7Baggers
Quarterly
Annual
    Unit: USD2025-09-30 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 2011-09-30 2011-06-30 2011-03-31 2010-12-31 2010-09-30 2009-09-30 2009-06-30 2009-03-31 2008-09-30 2008-06-30 2008-03-31 2007-09-30 2007-06-30 2007-03-31 2006-12-31 
      
    		                                                              
      cash flows from operating activities:
    		                                                              
      net income
    		1,090,000 19,208,000 -17,331,000 -50,219,000 9,934,000 -9,683,000 -13,196,000 -15,078,000 -6,169,000 9,000 -3,480,000 -5,335,000 -204,361,000 -26,757,000 -20,462,000 -23,958,000 -30,885,000 -21,449,000 -36,333,000 -21,734,000 -24,946,000 -24,736,000 -38,223,000 -37,747,000 21,111,000 6,189,000 25,771,000 -96,453,000 9,019,000 -7,012,000 87,930,000 -22,585,000 52,406,000 -98,734,000 -20,161,000 -117,221,000 -2,577,000 14,099,000 -26,947,000 -26,816,000 24,098,000 204,767,000 -129,727,000 92,017,000 129,390,000 -433,732,000 -250,541,000 -681,000 -14,068,000 -6,466,000  -24,493,000 -5,519,000 -13,762,000 -21,758,000 -26,103,000 -7,348,000 -6,635,000 652,000 -12,687,000 444,000 -730,000 
      adjustments to reconcile net income to net cash from operating activities:
    		                                                              
      depreciation, amortization and accretion
    		21,693,000 23,010,000 22,277,000 22,530,000 22,249,000 22,110,000 22,097,000 22,503,000 21,865,000 21,890,000 21,933,000 21,733,000 24,238,000 24,130,000 23,783,000 24,206,000 24,072,000 23,843,000 24,116,000 24,378,000 24,717,000 23,903,000 23,817,000  24,026,000 23,852,000 23,801,000  24,738,000 22,616,000 19,231,000  19,415,000 19,275,000 19,294,000  19,446,000 19,224,000 19,155,000  19,417,000 19,271,000 19,046,000                    
      stock-based compensation expense
    		4,906,000 5,949,000 6,957,000 8,903,000 8,254,000 9,164,000 9,227,000 11,851,000 4,346,000 2,532,000 3,760,000 6,321,000 2,053,000 1,147,000 1,233,000 3,497,000 858,000 1,096,000 1,090,000 1,745,000 1,417,000 1,228,000 1,280,000 1,560,000 1,384,000 1,665,000 1,091,000 2,777,000 1,442,000 1,626,000 1,150,000 1,496,000 1,104,000 1,298,000 1,190,000 1,895,000 1,115,000 1,063,000 785,000 882,000 601,000 654,000 818,000 1,088,000 1,179,000 505,000 628,000 354,000 903,000 651,000  853,000 2,610,000 2,426,000 3,006,000 3,315,000 3,322,000 3,681,000 4,685,000 479,000 245,000  
      noncash interest and accretion expense
    		13,340,000 9,397,000 7,944,000 46,000 1,776,000 1,167,000 3,479,000 2,435,000 2,544,000 3,398,000 6,362,000 5,923,000 7,553,000 6,829,000 9,406,000 9,360,000 9,598,000 8,664,000 8,275,000 8,153,000 9,665,000 6,779,000 9,250,000  4,797,000 4,630,000 4,505,000 4,266,000 4,409,000 3,466,000 2,400,000 2,546,000 2,809,000 2,887,000 2,801,000 2,875,000 2,833,000 2,769,000 2,718,000 2,722,000 2,669,000 3,134,000 2,578,000 2,703,000 2,569,000 6,864,000 4,078,000                
      unrealized foreign currency (gain) loss
    		575,000 -12,052,000 -4,144,000       -2,050,000 -1,958,000    -3,084,000           -887,000 -88,000       1,796,000 -225,000 -213,000   761,000    -4,030,000 -1,042,000                   
      reduction in the value and disposal of long-lived assets and inventory
    		                                                              
      other
    		-3,285,000 -6,950,000 1,008,000 -4,369,000 1,453,000 949,000 1,310,000 -339,000 10,000 105,000 -592,000 371,000 -292,000 -2,896,000 186,000 -607,000 -195,000 -334,000 -96,000 442,000 -128,000 5,000 19,000 254,000 114,000 229,000 1,000 -60,000 784,000 235,000 -40,000 -940,000 20,000 -94,000 754,000 1,040,000 -148,000 439,000 -177,000 -435,000 -194,000 314,000 304,000 -481,000 325,000 237,000 864,000                
      changes in operating assets and liabilities:
    		                                                              
