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10-K Filing

INSEEGO CORP. CIK: 1022652 FY 2021
Filing Information
Form Type 10-K
Accession Number 0001022652-22-000011
Period End Date 20211231
Filing Date 20220301
Fiscal Year 2021
Fiscal Period FY
XBRL Instance insg-20211231_htm.xml
Balance Sheet 83 line items
Line Item Tag Value Unit Period
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $46.47M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $40.02M USD Point-in-time
Restricted cash RestrictedCashCurrent - USD Point-in-time
Restricted cash RestrictedCashCurrent $3.34M USD Point-in-time
Accounts receivable, net of allowances of $408 and $1,384, respectively AccountsReceivableNetCurrent $29.94M USD Point-in-time
Accounts receivable, net of allowances of $408 and $1,384, respectively AccountsReceivableNetCurrent $26.78M USD Point-in-time
Inventories InventoryNet $37.40M USD Point-in-time
Allowance on accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $1.38M USD Point-in-time
Allowance on accounts receivable AllowanceForDoubtfulAccountsReceivableCurrent $408.00K USD Point-in-time
Inventories InventoryNet $33.95M USD Point-in-time
Property, plant and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $26.69M USD Point-in-time
Property, plant and equipment, accumulated depreciation PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization $21.71M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $10.20M USD Point-in-time
Prepaid expenses and other PrepaidExpenseAndOtherAssetsCurrent $13.62M USD Point-in-time
Rental assets - accumulated depreciation AccumulatedDepreciationRentalAssets $15.75M USD Point-in-time
Total current assets AssetsCurrent $127.62M USD Point-in-time
Total current assets AssetsCurrent $114.11M USD Point-in-time
Rental assets - accumulated depreciation AccumulatedDepreciationRentalAssets $5.39M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $26,692 and $21,715, respectively PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $8.10M USD Point-in-time
Intangible assets - accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $48.40M USD Point-in-time
Intangible assets - accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $63.02M USD Point-in-time
Property, plant and equipment, net of accumulated depreciation of $26,692 and $21,715, respectively PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization $13.70M USD Point-in-time
Rental assets, net of accumulated depreciation of $5,392 and $15,754, respectively RentalAssetsNet $4.58M USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Preferred stock, par value (in dollars per share) PreferredStockParOrStatedValuePerShare $0.00 USD Point-in-time
Rental assets, net of accumulated depreciation of $5,392 and $15,754, respectively RentalAssetsNet $6.11M USD Point-in-time
Intangible assets, net of accumulated amortization of $48,404 and $63,020, respectively IntangibleAssetsNetExcludingGoodwill $46.99M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 2.00M shares Point-in-time
Intangible assets, net of accumulated amortization of $48,404 and $63,020, respectively IntangibleAssetsNetExcludingGoodwill $51.49M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 2.00M shares Point-in-time
Goodwill Goodwill $33.66M USD Point-in-time
Goodwill Goodwill $20.34M USD Point-in-time
Goodwill Goodwill $32.51M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $9.09M USD Point-in-time
Right-of-use assets, net OperatingLeaseRightOfUseAsset $7.84M USD Point-in-time
Other assets OtherAssetsNoncurrent $377.00K USD Point-in-time
Other assets OtherAssetsNoncurrent $388.00K USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Total assets Assets $227.39M USD Point-in-time
Total assets Assets $215.84M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 150.00M shares Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 150.00M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 99.40M shares Point-in-time
Common stock, shares issued CommonStockSharesIssued 105.38M shares Point-in-time
Accounts payable AccountsPayableCurrent $52.34M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 105.38M shares Point-in-time
Accounts payable AccountsPayableCurrent $48.58M USD Point-in-time
Common stock, shares outstanding CommonStockSharesOutstanding 99.40M shares Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $26.25M USD Point-in-time
Accrued expenses and other current liabilities AccruedLiabilitiesCurrent $23.37M USD Point-in-time
Total current liabilities LiabilitiesCurrent $74.83M USD Point-in-time
