0001193125-26-055008
SEC filingCineverse Corp. reported a net loss attributable to common stockholders of $1.0 million for Q3 2026, ending December 31, 2025. Revenues for the quarter were $16.3 million, while total operating expenses were $16.9 million, resulting in an operating loss of $656 thousand. The company generated positive operating cash flow of $4.9 million, primarily driven by non-cash adjustments including $3.4 million in depreciation and amortization and $1.9 million in stock-based compensation. Cash and cash equivalents decreased by $11.5 million during the quarter to $13.9 million, with significant cash outflows from financing activities including $965 thousand in withholding taxes paid on restricted stock units and $559 thousand in payment of deferred consideration. The balance sheet shows total assets of $68.6 million against total liabilities of $30.8 million, with stockholders' equity of $38.6 million.
Cineverse Corp. reported a net loss of $875 thousand for Q3 2026 (period ending December 31, 2025), with revenues of $16.3 million and total operating expenses of $16.9 million. The operating loss was $656 thousand, while interest expense contributed $195 thousand to the loss. After accounting for income tax expense of $19 thousand and noncontrolling interest of $49 thousand, the net loss attributable to controlling interests was $924 thousand. Preferred stock dividends of $89 thousand resulted in a net loss attributable to common stockholders of $1.0 million. Basic and diluted earnings per share were both reported as -$0, with weighted average shares outstanding of 19.2 million.
Revenue for the quarter was $16.3 million. The document does not provide segment breakdown, geographic mix, or specific growth drivers for revenue. No comparative revenue figures from prior periods are provided in the XBRL data or document text, preventing quarter-over-quarter or year-over-year analysis of revenue trends.
The company reported an operating loss margin of approximately -4.0% (operating loss of $656 thousand on revenue of $16.3 million). Cost structure shows direct operating expenses of $5.0 million, selling, general and administrative expenses of $10.7 million, and depreciation and amortization of $1.2 million. The document does not provide gross profit or gross margin figures, preventing analysis of gross profitability trends.
Operating activities generated $4.9 million in cash, primarily from non-cash adjustments including $3.4 million in depreciation and amortization and $1.9 million in stock-based compensation. Investing activities used $1.4 million in cash, while financing activities provided $13.2 million, mainly from net proceeds on the line of credit. Cash and cash equivalents decreased by $11.5 million to $13.9 million. The balance sheet shows total assets of $68.6 million, including $29.2 million in current assets and $17.7 million in intangible assets. Total liabilities are $30.8 million, with current liabilities of $30.6 million including accounts payable of $22.1 million and line of credit of $8.3 million. Stockholders' equity is $38.6 million with an accumulated deficit of $511.2 million.
The document does not contain management guidance, strategic priorities, or specific risk factors beyond the standard financial statements. No forward-looking statements or outlook information is provided in the XBRL data or document text sections included in the input.