{"filings":[{"id":2088563,"accession_number":"0001366868-26-000037","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2026-08-06T12:02:12+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q2 net loss $26.5M; Amazon merger HSR cleared, close expected 2027","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q2 revenue $64.8M, service revenue down 5% YoY; net loss $26.5M vs net income $19.2M in Q2 2025.","Adjusted EBITDA $26.0M vs $35.8M in prior year; loss from operations $4.8M vs income $6.1M.","Record Commercial IoT subscriber activations; over 20% LTM gross activation growth.","Amazon merger: HSR waiting period expired July 17; still awaiting FCC and international approvals; expected close in 2027.","First set of replacement satellites launch rescheduled for later this month; cash $409.8M, debt $423.7M."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":451759,"accession_number":"0001366868-26-000031","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2026-05-14T21:50:13+00:00","items":["5.07"],"status":"ready","headline":"Globalstar shareholders elect directors, ratify auditor, approve say-on-pay at 2026 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected James F. Lynch and Timothy E. Taylor as Class B directors with 92.2M and 96.9M votes for, respectively.","Ratified Ernst & Young LLP as independent auditor for 2026 with 114.8M votes for, 614.7K against.","Advisory approval of named executive officer compensation received 97.8M votes for, 3.7M against.","115.5M shares voted of 128.6M outstanding at record date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92436,"accession_number":"0001366868-26-000027","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q1 revenue $70.1M (+17% YoY); announces merger with Amazon at $90/share","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2026 revenue $70.1M (+17% YoY); service revenue $66.7M, equipment sales $3.4M.","Net loss $17.4M (vs $17.3M YoY); income from operations $8.2M (vs loss $8.5M YoY).","Adjusted EBITDA $33.5M (vs $30.4M YoY); cash $358.4M.","Merger with Amazon: $90/share cash or 0.3210 Amazon shares (capped at $90); closing expected 2027.","FCC Space Bureau reaffirmed Globalstar's exclusive Big LEO MSS rights, rejecting spectrum-sharing requests."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":70064000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":92435,"accession_number":"0001140361-26-014528","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2026-04-14T23:59:59+00:00","items":["1.01","2.03","7.01","9.01"],"status":"ready","headline":"Globalstar enters merger agreement with Amazon; stockholders to receive $90/share cash or Amazon stock","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Consideration: $90.00 per share cash (subject to adjustment capped at $110M) or Amazon common stock with variable exchange ratio based on Amazon's VWAP.","57.6% holder Thermo delivered written consent; no stockholder vote required; deal expected to close by April 2027 with possible extensions to 2028.","Conditions include regulatory approvals under HSR, satellite/telecom laws, and achievement of certain HIBLEO-4 satellite milestones.","Termination fees: $419.8M payable by Globalstar to Amazon under certain circumstances, $592.1M payable by Amazon to Globalstar if antitrust clearances not obtained.","Company equity awards will be cashed out or converted based on Per Share Value; warrants amended for cashless exercise pre-closing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":1.0,"calibrated_materiality_score":1.0,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":103276,"accession_number":"0001366868-26-000009","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2026-02-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar reports record FY2025 revenue of $273M, net loss narrows to $8.7M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full year revenue $273.0M (+9% YoY); service revenue $257.3M, equipment sales $15.7M.","Net loss $8.7M vs $63.2M in 2024; adjusted EBITDA $136.1M (50% margin) – a record.","Q4 revenue $72.0M (+18% YoY); Q4 adjusted EBITDA $32.4M (+7% YoY).","FY2026 guidance: revenue $280-305M; adjusted EBITDA margin ~50%.","Cash $447.5M; debt $410.0M; progress on next-gen satellites and two-way IoT rollout."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.15,"consensus_revenue_estimate":null,"consensus_revenue_actual":272986000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":119530,"accession_number":"0001366868-25-000111","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2025-11-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q3 2025 revenue record $73.8M, net income falls to $1.1M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $73.8M (record), service revenue $69.6M, equipment sales $4.2M; YoY service revenue up $0.7M.","Net income $1.1M vs $9.9M YoY; non-cash interest on prepayment and FX losses hit bottom line.","Adjusted EBITDA $37.6M vs $42.8M YoY; costs rose on ground infrastructure and XCOM RAN investment.","Reaffirms FY 2025 guidance: revenue $260M-$285M, Adj. EBITDA margin ~50%; cash $346.3M.","Operational milestones: C-3 ground expansion, XCOM RAN initial order from warehouse automation, RM200M global availability."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.04,"consensus_revenue_estimate":null,"consensus_revenue_actual":201025000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":136095,"accession_number":"0001366868-25-000101","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2025-08-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q2 revenue $67.1M (+11% YoY), net income $19.2M, reaffirms FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue $67.1M, up 11% YoY; service revenue $63.2M, equipment sales $3.9M.","Net income $19.2M vs net loss $9.7M in Q2 2024; Adj. EBITDA $35.8M (53% margin).","Reaffirmed FY2025 outlook: revenue $260M-$285M, Adj. EBITDA margin ~50%.","Signed launch services agreement with SpaceX for Falcon 9 mission; second set of replacement satellites.","FCC accepted Globalstar's C-3 MSS network expansion petition; Parsons commercial agreement executed."