      accounts receivable
    		-3,362,000 -1,698,000 6,790,000 18,378,000 88,000 3,057,000 5,138,000 10,611,000 4,182,000 1,694,000 -3,794,000 -57,000 -4,689,000 3,950,000 -213,000 8,374,000 737,000 -820,000 -6,930,000 -5,309,000 -1,740,000 1,114,000 -2,559,000 -1,050,000 1,079,000 -2,652,000 -1,676,000 694,000 -834,000 -3,383,000 -269,000 -107,000 -2,053,000 -2,780,000 1,957,000 870,000 -922,000 -2,086,000 -58,000 -922,000 1,120,000 -2,343,000 -1,309,000 499,000 -410,000 -1,424,000 -865,000 965,000 -711,000 -2,209,000  -1,471,000 -2,581,000 -1,311,000 3,294,000    2,231,000 921,000 1,980,000  
      inventory, prepaid expenses and other assets
    		3,304,000 -2,696,000 -1,388,000                                                            
      accounts payable and accrued expenses
    		6,736,000 -5,399,000 5,227,000 325,000 982,000 -154,000 -2,531,000 2,027,000 -1,990,000 -237,000 -3,208,000 -1,099,000 -2,166,000 -6,463,000 -1,643,000   90,000 4,326,000 -458,000 4,105,000 -2,246,000 -1,598,000 -9,215,000 4,765,000 -4,845,000 9,122,000 -8,371,000 8,062,000 -1,077,000 5,365,000 -5,107,000 3,464,000 -1,611,000 2,140,000 -2,612,000 4,188,000 -3,048,000 1,574,000 -3,832,000 4,597,000 -3,704,000 3,641,000 -3,042,000 3,494,000 -5,074,000 2,897,000                
      other non-current liabilities
    		-3,648,000 -164,000 1,152,000 637,000 1,081,000 1,792,000 51,000 -98,000 24,000 -46,000 67,000 41,000 -2,232,000 -306,000 -64,000 -350,000 -172,000 -4,000 -83,000 113,000 44,000 -207,000 -10,000 302,000 -159,000 464,000 -248,000 -367,000 -172,000 -751,000 -104,000 131,000 -50,000 -100,000 124,000 -1,245,000 32,000 705,000 -655,000 2,236,000 -475,000 -266,000 -163,000 -812,000 -532,000 844,000 -119,000 -3,404,000 985,000 -127,000  -67,000    -632,000       
      deferred revenue
    		194,557,000 129,272,000 16,334,000 310,420,000 -10,411,000 1,524,000 240,000 -25,762,000 -1,579,000 -5,115,000 -6,129,000 16,161,000 3,828,000 5,286,000 -2,133,000 25,433,000 30,854,000 48,479,000 2,532,000 -1,297,000 1,077,000 -523,000 -2,509,000 556,000 -921,000 950,000 -688,000 -2,868,000 1,867,000 1,328,000 651,000 -1,412,000 3,704,000 2,344,000 307,000 -902,000 2,086,000 380,000 425,000 -978,000 2,202,000 1,405,000 -7,000 -363,000 849,000 3,076,000 1,119,000 -160,000 2,168,000 -2,070,000  336,000 -1,143,000 -133,000 2,591,000       2,482,000 
      net cash from operating activities
    		236,021,000 157,877,000 51,864,000 340,657,000 32,049,000 36,668,000 29,818,000 5,785,000 25,563,000 20,188,000 22,805,000 32,095,000 10,934,000 13,202,000 7,569,000 24,715,000 51,246,000 51,408,000 4,512,000 -1,472,000 14,828,000 4,254,000 4,605,000 -2,996,000 4,234,000 485,000 1,325,000 -13,848,000 11,963,000 -2,027,000 9,832,000 -2,771,000 10,372,000 946,000 5,310,000 1,109,000 6,703,000 -1,602,000 2,603,000 -5,152,000 8,576,000 -3,783,000 2,521,000 -2,894,000 4,522,000 -1,446,000 3,799,000 -5,365,000 -1,892,000 -3,593,000  -1,456,000 -40,536,000         1,743,000 
      cash flows used in investing activities:
    		                                                              
      payments for network upgrades to support the phase 1 and phase 2 service period
    		-52,422,000 -2,526,000 -39,315,000                                                            
      payments for network upgrades to support the extended mss network
    		-159,697,000 -74,247,000 -149,448,000                                                            
      payments of capitalized interest
    		   -1,389,000 -4,638,000 0 -3,954,000 0 -3,547,000 0 -5,263,000                                                    
      payments for network upgrades to support product development
    		-1,442,000 -1,636,000 -1,162,000 -1,175,000 -871,000 -2,876,000 -1,901,000                                                        
      purchase of intangible assets
    		-536,000 -2,797,000 -657,000 -5,042,000 -1,058,000 -600,000 -68,000 -782,000 74,000 -138,000 -251,000 220,000 -180,000 -245,000 -438,000 -389,000 -180,000 -559,000 -669,000 -629,000 -391,000 -682,000 -360,000 -605,000 -1,308,000 -1,187,000 -455,000 -1,072,000 -547,000 -753,000 -648,000 -1,122,000 -630,000 -1,260,000 -784,000 -669,000 -521,000 -445,000 -361,000                        
      net cash from investing activities
    		-214,097,000 -81,206,000 -190,582,000 -152,851,000 -33,261,000 -20,209,000 -54,249,000 -33,227,000 -17,749,000 -53,061,000 -71,575,000 -14,646,000 -2,914,000 -11,941,000 -10,451,000 -15,153,000 -18,035,000 -7,024,000 -4,974,000 -5,241,000 -4,416,000 -3,301,000 -1,578,000 -3,866,000 -2,528,000 -2,836,000 -2,261,000 -4,220,000 -4,282,000 -6,513,000 -2,386,000 -7,207,000 -2,879,000 -6,602,000 -4,088,000 -7,130,000 -5,028,000 -7,550,000 -4,908,000 -11,932,000 -7,534,000 -8,204,000 -5,808,000 -13,212,000 -1,267,000 -3,004,000 -1,794,000 -19,305,000 -31,874,000 -33,354,000 -43,489,000 -31,125,000           
      cash flows from financing activities:
    		                                                              
