2,029,000	1,338,000	1,178,000	1,557,000	1,308,000	1,214,000	1,255,000	2,334,000	1,225,000	1,276,000	1,229,000	1,740,000	1,237,000	1,131,000	1,344,000	1,583,000	1,206,000	1,249,000	1,152,000	1,037,000	800,000	808,000	818,000	720,000	850,000	940,000	981,000	784,000	979,000	897,000	775,000	1,241,000	1,090,000	1,039,000	965,000	964,000	787,000	699,000	609,000	634,000	796,000	724,000	694,000	723,000
loss on disposal of property and equipment	62,000	219,000	1,929,000	-2,097,000	191,000
net losses on investment in marketable securities	5,805,000	403,000	-2,203,000
net losses on derivative instruments	200,000	-2,932,000	-3,782,000												2,795,000
shares issued to an employee in lieu of cash compensation	157,000	53,000	126,000	44,000	727,000	763,000	553,000	57,000	48,000	105,000	385,000	73,000	0
deferred income tax	-5,490,000
income tax expense related to write-down of long-term deposits
other noncash	32,000	56,000	-38,000	1,464,000
changes in operating assets and liabilities, net of acquisitions:
accounts and other receivables	-100,210,000	-154,005,000	-63,696,000	258,093,000	-77,196,000							2,108,000	-1,420,000	156,000	-109,000	2,201,000	-1,259,000	-878,000	184,000	-852,000	423,000	3,798,000	-2,202,000	-1,520,000	3,102,000	-3,462,000	-454,000	209,000	-234,000	1,641,000	-1,861,000	5,672,000	-3,137,000	-1,432,000	-527,000	1,866,000	-1,577,000	3,101,000	-3,561,000	290,000	-394,000	807,000	1,111,000	-42,000	-1,633,000	-593,000	-171,000	-305,000	596,000	2,461,000	-1,480,000	-476,000	1,245,000	202,000	-1,475,000	-628,000	525,000
merchandise inventories	-302,000	71,442,000	-101,003,000	27,263,000	-11,356,000
textbook rental inventories	4,815,000	-39,587,000	17,549,000	9,917,000	8,638,000
prepaid expenses and other current assets	-8,625,000	13,542,000	-16,380,000	15,401,000	-8,419,000	3,075,000	1,146,000	-1,524,000	-1,443,000	2,084,000	383,000	-1,617,000	1,820,000	2,238,000	1,644,000	-1,693,000	203,000	-729,000	1,396,000	-2,661,000	-1,159,000	486,000	4,820,000	-2,135,000	-3,778,000	511,000	1,028,000	-2,145,000	-1,655,000	-331,000	116,000	242,000	11,000	-262,000	150,000	119,000	-55,000	-261,000	111,000	232,000	-888,000	-1,537,000	248,000	240,000	9,000	-544,000	140,000	180,000	75,000	-422,000	183,000	67,000	-30,000	-320,000	56,000	225,000	-87,000	-32,000	3,236,000			-1,143,000	20,000	1,604,000	-631,000	70,000	-1,234,000	-2,239,000	128,000	159,000	110,000	-325,000	152,000	49,000	53,000	-267,000	449,000	272,000	136,000
long-term deposits	13,000			13,000	13,000						18,000	4,082,000	-3,958,000	461,000	4,611,000	77,000	93,000			-188,000
changes in lease right-of-use assets and liabilities	2,835,000	-115,000	2,192,000	-16,611,000	-3,231,000
other assets	121,000	110,000	7,343,000	-711,000	-2,608,000		109,000	109,000	106,000	118,000	113,000	-3,858,000	4,087,000	240,000	757,000	855,000	689,000	565,000	843,000	723,000	723,000	770,000	-22,000	-1,530,000	1,326,000	244,000	-11,419,000	-3,278,000	167,000	447,000	-4,524,000													-19,000	17,000	-21,000	-16,000	-94,000	-17,000	-28,000	-13,000	-9,000	-20,000	-5,000	-20,000	-27,000	-35,000	-28,000	-26,000			0		0	-7,000	22,000	-3,000												-490,000	-404,000
accounts payable and accrued liabilities	39,608,000	122,353,000	93,039,000	-238,765,000	22,031,000
other current liabilities	-2,227,000	161,000	2,147,000	-23,521,000	2,400,000	12,153,000	6,191,000	-4,115,000	-765,000	3,243,000	602,000	-2,302,000	1,399,000	-795,000	-77,000	1,288,000	307,000	330,000	280,000	212,000	-177,000	-1,710,000	422,000	-713,000	-1,757,000	-350,000	2,092,000
deferred revenue	20,209,000	18,643,000	1,160,000	-40,138,000	11,337,000	728,000	7,898,000					-1,176,000	-412,000	-1,247,000	-1,295,000	-1,248,000	-1,258,000	-1,250,000	-1,226,000	-1,153,000	-528,000	-1,154,000	-1,302,000	-838,000	-1,204,000	-1,204,000	-904,000	-1,307,000	-1,204,000	-1,280,000	25,197,000	-1,493,000	-1,153,000	-883,000	-2,046,000	-2,809,000	28,006,000	-959,000	-1,148,000	-7,435,000	-6,854,000	-7,894,000	15,789,000	-6,419,000	-6,457,000	-6,826,000	12,947,000
