For the quarter ending 2026-03-31, GSAT had -$89,023K decrease in cash & cash equivalents over the period.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net loss | -17,420 | -11,618 | 1,090 | 1,877 |
| Depreciation, amortization and accretion | 18,397 | 20,421 | 21,693 | 45,287 |
| Stock-based compensation expense | 2,705 | 5,601 | 4,906 | 12,906 |
| Noncash interest and accretion expense | 23,007 | 19,232 | 13,340 | 17,341 |
| Noncash portion of loss on extinguishment of debt | - | 0 | - | - |
| Loss on equity issuance | - | 0 | - | - |
| Reduction in the value and disposal of long-lived assets | - | - | - | 7,038 |
| Noncash expenses associated with ssa, net of amortization | - | 4,054 | - | - |
| Unrealized foreign currency loss (gain) | -1,656 | 176 | -575 | 16,196 |
| Reduction in the value and disposal of long-lived assets and inventory | 64 | 75 | 7,153 | - |
| Other, net | -4,057 | 8,067 | 3,285 | 5,942 |
| Accounts receivable | -414 | -5,755 | 3,362 | -5,092 |
| Inventory | - | -1,519 | - | - |
| Inventory, prepaid expenses and other assets | -943 | 734 | -3,304 | 4,084 |
| Other assets | - | 1,131 | - | - |
| Accounts payable and accrued expenses | 1,408 | -5,510 | 6,736 | -172 |
| Payables to affiliates | - | -3 | - | - |
| Other non-current liabilities | 336 | 5,091 | -3,648 | 988 |
| Deferred revenue | -340 | 141,379 | 194,557 | 145,606 |
| Net cash provided by operating activities | 35,227 | 175,888 | 236,021 | 209,741 |
| Payments for network upgrades to support the phase 1 and phase 2 service period | 4,487 | 2,798 | 52,422 | 41,841 |
| Payments for network upgrades to support the extended mss network | 108,757 | 58,897 | 159,697 | 223,695 |
| Payments of capitalized interest | - | 0 | 0 | 0 |
| Payments for network upgrades to support product development | 1,518 | 1,269 | 1,442 | 2,798 |
| Purchase of intangible assets | 1,663 | 1,534 | 536 | 3,454 |
| Net cash used in investing activities | -116,425 | -64,498 | -214,097 | -271,788 |
| Proceeds from 2023 funding agreement | - | 0 | 27,147 | 0 |
| Principal payments of 2021 funding agreement | 6,250 | 8,650 | 8,650 | 17,300 |
| Dividends paid on series a preferred stock | 2,615 | 2,673 | 2,673 | 5,259 |
| Proceeds from issuance of customer class b units | - | 0 | - | - |
| Proceeds from issuance of 2024 debt repayment | - | 0 | - | - |
| Principal and make-whole payment of 2023 13 notes | - | 0 | - | - |
| Principal and interest payments of the 2019 facility agreement-A2019Facility Agreement | - | 0 | - | - |
| Proceeds from 2023 13 notes | - | 0 | - | - |
| Payments for debt and equity issuance costs | - | 0 | - | - |
| Proceeds from issuance of common stock and exercise of options and other | 829 | 1,227 | 116 | 535 |
| Net cash used in financing activities | -8,036 | -10,096 | 15,940 | -22,024 |
| Effect of exchange rate changes on cash and cash equivalents | 211 | -116 | 203 | 1,133 |
| Net decrease in cash and cash equivalents | -89,023 | 101,178 | 38,067 | -82,938 |
| Cash and cash equivalents, beginning of period | 447,471 | 346,293 | 391,164 | - |
| Cash and cash equivalents, end of period | 358,448 | 447,471 | 346,293 | - |
Globalstar, Inc. (GSAT)
Globalstar, Inc. (GSAT)