Globalstar, Inc. GSAT Balance Sheet

Globalstar, inc. (GSAT)

Balance Sheet / Yearly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Dec'10
ASSETS
Current assets:
Cash and Cash Equivalents, at Carrying Value
10	7	26	25	13	15	20	12	48	41	16	8	23	10	12	11	11	7	27	12	13	7	27	23	19	17	6	6	1	11	1	4	7	9	6	24	33
Restricted cash
0	0	61	60	60	60	52	52	63	63	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	0	38	38	46	50	0	2	0	-	-	2
Accounts Receivable, after Allowance for Credit Loss, Current
21	21	20	22	20	19	20	19	17	17	17	15	12	15	16	16	14	14	14	16	15	15	16	16	15	15	16	14	14	13	13	11	11	12	13	15	13
Inventory
16	16	17	14	14	14	13	7	7	7	8	8	8	8	9	9	11	12	12	11	13	14	29	28	29	31	37	38	39	42	43	41	41	41	50	55	55
Advances for inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	2	9	9	-	-	-	0	-	-	-	-	9	9	-
Deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	30	32	34	36	-	-	0	-	-	-
Prepaid expenses and other current assets
13	16	20	20	24	13	8	8	6	6	5	5	4	4	5	5	4	4	5	7	7	7	7	6	7	7	7	6	5	5	5	12	5	5	7	14	5
Total current assets
61	63	146	143	133	122	115	102	144	136	48	38	50	38	44	42	42	38	59	49	49	44	80	78	81	81	68	134	131	154	150	71	68	69	85	119	109
Property, Plant and Equipment, Net
775	799	820	843	864	882	903	935	958	971	1,000	1,013	1,027	1,039	1,048	1,059	1,070	1,077	1,083	1,090	1,100	1,113	1,120	1,131	1,149	1,169	1,187	1,207	1,221	1,215	1,226	1,231	1,232	1,217	1,205	1,178	1,150
Restricted cash
51	50	-	-	-	0	-	-	-	-	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	37	-	-	0	0	46	46	46	46	41	34
Operating lease right of use assets, net
15	15	16	14	14	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred financing costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	61	58	60	63	66	69	73	76	79	15	17	16	10	50	53	53	54	59	59
Prepaid second-generation ground costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	2	4	4	8	13	14	-	0	-	-	-	-	9	9	9	9	9	9	9	9	-	-	9
Intangible and other assets, net of accumulated amortization of $9,139 and $9,009, respectively
36	35	36	35	32	40	38	31	24	21	20	20	18	16	15	13	12	12	10	10	9	8	14	9	7	7	7	7	11	8	7	7	14	23	14	17	23
Total assets
939	965	1,019	1,037	1,044	1,045	1,057	1,068	1,126	1,129	1,107	1,109	1,133	1,132	1,148	1,156	1,167	1,175	1,267	1,260	1,258	1,268	1,319	1,327	1,349	1,372	1,389	1,374	1,390	1,403	1,404	1,417	1,424	1,420	1,406	1,416	1,386
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Long-term Debt, Current Maturities
-	-	98	98	96	96	87	87	79	79	94	108	75	75	38	38	32	32	19	19	6	6	7	7	4	4	0	585	657	655	651	83	-	0	16	16	-
Debt restructuring fees
-	-	-	-	-	-	-	-	-	-	0	0	20	20	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable
4	8	5	7	6	6	9	6	5	6	6	7	6	7	6	6	6	8	9	5	5	6	12	12	13	14	26	34	32	35	42	31	31	47	32	32	26
Accrued contract termination charge
-	-	-	-	-	-	0	0	21	21	20	20	18	18	19	19	19	19	19	19	19	21	22	23	24	24	23	22	23	23	22	22	-	0	-	-	-
Accrued expenses
26	24	36	29	34	23	28	22	27	20	27	20	27	23	28	26	26	22	29	22	26	22	25	21	26	22	32	27	38	28	29	37	34	28	32	28	48
Intercompany payables
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	0	0
Payables to affiliates
0	0	0	2	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	-	-	-	-	-	-
Derivative liabilities
-	-	0	0	0	0	0	0	0	1	1	36	-	-	-	-	-	-	-	-	-	-	0	0	92	57	41	40	-	0	-	-	-	-	-	-	-
Deferred revenue
