Gogo Inc(NASDAQ:GOGO)
Gogo Inc., through its subsidiaries, provides inflight broadband connectivity and wireless entertainment services to the aviation industry in the United States and internationally. It operates through three segments: Commercial Aviation North America (CA-NA), Commercial Aviation Rest of World (CA-RO...
Website: http://www.gogoair.com
Founded: 1991
Full Time Employees: 1,115
Sector: Communication Services
Industry: Telecom Services
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At a glance:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 |
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revenue: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
service revenue | 187,732,000 | 191,860,000 | 189,956,000 | 193,965,000 | 198,612,000 | 118,811,000 | 81,857,000 | 81,929,000 | 81,673,000 | 80,908,000 | 79,546,000 | 79,062,000 | 78,499,000 | 77,346,000 | 75,252,000 | 73,064,000 | 70,667,000 | 69,257,000 | 66,204,000 | 64,767,000 | 59,355,000 | 56,904,000 | 53,324,000 | 74,279,000 | 150,782,000 | 167,211,000 | 158,399,000 | 173,731,000 | 165,012,000 | 160,037,000 | 160,376,000 | 159,056,000 | 150,678,000 | 163,988,000 | 153,347,000 | 154,076,000 | 146,495,000 | 138,887,000 | 129,099,000 | 127,587,000 | 118,720,000 | 115,931,000 | 107,243,000 | 101,395,000 | 95,406,000 | 89,705,000 | 81,586,000 | 79,165,000 | 72,291,000 | 69,656,000 | 63,790,000 | 62,000,000 |
equipment revenue | 38,587,000 | 38,701,000 | 33,629,000 | 32,073,000 | 31,695,000 | 18,988,000 | 18,672,000 | 20,130,000 | 22,649,000 | 16,902,000 | 18,403,000 | 24,159,000 | 20,098,000 | 30,817,000 | 30,066,000 | 24,772,000 | 22,083,000 | 23,043,000 | 20,968,000 | 17,608,000 | 14,514,000 | 20,730,000 | 13,201,000 | 22,361,000 | 33,693,000 | 54,099,000 | 42,783,000 | 39,954,000 | 34,537,000 | 57,187,000 | 56,881,000 | 68,402,000 | 81,147,000 | 24,022,000 | 19,527,000 | 18,724,000 | 18,911,000 | 21,111,000 | 18,168,000 | 19,952,000 | 23,026,000 | 21,848,000 | 19,164,000 | 19,796,000 | 20,105,000 | 19,528,000 | 22,449,000 | 20,364,000 | 23,403,000 | 22,898,000 | 21,589,000 | 17,437,000 |
total revenue | 226,319,000 | 230,561,000 | 223,585,000 | 226,038,000 | 230,307,000 | 137,799,000 | 100,529,000 | 102,059,000 | 104,322,000 | 97,810,000 | 97,949,000 | 103,221,000 | 98,597,000 | 108,163,000 | 105,318,000 | 97,836,000 | 92,750,000 | 92,300,000 | 87,172,000 | 82,375,000 | 73,869,000 | 77,634,000 | 66,525,000 | 96,640,000 | 184,475,000 | 221,310,000 | 201,182,000 | 213,685,000 | 199,549,000 | 217,224,000 | 217,257,000 | 227,458,000 | 231,825,000 | 188,010,000 | 172,874,000 | 172,800,000 | 165,406,000 | 159,998,000 | 147,267,000 | 147,539,000 | 141,746,000 | 137,779,000 | 126,407,000 | 121,191,000 | 115,511,000 | 109,233,000 | 104,035,000 | 99,529,000 | 95,694,000 | 92,554,000 | 85,379,000 | 79,437,000 |
yoy | -1.73% | 67.32% | 122.41% | 121.48% | 120.77% | 40.88% | 2.63% | -1.13% | 5.81% | -9.57% | -7.00% | 5.50% | 6.30% | 17.19% | 20.82% | 18.77% | 25.56% | 18.89% | 31.04% | -14.76% | -59.96% | -64.92% | -66.93% | -54.77% | -7.55% | 1.88% | -7.40% | -6.06% | -13.92% | 15.54% | 25.67% | 31.63% | 40.16% | 17.51% | 17.39% | 17.12% | 16.69% | 16.13% | 16.50% | 21.74% | 22.71% | 26.13% | 21.50% | 21.76% | 20.71% | 18.02% | 21.85% | 25.29% | ||||
qoq | -1.84% | 3.12% | -1.09% | -1.85% | 67.13% | 37.07% | -1.50% | -2.17% | 6.66% | -0.14% | -5.11% | 4.69% | -8.84% | 2.70% | 7.65% | 5.48% | 0.49% | 5.88% | 5.82% | 11.51% | -4.85% | 16.70% | -31.16% | -47.61% | -16.64% | 10.00% | -5.85% | 7.08% | -8.14% | -0.02% | -4.48% | -1.88% | 23.30% | 8.76% | 0.04% | 4.47% | 3.38% | 8.64% | -0.18% | 4.09% | 2.88% | 9.00% | 4.30% | 4.92% | 5.75% | 5.00% | 4.53% | 4.01% | 3.39% | 8.40% | 7.48% | |
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of service revenue | 98,314,000 | 95,705,000 | 91,593,000 | 91,383,000 | 94,047,000 | 43,249,000 | 19,051,000 | 18,871,000 | 17,871,000 | 17,836,000 | 18,116,000 | 16,819,000 | 16,797,000 | 16,744,000 | 17,297,000 | 15,752,000 | 14,634,000 | 13,846,000 | 12,985,000 | 15,177,000 | 14,095,000 | 12,264,000 | 11,635,000 | 42,223,000 | 70,755,000 | 84,342,000 | 73,891,000 | 71,494,000 | 68,121,000 | 73,569,000 | 69,476,000 | 73,650,000 | 74,947,000 | 66,540,000 | 67,854,000 | 69,127,000 | 64,813,000 | 61,463,000 | 56,365,000 | 53,396,000 | 54,854,000 | 52,397,000 | 45,477,000 | 44,382,000 | 45,547,000 | 45,993,000 | 42,747,000 | 41,567,000 | 39,628,000 | 39,963,000 | 35,191,000 | 31,135,000 |
cost of equipment revenue | 34,988,000 | 46,637,000 | 31,032,000 | 27,681,000 | 29,326,000 | 20,178,000 | 15,165,000 | 16,432,000 | 15,786,000 | 15,400,000 | 12,320,000 | 17,537,000 | 18,126,000 | 21,063,000 | 19,261,000 | 16,868,000 | 14,281,000 | 14,510,000 | 12,368,000 | 10,932,000 | 8,282,000 | 15,263,000 | 8,543,000 | 15,376,000 | 26,040,000 | 40,596,000 | 28,830,000 | 35,571,000 | 29,731,000 | 51,641,000 | 53,960,000 | 64,350,000 | 52,293,000 | 16,931,000 | 15,326,000 | 14,649,000 | 11,648,000 | 11,898,000 | 10,527,000 | 12,477,000 | 13,748,000 | 11,183,000 | 9,744,000 | 10,173,000 | 9,458,000 | 9,006,000 | 11,906,000 | 8,627,000 | 9,986,000 | 10,348,000 | 9,614,000 | 8,048,000 |
engineering, design and development | 6,492,000 | 14,065,000 | 15,681,000 | 12,522,000 | 13,875,000 | 15,493,000 | 9,759,000 | 10,304,000 | 9,216,000 | 10,424,000 | 9,154,000 | 9,226,000 | 7,879,000 | 8,241,000 | 7,988,000 | 7,952,000 | 5,406,000 | 6,882,000 | 5,958,000 | 6,541,000 | 5,493,000 | 7,862,000 | 4,510,000 | 15,409,000 | 22,863,000 | 28,093,000 | 28,877,000 | 26,912,000 | 24,728,000 | 31,886,000 | 30,018,000 | 28,409,000 | 29,777,000 | 30,024,000 | 31,313,000 | 35,685,000 | 36,264,000 | 24,512,000 | 25,835,000 | 24,718,000 | 21,648,000 | 31,705,000 | 21,367,000 | 17,280,000 | 17,085,000 | 19,039,000 | 16,193,000 | 15,789,000 | 14,099,000 | 13,747,000 | 11,322,000 | 12,333,000 |
sales and marketing | 13,491,000 | 13,426,000 | 13,464,000 | 14,741,000 | 14,210,000 | 12,150,000 | 8,551,000 | 9,036,000 | 8,283,000 | 8,049,000 | 7,015,000 | 7,856,000 | 6,877,000 | 6,932,000 | 6,240,000 | 6,068,000 | 6,231,000 | 6,892,000 | 5,538,000 | 4,826,000 | 3,729,000 | 4,411,000 | 3,758,000 | 5,880,000 | 9,652,000 | 11,510,000 | 12,334,000 | 12,994,000 | 12,318,000 | 13,532,000 | 13,963,000 | 15,427,000 | 15,901,000 | 16,764,000 | 16,294,000 | 16,564,000 | 14,395,000 | 14,811,000 | 14,874,000 | 16,750,000 | 14,742,000 | 22,092,000 | 12,345,000 | 11,465,000 | 10,241,000 | 10,542,000 | 10,354,000 | 9,687,000 | 8,042,000 | 9,299,000 | 7,608,000 | 7,060,000 |
general and administrative | 26,208,000 | 30,731,000 | 27,858,000 | 28,633,000 | 29,519,000 | 63,655,000 | 24,917,000 | 21,848,000 | 14,651,000 | 16,546,000 | 13,336,000 | 13,199,000 | 14,199,000 | 13,914,000 | 15,474,000 | 15,357,000 | 13,458,000 | 14,185,000 | 15,250,000 | 11,746,000 | 10,373,000 | 18,089,000 | 12,539,000 | 22,505,000 | 27,166,000 | 19,568,000 | 20,740,000 | 27,081,000 | 22,454,000 | 23,117,000 | 24,860,000 | 21,133,000 | 25,159,000 | 23,509,000 | 24,064,000 | 23,549,000 | 22,549,000 | 19,889,000 | 21,661,000 | 22,388,000 | 20,989,000 | 10,101,000 | 26,813,000 | 25,646,000 | 24,193,000 | 22,975,000 | 21,102,000 | 19,855,000 | 17,572,000 | 19,313,000 | 18,878,000 | 16,214,000 |
depreciation and amortization | 15,139,000 | 15,805,000 | 15,214,000 | 15,117,000 | 14,143,000 | 7,229,000 | 4,015,000 | 3,887,000 | 3,841,000 | 4,679,000 | 4,692,000 | 4,539,000 | 2,791,000 | 2,574,000 | 2,716,000 | 3,499,000 | 3,791,000 | 3,658,000 | 4,160,000 | 3,547,000 | 4,117,000 | 4,049,000 | 3,320,000 | 48,690,000 | 32,670,000 | 28,809,000 | 29,292,000 | 29,967,000 | 30,749,000 | 33,170,000 | 32,590,000 | 31,938,000 | 35,919,000 | 48,669,000 | 35,824,000 | 30,562,000 | 30,435,000 | 29,600,000 | 26,779,000 | 24,906,000 | 24,357,000 | 25,222,000 | 22,224,000 | 20,813,000 | 18,777,000 | 16,866,000 | 17,016,000 | 14,882,000 | 15,687,000 | 14,291,000 | 13,664,000 | 13,709,000 |
total operating expenses | 194,632,000 | 216,369,000 | 194,842,000 | 190,077,000 | 195,120,000 | 161,954,000 | 81,458,000 | 80,378,000 | 69,648,000 | 72,934,000 | 64,633,000 | 69,176,000 | 66,669,000 | 69,468,000 | 68,976,000 | 65,496,000 | 57,801,000 | 59,973,000 | 56,259,000 | 52,769,000 | 46,089,000 | 61,938,000 | 44,305,000 | 151,070,000 | 235,535,000 | 212,918,000 | 193,964,000 | 204,019,000 | 188,101,000 | 226,915,000 | 224,867,000 | 234,907,000 | 233,996,000 | 202,437,000 | 190,675,000 | 190,136,000 | 180,104,000 | 162,173,000 | 156,041,000 | 154,635,000 | 150,338,000 | 152,700,000 | 137,970,000 | 129,759,000 | 125,301,000 | 124,421,000 | 119,318,000 | 110,407,000 | 105,014,000 | 106,961,000 | 96,277,000 | 88,499,000 |
operating income | 31,687,000 | 14,192,000 | 28,743,000 | 35,961,000 | 35,187,000 | -24,155,000 | 19,071,000 | 21,681,000 | 34,674,000 | 24,876,000 | 33,316,000 | 34,045,000 | 31,928,000 | 38,695,000 | 36,342,000 | 32,340,000 | 34,949,000 | 32,327,000 | 30,913,000 | 29,606,000 | 27,780,000 | 15,696,000 | 22,220,000 | -54,430,000 | -51,060,000 | 8,392,000 | 7,218,000 | 9,666,000 | 11,448,000 | -9,691,000 | -7,610,000 | -7,449,000 | -2,171,000 | -14,427,000 | -17,801,000 | -17,336,000 | -14,698,000 | -2,175,000 | -8,774,000 | -7,096,000 | -8,592,000 | -14,921,000 | -11,563,000 | -8,568,000 | -9,790,000 | -15,188,000 | -15,283,000 | -10,878,000 | -9,320,000 | -14,407,000 | -10,898,000 | -9,062,000 |
yoy | -9.95% | -158.75% | 50.72% | 65.86% | 1.48% | -197.10% | -42.76% | -36.32% | 8.60% | -35.71% | -8.33% | 5.27% | -8.64% | 19.70% | 17.56% | 9.23% | 25.81% | 105.96% | 39.12% | -154.39% | -154.41% | 87.04% | 207.84% | -663.11% | -546.02% | -186.60% | -194.85% | -229.76% | -627.31% | -32.83% | -57.25% | -57.03% | -85.23% | 563.31% | 102.88% | 144.31% | 71.07% | -85.42% | -24.12% | -17.18% | -12.24% | -1.76% | -24.34% | -21.24% | 5.04% | 5.42% | 40.24% | 20.04% | ||||
qoq | 123.27% | -50.62% | -20.07% | 2.20% | -245.67% | -226.66% | -12.04% | -37.47% | 39.39% | -25.33% | -2.14% | 6.63% | -17.49% | 6.47% | 12.37% | -7.47% | 8.11% | 4.57% | 4.41% | 6.57% | 76.99% | -29.36% | -140.82% | 6.60% | -708.44% | 16.26% | -25.33% | -15.57% | -218.13% | 27.35% | 2.16% | 243.11% | -84.95% | -18.95% | 2.68% | 17.95% | 575.77% | -75.21% | 23.65% | -17.41% | -42.42% | 29.04% | 34.96% | -12.48% | -35.54% | -0.62% | 40.49% | 16.72% | -35.31% | 32.20% | 20.26% | |
