10-Q Filing

Globalstar, Inc. CIK: 1366868 Q2 2023

Filing Information

Form Type	10-Q
Accession Number	`0001366868-23-000099`
Period End Date	20230630
Filing Date	20230803
Fiscal Year	2023
Fiscal Period	Q2
XBRL Instance	gsat-20230630_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 90 Cash Flow Statement 92 Stockholders Equity 42

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.89M	USD	Point-in-time
Accounts receivable, allowance	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.02M	USD	Point-in-time
Accumulated amortization of intangible and other assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$11.66M	USD	Point-in-time
Accumulated amortization of intangible and other assets	`FiniteLivedIntangibleAssetsAccumulatedAmortization`	$10.91M	USD	Point-in-time
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (USD per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.08M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,022 and $2,892, respectively	`AccountsReceivableNetCurrent`	$26.33M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $2,022 and $2,892, respectively	`AccountsReceivableNetCurrent`	$30.19M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	99.70M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	99.70M	shares	Point-in-time
Inventory	`InventoryNet`	$9.26M	USD	Point-in-time
Inventory	`InventoryNet`	$10.66M	USD	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued (in shares)	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$13.57M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$14.82M	USD	Point-in-time
Preferred stock, shares outstanding, (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding, (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Total current assets	`AssetsCurrent`	$121.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$81.24M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$560.37M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$605.50M	USD	Point-in-time
Operating lease right of use assets, net	`OperatingLeaseRightOfUseAsset`	$32.56M	USD	Point-in-time
Operating lease right of use assets, net	`OperatingLeaseRightOfUseAsset`	$30.86M	USD	Point-in-time
Prepaid satellite construction costs and customer receivable	`PrepaidSatelliteConstructionCostsAndRelatedCustomerReceivables`	$24.19M	USD	Point-in-time
Prepaid satellite construction costs and customer receivable	`PrepaidSatelliteConstructionCostsAndRelatedCustomerReceivables`	$27.57M	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $11,660 and $10,908, respectively	`IntangibleAssetsAndOtherAssetsNoncurrent`	$49.19M	USD	Point-in-time
Intangible and other assets, net of accumulated amortization of $11,660 and $10,908, respectively	`IntangibleAssetsAndOtherAssetsNoncurrent`	$38.42M	USD	Point-in-time
Total assets	`Assets`	$738.47M	USD	Point-in-time
Total assets	`Assets`	$832.44M	USD	Point-in-time
Long-term debt, current maturities	`LongTermDebtCurrent`	$29.80M	USD	Point-in-time
Long-term debt, current maturities	`LongTermDebtCurrent`	-	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.02M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$3.84M	USD	Point-in-time
Vendor financing	`VendorFinancingCurrent`	$59.58M	USD	Point-in-time
Vendor financing	`VendorFinancingCurrent`	-	USD	Point-in-time
Vendor financing	`VendorFinancingCurrent`	-	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$29.72M	USD	Point-in-time
Accrued expenses	`AccruedLiabilitiesCurrent`	$22.55M	USD	Point-in-time
Accrued satellite construction costs	`AccruedSatelliteConstructionCostsCurrent`	$54.23M	USD	Point-in-time
Accrued satellite construction costs	`AccruedSatelliteConstructionCostsCurrent`	$36.14M	USD	Point-in-time
Payables to affiliates	`OtherLiabilitiesCurrent`	$284.00K	USD	Point-in-time
Payables to affiliates	`OtherLiabilitiesCurrent`	$326.00K	USD	Point-in-time
Deferred revenue, net	`ContractWithCustomerLiabilityCurrent`	$74.64M	USD	Point-in-time
Deferred revenue, net	`ContractWithCustomerLiabilityCurrent`	$56.72M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$173.78M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$197.08M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$306.79M	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$132.12M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$27.72M	USD	Point-in-time
Operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$27.64M	USD	Point-in-time
Deferred revenue, net	`ContractWithCustomerLiabilityNoncurrent`	$4.92M	USD	Point-in-time
Deferred revenue, net	`ContractWithCustomerLiabilityNoncurrent`	$62.88M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$4.00M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$3.87M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$343.30M	USD	Point-in-time
Total non-current liabilities	`LiabilitiesNoncurrent`	$226.62M	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 8)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Preferred stock	`PreferredStockValue`	-	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.35B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$2.35B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$9.24M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.51M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-2.04B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-2.04B	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$329.33M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$365.43M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$315.37M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$314.77M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$349.23M	USD	Point-in-time
Total stockholders equity	`StockholdersEquity`	$309.85M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$738.47M	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$832.44M	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$113.72M	USD	2 Qtrs
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$55.07M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$36.80M	USD	1 Quarter
