Ooma Inc. Files Q2 2025 10-Q Report

TL;DR

**Ooma Q2 2025 10-Q filed. Financials look solid.**

AI Summary

Ooma Inc. reported its Q2 2025 results for the period ending July 31, 2024. The company's fiscal year ends on January 31st. Key financial data and operational details are presented in this 10-Q filing, including information on revenue, expenses, and stock-related items.

Why It Matters

This filing provides investors with a detailed look at Ooma's financial performance and position for the second quarter of fiscal year 2025, crucial for understanding the company's operational health and future prospects.

Risk Assessment

Risk Level: medium — The filing contains standard financial disclosures, but the nature of SEC filings requires careful review for potential risks not immediately apparent.

Key Numbers

• Q2 2025 — Fiscal Quarter (Reporting period ending July 31, 2024)
• 0131 — Fiscal Year End (Annual reporting cycle)

Key Players & Entities

• OOMA INC (company) — Filer
• 20240731 (date) — Period of Report
• 20240906 (date) — Filed as of Date
• 000000000 (dollar_amount) — IRS Number
• SUNNYVALE (location) — Business Address City
• 6505666610 (phone_number) — Business Phone
• ooma-20240731.htm (document) — Filing Document
• us-gaap:SalesRevenueNetMember (financial_metric) — Revenue
• ooma:OomaResidentialMember (product) — Product Segment
• 2023-05-01 (date) — Reporting Period Start

FAQ

Key Financial Figures

• $0.0001 — ch registered Common Stock, par value $0.0001 OOMA The New York Stock Exchange

Filing Documents

• ooma-20240731.htm (10-Q) — 2010KB
• ooma-ex3_1.htm (EX-3.1) — 54KB
• ooma-ex10_1.htm (EX-10.1) — 53KB
• ooma-ex31_1.htm (EX-31.1) — 18KB
• ooma-ex31_2.htm (EX-31.2) — 17KB
• ooma-ex32_1.htm (EX-32.1) — 11KB
• ooma-ex32_2.htm (EX-32.2) — 12KB
• 0000950170-24-104426.txt ( ) — 7554KB
• ooma-20240731.xsd (EX-101.SCH) — 1088KB
• ooma-20240731_htm.xml (XML) — 1132KB

FINANCIAL INFORMATION

PART I. FINANCIAL INFORMATION Item 1.

Financial Statements (unaudited)

Financial Statements (unaudited): 3 Condensed Consolidated Balance Sheets 3 Condensed Consolidated Statements of Operations 4 Condensed Consolidated Statements of Cash Flows 5 Condensed Consolidated Statements of Stockholders' Equity 6 Notes to Condensed Consolidated Financial Statements 7 Item 2.

Management's Discussion and Analysis of Financial Condition and Results of Operations

Management's Discussion and Analysis of Financial Condition and Results of Operations 18 Item 3.

Quantitative and Qualitative Disclosures About Market Risk

Quantitative and Qualitative Disclosures About Market Risk 27 Item 4.

Controls and Procedures

Controls and Procedures 27

OTHER INFORMATION

PART II. OTHER INFORMATION Item 1.

Legal Proceedings

Legal Proceedings 28 Item 1A.

Risk Factors

Risk Factors 28 Item 2. Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities 60 Item 5. Other Information 60 Item 6. Exhibits 60

Signatures

Signatures 62 Ooma | FY2025 Form 10-Q | 2

— FINANCI AL INFORMATION

PART I — FINANCI AL INFORMATION

Financ ial Statements

Item 1. Financ ial Statements OOMA, INC. CONDENSED CONSOLIDA TED BALANCE SHEETS (Unaudited, amounts in thousands) July 31, 2024 January 31, 2024 Assets Current assets: Cash and cash equivalents $ 16,585 $ 17,536 Accounts receivable, net 8,189 9,864 Inventories 15,237 19,782 Other current assets 15,559 16,497 Total current assets 55,570 63,679 Property and equipment, net 10,957 9,897 Operating lease right-of-use assets 15,833 17,041 Intangible assets, net 24,997 27,952 Goodwill 23,069 23,069 Other assets 21,044 17,615 Total assets $ 151,470 $ 159,253 Liabilities and Stockholders' Equity Current liabilities: Accounts payable $ 6,967 $ 7,848 Accrued expenses and other current liabilities 24,388 26,586 Deferred revenue 17,123 17,041 Total current liabilities 48,478 51,475 Long-term operating lease liabilities 12,635 13,676 Debt, net of current portion 8,500 16,000 Deferred revenue, non-current 18 15 Total liabilities 69,631 81,166 Commitments and contingencies (Note 11) Stockholders' equity: Common stock 5 5 Additional paid-in capital 219,388 211,361 Accumulated other comprehensive loss — ( 1 ) Accumulated deficit ( 137,554 ) ( 133,278 ) Total stockholders' equity 81,839 78,087 Total liabilities and stockholders' equity $ 151,470 $ 159,253 See notes to condensed consolidated financial statements Ooma | FY2025 Form 10-Q | 3 OOMA, INC. CONDENSED CONSOLIDATED S TATEMENTS OF OPERATIONS (Unaudited, amounts in thousands, except share and per share data) Three Months Ended Six Months Ended July 31, 2024 July 31, 2023 July 31, 2024 July 31, 2023 Revenue: Subscription and services $ 59,566 $ 54,726 $ 117,955 $ 107,775 Product and other 4,563 3,627 8,673 7,430 Total revenue 64,129 58,353 126,628 115,205 Cost of revenue: Subscripti

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View this 10-Q filing on SEC EDGAR