# GLOBALSTAR, INC. (GSAT) FY2026 YTD Q2 Statement of Cash Flows

- Company: GLOBALSTAR, INC. (GSAT)
- Period: 2026-01-01 to 2026-06-30
- Filing: Q2 FY2026 10-Q, filed 2026-08-06, accession number 0001366868-26-000039
- Page: https://plicit.ai/financials/gsat/fy2026-ytd-q2-cash-flow
- Chart image: https://plicit.ai/charts/gsat-fy2026-ytd-q2-cash-flow-sankey.png

## Chart details

Cash flows for Jan 1, 2026 through Jun 30, 2026. Cash basis: Cash, cash equivalents, and restricted cash. Beginning cash: Dec 31, 2025. Ending cash: Jun 30, 2026. Beginning and ending cash are dated balances. Positive cash flows add cash; negative cash flows reduce it.

- **Beginning cash on Dec 31, 2025**: 447,471,000 US dollars. Beginning cash: Cash, cash equivalents, and restricted cash
- **Operating activities**: 159,767,000 US dollars. Net cash provided.
- **Net (loss) income**: negative 41,357,000 US dollars
- **Stock-based compensation expense**: 5,428,000 US dollars
- **Accounts receivable**: negative 501,000 US dollars
- **Other non-current liabilities**: 877,000 US dollars
- **Inventory, prepaid expenses and other assets**: negative 4,663,000 US dollars
- **Depreciation, amortization and accretion**: 35,199,000 US dollars
- **Other, net**: negative 1,323,000 US dollars
- **Accounts payable and accrued expenses**: 3,272,000 US dollars
- **Deferred revenue**: 113,472,000 US dollars
- **Unrealized foreign currency loss (gain)**: 3,060,000 US dollars
- **Reduction in the value and disposal of long-lived assets and inventory**: 64,000 US dollars
- **Noncash interest and accretion expense**: 46,239,000 US dollars
- **Investing activities**: negative 208,326,000 US dollars. Net cash used.
- **Payments for network upgrades to support the Phase 1 and Phase 2 Service Period**: negative 30,453,000 US dollars
- **Payments for network upgrades to support the Extended MSS Network**: negative 171,912,000 US dollars
- **Payments for network upgrades to support product development**: negative 3,071,000 US dollars
- **Purchase of intangible assets**: negative 2,890,000 US dollars
- **Financing activities**: 10,570,000 US dollars. Net cash provided.
- **Principal payments of 2021 Funding Agreement**: negative 6,250,000 US dollars
- **Dividends paid on Series A Preferred Stock**: negative 5,259,000 US dollars
- **Proceeds from issuance of common stock and exercise of options and other**: 2,159,000 US dollars
- **Proceeds from 2023 Funding Agreement**: 19,920,000 US dollars
- **Operating adjustment reconciliation**: 207,611,000 US dollars. Intermediate calculation joining the operating reconciliation branches. Its gross amount includes any portion of net income routed through this junction. It is not an additional cash source or use.
- **financing gross reconciliation**: 22,079,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **investing gross reconciliation**: 208,326,000 US dollars. Gross amount at the activity's junction before offsetting its receipts and deductions. It is not an additional cash source or use.
- **Exchange-rate effect**: 289,000 US dollars
- **Ending cash on Jun 30, 2026**: 409,771,000 US dollars. Ending cash: Cash, cash equivalents, and restricted cash
- **Cash sources and uses**: 618,097,000 US dollars. Opening cash plus net sources, equal to net uses plus ending cash.
- **Net cash change**: negative 37,700,000 US dollars. Ending cash minus beginning cash.
- **Cash flow / Net income**: Not meaningful. Operating cash flow divided by reconciliation net income for the same period. The ratio is not meaningful when net income is zero or negative.

### Chart connections

- Beginning cash plus operating, investing and financing cash flows plus the exchange-rate effect equals ending cash. Negative amounts reduce cash.
- Financing contributions meet at a reconciliation junction before connecting to the net cash total.
- Investing contributions meet at a reconciliation junction before connecting to the net cash total.
- Operating reconciliation adjustments are not all independent cash receipts.
- Net loss −$41.36M + net operating adjustments $201.12M = operating cash +$159.77M. The loss reduces the earnings basis of the reconciliation; it is not a cash payment. The signed loss remains a deduction at the operating reconciliation junction.
- Each activity has one net cash bar connected to the shared cash pool. Positive activity totals enter the pool; negative activity totals leave the pool to fund that activity's net payments. The central pool does not assign a particular funding source to a particular payment.
- The intermediate calculation bars include both sides of the displayed activity breakdowns; they are not additional cash flows.