Total current liabilities LiabilitiesCurrent $75.71M USD Point-in-time
Convertible senior notes, net ConvertibleDebtNoncurrent $165.15M USD Point-in-time
Convertible senior notes, net ConvertibleDebtNoncurrent $157.87M USD Point-in-time
Deferred tax liabilities, net DeferredIncomeTaxLiabilitiesNet $852.00K USD Point-in-time
Deferred tax liabilities, net DeferredIncomeTaxLiabilitiesNet $4.50M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $9.93M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $7.15M USD Point-in-time
Total liabilities Liabilities $255.29M USD Point-in-time
Total liabilities Liabilities $240.70M USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and Contingencies CommitmentsAndContingencies - USD Point-in-time
Series E Preferred stock, par value $0.001; 39,500 shares designated, respectively, 25,000 and 35,000 shares issued and outstanding, respectively, liquidation preference of $1,000 per share (plus any accrued but unpaid dividends) PreferredStockValue - USD Point-in-time
Series E Preferred stock, par value $0.001; 39,500 shares designated, respectively, 25,000 and 35,000 shares issued and outstanding, respectively, liquidation preference of $1,000 per share (plus any accrued but unpaid dividends) PreferredStockValue - USD Point-in-time
Common stock, par value $0.001; 150,000,000 shares authorized, 105,380,533 and 99,399,029 shares issued and outstanding, respectively CommonStockValue $105.00K USD Point-in-time
Common stock, par value $0.001; 150,000,000 shares authorized, 105,380,533 and 99,399,029 shares issued and outstanding, respectively CommonStockValue $99.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $711.49M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapital $770.62M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-6.97M USD Point-in-time
Accumulated other comprehensive loss AccumulatedOtherComprehensiveIncomeLossNetOfTax $-8.53M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-732.42M USD Point-in-time
Accumulated deficit RetainedEarningsAccumulatedDeficit $-787.05M USD Point-in-time
Total stockholders deficit attributable to Inseego Corp. StockholdersEquity $-27.81M USD Point-in-time
Total stockholders deficit attributable to Inseego Corp. StockholdersEquity $-24.85M USD Point-in-time
Noncontrolling interests MinorityInterest $-91.00K USD Point-in-time
Noncontrolling interests MinorityInterest - USD Point-in-time
Total stockholders deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-27.90M USD Point-in-time
Total stockholders deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-36.52M USD Point-in-time
Total stockholders deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-24.85M USD Point-in-time
Total stockholders deficit StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-37.36M USD Point-in-time
Total liabilities and stockholders deficit LiabilitiesAndStockholdersEquity $215.84M USD Point-in-time
Total liabilities and stockholders deficit LiabilitiesAndStockholdersEquity $227.39M USD Point-in-time
Income Statement 75 line items
Line Item Tag Value Unit Period
Total net revenues RevenueFromContractWithCustomerExcludingAssessedTax $313.83M USD Annual
Total net revenues RevenueFromContractWithCustomerExcludingAssessedTax $262.40M USD Annual
Total net revenues RevenueFromContractWithCustomerExcludingAssessedTax $219.50M USD Annual
Total cost of net revenues CostOfRevenue $222.99M USD Annual
Total cost of net revenues CostOfRevenue $186.47M USD Annual
Total cost of net revenues CostOfRevenue $155.53M USD Annual
Gross profit GrossProfit $75.92M USD Annual
Gross profit GrossProfit $63.97M USD Annual
Gross profit GrossProfit $90.84M USD Annual
Research and development ResearchAndDevelopmentExpense $23.85M USD Annual
Research and development ResearchAndDevelopmentExpense $44.95M USD Annual
Research and development ResearchAndDevelopmentExpense $52.67M USD Annual
Sales and marketing SellingAndMarketingExpense $38.23M USD Annual
Sales and marketing SellingAndMarketingExpense $28.91M USD Annual
Sales and marketing SellingAndMarketingExpense $35.75M USD Annual
General and administrative GeneralAndAdministrativeExpense $27.33M USD Annual
General and administrative GeneralAndAdministrativeExpense $28.25M USD Annual
General and administrative GeneralAndAdministrativeExpense $30.69M USD Annual
Amortization of purchased intangible assets AmortizationOfPurchasedIntangibleAssets $2.09M USD Annual
Amortization of purchased intangible assets AmortizationOfPurchasedIntangibleAssets $3.42M USD Annual
