Globalstar, Inc(NYSE MKT:GSAT) 
Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, recreational usage, safety, emergency preparedness and response, a...
Website: http://www.globalstar.com
Founded: 1991
Full Time Employees: 336
CEO: David Kagan
Sector: Communication Services
Industry: Telecom Services
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At a glance:
- Satellite Services Revenue Drives Core Performance: Globalstar’s results are primarily influenced by demand for its satellite-based voice/data services and related wholesale capacity arrangements, with service revenue trends serving as a key indicator of underlying operating momentum.
- Apple Partnership and Ecosystem-Driven Demand as a Key Catalyst: The company’s relationship tied to Apple’s satellite-enabled features is an important narrative for investor expectations, as it can support incremental service utilization and long-term visibility, though timing and magnitude can vary.
- Spectrum Value and Regulatory Path Remain Central to Valuation: Potential monetization and strategic use of Globalstar’s spectrum assets—along with FCC and broader regulatory developments—continue to be major drivers of sentiment and perceived upside.
- Capital Intensity and Funding Needs Shape Cash Flow Outlook: Operating leverage is constrained by the capital-intensive nature of satellite networks, making capex requirements, refinancing terms, and liquidity planning critical determinants of free cash flow trajectory.
- Competitive LEO Landscape Adds Execution Risk: Competition from larger satellite and telecom players (e.g., LEO broadband and direct-to-device initiatives) may pressure pricing and growth expectations, elevating the importance of network performance, partnerships, and differentiation.
Bull Thesis:
- Robust Apple Partnership Revenue & Expansion Potential: The long-term agreement with Apple for Emergency SOS via Satellite provides a stable, high-margin revenue stream. There's potential for expansion to more devices, regions, or enhanced services, solidifying Globalstar's financial foundation and providing predictable cash flow.
- Significant Untapped Value in Terrestrial Spectrum (Band 53/n53): Globalstar's licensed S-band spectrum (Band 53/n53) holds substantial value for terrestrial applications like private 5G networks, IoT, and supplemental downlink. As demand for dedicated spectrum grows, successful monetization through licensing or partnerships could unlock significant shareholder value beyond its satellite services.
- Clear Path to Sustained Profitability and Positive Free Cash Flow: Driven by the stable, high-margin revenue from the Apple partnership and disciplined cost management, Globalstar is on a trajectory towards sustained profitability and positive free cash flow. This improved financial health can reduce reliance on external funding and strengthen its balance sheet.
Bear Thesis:
- Over-Reliance on the Apple Partnership: A substantial portion of Globalstar's current and projected revenue is tied to the Apple agreement. Any changes to the terms, slower-than-expected adoption, or Apple seeking alternative solutions or bringing the service in-house could severely impact Globalstar's financial performance and future growth prospects.
- Persistent Delays in Terrestrial Spectrum Monetization: Despite its potential, the monetization of Globalstar's Band 53/n53 terrestrial spectrum has faced ongoing regulatory hurdles, slow ecosystem adoption, and competition. Continued delays could prevent this valuable asset from generating significant revenue in the near to medium term, leaving its value unrealized.
- High Debt Load and Future Capital Expenditure Requirements: Globalstar continues to carry a significant debt burden. While the Apple deal provides some financial relief, future satellite constellation upgrades or network expansions will require substantial capital expenditures, potentially leading to further debt accumulation or dilutive equity raises for existing shareholders.
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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 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2009-03-31 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 |
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revenue: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
service revenue | 66,701,000 | 67,391,000 | 69,635,000 | 63,216,000 | 57,067,000 | 57,681,000 | 68,908,000 | 57,635,000 | 53,465,000 | 48,951,000 | 53,643,000 | 48,648,000 | 52,954,000 | 36,375,000 | 33,301,000 | 33,048,000 | 29,344,000 | 29,913,000 | 27,848,000 | 25,617,000 | 23,086,000 | 28,781,000 | 28,385,000 | 27,090,000 | 28,935,000 | 26,415,000 | 34,152,000 | 26,700,000 | 26,119,000 | 27,186,000 | 29,898,000 | 27,995,000 | 26,010,000 | 14,199,000 | 50,898,249 | 13,389 | 12,908,000 | 12,454,000 | 13,275,000 | 13,260,000 | 12,562,000 | 11,131,000 | 16,150,000 | 16,673,000 | 16,010,000 | 14,678,250 | 21,263,000 | 19,984,000 | 17,466,000 | 22,186,000 | 27,649,000 | |||||||||||||||||||||||||||
subscriber equipment sales | 3,363,000 | 4,570,000 | 4,210,000 | 3,932,000 | 2,965,000 | 3,496,000 | 3,399,000 | 2,750,000 | 3,015,000 | 3,458,000 | 4,040,000 | 6,424,000 | 5,690,000 | 4,931,000 | 4,325,000 | 3,752,000 | 3,428,000 | 4,562,000 | 4,766,000 | 4,662,000 | 3,843,000 | 4,391,000 | 4,372,000 | 3,274,000 | 3,259,000 | 5,420,000 | 4,462,000 | 4,491,000 | 3,959,000 | 4,760,000 | 5,794,000 | 5,731,000 | 2,739,000 | 2,805,000 | 4,389,000 | 3,822,000 | 3,171,000 | 2,997,000 | 3,592,000 | 4,116,000 | 3,087,000 | 4,010,000 | 4,034,000 | 4,407,000 | 3,915,000 | 4,917,000 | 4,930,000 | 6,107,000 | 4,287,000 | 4,204,000 | 5,493,000 | 4,426,000 | 3,943,000 | 3,740,000 | 5,169,000 | 5,831,000 | 4,111,000 | 3,764,000 | 3,989,000 | 5,622,000 | 4,055,000 | 16,991,335 | 4,834 | 4,714,000 | 3,117,000 | 3,154,000 | 4,032,000 | 6,375,000 | 6,326,000 | 6,124,000 | 3,991,500 | 4,425,000 | 5,853,000 | 5,688,000 | 7,049,000 | 11,046,000 | ||
total revenue | 70,064,000 | 71,961,000 | 73,845,000 | 67,148,000 | 60,032,000 | 61,177,000 | 72,307,000 | 60,385,000 | 56,480,000 | 52,409,000 | 57,683,000 | 55,072,000 | 58,644,000 | 41,306,000 | 37,626,000 | 36,800,000 | 32,772,000 | 34,475,000 | 32,614,000 | 30,279,000 | 26,929,000 | 33,172,000 | 32,757,000 | 30,364,000 | 32,194,000 | 31,835,000 | 38,614,000 | 31,191,000 | 30,078,000 | 31,946,000 | 35,692,000 | 33,726,000 | 28,749,000 | 29,427,000 | 30,458,000 | 28,123,000 | 24,652,000 | 24,395,000 | 25,544,000 | 25,086,000 | 21,836,000 | 22,767,000 | 23,678,000 | 23,023,000 | 21,022,000 | 22,093,000 | 23,441,000 | 23,994,000 | 20,536,000 | 20,994,000 | 22,549,000 | 19,835,000 | 19,333,000 | 19,062,000 | 20,537,000 | 19,981,000 | 16,738,000 | 18,254,000 | 67,889,584 | 18,223 | 17,622,000 | 15,571,000 | 15,879,000 | 17,521,000 | 15,716,000 | 15,163,000 | 22,525,000 | 22,999,000 | 22,134,000 | 18,669,750 | 25,688,000 | 25,837,000 | 23,154,000 | 29,235,000 | 38,695,000 | |||
yoy | 16.71% | 17.63% | 2.13% | 11.20% | 6.29% | 16.73% | 25.35% | 9.65% | -3.69% | 26.88% | 53.31% | 49.65% | 78.95% | 19.81% | 15.37% | 21.54% | 21.70% | 3.93% | -0.44% | -0.28% | -16.35% | 4.20% | -15.17% | -2.65% | 7.04% | -0.35% | 8.19% | -7.52% | 4.62% | 8.56% | 17.18% | 19.92% | 16.62% | 20.63% | 19.24% | 12.11% | 12.90% | 7.15% | 7.88% | 8.96% | 3.87% | 3.05% | 1.01% | -4.05% | 2.37% | 5.23% | 3.96% | 20.97% | 6.22% | 10.14% | 9.80% | -0.73% | 15.50% | -8.31% | 17.23% | 327.54% | -99.90% | 12.13% | 2.69% | -29.50% | -23.82% | -29.00% | -18.78% | -12.31% | -10.98% | -4.41% | -36.14% | -33.61% | ||||||||||
qoq | -2.64% | -2.55% | 9.97% | 11.85% | -1.87% | -15.39% | 19.74% | 6.91% | 7.77% | -9.14% | 4.74% | -6.09% | 41.97% | 9.78% | 2.24% | 12.29% | -4.94% | 5.71% | 7.71% | 12.44% | -18.82% | 1.27% | 7.88% | -5.68% | 1.13% | -17.56% | 23.80% | 3.70% | -5.85% | -10.50% | 5.83% | 17.31% | -2.30% | -3.38% | 8.30% | 14.08% | 1.05% | -4.50% | 1.83% | 14.88% | -4.09% | -3.85% | 2.84% | 9.52% | -4.85% | -5.75% | -2.30% | 16.84% | -2.18% | -6.90% | 13.68% | 2.60% | 1.42% | -7.18% | 2.78% | 19.38% | -73.11% | 372448.89% | -99.90% | 13.17% | -1.94% | -9.37% | 11.49% | 3.65% | -32.68% | -2.06% | 3.91% | 18.56% | -27.32% | -0.58% | 11.59% | -20.80% | -24.45% | |||||
operating expenses: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of services | 23,433,000 | 22,871,000 | 22,206,000 | 19,479,000 | 18,625,000 | 19,102,000 | 19,185,000 | 18,114,000 | 16,759,000 | 15,561,000 | 13,872,000 | 12,246,000 | 11,820,000 | 10,587,000 | 11,294,000 | 10,695,000 | 10,794,000 | 9,524,000 | 9,648,000 | 9,123,000 | 9,077,000 | 8,796,000 | 8,580,000 | 8,647,000 | 8,728,000 | 8,992,000 | 9,216,000 | 9,395,000 | 9,853,000 | 9,664,000 | 9,429,000 | 9,526,000 | 9,029,000 | 9,697,000 | 9,315,000 | 9,036,000 | 8,974,000 | 8,007,000 | 8,373,000 | 7,937,000 | 7,591,000 | 7,393,000 | 7,761,000 | 8,027,000 | 7,434,000 | 7,742,000 | 7,868,000 | 7,120,000 | 6,938,000 | 7,297,000 | 8,181,000 | 7,205,000 | 7,527,000 | 6,513,000 | 5,558,000 | 5,797,000 | 5,360,000 | 6,562,000 | 8,332,000 | 7,291,000 | 7,061,000 | 31,149,413 | 7,995 | 6,974,000 | 7,618,000 | 8,432,000 | 9,403,000 | 7,961,000 | 10,408,000 | 10,452,000 | 8,607,000 | 7,475,000 | 5,107,000 | 7,307,000 | 6,738,000 | 6,383,000 | 7,508,000 | 6,695,000 |
cost of subscriber equipment sales | 2,467,000 | 4,555,000 | 3,422,000 | 2,881,000 | 2,047,000 | 2,548,000 | 2,515,000 | 2,066,000 | 2,158,000 | 2,544,000 | 3,458,000 | 5,662,000 | 4,309,000 | 3,944,000 | 3,490,000 | 3,097,000 | 2,566,000 | 3,731,000 | 4,099,000 | 2,858,000 | 2,899,000 | 3,653,000 | 4,032,000 | 2,940,000 | 2,643,000 | 4,554,000 | 4,482,000 | 3,578,000 | 3,149,000 | 3,673,000 | 4,426,000 | 4,170,000 | 2,172,000 | 2,165,000 | 2,905,000 | 2,778,000 | 2,096,000 | 2,432,000 | 2,411,000 | 2,886,000 | 2,178,000 | 2,786,000 | 2,914,000 | 2,983,000 | 3,131,000 | 3,617,000 | 3,836,000 | 4,332,000 | 3,072,000 | 2,948,000 | 4,148,000 | 3,587,000 | 2,940,000 | 2,815,000 | 4,040,000 | 3,701,000 | 2,723,000 | 2,606,000 | 2,871,000 | 3,998,000 | 2,874,000 | 13,172,683 | 3,329 | 3,477,000 | 2,512,000 | 2,832,000 | 2,995,000 | 4,942,000 | 4,118,000 | 5,045,000 | 2,849,500 | 3,390,000 | 4,557,000 | 3,451,000 | 3,725,000 | 10,902,000 | ||
marketing, general and administrative | 14,828,000 | 18,809,000 | 11,347,000 | 9,683,000 | 11,589,000 | 11,996,000 | 10,439,000 | 10,353,000 | 10,646,000 | 11,615,000 | 12,090,000 | 12,654,000 | 13,391,000 | 14,362,000 | 10,707,000 | 9,693,000 | 9,341,000 | 12,384,000 | 9,196,000 | 9,681,000 | 10,097,000 | 10,331,000 | 10,063,000 | 10,253,000 | 11,091,000 | 9,710,000 | 12,895,000 | 11,022,000 | 11,606,000 | 13,163,000 | 15,061,000 | 15,944,000 | 11,275,000 | 10,449,000 | 9,616,000 | 9,544,000 | 9,490,000 | 10,845,000 | 10,077,000 | 11,450,000 | 8,610,000 | 8,988,000 | 9,675,000 | 10,159,000 | 8,596,000 | |||||||||||||||||||||||||||||||||
stock-based compensation | 2,705,000 | 5,601,000 | 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in the value and disposal of long-lived assets | 64,000 | 75,000 | 115,000 | 7,038,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, amortization and accretion | 18,397,000 | 20,421,000 | 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 | 24,093,000 | 24,026,000 | 23,852,000 | 23,801,000 | 23,853,000 | 24,738,000 | 22,616,000 | 19,231,000 | 19,514,000 | 19,415,000 | 19,275,000 | 19,294,000 | 19,271,000 | 19,046,000 | |||||||||||||||||||||||||||||||||||||||
total operating expenses | 61,894,000 | 72,332,000 | 63,689,000 | 61,002,000 | 68,533,000 | 65,426,000 | 62,873,000 | 61,807,000 | 61,192,000 | 64,402,000 | 55,666,000 | 52,452,000 | 51,453,000 | 50,626,000 | 224,267,000 | 48,156,000 | 46,484,000 | 49,996,000 | 47,328,000 | 46,287,000 | 46,189,000 | 48,236,000 | 47,392,000 | 45,743,000 | 46,279,000 | 48,889,000 | 50,619,000 | 47,847,000 | 48,409,000 | 50,353,000 | 53,654,000 | 31,778,000 | 41,707,000 | 59,708,000 | 41,251,000 | 40,633,000 | 39,854,000 | 41,199,000 | 40,307,000 | 41,497,000 | 37,534,000 | 38,680,000 | 39,767,000 | 40,440,000 | 38,207,000 | 54,284,000 | 41,534,000 | 49,029,000 | 41,111,000 | 47,826,000 | 45,123,000 | 39,436,000 | 37,723,000 | 38,066,000 | 38,192,000 | 63,385,000 | 31,668,000 | 39,656,000 | 39,575,000 | 35,817,000 | 31,014,000 | 127,627,626 | 31,536 | 26,606,000 | 24,232,000 | 27,751,000 | 29,198,000 | 28,317,000 | 32,804,000 | 39,962,000 | 35,077,000 | 33,686,000 | 22,872,750 | 26,030,000 | 41,721,000 | 23,740,000 | 28,096,000 | 29,866,000 |
income from operations | 8,170,000 | -371,000 | 10,156,000 | 6,146,000 | -8,501,000 | -4,249,000 | 9,434,000 | -1,422,000 | -4,712,000 | -11,993,000 | 2,017,000 | 2,620,000 | 7,191,000 | -9,320,000 | -186,641,000 | -11,356,000 | -13,712,000 | -15,521,000 | -14,714,000 | -16,008,000 | -19,260,000 | -15,064,000 | -14,635,000 | -15,379,000 | -14,085,000 | -18,331,000 | -12,958,000 | -30,281,000 | -10,793,000 | -12,510,000 | -15,202,000 | -16,804,000 | -14,763,000 | -16,411,000 | -15,698,000 | -15,913,000 | -16,089,000 | -17,417,000 | -17,185,000 | -32,191,000 | -18,093,000 | -25,035,000 | -20,575,000 | -26,832,000 | -22,574,000 | -19,601,000 | -18,390,000 | -19,004,000 | -17,655,000 | -43,404,000 | -14,930,000 | -22,269,000 | -21,388,000 | -16,818,000 | ||||||||||||||||||||||||
yoy | -196.11% | -91.27% | 7.65% | -532.21% | 80.41% | -64.57% | 367.72% | -154.27% | -165.53% | 28.68% | -101.08% | -123.07% | -152.44% | -39.95% | 1168.46% | -29.06% | -28.81% | 3.03% | 0.54% | 4.09% | 36.74% | -23.16% | 41.46% | -14.76% | 80.20% | -26.89% | -23.77% | -3.16% | 5.60% | -8.24% | -5.78% | -8.65% | -50.57% | -11.08% | -30.43% | -16.48% | 19.97% | -19.85% | 27.72% | 11.88% | 41.19% | 27.86% | -54.84% | 23.17% | -14.66% | -17.45% | 158.08% | |||||||||||||||||||||||||||||||
