Globalstar, Inc.
GSATNasdaqCommunication Services · Communications Services, NEC · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $273.0M | $250.3M | $223.8M | $148.5M | $124.3M | $128.5M |
| Operating income | $7.4M | −$949,000 | −$165,000 | −$221.0M | −$65.5M | −$59.2M |
| Net income | −$8.7M | −$63.2M | −$24.7M | −$256.9M | −$112.6M | −$109.6M |
| Total assets | $2.33B | $1.71B | $924.3M | $738.5M | $814.1M | $888.1M |
| Total liabilities | $1.97B | $1.35B | $545.3M | — | — | — |
| Equity | $355.7M | $358.9M | $379.0M | $314.8M | $365.4M | $423.1M |
| EPS (diluted) | $-0.15 | $-0.59 | $-0.29 | $-2.15 | $-0.06 | $-0.07 |
| Shares out. | 1.90B | 125.9M | 122.3M | 120.1M | 1.77B | 1.64B |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- 2.7%
- Net margin
- −3.2%
- Return on equity
- −2.4%
- Return on assets
- −0.4%
- Return on capital (ROCE)
- 0.4%
- Liabilities / assets
- 84.7%
- Debt / equity
- 5.54×
- Book value / share
- $0.19
- Revenue growth (YoY)
- 9.0%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- -1.96distress
- Accruals / assets
- −27.1%clean
- Piotroski F-Score
- 4/9mixed
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast. What these scores mean →
Signs
● 2 severe● 2 warning● 4 good- Altman Z″ in the distress zone
- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Reported a net loss
- High leverage (liabilities > 70% of assets)
- Operating margin is positive
- Revenue is growing year-over-year
- Positive operating cash flow
- Clean earnings (low accruals)
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Qmissed a reporting deadline ↗Nov 9, 2012
- NT 10-Kmissed a reporting deadline ↗Mar 17, 2011
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Fl Investment Holdings LlcActivist (13D)Apr 15, 2026
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Insider transactions
SEC Form 4 · most recent| Insider | Date | Type | Shares | Price |
|---|---|---|---|---|
| Cowan Keith ODirector | May 11, 2026 | Grant | 3,333 | $0.00 |
| Hasler William ADirector | May 11, 2026 | Grant | 3,333 | $0.00 |
| Taylor Timothy EvanOfficer — VP, Finance & Operations | May 11, 2026 | Grant | 3,333 | $0.00 |
| Wolff Benjamin GDirector | May 11, 2026 | Grant | 3,333 | $0.00 |
| Clary RebeccaOfficer — VP & Chief Financial Officer | Apr 27, 2026 | Grant | 9,523 | $0.00 |
| Clary RebeccaOfficer — VP & Chief Financial Officer | Apr 14, 2026 | Grant | 9,524 | $0.00 |
| Jacobs Paul EOfficer — Chief Executive Officer | Mar 19, 2026 | Option exercise | 4,444 | $28.05 |
| Jacobs Paul EOfficer — Chief Executive Officer | Mar 10, 2026 | Grant | 3,403 | $0.00 |
| Taylor Timothy EvanOfficer — VP, Finance & Operations | Mar 10, 2026 | Grant | 1,310 | $0.00 |
| Ponder L Barbee IvOfficer — General Counsel | Mar 10, 2026 | Grant | 1,395 | $0.00 |
| Clary RebeccaOfficer — VP & Chief Financial Officer | Mar 10, 2026 | Grant | 1,557 | $0.00 |
| Ponder L Barbee IvOfficer — General Counsel | Mar 10, 2026 | Sell | 492 | $55.38 |
Headline trade per Form 4 (officers, directors, 10%+ owners). Buy/sell read from the filing's structured data — blank where a field isn't cleanly tagged.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 3.4M | 2.8 | -5.8% |
| Apr 30, 2026 | 3.6M | 2.3 | +0.3% |
| Apr 15, 2026 | 3.6M | 1.3 | +10.2% |
| Mar 31, 2026 | 3.2M | 3.2 | +1.7% |
| Mar 13, 2026 | 3.2M | 5.5 | -9.2% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Shareholder voteMay 15, 2026
- Results of operationsMay 7, 2026
- Entered a material agreement · New financial obligation · Regulation FD disclosureApr 14, 2026
- Results of operationsFeb 27, 2026
- Results of operationsNov 6, 2025
- Results of operationsAug 7, 2025
- Amended charter or bylaws · Shareholder voteMay 21, 2025
- Results of operationsMay 8, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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