Amortization of purchased intangible assets AmortizationOfPurchasedIntangibleAssets $3.17M USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 - USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 $1.20M USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 $1.41M USD Annual
Total operating costs and expenses OperatingExpenses $115.98M USD Annual
Total operating costs and expenses OperatingExpenses $122.45M USD Annual
Total operating costs and expenses OperatingExpenses $83.52M USD Annual
Operating loss OperatingIncomeLoss $-46.52M USD Annual
Operating loss OperatingIncomeLoss $-19.54M USD Annual
Operating loss OperatingIncomeLoss $-25.13M USD Annual
Gain on sale of Ctrack South Africa GainLossOnSaleOfBusiness - USD Annual
Gain on sale of Ctrack South Africa GainLossOnSaleOfBusiness - USD Annual
Gain on sale of Ctrack South Africa GainLossOnSaleOfBusiness $5.26M USD Annual
Loss on debt conversion and extinguishment, net InducedConversionOfConvertibleDebtExpense - USD Annual
Loss on debt conversion and extinguishment, net InducedConversionOfConvertibleDebtExpense $76.35M USD Annual
Loss on debt conversion and extinguishment, net InducedConversionOfConvertibleDebtExpense $432.00K USD Annual
Interest expense, net InterestIncomeExpenseNonoperatingNet $-9.94M USD Annual
Interest expense, net InterestIncomeExpenseNonoperatingNet $-6.87M USD Annual
Interest expense, net InterestIncomeExpenseNonoperatingNet $-20.38M USD Annual
Other income, net OtherNonoperatingIncomeExpense $351.00K USD Annual
Other income, net OtherNonoperatingIncomeExpense $845.00K USD Annual
Other income, net OtherNonoperatingIncomeExpense $992.00K USD Annual
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-47.72M USD Annual
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-39.57M USD Annual
Loss before income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-110.44M USD Annual
Income tax provision IncomeTaxExpenseBenefit $748.00K USD Annual
Income tax provision IncomeTaxExpenseBenefit $536.00K USD Annual
Income tax provision IncomeTaxExpenseBenefit $191.00K USD Annual
Net loss ProfitLoss $-111.19M USD Annual
Net loss ProfitLoss $-40.11M USD Annual
Net loss ProfitLoss $-47.91M USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $15.00K USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $214.00K USD Annual
Less: Net income attributable to noncontrolling interests NetIncomeLossAttributableToNoncontrollingInterest $29.00K USD Annual
Net loss attributable to Inseego Corp. NetIncomeLoss $-40.12M USD Annual
Net loss attributable to Inseego Corp. NetIncomeLoss $-48.12M USD Annual
Net loss attributable to Inseego Corp. NetIncomeLoss $-111.22M USD Annual
Series E preferred stock dividends and deemed dividends from the preferred stock exchange PreferredStockDividendsIncomeStatementImpact $2.90M USD Annual
Series E preferred stock dividends and deemed dividends from the preferred stock exchange PreferredStockDividendsIncomeStatementImpact $4.24M USD Annual
Series E preferred stock dividends and deemed dividends from the preferred stock exchange PreferredStockDividendsIncomeStatementImpact $361.00K USD Annual
Net loss attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-52.37M USD Annual
Net loss attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-40.49M USD Annual
Net loss attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-114.12M USD Annual
Basic net income (loss) per share (in dollars per share) EarningsPerShareBasic $-0.51 USD Annual
Basic net income (loss) per share (in dollars per share) EarningsPerShareBasic $-0.52 USD Annual
Basic net income (loss) per share (in dollars per share) EarningsPerShareBasic $-1.19 USD Annual
Diluted net income (loss) per share (in dollars per share) EarningsPerShareDiluted $-0.52 USD Annual
Diluted net income (loss) per share (in dollars per share) EarningsPerShareDiluted $-1.19 USD Annual
Diluted net income (loss) per share (in dollars per share) EarningsPerShareDiluted $-0.51 USD Annual
Weighted-average common shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 103.25M shares Annual
Weighted-average common shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 78.32M shares Annual
Weighted-average common shares outstanding, basic (in shares) WeightedAverageNumberOfSharesOutstandingBasic 96.11M shares Annual
Weighted-average common shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 78.32M shares Annual
Weighted-average common shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 103.25M shares Annual