other long-term liabilities	-119,000	-517,000	-121,000	12,725,000	-7,858,000			3,505,000				1,031,000	-275,000	-320,000	-355,000	-375,000	-377,000	-372,000	-367,000	-465,000	-305,000	-922,000	261,000	-268,000	-264,000	-264,000	4,495,000	-342,000	-28,000	-183,000	422,000	-29,000	-28,000	-28,000	-22,000	86,000	44,000	45,000	-262,000	347,000	48,000	73,000	119,000	61,000	-25,000			-23,000	-22,000	-25,000	-21,000	35,000	-20,000	16,000	343,000	-210,000	-23,000	-17,000	-16,000	67,000	5,000	277,000	5,000	-439,000	-1,099,000	18,000	12,000	930,000	10,000	10,000	10,000
net cash flows from operating activities	-33,762,000	70,635,000	-61,653,000	50,098,000	-43,699,000
cash flows from investing activities:
purchases of marketable securities and other investments	-2,144,000	10,107,000	-28,012,000	-21,037,000	-32,959,000							-20,206,000
proceeds from sale or maturities of marketable securities and other investments	11,081,000	17,668,000	41,447,000	23,175,000	40,267,000	32,278,000	48,707,000	41,202,000	58,160,000	41,671,000	30,771,000	24,489,000	30,349,000	24,977,000	39,899,000
proceeds from sale of derivative instruments	7,727,000	5,106,000	416,000	5,360,000	7,369,000	1,742,000	3,853,000	4,056,000	8,401,000	3,643,000	5,844,000	5,095,000	1,898,000	2,455,000	6,817,000	17,162,000
payments for settlement of derivative instruments	-2,941,000	-1,671,000	-909,000	-3,693,000	-3,406,000						-1,369,000	-3,208,000	-1,941,000	-3,798,000	-5,105,000
acquisition of business net of cash acquired				-1,732,000	0
purchase of property and equipment	-3,730,000	-4,315,000	-3,736,000	-3,103,000	-2,547,000
proceeds from disposition of property and equipment
net cash flows from investing activities	9,993,000	26,895,000	9,206,000	-1,030,000	8,724,000
cash flows from financing activities:
proceeds from borrowings	254,800,000	185,900,000	163,300,000	219,698,000	212,311,000
repayment of borrowing	-238,900,000	-233,400,000	-96,400,000	-257,799,000	-248,663,000
proceeds from sale of barnes & noble education common stock, net of commissions and issuance costs
equity issuance costs
payment of deferred financing costs
dividend payments to stockholders	-2,517,000				-8,297,000
payment of finance lease principal	0
shares withheld to cover payroll taxes	-422,000	-200,000	-1,542,000	-1,016,000	-676,000							-75,000
other financing activities											6,000
net cash from financing activities	10,255,000	-51,088,000	65,358,000		22,344,000									-1,614,000	-4,403,000	9,071,000	14,346,000	37,000	38,749,000	558,000	90,000	-18,667,000	-11,912,000	-2,736,000	925,000	300,000	180,000	-23,000	150,000	1,908,000	6,170,000	75,000	-175,000	42,000	576,000	499,000	-338,000	73,000	1,732,000	110,000	953,000	611,000	254,000	-2,930,000	-4,412,000	-76,000	-5,897,000	75,000	405,000	4,336,000	1,775,000	-401,000	-3,257,000	-1,798,000	903,000	-6,401,000	475,000	1,849,000	65,000	335,000	23,000	8,000	204,000	-5,655,000	-6,261,000	-5,624,000	934,000	12,211,000	2,604,000	2,869,000	7,476,000	498,000	213,000	82,000	489,000	723,000	169,000	150,000	888,000
net increase in cash, cash equivalents and restricted cash	-13,514,000	46,442,000	12,911,000		-12,631,000
cash, cash equivalents, and restricted cash:
beginning of period	0	0	92,273,000	0	0	0	56,071,000	0	0	0	48,820,000	0	0				0	0	59,522,000		0	0	86,478,000		0	0	110,988,000		0	0	24,622,000		0	0	56,865,000		0	0	25,013,000		0	0	14,380,000		0	0	14,136,000
end of period	-13,514,000	46,442,000	105,184,000	7,041,000	-12,631,000	-40,685,000	91,097,000	27,370,000	2,881,000	-1,664,000	27,484,000	12,053,000	-20,623,000				-16,673,000	4,650,000	102,624,000		1,860,000	-22,128,000	76,229,000		-6,029,000	-10,040,000	102,654,000		-3,804,000	-2,691,000	119,128,000		-13,889,000	-9,958,000	43,110,000		41,640,000	-545,000	20,879,000		-19,469,000	12,281,000	40,355,000		-7,078,000	-7,148,000	24,365,000
pension adjustment
deferred income taxes			-1,010,000	8,996,000	20,000																			326,000	45,000	-57,000	117,000	42,000	1,000	-1,000	67,000	43,000	2,000			25,502,000	5,244,000	-4,843,000	-1,629,000	-482,000	5,651,000	4,904,000	-138,000	354,000	504,000	15,000	1,020,000																	0	7,857,000	-224,000	-251,000	-2,031,000	58,000	99,000	-5,508,000
adjustments to reconcile net income to cash flows from operating activities
net gains on investment in marketable securities
net gains on derivative instruments
proceeds from disposal of property and equipment				0	0
