v3.26.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jan. 31, 2026
Apr. 30, 2025
ASSETS    
Cash and cash equivalents $ 129,827  
Investments – current 48,094 $ 88,789
Total Current Assets 1,013,381 631,823
Goodwill 69,200 69,200
Investments – noncurrent 0 13,880
Long-term deposits (0)  
Total Assets 1,432,720 1,102,273
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Total Current Liabilities 553,974 265,884
Total Liabilities 870,718 543,578
Commitments and Contingencies (Note 18)
Stockholders' Equity    
Common stock - $0.001 par value; 100,000,000 shares authorized; 50,274,555 and 33,055,059 shares issued and outstanding at January 31, 2026, respectively; 49,433,320 and 32,502,969 shares issued and outstanding at April 30, 2025, respectively 50 49
Additional paid-in capital 378,901 374,327
Accumulated other comprehensive income (loss) 122 535
Accumulated earnings (deficit) 29,961 34,691
Treasury stock: 17,219,496 and 16,930,351 shares as of January 31, 2026 and April 30, 2025, respectively, at cost (113,651) (111,477)
Total Stockholders' Equity Attributable to Immersion Corporation Stockholders 295,383 298,125
Noncontrolling interest in consolidated subsidiaries 266,619 260,570
Total Stockholders' Equity 562,002 558,695
Total Liabilities and Stockholders' Equity 1,432,720 1,102,273
Immersion    
ASSETS    
Cash and cash equivalents 119,688 63,550
Investments – current 48,094 88,789
Accounts receivable, net 2,330 2,767
Prepaid expenses and other current assets 17,523 11,331
Total Current Assets 187,635 166,437
Property and equipment, net 72 113
Investments – noncurrent 0 13,880
Long-term deposits 201 6,188
Other assets – noncurrent 20,866 27,362
Total non-current assets 21,139 47,543
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 44 13
Accrued compensation 457 343
Deferred revenue – current 2,927 2,938
Other current liabilities 11,537 10,240
Total Current Liabilities 14,965 13,534
Deferred income taxes - noncurrent 12,677 11,034
Deferred revenue – noncurrent 3,595 5,790
Other long-term liabilities 11,603 13,344
Total non-current liabilities 27,875 30,168
Barnes & Noble Education, Inc.    
ASSETS    
Cash and cash equivalents 10,139 9,058
Accounts receivable, net 416,425 98,075
Merchandise inventories, net 329,425 299,564
Textbook rental inventories, net 43,662 26,439
Prepaid expenses and other current assets 26,095 32,250
Total Current Assets 825,746 465,386
Property and equipment, net 76,579 95,702
Intangible assets, net 88,695 91,581
Goodwill 69,162 69,162
Operating Lease, Right-of-Use Asset 152,231 155,281
Deferred tax assets 1,418  
Other assets – noncurrent 10,115 11,181
Total non-current assets 398,200 422,907
LIABILITIES AND STOCKHOLDERS’ EQUITY    
Accounts payable 319,236 148,848
Accrued liabilities 126,857 44,295
Deferred revenue – current 52,935 10,411
Operating lease liabilities – current 39,981 48,796
Total Current Liabilities 539,009 252,350
Deferred income taxes - noncurrent (0) 4,193
Operating lease liabilities – noncurrent 132,389 121,093
Deferred revenue – noncurrent 2,849 3,155
Other long-term liabilities 15,231 15,987
Long-term borrowings 138,400 103,098
Total non-current liabilities $ 288,869 $ 247,526