qoq | -2302.16% | -103.65% | 65.25% | -172.30% | 100.07% | -145.04% | -763.43% | -69.82% | -60.71% | -694.60% | -23.02% | -63.57% | -177.16% | -95.01% | 1543.55% | -17.18% | -11.66% | 5.48% | -8.08% | -16.88% | 27.85% | 2.93% | -4.84% | 9.19% | -57.21% | 180.56% | -13.73% | -17.71% | -9.53% | 13.83% | -10.04% | 4.54% | -1.35% | -1.09% | -7.62% | 1.35% | -46.62% | 77.92% | -27.73% | 21.68% | -23.32% | 18.86% | 15.17% | 6.59% | -3.23% | 7.64% | -59.32% | 190.72% | -32.96% | 4.12% | 27.17% | |||||||||||||||||||||||||||
operating margin % | 11.66% | -0.52% | 13.75% | 9.15% | -14.16% | -6.95% | 13.05% | -2.35% | -8.34% | -22.88% | 3.50% | 4.76% | 12.26% | -22.56% | -496.04% | -30.86% | -41.84% | -45.02% | -45.12% | -52.87% | -71.52% | -45.41% | -44.68% | -50.65% | -43.75% | 0% | 0% | 0% | -60.94% | 0% | 0% | 0% | -45.07% | -102.90% | -35.44% | -44.48% | -61.67% | -68.88% | -57.79% | -65.42% | -71.89% | -69.90% | -67.95% | -75.65% | -81.75% | -145.71% | -77.19% | -104.34% | -100.19% | -127.81% | -100.11% | -98.82% | -95.12% | -99.70% | -85.97% | -217.23% | -89.20% | -Infinity% | -Infinity% | -Infinity% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
other income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income and expense, net of amounts capitalized | -19,814,000 | -14,518,000 | -11,029,000 | -7,428,000 | -7,945,000 | -3,261,000 | -2,872,000 | -3,644,000 | -3,785,000 | -3,562,000 | -3,945,000 | -5,070,000 | -2,032,000 | -5,868,000 | -7,583,000 | -7,187,000 | -9,530,000 | -9,778,000 | -11,406,000 | -10,778,000 | -11,574,000 | -11,513,000 | -11,398,000 | -11,508,000 | -14,010,000 | -22,315,000 | -14,471,000 | -12,808,000 | -12,870,000 | -12,596,000 | -13,358,000 | -10,305,000 | -7,353,000 | -8,139,000 | -8,954,000 | -8,850,000 | -8,828,000 | -8,932,000 | -8,866,000 | -9,049,000 | -9,105,000 | -9,074,000 | -9,019,000 | -9,244,000 | -8,517,000 | -9,380,000 | -9,067,000 | -13,864,000 | -10,921,000 | -27,959,000 | -16,901,000 | -15,216,000 | -7,752,000 | -8,090,000 | -6,565,000 | -3,781,000 | -3,050,000 | |||||||||||||||||||||
foreign currency gain | -1,621,000 | 264,000 | -588,000 | 11,966,000 | 4,106,000 | -13,192,000 | 4,918,000 | -4,493,000 | -3,842,000 | 2,038,000 | 1,907,000 | -7,123,000 | 3,232,000 | -1,666,000 | -4,752,000 | 4,425,000 | 6,646,000 | 266,000 | 1,314,000 | -8,953,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative loss and other income | -2,558,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other expense | -23,993,000 | -8,079,000 | -8,476,000 | -2,147,000 | -8,071,000 | -2,585,000 | -10,627,000 | -6,585,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -15,823,000 | -9,591,000 | 2,190,000 | 17,381,000 | -12,753,000 | -50,006,000 | 11,666,000 | -9,501,000 | -13,188,000 | -14,140,000 | -6,054,000 | 35,000 | -3,436,000 | -5,313,000 | -204,514,000 | -26,636,000 | -20,379,000 | -24,574,000 | -30,999,000 | -21,095,000 | -36,256,000 | -21,241,000 | -24,888,000 | -24,646,000 | -38,202,000 | -37,326,000 | 21,151,000 | 6,246,000 | 25,798,000 | -96,444,000 | 9,070,000 | -6,988,000 | 87,971,000 | -22,604,000 | 52,473,000 | -98,628,000 | -20,125,000 | -117,202,000 | -8,880,000 | 13,649,000 | -26,756,000 | -25,873,000 | 24,213,000 | 204,873,000 | -129,499,000 | 91,643,000 | 129,479,000 | -432,758,000 | -250,348,000 | -233,999,000 | -204,851,000 | -126,153,000 | -24,975,000 | -18,900,000 | -41,132,000 | -27,385,000 | -24,368,000 | -33,985,000 | -703,000 | -13,987,000 | -6,358,000 | -96,991,723 | -24,485 | -19,214,000 | -35,578,000 | -33,830,000 | -5,427,000 | 1,581,000 | 801,000 | -399,000 | 5,758,000 | |||||||
income tax expense | 1,597,000 | 2,027,000 | 1,100,000 | -1,827,000 | 4,578,000 | 213,000 | 1,732,000 | 182,000 | 8,000 | 938,000 | 115,000 | 26,000 | 44,000 | 22,000 | -153,000 | 121,000 | 83,000 | -616,000 | -114,000 | 354,000 | 77,000 | 493,000 | 58,000 | 90,000 | 21,000 | 421,000 | 40,000 | 57,000 | 27,000 | 9,000 | 51,000 | 24,000 | 41,000 | -19,000 | 67,000 | 106,000 | 36,000 | 19,000 | -6,303,000 | -450,000 | 191,000 | 943,000 | 115,000 | 106,000 | 228,000 | -374,000 | 89,000 | 972,000 | 193,000 | 797,000 | 118,000 | 119,000 | 103,000 | 148,000 | 157,000 | -276,000 | -22,000 | 81,000 | 108,000 | 395,893 | 8 | 35,000 | 64,000 | 54,000 | 92,000 | 30,000 | 2,039,000 | 29,000 | 166,000 | 29,500 | 929,000 | 357,000 | 3,057,000 | |||||
net income | -17,420,000 | -11,618,000 | 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 | -433,730,000 | -250,541,000 | -234,796,000 | -204,969,000 | -126,272,000 | -25,078,000 | -18,952,000 | -41,188,000 | -27,533,000 | -24,525,000 | -33,709,000 | -681,000 | -14,068,000 | -6,466,000 | -97,387,616 | -24,493 | -19,249,000 | -35,642,000 | -33,884,000 | -5,519,000 | -13,762,000 | -21,758,000 | -26,103,000 | -7,348,000 | -6,635,000 | -2,897,750 | 652,000 | -12,687,000 | 444,000 | -730,000 | 2,701,000 |
yoy | 0.51% | -76.87% | -89.03% | -298.37% | 31.34% | 233.06% | -261.03% | -107688.89% | 279.20% | 182.62% | -96.98% | -100.03% | -82.99% | -77.73% | 561.68% | 24.75% | -43.68% | 10.23% | 23.81% | -13.29% | -4.94% | -42.42% | -218.17% | -499.68% | -248.32% | -60.86% | 134.07% | -188.26% | -70.69% | 327.07% | -82.79% | -92.90% | -536.14% | -80.73% | -2133.60% | -800.29% | -25.18% | 337.13% | -110.69% | -93.11% | -79.23% | -129.14% | -81.38% | -147.21% | -48.22% | -139.19% | -163.13% | 243.49% | 899.05% | 1138.90% | 397.64% | 358.62% | 2.25% | -43.78% | 5948.16% | 95.71% | 279.29% | -65.39% | 2680.39% | -26.92% | -81.86% | 187.41% | -99.56% | 39.87% | 63.81% | 29.81% | -24.89% | 107.42% | 650.86% | -4103.53% | -42.08% | -1594.37% | 296.95% | -75.86% | ||||
qoq | 49.94% | -1165.87% | -94.33% | -210.83% | -65.49% | -605.53% | -202.59% | -26.62% | -12.48% | 144.42% | -68644.44% | -100.26% | -34.77% | -97.39% | 663.77% | 30.76% | -14.59% | -22.43% | 43.99% | -40.97% | 67.17% | -12.88% | 0.85% | -35.29% | 1.26% | -278.80% | 241.11% | -75.98% | -126.72% | -1169.44% | -228.62% | -107.97% | -489.33% | -143.10% | -153.08% | 389.73% | -82.80% | 4448.74% | -118.28% | -152.32% | 0.49% | -211.28% | -88.23% | -257.84% | -240.98% | -28.88% | -129.83% | 73.12% | 6.71% | 14.55% | 62.32% | 403.52% | 32.32% | -53.99% | 49.60% | 12.27% | -27.24% | 4849.93% | -95.16% | 117.57% | -93.36% | 397514.08% | -99.87% | -45.99% | 5.19% | 513.95% | -59.90% | -36.75% | -16.65% | 255.24% | 10.75% | 128.97% | -544.44% | -105.14% | -2957.43% | -160.82% | -127.03% | |
net income margin % | -24.86% | -16.14% | 1.48% | 28.61% | -28.87% | -82.09% | 13.74% | -16.04% | -23.36% | -28.77% | -10.69% | 0.02% | -5.93% | -12.92% | -543.14% | -72.71% | -62.44% | -69.49% | -94.70% | -70.84% | -134.92% | -65.52% | -76.15% | -81.46% | -118.73% | -118.57% | 54.67% | 19.84% | 85.68% | -301.93% | 25.27% | -20.79% | 305.85% | -76.75% | 172.06% | -351.08% | -81.78% | -480.51% | -10.09% | 56.20% | -123.41% | -117.78% | 101.77% | 889.40% | -617.10% | 416.50% | 551.98% | -1807.66% | -1220.01% | -1118.40% | -908.99% | -636.61% | -129.72% | -99.42% | -200.56% | -137.80% | -146.52% | -Infinity% | -Infinity% | -Infinity% | -35.42% | -143.45% | -134.41% | -109.23% | -228.90% | -213.39% | -31.50% | -87.57% | -143.49% | -115.88% | -31.95% | -29.98% | -15.52% | 2.54% | -49.10% | 1.92% | -2.50% | 6.98% |
other comprehensive income: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation adjustments | 2,039,000 | -2,353,250 | 1,009,000 | -7,577,000 | -2,845,000 | 120,500 | -3,775,000 | 1,864,000 | 2,393,000 | -58,250 | 2,503,000 | -1,307,000 | -1,429,000 | 2,812,250 | 6,613,000 | 5,315,000 | -679,000 | 817,250 | 3,185,000 | -3,158,000 | 3,242,000 | 961,000 | -91,000 | -1,368,000 | 5,303,000 | 63,500 | 1,022,000 | -498,000 | -270,000 | 700,000 | 500,000 | 2,630,000 | -330,000 | -441,750 | -902,000 | -45,000 | -821,000 | -373,000 | 84,000 | -925,000 | -651,000 | -364,500 | -615,000 | 447,000 | ||||||||||||||||||||||||||||||||||
comprehensive loss | -15,381,000 | -20,176,000 | -7,819,000 | -10,803,000 | -2,468,250 | -3,666,000 | -1,298,000 | -4,909,000 | -59,564,500 | -195,675,000 | -21,442,000 | -21,141,000 | -21,349,500 | -27,700,000 | -24,607,000 | -33,091,000 | -432,875,000 | -251,776,000 | -89,104,250 | -204,417,000 | -126,353,000 | -25,648,000 | -22,894,500 | -40,069,000 | -27,443,000 | -24,066,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss attributable to common shareholders | -20,035,000 | -19,946,000 | -12,327,000 | -15,840,000 | -17,751,000 | -8,842,000 | -2,635,000 | -6,095,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net loss per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -160 | -160 | -10 | -10 | -10 | -110 | -10 | -10 | -12.5 | -20 | -10 | -20 | -20 | -30 | -130 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -160 | -160 | -10 | -10 | -10 | -110 | -10 | -10 | -12.5 | -20 | -10 | -20 | -20 | -30 | -130 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 128,417,000 | 126,757,000 | 126,688,000 | 126,614,000 | 126,476,000 | 125,877,000 | 1,892,253,000 | 1,884,208,000 | 1,882,605,000 | 1,835,005,000 | 1,836,251,000 | 1,813,393,000 | 1,811,831,000 | 1,800,825,000 | 1,800,504,000 | 1,799,886,000 | 1,797,671,000 | 1,765,139,000 | 1,793,144,000 | 1,791,943,000 | 1,679,754,000 | 1,642,359,000 | 1,670,315,000 | 1,668,974,000 | 1,557,960,000 | 1,450,768,000 | 1,451,703,000 | 1,450,380,000 | 1,448,318,000 | 1,269,548,000 | 1,264,516,000 | 1,263,372,000 | 1,262,336,000 | 1,166,581,000 | 1,169,993,000 | 1,128,985,000 | 1,113,968,000 | 1,064,443,000 | 1,080,313,000 | 1,049,381,000 | 1,041,028,000 | 1,020,149,000 | 1,031,398,000 | 1,009,917,000 | 1,000,845,000 | 934,356,000 | 987,668,000 | 904,994,000 | 849,321,000 | 614,959,000 | 673,546,000 | 496,169,000 | 472,187,000 | 388,453,000 | 392,344,000 | 379,433,000 | 357,418,000 | 299,144,000 | 295,513,000 | 294,963,000 | 293,053,000 | 285,316,000 | 287,502 | 282,080,000 | 275,370,000 | 145,430,000 | 144,827,000 | 133,880,000 | 128,608,000 | 84,631,000 | 84,029,000 | 82,448,000 | 78,000,148,000 | 75,656,992,000 | 73,651,548,000 | 63,709,763,000 | 62,875,494,000 | |
diluted | 128,417,000 | 126,757,000 | 126,688,000 | 127,854,000 | 126,476,000 | 125,877,000 | 1,910,061,000 | 1,884,208,000 | 1,882,605,000 | 1,835,005,000 | 1,836,251,000 | 1,813,393,000 | 1,811,831,000 | 1,800,825,000 | 1,800,504,000 | 1,799,886,000 | 1,797,671,000 | 1,765,139,000 | 1,793,144,000 | 1,791,943,000 | 1,679,754,000 | 1,642,359,000 | 1,670,315,000 | 1,668,974,000 | 1,557,960,000 | 1,655,191,000 | 1,647,734,000 | 1,640,442,000 | 1,632,257,000 | 1,269,548,000 | 1,427,800,000 | 1,263,372,000 | 1,437,328,000 | 1,166,581,000 | 1,345,905,000 | 1,128,985,000 | 1,113,968,000 | 1,064,443,000 | 1,080,313,000 | 1,249,672,000 | 1,041,028,000 | 1,230,394,000 | 1,234,551,000 | 1,205,450,000 | 1,000,845,000 | 934,356,000 | 1,189,190,000 | 904,994,000 | 849,321,000 | 614,959,000 | 673,546,000 | 496,169,000 | 472,187,000 | 388,453,000 | 392,344,000 | 379,433,000 | 357,418,000 | 299,144,000 | 295,513,000 | 294,963,000 | 293,053,000 | 285,316,000 | 287,502 | 282,080,000 | 275,370,000 | 145,430,000 | 144,827,000 | 133,880,000 | 128,608,000 | 84,631,000 | 84,029,000 | 82,448,000 | 79,043,868,000 | 75,656,992,000 | 73,745,811,000 | 64,076,182,000 | 63,205,206,000 | |
derivative and other | 2,483,750 | 3,651,000 | 6,697,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | -245,750 | -7,966,000 | 11,235,000 | -4,252,000 | -3,580,750 | 2,232,000 | -9,955,000 | -17,873,000 | -15,280,000 | -6,667,000 | -9,053,000 | -16,285,000 | -5,087,000 | -16,996,000 | -6,177,000 | -10,253,000 | -9,267,000 | -24,117,000 | -20,272,000 | 33,156,000 | 22,902,000 | 44,129,000 | -78,037,000 | 27,032,000 | -8,936,000 | 100,929,000 | 7,677,000 | 63,266,000 | -86,118,000 | -4,923,000 | -100,398,000 | 5,883,000 | 30,060,000 | -11,058,000 | -9,960,000 | 40,302,000 | 222,290,000 | -112,314,000 | 123,834,000 | 147,572,000 | -407,723,000 | -229,773,000 | -207,167,000 | -182,277,000 | -106,552,000 | 104,000 | -23,477,000 | 16,019,000 | -9,438,000 | -11,716,000 | 20,685,000 | 2,831,000 | 6,402,000 | -37,253,681 | -11,172 | -10,230,000 | -26,917,000 | -21,958,000 | 6,250,000 | 4,759,000 | 5,083,000 | 1,334,750 | 1,923,000 | 2,029,000 | 1,387,000 | |||||||||||||
comprehensive income | -1,611,500 | 2,099,000 | 11,631,000 | -3,115,750 | 6,159,000 | -21,015,250 | -25,037,000 | -26,104,000 | -32,920,000 | 13,331,250 | 22,133,000 | 5,691,000 | 25,501,000 | 23,184,250 | 9,519,000 | -138,938,500 | 128,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to common shareholders | -1,241,250 | -1,583,000 | 16,564,000 | -5,226,500 | 7,261,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -10 | -10 | 130 | -2.5 | -20 | -10 | -10 | -20 | -30 | 10 | 20 | 17.5 | 10 | -10 | 70 | -15 | 40 | -90 | -2.5 | 10 | 25 | 20 | 200 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -10 | -10 | 130 | -2.5 | -20 | -10 | -10 | -20 | -20 | -10 | 10 | 20 | 17.5 | 10 | -10 | 60 | -15 | 40 | -90 | -2.5 | 10 | 22.5 | 20 | 170 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | -413,000 | -1,926,000 | 186,000 | 58,000 | -849,000 | 148,000 | -99,000 | 119,000 | -45,000 | 272,000 | 117,000 | -39,000 | 473,000 | -88,000 | 22,000 | -2,643,000 | -346,000 | -233,000 | -333,000 | -750,000 | -2,529,000 | 474,000 | -9,000 | -617,000 | 1,331,000 | -3,351,000 | -662,000 | -433,000 | -314,000 | -2,102,000 | -24,000 | 151,000 | -505,000 | 685,000 | -609,000 | 1,501,000 | -1,953,000 | -452,000 | 4,133,000 | 831,000 | 2,586,000 | -1,092,000 | 713,000 | -1,837,000 | -1,540,000 | -224,000 | 642,000 | -1,342,000 | -439,000 | -632,000 | 132,000 | -255,000 | -1,876,000 | 125,000 | 1,179,000 | -2,727,258 | -883 | -1,132,000 | 98,250 | 1,839,000 | 2,529,000 | 8,251,000 | 1,218,500 | 3,827,000 | 1,234,000 | |||||||||||||