dividends payments to stockholders
proceeds from stock options exercises								0	0							0	0	141,000	2,723,000						869,000	300,000	71,000
payment for purchases of treasury stock												-1,957,000	-5,225,000
net increase in cash, cash equivalents, and restricted cash
changes in operating assets and liabilities:
proceeds from sale of barnes & noble education common stock					68,839,000
depreciation and amortization														215,000	206,000	187,000	186,000	197,000	192,000	250,000	235,000	268,000	1,178,000	1,609,000	183,000	200,000	205,000																																		259,000	355,000	390,000	366,000	303,000	281,000	260,000	250,000	231,000	217,000	213,000	223,000	210,000	171,000	168,000	155,000	161,000	211,000	215,000
other												52,000	-34,000	22,000	-17,000	-77,000	23,000	21,000	24,000	222,000	-350,000			-4,000
cash, cash equivalents and restricted cash:
net decrease in cash, cash equivalents and restricted cash
adjustments to reconcile net income to net cash and cash equivalents from operating activities:
depreciation of property and equipment							18,000	11,000	14,000	21,000	21,000	45,000
reduction in carrying value of right of use assets							36,000	47,000	46,000	80,000	151,000	148,000
net gain on derivative instruments
foreign currency remeasurement loss							49,000
accounts payable												68,000	-58,000	22,000	52,000	-118,000	-23,000	-312,000	305,000	-18,000	-304,000	-460,000	122,000	-1,375,000	-5,202,000	-5,001,000	8,763,000	2,854,000	-2,601,000	-897,000	-2,391,000	1,812,000	-5,402,000	3,286,000	1,000,000	3,554,000	-167,000	-393,000	2,328,000	-889,000	297,000	-314,000	887,000	-347,000	-339,000	66,000	610,000	199,000	-150,000	-821,000	1,113,000	-1,232,000	65,000	-154,000	1,303,000	-56,000	-218,000	-18,000	268,000	-587,000	-847,000	-901,000	-469,000	864,000	319,000	-251,000	541,000	1,637,000	-1,067,000	-106,000	-1,082,000	1,470,000	-58,000	56,000	-1,277,000	484,000	321,000	847,000	241,000
accrued compensation							60,000					759,000	145,000	558,000	12,000	-174,000	-912,000	708,000	-68,000	170,000	-972,000	-186,000	-855,000	463,000	436,000	585,000	-2,588,000
net cash and cash equivalents from operating activities							29,897,000	7,821,000	4,025,000	5,231,000	3,523,000	8,066,000
net cash and cash equivalents from investing activities							6,876,000					6,173,000
net cash and cash equivalents from financing activities												-2,186,000
net increase in cash and cash equivalents							35,026,000						-20,623,000	-5,568,000	11,468,000		-16,673,000	4,650,000	43,102,000					-107,000	-6,029,000	-10,040,000	-8,334,000	-1,645,000	-3,804,000	-2,691,000	94,506,000	5,359,000				-5,109,000	41,640,000	-545,000	-4,134,000	-8,154,000	-19,469,000	12,281,000	25,975,000	4,241,000	-7,078,000	-7,148,000	10,229,000	-2,528,000	9,760,000	-23,319,000	25,665,000		5,492,000	-190,000	1,289,000		-1,390,000	-323,000	3,979,000			-5,944,000	-27,772,000	-37,314,000	4,548,000	-40,446,000	51,488,000	-18,966,000	-5,171,000	-26,956,000	105,574,000	2,975,000	-1,823,000	-85,000	2,774,000	-512,000	-739,000			-2,950,000
cash and cash equivalents:
net loss on investment in marketable securities												-5,404,000	9,644,000
foreign currency transaction losses
other investing activities
net decrease in cash and cash equivalents																				3,561,000	1,860,000	-22,128,000	-10,249,000											-9,958,000	-13,755,000																									-885,000	-1,859,000																	-574,000	-2,950,000
net loss on derivative instruments
foreign currency remeasurement gains														8,000	131,000
purchases of property and equipment												-1,000	-21,000			-246,000	-1,000	-31,000	-57,000	-7,000	-10,000	-9,000	-21,000	-138,000	-3,000	-3,000	-6,000	-11,000	-32,000	-25,000	-6,000	-4,000	-11,000	-27,000	-83,000	-174,000	-59,000	-45,000	-65,000	-47,000	-1,094,000	-2,506,000	-783,000	-45,000	-68,000	-341,000	-325,000	-60,000	-15,000	-83,000	-76,000	-69,000	-63,000	-40,000	-828,000	-85,000	-45,000	-12,000	-27,000	-9,000	-47,000	-60,000	-580,000	-1,269,000	-756,000	-785,000	-280,000	-269,000	-513,000	-493,000	-163,000	-166,000	-263,000	-503,000	-198,000	-425,000	-211,000	-142,000	-134,000	-80,000
