GSAT: the balance sheet

MyFinsight

For the quarter ending 2025-09-30, GSAT has $2,162,350K in assets. $1,797,525K in debts. $346,293K in cash and cash equivalents.

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

Balance Sheets	2025-09-30	2025-06-30
Cash and cash equivalents	346,293	308,226
Accounts receivable, net of allowance for credit losses of 1,342 and 1,504, respectively	25,972	24,775
Inventory	11,425	11,485
Prepaid expenses and other current assets	17,298	18,905
Total current assets	400,988	363,391
Property and equipment, net	1,209,282	900,842
Operating lease right of use assets, net	67,416	60,483
Prepaid network costs	220,607	324,139
Derivative asset	120,765	117,184
Intangible and other assets, net of accumulated amortization of 11,353 and 7,625, respectively	143,292	143,110
Total assets	2,162,350	1,909,149

Current portion of long-term debt	23,503	22,708
Accounts payable and accrued expenses	45,202	38,996
Accrued network construction costs	27,931	15,989
Payables to affiliates	175	315
Deferred revenue, net	61,574	51,232
Total current liabilities	158,385	129,240
Long-term debt	485,081	468,799
Operating lease liabilities	56,166	51,406
Deferred revenue, net	672,827	473,306
Other non-current liabilities	425,066	425,518
Total non-current liabilities	1,639,140	1,419,029
Total liabilities	1,797,525	1,548,269
Preferred stock-Series APreferred Stock	0	0
Common stock-Common Stock	13	13
Additional paid-in capital	2,485,952	2,484,106
Accumulated other comprehensive income	4,039	3,030
Retained deficit	-2,125,179	-2,126,269
Total stockholders equity	364,825	360,880
Total liabilities and stockholders equity	2,162,350	1,909,149