Globalstar, Inc.

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value $10.2m $41.6m $15.2m $7.6m $13.3m $14.3m $32.1m $56.7m $391.2m $447.5m
Prepaid Expense and Other Assets, Current $4.6m $6.7m $13.4m $16.9m $15.6m $19.6m $13.6m $22.6m $18.7m $19.7m
Inventory, Net $8.1m $7.3m $14.3m $16.3m $13.7m $13.8m $9.3m $14.6m $10.7m $9.6m
Accounts Receivable, after Allowance for Credit Loss $15.2m $17.1m $19.3m $21.8m $22.1m $21.2m $137.4m $48.7m $27.0m $20.0m
Assets, Current $38.1m $136.4m $122.5m $63.3m $68.5m $68.9m $81.2m $142.7m $447.6m $496.7m
Property, Plant and Equipment, Net $1.0b $971.1m $882.7m $799.9m $715.9m $672.2m $560.4m $624.0m $673.6m $1.3b
Goodwill $30.6m $30.6m $30.6m
Intangible Assets, Net (Excluding Goodwill) $25.2m $27.5m $31.0m $30.4m $60.7m $85.2m $92.3m
Operating Lease, Right-of-Use Asset $15.9m $14.4m $32.0m $30.9m $34.2m $31.8m $66.7m
Other Assets, Noncurrent $1.3m $535k $1.1m $1.7m $1.6m $3.7m $3.8m $2.6m
Additional Financial Items
Accounts Receivable, after Allowance for Credit Loss, Current $15.2m $17.1m $19.3m $21.8m $22.1m $21.2m $26.3m $48.7m $27.0m $20.0m
Accrued Liabilities, Current $23.2m $20.8m $23.1m $24.9m $25.9m $28.9m $58.4m $27.0m $24.7m $43.6m
Assets $1.1b $1.1b $1.0b $965.6m $888.1m $814.1m $833.4m $924.3m $1.7b $2.3b
LIABILITIES AND EQUITY
Current liabilities:
Operating Lease, Liability, Current $1.6m $1.3m $2.5m $2.7m $3.0m $4.3m $8.0m
Accounts Payable, Current $7.5m $6.0m $7.0m $8.0m $2.9m $6.2m $3.8m $2.0m
Long-term Debt, Current Maturities $75.8m $79.2m $96.2m $0 $58.8m $0 $59.8m $34.6m $34.6m $31.8m
Operating Lease, Liability, Noncurrent $14.7m $13.7m $29.2m $27.6m $29.2m $26.3m $54.5m
Long-term Debt, Excluding Current Maturities $500.5m $434.7m $367.2m $464.2m $326.6m $237.9m $132.1m $325.7m $476.8m $452.0m
Deferred Revenue, Current $26.5m $31.7m $31.9m $29.9m $26.0m $112.1m $157.8m $3.2m $288.2m $806.9m
Deferred Revenue, Noncurrent $5.9m $6.1m $31.9m $29.9m $26.0m $112.1m $157.8m $3.2m $288.2m $806.9m
Liabilities, Current $172.4m $160.3m $159.7m $63.1m $114.2m $61.6m $197.1m $175.9m $141.5m $205.5m
Deferred Income Tax Liabilities, Net $395k $755k $296k $322k $329k $711k $1.0m
Other Liabilities, Noncurrent $5.9m $6.0m $3.4m $3.1m $3.4m $7.9m $4.0m $11.3m $418.6m $451.6m
Deferred Tax Liabilities, Net $395k $755k $296k $296k $329k $711k $886k
Liabilities $1.4b $2.0b
Stockholders’ equity:
Preferred Stock, Value, Issued $0 $0 $0 $0 $0 $0 $0 $0
Additional Paid in Capital $1.6b $1.9b $1.9b $2.0b $2.1b $2.1b $2.3b $2.4b $2.5b $2.5b
Retained Earnings (Accumulated Deficit) ($1.5b) ($1.6b) ($1.6b) ($1.6b) ($1.7b) ($1.8b) ($2.0b) ($2.1b) ($2.1b) ($2.1b)
Accumulated Other Comprehensive Income (Loss), Net of Tax ($5.4m) ($6.9m) ($3.8m) ($3.4m) ($2.9m) $1.9m $9.2m $5.1m $13.5m $3.3m
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, after Tax $5.9m $5.6m $5.6m $4.5m $2.5m $2.1m $0 $5.1m $13.5m $3.3m
Stockholders' Equity Attributable to Parent $161.8m $291.2m $358.9m $407.3m $423.1m $365.4m $314.8m $379.0m $358.9m $355.7m
Liabilities and Equity $1.1b $1.1b $1.0b $965.6m $888.1m $814.1m $833.4m $924.3m $1.7b $2.3b

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.