reduction in the value of long-lived assets | 20,000 | 231,000 | 305,000 | 328,000 | 35,000 | 7,139,000 | 79,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on extinguishment of debt | -2,600,750 | -10,403,000 | -6,306,000 | -2,189,000 | -65,000 | -231,000 | -12,936,000 | -16,484,000 | -10,195,000 | 1,717,000 | -63,569,000 | -47,240,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other comprehensive loss: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of subscriber equipment sales - reduction in the value of inventory | 8,537,000 | 16,000 | 151,000 | 71,000 | 782,000 | 14,367,000 | 7,317,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency loss | -51,500 | -4,151,000 | 6,705,000 | -9,406,000 | -4,315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative gain and other | 1,357,000 | 25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
defined benefit pension plan liability adjustment | 518,250 | 2,073,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative gain | 299,000 | 261,000 | 662,000 | 1,167,000 | 229,000 | -1,310,000 | 1,333,000 | 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 | -1,556,000 | 54,194,000 | 237,087,000 | 132,614,000 | 166,989,000 | -209,370,000 | -179,088,000 | -97,534,000 | -29,903,000 | 525,000 | 9,536,000 | -16,473,000 | 20,432,000 | -6,520,000 | -10,251,000 | 23,793,000 | 3,861,000 | 6,435,000 | -10,546.25 | -9,150 | 1,299,000 | 5,993,000 | |||||||||||||||||||||||||||||||
derivative loss | -1,242,000 | -486,000 | -1,129,000 | -1,344,000 | -107,865,000 | -376,283,000 | -8,073,000 | -24,962,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in value of long-lived assets | 41,631,500 | 166,001,000 | 525,000 | 60,500 | 242,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on extinguishment of debt | 1,263,000 | -829,000 | 2,664,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pension settlement loss | -1,501,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revision to contract termination charge | -20,478,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | -11,748,000 | -12,005,000 | -16,656,000 | -7,243,000 | -17,962,000 | 1,948,000 | -12,760,000 | -59,738,042 | -13,313 | -8,984,000 | -8,661,000 | -11,872,000 | -11,677,000 | 1,139,000 | 8,829,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on legal settlement | 120,000 | 6,779,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on equity issuance | 1,964,000 | 706,000 | 51,000 | 4,272,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive income | -4,382,000 | 87,600,000 | -17,064,000 | 51,504,000 | -98,779,000 | -4,229,250 | -2,493,000 | 13,174,000 | 24,420,000 | 23,483,000 | 205,214,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
service revenues | 26,622,000 | 26,069,000 | 24,301,000 | 21,481,000 | 21,398,000 | 21,952,000 | 20,970,000 | 18,749,000 | 18,757,000 | 19,644,000 | 18,616,000 | 17,107,000 | 17,176,000 | 18,511,000 | 17,887,000 | 16,249,000 | 16,790,000 | 17,056,000 | 15,409,000 | 15,390,000 | 15,322,000 | 15,368,000 | 14,150,000 | 12,627,000 | 13,623,000 | 14,198,000 | 13,377,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
total comprehensive loss | -20,982,000 | -27,598,000 | -131,017,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, amortization, and accretion | 14,456,250 | 19,446,000 | 19,224,000 | 19,155,000 | 14,433,500 | 19,417,000 | 16,598,250 | 21,047,000 | 22,013,000 | 23,332,000 | 16,528,500 | 23,715,000 | 22,067,000 | 20,332,000 | 20,524,000 | 18,654,000 | 15,888,000 | 14,735,000 | 14,537,000 | 12,106,000 | 12,795,000 | 10,611,000 | 4,791 | 7,301 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity issuance | -2,075,000 | -831,000 | -2,920,000 | -2,912,000 | -2,733,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency translation | -1,290,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketing, general, and administrative | 6,199,750 | 8,783,000 | 8,247,000 | 7,769,000 | 5,644,750 | 9,079,000 | 6,577,000 | 6,924,000 | 7,774,000 | 9,280,000 | 8,763,000 | 8,522,000 | 8,432,000 | 12,249,000 | 11,572,000 | 10,183,000 | 41,795,755 | 12,911 | 10,122,000 | 8,212,000 | 11,497,000 | 12,328,000 | 11,408,000 | 13,977,000 | 17,372,000 | 15,482,000 | 15,748,000 | 8,546,250 | 12,069,000 | 10,634,000 | 11,482,000 | 12,665,000 | 10,543,000 | |||||||||||||||||||||||||||||||||||||||||||||
income per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -152.5 | 130 | -310 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -152.5 | 110 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -480 | -290 | -320 | -300 | -250 | -50 | -40 | -100 | -70 | -70 | -110 | -50 | -20 | -339.72 | -0.09 | -70 | -130 | -220 | -40 | -100 | -170 | -90 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -480 | -290 | -320 | -300 | -250 | -50 | -40 | -100 | -70 | -70 | -110 | -50 | -20 | -339.72 | -0.09 | -70 | -130 | -220 | -40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contract termination charge | 22,048,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on future equity issuance | -13,969,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of subscriber equipment sales – reduction in the value of inventory | 239,250 | 660,000 | 49,000 | 249,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 90,250 | 56,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 13,860,000 | 18,187,000 | 18,999,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in the value of equipment | 350,250 | 979,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in the value of assets | 871,000 | 3,038,000 | 161,000 | 285,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 1,000 | 3,000 | 2,000 | 9,000 | 423,598 | 63 | 157,000 | 182,000 | 137,000 | 181,000 | 56,000 | 128,000 | 1,474,000 | 1,565,000 | 1,368,000 | 563,250 | 734,000 | 691,000 | 828,000 | 726,000 | 80,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense, net of amounts capitalized | -1,211,000 | -1,235,000 | -1,157,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -1,221,000 | -5,017,206 | -1,202 | -1,182,000 | -1,410,000 | -1,586,000 | -1,763,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of subscriber equipment sales: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of subscriber equipment sales — impairment of assets | 15.25 | 60,000 | 648,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cost of subscriber equipment sales | 24,034,622 | 3,329 | 3,537,000 | 3,480,000 | 4,942,000 | 4,467,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 5,973,000 | 5,890,000 | 5,497,000 | 5,473,000 | 5,468,000 | 5,424,000 | 7,196,000 | 6,521,000 | 5,418,000 | 2,056,250 | 3,264,000 | 2,537,000 | 2,424,000 | 2,255,000 | 1,726,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other expense | -727,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equipment sales | 2,861,750 | 4,261,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of equipment sales: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of equipment sales | 1,953,500 | 1,987,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of equipment sales — impairment of assets | 163,750 | 7,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total cost of equipment sales | 2,117,250 | 1,994,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest rate derivative loss | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of subscriber equipment sales – impairment of assets | 349,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest rate derivative gain | 3,743,000 | 1,910,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | -80 | -37.5 | 10 | -170 | 10 | -20 | 40 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | -80 | -37.5 | 10 | 10 | -20 | 40 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets | 4,313,750 | 17,255,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma c corporation data: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
historical income before income taxes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma income tax expense | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma net income | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma earnings per common share: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted |
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 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2009-12-18 | 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 | 2006-09-30 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 358,448,000 | 447,471,000 | 346,293,000 | 308,226,000 | 241,411,000 | 391,164,000 | 51,916,000 | 64,334,000 | 59,282,000 | 56,744,000 | 64,136,000 | 65,334,000 | 20,487,000 | 32,082,000 | 14,749,000 | 13,141,000 | 11,519,000 | 14,304,000 | 11,306,000 | 15,724,000 | 8,369,000 | 13,330,000 | 19,477,000 | 12,070,000 | 10,463,000 | 7,606,000 | 26,225,000 | 25,085,000 | 13,773,000 | 15,212,000 | 20,462,000 | 12,806,000 | 48,810,000 | 41,644,000 | 16,243,000 | 8,838,000 | 23,535,000 | 10,230,000 | 12,910,000 | 11,269,000 | 11,859,000 | 7,476,000 | 27,973,000 | 12,871,000 | 13,655,000 | 7,121,000 | 27,221,000 | 23,800,000 | 19,595,000 | 6,643,000 | 6,237,000 | 1,300,000 | 1,219,000 | 4,820,000 | 7,735,000 | 6,080,000 | 24,088,000 | 8,254,000 | 33,017,000 | 57,452 | 87,188,000 | 131,699,000 | 16,037,000 | 3,043,000 | 12,937,000 | 25,596,000 | 14,466,000 | 36,339,000 | 10,074,000 | 19,419,000 | 43,698,000 | 17,710,000 | |
accounts receivable | 19,762,000 | 19,976,000 | 25,972,000 | 24,775,000 | 22,857,000 | 26,952,000 | 43,021,000 | 43,148,000 | 42,830,000 | 48,743,000 | 43,218,000 | 30,188,000 | 28,007,000 | 26,329,000 | 29,594,000 | 24,117,000 | 25,249,000 | 21,182,000 | 35,054,000 | 28,870,000 | 28,257,000 | 22,147,000 | 21,418,000 | 19,756,000 | 21,544,000 | 21,760,000 | 20,909,000 | 22,419,000 | 20,037,000 | 19,327,000 | 20,471,000 | 19,886,000 | 17,161,000 | 17,113,000 | 17,613,000 | 15,369,000 | 12,918,000 | 15,219,000 | 16,585,000 | 16,164,000 | 14,445,000 | 14,536,000 | 14,051,000 | 16,653,000 | 15,300,000 | 15,015,000 | 16,217,000 | 16,767,000 | 15,886,000 | 16,444,000 | 14,907,000 | 14,376,000 | 13,601,000 | 11,781,000 | 11,976,000 | 13,220,000 | 15,406,000 | 15,610,000 | 13,671,000 | 12,873 | 10,773,000 | 1,176,000 | 10,468,000 | 7,910,000 | 6,287,000 | 15,279,000 | 11,461,000 | 13,070,000 | 14,998,000 | 16,410,000 | 16,887,000 | 19,543,000 | 23,964,000 |
inventory | 10,078,000 | 9,614,000 | 11,425,000 | 11,485,000 | 10,163,000 | 10,741,000 | 11,877,000 | 13,107,000 | 14,407,000 | 14,582,000 | 12,197,000 | 10,661,000 | 10,095,000 | 9,264,000 | 8,563,000 | 15,887,000 | 14,271,000 | 13,829,000 | 12,545,000 | 11,811,000 | 12,730,000 | 13,736,000 | 15,362,000 | 15,688,000 | 16,013,000 | 16,341,000 | 17,240,000 | 14,831,000 | 14,415,000 | 14,274,000 | 13,067,000 | 7,742,000 | 7,671,000 | 7,273,000 | 8,504,000 | 8,814,000 | 8,851,000 | 8,093,000 | 9,731,000 | 9,698,000 | 11,355,000 | 12,023,000 | 12,080,000 | 11,973,000 | 13,584,000 | 14,734,000 | 29,277,000 | 28,633,000 | 29,521,000 | 37,482,000 | 38,109,000 | 39,823,000 | 43,045,000 | 41,154,000 | 41,239,000 | 50,003,000 | 55,715,000 | 56,434,000 | 55,635,000 | 63,228 | 59,366,000 | 2,897,000 | 59,006,000 | 55,469,000 | 53,323,000 | 64,849,000 | 62,441,000 | 57,914,000 | 46,288,000 | 36,054,000 | 43,878,000 | 33,754,000 | 31,950,000 |
prepaid expenses and other current assets | 18,257,000 | 19,667,000 | 17,298,000 | 18,905,000 | 18,035,000 | 18,714,000 | 20,638,000 | 23,421,000 | 19,458,000 | 22,584,000 | 24,087,000 | 14,819,000 | 14,126,000 | 13,569,000 | 13,085,000 | 16,586,000 | 20,154,000 | 19,558,000 | 16,092,000 | 15,457,000 | 15,348,000 | 15,649,000 | 13,429,000 | 14,045,000 | 13,105,000 | 16,931,000 | 20,916,000 | 20,319,000 | 24,406,000 | 13,410,000 | 8,800,000 | 8,879,000 | 6,526,000 | 6,745,000 | 5,685,000 | 5,189,000 | 4,829,000 | 4,588,000 | 5,571,000 | 5,030,000 | 4,401,000 | 4,456,000 | 5,719,000 | 7,722,000 | 7,283,000 | 7,748,000 | 7,456,000 | 6,913,000 | 7,415,000 | 7,583,000 | 6,440,000 | 5,327,000 | 5,785,000 | 12,972,000 | 5,128,000 | 7,021,000 | 14,735,000 | 4,593,000 | 5,061,000 | 4,310 | 4,396,000 | 5,806,000 | 16,071,000 | 5,406,000 | 6,867,000 | 8,339,000 | 7,813,000 | 3,061,000 | 2,814,000 | 2,459,000 | 2,512,000 | 1,989,000 | |
total current assets | 406,545,000 | 496,728,000 | 400,988,000 | 363,391,000 | 292,466,000 | 447,571,000 | 127,452,000 | 144,010,000 | 135,977,000 | 142,653,000 | 143,638,000 | 121,002,000 | 72,715,000 | 81,244,000 | 65,991,000 | 69,731,000 | 71,193,000 | 68,873,000 | 74,997,000 | 71,862,000 | 112,007,000 | 68,487,000 | 73,311,000 | 65,184,000 | 61,125,000 | 63,260,000 | 146,514,000 | 143,552,000 | 133,205,000 | 122,501,000 | 115,734,000 | 102,005,000 | 144,061,000 | 136,410,000 | 48,045,000 | 38,210,000 | 50,133,000 | 38,130,000 | 44,797,000 | 42,161,000 | 42,060,000 | 38,491,000 | 59,823,000 | 49,219,000 | 49,822,000 | 44,814,000 | 80,367,000 | 78,366,000 | 81,776,000 | 68,152,000 | 134,189,000 | 131,116,000 | 150,987,000 | 71,427,000 | 68,578,000 | 85,691,000 | 119,311,000 | 96,343,000 | 118,879,000 | 147,414 | 171,055,000 | 216,311,000 | 104,669,000 | 77,241,000 | 109,849,000 | 118,831,000 | 104,081,000 | 113,763,000 | 79,930,000 | 97,734,000 | 116,552,000 | 94,218,000 | |
property and equipment | 1,428,703,000 | 1,305,458,000 | 1,209,282,000 | 900,842,000 | 774,206,000 | 673,632,000 | 617,064,000 | 620,553,000 | 625,515,000 | 624,002,000 | 612,911,000 | 605,502,000 | 564,427,000 | 560,371,000 | 532,680,000 | 708,005,000 | 680,167,000 | 672,156,000 | 682,587,000 | 681,325,000 | 695,967,000 | 715,909,000 | 734,208,000 | 754,263,000 | 775,002,000 | 799,914,000 | 820,315,000 | 843,952,000 | 864,200,000 | 882,695,000 | 903,990,000 | 935,036,000 | 958,072,000 | 971,119,000 | 1,000,991,000 | 1,013,798,000 | 1,027,356,000 | 1,039,719,000 | 1,048,322,000 | 1,059,019,000 | 1,070,439,000 | 1,077,560,000 | 1,083,516,000 | 1,090,085,000 | 1,100,504,000 | 1,113,560,000 | 1,120,156,000 | 1,131,884,000 | 1,149,357,000 | 1,187,288,000 | 1,207,810,000 | 1,221,143,000 | 1,226,314,000 | 1,231,391,000 | 1,232,310,000 | 1,205,535,000 | 1,178,599,000 | 1,155,265,000 | 1,150,470,000 | 1,091,406 | 1,029,725,000 | 931,000 | 863,099,000 | 748,926,000 | 735,178,000 | ||||||||