operating margin % | 14.00% | 6.16% | 12.86% | 15.91% | 15.28% | -17.53% | 18.97% | 21.24% | 33.24% | 25.43% | 34.01% | 32.98% | 32.38% | 35.77% | 34.51% | 33.06% | 37.68% | 35.02% | 35.46% | 35.94% | 37.61% | 20.22% | 33.40% | -56.32% | -27.68% | 3.79% | 3.59% | 4.52% | 5.74% | -4.46% | -3.50% | -3.27% | -0.94% | -7.67% | -10.30% | -10.03% | -8.89% | -1.36% | -5.96% | -4.81% | -6.06% | -10.83% | -9.15% | -7.07% | -8.48% | -13.90% | -14.69% | -10.93% | -9.74% | -15.57% | -12.76% | -11.41% |
other expense: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | -1,154,000 | -1,425,000 | -1,479,000 | -1,182,000 | -590,000 | -1,749,000 | -2,419,000 | -2,120,000 | -2,048,000 | -1,894,000 | -1,622,000 | -1,971,000 | -1,916,000 | -1,455,000 | -690,000 | -194,000 | -47,000 | -46,000 | -34,000 | -54,000 | -57,000 | -33,000 | -36,000 | -81,000 | -606,000 | -844,000 | -987,000 | -1,230,000 | -1,149,000 | -985,000 | -903,000 | -1,328,000 | -1,076,000 | -965,000 | -683,000 | -771,000 | -545,000 | -571,000 | -852,000 | -166,000 | -46,000 | -116,000 | -49,000 | -11,000 | -5,000 | -26,000 | -11,000 | -9,000 | -15,000 | -17,000 | -14,000 | -14,000 |
interest expense | 16,846,000 | 17,567,000 | 17,681,000 | 16,411,000 | 16,558,000 | 12,238,000 | 9,670,000 | 8,113,000 | 8,410,000 | 8,249,000 | 8,025,000 | 7,806,000 | 8,976,000 | 9,430,000 | 8,781,000 | 9,772,000 | 10,889,000 | 10,895,000 | 10,943,000 | 16,340,000 | 29,294,000 | 32,192,000 | 31,199,000 | 31,280,000 | 31,174,000 | 31,128,000 | 30,740,000 | 36,150,000 | 32,554,000 | 30,871,000 | 30,743,000 | 30,641,000 | 30,554,000 | 30,190,000 | 27,585,000 | 27,226,000 | 26,943,000 | 24,946,000 | 24,848,000 | 17,557,000 | 16,296,000 | 16,259,000 | 16,734,000 | 15,801,000 | 10,095,000 | 8,739,000 | 9,370,000 | 7,381,000 | 7,248,000 | 7,492,000 | 7,490,000 | 10,370,000 |
change in fair value of earnout liability | -4,943,000 | -7,100,000 | 15,000,000 | 3,900,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other expense | -95,000 | 13,741,000 | -1,896,000 | -149,000 | 234,000 | 1,756,000 | -332,000 | 14,717,000 | -13,099,000 | -582,000 | -728,000 | -36,000 | 31,000 | 11,000 | 95,000 | 43,000 | 14,000 | 143,000 | -127,000 | -21,000 | 12,000 | 233,000 | 2,993,000 | 177,000 | 143,000 | 443,000 | -14,750 | 72,000 | 374,000 | -505,000 | 428,000 | 228,000 | 56,000 | 38,000 | 65,000 | 34,000 | 3,000 | 287,000 | 377,000 | -8,000 | ||||||||||||
total other expense | 10,654,000 | 22,783,000 | 29,306,000 | 18,980,000 | 16,202,000 | 12,245,000 | 6,919,000 | 20,710,000 | -6,737,000 | 5,773,000 | 5,675,000 | 8,023,000 | 7,091,000 | 7,986,000 | 8,186,000 | 9,621,000 | 10,816,000 | 10,863,000 | 11,052,000 | 95,723,000 | 33,629,000 | 32,138,000 | 31,175,000 | 31,432,000 | 33,561,000 | 30,461,000 | 29,896,000 | 93,325,000 | 28,040,000 | 22,143,000 | 29,912,000 | 29,687,000 | 28,973,000 | 29,653,000 | 27,130,000 | 26,511,000 | 26,436,000 | 24,440,000 | 24,030,000 | 32,877,000 | 15,207,000 | 18,681,000 | 17,062,000 | 15,782,000 | ||||||||
income before income taxes | 21,033,000 | -8,591,000 | -563,000 | 16,981,000 | 18,985,000 | -36,400,000 | 12,152,000 | 971,000 | 41,411,000 | 19,625,000 | 27,641,000 | 26,022,000 | 24,837,000 | -85,862,000 | -84,621,000 | -22,069,000 | -22,678,000 | -83,659,000 | -16,592,000 | -59,522,000 | -37,522,000 | -37,136,000 | -31,144,000 | -44,080,000 | -44,931,000 | -43,847,000 | -41,134,000 | -26,615,000 | -32,804,000 | -39,973,000 | -23,799,000 | |||||||||||||||||||||
income tax provision | 7,948,000 | 1,405,000 | 1,367,000 | 4,174,000 | 6,943,000 | -8,187,000 | 1,522,000 | 132,000 | 10,921,000 | 4,636,000 | 6,728,000 | -63,827,000 | 4,388,000 | 3,039,000 | 7,980,000 | 702,000 | 1,937,000 | -187,673,000 | 131,000 | 277,000 | 35,000 | -362,000 | -65,000 | 117,000 | 157,000 | 282,000 | 213,000 | 304,000 | 207,000 | -864,750 | 195,000 | 71,000 | -3,725,000 | -2,942,000 | 350,000 | 362,000 | 233,000 | 317,000 | 469,000 | 221,000 | 307,000 | 277,000 | 245,000 | 422,000 | 294,000 | 229,000 | 292,000 | 389,000 | 273,000 | 219,000 | 346,000 | 267,000 |
net income | 13,085,000 | -9,996,000 | -1,930,000 | 12,807,000 | 12,042,000 | -28,213,000 | 10,630,000 | 839,000 | 30,490,000 | 14,467,000 | 20,913,000 | 89,849,000 | 20,449,000 | 27,670,000 | 20,176,000 | 22,017,000 | 22,196,000 | 218,709,000 | 10,959,000 | -69,248,000 | -7,685,000 | 845,000 | -80,124,000 | -85,979,000 | -84,778,000 | -22,351,000 | -22,891,000 | -83,963,000 | -16,799,000 | -59,688,000 | -37,717,000 | -37,207,000 | -27,419,000 | -41,138,000 | -45,281,000 | -44,209,000 | -41,367,000 | -26,932,000 | -33,273,000 | -40,194,000 | -24,106,000 | -33,879,000 | -28,870,000 | -24,772,000 | -20,092,000 | -24,111,000 | -24,899,000 | -18,662,000 | -16,866,000 | -22,105,000 | -18,718,000 | -55,989,000 |
yoy | 8.66% | -64.57% | -118.16% | 1426.46% | -60.51% | -295.02% | -49.17% | -99.07% | 49.10% | -47.72% | 3.65% | 308.09% | -7.87% | -87.35% | 84.10% | -131.79% | -388.82% | 25782.72% | -113.68% | -19.46% | -90.94% | -103.78% | 250.02% | 2.40% | 404.66% | -62.55% | -39.31% | 125.66% | -38.73% | 45.09% | -16.70% | -15.84% | -33.72% | 52.75% | 36.09% | 9.99% | 71.60% | -20.51% | 15.25% | 62.26% | 19.98% | 40.51% | 15.95% | 32.74% | 19.13% | 9.07% | 33.02% | -66.67% | ||||
qoq | -230.90% | 417.93% | -115.07% | 6.35% | -142.68% | -365.41% | 1166.98% | -97.25% | 110.76% | -30.82% | -76.72% | 339.38% | -26.10% | 37.14% | -8.36% | -0.81% | -89.85% | 1895.70% | -115.83% | 801.08% | -1009.47% | -101.05% | -6.81% | 1.42% | 279.30% | -2.36% | -72.74% | 399.81% | -71.86% | 58.25% | 1.37% | 35.70% | -33.35% | -9.15% | 2.42% | 6.87% | 53.60% | -19.06% | -17.22% | 66.74% | -28.85% | 17.35% | 16.54% | 23.29% | -16.67% | -3.16% | 33.42% | 10.65% | -23.70% | 18.09% | -66.57% | |
net income margin % | 5.78% | -4.34% | -0.86% | 5.67% | 5.23% | -20.47% | 10.57% | 0.82% | 29.23% | 14.79% | 21.35% | 87.05% | 20.74% | 25.58% | 19.16% | 22.50% | 23.93% | 236.95% | 12.57% | -84.06% | -10.40% | 1.09% | -120.44% | -88.97% | -45.96% | -10.10% | -11.38% | -39.29% | -8.42% | -27.48% | -17.36% | -16.36% | -11.83% | -21.88% | -26.19% | -25.58% | -25.01% | -16.83% | -22.59% | -27.24% | -17.01% | -24.59% | -22.84% | -20.44% | -17.39% | -22.07% | -23.93% | -18.75% | -17.62% | -23.88% | -21.92% | -70.48% |
net income attributable to common stock per share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 0.1 | -0.07 | -0.01 | 0.1 | 0.09 | -0.22 | 0.08 | 0.01 | 0.24 | 0.253 | 0.16 | 0.69 | 0.16 | |||||||||||||||||||||||||||||||||||||||
diluted | 0.1 | -0.08 | -0.01 | 0.09 | 0.09 | -0.22 | 0.08 | 0.01 | 0.23 | 0.245 | 0.16 | 0.67 | 0.15 | |||||||||||||||||||||||||||||||||||||||
weighted-average number of shares: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 135,656 | 133,707 | 134,657 | 133,647 | 132,472 | 128,533 | 127,918 | 128,295 | 129,272 | 129,753 | 129,951 | 129,814 | 129,136 | 123,268 | 129,914 | 123,252 | 111,414 | 103,400 | 109,345 | |||||||||||||||||||||||||||||||||
diluted | 136,849 | 136,593 | 134,657 | 136,897 | 135,314 | 131,455 | 130,389 | 131,731 | 132,441 | 133,283 | 133,320 | 133,228 | 133,602 | 133,923 | 134,221 | 134,718 | 134,095 | 127,205 | 133,160 | |||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 556,000 | 2,224,000 | 57,962,000 | 15,406,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt and settlement of convertible notes | 79,564,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income from continuing operations before income taxes | 30,709,000 | 28,156,000 | 22,719,000 | 24,133,000 | -13,026,250 | 19,861,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income from continuing operations | 27,670,000 | 20,176,000 | 22,017,000 | 22,196,000 | 209,137,000 | 19,730,000 | -66,394,000 | -5,884,000 | -16,080,000 | -8,890,000 | ||||||||||||||||||||||||||||||||||||||||||
net loss from discontinued operations, net of tax | 9,572,000 | -8,771,000 | -2,854,000 | -1,801,000 | 16,925,000 | -71,234,000 | ||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stock per share - basic: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
continuing operations | 0.22 | 0.16 | 0.18 | 0.2 | 2.02 | 0.18 | ||||||||||||||||||||||||||||||||||||||||||||||
discontinued operations | 0.09 | -0.08 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stock per share - basic | 0.133 | 0.16 | 0.18 | 0.2 | -0.163 | 0.1 | ||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stock per share - diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stock per share - diluted | 0.125 | 0.15 | 0.17 | 0.18 | -0.163 | 0.16 | ||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares | ||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 135,656 | 133,707 | 134,657 | 133,647 | 132,472 | 128,533 | 127,918 | 128,295 | 129,272 | 129,753 | 129,951 | 129,814 | 129,136 | 123,268 | 129,914 | 123,252 | 111,414 | 103,400 | 109,345 | |||||||||||||||||||||||||||||||||
diluted | 136,849 | 136,593 | 134,657 | 136,897 | 135,314 | 131,455 | 130,389 | 131,731 | 132,441 | 133,283 | 133,320 | 133,228 | 133,602 | 133,923 | 134,221 | 134,718 | 134,095 | 127,205 | 133,160 | |||||||||||||||||||||||||||||||||
loss on settlement of convertible notes | 4,397,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -26,000 | -5,000 | -3,365,000 | -174,000 | -82,000 | -19,000 | -35,000 | 23,000 | 40,000 | 4,000 | -2,000 | -1,000 | ||||||||||||||||||||||||||||||||||||||||
loss from continuing operations before income taxes | -66,117,000 | -5,849,000 | -16,442,000 | -8,955,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common stock per share – basic and diluted: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss from discontinued operations | -0.02 | -0.02 | 0.22 | -0.86 | ||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares—basic and diluted | 109,060 | 84,649 | 82,266 | 82,707 | 81,757 | 81,205 | 80,766 | 80,908 | 80,702 | 80,446 | 80,038 | 80,196 | 79,783 | 79,696 | 79,407 | 79,543 | 79,334 | 79,139 | 78,915 | 79,003 | 78,849 | 78,738 | 79,701 | 78,633 | 78,478 | 83,126 | 85,147 | 85,226 | 85,085 | 84,995 | 47,832 | 84,097 | 14,585 | |||||||||||||||||||