proceeds from issuance of common stock under employee stock purchase plan									0			0	17,000	0	34,000	0	61,000	0	89,000	0	71,000	0	63,000	0	56,000	0	109,000
other non cash
foreign currency remeasurement losses												-16,000					580,000	-248,000	280,000
impairment of long-term deposits
proceeds from sale of fixed assets
proceeds from issuance of common stock, net of issuance costs												0	0
net (gain) on derivative instruments
adjustments to reconcile net income to net cash from operating activities:
net cash from operating activities														7,601,000	11,038,000	6,727,000	1,668,000	4,644,000	4,410,000	3,010,000	1,780,000	-3,452,000	-1,316,000	-3,233,000	-6,951,000	-16,337,000	-7,578,000	-5,615,000	-6,422,000	-4,242,000	86,203,000	-1,712,000	-13,775,000	-14,025,000	-14,317,000	-5,481,000	39,011,000	-5,632,000	-5,856,000	-2,279,000	-4,350,000	-4,824,000	21,498,000	-2,791,000	-6,607,000	-6,750,000	16,439,000	3,913,000	1,104,000	-3,521,000	19,656,000	-2,952,000	-331,000	-2,755,000	1,789,000	200,000	-953,000	-1,548,000	4,678,000	-550,000	-1,399,000	-5,287,000	-3,840,000	-26,197,000	-2,683,000	-3,159,000	1,690,000	-8,913,000	-416,000	-4,705,000	98,549,000	3,507,000	-1,575,000	630,000	2,775,000	-527,000	-748,000	52,000	-3,151,000
capital expenditures														0		-246,000	-1,000	-31,000	-57,000	-7,000	-10,000	-9,000	-21,000	-138,000	-3,000	-3,000	-6,000	-11,000	-32,000	-25,000	-6,000	-4,000	-11,000	-27,000	-83,000	-174,000	-59,000	-45,000	-65,000	-47,000	-1,094,000	-2,506,000	-783,000	-45,000	-68,000	-341,000	-325,000	-60,000	-15,000	-83,000	-76,000	-69,000	-63,000	-40,000	-828,000	-85,000	-45,000	-12,000	-27,000	-9,000	-47,000	-60,000	-580,000	-1,269,000	-756,000	-785,000	-280,000	-269,000	-513,000	-493,000	-163,000	-166,000	-263,000	-503,000	-198,000	-425,000	-211,000	-142,000	-134,000
free cash flows														7,601,000		6,481,000	1,667,000	4,613,000	4,353,000	3,003,000	1,770,000	-3,461,000	-1,337,000	-3,371,000	-6,954,000	-16,340,000	-7,584,000	-5,626,000	-6,454,000	-4,267,000	86,197,000	-1,716,000	-13,786,000	-14,052,000	-14,400,000	-5,655,000	38,952,000	-5,677,000	-5,921,000	-2,326,000	-5,444,000	-7,330,000	20,715,000	-2,836,000	-6,675,000	-7,091,000	16,114,000	3,853,000	1,089,000	-3,604,000	19,580,000	-3,021,000	-394,000	-2,795,000	961,000	115,000	-998,000	-1,560,000	4,651,000	-559,000	-1,446,000	-5,347,000	-4,420,000	-27,466,000	-3,439,000	-3,944,000	1,410,000	-9,182,000	-929,000	-5,198,000	98,386,000	3,341,000	-1,838,000	127,000	2,577,000	-952,000	-959,000	-90,000	-3,285,000
purchases of marketable securities														-35,181,000	-36,778,000	-74,965,000
net cash from investing activities														-11,555,000	4,833,000	-54,909,000	-32,687,000	-31,000	-57,000	-7,000	-10,000	-9,000	2,979,000	5,862,000	-3,000	5,997,000	-936,000	3,993,000	2,468,000	-357,000	2,133,000	6,996,000	61,000	4,025,000	-14,000	-127,000	2,967,000	5,014,000	-10,000	-5,985,000	-16,072,000	16,494,000	4,223,000	9,962,000	3,941,000	-322,000	-313,000	-6,516,000	8,251,000	-24,134,000	4,234,000	-5,978,000	9,080,000	4,363,000	-1,403,000	-1,010,000	-912,000	-624,000	-764,000	-670,000	-483,000	-665,000	-24,084,000	-5,460,000	13,502,000	-31,654,000	48,869,000	-20,770,000	-7,988,000	-25,853,000	-549,000	-654,000	-746,000	-866,000	-478,000	-682,000	-513,000	-671,000	-624,000
net gains on investment in marketable equity securities															-3,166,000
realized gains on investment in marketable debt securities															-368,000
proceed from issuance of common stock, net of issuance costs															5,000
cash paid for purchases of treasury stock															-4,442,000
beginning of year															51,490,000
end of year															62,958,000
net loss on investments in marketable securities
long-term deposit impairment
impairment of right-of-use lease asset
proceeds from sale or maturities of marketable securities and other short-term investments
proceed from issuance of common stock
unrealized gain on available-for-sale debt securities
proceeds from maturities of short-term investments																				0	0	0	3,000,000	6,000,000	0	6,000,000	8,000,000	4,004,000	2,500,000	8,500,000	11,000,000	7,000,000	8,000,000	10,000,000	10,000,000	7,500,000	8,500,000	14,000,000	10,000,000	10,000,000	9,000,000	19,000,000	10,000,000