operating lease right of use assets | 67,005,000 | 66,698,000 | 67,416,000 | 60,483,000 | 40,050,000 | 31,835,000 | 34,364,000 | 34,424,000 | 33,573,000 | 34,164,000 | 34,273,000 | 32,557,000 | 33,583,000 | 30,859,000 | 28,396,000 | 29,964,000 | 31,172,000 | 32,041,000 | 32,642,000 | 27,542,000 | 14,455,000 | 14,400,000 | 14,493,000 | 14,926,000 | 15,358,000 | 15,871,000 | 16,270,000 | 14,198,000 | 14,587,000 | ||||||||||||||||||||||||||||||||||||||||||||
prepaid network costs | 217,836,000 | 198,375,000 | 220,607,000 | 324,139,000 | 373,038,000 | 312,342,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
derivative asset | 111,859,000 | 114,461,000 | 120,765,000 | 117,184,000 | 110,852,000 | 108,799,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 14,128 and 12,511, respectively | 145,519,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets | 2,377,467,000 | 2,326,265,000 | 2,162,350,000 | 1,909,149,000 | 1,729,151,000 | 1,710,237,000 | 917,561,000 | 926,246,000 | 917,006,000 | 924,309,000 | 910,612,000 | 832,439,000 | 844,555,000 | 833,395,000 | 746,538,000 | 944,151,000 | 850,426,000 | 814,106,000 | 884,115,000 | 875,771,000 | 913,297,000 | 888,093,000 | 910,513,000 | 923,550,000 | 939,145,000 | 965,590,000 | 1,019,843,000 | 1,037,063,000 | 1,044,908,000 | 1,045,482,000 | 1,057,821,000 | 1,068,436,000 | 1,126,749,000 | 1,129,265,000 | 1,107,808,000 | 1,109,969,000 | 1,133,930,000 | 1,132,614,000 | 1,148,763,000 | 1,156,760,000 | 1,167,256,000 | 1,232,921,000 | 1,267,309,000 | 1,260,282,000 | 1,258,669,000 | 1,268,420,000 | 1,319,960,000 | 1,327,358,000 | 1,349,992,000 | 1,389,774,000 | 1,374,704,000 | 1,390,602,000 | 1,404,109,000 | 1,417,084,000 | 1,424,645,000 | 1,406,799,000 | 1,416,352,000 | 1,357,318,000 | 1,386,808,000 | 1,369,566 | 1,340,248,000 | 1,217,933,000 | 962,886,000 | 844,831,000 | 819,577,000 | 743,226,000 | 656,679,000 | 457,894,000 | 373,624,000 | 346,691,000 | 331,701,000 | 210,701,000 | |
liabilities and stockholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 42,400,000 | 31,835,000 | 23,503,000 | 22,708,000 | 30,757,000 | 34,600,000 | 34,600,000 | 34,600,000 | 34,600,000 | 34,600,000 | 32,200,000 | 29,800,000 | 55,299,000 | 58,824,000 | 45,526,000 | 45,000,000 | 98,829,000 | 98,829,000 | 96,249,000 | 96,249,000 | 87,732,000 | 87,732,000 | 79,215,000 | 79,215,000 | 94,327,000 | 108,720,000 | 75,755,000 | 75,755,000 | 38,112,000 | 38,112,000 | 32,835,000 | 32,835,000 | 19,642,000 | 19,642,000 | 6,450,000 | 6,450,000 | 7,271,000 | 7,271,000 | 4,046,000 | 585,670,000 | 657,474,000 | 651,909,000 | |||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 72,586,000 | 56,022,000 | 45,202,000 | 38,996,000 | 31,707,000 | 29,677,000 | 34,417,000 | 25,643,000 | 28,268,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued network construction costs | 84,328,000 | 55,218,000 | 27,931,000 | 15,989,000 | 12,409,000 | 15,613,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payables to affiliates | 176,000 | 391,000 | 175,000 | 315,000 | 157,000 | 394,000 | 274,000 | 522,000 | 261,000 | 459,000 | 153,000 | 284,000 | 142,000 | 326,000 | 142,000 | 411,000 | 266,000 | 444,000 | 271,000 | 418,000 | 303,000 | 581,000 | 471,000 | 361,000 | 381,000 | 261,000 | 353,000 | 2,356,000 | 218,000 | 656,000 | 645,000 | 286,000 | 296,000 | 225,000 | 382,000 | 304,000 | 236,000 | 309,000 | 243,000 | 240,000 | 615,000 | 616,000 | 536,000 | 456,000 | 376,000 | 481,000 | 443,000 | 264,000 | 232,000 | 303,000 | 316,000 | 260,000 | 231,000 | 170,000 | 408,000 | 210,000 | 180,000 | 333,000 | 710,000 | 690 | 696,000 | 983,000 | 4,082,000 | 3,388,000 | 3,119,000 | 1,269,000 | 1,286,000 | 5,678,000 | 3,105,000 | 3,041,000 | 6,019,000 | 9,043,000 | |
deferred revenue | 54,016,000 | 62,020,000 | 61,574,000 | 51,232,000 | 54,024,000 | 61,201,000 | 46,548,000 | 57,712,000 | 53,757,000 | 53,677,000 | 58,091,000 | 56,724,000 | 80,873,000 | 74,639,000 | 53,121,000 | 39,872,000 | 37,192,000 | 25,927,000 | 26,546,000 | 26,823,000 | 25,903,000 | 25,977,000 | 28,256,000 | 26,987,000 | 27,184,000 | 29,910,000 | 27,839,000 | 32,713,000 | 31,485,000 | 31,938,000 | 35,031,000 | 33,047,000 | 31,813,000 | 31,747,000 | 33,130,000 | 29,476,000 | 26,867,000 | 26,479,000 | 27,354,000 | 25,225,000 | 24,596,000 | 23,902,000 | 24,987,000 | 22,938,000 | 21,481,000 | 21,740,000 | 22,191,000 | 21,471,000 | 18,366,000 | 17,822,000 | 18,677,000 | 18,133,000 | 16,417,000 | 15,019,000 | 14,407,000 | 18,539,000 | 19,038,000 | 17,066,000 | 19,150,000 | 17,747 | 17,261,000 | 19,249,000 | 20,106,000 | 20,076,000 | 19,740,000 | 16,612,000 | 18,987,000 | 21,301,000 | 24,126,000 | 24,110,000 | 24,720,000 | 22,473,000 | |
total current liabilities | 253,506,000 | 205,486,000 | 158,385,000 | 129,240,000 | 129,054,000 | 141,485,000 | 116,854,000 | 138,343,000 | 135,682,000 | 175,908,000 | 184,656,000 | 173,776,000 | 162,694,000 | 197,076,000 | 146,943,000 | 139,980,000 | 103,682,000 | 61,565,000 | 80,995,000 | 60,618,000 | 114,020,000 | 114,215,000 | 107,177,000 | 100,686,000 | 57,970,000 | 63,060,000 | 169,008,000 | 170,957,000 | 169,293,000 | 159,680,000 | 162,549,000 | 151,882,000 | 166,454,000 | 160,317,000 | 184,635,000 | 223,674,000 | 176,107,000 | 172,450,000 | 119,999,000 | 116,039,000 | 110,933,000 | 107,031,000 | 103,648,000 | 90,234,000 | 79,045,000 | 79,243,000 | 90,204,000 | 87,288,000 | 179,057,000 | 142,635,000 | 730,076,000 | 770,140,000 | 762,873,000 | 190,272,000 | 80,022,000 | 100,166,000 | 96,205,000 | 67,435,000 | 94,456,000 | 89,016 | 52,906,000 | 96,992,000 | 216,504,000 | 138,039,000 | 98,354,000 | 54,305,000 | 63,142,000 | 46,148,000 | 53,615,000 | 50,161,000 | 59,716,000 | 63,226,000 | |
long-term debt | 432,161,000 | 451,953,000 | 485,081,000 | 468,799,000 | 471,992,000 | 476,822,000 | 359,759,000 | 358,525,000 | 364,123,000 | 325,700,000 | 307,130,000 | 306,786,000 | 182,243,000 | 132,115,000 | 262,175,000 | 257,451,000 | 246,756,000 | 732,727,000 | 701,169,000 | 690,255,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease liabilities | 54,315,000 | 54,549,000 | 56,166,000 | 51,406,000 | 34,210,000 | 26,256,000 | 28,554,000 | 28,752,000 | 28,497,000 | 29,244,000 | 29,524,000 | 27,720,000 | 28,788,000 | 27,635,000 | 25,796,000 | 27,134,000 | 28,538,000 | 29,237,000 | 29,756,000 | 25,492,000 | 13,408,000 | 13,763,000 | 14,037,000 | 14,334,000 | 15,158,000 | 13,185,000 | 13,571,000 | ||||||||||||||||||||||||||||||||||||||||||||||
other non-current liabilities | 457,015,000 | 451,618,000 | 425,066,000 | 425,518,000 | 423,458,000 | 418,620,000 | 18,301,000 | 17,651,000 | 10,107,000 | 11,265,000 | 3,916,000 | 3,871,000 | 3,881,000 | 3,995,000 | 4,393,000 | 7,877,000 | 7,045,000 | 7,887,000 | 10,303,000 | 4,127,000 | 3,353,000 | 3,448,000 | 3,029,000 | 2,711,000 | 2,754,000 | 3,071,000 | 2,731,000 | 2,901,000 | 3,261,000 | 3,366,000 | 3,925,000 | 4,088,000 | 5,586,000 | 5,973,000 | 6,318,000 | 5,830,000 | 6,191,000 | 5,890,000 | 5,477,000 | 11,931,000 | 11,547,000 | 10,907,000 | 10,996,000 | 11,767,000 | 11,233,000 | 12,205,000 | 13,987,000 | 14,824,000 | 14,745,000 | 15,411,000 | 14,756,000 | 16,799,000 | 17,357,000 | 16,039,000 | 18,340,000 | 16,904,000 | 17,626,000 | 16,548,000 | 22,970,000 | 29,479 | 27,787,000 | 48,230,000 | 59,419,000 | 16,840,000 | 54,583,000 | 33,920,000 | 34,980,000 | 4,715,000 | 1,821,000 | 4,139,000 | 3,843,000 | 3,369,000 | |
total non-current liabilities | 1,781,145,000 | 1,765,050,000 | 1,639,140,000 | 1,419,029,000 | 1,255,753,000 | 1,209,869,000 | 406,614,000 | 404,928,000 | 404,270,000 | 369,422,000 | 342,590,000 | 343,297,000 | 372,007,000 | 321,548,000 | 464,015,000 | 474,838,000 | 397,512,000 | 387,110,000 | 417,995,000 | 403,021,000 | 363,567,000 | 350,813,000 | 356,781,000 | 352,378,000 | 386,052,000 | 495,187,000 | 434,693,000 | 473,220,000 | 490,240,000 | 526,857,000 | 503,172,000 | 535,211,000 | 576,304,000 | 677,724,000 | 726,131,000 | 794,821,000 | 802,418,000 | 798,345,000 | 774,062,000 | 784,577,000 | 839,420,000 | 888,759,000 | 900,586,000 | 946,254,000 | 1,219,202,000 | 1,110,261,000 | 1,244,288,000 | 1,444,524,000 | 1,245,211,000 | 980,537,000 | 223,372,000 | 150,858,000 | 157,163,000 | 705,108,000 | 810,854,000 | 755,529,000 | 769,686,000 | 758,139,000 | 756,934,000 | 731,811 | 719,675,000 | 514,439,000 | 143,763,000 | 288,533,000 | 341,005,000 | 285,493,000 | 186,616,000 | 7,504,000 | 4,287,000 | 6,379,000 | 6,339,000 | 30,203,000 | |
total liabilities | 2,034,651,000 | 1,970,536,000 | 1,797,525,000 | 1,548,269,000 | 1,384,807,000 | 1,351,354,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a perpetual preferred stock of 0.0001 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voting common stock of 0.0001 par value... | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 189,000 | 189,000 | 188,000 | 188,000 | 188,000 | 181,000 | 181,000 | 181,000 | 180,000 | 180,000 | 180,000 | 180,000 | 179,000 | 179,000 | 179,000 | 167,000 | 167,000 | 167,000 | 167,000 | 146,000 | 145,000 | 145,000 | 145,000 | 145,000 | 127,000 | 126,000 | 126,000 | 126,000 | 105,000 | 103,000 | 98,000 | 97,000 | 95,000 | 95,000 | 91,000 | 90,000 | 90,000 | 89,000 | 87,000 | 86,000 | 86,000 | 76,000 | 64,000 | 45,000 | 41,000 | 35,000 | 30,000 | 30,000 | 30,000 | 29,000 | 29,000 | ||||||||||||||||
additional paid-in capital | 2,491,695,000 | 2,489,227,000 | 2,485,952,000 | 2,484,106,000 | 2,479,201,000 | 2,473,564,000 | 2,466,279,000 | 2,461,320,000 | 2,447,581,000 | 2,438,703,000 | 2,424,073,000 | 2,352,414,000 | 2,345,604,000 | 2,345,612,000 | 2,155,117,000 | 2,153,195,000 | 2,151,652,000 | 2,146,710,000 | 2,144,012,000 | 2,143,319,000 | 2,142,290,000 | 2,096,566,000 | 2,094,983,000 | 2,093,877,000 | 2,092,410,000 | 1,970,047,000 | 1,941,236,000 | 1,940,113,000 | 1,938,293,000 | 1,937,364,000 | 1,874,384,000 | 1,873,147,000 | 1,871,413,000 | 1,869,339,000 | 1,752,786,000 | 1,698,724,000 | 1,663,882,000 | 1,649,315,000 | 1,625,926,000 | 1,624,875,000 | 1,598,812,000 | 1,591,443,000 | 1,590,094,000 | 1,574,297,000 | 1,516,141,000 | 1,503,619,000 | 1,499,290,000 | 1,438,267,000 | 1,135,582,000 | 976,386,000 | 889,912,000 | 864,882,000 | 834,434,000 | 831,996,000 | 816,621,000 | 773,495,000 | 772,039,000 | 739,001,000 | 736,455,000 | 732,668 | 727,146,000 | 671,421,000 | 663,624,000 | 466,993,000 | 424,443,000 | 421,063,000 | 417,619,000 | 387,004,000 | 300,625,000 | 265,050,000 | 238,919,000 | 87,733,000 | |
accumulated other comprehensive income | 5,325,000 | 3,286,000 | 4,039,000 | 3,030,000 | 10,607,000 | 13,452,000 | 5,552,000 | 9,327,000 | 7,463,000 | 5,070,000 | 9,009,000 | 6,506,000 | 7,813,000 | 9,242,000 | 15,212,000 | 6,526,000 | 1,211,000 | 1,890,000 | 325,000 | 298,000 | 395,000 | 486,000 | 1,854,000 | -2,898,000 | 493,000 | -364,000 | 1,467,000 | 1,955,000 | 1,546,000 | 2,815,000 | |||||||||||||||||||||||||||||||||||||||||||
retained deficit | -2,154,217,000 | -2,136,797,000 | -2,125,179,000 | -2,126,269,000 | -2,145,477,000 | -2,128,146,000 | -2,077,927,000 | -2,087,861,000 | -2,078,178,000 | -2,064,982,000 | -2,049,904,000 | -2,043,735,000 | -2,043,744,000 | -2,040,264,000 | -2,034,929,000 | -1,830,568,000 | -1,803,811,000 | -1,783,349,000 | -1,759,391,000 | -1,728,506,000 | -1,707,057,000 | -1,670,724,000 | -1,648,990,000 | -1,624,044,000 | -1,599,308,000 | -1,559,401,000 | -1,521,654,000 | -1,542,765,000 | -1,548,954,000 | -1,574,725,000 | -1,478,272,000 | -1,487,291,000 | -1,480,279,000 | -1,571,302,000 | -1,548,717,000 | -1,601,123,000 | -1,502,389,000 | -1,482,228,000 | -1,365,007,000 | -1,362,430,000 | -1,376,529,000 | -1,349,582,000 | -1,322,766,000 | -1,346,864,000 | -1,551,631,000 | -1,421,904,000 | -1,513,921,000 | -1,643,311,000 | -1,209,579,000 | -724,242,000 | -519,272,000 | -393,000,000 | -348,970,000 | -307,782,000 | -280,250,000 | -222,013,000 | -221,334,000 | -207,266,000 | -200,800,000 | -182,717 | -158,224,000 | -61,818,000 | |||||||||||
total stockholders’ equity | 342,816,000 | 355,729,000 | 364,825,000 | 360,880,000 | 344,344,000 | 358,883,000 | 394,093,000 | 382,975,000 | 377,054,000 | 378,979,000 | 383,366,000 | 315,366,000 | 309,854,000 | 314,771,000 | 135,580,000 | 329,333,000 | 349,232,000 | 365,431,000 | 385,125,000 | 412,132,000 | 435,710,000 | 423,065,000 | 446,555,000 | 470,486,000 | 495,123,000 | 407,343,000 | 416,142,000 | 392,886,000 | 385,375,000 | 358,945,000 | 392,100,000 | 381,343,000 | 383,991,000 | 291,224,000 | 197,042,000 | 91,474,000 | 155,405,000 | 161,819,000 | 254,702,000 | 256,144,000 | 216,903,000 | 237,131,000 | 263,075,000 | 223,794,000 | 78,916,000 | -74,276,000 | 266,602,000 | 421,256,000 | 469,604,000 | 484,073,000 | 521,704,000 | 533,769,000 | 551,104,000 | 550,461,000 | 531,744,000 | 535,418,000 | 548,739 | 567,667,000 | 606,502,000 | 602,619,000 | |||||||||||||
total liabilities and stockholders’ equity | 2,377,467,000 | 2,326,265,000 | 2,162,350,000 | 1,909,149,000 | 1,729,151,000 | 1,710,237,000 | 917,561,000 | 926,246,000 | 917,006,000 | 924,309,000 | 910,612,000 | 832,439,000 | 844,555,000 | 833,395,000 | 746,538,000 | 944,151,000 | 850,426,000 | 814,106,000 | 884,115,000 | 875,771,000 | 913,297,000 | 888,093,000 | 910,513,000 | 923,550,000 | 939,145,000 | 965,590,000 | 1,019,843,000 | 1,037,063,000 | 1,044,908,000 | 1,045,482,000 | 1,057,821,000 | 1,068,436,000 | 1,126,749,000 | 1,129,265,000 | 1,107,808,000 | 1,109,969,000 | 1,133,930,000 | 1,132,614,000 | 1,148,763,000 | 1,156,760,000 | 1,167,256,000 | 1,232,921,000 | 1,267,309,000 | 1,260,282,000 | 1,258,669,000 | 1,268,420,000 | 1,349,992,000 | 1,389,774,000 | 1,374,704,000 | 1,390,602,000 | 1,404,109,000 | 1,417,084,000 | 1,424,645,000 | 1,406,799,000 | 1,416,352,000 | 1,357,318,000 | 1,386,808,000 | 1,369,566 | 1,340,248,000 | 1,217,933,000 | 962,886,000 | ||||||||||||