impairment of long-lived assets | 987,000 | 46,389,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common stock per share—basic and diluted | -1.05 | -1.04 | -0.27 | -0.28 | -1.04 | -0.21 | -0.32 | -0.47 | -0.47 | -0.34 | -0.52 | -0.57 | -0.56 | -0.52 | -0.34 | -0.42 | -0.51 | -0.31 | -0.43 | -0.37 | -0.32 | |||||||||||||||||||||||||||||||
adjustment of deferred financing costs | 77,000 | -869,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
loss before incomes taxes | -18,193,250 | -28,625,000 | -24,350,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | 10,008,000 | 8,694,000 | 9,324,000 | 7,395,000 | 7,273,000 | 7,479,000 | 7,474,000 | 46,660,000 | ||||||||||||||||||||||||||||||||||||||||||||
income before incomes taxes | -19,798,000 | -14,868,250 | -24,607,000 | -18,273,000 | -16,593,000 | -22,074,000 | -18,372,000 | -55,722,000 | ||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stock per share—basic and diluted | -0.24 | -0.28 | -0.29 | -0.22 | -0.2 | 0.43 | -0.22 | -4.98 | ||||||||||||||||||||||||||||||||||||||||||||
fair value derivative adjustment | 36,305,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
class a and class b senior convertible preferred stock return | -13,994,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of preferred stock | -2,595,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stock | -24,111,000 | -24,899,000 | -18,662,000 | -16,866,000 | -22,105,000 | -18,718,000 | -72,578,000 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 | 2014-03-31 | 2013-12-31 | 2013-09-30 | 2013-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 103,544,000 | 125,206,000 | 133,572,000 | 102,085,000 | 70,282,000 | 41,765,000 | 176,678,000 | 161,550,000 | 152,820,000 | 139,036,000 | 86,157,000 | 97,200,000 | 163,266,000 | 150,550,000 | 152,161,000 | 163,993,000 | 152,829,000 | 145,913,000 | 133,233,000 | 109,174,000 | 455,152,000 | 435,345,000 | 117,483,000 | 156,286,000 | 214,229,000 | 170,016,000 | 217,662,000 | 181,867,000 | 188,690,000 | 184,155,000 | 102,664,000 | 140,420,000 | 117,039,000 | 196,356,000 | 222,378,000 | 96,416,000 | 105,929,000 | 117,302,000 | 146,830,000 | 508,601,000 | 312,671,000 | 366,833,000 | 387,955,000 | 392,117,000 | 400,056,000 | 211,236,000 | 243,206,000 | 196,163,000 | 219,572,000 | 266,342,000 | 284,691,000 | 312,154,000 |
accounts receivable | 115,141,000 | 112,558,000 | 114,358,000 | 112,729,000 | 115,372,000 | 111,513,000 | 45,875,000 | 53,653,000 | 49,405,000 | 48,233,000 | 49,356,000 | 50,587,000 | 46,698,000 | 54,210,000 | 49,234,000 | 44,570,000 | 42,102,000 | 37,730,000 | 40,354,000 | 39,999,000 | 36,232,000 | 39,833,000 | 32,497,000 | 71,684,000 | 92,619,000 | 101,360,000 | 102,708,000 | 113,975,000 | 123,791,000 | 134,308,000 | 146,172,000 | 141,134,000 | 131,738,000 | 117,896,000 | 112,029,000 | 87,097,000 | 76,665,000 | 73,743,000 | 62,687,000 | 65,107,000 | 70,873,000 | 69,317,000 | 51,812,000 | 46,695,000 | 42,233,000 | 48,509,000 | 36,504,000 | 31,775,000 | 29,669,000 | 25,690,000 | 27,380,000 | 25,466,000 |
inventories | 101,794,000 | 98,853,000 | 81,891,000 | 87,964,000 | 93,795,000 | 97,934,000 | 74,848,000 | 69,058,000 | 69,298,000 | 63,187,000 | 62,792,000 | 60,250,000 | 54,496,000 | 49,493,000 | 46,598,000 | 42,543,000 | 36,467,000 | 33,976,000 | 29,964,000 | 27,422,000 | 28,560,000 | 28,114,000 | 35,107,000 | 130,092,000 | 123,179,000 | 117,144,000 | 133,413,000 | 151,533,000 | 147,354,000 | 193,045,000 | 209,734,000 | 178,506,000 | 168,782,000 | 45,543,000 | 48,621,000 | 52,041,000 | 51,235,000 | 50,266,000 | 35,590,000 | 25,092,000 | 21,970,000 | 20,937,000 | 21,911,000 | 22,736,000 | 24,124,000 | 21,913,000 | 17,246,000 | 12,606,000 | 11,693,000 | 13,646,000 | 14,888,000 | 16,443,000 |
assets held for sale | 26,268,000 | 26,253,000 | 16,625,000 | 16,625,000 | 16,625,000 | 16,625,000 | ||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 83,723,000 | 69,039,000 | 77,162,000 | 55,256,000 | 50,013,000 | 60,676,000 | 63,782,000 | 64,138,000 | 63,873,000 | 48,723,000 | 46,259,000 | 45,100,000 | 42,415,000 | 48,895,000 | 39,654,000 | 32,295,000 | 36,921,000 | 11,802,000 | 9,625,000 | 8,934,000 | 6,448,000 | 36,305,000 | 25,018,000 | 30,458,000 | 32,140,000 | 34,695,000 | 32,490,000 | 35,092,000 | 28,638,000 | 20,310,000 | 20,414,000 | 20,870,000 | 17,152,000 | 24,942,000 | 28,923,000 | 23,379,000 | 20,773,000 | 10,920,000 | 9,589,000 | 13,450,000 | 12,615,000 | 13,236,000 | 12,367,000 | 15,549,000 | 18,272,000 | 16,287,000 | 10,753,000 | 6,516,000 | ||||
total current assets | 430,470,000 | 431,909,000 | 423,608,000 | 385,855,000 | 354,275,000 | 323,093,000 | 347,414,000 | 344,937,000 | 335,305,000 | 314,594,000 | 286,833,000 | 256,760,000 | 335,447,000 | 324,149,000 | 290,408,000 | 300,001,000 | 271,052,000 | 249,914,000 | 240,472,000 | 188,397,000 | 529,569,000 | 512,226,000 | 819,034,000 | 390,473,000 | 466,489,000 | 424,825,000 | 478,801,000 | 477,833,000 | 491,975,000 | 585,526,000 | 579,635,000 | 618,343,000 | 628,830,000 | 592,897,000 | 591,938,000 | 539,665,000 | 584,256,000 | 604,730,000 | 612,755,000 | 622,179,000 | 426,287,000 | 468,007,000 | 471,267,000 | 474,998,000 | 479,028,000 | 294,894,000 | 309,323,000 | 256,093,000 | 279,206,000 | 321,965,000 | 337,857,000 | 360,772,000 |
non-current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment | 116,529,000 | 117,274,000 | 115,766,000 | 116,451,000 | 117,329,000 | 119,125,000 | 93,830,000 | 94,686,000 | 96,042,000 | 98,129,000 | 100,982,000 | 103,711,000 | 104,685,000 | 104,595,000 | 98,688,000 | 84,586,000 | 71,596,000 | 63,672,000 | 58,403,000 | 59,207,000 | 61,519,000 | 63,493,000 | 64,307,000 | 463,147,000 | 505,584,000 | 560,318,000 | 553,040,000 | 549,908,000 | 565,485,000 | 511,867,000 | 506,703,000 | 532,148,000 | 530,687,000 | 656,038,000 | 614,311,000 | 583,245,000 | 542,438,000 | 519,810,000 | 493,225,000 | 467,105,000 | 449,791,000 | 434,490,000 | 419,399,000 | 406,597,000 | 396,001,000 | 363,108,000 | 327,707,000 | 304,693,000 | 283,494,000 | 265,634,000 | 251,010,000 | 238,053,000 |
intangible assets | 233,382,000 | 248,818,000 | 255,706,000 | 263,540,000 | 269,481,000 | 275,331,000 | 64,888,000 | 61,052,000 | 57,870,000 | 55,647,000 | 52,719,000 | 51,122,000 | 50,444,000 | 49,509,000 | 50,220,000 | 48,842,000 | 49,159,000 | 49,554,000 | 48,162,000 | 49,453,000 | 51,128,000 | 52,693,000 | 90,661,000 | 90,296,000 | 87,192,000 | 85,175,000 | 84,170,000 | 82,535,000 | 80,787,000 | 78,823,000 | 78,200,000 | 78,775,000 | 79,222,000 | 78,464,000 | 78,122,000 | 76,637,000 | 74,369,000 | 72,848,000 | 68,652,000 | 67,080,000 | ||||||||||||
goodwill | 193,187,000 | 193,187,000 | 192,638,000 | 192,168,000 | 185,234,000 | 184,831,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 620,000 | 4,319,000 | 3,669,000 | ||||||||||||||||||||||||||||
operating lease right-of-use assets | 55,585,000 | 57,990,000 | 60,401,000 | 63,081,000 | 65,946,000 | 68,465,000 | 67,171,000 | 67,829,000 | 69,804,000 | 70,552,000 | 71,539,000 | 72,467,000 | 73,468,000 | 75,261,000 | 75,694,000 | 72,384,000 | 70,973,000 | 70,989,000 | 71,411,000 | 31,150,000 | 32,473,000 | 33,690,000 | 32,564,000 | 56,173,000 | 58,085,000 | 63,386,000 | 84,483,000 | 68,702,000 | 70,129,000 | |||||||||||||||||||||||
other non-current assets, net of allowances of 603 and 538, respectively | 49,805,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 202,236,000 | 209,666,000 | 210,323,000 | 208,805,000 | 211,935,000 | 217,309,000 | 209,444,000 | 207,188,000 | 206,223,000 | 216,638,000 | 217,976,000 | 223,997,000 | 160,716,000 | 162,657,000 | 164,124,000 | 175,773,000 | 177,934,000 | 185,133,000 | ||||||||||||||||||||||||||||||||||
total non-current assets | 850,724,000 | 871,863,000 | 871,494,000 | 877,115,000 | 884,113,000 | 906,138,000 | 463,323,000 | 457,740,000 | 473,648,000 | 466,945,000 | 480,455,000 | 488,753,000 | 423,791,000 | 435,377,000 | 438,231,000 | 423,565,000 | 414,223,000 | 397,773,000 | 202,733,000 | 163,639,000 | 158,163,000 | 161,362,000 | 165,421,000 | 674,342,000 | 724,981,000 | 789,875,000 | 801,573,000 | 804,315,000 | 804,835,000 | 679,570,000 | 668,827,000 | 685,965,000 | 671,312,000 | 810,278,000 | 770,973,000 | 737,591,000 | 685,814,000 | 641,466,000 | 611,469,000 | 583,148,000 | 559,735,000 | 536,346,000 | 536,575,000 | 520,777,000 | 511,130,000 | 472,746,000 | 435,663,000 | 411,764,000 | 390,225,000 | 367,035,000 | 351,247,000 | 342,644,000 |
total assets | 1,281,194,000 | 1,303,772,000 | 1,295,102,000 | 1,262,970,000 | 1,238,388,000 | 1,229,231,000 | 810,737,000 | 802,677,000 | 808,953,000 | 781,539,000 | 767,288,000 | 745,513,000 | 759,238,000 | 759,526,000 | 728,639,000 | 723,566,000 | 685,275,000 | 647,687,000 | 443,205,000 | 352,036,000 | 687,732,000 | 673,588,000 | 984,455,000 | 1,064,815,000 | 1,191,470,000 | 1,214,700,000 | 1,280,374,000 | 1,282,148,000 | 1,296,810,000 | 1,265,096,000 | 1,248,462,000 | 1,304,308,000 | 1,300,142,000 | 1,403,175,000 | 1,362,911,000 | 1,277,256,000 | 1,270,070,000 | 1,246,196,000 | 1,224,224,000 | 1,205,327,000 | 986,022,000 | 1,004,353,000 | 1,007,842,000 | 995,775,000 | 990,158,000 | 767,640,000 | 744,986,000 | 667,857,000 | 669,431,000 | 689,000,000 | 689,104,000 | 703,416,000 |
liabilities and stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 81,688,000 | 92,514,000 | 74,394,000 | 64,772,000 | 67,382,000 | 67,231,000 | 26,445,000 | 25,271,000 | 22,823,000 | 16,094,000 | 15,328,000 | 17,346,000 | 14,487,000 | 13,646,000 | 18,413,000 | 20,662,000 | 18,119,000 | 17,203,000 | 13,974,000 | 14,725,000 | 11,322,000 | 11,013,000 | 6,060,000 | 41,412,000 | 35,995,000 | 17,160,000 | 25,521,000 | 29,617,000 | 27,861,000 | 23,860,000 | 31,911,000 | 37,257,000 | 42,149,000 | 27,130,000 | 23,845,000 | 29,471,000 | 37,890,000 | 31,689,000 | 30,952,000 | 22,882,000 | 26,108,000 | 28,189,000 | 27,154,000 | 19,888,000 | 21,856,000 | 41,026,000 | 28,425,000 | 21,382,000 | 16,428,000 | 22,251,000 | 15,210,000 | 17,609,000 |