proceeds from issuance of common stock																	14,285,000	-104,000	35,937,000
cash paid for purchases of treasury shares																					0	-18,667,000	-11,975,000
supplemental disclosure of cash flow information:
cash paid for income taxes																	75,000	0	13,000		45,000	1,000	19,000		79,000
supplemental disclosure of non-cash operating, investing, and financing activities:
release of restricted stock units and awards under stock plan																	65,000
leased assets obtained in exchange for new operating lease liabilities																				0	0	0	577,000
release of restricted stock units and awards under company stock plan																			2,367,000	215,000	247,000	1,198,000	1,356,000	42,000	83,000	385,000	6,680,000	0	260,000	686,000	1,860,000	137,000	73,000	683,000	1,768,000	312,000	0	168,000	1,777,000	288,000	124,000	463,000	2,184,000	231,000	157,000	527,000	3,061,000	299,000	241,000	1,451,000	1,491,000				780,000
purchases of short-term investments																								0	0	0	-8,930,000	0	0	-8,832,000	-8,861,000	0	-7,928,000	-5,948,000	-9,931,000	-7,453,000	-5,474,000	-9,941,000	-9,945,000	-15,938,000	-23,978,000	0	-4,994,000																		-4,915,000		-33,962,000	-15,021,000	-12,077,000			-64,942,000	-6,864,000												0
proceeds from stock options exercise
cash paid for taxes																											23,000	12,000	58,000	-9,000	90,000	63,000	17,000	72,000	39,000	8,000	46,000	56,000	-529,000	20,000	46,000	20,000	70,000	1,000	21,000	-1,000	26,000			-9,000	14,000	0	3,000	12,000	6,000	0	18,000	27,000	-3,347,000	-40,000	0			-855,000	0	-1,492,000	761,000	850,000	1,000,000	5,022,000	10,000	1,000	0	21,000	6,000	8,000	12,000	0	160,000
disclosure of non-cash operating, investing, and financing activities:
net loss																					2,855,000	-712,000	-4,828,000										-5,287,000	-14,845,000	-12,865,000				-2,695,000													-200,000				-270,000				-2,320,000	-1,133,000		-7,459,000									-1,982,000	-3,157,000	-2,379,000	-2,906,000	-2,965,000	-4,158,000	-4,846,000	-6,168,000	-3,657,000	-6,373,000
adjustments to reconcile net loss to net cash from operating activities:
long-term deposit
foreign currency translation loss																							361,000	-259,000
cashless option exercise under company stock plan
supplemental disclosure of noncash operating, investing, and financing activities:
other non cash items
depreciation and amortization of property and equipment																												208,000	208,000	212,000	227,000	259,000	240,000	237,000	232,000	227,000	229,000	224,000	224,000	224,000	223,000	235,000	314,000	136,000	130,000	127,000	107,000	125,000	146,000	149,000	164,000	164,000	163,000	161,000	166,000	411,000	232,000	239,000	246,000
loss on disposal of equipment																												0	0	0	26,000	0								0	0			33,000	0			-1,000	0			0	9,000			-9,000	0			0	11,000		2,000					-13,000	22,000			13,000	-1,000	0	3,000			1,000	2,000
income from discontinued operations																																				0	0
prepaid income taxes																																				1,505,000	-1,505,000	1,273,000	725,000	500,000
accrued compensation and other current liabilities																												-1,353,000	1,122,000	1,525,000	-2,181,000	2,098,000	-307,000	-1,161,000	-1,741,000	1,309,000	714,000	1,214,000	-2,270,000	2,678,000	-205,000	-200,000	1,477,000	968,000	-1,056,000	-515,000	-1,638,000	1,709,000	1,087,000	-1,288,000	1,280,000	-1,307,000	1,154,000	-117,000	-415,000	569,000	320,000	-189,000	-1,413,000	1,162,000	401,000	-114,000	-1,382,000	-20,733,000	22,021,000	665,000	521,000	15,105,000	235,000	-64,000	528,000	39,000	-130,000	376,000	231,000	-842,000	187,000	-1,161,000	926,000
proceeds from discontinued operations																																				0	0
issuance of common stock under employee stock purchase plan																												0	120,000	0	98,000	0	153,000	0	175,000	0	179,000	0	128,000	0	177,000	0	190,000	0	205,000	0	176,000	0	126,000	0	72,000	0	71,000	0	51,000	0	80,000	0	65,000			0	134,000	0	162,000	0	168,000	0	170,000	0	147,000	0	117,000	-1,000	126,000	-1,000	118,000
exercise of stock options, net of shares withheld for employee taxes
