XML 9 R2.htm IDEA: XBRL DOCUMENT v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jul. 31, 2025
Apr. 30, 2025
ASSETS    
Cash and cash equivalents $ 90,140  
Investments – current 77,351 $ 88,789
Total Current Assets 796,873 631,823
Goodwill 69,200 69,200
Investments – noncurrent 13,876 13,880
Total Assets 1,261,709 1,102,273
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Total Current Liabilities 357,989 265,884
Total Liabilities 715,624 543,578
Commitments and contingencies (Note 18)
Stockholders' Equity    
Common stock - $0.001 par value; 100,000,000 shares authorized; 49,942,199 and 32,817,199 shares issued and outstanding at July 31, 2025, respectively; 49,433,320 and 32,502,969 shares issued and outstanding at April 30, 2025, respectively 50 49
Additional paid-in capital 376,179 374,327
Accumulated other comprehensive income (loss) 354 535
Accumulated earnings (deficit) 32,256 34,691
Treasury stock: 17,125,000 and 16,930,351 shares as of July 31, 2025 and April 30, 2025, respectively, at cost (113,019) (111,477)
Total Stockholders' Equity Attributable to Immersion Corporation Stockholders 295,820 298,125
Noncontrolling interest in consolidated subsidiaries 250,265 260,570
Total Stockholders' Equity 546,085 558,695
Total Liabilities and Stockholders' Equity 1,261,709 1,102,273
Immersion    
ASSETS    
Cash and cash equivalents 82,800 63,550
Investments – current 77,351 88,789
Accounts receivable, net 2,638 2,767
Prepaid expenses and other current assets 12,720 11,331
Total Current Assets 175,509 166,437
Property and equipment, net 104 113
Investments – noncurrent 13,876 13,880
Long-term deposits 6,223 6,188
Other assets – noncurrent 20,489 27,362
Total non-current assets 40,692 47,543
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 20 13
Accrued compensation 490 343
Deferred revenue – current 2,934 2,938
Other current liabilities 9,677 10,240
Total Current Liabilities 13,121 13,534
Deferred income taxes - noncurrent 11,403 11,034
Deferred revenue – noncurrent 5,058 5,790
Other long-term liabilities 12,372 13,344
Total non-current liabilities 28,833 30,168
Barnes & Noble Education, Inc.    
ASSETS    
Cash and cash equivalents 7,340 9,058
Accounts receivable, net 161,974 98,075
Merchandise inventories, net 400,565 299,564
Textbook rental inventories, net 8,890 26,439
Prepaid expenses and other current assets 42,595 32,250
Total Current Assets 621,364 465,386
Property and equipment, net 88,075 95,702
Intangible assets, net 90,619 91,581
Goodwill 69,162 69,162
Operating Lease, Right-of-Use Asset 165,551 155,281
Other assets – noncurrent 10,737 11,181
Total non-current assets 424,144 422,907
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 236,520 148,848
Accrued liabilities 49,507 44,295
Deferred revenue – current 12,402 10,411
Operating lease liabilities – current 46,439 48,796
Total Current Liabilities 344,868 252,350
Deferred income taxes - noncurrent 3,963 4,193
Operating lease liabilities – noncurrent 135,912 121,093
Deferred revenue – noncurrent 3,060 3,155
Other long-term liabilities 15,867 15,987
Long-term borrowings 170,000 103,098
Total non-current liabilities $ 328,802 $ 247,526