accrued liabilities | 117,709,000 | 139,020,000 | 134,717,000 | 122,079,000 | 83,808,000 | 81,889,000 | 61,476,000 | 52,982,000 | 47,643,000 | 47,649,000 | 38,219,000 | 35,938,000 | 49,300,000 | 60,056,000 | 50,677,000 | 62,254,000 | 58,683,000 | 59,868,000 | 94,816,000 | 61,843,000 | 94,134,000 | 83,009,000 | 77,901,000 | 147,344,000 | 176,238,000 | 174,111,000 | 200,753,000 | 185,193,000 | 183,067,000 | 212,459,000 | 184,912,000 | 205,018,000 | 163,521,000 | 201,815,000 | 148,264,000 | 148,569,000 | 110,880,000 | 132,055,000 | 108,581,000 | 85,131,000 | 81,567,000 | 88,690,000 | 74,303,000 | 67,650,000 | 57,418,000 | 52,894,000 | 49,795,000 | 46,280,000 | 42,054,000 | 49,146,000 | 49,888,000 | 53,231,000 |
deferred revenue | 36,360,000 | 35,194,000 | 32,114,000 | 36,258,000 | 38,477,000 | 30,408,000 | 1,843,000 | 1,862,000 | 2,150,000 | 1,003,000 | 1,704,000 | 1,877,000 | 2,357,000 | 3,418,000 | 1,604,000 | 1,507,000 | 1,599,000 | 1,825,000 | 2,257,000 | 2,474,000 | 3,759,000 | 3,113,000 | 2,492,000 | 29,689,000 | 28,472,000 | 34,789,000 | 32,499,000 | 30,551,000 | 37,602,000 | 38,571,000 | 34,815,000 | 37,275,000 | 36,227,000 | 43,448,000 | 39,062,000 | 36,817,000 | 36,052,000 | 32,722,000 | 28,913,000 | 26,521,000 | 24,913,000 | 24,055,000 | 27,536,000 | 32,477,000 | 29,895,000 | 20,181,000 | 19,064,000 | 13,702,000 | 13,094,000 | 11,718,000 | 12,043,000 | 8,577,000 |
current portion of long-term debt | 23,589,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 2,500,000 | 7,250,000 | 7,250,000 | 7,250,000 | 7,250,000 | 7,250,000 | 7,250,000 | 7,250,000 | 7,250,000 | 7,250,000 | 7,250,000 | 109,897,000 | 109,620,000 | 109,348,000 | 109,080,000 | 341,000,000 | |||||||||||||||||||||||||||||||
total current liabilities | 259,346,000 | 269,228,000 | 243,725,000 | 225,609,000 | 192,167,000 | 182,028,000 | 97,014,000 | 87,365,000 | 79,866,000 | 71,996,000 | 62,501,000 | 62,411,000 | 73,394,000 | 84,370,000 | 77,944,000 | 91,673,000 | 188,298,000 | 188,516,000 | 220,395,000 | 188,122,000 | 109,215,000 | 438,135,000 | 455,889,000 | 291,611,000 | 271,423,000 | 252,642,000 | 283,727,000 | 270,098,000 | 271,256,000 | 299,687,000 | 278,748,000 | 308,199,000 | 272,837,000 | 316,278,000 | 269,105,000 | 268,316,000 | 235,525,000 | 251,063,000 | 214,345,000 | 177,737,000 | 179,497,000 | 197,578,000 | 171,230,000 | 159,096,000 | 148,285,000 | 151,486,000 | 129,899,000 | 111,076,000 | 99,816,000 | 109,965,000 | 93,123,000 | 94,084,000 |
non-current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 813,043,000 | 833,579,000 | 833,030,000 | 832,513,000 | 832,035,000 | 831,581,000 | 583,864,000 | 585,060,000 | 586,274,000 | 587,501,000 | 588,733,000 | 590,051,000 | 688,991,000 | 690,173,000 | 691,337,000 | 692,482,000 | 693,617,000 | 694,760,000 | 695,894,000 | 697,035,000 | 1,163,822,000 | 827,968,000 | 1,126,634,000 | 1,118,602,000 | 1,124,713,000 | 1,101,248,000 | 1,096,166,000 | 1,092,321,000 | 1,030,359,000 | 1,024,893,000 | 1,018,011,000 | 1,012,155,000 | 1,006,442,000 | 1,000,868,000 | 995,546,000 | 880,371,000 | 875,199,000 | 800,715,000 | 796,201,000 | 790,951,000 | 546,274,000 | 542,573,000 | 566,749,000 | 564,510,000 | 562,715,000 | 301,922,000 | 304,661,000 | 232,275,000 | 233,951,000 | 235,627,000 | 237,303,000 | 238,979,000 |
non-current operating lease liabilities | 52,871,000 | 55,772,000 | 58,742,000 | 62,206,000 | 65,222,000 | 68,178,000 | 68,005,000 | 69,471,000 | 71,784,000 | 73,047,000 | 74,481,000 | 75,963,000 | 77,265,000 | 79,241,000 | 80,123,000 | 77,744,000 | 77,074,000 | 77,329,000 | 77,774,000 | 34,589,000 | 36,354,000 | 38,018,000 | 38,223,000 | 80,983,000 | 82,975,000 | 77,808,000 | 96,208,000 | 97,619,000 | 99,870,000 | |||||||||||||||||||||||
other non-current liabilities | 37,914,000 | 44,064,000 | 52,649,000 | 39,852,000 | 66,016,000 | 78,120,000 | 9,130,000 | 8,770,000 | 8,590,000 | 8,270,000 | 8,031,000 | 7,876,000 | 7,731,000 | 7,611,000 | 7,523,000 | 7,293,000 | 7,326,000 | 7,236,000 | 9,379,000 | 9,572,000 | 9,844,000 | 10,581,000 | 10,903,000 | 53,353,000 | 53,793,000 | 46,493,000 | 53,774,000 | 48,486,000 | 47,556,000 | 80,191,000 | 83,119,000 | 83,887,000 | 87,546,000 | 134,655,000 | 123,198,000 | 118,833,000 | 113,299,000 | 90,668,000 | 87,877,000 | 83,358,000 | 73,713,000 | 68,850,000 | 59,850,000 | 45,051,000 | 40,870,000 | 26,082,000 | 18,126,000 | 16,153,000 | 16,253,000 | 14,436,000 | 3,914,000 | 1,103,000 |
total non-current liabilities | 903,828,000 | 933,415,000 | 944,421,000 | 934,571,000 | 963,273,000 | 977,879,000 | 660,999,000 | 663,301,000 | 666,648,000 | 668,818,000 | 671,245,000 | 673,890,000 | 773,987,000 | 777,025,000 | 778,983,000 | 777,519,000 | 778,017,000 | 779,325,000 | 783,047,000 | 741,196,000 | 1,210,020,000 | 876,567,000 | 1,175,760,000 | 1,342,221,000 | 1,406,653,000 | 1,360,948,000 | 1,379,476,000 | 1,375,657,000 | 1,309,528,000 | 1,234,170,000 | 1,230,995,000 | 1,224,321,000 | 1,218,641,000 | 1,278,461,000 | 1,249,333,000 | 1,125,454,000 | 1,111,194,000 | 1,035,526,000 | 1,027,852,000 | 1,017,579,000 | 759,530,000 | 740,580,000 | 741,427,000 | 717,163,000 | 702,110,000 | 418,396,000 | 396,173,000 | 316,156,000 | 314,303,000 | 308,845,000 | 306,600,000 | 302,501,000 |
total liabilities | 1,163,174,000 | 1,202,643,000 | 1,188,146,000 | 1,160,180,000 | 1,155,440,000 | 1,159,907,000 | 758,013,000 | 750,666,000 | 746,514,000 | 740,814,000 | 733,746,000 | 736,301,000 | 847,381,000 | 861,395,000 | 856,927,000 | 869,192,000 | 966,315,000 | 967,841,000 | 1,003,442,000 | 929,318,000 | 1,319,235,000 | 1,314,702,000 | 1,631,649,000 | 1,633,832,000 | 1,678,076,000 | 1,613,590,000 | 1,663,203,000 | 1,645,755,000 | 1,580,784,000 | 1,533,857,000 | 1,509,743,000 | 1,532,520,000 | 1,491,478,000 | 1,594,739,000 | 1,518,438,000 | 1,393,770,000 | 1,346,719,000 | 1,286,589,000 | 1,242,197,000 | 1,195,316,000 | 939,027,000 | 938,158,000 | 912,657,000 | 876,259,000 | 850,395,000 | 569,882,000 | 526,072,000 | 427,232,000 | 414,119,000 | 418,810,000 | 399,723,000 | 396,585,000 |
commitments and contingencies | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, par value 0.0001... | 14,000 | 13,000 | 13,000 | 15,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 14,000 | 13,000 | 13,000 | 11,000 | 11,000 | 11,000 | 11,000 | 9,000 | 9,000 | 9,000 | 8,000 | 8,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 9,000 | 8,000 | 8,000 | 8,000 |
additional paid-in capital | 1,291,858,000 | 1,288,294,000 | 1,283,209,000 | 1,472,226,000 | 1,463,873,000 | 1,460,270,000 | 1,413,842,000 | 1,409,060,000 | 1,404,217,000 | 1,402,003,000 | 1,396,348,000 | 1,391,692,000 | 1,386,295,000 | 1,385,933,000 | 1,383,858,000 | 1,379,356,000 | 1,259,223,000 | 1,258,477,000 | 1,240,231,000 | 1,234,111,000 | 1,080,305,000 | 1,088,590,000 | 979,499,000 | 963,458,000 | ||||||||||||||||||||||||||||
accumulated other comprehensive income | 285,000 | 44,000 | 960,000 | 2,227,000 | 3,546,000 | 5,567,000 | 4,959,000 | 11,991,000 | 14,966,000 | 15,796,000 | 23,913,000 | 25,152,000 | 23,043,000 | 30,128,000 | 33,455,000 | 22,420,000 | 17,961,000 | 1,789,000 | ||||||||||||||||||||||||||||||||||
accumulated deficit | -1,174,137,000 | -1,187,222,000 | -1,177,226,000 | -1,175,296,000 | -1,188,103,000 | -1,200,145,000 | -1,171,932,000 | -1,182,562,000 | -1,183,401,000 | -1,213,891,000 | -1,228,358,000 | -1,249,271,000 | -1,339,120,000 | -1,359,569,000 | -1,387,239,000 | -1,407,415,000 | -1,429,432,000 | -1,451,628,000 | -1,670,337,000 | -1,681,296,000 | -1,612,048,000 | -1,629,843,000 | -1,630,688,000 | -1,550,564,000 | -1,464,585,000 | -1,376,142,000 | -1,355,420,000 | -1,332,529,000 | -1,248,566,000 | -1,228,674,000 | -1,169,863,000 | -1,132,146,000 | -1,092,623,000 | -1,089,369,000 | -1,048,231,000 | -1,002,950,000 | -958,741,000 | -917,374,000 | -890,442,000 | -857,169,000 | -816,975,000 | -792,869,000 | -758,990,000 | -730,120,000 | -705,348,000 | -685,256,000 | -661,145,000 | -636,246,000 | -617,584,000 | -600,718,000 | -578,613,000 | -559,895,000 |
total stockholders’ equity | 118,020,000 | 101,129,000 | 106,956,000 | 102,790,000 | 82,948,000 | 69,324,000 | 52,724,000 | 52,011,000 | 62,439,000 | 40,725,000 | 33,542,000 | 9,212,000 | -40,393,000 | -17,973,000 | 10,011,000 | 46,995,000 | 66,195,000 | 95,185,000 | 119,516,000 | 139,763,000 | 197,758,000 | 218,914,000 | 240,625,000 | 255,312,000 | 270,190,000 | 289,381,000 | 306,831,000 | |||||||||||||||||||||||||
total liabilities and stockholders’ equity | 1,281,194,000 | 1,303,772,000 | 1,295,102,000 | 1,262,970,000 | 1,238,388,000 | 1,229,231,000 | 810,737,000 | 802,677,000 | 808,953,000 | 781,539,000 | 767,288,000 | 745,513,000 | 1,246,196,000 | 1,224,224,000 | 1,205,327,000 | 986,022,000 | 1,004,353,000 | 1,007,842,000 | 995,775,000 | 990,158,000 | 767,640,000 | 744,986,000 | 667,857,000 | 669,431,000 | 689,000,000 | 689,104,000 | 703,416,000 | |||||||||||||||||||||||||
investment in convertible note | 4,207,000 | 3,761,000 | 3,438,000 | 18,132,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 538 and 861, respectively | 44,928,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
treasury stock | -196,382,000 | -196,382,000 | -196,382,000 | -194,159,000 | -186,492,000 | -173,357,000 | -163,197,000 | -158,375,000 | -158,375,000 | -158,375,000 | -158,375,000 | -158,375,000 | -140,000,000 | -128,803,000 | -128,803,000 | -128,803,000 | -128,803,000 | -98,857,000 | -98,857,000 | -98,857,000 | -98,857,000 | -98,857,000 | ||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 450 and 861, respectively | 36,660,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets, net of allowances of 2,000 and 0, respectively | 66,452,000 | 58,201,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 909 and 861, respectively | 33,070,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 894 and 861, respectively | 34,188,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 861 and 591, respectively | 36,870,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 720 and 591, respectively | 24,229,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 664 and 591, respectively | 23,547,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 614 and 591, respectively | 25,577,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 24,655,000 | 24,728,000 | 24,796,000 | 39,323,000 | 88,575,000 | 123,191,000 | 182,633,000 | 212,792,000 | 188,496,000 | 283,241,000 | 333,275,000 | 338,477,000 | 338,725,000 | |||||||||||||||||||||||||||||||||||||||
