GSAT: the balance sheet

MyFinsight

For the year ending 2025-12-31, GSAT has $2,326,265K in assets. $1,970,536K in debts. $447,471K in cash and cash equivalents.

Balance Sheets	2025-12-31
Cash and cash equivalents	447,471
Accounts receivable, net of allowance for credit losses of 1,468 and 1,504, respectively	19,976
Inventory	9,614
Prepaid expenses and other current assets	19,667
Total current assets	496,728
Property and equipment, net	1,305,458
Operating lease right of use assets, net	66,698
Prepaid network costs	198,375
Derivative asset	114,461
Intangible and other assets, net of accumulated amortization of 12,511 and 7,625, respectively	144,545
Total assets	2,326,265

Current portion of long-term debt	31,835
Accounts payable and accrued expenses	56,022
Accrued network construction costs	55,218
Payables to affiliates	391
Deferred revenue, net	62,020
Total current liabilities	205,486
Long-term debt	451,953
Operating lease liabilities	54,549
Deferred revenue, net	806,930
Other non-current liabilities	451,618
Total non-current liabilities	1,765,050
Total liabilities	1,970,536
Preferred stock-Series APreferred Stock	0
Common stock-Common Stock	13
Additional paid-in capital	2,489,227
Accumulated other comprehensive income	3,286
Retained deficit	-2,136,797
Total stockholders equity	355,729
Total liabilities and stockholders equity	2,326,265

Unit: Thousand (K) dollars (except for numbers of shares and EPS).