Globalstar Inc.
Balance Sheet
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Cash & Equivalents | $447.5M | $391.2M | $56.7M | $32.1M | $14.3M | $13.3M | $7.6M | $15.2M |
| Accounts Receivable | $20.0M | $27.0M | $48.7M | $26.3M | $21.2M | $22.1M | $21.8M | $19.3M |
| Inventory | $9.6M | $10.7M | $14.6M | $9.3M | $13.8M | $13.7M | $16.3M | $14.3M |
| Total Current Assets | $496.7M | $447.6M | $142.7M | $81.2M | $68.9M | $68.5M | $63.3M | $122.5M |
| Property, Plant & Equipment | $1.31B | $673.6M | $624.0M | $560.4M | $672.2M | $715.9M | $799.9M | $882.7M |
| Goodwill | $30.6M | $30.6M | $30.6M | — | — | — | — | — |
| Intangible Assets (Excl. Goodwill) | $92.3M | $85.2M | $60.7M | $30.4M | $31.0M | $27.5M | $25.2M | $25.1M |
| Total Assets | $2.33B | $1.71B | $924.3M | $738.5M | $814.1M | $888.1M | $965.6M | $1.05B |
| Liabilities | ||||||||
| Accounts Payable | — | — | $2.0M | $3.8M | $6.2M | $2.9M | $8.0M | $7.0M |
| Total Current Liabilities | $205.5M | $141.5M | $175.9M | $197.1M | $61.6M | $114.2M | $63.1M | $159.7M |
| Long-Term Debt | $452.0M | $476.8M | $325.7M | $132.1M | $237.9M | $326.6M | $464.2M | $367.2M |
| Total Liabilities | $1.97B | $1.35B | $545.3M | $423.7M | $448.7M | $465.0M | $558.2M | $686.5M |
| Stockholders' Equity | ||||||||
| Retained Earnings | $-2.14B | $-2.13B | $-2.06B | $-2.04B | $-1.78B | $-1.67B | $-1.56B | $-1.57B |
| Total Stockholders' Equity | $355.7M | $358.9M | $379.0M | $314.8M | $365.4M | $423.1M | $407.3M | $358.9M |