Revenue	`RevenueFromContractWithCustomerExcludingAssessedTax`	$69.57M	USD	2 Qtrs
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$12.65M	USD	1 Quarter
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$26.05M	USD	2 Qtrs
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$9.69M	USD	1 Quarter
Marketing, general and administrative	`SellingGeneralAndAdministrativeExpense`	$19.03M	USD	2 Qtrs
Reduction in the value of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	1 Quarter
Reduction in the value of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	-	USD	2 Qtrs
Reduction in the value of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$525.00K	USD	2 Qtrs
Reduction in the value of long-lived assets	`ImpairmentOfLongLivedAssetsHeldForUse`	$525.00K	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$43.82M	USD	2 Qtrs
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$24.13M	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$47.91M	USD	2 Qtrs
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$21.89M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$52.45M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$94.64M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$48.16M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$103.91M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-25.07M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$-11.36M	USD	1 Quarter
Income (loss) from operations	`OperatingIncomeLoss`	$9.81M	USD	2 Qtrs
Income (loss) from operations	`OperatingIncomeLoss`	$2.62M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost`	$-10.40M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebtBeforeWriteOffOfDeferredDebtIssuanceCost`	-	USD	2 Qtrs
Interest income and expense, net of amounts capitalized	`InterestIncomeExpenseNonoperatingNet`	$-7.19M	USD	1 Quarter
Interest income and expense, net of amounts capitalized	`InterestIncomeExpenseNonoperatingNet`	$-7.10M	USD	2 Qtrs
Interest income and expense, net of amounts capitalized	`InterestIncomeExpenseNonoperatingNet`	$-5.07M	USD	1 Quarter
Interest income and expense, net of amounts capitalized	`InterestIncomeExpenseNonoperatingNet`	$-16.72M	USD	2 Qtrs
Derivative gain (loss)	`GainLossOnDerivativeInstrumentsNetPretax`	$299.00K	USD	1 Quarter
Derivative gain (loss)	`GainLossOnDerivativeInstrumentsNetPretax`	$299.00K	USD	2 Qtrs
Derivative gain (loss)	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.73M	USD	2 Qtrs
Derivative gain (loss)	`GainLossOnDerivativeInstrumentsNetPretax`	$-1.24M	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-7.12M	USD	1 Quarter
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$3.94M	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.89M	USD	2 Qtrs
Foreign currency gain (loss)	`ForeignCurrencyTransactionGainLossBeforeTax`	$2.04M	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$389.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$49.00K	USD	2 Qtrs
Other	`OtherNonoperatingIncomeExpense`	$272.00K	USD	1 Quarter
Other	`OtherNonoperatingIncomeExpense`	$148.00K	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-21.95M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-13.21M	USD	2 Qtrs
Total other expense	`NonoperatingIncomeExpense`	$-15.28M	USD	1 Quarter
Total other expense	`NonoperatingIncomeExpense`	$-2.58M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$35.00K	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-26.64M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-3.40M	USD	2 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-47.02M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$204.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$70.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$26.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$121.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-26.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-20.46M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-47.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.48M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.47M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-2.74M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$4.64M	USD	2 Qtrs
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-1.31M	USD	1 Quarter
Foreign currency translation adjustments	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$5.32M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.30M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.58M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-6.21M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-21.44M	USD	1 Quarter
Net loss attributable to common shareholders (Note 10)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-47.22M	USD	2 Qtrs
Net loss attributable to common shareholders (Note 10)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-26.76M	USD	1 Quarter
Net loss attributable to common shareholders (Note 10)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.73M	USD	2 Qtrs
Net loss attributable to common shareholders (Note 10)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-2.63M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.01	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-0.03	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	-	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.01	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	-	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.03	USD	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.81B	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.81B	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.80B	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	1.80B	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.81B	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.81B	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.80B	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	1.80B	shares	1 Quarter