Weighted-average common shares outstanding, diluted (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 96.11M shares Annual
Cash Flow Statement 177 line items
Line Item Tag Value Unit Period
Cash deconsolidated as part of sale CashDivestedFromDeconsolidation $5.00M USD Annual
Net loss ProfitLoss $-111.19M USD Annual
Net loss ProfitLoss $-40.11M USD Annual
Net loss ProfitLoss $-47.91M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $18.43M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $27.95M USD Annual
Depreciation and amortization DepreciationDepletionAndAmortization $25.33M USD Annual
Fair value adjustment on derivative instrument FairValueAdjustmentOfDerivatives $-3.83M USD Annual
Fair value adjustment on derivative instrument FairValueAdjustmentOfDerivatives - USD Annual
Fair value adjustment on derivative instrument FairValueAdjustmentOfDerivatives $597.00K USD Annual
Provision for bad debts, net of recoveries ProvisionForDoubtfulAccounts $715.00K USD Annual
Provision for bad debts, net of recoveries ProvisionForDoubtfulAccounts $401.00K USD Annual
Provision for bad debts, net of recoveries ProvisionForDoubtfulAccounts $512.00K USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 - USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 $1.20M USD Annual
Impairment of capitalized software CapitalizedComputerSoftwareImpairments1 $1.41M USD Annual
Provision for excess and obsolete inventory InventoryWriteDown $657.00K USD Annual
Provision for excess and obsolete inventory InventoryWriteDown $980.00K USD Annual
Provision for excess and obsolete inventory InventoryWriteDown $538.00K USD Annual
Share-based compensation expense ShareBasedCompensation $10.42M USD Annual
Share-based compensation expense ShareBasedCompensation $7.30M USD Annual
Share-based compensation expense ShareBasedCompensation $16.65M USD Annual
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $1.50M USD Annual
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $9.77M USD Annual
Amortization of debt discount and debt issuance costs AmortizationOfFinancingCostsAndDiscounts $4.02M USD Annual
Loss on debt conversion and extinguishment, net GainsLossesOnExtinguishmentOfDebt $-76.35M USD Annual
Loss on debt conversion and extinguishment, net GainsLossesOnExtinguishmentOfDebt - USD Annual
Loss on debt conversion and extinguishment, net GainsLossesOnExtinguishmentOfDebt $-432.00K USD Annual
Gain on sale of Ctrack South Africa GainLossOnSaleOfBusiness - USD Annual
Gain on sale of Ctrack South Africa GainLossOnSaleOfBusiness - USD Annual
Gain on sale of Ctrack South Africa GainLossOnSaleOfBusiness $5.26M USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-53.00K USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $659.00K USD Annual
Deferred income taxes DeferredIncomeTaxExpenseBenefit $-598.00K USD Annual
Other OtherNoncashIncomeExpense $-840.00K USD Annual
Other OtherNoncashIncomeExpense $-286.00K USD Annual
Other OtherNoncashIncomeExpense $-667.00K USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $10.80M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $1.15M USD Annual
Accounts receivable IncreaseDecreaseInAccountsReceivable $-377.00K USD Annual
Inventories IncreaseDecreaseInInventories $12.49M USD Annual
Inventories IncreaseDecreaseInInventories $3.08M USD Annual
Inventories IncreaseDecreaseInInventories $13.34M USD Annual
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $3.07M USD Annual
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $901.00K USD Annual
Prepaid expenses and other assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets $844.00K USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $27.09M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-3.11M USD Annual
Accounts payable IncreaseDecreaseInAccountsPayable $-13.00M USD Annual
Accrued expenses, income taxes, and other IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $2.99M USD Annual
Accrued expenses, income taxes, and other IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $1.27M USD Annual
Accrued expenses, income taxes, and other IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities $8.23M USD Annual
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $20.05M USD Annual
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-18.00M USD Annual
Net cash (used in) provided by operating activities NetCashProvidedByUsedInOperatingActivities $-25.21M USD Annual
Acquisition of noncontrolling interest PaymentsToAcquireNoncontrollingInterest - USD Annual