total cash, cash-equivalents and short-term investments | 139,036,000 | 175,346,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 591 and 501, respectively | 25,979,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total cash, cash equivalents and short-term investments | 110,812,000 | 97,200,000 | 187,994,000 | 170,016,000 | 217,662,000 | 181,867,000 | 188,690,000 | 223,478,000 | 191,239,000 | 263,611,000 | 299,672,000 | 409,148,000 | 410,874,000 | 379,657,000 | 439,204,000 | 455,779,000 | 485,555,000 | |||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 545 and 501, respectively | 37,239,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 513 and 501, respectively | 37,456,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 487 and 501, respectively | 34,478,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ deficit | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ deficit | -88,143,000 | -101,869,000 | -128,288,000 | -145,626,000 | -281,040,000 | -320,154,000 | -560,237,000 | -577,282,000 | -631,503,000 | -641,114,000 | -647,194,000 | -569,017,000 | -486,606,000 | -398,890,000 | -382,829,000 | -363,607,000 | -283,974,000 | -268,761,000 | -261,281,000 | -228,212,000 | -191,336,000 | -191,564,000 | -155,527,000 | -116,514,000 | -76,649,000 | |||||||||||||||||||||||||||
total liabilities and stockholders’ deficit | 759,238,000 | 759,526,000 | 728,639,000 | 723,566,000 | 685,275,000 | 647,687,000 | 443,205,000 | 352,036,000 | 687,732,000 | 673,588,000 | 984,455,000 | 1,064,815,000 | 1,191,470,000 | 1,214,700,000 | 1,280,374,000 | 1,282,148,000 | 1,296,810,000 | 1,265,096,000 | 1,248,462,000 | 1,304,308,000 | 1,300,142,000 | 1,403,175,000 | 1,362,911,000 | 1,277,256,000 | 1,270,070,000 | |||||||||||||||||||||||||||
other non-current assets, net of allowances of 501 and 455, respectively | 43,355,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 526 and 455, respectively | 49,505,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 524 and 455, respectively | 41,980,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 515 and 455, respectively | 44,561,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 455 and 375, respectively | 28,425,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 431 and 375, respectively | 24,757,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -1,339,000 | -1,305,000 | -912,000 | -1,013,000 | -4,323,000 | -4,858,000 | -5,127,000 | -2,256,000 | -2,880,000 | -2,217,000 | -3,144,000 | -3,554,000 | -2,768,000 | -3,146,000 | -1,767,000 | -933,000 | -1,018,000 | -1,673,000 | -1,937,000 | -2,163,000 | -1,812,000 | -1,712,000 | -1,776,000 | -2,188,000 | -2,101,000 | -1,689,000 | -1,848,000 | -1,200,000 | -778,000 | -305,000 | -667,000 | -425,000 | -161,000 | -242,000 | ||||||||||||||||||
other non-current assets, net of allowances of 397 and 375, respectively | 23,829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 375 and 375, respectively | 13,043,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 375 and 0, respectively | 11,486,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities of discontinued operations | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets held for sale | 627,499,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill and intangible assets | 53,188,000 | 74,407,000 | 75,083,000 | 76,499,000 | 80,381,000 | 81,161,000 | 82,888,000 | 83,491,000 | 84,130,000 | 83,078,000 | 84,498,000 | 87,133,000 | ||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 320 and 0, respectively | 15,362,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
non-current assets held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities held for sale | 369,436,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
non-current liabilities held for sale | ||||||||||||||||||||||||||||||||||||||||||||||||||||
additional paid-in-capital | 1,086,665,000 | 1,085,254,000 | 1,081,955,000 | 975,462,000 | 971,130,000 | 967,727,000 | 911,341,000 | 907,071,000 | 903,045,000 | 898,729,000 | 893,713,000 | 888,100,000 | 884,020,000 | 879,135,000 | 874,272,000 | 868,883,000 | 865,737,000 | 861,243,000 | 856,267,000 | 851,316,000 | 846,950,000 | 884,205,000 | 880,828,000 | 877,167,000 | 873,554,000 | 871,325,000 | 868,147,000 | 866,960,000 | ||||||||||||||||||||||||
prepaid expenses and other current assets, net of allowances of 1,491 and 0, respectively | 32,411,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 9,568 and 0, respectively | 80,615,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
deferred airborne lease incentives | 73,166,000 | 30,718,000 | 26,582,000 | 24,954,000 | 24,737,000 | 22,726,000 | 24,145,000 | 25,877,000 | 27,207,000 | 29,472,000 | 42,096,000 | 39,071,000 | 35,342,000 | 33,136,000 | 36,277,000 | 27,888,000 | 25,734,000 | 23,914,000 | 21,659,000 | 19,124,000 | 17,683,000 | 16,090,000 | 13,767,000 | 11,645,000 | 10,635,000 | 9,956,000 | 9,005,000 | 8,374,000 | 7,741,000 | |||||||||||||||||||||||
prepaid expenses and other current assets, net of allowances of 997 and 0, respectively | 36,462,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets, net of allowances of 6,111 and 0, respectively | 86,229,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other non-current assets | 89,672,000 | 83,669,000 | 104,544,000 | 86,333,000 | 84,212,000 | 77,994,000 | 70,739,000 | 56,127,000 | 67,107,000 | 58,508,000 | 56,557,000 | 48,291,000 | 28,088,000 | 25,919,000 | 25,353,000 | 21,002,000 | 14,878,000 | 13,159,000 | 10,008,000 | 9,405,000 | 11,384,000 | 9,298,000 | 10,643,000 | 11,710,000 | 9,546,000 | 12,068,000 | 17,822,000 | |||||||||||||||||||||||||
liabilities and stockholders’ deficit current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion capital leases | 652,000 | 1,789,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
revenue: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
service revenue | 630,147,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
equipment revenue | 263,617,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total revenue | 893,764,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of service revenue | 291,642,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
cost of equipment revenue | 222,244,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
engineering, design and development | 120,090,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
sales and marketing | 58,823,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative | 94,269,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 133,617,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 920,685,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | -26,921,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | -4,292,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | 122,809,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 19,653,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
adjustment of deferred financing costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | 233,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | 138,403,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -165,324,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | -3,293,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -162,031,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common stock per share—basic and diluted | -2,020 | |||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average number of shares—basic and diluted | 80,038,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of capital leases | 1,233,000 | 1,442,000 | 1,468,000 | 2,149,000 | 2,613,000 | |||||||||||||||||||||||||||||||||||||||||||||||
long-term restricted cash | 6,873,000 | 6,873,000 | 7,273,000 | 7,773,000 | 7,535,000 | 7,535,000 | 7,535,000 | 7,535,000 | 7,535,000 | 7,874,000 | 7,874,000 | 7,874,000 | 7,899,000 | 7,899,000 | 7,899,000 | 5,418,000 | 1,390,000 | 1,390,000 | ||||||||||||||||||||||||||||||||||
accrued airline revenue share | 16,714,000 | 15,504,000 | 14,606,000 | 15,521,000 | 15,236,000 | 14,717,000 | 13,894,000 | 13,708,000 | 13,240,000 | 12,476,000 | 13,227,000 | 13,273,000 | 11,571,000 | 10,630,000 | 9,969,000 | 9,958,000 | ||||||||||||||||||||||||||||||||||||
deferred tax liabilities | 9,001,000 | 8,791,000 | 8,581,000 | 8,264,000 | 8,055,000 | 7,845,000 | 7,635,000 | 7,425,000 | 7,218,000 | 7,011,000 | 6,805,000 | 6,598,000 | 6,391,000 | 6,184,000 | 5,977,000 | 5,770,000 | 5,602,000 | 5,351,000 | ||||||||||||||||||||||||||||||||||
current portion of long-term debt and capital leases | 2,961,000 | 2,799,000 | 2,775,000 | 2,752,000 | 9,101,000 | 21,277,000 | 9,873,000 | 8,922,000 | 9,799,000 | 10,345,000 | 9,399,000 | 8,447,000 | 8,315,000 | 7,887,000 | 7,608,000 | 6,926,000 | ||||||||||||||||||||||||||||||||||||
debt issuance costs | 17,662,000 | 16,903,000 | 18,008,000 | 11,296,000 | 12,017,000 | 11,272,000 | 12,133,000 | 12,969,000 | 13,808,000 | 14,630,000 | ||||||||||||||||||||||||||||||||||||||||||
redeemable preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||
class a senior convertible preferred stock, par value 0.01 per share... | ||||||||||||||||||||||||||||||||||||||||||||||||||||
class b senior convertible preferred stock, par value 0.01 per share... | ||||||||||||||||||||||||||||||||||||||||||||||||||||
junior convertible preferred stock, par value 0.01 per share... | ||||||||||||||||||||||||||||||||||||||||||||||||||||
total preferred stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 145,000 | 193,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
deferred rent | 3,975,000 | 3,933,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||
asset retirement obligations | 4,672,000 | 4,631,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-06-30 | 2019-12-31 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-03-31 | 2013-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities: | |||||||||||||||||||||||||||||||||||||||||
net income | 13,085,000 | -9,996,000 | -1,930,000 | 12,807,000 | 12,042,000 | -28,213,000 | 10,630,000 | 839,000 | 30,490,000 | 14,467,000 | 20,913,000 | 89,849,000 | 20,449,000 | 27,670,000 | 20,176,000 | 22,017,000 | 22,196,000 | -20,092,000 | -24,111,000 | -16,866,000 | -22,105,000 | ||||||||||||||||||||