      proceeds from 2023 funding agreement
    		   0 0 0 37,747,000 29,523,000 0                                                      
      principal payment of 2021 funding agreement
    		-8,650,000 -8,650,000 -8,650,000  -8,650,000 -8,650,000 -8,650,000                                                        
      dividends paid on series a preferred stock
    		-2,673,000 -2,644,000 -2,615,000 -2,673,000 -2,673,000 -2,644,000 -2,644,000 -2,673,000 -2,674,000 -2,644,000 -3,951,000                                                    
      proceeds from issuance of common stock and exercise of options and other
    		116,000                                                              
      net cash from financing activities
    		15,940,000 -10,618,000 -11,406,000 152,267,000 -11,330,000 -10,862,000 27,106,000  -8,920,000 77,674,000 37,148,000 -162,000 -6,335,000 441,000 8,000 -57,557,000 -37,497,000 -84,473,000 39,245,000 292,000 -3,097,000 4,390,000 -421,000 -21,489,000 -171,000 13,930,000 -193,000 20,342,000 76,000   61,051,000 -151,000 -9,128,000 12,018,000 3,419,000 -15,000 8,570,000 6,528,000 -2,925,000 15,007,000 11,133,000 10,061,000 -3,802,000 317,000 8,676,000 146,000 7,306,000 49,359,000 12,095,000 35,366,000 3,895,000 349,637,000 29,718,000 7,701,000 34,798,000 99,481,000 96,000,000 80,205,000 34,489,000 23,755,000 125,676,000 
      effect of exchange rate changes on cash and cash equivalents
    		203,000 762,000 371,000 -825,000 124,000 -545,000 -137,000                                                        
      net decrease in cash and cash equivalents
    		                                                              
      cash and cash equivalents, beginning of period
    		0 0 391,164,000 0 0 0 56,744,000                             0 0 0 7,476,000 0 0 0 7,121,000 0 0 0 17,408,000 0 0 33,017,000  0 0 0 12,357,000 0 0 37,554,000 0 0 43,698,000 0 
      cash and cash equivalents, end of period
    		38,067,000 66,815,000 241,411,000 339,248,000 -12,418,000 5,052,000 59,282,000                             -2,680,000 1,641,000 -590,000 11,859,000 -20,497,000 15,102,000 -784,000 13,655,000 -20,100,000 3,421,000 4,205,000 19,595,000 -18,008,000 15,834,000 8,254,000  -29,736,000 115,662,000 12,994,000 3,043,000 -12,659,000 11,130,000 14,466,000 26,265,000 -9,345,000 19,419,000 25,988,000 
      reduction in the value and disposal of long-lived assets
    		 0 7,038,000                                                            
      net increase in cash and cash equivalents
    		 66,815,000 -149,753,000 339,248,000 -12,418,000 5,052,000 2,538,000                             -2,680,000 1,641,000 -590,000 4,383,000 -20,497,000 15,102,000 -784,000 6,534,000 -20,100,000 3,421,000 4,205,000 2,187,000  15,834,000 -24,763,000 -24,435,000 -29,736,000 115,662,000          
      proceeds from issuance of common stock and exercise of options
    		  -141,000 703,000 -7,000 432,000 653,000  30,000   464,000 6,000 441,000 8,000 353,000 3,000 334,000 57,000                                            
      reduction in the value of long-lived assets and inventory
    		                                                              
      noncash portion of gain on extinguishment of debt
    		                                                              
      loss on equity issuance
    		                                       831,000 2,920,000                      
      noncash expenses associated with ssa, net of amortization
    		       2,178,000                                                       
      unrealized foreign currency gain
    		     4,506,000 3,855,000               -1,323,000 8,942,000        590,000          1,292,000     586,000 -1,090,000                
      inventory
    		   788,000 860,000 1,274,000 -126,000 -2,125,000 -2,041,000 -89,000 101,000 -1,085,000 545,000 -1,399,000 -441,000 -356,000 -842,000 665,000 453,000 1,296,000 344,000 362,000 174,000 2,603,000 -2,512,000 -1,648,000 -107,000 -1,869,000 2,007,000 -221,000 -403,000 332,000 340,000 -302,000 -320,000 1,599,000 48,000 1,700,000 1,224,000 -927,000 -517,000 1,768,000 794,000 -216,000 879,000 1,437,000 2,087,000 2,276,000 85,000 879,000  -2,895,000 -320,000 957,000 694,000        
      prepaid expenses and other current assets
    		   -1,269,000 501,000 211,000 -299,000 -3,090,000 1,006,000 -633,000 -518,000 -836,000 2,015,000 38,000 -265,000 -3,671,000 -930,000 -588,000 -77,000 -2,180,000 620,000 -911,000 3,452,000 2,730,000 -665,000 4,311,000 -6,797,000 -3,600,000 -1,958,000 -2,381,000 13,000 -1,003,000 -511,000 -161,000 -829,000 788,000 -408,000 -990,000 122,000 -423,000 1,537,000 -989,000 201,000 -378,000 -238,000 -28,000 -695,000 -1,554,000 -317,000 476,000  197,000 -66,000 385,000 174,000   588,000   64,000  
      other assets
    		   -1,417,000 450,000 490,000 771,000 1,125,000 -557,000 -245,000 287,000 -535,000 -253,000 145,000 460,000 1,965,000 887,000 -3,301,000 531,000 -376,000 1,109,000 -670,000 -953,000 1,075,000 150,000 -1,402,000 1,041,000 -38,000 9,000 -3,937,000 172,000 -8,000 101,000 -578,000 -214,000 7,000 -580,000 65,000 39,000 -126,000 -155,000 -17,000 -476,000 2,230,000 -829,000 -570,000 -629,000 165,000 -1,024,000 28,000  1,635,000 -8,997,000 332,000 276,000   7,000 24,000 56,000 247,000  
      payables to affiliates
    		   120,000 -248,000 261,000 -198,000 306,000 -131,000 142,000 -184,000 185,000 -270,000 145,000 -178,000 173,000 -147,000 115,000 -277,000 109,000 110,000 -20,000 120,000 -91,000 -2,004,000 2,139,000 -439,000 11,000 359,000 -10,000 71,000 -157,000 78,000 68,000 -73,000 67,000 3,000 -376,000 -1,000 80,000 80,000 80,000 -105,000 37,000 179,000 33,000 30,000 30,000 -154,000 -376,000  -13,000 -3,102,000 603,000 14,000       -2,161,000 
      payments for network upgrades to support the phase 2 service period
    		                                                              