intangible and other assets, net of accumulated amortization of 12,511 and 7,625, respectively | 144,545,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 11,353 and 7,625, respectively | 143,292,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 10,094 and 7,625, respectively | 143,110,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 8,838 and 7,625, respectively | 138,539,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,625 and 12,385, respectively | 136,058,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 14,742 and 12,385, respectively | 138,681,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued satellite construction costs | 1,015,000 | 19,866,000 | 18,796,000 | 58,187,000 | 65,744,000 | 54,228,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 13,634 and 12,385, respectively | 127,259,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock of 0.0001 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid satellite costs and customer receivable | 12,482,000 | 12,443,000 | 13,600,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 12,798 and 12,385, respectively | 109,459,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 12,385 and 10,908, respectively | 111,047,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | 2,027,000 | 3,631,000 | 3,022,000 | 10,750,000 | 3,843,000 | 1,867,000 | 2,548,000 | 7,987,000 | 6,247,000 | 9,829,000 | 7,573,000 | 5,370,000 | 2,917,000 | 4,842,000 | 4,714,000 | 4,135,000 | 8,015,000 | 5,019,000 | 7,083,000 | 6,206,000 | 6,995,000 | 9,525,000 | 6,988,000 | 5,625,000 | 6,048,000 | 6,282,000 | 7,624,000 | 6,208,000 | 7,499,000 | 6,570,000 | 6,039,000 | 6,135,000 | 8,693,000 | 9,653,000 | 5,468,000 | 32,442,000 | 32,113,000 | 20,481,000 | 26,434,000 | 20,300 | 8,420,000 | 50,272,000 | 56,525,000 | 57,602,000 | 35,952,000 | 12,900,000 | 19,378,000 | 3,027,000 | 4,226,000 | 5,035,000 | 11,468,000 | 13,822,000 | |||||||||||||||||||||
vendor financing | 59,822,000 | 63,765,000 | 73,575,000 | 32,700,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses | 26,958,000 | 24,837,000 | 29,718,000 | 70,929,000 | 58,446,000 | 28,048,000 | 23,574,000 | 25,537,000 | 28,947,000 | 31,849,000 | 25,804,000 | 27,145,000 | 25,916,000 | 28,082,000 | 23,624,000 | 26,270,000 | 24,874,000 | 36,839,000 | 29,688,000 | 34,593,000 | 23,085,000 | 28,999,000 | 22,890,000 | 27,891,000 | 20,754,000 | 27,889,000 | 20,664,000 | 27,519,000 | 23,162,000 | 28,066,000 | 26,955,000 | 26,844,000 | 22,439,000 | 29,118,000 | 22,278,000 | 26,705,000 | 22,342,000 | 25,866,000 | 21,989,000 | 26,073,000 | 32,828,000 | 27,106,000 | 38,248,000 | 29,513,000 | 37,297,000 | 34,020,000 | 32,264,000 | 28,163,000 | 29,555,000 | 48,162,000 | 50,279 | 26,529,000 | 24,229,000 | 64,353,000 | 35,210,000 | 39,543,000 | 23,524,000 | 23,491,000 | 15,879,000 | 21,913,000 | 17,578,000 | 17,224,000 | 17,426,000 | ||||||||||
intangible and other assets, net of accumulated amortization of 12,060 and 10,908, respectively | 106,190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred convertible stock of 0.0001 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid satellite construction costs and customer receivable | 24,188,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 11,660 and 10,908, respectively | 49,190,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid satellite construction costs and related customer receivable | 135,229,000 | 122,496,000 | 83,178,000 | 94,164,000 | 27,526,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 11,194 and 10,908, respectively | 38,601,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 10,908 and 11,189, respectively | 38,425,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingent liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred stock of 0.0001 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 10,633 and 11,189, respectively | 36,293,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nonvoting common stock of 0.0001 par value... | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 13,000 | 21,000 | 21,000 | 26,000 | 14,000 | 14,000 | 2,000 | 2,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 11,836 and 11,189, respectively | 42,287,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 11,570 and 11,189, respectively | 40,368,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash | 47,303,000 | 3,625,000 | 3,625,000 | 3,625,000 | 622,000 | 61,224,000 | 60,898,000 | 60,574,000 | 60,278,000 | 52,934,000 | 52,692,000 | 63,893,000 | 63,635,000 | 37,984,000 | 37,915,000 | 37,915,000 | 37,983,000 | 37,959,000 | 37,918,000 | 37,918,000 | 37,918,000 | 37,918,000 | 37,918,000 | 37,918,000 | 37,918,000 | 37,918,000 | 37,918,000 | 37,918,000 | 37,940,000 | 38,152,000 | 38,152,000 | 50,426,000 | 700,000 | 2,500,000 | 2,064,000 | 2,064,000 | 38,412 | 38,409,000 | 42,538,000 | 23,265,000 | 15,667,000 | 104,722,000 | 135,614,000 | 135,718,000 | 58,281,000 | 54,817,000 | 53,879,000 | 52,581,000 | |||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 11,189 and 9,998, respectively | 41,036,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current portion | 237,932,000 | 286,881,000 | 313,423,000 | 335,626,000 | 326,586,000 | 330,069,000 | 324,233,000 | 356,040,000 | 464,176,000 | 402,468,000 | 392,706,000 | 374,039,000 | 367,202,000 | 407,615,000 | 400,727,000 | 441,309,000 | 434,651,000 | 466,669,000 | 459,966,000 | 507,504,000 | 500,524,000 | 547,311,000 | 540,350,000 | 555,015,000 | 606,192,000 | 618,837,000 | 609,433,000 | 626,653,000 | 623,640,000 | 623,770,000 | 624,816,000 | 660,212,000 | 675,690,000 | 127,112,000 | 97,741,000 | 90,204,000 | |||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 10,853 and 9,998, respectively | 42,821,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recoupment of advance payments | 12,500,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 10,575 and 9,998, respectively | 44,058,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit obligations | 3,507,000 | 3,585,000 | 3,650,000 | 3,755,000 | 3,985,000 | 4,145,000 | 4,128,000 | 4,619,000 | 4,580,000 | 4,541,000 | 4,489,000 | 4,450,000 | 4,458,000 | 4,452,000 | 4,389,000 | 4,709,000 | 4,944,000 | 4,917,000 | 4,883,000 | 4,911,000 | 4,894,000 | 4,856,000 | 4,810,000 | 5,537,000 | 5,440,000 | 5,478,000 | 5,499,000 | 3,146,000 | 3,336,000 | 3,448,000 | 7,117,000 | 7,216,000 | 7,226,000 | 7,152,000 | 7,375,000 | 7,409,000 | 4,240,000 | 4,654,000 | 4,727,000 | 4,727,000 | 4,479 | 4,483,000 | 3,094,000 | ||||||||||||||||||||||||||||||
derivative liabilities | 2,944,000 | 1,867,000 | 123,000 | 1,170,000 | 2,395,000 | 3,555,000 | 129,000 | 288,000 | 542,000 | 757,000 | 617,000 | 939,000 | 5,000 | 1,326,000 | 1,911,000 | 36,860,000 | 277,946,000 | 281,171,000 | 189,500,000 | 200,482,000 | 240,982,000 | 239,642,000 | 238,087,000 | 292,293,000 | 548,526,000 | 92,845,000 | 41,539,000 | 40,660,000 | 24,665,000 | 34,720,000 | 18,689,000 | 45,279,000 | 28,794,000 | 53,024,000 | 53,995,000 | 60,819,000 | 72,352 | 66,618,000 | |||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | -2,860,000 | -2,944,000 | -3,449,000 | -3,585,000 | -4,607,000 | -4,109,000 | -3,839,000 | -4,139,000 | -4,639,000 | -7,269,000 | -6,939,000 | -7,145,000 | -6,243,000 | -6,199,000 | -5,378,000 | -6,325,000 | -6,409,000 | -5,484,000 | -4,833,000 | -4,356,000 | -3,741,000 | -4,188,000 | -1,855,000 | -2,408,000 | -2,327,000 | -1,432,000 | -2,551,000 | -2,641,000 | -409,000 | -275,000 | -22,000 | -268,000 | -1,243 | -1,286,000 | -3,116,000 | 1,327,000 | |||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 10,249 and 9,998, respectively | 39,800,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 9,998 and 9,009, respectively | 38,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
lease liabilities | 13,726,000 | 14,747,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 9,712 and 9,009, respectively | 37,267,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 9,427 and 9,009, respectively | 37,943,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 9,139 and 9,009, respectively | 36,544,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 9,009 and 7,930, respectively | 35,645,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 8,706 and 7,930, respectively | 36,744,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 8,466 and 7,930, respectively | 35,361,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 8,180 and 7,930, respectively | 32,916,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,930 and 7,314, respectively | 40,286,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued contract termination charge | 21,609,000 | 21,002,000 | 20,714,000 | 20,026,000 | 18,727,000 | 18,451,000 | 19,654,000 | 19,468,000 | 19,908,000 | 18,546,000 | 19,712,000 | 19,452,000 | 19,023,000 | 21,308,000 | 22,238,000 | 23,919,000 | 24,106,000 | 23,699,000 | 22,802,000 | 23,456,000 | 22,048,000 | 22,048,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,721 and 7,314, respectively | 38,097,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,540 and 7,314, respectively | 31,395,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,395 and 7,314, respectively | 24,616,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,314 and 7,021, respectively | 21,736,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt restructuring fees | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | 20,795,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,195 and 7,021, respectively | 20,788,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,137 and 7,021, respectively | 20,046,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,079 and 7,021, respectively | 18,526,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid second-generation ground costs | 2,579,000 | 4,165,000 | 4,501,000 | 8,929,000 | 13,909,000 | 14,237,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 7,021 and 6,732, respectively | 16,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 6,943 and 6,315, respectively | 15,106,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 6,873 and 6,315, respectively | 13,497,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 6,802 and 6,315, respectively | 12,338,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs | 57,906,000 | 61,164,000 | 58,056,000 | 60,989,000 | 63,862,000 | 66,816,000 | 69,871,000 | 73,313,000 | 79,861,000 | 30,344,000 | 32,138,000 | 10,528,000 | 50,789,000 | 53,642,000 | 54,411,000 | 59,251,000 | 54,823,000 | 59,870,000 | 63,772 | 68,419,000 | 65,297,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets | 12,117,000 | 8,266,000 | 9,319,000 | 7,628,000 | 7,375,000 | 7,630,000 | 11,832,000 | 7,122,000 | 7,543,000 | 14,181,000 | 14,385,000 | 17,272,000 | 16,611,000 | 23,313,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 6,631 and 6,315, respectively | 10,979,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 6,542 and 6,315, respectively | 10,767,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible and other assets, net of accumulated amortization of 6,138 and 5,669, respectively | 9,436,000 | 14,703,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 0 and 1,180, respectively | 5,010,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
stockholders’ (deficit) equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total stockholders’ (deficit) equity | -39,578,000 | -14,532,000 | -204,454,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances for inventory | 196,000 | 196,000 | 2,253,000 | 9,359,000 | 9,158,000 | 9,158,000 | 9,158,000 | 9,158,000 | 9,158,000 | 9,158,000 | 9,367,000 | 9,367,000 | 9,388,000 | 9,431,000 | 9,551 | 9,332,000 | 9,332,000 | 9,182,000 | 9,182,000 | 9,313,000 | 9,756,000 | 9,588,000 | 10,747,000 | 12,133,000 | 13,604,000 | 15,550,000 | 16,856,000 | ||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 1,180 and 7,665, respectively | 6,922,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 6,580 and 7,665, respectively | 12,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and stockholders’ (deficit) equity | 1,319,960,000 | 1,327,358,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 6,520 and 7,665, respectively | 12,374,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 6,576 and 7,665, respectively | 13,389,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
4 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 17,801 and 27,747, respectively | 26,444,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
future equity issuance of common stock to related party | 16,242,000 | 52,969,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 27,204 and 27,747, respectively | 34,845,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 25,078 and 27,747, respectively | 32,569,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs, current | 36,911,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 33,455 and 32,275, respectively | 42,755,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