adjustments to reconcile net income to cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 15,139,000 | 15,805,000 | 15,214,000 | 15,117,000 | 14,143,000 | 7,229,000 | 4,015,000 | 3,887,000 | 3,841,000 | 4,679,000 | 4,692,000 | 4,539,000 | 2,791,000 | 2,574,000 | 2,716,000 | 3,499,000 | 3,791,000 | 3,658,000 | 7,664,000 | 4,117,000 | 4,049,000 | 81,360,000 | 28,809,000 | 60,716,000 | 30,749,000 | 33,170,000 | 67,857,000 | 35,919,000 | 48,669,000 | 35,824,000 | 30,562,000 | 30,435,000 | 29,600,000 | 49,263,000 | 24,357,000 | 25,222,000 | 39,590,000 | 18,777,000 | 16,866,000 | 15,687,000 | 14,291,000 |
loss on asset disposals, abandonments and write-downs | 208,000 | 460,000 | 26,000 | 5,000 | 13,000 | 2,831,000 | 17,000 | 69,000 | 15,000 | 77,000 | 50,000 | 128,000 | 107,000 | 1,411,000 | 52,000 | 100,000 | 14,000 | 20,000 | -2,000 | -100,000 | 0 | 1,403,000 | 5,605,000 | 4,425,000 | 1,241,000 | 5,249,000 | 6,529,000 | 1,687,000 | |||||||||||||
provision for expected credit losses | 1,855,000 | 1,010,000 | -1,455,000 | 1,004,000 | 945,000 | 2,493,000 | 578,000 | 864,000 | -132,000 | 692,000 | -24,000 | 472,000 | 93,000 | 357,000 | 239,000 | 259,000 | 229,000 | -15,000 | 15,000 | 23,000 | 11,875,000 | ||||||||||||||||||||
deferred income taxes | 7,273,000 | 388,000 | 440,000 | 2,993,000 | 6,136,000 | -7,495,000 | 136,000 | -37,000 | 10,641,000 | 4,083,000 | 6,431,000 | -63,959,000 | 4,273,000 | 2,700,000 | 7,930,000 | 653,000 | 1,887,000 | -187,467,000 | 90,000 | 95,000 | -366,000 | 89,000 | 45,000 | 89,000 | 44,000 | 45,000 | -3,911,000 | -3,863,000 | -3,018,000 | 210,000 | 210,000 | 317,000 | 209,000 | 420,000 | 210,000 | 207,000 | 413,000 | 207,000 | 207,000 | 207,000 | 168,000 |
stock-based compensation expense | 4,833,000 | 5,552,000 | 6,662,000 | 6,367,000 | 5,491,000 | 6,022,000 | 5,030,000 | 4,885,000 | 4,840,000 | 5,559,000 | 5,235,000 | 5,453,000 | 5,041,000 | 4,964,000 | 4,690,000 | 5,404,000 | 4,007,000 | 3,201,000 | 4,741,000 | 1,849,000 | -475,000 | 7,159,000 | 3,800,000 | 8,645,000 | 4,327,000 | 4,381,000 | 8,599,000 | 4,386,000 | 5,283,000 | 5,394,000 | 4,330,000 | 7,986,000 | 4,198,000 | ||||||||
amortization of deferred financing costs and interest rate caps | 1,356,000 | 1,322,000 | 1,267,000 | 1,352,000 | 1,577,000 | 1,362,000 | 1,196,000 | 1,214,000 | 1,375,000 | 1,223,000 | 1,138,000 | 769,000 | 764,000 | 729,000 | 709,000 | 830,000 | 947,000 | ||||||||||||||||||||||||
accretion of debt discount | 462,000 | 459,000 | 446,000 | 431,000 | 416,000 | 201,000 | 106,000 | 103,000 | 100,000 | 99,000 | 85,000 | 111,000 | 108,000 | 111,000 | 114,000 | 116,000 | 115,000 | 8,508,000 | 4,196,000 | 4,083,000 | 4,500,000 | 972,000 | |||||||||||||||||||
change in fair value of earnout liability | -4,943,000 | -7,100,000 | 15,000,000 | ||||||||||||||||||||||||||||||||||||||
change in fair value of convertible note investment | -230,000 | 253,000 | 14,694,000 | -13,132,000 | |||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities: | |||||||||||||||||||||||||||||||||||||||||
accounts receivable | -4,341,000 | 724,000 | -2,569,000 | 1,676,000 | -4,785,000 | 1,794,000 | 7,255,000 | -5,061,000 | -1,017,000 | 477,000 | 1,286,000 | -4,335,000 | 7,405,000 | -5,193,000 | -5,019,000 | -2,699,000 | -4,571,000 | 2,445,000 | 871,000 | 3,586,000 | -7,304,000 | 24,961,000 | 1,402,000 | 20,730,000 | 10,635,000 | 11,437,000 | -23,522,000 | -14,046,000 | -5,668,000 | -24,814,000 | -10,444,000 | -2,872,000 | -11,139,000 | 4,409,000 | -1,491,000 | -17,878,000 | 1,580,000 | 6,002,000 | -12,215,000 | -3,979,000 | 1,690,000 |
inventories | -2,939,000 | -17,139,000 | 6,075,000 | 5,835,000 | 4,148,000 | -4,563,000 | -5,790,000 | 240,000 | -6,111,000 | -395,000 | -2,542,000 | -5,754,000 | -5,003,000 | -2,895,000 | -4,055,000 | -6,076,000 | -2,491,000 | -4,012,000 | 692,000 | -446,000 | 6,993,000 | -12,948,000 | 16,269,000 | -5,297,000 | -1,118,000 | -13,311,000 | -6,223,000 | -12,304,000 | 3,078,000 | 3,420,000 | -806,000 | -969,000 | -14,676,000 | -4,155,000 | -1,033,000 | 974,000 | -823,000 | -2,211,000 | -4,667,000 | 1,953,000 | 1,242,000 |
prepaid expenses and other current assets | -11,590,000 | 1,071,000 | 1,133,000 | -8,081,000 | -3,527,000 | 188,000 | -2,459,000 | -5,242,000 | -5,904,000 | -12,437,000 | -22,306,000 | -6,516,000 | -8,632,000 | -4,511,000 | 12,941,000 | -471,000 | 392,000 | 5,950,000 | -2,238,000 | -375,000 | -1,764,000 | 5,720,000 | -10,382,000 | 6,409,000 | 3,015,000 | -1,965,000 | -4,472,000 | -896,000 | 62,000 | 460,000 | -3,828,000 | 8,296,000 | 3,633,000 | -12,428,000 | -9,826,000 | -1,131,000 | -242,000 | 585,000 | -849,000 | -1,980,000 | 1,489,000 |
contract assets | -4,665,000 | -4,801,000 | -3,541,000 | -3,941,000 | -1,947,000 | -2,825,000 | -5,096,000 | 777,000 | 6,000 | 395,000 | 3,295,000 | -1,030,000 | 557,000 | 672,000 | -88,000 | -341,000 | -2,407,000 | -949,000 | -3,314,000 | -1,886,000 | -1,858,000 | -13,152,000 | -2,881,000 | -20,313,000 | -6,175,000 | -8,928,000 | -14,469,000 | ||||||||||||||
accounts payable | -2,051,000 | 11,481,000 | 4,187,000 | -5,243,000 | 126,000 | -21,045,000 | 1,910,000 | 3,031,000 | 4,809,000 | 1,132,000 | -1,474,000 | 2,809,000 | 1,191,000 | -3,656,000 | 258,000 | 1,715,000 | -857,000 | 1,332,000 | 3,349,000 | 292,000 | 4,386,000 | 25,689,000 | -5,104,000 | 5,736,000 | 2,843,000 | -9,432,000 | 9,263,000 | 11,755,000 | 4,648,000 | -2,690,000 | 350,000 | 1,094,000 | -5,292,000 | -1,598,000 | -18,000 | 839,000 | -5,725,000 | -10,176,000 | 2,930,000 | -2,475,000 | 3,951,000 |
accrued liabilities | -20,941,000 | 4,714,000 | 12,709,000 | 1,731,000 | 2,716,000 | -1,803,000 | 9,027,000 | 5,371,000 | -1,442,000 | 9,442,000 | 2,094,000 | 2,435,000 | -9,620,000 | 4,214,000 | -14,202,000 | 3,883,000 | -5,926,000 | -2,146,000 | -6,483,000 | -10,424,000 | 15,834,000 | -24,053,000 | -160,000 | -7,295,000 | -19,381,000 | 70,000 | 6,498,000 | -6,787,000 | 4,442,000 | 17,691,000 | 7,527,000 | -4,697,000 | 1,086,000 | -2,873,000 | -6,333,000 | 9,294,000 | 11,467,000 | 1,290,000 | -3,237,000 | -8,484,000 | 1,879,000 |
deferred revenue | 973,000 | 2,956,000 | -4,397,000 | -1,561,000 | -2,438,000 | 2,777,000 | -20,000 | -282,000 | 1,146,000 | -703,000 | -174,000 | -480,000 | -1,054,000 | 1,811,000 | 96,000 | -92,000 | -226,000 | -433,000 | -632,000 | 646,000 | 621,000 | -1,500,000 | -3,559,000 | -3,858,000 | 2,257,000 | 1,195,000 | 1,223,000 | 5,440,000 | 10,397,000 | 6,056,000 | 2,438,000 | 2,586,000 | 7,291,000 | 14,235,000 | 5,222,000 | 4,140,000 | 12,753,000 | 10,216,000 | 1,197,000 | 1,163,000 | 1,305,000 |
accrued interest | -5,000 | -6,000 | 0 | 0 | -2,046,000 | 2,031,000 | -313,000 | -1,000 | -2,000 | 156,000 | 163,000 | -9,858,000 | 130,000 | 1,927,000 | 1,884,000 | -1,513,000 | 1,349,000 | -1,570,000 | -8,576,000 | 27,559,000 | -25,592,000 | -5,000 | -27,653,000 | -28,375,000 | -19,514,000 | 24,000,000 | -24,955,000 | 24,955,000 | -18,705,000 | 21,830,000 | -20,867,000 | 19,800,000 | 3,012,000 | -3,397,000 | 3,392,000 | 3,943,000 | |||||
other non-current assets and liabilities | -715,000 | -2,407,000 | -2,005,000 | 2,572,000 | -791,000 | 1,143,000 | -765,000 | -402,000 | 134,000 | -2,224,000 | 588,000 | -1,230,000 | -86,000 | -1,254,000 | -860,000 | -890,000 | -613,000 | -112,000 | -1,198,000 | -654,000 | -777,000 | 4,814,000 | 632,000 | -3,686,000 | 208,000 | -139,000 | -3,880,000 | 440,000 | -1,439,000 | -540,000 | -3,617,000 | -173,000 | -2,660,000 | -5,641,000 | -4,136,000 | -2,691,000 | 192,000 | -19,000 | 21,000 | -238,000 | |
net cash from operating activities | -7,236,000 | 8,503,000 | 46,804,000 | 36,711,000 | 32,472,000 | -38,319,000 | 25,134,000 | 24,949,000 | 29,657,000 | 18,677,000 | 15,627,000 | 18,514,000 | -8,556,000 | -11,278,000 | 5,535,000 | -6,156,000 | 9,585,000 | -29,029,000 | -46,205,000 | 64,465,000 | -6,597,000 | 16,435,000 | -14,047,000 | 19,840,000 | 24,361,000 | -2,408,000 | 17,519,000 | 65,950,000 | 33,606,000 | 10,112,000 | -6,809,000 | 15,218,000 | |||||||||
capital expenditures | -18,788,000 | -33,904,000 | -17,771,000 | -3,178,000 | 3,361,000 | -4,769,000 | -5,923,000 | -2,742,000 | 5,069,000 | -4,428,000 | -11,014,000 | 6,861,000 | -2,208,000 | -33,160,000 | -7,670,000 | 1,813,000 | 3,919,000 | -79,503,000 | -39,348,000 | -61,421,000 | -63,031,000 | -10,049,000 | -29,299,000 | -38,951,000 | 2,973,000 | -24,317,000 | -66,014,000 | -27,347,000 | -20,900,000 | -16,040,000 | -16,403,000 | ||||||||||
free cash flows | -26,024,000 | -25,401,000 | 29,033,000 | 33,533,000 | 35,833,000 | -43,088,000 | 19,211,000 | 22,207,000 | 34,726,000 | 14,249,000 | 4,613,000 | 25,375,000 | -10,764,000 | -44,438,000 | -2,135,000 | -4,343,000 | 13,504,000 | -108,532,000 | 25,117,000 | -68,018,000 | -46,596,000 | -24,096,000 | -9,459,000 | -14,590,000 | 565,000 | -6,798,000 | -64,000 | 6,259,000 | -10,788,000 | -22,849,000 | -1,185,000 | ||||||||||
investing activities: | |||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment | -25,721,000 | -33,904,000 | -19,544,000 | -3,178,000 | -2,751,000 | -4,250,000 | -4,417,000 | -3,386,000 | -1,451,000 | -2,261,000 | -3,600,000 | -7,294,000 | -3,112,000 | -8,727,000 | -17,706,000 | -9,883,000 | -7,598,000 | -1,431,000 | -1,284,000 | -360,000 | -1,370,000 | -13,931,000 | -34,607,000 | -33,598,000 | -23,154,000 | -1,536,000 | -103,599,000 | -56,886,000 | -61,896,000 | -61,587,000 | -65,237,000 | -63,655,000 | -41,186,000 | -71,048,000 | -31,015,000 | -30,096,000 | -85,655,000 | -52,610,000 | -37,157,000 | -31,907,000 | -22,247,000 |
acquisition of intangible assets—capitalized software | -2,292,000 | -3,082,000 | -2,759,000 | -3,418,000 | -3,911,000 | -3,779,000 | -3,141,000 | -2,720,000 | -3,110,000 | -1,755,000 | -1,472,000 | -1,484,000 | -1,255,000 | -2,276,000 | -1,012,000 | -1,457,000 | -3,225,000 | -542,000 | -342,000 | -1,257,000 | -7,170,000 | -2,643,000 | -8,647,000 | -4,557,000 | -5,715,000 | -11,567,000 | -5,772,000 | -4,096,000 | -6,908,000 | -8,898,000 | -7,953,000 | -7,001,000 | -13,993,000 | -6,411,000 | -5,269,000 | -8,590,000 | -4,253,000 | -2,893,000 | -4,188,000 | ||
