CNVS
Cineverse Corp.2.2200
-0.0500-2.2%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q4 '25)
No earnings call transcript available yet
Last Quarter (Q3 '25)
No earnings call transcript available
Key Stats
Market Cap
42.51MP/E (TTM)
-Basic EPS (TTM)
-0.08Dividend Yield
0%Recent Filings
8-K
8-K
10-Q
8-K
CFO Lindsey's contract extended
Cineverse Corp. signed a new employment agreement with CFO Mark Lindsey on September 23, 2025, effective September 14, 2025, extending his role through September 13, 2027 with automatic renewal. It sets his base salary at $350,000 annually, a $175,000 target bonus, and 71,699 restricted stock units vesting over three years. Severance jumps to two times salary plus bonus post-change in control. Lindsey stays locked in.
10-Q
Q1 FY2026 results
Cineverse Corp. posted Q1 FY2026 revenue of $11.1M, up 22% y/y from $9.1M, fueled by streaming and digital growth to $9.1M (up 18%) and base distribution jumping 192% on Terrifier 3 sales, yet operating loss widened to $3.7M from $2.8M as SG&A expenses surged 36% to $9.0M from higher headcount and marketing. Diluted EPS held steady at $(0.21), matching y/y, with 17.0M weighted shares. Cash dipped to $2.0M amid $14.5M operating outflow, partly from $1.2M content investments, but $3.6M line of credit draw and $5.8M post-quarter warrant exercises bolster liquidity under the $12.5M facility at 8.75% maturing 2028. Final deferred consideration for Digital Media Rights settled in April 2025 via 677K shares worth $2.4M. Non-GAAP metrics not disclosed in the 10-Q. Competition from larger streaming platforms remains a key risk.
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