commitments and contingences | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nonvoting common stock of 0.0001 par value. 135,000,000 shares authorized; 106,767,684 and 55,881,512 shares issued and outstanding at september 30, 2012 and december 31, 2011, respectively | 11,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current maturities of long-term debt | 83,755,000 | 16,711,000 | 16,711,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 23,750 and 32,275, respectively | 31,983,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, less current maturities | 655,208,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nonvoting common stock of 0.0001 par value. 135,000,000 shares authorized; 106,767,684 and 55,881,512 shares issued and outstanding at june 30, 2012 and december 31, 2011, respectively | 11,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable, including contractor payables of 21,821 and 32,275, respectively | 31,187,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nonvoting common stock of 0.0001 par value. 135,000,000 shares authorized; 92,563,139 and 55,881,512 shares issued and outstanding at march 31, 2012 and december 31, 2011 | 9,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long term debt | 678,949,000 | 664,543,000 | 625,501 | 620,787,000 | 461,474,000 | 79,562,000 | 193,107,000 | 100,000,000 | 100,000,000 | 100,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred convertible stock of 0.0001 par value. one share authorized and none issued and outstanding at march 31, 2011 and december 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voting common stock of 0.0001 par value. 865,000,000 shares authorized; 292,201,000 and 290,683,000 shares issued and outstanding at march 31, 2011 and december 31, 2010, respectively | 29,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nonvoting common stock of 0.0001 par value. 135,000,000 shares authorized and 19,276,000 shares issued and outstanding at march 31, 2011 and december 31, 2010 | 2,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long term debt | 2,259,000 | 71,438,000 | 21,763,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock of 0.0001 par value. 100,000,000 shares authorized and none issued and outstanding at december 31, 2010 and 2009: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred convertible stock of 0.0001 par value. one share authorized and none issued and outstanding at december 31, 2010 and 2009 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voting common stock of 0.0001 par value. 865,000,000 shares authorized; 290,683,000 and 274,384,000 shares issued and outstanding at december 31, 2010 and december 31, 2009, respectively | 29,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nonvoting common stock of 0.0001 par value. 135,000,000 shares authorized; 19,276,000 and 16,750,000 shares issued and outstanding at december 31, 2010 and december 31, 2009, respectively | 2,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets | 28,562 | 32,640,000 | 30,688,000 | 86,026,000 | 16,745,000 | 15,174,000 | 16,436,000 | 7,808,000 | 8,061,000 | 7,510,000 | 7,224,000 | 7,083,000 | 7,530,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
preferred stock, 0.0001 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred convertible stock, 0.0001 par value: one share authorized; none issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voting common stock, 0.0001 par value... | 29 | 29,000 | 15,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
nonvoting common stock, 0.0001 par value... | 2 | 2,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred convertible stock, 0.0001 par value: one share authorized and none issued and outstanding | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
intangible assets and goodwill | 10,303,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total assets acquired | 15,307,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and other accrued liabilities | 2,311,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities assumed | 2,311,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net assets acquired | 12,996,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
globalstar system: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
space component | 132,982,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ground component | 31,059,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
construction in progress: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
second-generation satellites, ground and related launch costs | 873,924,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 1,357,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
furniture and office equipment | 21,102,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
land and buildings | 4,216,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
leasehold improvements | 831,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated depreciation | -83,458,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings under revolving credit facility | 73,800,000 | 35,000,000 | 50,000,000 | 23,302,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
employee benefit obligations, net of current portion | 4,735,000 | 4,782,000 | 4,786,000 | 1,422,000 | 1,573,000 | 1,636,000 | 2,123,000 | 1,762,000 | 1,935,000 | 2,079,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred convertible stock, 0.0001 par value: 1 share authorized, issued and outstanding at september 30, 2009; none authorized, issued or outstanding at december 31, 2008 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
series a preferred convertible stock, 0.0001 par value: 1 share authorized, 1 share issued and outstanding at june 30, 2009; none authorized, issued and outstanding at december 31, 2008 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, 0.0001 par value... | 14,000 | 13,000 | 12,000 | 11,000 | 9,000 | 8,000 | 7,000 | 7,000 | 7,000 | 4,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ownership equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total ownership equity | 418,259,000 | 380,218,000 | 403,428,000 | 406,921,000 | 260,697,000 | 112,074,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 844,831,000 | 819,577,000 | 743,226,000 | 656,679,000 | 457,894,000 | 373,624,000 | 346,691,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred tax assets | 604,000 | 1,238,000 | 1,230,000 | 2,330,000 | 2,445,000 | 1,487,000 | 1,495,000 | 1,749,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
spare satellites and related launch costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
second-generation satellites, launch costs and ground segment | 435,218,000 | 311,003,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
globalstar system | 122,753,000 | 129,044,000 | 102,428,000 | 41,345,000 | 11,834,000 | 13,711,000 | 15,576,000 | 17,433,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other property and equipment | 12,812,000 | 11,764,000 | 11,942,000 | 8,642,000 | 7,943,000 | 7,115,000 | 7,005,000 | 6,903,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment: - sum | 570,783,000 | 451,811,000 | 258,498,000 | 212,493,000 | 168,905,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long term convertible senior notes | 150,000,000 | 150,000,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
spare satellites and launch costs | 32,118,000 | 88,234,000 | 111,139,000 | 91,949,000 | 87,813,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
second-generation satellites | 242,332,000 | 120,277,000 | 81,577,000 | 56,130,000 | 26,328,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, current portion | 263,000 | 245,000 | 397,000 | 285,000 | 462,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
notes payable, net of current portion | 167,000 | 237,000 | 305,000 | 417,000 | 438,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long term tax payable | 499,000 | 467,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable common stock; 259,845 and 347,451 shares issued and outstanding at september 30, 2007 and december 31, 2006, respectively | 3,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 10,715,000 | 10,063,000 | 22,750,000 | 22,937,000 | 24,353,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 400,542,000 | 312,022,000 | 286,451,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable common stock; 259,845 and 347,451 shares issued and outstanding at june 30, 2007 and december 31, 2006, respectively | 3,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable common stock; 259,845 and 347,451 shares issued and outstanding at march 31, 2007 and december 31, 2006, respectively | 3,700,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subscription receivable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gateway receivables, net of allowance of 10,784 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and ownership equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable common stock; 347,451 shares issued and outstanding at december 31, 2006 | 4,949,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
member interests | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and ownership equity | 331,701,000 | 210,701,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenue: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
service revenue | 81,472,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
subscriber equipment sales | 45,675,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenue | 127,147,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of services | 25,432,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of subscriber equipment sales | 38,742,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
marketing, general, and administrative | 37,945,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restructuring | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 3,044,000 | 4,424,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets | 114,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 105,277,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | 21,870,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 242,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest rate derivative loss | 2,919,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total other income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | 21,221,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax benefit | 2,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 18,719,000 | 24,353,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
basic | 300 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
diluted | 300 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average shares outstanding: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma c corporation data: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
historical income before income taxes | 21,221,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma income tax expense | 6,931,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma net income | 14,290,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
pro forma earnings per common share: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
spare and second generation satellites and launch costs | 66,618,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gateway receivables, net of allowance of 4,944 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redeemable series a common stock; 91,986 shares issued and outstanding at september 30, 2006 | 5,198,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, series a, 0.0001 par value... | 2,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock, series b, 0.0001 par value... | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of fixed assets | 1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
benefit from bad debts | 898,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of services | 108,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash gains | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of acquisitions: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
receivables from affiliates | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and employee benefit obligations | 3,814,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from operating activities | 12,828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from investing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
spare and second-generation satellites and launch costs | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
property and equipment additions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for business acquisitions | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows from financing activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit facility | 23,302,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of principal on notes payable | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from subscription receivable | 13,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred transaction cost payments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
redemption of minority interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of common stock | 15,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | 44,925,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase in cash and cash equivalents | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 20,270,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 17,710,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of cash flows information: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash paid: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest | 1,023,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 105,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash activities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued launch costs | 7,443,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of interest for spare and second-generation satellites and launch costs | 920,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution payable to member | 686,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of series a redeemable common stock in conjunction with acquisition | 5,198,000 |
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 | 2021-09-30 | 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 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 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 loss | -17,420,000 | -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 | -30,885,000 | -21,449,000 | -36,333,000 | 52,406,000 | -98,734,000 | -20,161,000 | -26,947,000 | -129,727,000 | 92,017,000 | 129,390,000 | -433,732,000 | -250,541,000 | -234,796,000 | -204,970,000 | -126,272,000 | -25,078,000 | -18,952,000 | -41,188,000 | -27,533,000 | -24,525,000 | -33,709,000 | -681,000 | -14,068,000 | -6,466,000 | -97,387,616 | 54,811,616 | -19,249,000 | -35,642,000 | -5,519,000 | -13,762,000 | -21,758,000 | -26,103,000 | ||||||||||||||||||||||||||||||
