SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Jun. 30, 2024

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS

SCHEDULE II

STRIDE, INC.

VALUATION AND QUALIFYING ACCOUNTS

Years Ending June 30, 2024, 2023 and 2022

1.     ALLOWANCE FOR CREDIT LOSSES

			Additions
	Balance at		Charged to	Deductions from
	Beginning		Cost and	(Net Increases to)	Balance at
	of Period		Expenses	Allowance	End of Period
June 30, 2024	$	30,031,273	22,843,961	21,577,267	$	31,297,967
June 30, 2023	$	26,993,037	8,047,729	5,009,493	$	30,031,273
June 30, 2022	$	21,383,543	8,555,918	2,946,424	$	26,993,037

2.     INVENTORY RESERVES

	Balance at		Charged to	Deductions,
	Beginning		Cost and	Shrinkage and	Balance at
	of Period		Expenses	Obsolescence	End of Period
June 30, 2024	$	4,145,280	1,778,825	2,867	$	5,921,239
June 30, 2023	$	6,457,046	2,392,785	4,704,551	$	4,145,280
June 30, 2022	$	5,647,283	880,809	71,046	$	6,457,046

3.     COMPUTER RESERVE (1)

			Additions
	Balance at		Charged to	Deductions,
	Beginning		Cost and	Shrinkage and	Balance at
	of Period		Expenses	Obsolescence	End of Period
June 30, 2024	$	1,345,832	1,129,323	$ 688,930	$	1,786,225
June 30, 2023	$	2,039,771	332,197	1,026,136	$	1,345,832
June 30, 2022	$	2,273,372	135,948	369,549	$	2,039,771

(1) A reserve account is maintained against potential obsolescence of, and damage beyond economic repair to, computers provided to the Company’s students. The reserve is calculated based upon several factors including historical percentages, the net book value and the remaining useful life. During fiscal years 2024, 2023 and 2022, certain computers were written off against the reserve.

4.     INCOME TAX VALUATION ALLOWANCE

			Additions to	Deductions in
	Balance at		Net Deferred	Net Deferred
	Beginning		Tax Asset	Tax Asset	Balance at
	of Period		Allowance	Allowance	End of Period
June 30, 2024	$	6,790,724	596,455	—	$	7,387,179
June 30, 2023	$	6,677,352	113,372	—	$	6,790,724
June 30, 2022	$	5,047,078	1,630,274	—	$	6,677,352