      proceeds from issuance of customer class b units
    		                                                              
      proceeds from issuance of current debt repayment
    		                                                              
      principal and make-whole payment of 2023 13% notes
    		                                                              
      principal payments of 2021 funding agreement
    		                                                              
      principal and interest payments of the 2019 facility agreement
    		       0 0 0 -148,281,000                                                    
      proceeds from 2023 13% notes
    		       0 0                                                      
      payments for debt and equity issuance costs
    		                 0 -133,000 0 0 -929,000 -145,000    -195,000     -241,000                               
      supplemental disclosure of cash flow information:
    		                                                              
      cash paid for:
    		                                                              
      interest
    		                                  492,000 10,374,000 487,000   9,937,000 0   9,881,000 0   2,064,000 9,290,000 7,743,000  5,992,000 5,400,000 2,088,000 4,140,000 889,000 2,967,000 1,646,000 182,000 1,837,000 282,000 248,000 
      income taxes
    		                                  17,000 19,000 25,000   -4,275,000 4,715,000   -34,000 32,000 34,000 29,000 17,000    23,000 47,000 14,000 31,000 837,000 101,000 56,000 66,000 -32,000 50,000 2,596,000 
      supplemental disclosure of non-cash financing and investing activities:
    		                                                              
      increase in capitalized accrued interest for network upgrades
    		               1,270,000 662,000 594,000 447,000                                            
      capitalized accretion of debt discount and amortization of prepaid financing costs
    		               233,000 128,000 129,000 122,000 122,000 102,000 93,000 130,000 221,000 115,000 102,000 63,000 73,000 -29,000 577,000 1,277,000 1,245,000 1,334,000 1,281,000 1,229,000 1,176,000                           
      accrued satellite construction assets
    		                                                              
      fair value of common stock issued for xcom ssa
    		                                                              
      construction in progress assets acquired through xcom ssa
    		                                                              
      extended mss network assets acquired through globalstar spe
    		                                                              
      re-characterization of 2021 funding agreement to debt due to 2023 amendment
    		                                                              
      fair value of common stock issued for xcom license agreement
    		                                                              
      fair value of the warrant issued to thermo for the guarantee associated with the 2023 funding agreement
    		                                                              
      satellite construction assets acquired through vendor financing arrangement
    		                                                              
      principal amount of 2019 facility agreement converted into preferred equity
    		                                                              
      unrealized foreign currency loss
    		           -6,784,000       4,270,000         578,000 -1,400,000                                  
      write off of debt discount and deferred financing costs upon extinguishment of debt
    		        0                                                      
      payments under the satellite procurement agreement
    		    -21,748,000 -493,000 -44,721,000 -25,724,000 -1,551,000 -49,089,000 -59,575,000                                                    
      payments under the launch services agreement
    		    -2,050,000                                                          
      payments for other network upgrades to support the service agreements
    		    -2,896,000 -240,000 -3,605,000                                                        
      payments for debt issuance costs
    		        -26,000 -7,910,000 -620,000                                                    
      noncash consideration, net, associated with wholesale capacity contract
    		       -994,000 -1,013,000 -893,000 -310,000                                                    
      sale of property and equipment
    		               0 0                                              
      net proceeds from equity plan transactions
    		                                                              
      principal payments of the 2009 facility agreement
    		                                                              
      net proceeds from common stock offering and exercise of warrants
    		                                                              
      premium refund from the 2009 facility agreement
    		                                                              
      net cash provided (used in) by financing activities
    		                                                              
      satellite construction assets in accrued expenses
    		                                                              
      forgiveness of principal and interest of ppp loan
    		                                                              
      fair value of warrants issued to thermo for the guarantee associated with the 2023 funding agreement
    		                                                              