Acquisition of noncontrolling interest PaymentsToAcquireNoncontrollingInterest - USD Annual
Acquisition of noncontrolling interest PaymentsToAcquireNoncontrollingInterest $116.00K USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $4.93M USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $6.62M USD Annual
Purchases of property, plant and equipment PaymentsToAcquirePropertyPlantAndEquipment $5.74M USD Annual
Proceeds from the sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $1.34M USD Annual
Proceeds from the sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $392.00K USD Annual
Proceeds from the sale of property, plant and equipment ProceedsFromSaleOfPropertyPlantAndEquipment $517.00K USD Annual
Proceeds from sale of Ctrack South Africa, net of cash divested1 ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD Annual
Proceeds from sale of Ctrack South Africa, net of cash divested1 ProceedsFromDivestitureOfBusinessesNetOfCashDivested $33.69M USD Annual
Proceeds from sale of Ctrack South Africa, net of cash divested1 ProceedsFromDivestitureOfBusinessesNetOfCashDivested - USD Annual
Additions to capitalized software development costs and purchases of intangible assets PaymentsToAcquireIntangibleAssets $22.11M USD Annual
Additions to capitalized software development costs and purchases of intangible assets PaymentsToAcquireIntangibleAssets $29.37M USD Annual
Additions to capitalized software development costs and purchases of intangible assets PaymentsToAcquireIntangibleAssets $23.91M USD Annual
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-28.21M USD Annual
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $-34.71M USD Annual
Net cash provided by (used in) investing activities NetCashProvidedByUsedInInvestingActivities $6.08M USD Annual
Gross proceeds received from issuance of Series E preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $10.00M USD Annual
Gross proceeds received from issuance of Series E preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD Annual
Gross proceeds received from issuance of Series E preferred stock ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $25.00M USD Annual
Gross proceeds from the issuance of 2025 Notes ProceedsFromConvertibleDebt $100.00M USD Annual
Gross proceeds from the issuance of 2025 Notes ProceedsFromConvertibleDebt - USD Annual
Gross proceeds from the issuance of 2025 Notes ProceedsFromConvertibleDebt - USD Annual
Payment of issuance costs related to 2025 Notes PaymentsOfDebtIssuanceCosts $3.65M USD Annual
Payment of issuance costs related to 2025 Notes PaymentsOfDebtIssuanceCosts - USD Annual
Payment of issuance costs related to 2025 Notes PaymentsOfDebtIssuanceCosts - USD Annual
Cash paid to investors in private exchange transactions PaymentForConvertibleNoteExchangeTransaction $32.06M USD Annual
Cash paid to investors in private exchange transactions PaymentForConvertibleNoteExchangeTransaction - USD Annual
Cash paid to investors in private exchange transactions PaymentForConvertibleNoteExchangeTransaction - USD Annual
Cash paid to investors in private exchange transactions PaymentForConvertibleNoteExchangeTransaction $32.00M USD Point-in-time
Cash paid to investors in private exchange transactions PaymentForConvertibleNoteExchangeTransaction $32.00M USD 1 Quarter
Payoff of term loan and related extinguishment costs PaymentForDebtPayoffAndExtinguishmentCosts $48.83M USD Annual
Payoff of term loan and related extinguishment costs PaymentForDebtPayoffAndExtinguishmentCosts - USD Annual
Payoff of term loan and related extinguishment costs PaymentForDebtPayoffAndExtinguishmentCosts - USD Annual
Repurchase of Series E preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock - USD Annual
Repurchase of Series E preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock $2.35M USD Annual
Repurchase of Series E preferred stock PaymentsForRepurchaseOfPreferredStockAndPreferenceStock - USD Annual
Proceeds from the exercise of warrants to purchase common stock ProceedsFromWarrantExercises $17.54M USD Annual
Proceeds from the exercise of warrants to purchase common stock ProceedsFromWarrantExercises - USD Annual
Proceeds from the exercise of warrants to purchase common stock ProceedsFromWarrantExercises $1.86M USD Annual
Proceeds from the exercise of warrants to purchase common stock ProceedsFromWarrantExercises $6.90M USD 1 Quarter
Net borrowing of bank and overdraft facilities ProceedsFromRepaymentsOfBankOverdrafts $-1.05M USD Annual
Net borrowing of bank and overdraft facilities ProceedsFromRepaymentsOfBankOverdrafts $-199.00K USD Annual