Cash Flow Statement 92 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$-26.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-20.46M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-47.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.48M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.47M	USD	2 Qtrs
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$43.82M	USD	2 Qtrs
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$24.13M	USD	1 Quarter
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$47.91M	USD	2 Qtrs
Depreciation, amortization and accretion	`DepreciationAmortizationAndAccretionNet`	$21.89M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$2.38M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$6.29M	USD	2 Qtrs
Noncash consideration, net, associated with wholesale capacity contract	`NoncashConsiderationWholesaleContract`	-	USD	2 Qtrs
Noncash consideration, net, associated with wholesale capacity contract	`NoncashConsiderationWholesaleContract`	$-1.20M	USD	2 Qtrs
Reduction in value of long-lived assets and inventory	`ImpairmentOfLongLivedAssetsAndInventory`	-	USD	2 Qtrs
Reduction in value of long-lived assets and inventory	`ImpairmentOfLongLivedAssetsAndInventory`	$541.00K	USD	2 Qtrs
Noncash interest and accretion expense	`NonCashInterestExpenseCashFlow`	$16.52M	USD	2 Qtrs
Noncash interest and accretion expense	`NonCashInterestExpenseCashFlow`	$9.76M	USD	2 Qtrs
Unrealized foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$-4.14M	USD	2 Qtrs
Unrealized foreign currency (gain) loss	`ForeignCurrencyTransactionGainLossUnrealized`	$4.01M	USD	2 Qtrs
Write off of debt discount and deferred financing costs upon extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Write off of debt discount and deferred financing costs upon extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-10.19M	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$424.00K	USD	2 Qtrs
Other, net	`OtherNoncashIncomeExpense`	$487.00K	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$2.10M	USD	2 Qtrs
Accounts receivable	`IncreaseDecreaseInAccountsReceivable`	$-3.74M	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$-12.00K	USD	2 Qtrs
Inventory	`IncreaseDecreaseInInventories`	$1.84M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.15M	USD	2 Qtrs
Prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$227.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-605.00K	USD	2 Qtrs
Other assets	`IncreaseDecreaseInOtherOperatingAssets`	$-42.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndContractWithCustomerRefundLiability`	$-8.11M	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAccruedLiabilitiesAndContractWithCustomerRefundLiability`	$-3.44M	USD	2 Qtrs
Payables to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-42.00K	USD	2 Qtrs
Payables to affiliates	`IncreaseDecreaseInDueToAffiliates`	$-33.00K	USD	2 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$21.00K	USD	2 Qtrs
Other non-current liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-370.00K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$3.15M	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-11.24M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$20.77M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$42.99M	USD	2 Qtrs
Payments under the satellite procurement agreement	`PaymentForSatelliteProcurementAgreement`	$108.66M	USD	2 Qtrs
Payments under the satellite procurement agreement	`PaymentForSatelliteProcurementAgreement`	-	USD	2 Qtrs
Other network upgrades to support the Service Agreements	`PaymentsForConstructionInProcess`	$18.51M	USD	2 Qtrs
Other network upgrades to support the Service Agreements	`PaymentsForConstructionInProcess`	$6.90M	USD	2 Qtrs
Payments of capitalized interest	`PaymentOfInterest`	-	USD	2 Qtrs
Payments of capitalized interest	`PaymentOfInterest`	$5.26M	USD	2 Qtrs
Network upgrades to support product development	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$3.42M	USD	2 Qtrs
Network upgrades to support product development	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$3.20M	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$683.00K	USD	2 Qtrs
Purchase of intangible assets	`PaymentsToAcquireIntangibleAssets`	$389.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.39M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-124.64M	USD	2 Qtrs
Proceeds from 2023 Funding Agreement	`PartnershipAgreementProceeds`	$87.73M	USD	2 Qtrs
Proceeds from 2023 Funding Agreement	`PartnershipAgreementProceeds`	-	USD	2 Qtrs
Dividends paid on Series A Preferred Stock	`PaymentsOfDividends`	$6.59M	USD	2 Qtrs
Dividends paid on Series A Preferred Stock	`PaymentsOfDividends`	-	USD	2 Qtrs
Payments for debt issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	-	USD	2 Qtrs
Payments for debt issuance costs	`PaymentOfFinancingAndStockIssuanceCosts`	$8.53M	USD	2 Qtrs
Proceeds from issuance of common stock and exercise of options	`ProceedsFromIssuanceOfCommonStockAndStockOptionsExercised`	$498.00K	USD	2 Qtrs
Proceeds from issuance of common stock and exercise of options	`ProceedsFromIssuanceOfCommonStockAndStockOptionsExercised`	$449.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$114.82M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$449.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$73.00K	USD	2 Qtrs
Effect of exchange rate changes on cash, cash equivalents and restricted cash	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00K	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$33.25M	USD	2 Qtrs
Net increase (decrease) in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.16M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.30M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.14M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.08M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.33M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.33M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$32.08M	USD	Point-in-time
Total cash and cash equivalents cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.14M	USD	Point-in-time
Total cash and cash equivalents cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$32.08M	USD	Point-in-time
Total cash and cash equivalents cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$65.33M	USD	Point-in-time
Total cash and cash equivalents cash shown in the statement of cash flows	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$14.30M	USD	Point-in-time
Cash paid for interest	`InterestPaidNet`	$7.55M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	-	USD	2 Qtrs
Increase in capitalized accrued interest for network upgrades	`InterestCostsIncurredCapitalized`	$1.61M	USD	2 Qtrs
Increase in capitalized accrued interest for network upgrades	`InterestCostsIncurredCapitalized`	$5.06M	USD	2 Qtrs
Capitalized accretion of debt discount and amortization of prepaid financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$1.77M	USD	2 Qtrs
Capitalized accretion of debt discount and amortization of prepaid financing costs	`DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction`	$754.00K	USD	2 Qtrs
Satellite construction assets acquired through vendor financing arrangement	`SatelliteConstructionAssetsAcquiredThroughVendorFinancingArrangement`	-	USD	2 Qtrs
Satellite construction assets acquired through vendor financing arrangement	`SatelliteConstructionAssetsAcquiredThroughVendorFinancingArrangement`	$73.58M	USD	2 Qtrs
Re-characterization of 2021 Funding Agreement to debt	`ReCharacterizationOfFundingAgreementToDebt`	-	USD	2 Qtrs
Re-characterization of 2021 Funding Agreement to debt	`ReCharacterizationOfFundingAgreementToDebt`	$87.95M	USD	2 Qtrs