      reduction in value of long-lived assets and inventory
    		            174,538,000                                                  
      other network upgrades to support the service agreements
    		        -11,187,000                                                      
      network upgrades to support product development
    		        -1,538,000                                                      
      effect of exchange rate changes on cash, cash equivalents and restricted cash
    		        -92,000 46,000 27,000 46,000 -77,000 -80,000 89,000 -75,000 -48,000 57,000 -66,000 108,000 92,000 7,000 -155,000 30,000 -69,000 57,000 -14,000 -180,000 141,000                                  
      net increase in cash, cash equivalents and restricted cash
    		        -1,198,000   17,333,000   -2,785,000 -48,070,000 -4,334,000 -40,032,000 38,717,000 -6,313,000 7,407,000 5,350,000 2,451,000 -28,321,000 1,466,000 11,636,000 -1,143,000 2,094,000   7,424,000 51,052,000 7,474,000 -14,697,000 13,237,000                            
      cash, cash equivalents and restricted cash, beginning of period
    		        0 0 32,082,000 0 0 0 14,304,000 0 0 0 68,023,000 0 0 0 59,128,000 0 0 0 75,490,000 0 0 0 105,279,000 0 0 0 48,213,000                            
      cash, cash equivalents and restricted cash, end of period
    		        -1,198,000 44,847,000 20,487,000 17,333,000 1,608,000 1,622,000 11,519,000 -48,070,000 -4,334,000 -40,032,000 106,740,000 -6,313,000 7,407,000 5,350,000 61,579,000 -28,321,000 1,466,000 11,636,000 74,347,000 2,094,000 7,898,000 -47,205,000 112,703,000 51,052,000 7,474,000 -14,697,000 61,450,000                            
      change in fair value of derivatives
    		           -261,000 -662,000 1,242,000 486,000 -1,167,000 -229,000 1,310,000 1,129,000                                            
      amortization of deferred financing costs
    		          25,000 101,000 132,000 121,000 166,000 221,000 500,000 675,000 1,166,000 1,070,000 -649,000 1,961,000 1,861,000 6,760,000 4,656,000 2,282,000 2,198,000 2,341,000 2,497,000 2,194,000 1,658,000 1,949,000 1,989,000 2,082,000 2,076,000 2,233,000 2,260,000 2,326,000 2,346,000 2,612,000 2,443,000 2,331,000 2,336,000 2,452,000 2,548,000 2,502,000 2,541,000 936,000 885,000 913,000  887,000 1,020,000 2,480,000 83,000 252,000 258,000 4,000 111,000 110,000 111,000  
      benefit from credit losses
    		          249,000 333,000 196,000 226,000 332,000 -93,000 333,000 276,000 420,000                                            
      write off of debt discount and dfc upon extinguishment of debt
    		          10,194,000                                                    
      other network upgrades
    		          -3,561,000                                                    
      additions of other property and equipment
    		          -2,925,000                                                    
      proceeds from 13% notes agreement
    		          190,000,000                                                    
      net decrease in cash, cash equivalents and restricted cash
    		          -11,595,000                                                    
      gain on extinguishment of debt
    		               -1,263,000 829,000                                              
      loss on pension settlement
    		           0                                                   
      noncash revenue recognized from terminated contract
    		                                                              
      noncash reversal of tariff accrual
    		               -111,000 0                                              
      network upgrades
    		           371,000 -93,000 -9,799,000 -8,712,000 -12,666,000 -15,934,000 -5,739,000 -3,093,000                                            
      satellite construction costs
    		                                                              
      property and equipment additions
    		           -1,237,000 -2,641,000 -1,897,000 -1,301,000 -2,098,000 -1,921,000 -1,076,000 -1,212,000 -1,602,000 -1,318,000 -1,170,000 -1,067,000 -1,114,000 -1,114,000 -1,353,000 -1,013,000 -2,003,000 -2,125,000 -1,824,000 -1,397,000 -1,492,000 -1,917,000 -1,112,000 -1,004,000 -1,739,000 -1,301,000 -3,396,000 -2,949,000 539,000 -2,394,000 -1,878,000 -1,790,000 -2,470,000 -720,000 -1,055,000 -428,000 -1,143,000 -440,000 -802,000  -2,356,000           
      principal payments of the 2019 facility agreement
    		           0                                                   
      proceeds from ppp loan
    		                   0 0                                          
      reconciliation of cash, cash equivalents and restricted cash
    		                                                              
      cash and cash equivalents
    		               2,998,000 -4,418,000 7,355,000 8,369,000 -6,147,000 7,407,000 1,607,000 10,463,000 -18,619,000 1,140,000 11,312,000 13,773,000 -5,250,000 7,656,000 -36,004,000 48,810,000 25,401,000 7,405,000 -14,697,000 23,535,000                            
      restricted cash
    		                84,000 -47,387,000 98,371,000 -166,000 0 3,743,000 51,116,000 -9,702,000 326,000 324,000 60,574,000 7,344,000 242,000 -11,201,000 63,893,000 25,651,000 69,000 0 37,915,000             -4,857,000    0 -19,271,000 -7,663,000 39,099,000        
      total cash, cash equivalents and restricted cash shown in the statement of cash flows
    		               -48,070,000 -4,334,000 -40,032,000 106,740,000 -6,313,000 7,407,000 5,350,000 61,579,000 -28,321,000 1,466,000 11,636,000 74,347,000 2,094,000 7,898,000 -47,205,000 112,703,000 51,052,000 7,474,000 -14,697,000 61,450,000                            
      satellite construction costs (including prepaid amounts) acquired through vendor financing arrangement
    		                                                              
      principal amount of loan agreement with thermo converted into common stock
    		                   0 0 0 137,366,000                                        
      reduction of debt discount and issuance costs due to conversion of loan agreement with thermo
    		                   0 0 0 17,963,000                                        
      fair value of common stock issued upon conversion of loan agreement with thermo
    		                   0 0 0 84,059,000                                        
      reduction in derivative liability due to conversion of loan agreement with thermo
    		                   0 0 0 1,058,000                                        
      cash flows used in financing activities:
    		                                                              
      proceeds from exercise of warrants
    		                0 0 43,678,000                                 1,864,000           
      change to estimated impact upon adoption of asc 606
    		                       0                                       
      proceeds from subordinated loan agreement
    		                       0 0                                      
      payoff of subordinated loan agreement
    		                                                              
      proceeds from 2019 facility agreement
    		                                                              
      fair value of warrants issued with 2019 facility agreement
    		                                                              
      accounts payable, accrued expenses and recoupment of advance payments
    		                                                              
      principal payments of the first lien facility agreement
    		                -37,500,000 -84,807,000 -4,357,000                                            
      cash paid for interest
    		                40,000 3,937,000 40,000  40,000 5,930,000 41,000  40,000    39,000 12,031,000 39,000  38,000                              
      forgiveness of principal and interest of paycheck protection program loan
    		                0                                              
      reduction in value of inventory
    		                                                              
      cash flows (used in ) provided by financing activities:
    		                                                              