Net borrowing of bank and overdraft facilities ProceedsFromRepaymentsOfBankOverdrafts $265.00K USD Annual
Principal payments under finance lease obligations FinanceLeasePrincipalPayments $2.76M USD Annual
Principal payments under finance lease obligations FinanceLeasePrincipalPayments $1.02M USD Annual
Principal payments under finance lease obligations FinanceLeasePrincipalPayments $3.20M USD Annual
Proceeds from a public offering, net of issuance costs ProceedsFromIssuanceOfCommonStock - USD Annual
Proceeds from a public offering, net of issuance costs ProceedsFromIssuanceOfCommonStock $29.37M USD Annual
Proceeds from a public offering, net of issuance costs ProceedsFromIssuanceOfCommonStock - USD Annual
Proceeds from stock option exercises and employee stock purchase plan, net of taxes paid on vested restricted stock units ProceedsFromStockOptionExercisesAndEsppNetOfTaxesPaidOnVestedRestrictedStockUnits $3.49M USD Annual
Proceeds from stock option exercises and employee stock purchase plan, net of taxes paid on vested restricted stock units ProceedsFromStockOptionExercisesAndEsppNetOfTaxesPaidOnVestedRestrictedStockUnits $2.00M USD Annual
Proceeds from stock option exercises and employee stock purchase plan, net of taxes paid on vested restricted stock units ProceedsFromStockOptionExercisesAndEsppNetOfTaxesPaidOnVestedRestrictedStockUnits $5.07M USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $42.08M USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $29.92M USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $27.47M USD Annual
Effect of exchange rates on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-990.00K USD Annual
Effect of exchange rates on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $523.00K USD Annual
Effect of exchange rates on cash EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $-259.00K USD Annual
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-19.00M USD Annual
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $9.80M USD Annual
Net increase (decrease) in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $27.94M USD Annual
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $49.81M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.07M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $40.02M USD Point-in-time
Cash, cash equivalents and restricted cash, beginning of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $31.08M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $49.81M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $12.07M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $40.02M USD Point-in-time
Cash, cash equivalents and restricted cash, end of period CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $31.08M USD Point-in-time
Interest InterestPaidNet $9.30M USD Annual
Interest InterestPaidNet $3.21M USD Annual
Interest InterestPaidNet $5.39M USD Annual
Income taxes IncomeTaxesPaid $523.00K USD Annual
Income taxes IncomeTaxesPaid $142.00K USD Annual
Income taxes IncomeTaxesPaid $939.00K USD Annual
Transfer of inventories to rental assets TransferofInventoriestoRentalAssets $5.14M USD Annual
Transfer of inventories to rental assets TransferofInventoriestoRentalAssets $3.75M USD Annual
Transfer of inventories to rental assets TransferofInventoriestoRentalAssets $4.04M USD Annual
Purchases of property, plant and equipment under capital lease PurchasesOfPropertyPlantAndEquipmentUnderCapitalLease - USD Annual
Purchases of property, plant and equipment under capital lease PurchasesOfPropertyPlantAndEquipmentUnderCapitalLease $664.00K USD Annual
Purchases of property, plant and equipment under capital lease PurchasesOfPropertyPlantAndEquipmentUnderCapitalLease $1.34M USD Annual
Right-of-use assets obtained in exchange for operating leases liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $4.69M USD Annual
Right-of-use assets obtained in exchange for operating leases liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $658.00K USD Annual
Right-of-use assets obtained in exchange for operating leases liabilities RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $7.93M USD Annual
Proceeds related to divestiture of Ctrack South Africa in exchange for settlement of tax liabilities ProceedsFromDivestitureInExchangeForSettlementOfTaxLiabilities - USD Annual
Proceeds related to divestiture of Ctrack South Africa in exchange for settlement of tax liabilities ProceedsFromDivestitureInExchangeForSettlementOfTaxLiabilities - USD Annual
