Globalstar Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	447.47	391.16	56.74	32.08	14.3
Cash & Short-Term Investments	447.47	391.16	56.74	32.08	14.3
Cash Growth	14.39%	589.35%	76.87%	124.29%	7.31%
Accounts Receivable	19.98	26.95	48.74	26.33	21.18
Inventory	9.61	10.74	14.58	9.26	13.83
Other Current Assets	19.67	18.71	22.58	13.57	19.56
Total Current Assets	496.73	447.57	142.65	81.24	68.87
Net Property, Plant & Equipment	1,372	705.47	658.17	591.23	704.2
Other Intangible Assets	144.55	136.06	109.75	38.43	41.04
Other Long-Term Assets	312.84	421.14	13.74	27.57	-
Total Assets	2,326	1,710	924.31	738.47	814.11
Accounts Payable	56.02	29.68	28.99	3.84	6.25
Accrued Expenses	55.22	15.61	58.19	58.69	28.95
Short-Term Debt	-	-	-	59.58	-
Current Portion of Long-Term Debt	31.84	34.6	34.6	-	-
Unearned Revenue	62.02	61.2	53.68	74.64	25.93
Other Current Liabilities	0.39	0.39	0.46	0.33	0.44
Total Current Liabilities	205.49	141.49	175.91	197.08	61.57
Long-Term Debt	451.95	476.82	325.7	132.12	237.93
Long-Term Leases	54.55	26.26	29.24	27.64	29.24
Other Long-Term Liabilities	1,259	706.79	14.48	66.87	119.94
Total Long-Term Liabilities	1,765	1,210	369.42	226.62	387.11
Total Liabilities	1,971	1,351	545.33	423.7	448.68
Common Stock	0.01	0.01	0.01	0.18	0.18
Additional Paid-in Capital	2,489	2,474	2,439	2,346	2,147
Accumulated Other Comprehensive Income	3.29	13.45	5.07	9.24	1.89
Retained Earnings	-2,137	-2,128	-2,065	-2,040	-1,783
Shareholders' Equity	355.73	358.88	378.98	314.77	365.43
Total Liabilities & Equity	2,326	1,710	924.31	738.47	814.11
Total Debt	538.34	537.68	389.54	219.33	267.17
Net Cash (Debt)	-90.87	-146.51	-332.8	-187.24	-252.87
Net Cash Per Share	-0.72	-1.16	-2.72	-1.56	-2.15
Book Value	355.73	358.88	378.98	314.77	365.43
Book Value Per Share	2.81	2.85	3.10	2.62	3.11
Tangible Book Value	211.18	222.83	269.23	276.35	324.4
Tangible Book Value Per Share	1.67	1.77	2.20	2.30	2.76

Updated Feb 27, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q