IRDM: the balance sheet

MyFinsight

Balance Sheets Overview

Current Ratio
285.07%
Quick Ratio
220.82%
Cash Ratio
102.95%
Debt to Asset Ratio
81.50%
Unit: Thousand (K) dollars
Assets Breakdown
Property and equipment, net
Accounts receivable, net
Goodwill
Others
Liabilities Breakdown
Long-term secured debt, net
Additional paid-in capital
Accumulated deficit
Others

Balance Sheets	2026-03-31	2025-12-31	2025-09-30	2025-06-30
Cash and cash equivalents	111,644	96,501	88,533	79,309
Accounts receivable, net	104,382	93,772	94,494	81,045
Inventory	69,667	73,764	76,187	77,409
Prepaid expenses and other current assets	23,444	12,466	16,748	17,658
Total current assets	309,137	276,503	275,962	255,421
Total depreciable property and equipment	NaN	3,961,774	NaN	NaN
Less accumulated depreciation	NaN	2,195,722	NaN	NaN
Land	NaN	8,037	NaN	NaN
Spare satellites	NaN	45,441	NaN	NaN
Construction in progress, gross	NaN	158,623	NaN	NaN
Property and equipment, net	1,953,491	1,978,153	1,993,124	2,019,427
Equity method investments	39,017	39,773	40,351	41,112
Other assets	46,905	50,710	57,756	64,307
Intangible assets, net	84,797	86,928	87,915	88,902
Goodwill	98,942	98,942	98,942	98,942
Total assets	2,532,289	2,531,009	2,554,050	2,568,111

Short-term debt	NaN	3,402	NaN	NaN
Short-term secured debt	7,967	NaN	0	0
Accounts payable	11,766	17,676	13,152	11,551
Accrued expenses and other current liabilities	50,583	49,465	48,571	44,554
Deferred revenue	38,128	41,127	41,526	45,710
Total current liabilities	108,444	111,670	103,249	101,815
Total long term debt, net	NaN	1,757,124	NaN	NaN
Long-term secured debt, net	1,753,217	NaN	1,809,843	1,809,169
Deferred income tax liabilities, net	137,615	130,529	125,792	117,952
Deferred revenue, net of current portion	36,891	40,316	35,425	38,656
Other long-term liabilities	27,771	28,770	29,244	26,904
Total liabilities	2,063,938	2,068,409	2,103,553	2,094,496
Common stock, 0.001 par value, 300,000 shares authorized, 105,718 and 104,918 shares issued and outstanding at march 31, 2026 and december 31, 2025, respectively	106	105	105	106
Additional paid-in capital	866,917	880,643	889,398	910,880
Accumulated deficit	-396,960	-418,554	-443,419	-446,674
Accumulated other comprehensive income (loss), net of tax	-1,712	406	4,413	9,303
Total stockholders equity	468,351	462,600	450,497	473,615
Total liabilities and stockholders equity	2,532,289	2,531,009	2,554,050	2,568,111

Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

MyFinsight

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Time Plot

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Balance Sheets

Balance Sheets Overview

Current Ratio285.07%Quick Ratio220.82%Cash Ratio102.95%Debt to Asset Ratio81.50%Unit: Thousand (K) dollarsAssets BreakdownProperty and equipment, netAccounts receivable, netGoodwillOthersLiabilities BreakdownLong-term secured debt, netAdditional paid-in capitalAccumulated deficitOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets

Balance Sheets Overview

Current Ratio285.07%Quick Ratio220.82%Cash Ratio102.95%Debt to Asset Ratio81.50%Unit: Thousand (K) dollarsAssets BreakdownProperty and equipment, netAccounts receivable, netGoodwillOthersLiabilities BreakdownLong-term secured debt, netAdditional paid-in capitalAccumulated deficitOthers

Time Plot

Show the time plot by selecting a row from the table.

Balance Sheets