      change in fair value of derivative liabilities
    		                                                              
      revision to contract termination charge
    		                           0 0                                  
      second-generation network costs
    		                   -3,010,000 -2,707,000 -1,449,000 -151,000 -1,992,000 -106,000 -451,000 -793,000 -1,145,000 -1,610,000 -3,936,000 -341,000 -5,048,000 -332,000 -4,230,000 -2,300,000 -4,698,000 -3,165,000 -3,709,000 -1,598,000  -5,140,000                      
      proceeds from second lien facility agreement
    		                                                              
      increase in capitalized accrued interest for second-generation network costs
    		                   462,000 384,000 338,000 454,000 70,000 156,000 130,000 78,000 119,000 20,000 624,000 1,330,000 1,183,000 1,131,000 1,032,000 971,000                            
      fair value of warrants issued with second lien facility agreement
    		                                                              
      change in fair value of derivative assets and liabilities
    		                    -1,225,000 -1,160,000 821,000 -2,793,000 -50,156,000 -35,116,000 -57,008,000 64,824,000 -39,059,000 2,059,000 -108,944,000 -16,249,000 -78,840,000 77,130,000 -3,223,000 91,668,000 -10,982,000 -40,499,000 1,344,000 1,556,000 -54,194,000 -237,087,000 107,865,000 -132,614,000 -166,989,000 376,282,000 209,370,000 -23,794,000 -3,861,000 -6,435,000             
      benefit from bad debts
    		                    77,000 698,000 721,000 311,000 266,000 324,000 846,000 434,000 193,000 410,000 361,000 549,000 -101,000 390,000 418,000 396,000 464,000 448,000 -52,000 322,000 1,135,000 1,210,000 690,000 593,000 638,000 453,000 597,000      229,000 -110,000 444,000 1,199,000 -140,000 812,000 -460,000 93,000 792,000 1,293,000 
      principal payments of the facility agreement
    		                    -3,097,000 0 -276,000 -151,594,000 0   -38,933,000 0   -54,060,000 0   -16,417,000 0                          
      proceeds from issuance of common stock and exercise of options and warrants
    		                    0    0 400,000 2,000 451,000 76,000   359,000 7,000 617,000 18,000 336,000 -15,000 2,988,000 28,000  7,000                      
      depreciation, amortization, and accretion
    		                                           19,753,000 21,047,000 22,014,000 23,332,000 12,106,000 12,795,000 10,611,000             
      non-cash interest and accretion expense
    		                                                              
      loss on extinguishment of debt
    		                               0        0 0 2,189,000 65,000 231,000 12,936,000 16,484,000 10,195,000                
      change in fair value related to equity issuance
    		                               0 0 -1,964,000 -706,000 -51,000                           
      proceeds from thermo common stock purchase agreement
    		                               0 0                              
      payment of debt restructuring fee
    		                               0 0                              
      payment of financing costs
    		                                                              
      proceeds from second lien term loan facility
    		                                                              
      proceeds from issuance of stock to terrapin
    		                               0 0 0 12,000,000 19,500,000 0 22,000,000 6,500,000 0 15,000,000 14,000,000 10,000,000                    
      fair value of warrants issued with second lien term loan facility
    		                                                              
      issuance of common stock for legal settlement
    		                               0 0 0 453,000                            
      principal amount of debt converted into common stock
    		                                       0 0 6,254,000 237,000  6,808,000 53,376,000 15,856,000                
      reduction of debt discount and issuance costs due to note conversions
    		                                                              
      fair value of common stock issued upon conversion of debt
    		                                        0 25,583,000 1,086,000  48,027,000 162,735,000 59,064,000                
      reduction in derivative liability due to conversion of debt
    		                                        0 19,140,000 868,000  31,017,000 110,861,000 40,173,000                
      cash flows from investing activities:
    		                                                              
      investment in business
    		                        0                                      
      payments for financing costs
    		                        -171,000                                      
      noncash expense related to legal settlement
    		                                   0 0                          
      reversal of uncertain tax position
    		                                   0                           
      investment in businesses
    		                                               0    -2,000           
      net proceeds from common stock offering
    		                                                              
      increase in accrued second-generation network costs
    		                                     135,000 56,000                        
      payment of debt amendment fee
    		                                                              
      cash flows from financing activities
    		                                                              
      effect of exchange rate changes on cash
    		                              -22,000 -21,000 132,000 87,000 -3,000 -78,000 -19,000 -8,000 160,000 -488,000 -947,000 70,000 -240,000 -192,000 -151,000 -21,000 36,000 -644,000 241,000 89,000 -662,000 -1,050,000 -1,856,000 -2,781,000 4,504,000        
      proceeds from common stock offering
    		                                                              
      payments made in convertible notes and common stock
    		                                        0 308,000 427,000  11,272,000 825,000 813,000                
      fair value of common stock issued to vendor for payment of invoices
    		                                                              
      increase of principal amount of loan agreement with thermo
    		                                                              
      change in restricted cash
    		                                   -24,000                           
      payment of deferred financing costs
    		                                               119,000               
      increase of principal amount of thermo loan agreement
    		                                       0                       
      increase in capitalized accrued interest for second-generation ground costs
    		                                                              
      increase in capitalized accrued interest for second-generation satellites and ground costs
    		                                                              
      capitalization of the accretion of debt discount and amortization of prepaid financing costs
    		                                     1,068,000 1,031,000 930,000 836,000 819,000 761,000 735,000 665,000 666,000 642,000                
      increase in non-cash capitalized accrued interest for second-generation satellites and ground costs
    		                                      729,000     447,000 390,000 402,000 445,000                
      second-generation satellites, ground and related launch costs
    		                                           -10,742,000 -547,000 -1,949,000 -1,366,000 -13,305,000 -25,355,000 -32,552,000             
      borrowings from facility agreement
    		                                               2,329,000 4,260,000 12,070,000  2,031,000           
      proceeds from contingent equity account
    		                                                              