Proceeds related to divestiture of Ctrack South Africa in exchange for settlement of tax liabilities ProceedsFromDivestitureInExchangeForSettlementOfTaxLiabilities $421.00K USD Annual
Exchange of Series E Preferred Stock for common stock ConversionOfStockAmountConverted1 $11.98M USD Annual
Exchange of Series E Preferred Stock for common stock ConversionOfStockAmountConverted1 - USD Annual
Exchange of Series E Preferred Stock for common stock ConversionOfStockAmountConverted1 - USD Annual
Issuance of common stock in exchange for Series E Preferred Stock ConversionOfStockAmountIssued1 $13.09M USD Annual
Issuance of common stock in exchange for Series E Preferred Stock ConversionOfStockAmountIssued1 - USD Annual
Issuance of common stock in exchange for Series E Preferred Stock ConversionOfStockAmountIssued1 - USD Annual
Deemed dividend on exchange of Series E Preferred Stock for common stock DeemedDividendPayableOnExchangeOfPreferredStock - USD Annual
Deemed dividend on exchange of Series E Preferred Stock for common stock DeemedDividendPayableOnExchangeOfPreferredStock $1.10M USD Annual
Deemed dividend on exchange of Series E Preferred Stock for common stock DeemedDividendPayableOnExchangeOfPreferredStock - USD Annual
Capital expenditures financed through accounts payable or accrued liabilities CapitalExpendituresIncurredButNotYetPaid $5.71M USD Annual
Capital expenditures financed through accounts payable or accrued liabilities CapitalExpendituresIncurredButNotYetPaid $2.93M USD Annual
Capital expenditures financed through accounts payable or accrued liabilities CapitalExpendituresIncurredButNotYetPaid $748.00K USD Annual
Issuance of common stock under Settlement Agreement StockIssuedUnderSettlementAgreement - USD Annual
Issuance of common stock under Settlement Agreement StockIssuedUnderSettlementAgreement $1.44M USD Annual
Issuance of common stock under Settlement Agreement StockIssuedUnderSettlementAgreement $972.00K USD Annual
Preferred stock issued in extinguishment of term loan accrued interest PreferredStockIssuedInExtinguishmentOfDebtAccruedInterest - USD Annual
Preferred stock issued in extinguishment of term loan accrued interest PreferredStockIssuedInExtinguishmentOfDebtAccruedInterest - USD Annual
Preferred stock issued in extinguishment of term loan accrued interest PreferredStockIssuedInExtinguishmentOfDebtAccruedInterest $2.33M USD Annual
Debt discount and issuance costs extinguished in notes conversion DebtIssuanceCostsExtinguishedDuringNoncashOrPartialNoncashTransaction - USD Annual
Debt discount and issuance costs extinguished in notes conversion DebtIssuanceCostsExtinguishedDuringNoncashOrPartialNoncashTransaction $1.73M USD Annual
Debt discount and issuance costs extinguished in notes conversion DebtIssuanceCostsExtinguishedDuringNoncashOrPartialNoncashTransaction - USD Annual
2022 Notes conversion to equity DebtConversionOriginalDebtOneAmount - USD Annual
2022 Notes conversion to equity DebtConversionOriginalDebtOneAmount $59.91M USD Annual
2022 Notes conversion to equity DebtConversionOriginalDebtOneAmount - USD Annual
Novatel Wireless Notes conversion to equity DebtConversionOriginalDebtTwoAmount - USD Annual
Novatel Wireless Notes conversion to equity DebtConversionOriginalDebtTwoAmount - USD Annual
Novatel Wireless Notes conversion to equity DebtConversionOriginalDebtTwoAmount $250.00K USD Annual
2025 Notes issued to extinguish 2022 Notes NotesIssued1 $80.38M USD Annual
2025 Notes issued to extinguish 2022 Notes NotesIssued1 - USD Annual
2025 Notes issued to extinguish 2022 Notes NotesIssued1 - USD Annual
2025 Notes conversion, including shares issued in satisfaction of interest-make-whole payment DebtConversionConvertedInstrumentAmountIncludingExtinguishmentOfDerivativeLiability $14.35M USD Annual
2025 Notes conversion, including shares issued in satisfaction of interest-make-whole payment DebtConversionConvertedInstrumentAmountIncludingExtinguishmentOfDerivativeLiability $5.38M USD Annual
2025 Notes conversion, including shares issued in satisfaction of interest-make-whole payment DebtConversionConvertedInstrumentAmountIncludingExtinguishmentOfDerivativeLiability - USD Annual
Stockholders Equity 32 line items
Line Item Tag Value Unit Period
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-27.90M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-36.52M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-24.85M USD Point-in-time
Beginning balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-37.36M USD Point-in-time
