SKILW · As filed with the SEC

Skillsoft balance sheet, by fiscal year

The statement as Skillsoft presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD thousands

USD thousands	FY2026 Jan 31, 2026	FY2025 Jan 31, 2025	FY2024 Jan 31, 2024	FY2023 Jan 31, 2023
Current assets:
Cash and cash equivalents	100,816	100,766	136,308	170,359
Restricted cash	3,662	2,571	10,215	7,197
Accounts receivable, net of allowance for credit losses of approximately $382 and $501 as of January 31, 2026 and January 31, 2025, respectively	174,963	178,989	185,638	183,592
Prepaid expenses and other current assets	53,586	50,527	53,170	44,596
Current assets associated with discontinued operations	—	—	—	0
Total current assets	333,027	332,853	385,331	405,744
Property and equipment, net	—	—	6,639	10,150
Goodwill	296,300	317,071	317,071	457,744
Intangible assets, net	308,031	427,221	539,293	738,066
Operating right-of-use assets	—	4,936	8,044	14,633
Other assets	25,760	23,988	17,256	16,350
Non-current assets associated with discontinued operations	—	—	—	0
Total assets	963,118	1,106,069	1,273,634	1,642,687
Current maturities of long-term debt	6,404	6,404	6,404	6,404
Borrowings under accounts receivable facility	1,000	1,000	44,980	39,693
Accounts payable	21,309	13,458	14,512	18,338
Accrued compensation	43,018	47,803	31,774	34,325
Accrued expenses and other current liabilities	26,394	24,231	29,939	41,474
Operating lease liabilities	—	1,791	3,049	4,198
Deferred revenue	274,875	282,295	282,570	280,676
Current liabilities associated with discontinued operations	—	—	—	0
Total current liabilities	373,000	376,982	413,228	425,108
Long-term debt	570,769	573,267	577,487	581,817
Warrant liabilities	—	—	0	4,754
Deferred tax liabilities	33,933	42,039	52,148	73,976
Operating long-term lease liabilities	—	6,431	9,251	11,947
Deferred revenue - non-current	1,117	1,656	2,402	1,778
Other long-term liabilities	14,526	11,848	13,531	11,551
Long-term liabilities associated with discontinued operations	—	—	—	0
Total long-term liabilities	620,345	635,241	654,819	685,823
Commitments and contingencies	—	—	—	0
Shareholders’ equity (deficit):
Shareholders’ common stock - Class A common shares, $0.0001 par value: 18,750,000 shares authorized and 9,095,922 shares issued and 8,796,145 shares outstanding as of January 31, 2026, and 8,616,633 shares issued and 8,316,856 shares outstanding as of January 31, 2025	1	1	1	14
Additional paid-in capital	1,576,794	1,565,040	1,551,005	1,521,574
Accumulated (deficit)	(1,583,210)	(1,443,386)	(1,321,478)	(972,193)
Treasury shares	—	—	—	(2,845)
Treasury stock, at cost- 299,777 shares as of January 31, 2026 and January 31, 2025	(10,891)	(10,891)	(10,891)	—
Accumulated other comprehensive income (loss)	(12,921)	(16,918)	(13,050)	(14,794)
Total shareholders’ equity (deficit)	(30,227)	93,846	205,587	531,756
Total liabilities and shareholders’ equity (deficit)	963,118	1,106,069	1,273,634	1,642,687

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.