      payments to reduce principal amount of exchanged 5.75% notes
    		                                                              
      payments for 5.75% notes not exchanged
    		                                                              
      payments to lenders and other fees associated with exchange
    		                                                              
      proceeds from equity issuance to related party
    		                                                              
      proceeds from issuance of common stock and exercise of warrants
    		                                          61,000 244,000 317,000                  
      capitalized accrued interest and other payments made in convertible notes and common stock
    		                                                              
      reduction in debt discount and deferred financing costs related to note conversions
    		                                                              
      issuance of common stock to converting note holders at fair value
    		                                                              
      reduction in derivative value due to conversion of debt and warrants
    		                                                              
      issuance of common stock to vendor for payment of invoices
    		                                                              
      extinguishment of principal amount of 5.75% notes
    		                                                              
      issuance of principal amount of 8.00% notes issued in 2013
    		                                                              
      issuance of common stock to exchanging note holders at fair value
    		                                                              
      reduction in carrying amount of thermo loan agreement due to amendment
    		                                                              
      principal payment of the facility agreement
    		                                        0                      
      increase in non-cash capitalized accrued interest for second-generation network costs
    		                                        579,000                      
      reduction in the value of inventory
    		                                            0                  
      payments of deferred financing costs
    		                                            0 0 -164,000                
      reduction of debt discount and deferred financing costs due to conversion of debt
    		                                         2,001,000 84,000  2,733,000 17,989,000 7,351,000                
      fair value of common stock issued to vendor for payment of services
    		                                                              
      second-generation ground-related costs
    		                                          -4,018,000                    
      increase in non-cash capitalized accrued interest for second-generation ground-related costs
    		                                          474,000                    
      contract termination charge
    		                                                              
      discount on shares issued to vendor
    		                                                              
      conversion of debt into common stock
    		                                                              
      reduction in derivative value due to conversion of debt
    		                                                              
      conversion of contingent equity account derivative liability to equity
    		                                               0               
      value of warrants issued in connection with the contingent equity account loan fee
    		                                               0               
      discount on future shares issued to vendor
    		                                            0                  
      cash flows (provided by) used in investing activities:
    		                                                              
      proceeds from contingent equity agreement
    		                                                              
      increase (reduction) in accrued second-generation satellites and ground costs
    		                                                              
      issuance of common stock to exchanging note holders
    		                                                              
      restricted cash proceeds
    		                                                              
      proceeds from exercise of stock options
    		                                              310,000   25,000             
      provisions for bad debt
    		                                                              
      contingent reimbursements
    		                                                              
      impairment of assets and equipment
    		                                                              
      loss on equity method investments
    		                                                              
      foreign currency and other
    		                                               98,000 1,663,000 -507,000             
      accounts payable
    		                                               -1,414,000 -960,000 1,671,000  1,954,000 -12,906,000 3,709,000 2,081,000        
      accrued expenses and employee benefit obligations
    		                                               -376,000 -386,000 -737,000  2,447,000 -13,820,000 14,027,000 454,000       -185,000 
      proceeds from exercise of warrants and stock options
    		                                               1,000               
      proceeds from the issuance of 5.0% convertible notes
    		                                               0               
      borrowings from subordinated loan agreement
    		                                                              
      reduction in accrued second-generation satellites and launch costs
    		                                               -4,796,000 -15,330,000 24,118,000             
      increase in capitalized accrued interest for second-generation satellites and launch costs
    		                                                              
      capitalization of the accretion of debt discount and amortization of prepaid finance costs
    		                                               6,153,000 5,864,000 5,945,000             
      payments made in common stock
    		                                               966,000 1,799,000 774,000             
      reduction in assets and liabilities due to note conversion
    		                                               0 1,140,000 398,000             
      conversion of convertible notes into common stock
    		                                               0               
      recognition of a beneficial conversion feature on long-term debt
    		                                               0               
      value of warrants issued in connection with raising capital and debt
    		                                               0               
      recognition of contingent reimbursements
    		                                                              
      loss on equity method investee
    		                                                105,000 105,000             
      proceeds from the contribution to the debt service reserve account
    		                                                              
      (reduction) increase in capitalized accrued interest for second-generation satellites and launch costs
    		                                                              
      reduction in capitalized accrued interest for second-generation satellites and launch costs
    		                                                 1,185,000             
      reclassification of debt to equity due to conversions
    		                                                 403,000             
      net cash used by operating activities
    		                                                              
      loss and impairment on equity method investee
    		                                                              
      borrowings from revolving credit loan
    		                                                    0          
      borrowings from 55m senior convertible notes
    		                                                              
      borrowings under subordinated loan agreement
    		                                                    20,000,000          
      borrowings under short term loan
    		                                                    0          
      proceeds from equity contributions
    		                                                    0          
      deferred financing cost payments
    		                                                              
      payments for the interest rate cap instrument
    		                                                              
      conversion of debt to series a convertible preferred stock
    		                                                    0          
      accrued launch costs and second-generation satellites costs
    		                                                   29,535,000 6,639,000 -9,222,000 31,122,000 19,173,000 -20,379,000 28,687,000 -5,362,000 1,287,000 4,422,000  
      capitalization of accrued interest for second-generation satellites and launch costs
    		                                                              
      debt assumed to fund restricted cash
    		                                                              
      conversion of debt to common stock
    		                                                    0          
      depreciation and amortization
    		                                                    5,473,000 5,468,000 5,424,000 7,196,000 6,521,000 5,418,000 3,264,000 2,537,000 2,424,000 2,255,000 
      change in fair value of derivative instruments and derivative liabilities
    		                                                    -5,993,000          
      loss on disposal of fixed assets
    		                                                    0         50,000 
      interest income on restricted cash
    		                                                              
