Something to think about. How ELT has not had its entire leadership gutted is beyond me.
Cengage Academic increased $2.3 million (0.3%)
Cengage Work increased $9.4 million (8.2%)
Research decreased $16.8 million (-7.8%)
ELT decreased $17.5 million (-10.9%)
Other (skills, etc.) decreased $1.3 million(-1.5%)
Net Loss:
2025 -114.4M
2024 -80.9M
2023 -40.2M
Net Decrease in Cash:
2025 -8.5M
2024 -4.4M
2023 -78.7M
Total Assets:
2025 2,445
2024 2600
Long term debt is huge (1589 in 2025, 1596 in 2024)