Globalstar Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	346.29	391.16	56.74	32.08	14.3	13.33
Cash & Short-Term Investments	346.29	391.16	56.74	32.08	14.3	13.33
Cash Growth	567.03%	589.35%	76.87%	124.29%	7.31%	75.26%
Accounts Receivable	25.97	26.95	48.74	26.33	21.18	22.15
Other Receivables	-	2.5	2.2	-	-	-
Receivables	25.97	29.45	50.94	26.33	21.18	22.15
Inventory	11.43	10.74	14.58	9.26	13.83	13.74
Prepaid Expenses	17.3	16.21	20.38	13.57	19.56	15.65
Restricted Cash	-	-	-	-	-	3.63
Total Current Assets	400.99	447.57	142.65	81.24	68.87	68.49
Property, Plant & Equipment	1,277	705.47	658.17	591.23	704.2	730.31
Long-Term Investments	-	-	-	-	-	1.59
Goodwill	-	30.6	-	-	-	-
Other Intangible Assets	143.29	85.21	60.65	30.41	31.91	27.58
Long-Term Accounts Receivable	-	3.52	5.09	16.1	-	-
Long-Term Deferred Charges	-	6.27	6.89	1.77	1.73	2.4
Other Long-Term Assets	341.37	431.61	50.86	17.72	7.41	57.72
Total Assets	2,162	1,710	924.31	738.47	814.11	888.09
Accounts Payable	37.82	5.33	2.49	4.17	6.69	3.5
Accrued Expenses	-	16.85	19.67	14.57	20.93	17.81
Short-Term Debt	-	-	-	59.58	-	-
Current Portion of Long-Term Debt	23.5	34.6	34.6	-	-	58.82
Current Portion of Leases	7.56	4.29	3	2.75	2.5	1.34
Current Unearned Revenue	61.57	61.2	53.68	74.64	25.93	25.98
Other Current Liabilities	27.93	19.21	62.47	41.37	5.52	6.76
Total Current Liabilities	158.39	141.49	175.91	197.08	61.57	114.22
Long-Term Debt	485.08	476.82	325.7	132.12	237.93	326.59
Long-Term Leases	56.24	26.33	29.24	27.64	29.24	13.74
Long-Term Unearned Revenue	672.83	288.17	3.21	62.88	112.05	3.28
Pension & Post-Retirement Benefits	-	-	-	-	3.29	3.65
Long-Term Deferred Tax Liabilities	-	0.71	0.33	0.32	0.3	0.76
Other Long-Term Liabilities	424.99	417.84	10.94	3.67	4.3	2.81
Total Liabilities	1,798	1,351	545.33	423.7	448.68	465.03
Common Stock	0.01	0.01	0.01	0.18	0.18	0.17
Additional Paid-In Capital	2,486	2,474	2,439	2,346	2,147	2,097
Retained Earnings	-2,125	-2,128	-2,065	-2,040	-1,783	-1,671
Comprehensive Income & Other	4.04	13.45	5.07	9.24	1.89	-2.94
Shareholders' Equity	364.83	358.88	378.98	314.77	365.43	423.07
Total Liabilities & Equity	2,162	1,710	924.31	738.47	814.11	888.09
Total Debt	572.38	542.04	392.55	222.07	269.67	400.49
Net Cash (Debt)	-226.09	-150.88	-335.8	-189.99	-255.37	-387.16
Net Cash Per Share	-1.79	-1.20	-2.74	-1.58	-2.17	-3.54
Filing Date Shares Outstanding	126.84	126.44	126.67	120.73	119.8	111.86
Total Common Shares Outstanding	126.82	126.42	125.41	120.74	119.77	111.64
Working Capital	242.6	306.09	-33.26	-115.83	7.31	-45.73
Book Value Per Share	2.88	2.84	3.02	2.61	3.05	3.79
Tangible Book Value	221.53	243.08	318.33	284.36	333.53	395.48
Tangible Book Value Per Share	1.75	1.92	2.54	2.36	2.78	3.54
Land	3.89	3.22	2.68	1.68	1.15	3.11
Machinery	1,200	1,285	1,350	1,357	1,519	1,510
Construction In Progress	988.26	387.1	257.12	124.55	54.52	22.63
Leasehold Improvements	2.49	2.18	2.15	2.08	2.09	1.66

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q