      contribution of services
    		                                                    42,000 127,000 126,000 112,000 113,000 112,000 141,000 87,000 87,000 81,000 
      cost of subscriber equipment sales - impairment of assets
    		                                                       -9,000       
      loss on debt to equity conversion
    		                                                    0          
      loss in equity method investee
    		                                                    680,000 103,000 218,000        
      changes in operating assets and liabilities, net of acquisition:
    		                                                              
      spare and second-generation satellites and launch costs
    		                                                              
      second-generation ground
    		                                                              
      capitalization of accrued interest for spare and second-generation satellites and launch costs
    		                                                    -920,000 8,535,000 1,047,000        
      vendor financing of second-generation satellites
    		                                                              
      subordinated loan
    		                                                    15,778,000          
      amortization and accrual of deferred financing costs
    		                                                              
      deferred income taxes
    		                                                            387,000  
      cost of equipment sales - impairment of assets
    		                                                              
      advances for inventory
    		                                                    431,000      2,146,000 2,503,000 1,958,000  
      proceeds from sale of property and equipment
    		                                                       -5,000 0 146,000 -5,000 5,000 263,000  
      purchase of other investment
    		                                                              
      cash acquired on purchase of subsidiary
    		                                                       0 0 1,839,000     
      borrowings from long-term convertible senior notes
    		                                                       0       
      borrowings from long term debt
    		                                                              
      borrowings from 55m convertible senior notes
    		                                                              
      repayment of revolving credit loan
    		                                                              
      reduction in derivative margin account balance requirements
    		                                                       -176,000       
      non cash effect of debt discount on convertible notes
    		                                                              
      accretion of debt discount and amortization of prepaid finance costs
    		                                                              
      proceeds from irrevocable standby stock purchase agreement
    		                                                              
      accretion of debt discount
    		                                                              
      accrued deferred financing costs
    		                                                     41,235,000 1,287,000        
      fair value of assets acquired on purchase of subsidiary
    		                                                        0 19,928,000     
      fair value of liabilities assumed on purchase of subsidiary
    		                                                        0 13,211,000     
      interest rate derivative loss
    		                                                         3,539,000   364,000 -203,000 
      accretion of debt discount on 5.75% senior convertible notes
    		                                                      1,125,000        
      spare and second-generation satellites, ground and launch costs
    		                                                              
      proceeds from revolving credit loan
    		                                                      7,750,000        
      vendor financing of second-generation globalstar system
    		                                                      7,875,000        
      conversion of note receivable to equity in investee company
    		                                                      3,032,000        
      gain on disposal of fixed assets
    		                                                       -21,000 0 80,000     
      payment for intangible assets
    		                                                              
      payment of principal on notes payable
    		                                                              
      conversion of redeemable common stock to common stock
    		                                                          0 0 1,249,000  
      capitalization of interest for spare and second-generation satellites and launch costs
    		                                                       6,071,000 2,527,000 1,862,000    -36,000 
      borowings from long term debt
    		                                                              
      borrowings of long-term debt
    		                                                         100,000,000     
      proceeds from thermo funding under the irrevocable standby stock purchase agreement
    		                                                              
      payments related to derivative margin account
    		                                                              
      interest rate derivative
    		                                                              
      impairment of assets
    		                                                          0    
      payment for business acquisition
    		                                                              
      borrowings under revolving credit facility
    		                                                              
      proceeds from thermo under the irrevocable standby stock purchase agreement
    		                                                          81,000,000 35,000,000 24,255,000  
      proceeds from subscription receivable
    		                                                             0 
      distribution payable to member
    		                                                              
      issuance of redeemable common stock in conjunction with acquisition
    		                                                              
      benefit from gateway receivables
    		                                                              
      other non-cash gains
    		                                                              
      interest on note payable
    		                                                              
      changes in operating assets and liabilities, net of acquisitions:
    		                                                              
      receivables from affiliates
    		                                                              
      payment for business acquisitions
    		                                                              
      net proceeds from initial public offering
    		                                                              
      proceeds from term loans
    		                                                              
      repayment of revolving credit facility
    		                                                              
      repayment of term loans
    		                                                              
      payments on notes payable
    		                                                              
      distribution to affiliate
    		                                                              
      redemption of member interests
    		                                                              
      proceeds related to series a and b rights offering
    		                                                              
      proceeds from issuance of membership interests
    		                                                              
      proceeds from issuance of series a common stock
    		                                                              
      supplemental disclosure of noncash financing and investing activities:
    		                                                              
      receivables offset by accounts payable and notes payable
    		                                                              
      terms loans converted to member interests
    		                                                              
      inventory acquired in exchange for member interests
    		                                                              
      reclassification of subscription receivable
    		                                                              
      dissolvement of predecessor company:
    		                                                              
      conversion of liability subject to compromise to new globalstar member interests
    		                                                              
      assumption of liabilities
    		                                                              
      accrued launch costs and second-generation satellites
    		                                                              
      impairment of property and equipment
    		                                                              
      proceeds from revolving credit facility
    		                                                              
      deferred transaction cost payments
    		                                                              
      redemption of minority interest
    		                                                              
      proceeds from sale of common stock
    		                                                              
      supplemental disclosure of cash flows information:
    		                                                              
      cash paid:
    		                                                              
      supplemental disclosure of non-cash activities:
    		                                                              
      accrued launch costs
    		                                                              
      issuance of series a redeemable common stock in conjunction with acquisition
    		                                                              
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.