27	29	27	32	31	31	35	33	31	31	33	29	26	26	27	25	24	23	24	22	21	21	22	21	18	17	17	18	18	18	16	15	14	14	18	19	16
Total current liabilities
57	63	169	170	169	159	162	151	166	160	184	223	176	172	119	116	110	107	103	90	79	79	90	87	179	140	142	730	770	761	762	190	80	91	100	96	91
Long-term Debt, Excluding Current Maturities
356	464	402	392	374	367	407	400	441	434	466	459	507	500	547	540	555	548	618	609	626	623	623	624	660	665	675	127	97	95	90	655	732	723	701	690	664
Lease Liabilities
-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Operating lease liabilities
14	14	15	13	13	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Employee benefit obligations
4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	4	5	5	5	5	3	3	3	3	7	7	7	7	7	7	7	7	4	4	4
Derivative liabilities
3	3	4	54	89	146	81	120	119	226	242	318	277	281	189	200	240	239	238	292	548	441	575	773	539	405	254	69	24	25	34	18	45	38	28	53	60
Deferred revenue
5	5	5	5	5	5	5	5	5	6	6	5	5	5	6	6	6	6	6	6	6	6	6	6	6	7	7	4	4	4	7	7	7	7	4	4	6
Debt restructuring fees
-	-	-	-	-	-	-	-	-	-	-	-	-	-	20	20	20	20	20	20	20	20	20	20	20	20	20	-	-	0	-	-	-	-	-	-	-
Other non-current liabilities
2	3	2	2	3	3	3	4	5	5	6	5	6	5	5	11	11	10	10	11	11	12	13	14	14	13	15	14	16	15	17	16	18	17	16	17	23
Total non-current liabilities
386	495	434	473	490	526	503	535	576	677	726	794	802	798	774	784	839	830	900	946	1,219	1,110	1,244	1,444	1,245	1,115	980	223	150	148	157	705	810	795	755	769	760
Commitments and contingencies
-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0
Stockholders’ equity:
Preferred Stock
0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	0	-	-	-
Common Stock
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	0	0	0	-	-	0	-	-	-
Additional paid-in capital
2,092	1,970	1,941	1,940	1,938	1,937	1,874	1,873	1,871	1,869	1,752	1,698	1,663	1,649	1,625	1,624	1,598	1,591	1,590	1,574	1,516	1,503	1,499	1,438	1,135	1,074	976	889	864	864	834	831	816	792	773	772	736
Future equity issuance of common stock to related party
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	16	52	-	-	-	-	-	-	-	-	-
Accumulated other comprehensive income (loss)
1	-3	-3	-4	-4	-3	-4	-4	-7	-6	-7	-6	-6	-5	-6	-6	-5	-4	-4	-3	-4	-2	0	0	-0	0	-1	-2	-2	-1	-1	-2	-2	-3	-0	-0	-0
Retained deficit
-1,599	-1,559	-1,521	-1,542	-1,548	-1,574	-1,478	-1,487	-1,480	-1,571	-1,548	-1,601	-1,502	-1,482	-1,365	-1,362	-1,376	-1,349	-1,322	-1,346	-1,551	-1,421	-1,513	-1,643	-1,209	-959	-724	-519	-393	-367	-348	-307	-280	-255	-222	-221	-200
Stockholders' Equity Attributable to Parent
495	407	416	392	385	358	392	381	383	291	197	91	155	161	254	256	216	237	263	223	-39	78	-14	-204	-74	116	266	421	469	494	484	521	533	533	551	550	535
Total liabilities and stockholders’ equity
939	965	1,019	1,037	1,044	1,045	1,057	1,068	1,126	1,129	1,107	1,109	1,133	1,132	1,148	1,156	1,167	1,175	1,267	1,260	1,258	1,268	1,319	1,327	1,349	1,372	1,389	1,374	1,390	1,403	1,404	1,417	1,424	1,420	1,406	1,416	1,386
Series A Preferred Convertible Stock
Preferred Stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Common Stock [Member]
Common Stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Stockholders' Equity Attributable to Parent
0	0	0	0	0	0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Nonvoting Common Stock [Member]
Common Stock
0	0	0	0	0	0	0	0	0	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-