SOURCE OBSERVATION srcobs_edgar_ttwo_10k_fy26_037434
Take-Two FY2026 Form 10-K Note 7 discloses $2,149.7M in non-current software development costs and licenses related to titles that have not been released
- Author
- Take-Two Interactive Software, Inc. (SEC EDGAR)
- Platform
- edgar
- Adapter
- manual_import
- External ID
- ttwo-10k-fy26-0001628280-26-037434
- Body excerpt
- Desk-independent read-only retrieval of the Take-Two FY2026 Form 10-K (form 10-K, filed 2026-05-22, period ended 2026-03-31, accession 0001628280-26-037434, CIK 0000946581) via the existing EdgarToolsFilingProvider with no source-gate movement. Note 7, Software Development Costs and Licenses: 'Software development costs and licenses, net of current portion as of March 31, 2026 and 2025 included $2,149.7 and $1,815.0, respectively, related to titles that have not been released.' The $2,149.7M figure rounds to the $2.15B cited by the videotech cohort post; the 'unreleased titles' qualifier is faithful to 'titles that have not been released.' The filing names Grand Theft Auto VI three times, each time presenting it as planned for release on November 19, 2026; the filing does not itself assert a GTA VI delay-financial-risk thesis. The recoverability/impairment policy is documented but tied to expected product performance, not explicitly to delay timing. This row anchors the underlying fact at tier_1; it does not corroborate videotech's delay-financial-risk interpretation.