purchases of treasury stock																																0												-3,005,000	-5,004,000	-769,000	-6,222,000																	-5,746,000	-6,488,000
amounts accrued for property and equipment																																		-8,000	11,000	17,000	-3,000			-12,000	-1,022,000	87,000	965,000	52,000	-22,000
income tax payable																													-72,000
exercise of stock options																													30,000	1,908,000	6,072,000		0	42,000	401,000		212,000	73,000	1,604,000	110,000	776,000	611,000	64,000	75,000	387,000	693,000	149,000	75,000	279,000	4,336,000	1,703,000	72,000	33,000	89,000	852,000	49,000	395,000															481,000	95,000	83,000	350,000	726,000	41,000	160,000	1,042,000		2,000
amounts accrued for treasury stocks																													0
allowance for doubtful accounts																																				0	0			0	-9,000																				-38,000		519,000
supplemental disclosure of cash flow information
supplemental disclosure of noncash operating, investing, and financing activities
intangibles and other assets																																-51,000	-47,000	-44,000	-55,000																												-542,000	-170,000	-664,000	-1,047,000	-508,000	-669,000	-611,000	-447,000	-386,000	-488,000	-483,000	-363,000	-280,000	-257,000	-307,000
amortization of intangibles																																				0	1,000	2,000	3,000	2,000	3,000	3,000	12,000	12,000	15,000	20,000	20,000																376,000	195,000	179,000	170,000	235,000	263,000	243,000	242,000	254,000	313,000	227,000	219,000	210,000	206,000	314,000	356,000	392,000
proceeds for discontinued operations
other operating assets																																					-155,000	-87,000	-16,000		3,716,000	-3,730,000	-10,000
purchase of treasury stock																																																					-3,361,000
loss on sale disposal of equipment
inventories																																																0	41,000	35,000	65,000	218,000	44,000	128,000	-108,000	156,000	-131,000	54,000	-96,000	-147,000	265,000	286,000	-884,000	1,496,000	-546,000	-221,000	-369,000	-553,000	13,000	223,000	-648,000	-220,000	62,000	243,000	-6,000	400,000	-411,000	152,000	-295,000
income taxes payable																																																														-2,000	2,000	-245,000	149,000	93,000	-412,000		-1,017,000	-6,687,000	13,975,000
allowance (recovery) for doubtful accounts																																											8,000		-11,000			1,000	-17,000	8,000	16,000	0	101,000			3,000	-5,000	-2,000	-18,000
amounts accrued for purchase of treasury stock
gain on sales of discontinued operations																																																				0	0			0	0	-18,000	-43,000	13,000	-82,000	-30,000
additions to intangibles																																																	-750,000	-1,076,000	-694,000	-921,000	-857,000	-870,000	-596,000	-930,000	-884,000	-674,000	-848,000	-737,000	-603,000	-645,000
proceeds from sales of discontinued operations																																																				0	0			0	0	30,000	70,000	50,000	82,000	30,000
purchases of available-for-sale investments																																													-8,991,000	-18,981,000	-9,988,000	-22,976,000	-18,984,000	-42,975,000	-9,996,000	-13,988,000	0	-14,977,000	-14,979,000	-3,995,000	-14,983,000	-14,968,000	-14,959,000
proceeds from maturities of available-for-sale investments																																													13,000,000	19,000,000	10,000,000	14,000,000	28,000,000	20,000,000	15,000,000	9,000,000	10,000,000	20,000,000	15,000,000	4,000,000	15,000,000	15,000,000	15,000,000
other long-term liabilites																																															-27,000
ammounts accrued for property and equipment																																															15,000
amounts accrued for the purchase of treasury stock																																															660,000
amortization, abandonment, and impairment of intangibles																																																	487,000	383,000	494,000
deferred revenue and customer advances																																																	-3,576,000	-5,913,000	14,565,000	-1,495,000	-1,197,000	-1,599,000	1,097,000	-1,120,000	-1,383,000	-1,329,000	258,000		-2,212,000		1,557,000		17,000	445,000	1,991,000		-747,000	2,604,000	-31,481,000	1,965,000	1,343,000	1,602,000	4,555,000	1,285,000	2,475,000	3,979,000	-1,274,000