proceeds from fcc reimbursement program for property, equipment and intangibles | 14,886,000 | 25,499,000 | 3,374,000 | -155,000 | 564,000 | 3,180,000 | 1,120,000 | 67,000 | 28,000 | ||||||||||||||||||||||||||||||||
proceeds from interest rate caps | 1,180,000 | 1,482,000 | 3,000,000 | 2,918,000 | 3,170,000 | 3,727,000 | 6,536,000 | 6,379,000 | 6,539,000 | 7,676,000 | 6,402,000 | 6,087,000 | |||||||||||||||||||||||||||||
net cash from investing activities | -11,947,000 | -16,448,000 | -16,252,000 | -4,786,000 | -2,435,000 | -333,978,000 | -540,000 | -81,000 | -2,604,000 | -27,331,000 | 22,364,000 | 1,559,000 | -21,012,000 | -37,308,000 | -2,562,000 | 11,707,000 | 42,001,000 | -25,565,000 | -32,499,000 | -90,138,000 | 23,264,000 | -23,601,000 | -66,406,000 | -47,851,000 | -85,054,000 | -37,439,000 | -35,577,000 | -94,226,000 | -56,844,000 | -40,050,000 | -38,594,000 | -32,236,000 | |||||||||
financing activities: | |||||||||||||||||||||||||||||||||||||||||
payments on term loan | -625,000 | -625,000 | -625,000 | -625,000 | -625,000 | -625,000 | -1,813,000 | -1,812,000 | -1,813,000 | -1,812,000 | -1,813,000 | -101,812,000 | -1,813,000 | -1,812,000 | -1,813,000 | -1,812,000 | -1,813,000 | -1,812,000 | |||||||||||||||||||||||
payments on financing leases | -15,000 | -2,000 | -5,000 | 0 | -3,000 | -20,000 | -40,000 | -57,000 | -33,000 | -60,000 | -43,000 | -154,000 | -124,000 | -310,000 | -383,000 | -125,000 | |||||||||||||||||||||||||
stock-based compensation activity | -1,971,000 | 390,000 | 1,819,000 | -72,000 | -947,000 | -317,000 | -25,000 | -1,325,000 | -1,343,000 | 96,000 | -579,000 | -2,172,000 | -5,575,000 | 124,000 | -188,000 | -2,492,000 | -23,000 | -2,159,000 | -2,752,000 | -2,646,000 | -262,000 | 237,000 | -178,000 | -58,000 | 315,000 | -257,000 | -70,000 | 202,000 | 330,000 | -1,314,000 | 555,000 | 228,000 | -346,000 | ||||||||
net cash from financing activities | -2,611,000 | -243,000 | 1,161,000 | -695,000 | -1,574,000 | 237,593,000 | -9,449,000 | -16,157,000 | -13,296,000 | -2,412,000 | -104,024,000 | -7,445,000 | 13,930,000 | 533,000 | -2,837,000 | -740,000 | 28,859,000 | -1,444,000 | -688,000 | -536,000 | 109,056,000 | -2,522,000 | 68,938,000 | -1,373,000 | 202,694,000 | -14,135,000 | -3,279,000 | 209,040,000 | 211,869,000 | -2,014,000 | -1,377,000 | -1,320,000 | |||||||||
effect of exchange rate changes on cash | 129,000 | -229,000 | 502,000 | 55,000 | -17,000 | 19,000 | 27,000 | 23,000 | -33,000 | 88,000 | 57,000 | 24,000 | -16,000 | -89,000 | 3,000 | -90,000 | 107,000 | -378,000 | -276,000 | 1,108,000 | -373,000 | 75,000 | 187,000 | 239,000 | 175,000 | 142,000 | -144,000 | -233,000 | -180,000 | 215,000 | 117,000 | 189,000 | -18,000 | 10,000 | -11,000 | ||||||
increase in cash, cash equivalents and restricted cash | -21,665,000 | -8,348,000 | 31,484,000 | 31,732,000 | 28,518,000 | -134,704,000 | 15,128,000 | 8,730,000 | 13,784,000 | 52,879,000 | -11,043,000 | -66,066,000 | 12,716,000 | -1,611,000 | -11,832,000 | 11,139,000 | 6,916,000 | 19,807,000 | -47,946,000 | 4,535,000 | 81,553,000 | ||||||||||||||||||||
cash, cash equivalents and restricted cash at beginning of period | 125,690,000 | 0 | 0 | 0 | 42,304,000 | 0 | 0 | 0 | 139,366,000 | 0 | 0 | 0 | 150,880,000 | 0 | 0 | 0 | 146,268,000 | 0 | 435,870,000 | 435,870,000 | 0 | 177,675,000 | 0 | 191,116,000 | 191,116,000 | 0 | 203,729,000 | 203,729,000 | |||||||||||||
cash, cash equivalents and restricted cash at end of period | 104,025,000 | -8,348,000 | 31,484,000 | 31,732,000 | 70,822,000 | -134,704,000 | 15,128,000 | 8,730,000 | 153,150,000 | 52,879,000 | -11,043,000 | -66,066,000 | 163,596,000 | -1,611,000 | -11,832,000 | 11,139,000 | 153,184,000 | 12,680,000 | 109,199,000 | 455,677,000 | 312,726,000 | 161,947,000 | -47,946,000 | 190,874,000 | 195,651,000 | 81,553,000 | 147,318,000 | 124,412,000 | |||||||||||||
less: current restricted cash | 87,000 | 16,000 | -1,000 | 3,000 | 70,000 | 25,000 | 0 | 25,000 | 525,000 | -35,000 | 560,000 | 25,000 | 1,035,000 | 1,535,000 | -238,000 | 1,738,000 | 738,000 | ||||||||||||||||||||||||
less: non-current restricted cash | 394,000 | 2,000 | -2,000 | -74,000 | 470,000 | 139,000 | 0 | 0 | 330,000 | 0 | 0 | 0 | 330,000 | 0 | 0 | 0 | 330,000 | 0 | 5,101,000 | -325,000 | 7,972,000 | 5,426,000 | 300,000 | 5,160,000 | 6,635,000 | ||||||||||||||||
cash and cash equivalents at end of period | 103,544,000 | -8,366,000 | 31,487,000 | 31,803,000 | 70,282,000 | -134,913,000 | 15,128,000 | 8,730,000 | 152,820,000 | 52,879,000 | -11,043,000 | -66,066,000 | 163,266,000 | -1,611,000 | -11,832,000 | 11,164,000 | 152,829,000 | 12,680,000 | 109,174,000 | 455,152,000 | 317,862,000 | 156,286,000 | -47,646,000 | 181,867,000 | 188,690,000 | 81,491,000 | 140,420,000 | 117,039,000 | -26,022,000 | 125,962,000 | -9,513,000 | 105,929,000 | -29,528,000 | 508,601,000 | 312,671,000 | -21,122,000 | 392,117,000 | 400,056,000 | -31,970,000 | 219,572,000 | -18,349,000 |
supplemental cash flow information: | |||||||||||||||||||||||||||||||||||||||||
cash paid for interest | 17,472,000 | 18,546,000 | 19,272,000 | 19,062,000 | 20,926,000 | 13,257,000 | 14,545,000 | 14,141,000 | 14,207,000 | 14,234,000 | 14,152,000 | 24,745,000 | 15,014,000 | 12,368,000 | 9,161,000 | 11,103,000 | 8,577,000 | 11,454,000 | 51,259,000 | 31,000 | 52,821,000 | 53,080,000 | 54,356,000 | 86,420,000 | 46,163,000 | 1,666,000 | 49,911,000 | 49,911,000 | 0 | 43,661,000 | 0 | 42,698,000 | 0 | 20,748,000 | 14,557,000 | 8,011,000 | 16,123,000 | 8,017,000 | 8,252,000 | 6,811,000 | 7,010,000 |
cash paid for taxes | 160,000 | 1,438,000 | 794,000 | 1,006,000 | 162,000 | 834,000 | 1,116,000 | 1,137,000 | 11,000 | 575,000 | 59,000 | 358,000 | 12,000 | 88,000 | 177,000 | 50,000 | 276,000 | 1,000 | 90,000 | 56,000 | 34,000 | 412,000 | 41,000 | 11,000 | 374,000 | 15,000 | 68,000 | 11,000 | 15,000 | 9,000 | 14,000 | 273,000 | 14,000 | 37,000 | 383,000 | 38,000 | 81,000 | 25,000 | 33,000 | ||
non-cash investing activities: | |||||||||||||||||||||||||||||||||||||||||
purchases of property, equipment and intangibles in liabilities | 6,933,000 | 1,773,000 | |||||||||||||||||||||||||||||||||||||||
change in fair value of convertible note and gain on sale of equity investment | |||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | 0 | 0 | 57,962,000 | 0 | 15,406,000 | ||||||||||||||||||||||||||||||||||||
acquisition of intangible assets | |||||||||||||||||||||||||||||||||||||||||
acquisition of satcom direct, net of cash acquired | 0 | 0 | |||||||||||||||||||||||||||||||||||||||
redemptions of short-term investments | 24,655,000 | 0 | 24,728,000 | 24,796,000 | 0 | 39,323,000 | 39,323,000 | 49,252,000 | 128,924,000 | 69,482,000 | 79,471,000 | 114,551,000 | 134,440,000 | 114,641,000 | 84,723,000 | ||||||||||||||||||||||||||
purchases of short-term investments | 0 | -24,655,000 | 0 | -24,728,000 | 0 | -39,323,000 | -39,323,000 | -103,767,000 | -19,806,000 | -84,406,000 | -109,439,000 | -84,475,000 | |||||||||||||||||||||||||||||
purchases of convertible note and equity investment | |||||||||||||||||||||||||||||||||||||||||
proceeds from sale of equity investment | |||||||||||||||||||||||||||||||||||||||||
proceeds from term loan, net of discount | 0 | 721,375,000 | |||||||||||||||||||||||||||||||||||||||
payment of debt issuance costs | -852,000 | -20,251,000 | -550,000 | 457,000 | -22,645,000 | -557,000 | 0 | 0 | |||||||||||||||||||||||||||||||||
repurchases of common stock | -2,422,000 | -7,606,000 | -13,020,000 | -10,137,000 | 0 | ||||||||||||||||||||||||||||||||||||
payments on finance leases | |||||||||||||||||||||||||||||||||||||||||
effect of foreign exchange rate changes on cash | |||||||||||||||||||||||||||||||||||||||||
fair value of shares issued in acquisition of satcom direct | |||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment in current liabilities | 6,112,000 | -519,000 | -1,506,000 | 644,000 | 6,520,000 | -624,000 | -828,000 | -3,720,000 | 9,973,000 | -861,000 | -1,540,000 | 5,096,000 | 7,993,000 | 5,637,000 | -4,187,000 | 16,014,000 | 19,951,000 | 3,901,000 | 19,001,000 | 23,325,000 | 6,865,000 | -1,904,000 | -322,000 | 49,043,000 | 8,430,000 | 22,051,000 | 29,747,000 | 4,694,000 | 14,486,000 | 23,330,000 | 13,761,000 | 13,565,000 | 4,920,000 | ||||||||
purchase of convertible note | |||||||||||||||||||||||||||||||||||||||||
change in fair value of convertible note and equity investment | |||||||||||||||||||||||||||||||||||||||||
purchases of convertible note and equity investments | |||||||||||||||||||||||||||||||||||||||||
purchase of convertible note investment | 0 | -5,000,000 | |||||||||||||||||||||||||||||||||||||||
operating activities from continuing operations: | |||||||||||||||||||||||||||||||||||||||||
gain on sale of equity investment | |||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt and settlement of convertible notes | |||||||||||||||||||||||||||||||||||||||||
net cash from operating activities from continuing operations | 31,466,000 | 27,699,000 | 26,374,000 | 17,866,000 | 30,342,000 | 9,601,000 | 24,574,000 | -15,802,000 | |||||||||||||||||||||||||||||||||
investing activities from continuing operations: | |||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | 0 | ||||||||||||||||||||||||||||||||||||||||
proceeds from (purchase of) interest rate caps | 3,489,000 | ||||||||||||||||||||||||||||||||||||||||
purchase of equity investment | 0 | ||||||||||||||||||||||||||||||||||||||||
net cash from investing activities from continuing operations | -31,289,000 | -19,179,000 | -10,895,000 | -9,055,000 | -4,656,000 | -10,455,000 | -702,000 | -2,627,000 | |||||||||||||||||||||||||||||||||
financing activities from continuing operations: | |||||||||||||||||||||||||||||||||||||||||
redemption of senior secured notes | 0 | -1,023,146,000 | 0 | -741,360,000 | |||||||||||||||||||||||||||||||||||||
net cash from financing activities from continuing operations | -1,736,000 | -20,409,000 | -4,364,000 | -1,879,000 | -4,814,000 | -324,928,000 | -3,320,000 | 28,438,000 | |||||||||||||||||||||||||||||||||
cash flows from discontinued operations: | |||||||||||||||||||||||||||||||||||||||||
net cash from discontinued operations | -8,204,000 | -800,000 | -748,000 | 304,644,000 | |||||||||||||||||||||||||||||||||||||
