# GLOBALSTAR, INC. (GSAT) FY2026 Q2 Balance Sheet

- Company: GLOBALSTAR, INC. (GSAT)
- Period: As of 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-06, accession number 0001366868-26-000039
- Page: https://plicit.ai/financials/gsat/fy2026-q2-balance-sheet
- Chart image: https://plicit.ai/charts/gsat-fy2026-q2-balance-sheet-sankey.png

## Chart details

Balance sheet as of 2026-06-30. The chart shows assets, liabilities and equity at that date.

- **Assets**: 2,444,812,000 US dollars
- **Current assets**: 463,463,000 US dollars
- **Non-current assets**: 1,981,349,000 US dollars
- **Liabilities**: 2,152,199,000 US dollars
- **Current liabilities**: 299,906,000 US dollars
- **Non-current liabilities**: 1,852,293,000 US dollars
- **Equity**: 292,613,000 US dollars
- **Cash and cash equivalents**: 409,771,000 US dollars
- **Prepaid expenses and other current assets**: 22,225,000 US dollars
- **Accounts receivable, net of allowance for credit losses of $1,390 and $1,468, respectively**: 20,529,000 US dollars
- **Inventory**: 10,938,000 US dollars
- **Property and equipment, net**: 1,543,330,000 US dollars
- **Prepaid network costs**: 227,090,000 US dollars
- **Intangible and other assets, net of accumulated amortization of $15,747 and $12,511, respectively**: 145,741,000 US dollars
- **Operating lease right of use assets, net**: 65,188,000 US dollars
- **Derivative asset**: 0 US dollars
- **Accounts payable and accrued expenses**: 120,843,000 US dollars
- **Accrued network construction costs**: 71,131,000 US dollars
- **Deferred revenue, net**: 56,179,000 US dollars
- **Current portion of long-term debt**: 51,400,000 US dollars
- **Payables to affiliates**: 353,000 US dollars
- **Deferred revenue, net**: 1,029,366,000 US dollars
- **Other non-current liabilities**: 462,529,000 US dollars
- **Long-term debt**: 307,389,000 US dollars
- **Operating lease liabilities**: 53,009,000 US dollars
- **Additional paid-in capital**: 2,492,511,000 US dollars
- **Accumulated other comprehensive income**: 6,659,000 US dollars
- **Voting Common Stock of $0.0001 par value; 143,333,334 shares authorized; 129,562,435 and 128,050,400 shares issued and outstanding at June 30, 2026 and December 31, 2025, respectively - Common Stock**: 13,000 US dollars
- **Series A Perpetual Preferred Stock of $0.0001 par value; 300,000 shares authorized and 149,425 issued and outstanding at June 30, 2026 and December 31, 2025, respectively - Series A Perpetual Preferred Stock**: 0 US dollars
- **Retained deficit**: negative 2,206,570,000 US dollars
- **Gross equity (calculated)**: 2,499,183,000 US dollars. Net equity plus the magnitudes of its negative contributions equals gross positive equity. The negative contributions enter this reconciliation as add-backs; their filed signs stay negative.

### Chart connections

- Assets equal liabilities plus consolidated equity. Consolidated equity includes noncontrolling interests when reported.
- Treasury shares and other negative equity contributions reduce equity.