cash flows from used in investing activities:
beginning of the period																																																	0	0	4,558,000		0	0	7,298,000		0	0	12,243,000		0		64,769,000		0	0	86,493,000		0	0	32,012,000		0	0	28,171,000		0	0	21,738,000	8,717,000
end of the period																																																	9,760,000	-23,319,000	30,223,000		5,492,000	-190,000	8,587,000		-1,390,000	-323,000	16,222,000		-1,859,000		36,997,000		4,548,000	-40,446,000	137,981,000		-5,171,000	-26,956,000	137,586,000		-1,823,000	-85,000	30,945,000		-739,000	-574,000	18,788,000	5,767,000
cash paid for taxes, net of refunds
amounts accrued for property and equipment, and intangibles																																																	321,000	-400,000	788,000	-205,000	3,000	0	644,000	586,000	6,000	283,000	347,000	241,000	98,000	-187,000	1,090,000	-243,000
amortization, impairment, or abandonment of intangibles
loss on divestiture																																																												0	1,000
net proceeds from divestiture																																																												0	0
proceeds from the sale of property and equipment																																																																												0
issuance of shares from employee stock purchase plan and release of restricted stock units and awards under company stock plan
amortization, impairment, and abandonment of intangibles																																																					337,000	393,000	341,000
issuance of shares from employee stock purchase plan and realease of restricted stock units and awards under company stock plan
amortization and impairment or abandonment of intangibles																																																								378,000	324,000
change in fair value of warrant liability
proceeds from sale of property and equipment																																																													0
supplemental disclosure of non-cash investing and financing activities:
shares issued under company stock plan																																																									48,000	980,000	277,000		-394,000
amortization and impairment of intangibles																																																											357,000	587,000	211,000	212,000
accounts receivable																																																											-247,000	-46,000	1,158,000	-343,000	2,242,000	-1,665,000	-236,000	-2,033,000	2,208,000	-213,000	1,416,000	-3,414,000	1,894,000	299,000	-1,134,000	-552,000	884,000	880,000	-232,000	240,000	1,954,000
accrued divestiture transaction costs
excess tax benefits from stock-based compensation																																																																-6,000	-18,000	-69,000	-107,000	-10,290,000	-1,339,000	1,064,000	-2,940,000	-17,000	-1,000	-2,000	-16,000
realized gain on short-term investments																																																																0	-1,000	1,000	-81,000
change in fair market value of warrant liability																																																														-27,000
deferred revenue and customer advances and long-term customer advance from microsoft
exercise of stock options and warrants																																																												344,000	23,000	1,000	70,000	85,000	47,000	462,000	659,000	1,921,000	2,495,000	3,933,000	4,389,000
effect of exchange rates on cash and cash equivalents																																																															-52,000	-2,000	-10,000	-9,000	-5,000	-1,494,000	629,000	733,000	98,000	-376,000	285,000	69,000	-12,000	-26,000	353,000	-105,000	-63,000	269,000	11,000
supplemental disclosure of noncash investing and financing activities:
shares issued under company stock plans
prepaid expenses and other assets																																																													-295,000
maturities of short-term investments																																																													5,000,000		11,000,000		26,999,000
tax withholding payment related to vested and restricted stock units
adjustments to reconcile net income to net cash provided by (used in) operating activities:
interest expense — accretion on 5% convertible debenture																																																																				0	219,000	158,000	158,000	158,000	158,000	158,000	158,000	158,000	158,000
fair value adjustment of put option and registration rights																																																																				0	-13,000	-1,000	-1,000	-19,000	-5,000	-5,000	-5,000	-31,000	-10,000
deferred revenue and customer advances and long-term customer advance from
microsoft
payment on long-term debt
cash paid for interest																																																																				0	72,000	250,000	250,000	251,000	249,000	250,000	254,000	250,000	250,000	1,000	1,000	6,000	25,000
issuance of common stock in connection with the conversion of the 5%
convertible debentures
shares issued upon vesting of restricted stock units																																																														4,000
write off of equipment
tax withholding payment related to vested and released restricted stock units
cash received for taxes
non-cash treasury stock purchase																																																															6,000
write off of intangibles																																																																								34,000
deferred revenue and customer advances and long-term customer advance from microsoft.
maturities or sales of short-term investments																																																																			49,657,000
issuance of common stock in connection with the conversion of the 5% convertible debentures
payments on long-term debt
non-cash investing and financing activities:
amounts accrued for property and equipment and intangibles
adjustments to reconcile net income to net cash provided by operating activities:
payment on long-term debt and capital leases
increase in issuance cost of 5% convertible debenture																																																																												0	13,000
payments on long-term debt and capital leases
payments on notes payable and capital leases																																																																									0	-2,000	-3,000		-3,000	-10,000	-8,000	-35,000
interest and other expense — microsoft																																																																															599,000
issuance of 5% convertible debenture
dividends paid on series a redeemable convertible preferred stock																																																																														0	-212,000
payment on notes payable and capital leases
transfer to common stock of long-term customer advance from microsoft
issuance of common stock warrants in connection with the issuance of the 5% convertible debentures
costs related to debt issuance
amortization of deferred stock compensation																																																																												0	0	2,000	121,000
amortization of discount on notes payable
fair value adjustment for warrant liability
noncash interest expense
noncash compensation expense
loss on writedown of investments
long-term customer advance from microsoft
amortization of discounts on notes payable
interest and other expense - microsoft
issuance of common stock																																																																														0	66,000	11,000	0
supplemental disclosure of cash flow information :
sales and maturities of short-term investments																																																																																	0
exercise of warrants																																																																																	0
proceeds from disposal of equipment
acquisitions, net of cash acquired
other assets and investments
proceeds from shareholder note
net (decrease) in cash and cash equivalents																																																																																	31,000
adjustment for change in immersion medical’s fiscal year-end
change in net unrealized gains from short-term investments
assumption of stock options in acquisition
proceeds from sale of equipment
other investments
payment of shareholder note
issuance of equity instruments for acquisition
assumption of stock options for acquisition

Immersion Corporation(NASDAQ:IMMR)

Immersion Corporation
(NASDAQ:IMMR)