Stockholders Equity 42 line items

Line Item	Tag	Value	Unit	Period
Preferred stock, shares outstanding, beginning balance (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding, beginning balance (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$329.33M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$365.43M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$315.37M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$314.77M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$349.23M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$309.85M	USD	Point-in-time
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$1.87M	USD	1 Quarter
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$2.23M	USD	1 Quarter
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$3.79M	USD	1 Quarter
Net issuance of restricted stock awards and stock for employee stock options and recognition of stock-based compensation	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	$879.00K	USD	1 Quarter
Contribution of services	`AdjustmentsToAdditionalPaidInCapitalOther`	$47.00K	USD	1 Quarter
Contribution of services	`AdjustmentsToAdditionalPaidInCapitalOther`	$47.00K	USD	1 Quarter
Contribution of services	`AdjustmentsToAdditionalPaidInCapitalOther`	$47.00K	USD	1 Quarter
Contribution of services	`AdjustmentsToAdditionalPaidInCapitalOther`	$47.00K	USD	1 Quarter
Issuance and recognition of stock-based compensation of employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$102.00K	USD	1 Quarter
Issuance and recognition of stock-based compensation of employee stock purchase plan	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationEmployeeStockPurchaseProgramRequisiteServicePeriodRecognition`	$117.00K	USD	1 Quarter
Net issuance of stock through employee stock purchase plan and recognition of stock-based compensation	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$636.00K	USD	1 Quarter
Net issuance of stock through employee stock purchase plan and recognition of stock-based compensation	`StockIssuedDuringPeriodValueEmployeeStockPurchasePlan`	$617.00K	USD	1 Quarter
Series A Preferred Stock Dividends	`DividendsPreferredStockCash`	$3.95M	USD	1 Quarter
Series A Preferred Stock Dividends	`DividendsPreferredStockCash`	$2.64M	USD	1 Quarter
Fair value of Thermo guarantee associated with the 2023 Funding Agreement	`AdjustmentsToAdditionalPaidInCapitalFairValueOfGuaranteeAssociatedWithFundingAgreement`	$-6.90M	USD	1 Quarter
Common stock issued in connection with conversion of 2013 8.00% Notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$2.55M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-679.00K	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.31M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.43M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$5.32M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-26.76M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$9.00K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-20.46M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-47.22M	USD	2 Qtrs
Net income (loss)	`NetIncomeLoss`	$-3.48M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-3.47M	USD	2 Qtrs
Preferred stock, shares outstanding, ending balance (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding, ending balance (in shares)	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Ending balance	`StockholdersEquity`	$329.33M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$365.43M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$315.37M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$314.77M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$349.23M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$309.85M	USD	Point-in-time

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