adjustments to reconcile net loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation, amortization and accretion | 18,397,000 | 20,421,000 | 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 | 2,705,000 | 5,601,000 | 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 | 277,000 | 1,057,000 | 557,000 | 236,000 | 208,000 | 191,000 | 188,000 | 206,000 | 87,000 | 354,000 | 903,000 | 651,000 | 877,957 | 810,043 | 971,000 | -1,781,000 | 1,905,000 | 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 | 23,007,000 | 19,232,000 | 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 | 22,147,000 | 10,258,000 | 9,348,000 | 2,735,000 | ||||||||||||||||||||||||
unrealized foreign currency loss | 1,656,000 | -176,000 | 575,000 | -12,052,000 | -4,144,000 | 13,222,000 | -4,920,000 | 4,506,000 | 3,855,000 | -5,103,000 | 4,139,000 | -2,050,000 | -1,958,000 | -6,784,000 | 9,260,000 | 7,223,000 | -3,084,000 | 1,755,000 | 4,884,000 | -4,515,000 | 4,270,000 | -6,488,000 | 231,000 | -1,323,000 | 8,942,000 | -1,405,000 | 2,188,000 | -887,000 | -88,000 | 578,000 | -1,400,000 | 397,000 | 191,000 | 1,796,000 | -225,000 | -213,000 | 761,000 | -4,030,000 | -1,042,000 | -475,000 | -701,000 | |||||||||||||||||||||||||||||||||||
reduction in the value and disposal of long-lived assets and inventory | 64,000 | 75,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other | 4,057,000 | -8,067,000 | -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 | 765,000 | 198,000 | 124,000 | 283,000 | 163,309 | 7,000 | |||||||||||||||||||||
changes in operating assets and liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts receivable | 414,000 | 5,755,000 | -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 | -320,000 | -2,150,000 | -835,000 | -1,016,000 | -956,000 | -2,121,000 | -184,000 | 386,000 | 977,000 | 965,000 | -711,000 | -2,209,000 | -5,198,040 | 1,486,040 | -1,890,000 | 401,000 | 2,003,000 | -2,581,000 | -1,311,000 | 3,294,000 | 2,231,000 | 921,000 | 1,980,000 | ||||
inventory, prepaid expenses and other assets | 943,000 | 3,304,000 | -2,696,000 | -1,388,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 1,408,000 | -5,510,000 | 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 | -7,212,000 | 4,723,000 | -4,128,000 | 4,022,000 | 3,071,000 | 1,293,000 | |||||||||||||||||||||||
other non-current liabilities | 336,000 | 5,091,000 | -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 | -83,000 | -159,000 | -507,000 | -330,000 | 869,000 | -553,000 | -1,419,000 | 879,000 | 2,373,000 | -3,404,000 | 985,000 | -127,000 | 1,427,250 | -816,250 | -86,000 | 903,000 | -938,000 | -632,000 | |||||||||
deferred revenue | -340,000 | 141,379,000 | 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 | -533,000 | 1,980,000 | 574,000 | -104,000 | -1,464,000 | 880,000 | 1,762,000 | -396,000 | -1,079,000 | -160,000 | 2,168,000 | -2,070,000 | 530,904 | -758,904 | 1,241,000 | -481,000 | 270,000 | -1,143,000 | -133,000 | 2,591,000 | 2,482,000 | ||||||
net cash from operating activities | 35,227,000 | 175,888,000 | 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 | -8,796,000 | 4,160,000 | -1,293,000 | -533,000 | -4,004,000 | 9,070,000 | 4,391,000 | -2,583,000 | 5,347,000 | -5,365,000 | -1,892,000 | -3,593,000 | -23,330,312 | 6,224,312 | 13,994,000 | -20,226,000 | 9,045,000 | -40,536,000 | 1,743,000 | ||||||||
capital expenditures | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ||||||||
free cash flows | 35,227,000 | 175,888,000 | 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 | -8,796,000 | 4,160,000 | -1,293,000 | -533,000 | -4,004,000 | 9,070,000 | 4,391,000 | -2,583,000 | 5,347,000 | -5,365,000 | -1,892,000 | -3,593,000 | -23,330,312 | 6,224,312 | 13,994,000 | -20,226,000 | 9,045,000 | -40,536,000 | 1,743,000 | ||||||||
cash flows from investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for network upgrades to support the phase 1 and phase 2 service period | -4,487,000 | -2,798,000 | -52,422,000 | -2,526,000 | -39,315,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for network upgrades to support the extended mss network | -108,757,000 | -58,897,000 | -159,697,000 | -74,247,000 | -149,448,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for network upgrades to support product development | -1,518,000 | -1,269,000 | -1,442,000 | -1,636,000 | -1,162,000 | -1,175,000 | -871,000 | -2,876,000 | -1,901,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of intangible assets | -1,663,000 | -1,534,000 | -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 | -116,425,000 | -64,498,000 | -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 | -6,504,000 | -10,650,000 | -10,782,000 | -9,183,000 | -10,223,000 | -13,130,000 | -11,347,000 | -23,310,000 | -14,886,000 | -19,305,000 | -31,874,000 | -33,354,000 | -205,229,098 | 130,615,098 | -53,978,000 | -76,799,000 | -71,579,000 | ||||||||||
cash flows from financing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payments of 2021 funding agreement | -6,250,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
dividends paid on series a preferred stock | -2,615,000 | -2,673,000 | -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 | 829,000 | 116,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net cash from financing activities | -8,036,000 | -10,096,000 | 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 | 25,930,000 | 6,593,000 | 16,938,000 | -489,000 | 24,528,000 | 0 | 4,600,000 | 23,258,000 | 13,878,000 | 7,306,000 | 49,359,000 | 12,095,000 | 194,510,696 | -155,249,696 | 29,334,000 | 126,075,000 | -300,000 | 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 | 211,000 | -116,000 | 203,000 | 762,000 | 371,000 | -825,000 | 124,000 | -545,000 | -137,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net decrease in cash and cash equivalents | -89,023,000 | 406,000 | 4,937,000 | -10,492,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents, beginning of period | 447,471,000 | 0 | 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 | 0 | 11,792,000 | 0 | 0 | 0 | 9,951,000 | 0 | 0 | 0 | 33,017,000 | 67,813,119 | -67,813,119 | 0 | 67,881,000 | 0 | 0 | 0 | 12,357,000 | 0 | 0 | 37,554,000 | 0 | 0 | 43,698,000 | 0 | ||||||||||||||||||||||||||||
cash and cash equivalents, end of period | 358,448,000 | 101,178,000 | 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 | 10,765,000 | 406,000 | 4,937,000 | 1,300,000 | 10,573,000 | -3,601,000 | -2,915,000 | 7,735,000 | 3,871,000 | -18,008,000 | 15,834,000 | 8,254,000 | 32,959,548 | -87,130,548 | -9,668,000 | 96,856,000 | -63,818,000 | 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 | ||||||||||||||||||||||||||||
noncash portion of loss on extinguishment of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity issuance | 831,000 | 2,920,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncash expenses associated with ssa, net of amortization | 2,178,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | -1,129,000 | 760,000 | 1,384,000 | 2,109,000 | -778,000 | -557,000 | -439,000 | 756,000 | 1,012,000 | 2,276,000 | 85,000 | 879,000 | -1,401,836 | -2,731,164 | 1,376,000 | 1,355,000 | 2,858,000 | -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 | 626,000 | -4,000 | -1,260,000 | -89,000 | -604,000 | 568,000 | -15,000 | 906,000 | 1,749,000 | -1,554,000 | -317,000 | 476,000 | 525,768 | -34,768 | 609,000 | -574,000 | 402,000 | -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 | -963,000 | 318,000 | 5,544,000 | -4,988,000 | -826,000 | 6,107,000 | -500,000 | 646,000 | -654,000 | 165,000 | -1,024,000 | 28,000 | -4,217,921 | 714,921 | 15,161,000 | -15,875,000 | 3,685,000 | -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 | -102,000 | -13,000 | 57,000 | 29,000 | -1,000 | 61,000 | -238,000 | 30,000 | 168,000 | 30,000 | -154,000 | -376,000 | 162,858 | -154,858 | 83,000 | 72,000 | -482,000 | -3,102,000 | 603,000 | 14,000 | -2,161,000 | |||||||||||
payments of capitalized interest | -1,389,000 | -4,638,000 | 0 | -3,954,000 | 0 | -3,547,000 | 0 | -5,263,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from 2023 funding agreement | 0 | 0 | 0 | 0 | 37,747,000 | 29,523,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of customer class b units | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of 2024 debt repayment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal and make-whole payment of 2023 13% notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 10,573,000 | -3,601,000 | -2,915,000 | -2,216,000 | 15,834,000 | -24,763,000 | -34,853,571 | -19,317,429 | -9,668,000 | 28,975,000 | -63,818,000 | 115,662,000 | ||||||||||||||||||||||||||||||||||||||||||||||
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 | 9,968,000 | 0 | 8,425,000 | 2,064,000 | 9,519,000 | 7,375,000 | 260,000 | 2,064,000 | 9,290,000 | 7,743,000 | 17,178,239 | -8,754,239 | 2,842,000 | 5,927,000 | 3,751,000 | 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 | ||||||||||||||||||||||||||||||||||||||||||||
supplemental disclosure of non-cash financing and investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in capitalized accrued interest including in accrued expenses and deferred revenue | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
network construction assets included in accrued expenses | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | 1,090,000 | -21,734,000 | -24,946,000 | -24,736,000 | -38,223,000 | -37,747,000 | 21,111,000 | 6,189,000 | 25,771,000 | 9,019,000 | -7,012,000 | 87,930,000 | -117,221,000 | -2,577,000 | -26,816,000 | 24,098,000 | -6,635,000 | 652,000 | -12,687,000 | 444,000 | -730,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal payment of 2021 funding agreement | -8,650,000 | -8,650,000 | -8,650,000 | -8,650,000 | -8,650,000 | -8,650,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in the value and disposal of long-lived assets | 0 | 7,038,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in the value of long-lived assets and inventory | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for network upgrades to support the phase 2 service period | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of current debt repayment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income taxes | 17,000 | 19,000 | 25,000 | -4,275,000 | 4,715,000 | -34,000 | 32,000 | 34,000 | 29,000 | 88,000 | -35,000 | 35,000 | 28,000 | 7,000 | 72,000 | 128,000 | 16,000 | 15,000 | 17,000 | 110,892 | -84,892 | 61,000 | 24,000 | 216,000 | 47,000 | 14,000 | 31,000 | 837,000 | 101,000 | 56,000 | 66,000 | -32,000 | 50,000 | 2,596,000 | ||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
satellite construction assets acquired through vendor financing arrangement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
principal amount of 2019 facility agreement converted into preferred equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 2,536,000 | 2,175,000 | 2,011,000 | 2,070,000 | 5,409,000 | 825,000 | 817,000 | 856,000 | 939,000 | 936,000 | 885,000 | 913,000 | 3,352,464 | -1,646,464 | 856,000 | 793,000 | 473,000 | 1,020,000 | 2,480,000 | 83,000 | 252,000 | 258,000 | 4,000 | 111,000 | 110,000 | 111,000 | |||||||||||||
provision for 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 | -426,000 | -656,000 | -330,000 | -239,000 | -399,000 | -187,000 | -75,000 | -120,000 | -209,000 | -1,143,000 | -440,000 | -802,000 | -7,280,527 | 3,111,527 | -2,229,000 | -888,000 | -464,000 | |||||||||||||||||||||||
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 | 21,000 | 213,000 | -2,950,000 | 1,800,000 | -2,500,000 | 0 | -4,857,000 | 4,126,936 | -2,061,936 | 2,064,000 | -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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of warrants | 0 | 0 | 43,678,000 | 6,242,751 | -4,378,751 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 179,088,000 | 97,595,000 | 28,997,000 | -525,000 | -9,536,000 | 16,473,000 | -20,431,000 | 6,520,000 | 10,251,000 | -23,794,000 | -3,861,000 | -6,435,000 | 29,932,815 | ||||||||||||||||||||||||||||||||||||
provision for 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 | 962,000 | 565,000 | 312,000 | 482,000 | -257,000 | -19,000 | 261,000 | 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 | 24,478,000 | 23,715,000 | 22,067,000 | 20,332,000 | 20,524,000 | 18,654,000 | 15,888,000 | 14,735,000 | 14,537,000 | 12,106,000 | 12,795,000 | 10,611,000 | 27,398,836 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | -1,717,000 | 63,569,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | -138,000 | -141,000 | -100,000 | -250,000 | -50,000 | -150,000 | -300,000 | 0 | -1,108,890 | 1,106,890 | -931,000 | -177,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net proceeds from common stock offering | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in accrued second-generation network costs | 135,000 | 56,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment of debt amendment fee | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
