Welcome to our dedicated page for Globalstar SEC filings (Ticker: GSAT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Globalstar, Inc. filings document the regulatory record for a telecommunications provider built around mobile satellite services, a low Earth orbit satellite constellation, licensed Band 53/n53 spectrum and private wireless technology. Its 8-K filings report operating and financial results, material definitive agreements, capital-structure matters, shareholder voting topics, and regulatory disclosures tied to its satellite and spectrum-based business.
Proxy materials disclose board governance, executive compensation and shareholder meeting matters. The company’s formal reports also provide context on business lines such as XCOM RAN private 5G, satellite IoT capabilities, ground infrastructure expansion and communications services for enterprise, consumer, government and defense markets.
Form 144 filed for Globalstar, Inc. (GSAT) reports a proposed insider sale of 5,359 common shares, with an aggregate market value of $159,457.58, to be executed through Muriel Siebert & Co. on 09/15/2025 on NASDAQ. The shares were acquired by the selling person on 09/09/2025 upon equity award vesting and were paid as compensation. The filer reports no other sales in the prior three months and represents no undisclosed material information. This notice furnishes standard Rule 144 sale details including broker, acquisition date, and relationship to the issuer.
Form 144 notice to sell restricted/common stock via broker on Nasdaq. The filing shows an intended sale of 52,667 shares of common stock through UBS Financial Services in New York with an aggregate market value of $1,702,439.71. The filing reports 126,672,742 shares outstanding and lists an approximate sale date of 09/10/2025. The shares were acquired on 10/06/2017 from the issuer. The filer reports no securities sold in the past three months and makes the customary representation that they do not possess undisclosed material adverse information. Other issuer identifying fields in the form are blank.
Globalstar, Inc. Form 10-Q (Q2 2025) Reports total revenue of $67.148 million for the quarter and $127.180 million for the six months ended June 30, 2025. The company recorded net income of $19.208 million for the quarter and net income of $1.877 million for the six months. Basic and diluted EPS for the quarter were $0.13.
Balance sheet highlights at June 30, 2025 include $308.226 million cash, total assets of $1.909 billion, property and equipment net of $900.842 million, total liabilities of $1.548 billion, and stockholders' equity of $360.880 million. Contract liabilities (deferred revenue) increased to $524.538 million from $349.372 million, largely reflecting customer prepayments under the Updated Services Agreements and an Infrastructure Prepayment of which $402.733 million is recorded within wholesale capacity contract liabilities.
The company consolidated a Globalstar SPE related to the Extended MSS Network with Customer (Apple Inc.) acquiring Class B units for $400 million. The Company recorded an embedded derivative asset related to a $221.625 million 2024 Debt Repayment with a derivative fair value of $117.184 million at June 30, 2025.