Net loss ProfitLoss $-111.19M USD Annual
Net loss ProfitLoss $-40.11M USD Annual
Net loss ProfitLoss $-47.91M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-3.17M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $998.00K USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-3.09M USD Annual
Exercise of stock options and vesting of restricted stock units StockIssuedDuringPeriodValueExerciseOfStockOptionsVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlan $3.27M USD Annual
Exercise of stock options and vesting of restricted stock units StockIssuedDuringPeriodValueExerciseOfStockOptionsVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlan $5.42M USD Annual
Exercise of stock options and vesting of restricted stock units StockIssuedDuringPeriodValueExerciseOfStockOptionsVestingOfRestrictedStockUnitsAndEmployeeStockPurchasePlan $4.76M USD Annual
Taxes withheld on net settled vesting of restricted stock units TaxesWithheldOnNetSettledVestingOfRestrictedStockUnits $354.00K USD Annual
Taxes withheld on net settled vesting of restricted stock units TaxesWithheldOnNetSettledVestingOfRestrictedStockUnits $1.28M USD Annual
Taxes withheld on net settled vesting of restricted stock units TaxesWithheldOnNetSettledVestingOfRestrictedStockUnits $1.27M USD Annual
Exercise of warrants StockIssuedDuringPeriodValueWarrantsExercised $1.86M USD Annual
Exercise of warrants StockIssuedDuringPeriodValueWarrantsExercised $17.54M USD Annual
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $16.65M USD Annual
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $10.42M USD Annual
Share-based compensation AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue $7.30M USD Annual
Series E preferred stock dividends DividendsPreferredStock - USD Annual
Series E preferred stock dividends DividendsPreferredStock - USD Annual
Series E preferred stock dividends DividendsPreferredStock - USD Annual
Issuance of common shares under settlement agreement StockIssuedDuringPeriodValueSettlementAgreement $972.00K USD Annual
Divestiture of Ctrack South Africa ReleaseOfCumulativeForeignCurrencyTranslationAdjustmentsOnDisposition $889.00K USD Annual
Series E preferred stock exchange StockRedeemedOrCalledDuringPeriodValue - USD Annual
Net noncontrolling interest acquired NoncontrollingInterestIncreaseFromNoncontrollingInterestAcquired $125.00K USD Annual
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-27.90M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-36.52M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-24.85M USD Point-in-time
Ending balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $-37.36M USD Point-in-time
Comprehensive Income 18 line items
Line Item Tag Value Unit Period
Net loss ProfitLoss $-111.19M USD Annual
Net loss ProfitLoss $-40.11M USD Annual
Net loss ProfitLoss $-47.91M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-3.17M USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $998.00K USD Annual
Foreign currency translation adjustment OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax $-3.09M USD Annual
Release of cumulative foreign currency translation adjustments as a result of the sale of Ctrack South Africa OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax $-1.61M USD Annual
Release of cumulative foreign currency translation adjustments as a result of the sale of Ctrack South Africa OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax - USD Annual
Release of cumulative foreign currency translation adjustments as a result of the sale of Ctrack South Africa OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax - USD Annual
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-49.47M USD Annual
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-39.11M USD Annual
Total comprehensive loss ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-114.28M USD Annual
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $15.00K USD Annual
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $29.00K USD Annual
Comprehensive income attributable to noncontrolling interests ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $214.00K USD Annual
Comprehensive loss attributable to Inseego Corp. ComprehensiveIncomeNetOfTax $-114.31M USD Annual
Comprehensive loss attributable to Inseego Corp. ComprehensiveIncomeNetOfTax $-49.68M USD Annual
Comprehensive loss attributable to Inseego Corp. ComprehensiveIncomeNetOfTax $-39.13M USD Annual

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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