unrealized foreign currency gain | 590,000 | 1,292,000 | 586,000 | -1,090,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 135,000 | 303,000 | 74,000 | -287,000 | 272,000 | 459,000 | -559,000 | 419,000 | -468,000 | -644,000 | 241,000 | 89,000 | -804,857 | -907,143 | 982,000 | -75,000 | -984,000 | -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 | 339,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | -5,000 | -15,423,000 | -783,000 | 0 | 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 | 1,602,000 | -1,557,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | -5,961,000 | -10,066,000 | -10,097,000 | -17,569,000 | -13,374,000 | -9,743,000 | -13,022,000 | -20,540,000 | -14,377,000 | -13,305,000 | -25,355,000 | -32,552,000 | -200,966,617 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from facility agreement | 0 | 2,367,000 | 0 | 0 | 5,008,000 | 0 | 2,329,000 | 4,260,000 | 12,070,000 | 188,263,945 | -150,870,945 | 24,949,000 | 126,075,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from contingent equity account | 18,500,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments to reduce principal amount of exchanged 5.75% notes | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for 5.75% notes not exchanged | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments to lenders and other fees associated with exchange | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from equity issuance to related party | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from issuance of common stock and exercise of warrants | 61,000 | 244,000 | 317,000 | 6,435,000 | 7,773,000 | 144,000 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of principal amount of 8.00% notes issued in 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock to exchanging note holders at fair value | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in carrying amount of thermo loan agreement due to amendment | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | -489,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discount on shares issued to vendor | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of debt into common stock | 26,187,000 | 14,955,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in derivative value due to conversion of debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of contingent equity account derivative liability to equity | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of warrants issued in connection with the contingent equity account loan fee | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
discount on future shares issued to vendor | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash flows (provided by) used in investing activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from contingent equity agreement | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase (reduction) in accrued second-generation satellites and ground costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock to exchanging note holders | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
restricted cash proceeds | 8,625,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of stock options | 310,000 | 25,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of 5.0% convertible notes | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from thermo loan agreement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in accrued second-generation satellites and ground costs | 9,317,000 | 8,945,000 | -317,000 | 1,060,000 | 5,568,000 | -393,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognition of a beneficial conversion feature and contingent put feature on long-term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
value of warrants issued in connection with raising capital and debt | 0 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds for equity issuance to related party | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in non-cash capitalized interest for second-generation satellites and ground costs | 781,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of the accretion of debt discount and amortization of debt issuance costs | 815,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest and other payments made in convertible notes and common stock | 567,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in debt discount and issuance costs related to note conversions | 7,998,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of principal amount of 8% notes issued in 2013 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity method investments | 105,000 | 105,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on future equity issuance | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds for future equity issuance to related party | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value adjustment due to warrant conversions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of the accretion of debt discount and amortization of prepaid finance costs | 2,665,000 | 452,000 | 3,640,000 | 2,694,000 | 6,153,000 | 5,864,000 | 5,945,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
changes in operating assets and liabilities, net of acquisitions: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from subordinated loan agreement | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized interest paid in common stock on the 5% and 8% notes | 2,720,000 | 0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments made in common stock | 599,000 | 822,000 | 652,000 | 281,000 | 3,354,000 | 966,000 | 1,799,000 | 774,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in assets and liabilities due to note conversions and warrant exercises | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of convertible notes into common stock | 0 | 0 | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provisions for bad debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contingent reimbursements | 40,000 | -297,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
noncash interest expense | 6,531,000 | 1,693,000 | 1,191,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in the value of long-lived assets and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
foreign currency and other | 257,000 | 992,000 | 594,000 | 708,000 | 98,000 | 1,663,000 | -507,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognition of a beneficial conversion feature on long-term debt | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognition of contingent reimbursement | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity method investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the contribution to the debt service reserve account | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in capitalized accrued interest for second-generation satellites and ground costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in assets and liabilities due to note conversions | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable | -5,674,000 | 7,476,000 | -1,414,000 | -960,000 | 1,671,000 | -156,596 | 359,596 | 1,322,000 | -1,680,000 | -1,468,000 | -12,906,000 | 3,709,000 | 2,081,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued expenses and employee benefit obligations | 162,000 | -6,565,000 | -376,000 | -386,000 | -737,000 | 2,950,163 | -387,163 | -325,000 | 715,000 | 7,687,000 | -13,820,000 | 14,027,000 | 454,000 | -185,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from exercise of warrants and stock options | -1,000 | 1,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing cost payments | -250,000 | -299,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in accrued second-generation satellites and launch costs | 7,492,000 | 806,000 | -4,796,000 | -15,330,000 | 24,118,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized accrued interest for second-generation satellites and launch costs | 1,275,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of long-lived assets and inventory | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from revolving credit loan | 7,750,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from the issuance of 8.00% convertible notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings under short-term loan | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for interest rate cap instrument | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of debt to series a convertible preferred stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of note receivable to equity in investee company | 3,032,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
increase in capitalized accrued interest for second-generation satellites and launch costs | 412,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reduction in assets and liabilities due to note conversion | 0 | 0 | 1,140,000 | 398,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets and equipment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
recognition of contingent reimbursements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on equity method investee | 105,000 | 105,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
(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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on conversion of convertible notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income on restricted cash | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity losses in investee | 416,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of assets | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
non-cash expenses related to debt conversion | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from sale of property and equipment | -5,000 | 0 | 146,000 | -5,000 | 5,000 | 263,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash acquired on purchase of subsidiary | 0 | 0 | 1,839,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from long term debt | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from 5.75% notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from 8.00% notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments related to interest rate swap derivative margin account | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued launch costs and second-generation satellites costs | -37,620,748 | -1,182,252 | -12,633,000 | 13,846,000 | 29,516,000 | 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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vendor financing of second-generation globalstar system | 7,875,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of accrued interest for second-generation satellites and launch costs | 5,074,499 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalized interest paid in common stock and 8% notes | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of the accretion of debt discount | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
amortization of prepaid finance costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of convertible senior notes into common stock | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments for the interest rate cap instrument | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
debt assumed to fund restricted cash | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of debt to common stock | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 5,973,000 | 5,890,000 | 5,497,000 | 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 | 8,073,000 | 24,962,000 | 20,781,000 | -5,993,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on disposal of fixed assets | 0 | -21,000 | 0 | 80,000 | 50,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
contribution of services | 42,000 | 42,000 | 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 | -67,765,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
second-generation ground | -3,736,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
capitalization of accrued interest for spare and second-generation satellites and launch costs | 8,355,000 | 5,890,000 | -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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
adjustments to reconcile loss to net cash from operating activities: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
advances for inventory | 270,000 | -1,207,000 | 431,000 | 2,146,000 | 2,503,000 | 1,958,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
spare and second-generation satellites, ground and launch costs | -75,734,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accretion of debt discount | 4,152,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrued deferred financing costs | 41,235,000 | 1,287,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for intangible assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from thermo under the irrevocable standby stock purchase agreement | 81,000,000 | 35,000,000 | 24,255,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payments on notes payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
conversion of thermo loc, term loan and accrued interest from debt to equity | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accrual of interest for spare and second-generation satellites and launch costs | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred income taxes | 387,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cost of equipment sales - impairment of assets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
purchase of other investment | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings from long-term convertible senior notes | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
payment for business acquisition | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
borrowings under revolving credit facility | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
proceeds from subscription receivable | 0 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
distribution payable to member | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
issuance of redeemable common stock in conjunction with acquisition | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net increase (decrease) in cash and cash equivalents | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
provision for gateway receivables | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other non-cash gains | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest on note payable | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 |