changes in fair value of equity investment | |||||||||||||||||||||||||||||||||||||||||
proceeds from fcc reimbursement program | |||||||||||||||||||||||||||||||||||||||||
benefit from expected credit losses | |||||||||||||||||||||||||||||||||||||||||
proceeds from credit facility draw | 0 | 22,000,000 | |||||||||||||||||||||||||||||||||||||||
repayments of amounts drawn from credit facility | -20,000,000 | -5,000,000 | |||||||||||||||||||||||||||||||||||||||
repurchase of convertible notes | 0 | -2,498,000 | -158,954,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from issuance of senior secured notes | 0 | 920,683,000 | |||||||||||||||||||||||||||||||||||||||
cash from operating activities | -800,000 | -748,000 | |||||||||||||||||||||||||||||||||||||||
cash from investing activities | |||||||||||||||||||||||||||||||||||||||||
cash from financing activities | |||||||||||||||||||||||||||||||||||||||||
purchase of interest rate cap | 0 | -8,629,000 | |||||||||||||||||||||||||||||||||||||||
non-cash investing activities | |||||||||||||||||||||||||||||||||||||||||
loss on settlement of convertible notes | 4,397,000 | ||||||||||||||||||||||||||||||||||||||||
amortization of deferred financing costs | 943,000 | 2,781,000 | 1,703,000 | 1,537,000 | 2,872,000 | 1,359,000 | 2,573,000 | 1,249,000 | 1,137,000 | 2,083,000 | 1,035,000 | 1,025,000 | 919,000 | 903,000 | 896,000 | 822,000 | 2,163,000 | 1,168,000 | 1,153,000 | 1,889,000 | 784,000 | 721,000 | 836,000 | 839,000 | |||||||||||||||||
accretion and amortization of debt discount and premium | 116,000 | 188,000 | 84,000 | 3,597,000 | 6,762,000 | 3,221,000 | 8,374,000 | 4,774,000 | 4,255,000 | 9,204,000 | 4,539,000 | 4,414,000 | 4,730,000 | 4,634,000 | 4,508,000 | ||||||||||||||||||||||||||
net loss | -72,278,000 | -5,884,000 | -16,080,000 | -170,757,000 | -22,351,000 | -100,762,000 | -16,799,000 | -64,626,000 | -27,419,000 | -41,138,000 | -45,281,000 | -44,209,000 | -41,367,000 | -26,932,000 | -64,300,000 | -24,106,000 | -33,879,000 | -44,864,000 | |||||||||||||||||||||||
adjustments to reconcile net loss to cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||
losses on extinguishment of debt and settlement of convertible notes | 83,961,000 | ||||||||||||||||||||||||||||||||||||||||
decrease in cash, cash equivalents and restricted cash | -326,671,000 | -15,728,000 | -242,000 | -56,411,000 | -79,317,000 | ||||||||||||||||||||||||||||||||||||
proceeds from issuance of convertible notes | |||||||||||||||||||||||||||||||||||||||||
warranty reserves | -715,000 | 1,586,000 | 948,000 | -588,000 | 2,121,000 | 5,355,000 | |||||||||||||||||||||||||||||||||||
right-of-use assets and operating lease liabilities | 3,205,000 | ||||||||||||||||||||||||||||||||||||||||
redemptions of short—term investments | |||||||||||||||||||||||||||||||||||||||||
other financing activities | |||||||||||||||||||||||||||||||||||||||||
increase (decrease) in cash, cash equivalents and restricted cash | |||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | 47,376,000 | ||||||||||||||||||||||||||||||||||||||||
impairment of cost-basis investment | 3,000,000 | ||||||||||||||||||||||||||||||||||||||||
deferred airborne lease incentives | -11,711,000 | -1,916,000 | -1,486,000 | -3,923,000 | -3,665,000 | -2,986,000 | -1,834,000 | 8,685,000 | 5,348,000 | 2,815,000 | 3,559,000 | 6,017,000 | 8,374,000 | 7,606,000 | 14,370,000 | 15,912,000 | 8,670,000 | 16,815,000 | 5,566,000 | 2,099,000 | |||||||||||||||||||||
other | 89,000 | -58,000 | 360,000 | 95,000 | 150,000 | ||||||||||||||||||||||||||||||||||||
noncash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||
purchases of property and equipment paid by commercial airlines | 6,086,000 | 5,634,000 | 9,914,000 | 5,016,000 | 1,554,000 | 4,816,000 | 2,060,000 | 15,775,000 | 2,070,000 | 2,509,000 | 3,408,000 | 2,811,000 | 8,728,000 | 4,162,000 | 2,868,000 | 5,038,000 | 1,915,000 | 2,313,000 | 495,000 | 410,000 | |||||||||||||||||||||
gain on transition to airline-directed model | 0 | -21,551,000 | -19,302,000 | ||||||||||||||||||||||||||||||||||||||
redemption of convertible notes | |||||||||||||||||||||||||||||||||||||||||
non-cash investing and financing activities: | |||||||||||||||||||||||||||||||||||||||||
adjustment of deferred financing costs | 0 | -792,000 | |||||||||||||||||||||||||||||||||||||||
payments on amended and restated credit agreement | 0 | -310,132,000 | |||||||||||||||||||||||||||||||||||||||
payments on capital leases | -714,000 | -1,187,000 | -618,000 | -621,000 | -800,000 | -843,000 | -697,000 | -737,000 | -1,218,000 | ||||||||||||||||||||||||||||||||
purchases of property and equipment under capital leases | 0 | 279,000 | -92,000 | 0 | 19,000 | 1,155,000 | 646,000 | 1,318,000 | 79,000 | -1,783,000 | 117,000 | 18,000 | 183,000 | 1,807,000 | 514,000 | ||||||||||||||||||||||||||
acquisition of intangible assets in current liabilities | -647,000 | 955,000 | 653,000 | 383,000 | -432,000 | -2,000 | 1,534,000 | 233,000 | 1,201,000 | 1,698,000 | -105,000 | 1,385,000 | 1,555,000 | 477,000 | |||||||||||||||||||||||||||
acquisition of intangible assets in non-current liabilities | 0 | ||||||||||||||||||||||||||||||||||||||||
asset retirement obligation | |||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of senior secured notes | 111,643,000 | 0 | 70,200,000 | 525,000,000 | |||||||||||||||||||||||||||||||||||||
payment of issuance costs | -2,117,000 | -365,000 | -1,120,000 | -10,610,000 | -10,357,000 | -9,492,000 | |||||||||||||||||||||||||||||||||||
asset retirement obligation incurred and adjustments | 516,000 | 4,000 | 33,000 | 320,000 | 425,000 | ||||||||||||||||||||||||||||||||||||
loss on asset disposals/abandonments and assets held for sale | |||||||||||||||||||||||||||||||||||||||||
stock compensation expense | 6,299,000 | 3,085,000 | 3,084,000 | 1,604,000 | 2,453,000 | ||||||||||||||||||||||||||||||||||||
deferred rent | 288,000 | 233,000 | 473,000 | -370,000 | -364,000 | 443,000 | 517,000 | 1,279,000 | 18,714,000 | 14,800,000 | 9,630,000 | ||||||||||||||||||||||||||||||
forward transactions | 0 | -140,000,000 | -140,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | -26,022,000 | -29,528,000 | 141,768,000 | -54,162,000 | -21,122,000 | 180,881,000 | 188,820,000 | -31,970,000 | -18,349,000 | ||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 0 | 0 | 117,302,000 | 0 | 366,833,000 | 366,833,000 | 0 | 211,236,000 | 211,236,000 | 0 | 266,342,000 | 0 | ||||||||||||||||||||||||||||
asset retirement obligation incurred | 372,000 | 294,000 | 412,000 | 390,000 | 204,000 | 308,000 | 973,000 | 1,250,000 | |||||||||||||||||||||||||||||||||
loss of extinguishment of debt | |||||||||||||||||||||||||||||||||||||||||
accrued airline revenue share | 1,196,000 | 891,000 | -918,000 | 290,000 | 1,005,000 | 181,000 | 469,000 | -796,000 | -44,000 | 1,702,000 | 11,000 | ||||||||||||||||||||||||||||||
proceeds from the sale of property and equipment | 0 | 1,000 | 1,000 | 0 | 0 | 6,000 | |||||||||||||||||||||||||||||||||||
loss on asset disposals/abandonments | 1,312,000 | 2,165,000 | 2,964,000 | 924,000 | 277,000 | 969,000 | 1,148,000 | 760,000 | 1,900,000 | 186,000 | 979,000 | ||||||||||||||||||||||||||||||
increase in restricted cash | -2,499,000 | ||||||||||||||||||||||||||||||||||||||||
decrease in cash and cash equivalents | -9,513,000 | -11,373,000 | -46,770,000 | ||||||||||||||||||||||||||||||||||||||
decrease in investing restricted cash | |||||||||||||||||||||||||||||||||||||||||
proceeds from credit facilities | |||||||||||||||||||||||||||||||||||||||||
accretion of convertible notes | |||||||||||||||||||||||||||||||||||||||||
decrease in restricted cash | -14,000 | -14,000 | 19,000 | ||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of convertible notes | 361,940,000 | 361,940,000 | |||||||||||||||||||||||||||||||||||||||
payment of debt, including capital leases | -14,431,000 | -1,860,000 | -6,249,000 | -3,133,000 | -2,307,000 | -2,003,000 | -1,847,000 | ||||||||||||||||||||||||||||||||||
stock option exercises | 296,000 | 3,706,000 | 2,554,000 | 626,000 | |||||||||||||||||||||||||||||||||||||
financing costs included in current liabilities | 865,000 | ||||||||||||||||||||||||||||||||||||||||
write off of deferred financing costs | |||||||||||||||||||||||||||||||||||||||||
fair value derivative adjustment | 0 | ||||||||||||||||||||||||||||||||||||||||
deposits on satellite services | 0 | ||||||||||||||||||||||||||||||||||||||||
acquisition of airfone, includes 1.0 million in restricted cash at december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||
increase in investing restricted cash | -4,888,000 | ||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of underwriter commissions | 0 | ||||||||||||||||||||||||||||||||||||||||
payment of additional offering costs | -198,000 | ||||||||||||||||||||||||||||||||||||||||
stock-based award activities | |||||||||||||||||||||||||||||||||||||||||
class a and class b senior convertible preferred stock return | 0 | ||||||||||||||||||||||||||||||||||||||||
accretion of preferred stock | 0 | ||||||||||||||||||||||||||||||||||||||||
proceeds from credit facility | |||||||||||||||||||||||||||||||||||||||||
decrease (increase) in restricted cash | 19,000 | ||||||||||||||||||||||||||||||||||||||||
write off of deferred equity financing costs | |||||||||||||||||||||||||||||||||||||||||
canadian atg license payments | 31,000 | ||||||||||||||||||||||||||||||||||||||||
acquisition of airfone, includes 1.0 million in restricted cash at september 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
equity financing costs included in current liabilities | |||||||||||||||||||||||||||||||||||||||||
acquisition of airfone, includes 1.0 million in restricted cash at june 30, 2013 | |||||||||||||||||||||||||||||||||||||||||
acquisition of intangible assets—capitalized in current liabilities | 2,269,000 | 1,126,000 | |||||||||||||||||||||||||||||||||||||||
proceeds from issuance of preferred stock | |||||||||||||||||||||||||||||||||||||||||
other non-current assets | |||||||||||||||||||||||||||||||||||||||||
other non-current liabilities | |||||||||||||||||||||||||||||||||||||||||
proceeds from initial public offering, net of offering costs |
