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Globalstar, Inc. (GSAT)

Nasdaq: GSAT · Communications Services, NEC · Covington,, LA · filing with the SEC since 2006
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Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedFeb 27, 2026Feb 28, 2025Feb 29, 2024Mar 1, 2023Feb 25, 2022Mar 4, 2021Feb 28, 2020Feb 28, 2019Feb 23, 2018Feb 23, 2017
Revenue272,986250,349223,808148,504124,297128,487131,718130,113112,66096,861
Cost of revenue········9,9449,907
Research and development6,1006,5001,4005001,0001,9003,2002,700r3,8002,100
Selling, general and administrative51,42843,43443,45833,349r34,629r41,73845,23355,44338,759r40,559r
Total costs and expenses265,556251,298223,973369,533189,800187,650195,764177,492181,106r160,114r
Operating income7,430-949-165-221,029-65,503-59,163-64,046-47,379-68,446r-63,253r
Interest income (expense), net-40,920-13,562-14,609-30,168-43,536-48,429-62,464-43,612-34,771-35,952
Other income (expense), net14,969-2,5311,730-1,843r-675r-1,480r-2,758r-229r-3,213r-853r
Total non-operating income (expense)-10,203-60,080-23,430-35,813-47,421-49,81479,91540,988-20,438r-75,936r
Income before income taxes-2,773-61,029-23,595-256,842-112,924-108,97715,869-6,391-88,884-139,189
Income tax expense5,8782,1351,12373-299662545125190-6,543
Net income-8,651-63,164-24,718-256,915-112,625-109,63915,324-6,516-89,074-132,646
Net income to common shareholders-19,256-73,798-35,323-258,252-112,625-109,639-110,683-6,516-89,074-132,646
Earnings per share, basic-0.15-0.59-0.29r-2.15r-0.90b-1.05b0.15b-0.15b-1.20b-1.80b
Earnings per share, diluted-0.15-0.59-0.29r-2.15r-0.90b-1.05b-1.05b-0.15b-1.20b-1.80b
Weighted average shares, basic126,757,000125,877,000122,334,000r120,055,000r117,675,933b109,490,600b96,717,867b84,636,533b77,772,067b70,962,867b
Weighted average shares, diluted126,757,000125,877,000122,334,000r120,055,000r117,675,933b109,490,600b110,346,067b84,636,533b77,772,067b70,962,867b
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.Share counts and per-share figures are on the newest report's basis, after the 1-for-15 reverse split.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax
us-gaap:Revenues
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsSold
Research and development spent on inventing what it sells nextus-gaap:ResearchAndDevelopmentExpense
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Total costs and expenses every operating cost, the cost of revenue includedus-gaap:CostsAndExpenses
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest income (expense), net interest earned less interest paid, outside the businessus-gaap:InterestIncomeExpenseNonoperatingNet
Other income (expense), net gains and costs outside the businessus-gaap:OtherNonoperatingIncomeExpense
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic
Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic
Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted
Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic
Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding
SI Assistanton GSAT · research, not advice