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":127180000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153144,"accession_number":"0001366868-25-000088","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2025-05-21T23:59:59+00:00","items":["5.03","5.07","9.01"],"status":"ready","headline":"Globalstar shareholders approve officer exculpation, Thermo guaranty amendment at 2025 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Three Class A directors elected: Dr. Paul E. Jacobs (94.1M for), Keith O. Cowan and Benjamin G. Wolff (with Thermo excluded).","Ratified Ernst & Young as 2025 auditor: 113.2M for, 647K against, 124.8K abstain.","Amended Thermo Guaranty Agreement approved: 23.2M for, 578.9K against, 51K abstain; Thermo not eligible to vote.","Officer exculpation amendment to certificate of incorporation filed with Delaware; passed both DGCL majority (91.1M for) and majority-of-minority (16.7M for)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":153143,"accession_number":"0001366868-25-000074","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2025-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q1 revenue $60M (+6%), net loss $17.3M; reiterates FY 2025 guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q1 2025 revenue $60.0M (+6% YoY); net loss $17.3M vs $13.2M loss in Q1 2024.","Adjusted EBITDA $30.4M (51% margin), up from $29.6M in Q1 2024.","FY 2025 guidance reiterated: revenue $260-285M, Adj EBITDA margin ~50%.","Launched two-way satellite IoT commercial solution; mass production expected Q2 2025.","Appointed two VPs: Dr. Tamer Kadous (Terrestrial Spectrum) and Daaman Hejmadi (Wholesale Satellite Capacity)."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.16,"consensus_revenue_estimate":null,"consensus_revenue_actual":60032000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171924,"accession_number":"0001366868-25-000030","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2025-02-27T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar reports record FY2024 revenue $250.3M (+12% YoY); adj EBITDA record $135.3M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Full year service revenue rose 16% to $237.7M; Commercial IoT service revenue up 15% YoY.","Net loss of $63.2M driven by $27.4M loss on debt extinguishment and currency losses.","Received $0.9B of $1.7B investment under Updated Services Agreements; cash $391.2M up from $56.7M.","FY2025 guidance: revenue $260M-$285M; adj EBITDA margin ~50%.","Partnerships with Parsons, Peiker, Liquid Intelligent; 15-year FCC mobile earth terminal renewal."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.59,"consensus_revenue_estimate":null,"consensus_revenue_actual":250349000.0,"consensus_period":"2024-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171923,"accession_number":"0001366868-25-000019","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2025-02-07T23:59:59+00:00","items":["3.03","5.03","8.01","9.01"],"status":"ready","headline":"Globalstar to implement 1-for-15 reverse stock split and transfer listing to Nasdaq on Feb 11, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Reverse stock split at 1-for-15 ratio effective Feb 10, 2025 at 5:30 PM ET; no fractional shares, rounding up.","Authorized shares reduced to 143,333,334 in proportion to 1-for-15 reverse stock split.","Last NYSE American trading Feb 10; Nasdaq trading begins Feb 11 under symbol GSAT, new CUSIP 378973507.","CEO Paul E. Jacobs: uplisting to Nasdaq reflects strong growth trajectory, expects enhanced visibility and institutional investor base."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":171922,"accession_number":"0001366868-25-000012","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2025-01-21T23:59:59+00:00","items":["3.01","8.01","9.01"],"status":"ready","headline":"Globalstar plans to delist from NYSE American and transfer to Nasdaq, subject to reverse stock split","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Last trading on NYSE American expected Feb 10, 2025; trading on Nasdaq begins Feb 11, 2025 under symbol GSAT.","Reverse stock split (previously disclosed) must be completed before listing transfer can occur.","Company believes the move could make common stock more attractive to a broader range of investors.","Voluntary delisting, not due to any failure to satisfy continued listing standards."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188922,"accession_number":"0001366868-24-000140","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-12-19T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Shareholders approve reverse stock split (1:10 to 1:25) and proportional authorized share reduction","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Holders of ~58% of shares (1,099,945,953 shares) approved charter amendments via written consent.","Reverse split ratio to be set by CEO/CFO between 1-for-10 and 1-for-25, at Board's discretion.","Authorized shares (currently 2.15B) will be reduced proportionally only if reverse split is executed.","Amendments must be implemented no earlier than 20 days after Schedule 14C mailing and by Dec 17, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188921,"accession_number":"0001366868-24-000127","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-12-12T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Globalstar holds investor day; reaffirms FY2024 guidance, introduces FY2025 guidance","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Company hosted analyst and investor day on Dec 12, 2024 with executive presentations on strategic initiatives and growth opportunities.","Reaffirmed 2024 fiscal year guidance; introduced 2025 fiscal year guidance; restated longer-term financial framework.","Presentation furnished as Exhibit 99.1; specific guidance numbers not included in the filed excerpt.","Management emphasized focus on terrestrial spectrum authorities and expanded partnerships."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188920,"accession_number":"0001366868-24-000113","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q3 revenue up 25% to $72.3M; net income $9.9M; raises FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 revenue $72.3M (+25% YoY); service revenue $68.9M, driven by wholesale capacity including $7.5M out-of-period bonus.","Net income $9.9M vs loss of $6.2M; Adjusted EBITDA record $42.8M, up 34%.","Raises FY 2024 revenue guidance to $245M-$250M (prior $235M-$250M); Adj. EBITDA margin now ~54%.","FCC approved extension of HIBLEO-4 constellation by 15 years and up to 26 replacement satellites.","Extended services agreements with largest customer; includes new satellite constellation and expanded ground infrastructure."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":189172000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188919,"accession_number":"0001366868-24-000108","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-11-07T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Globalstar consummates payoff of 13% Notes and issues 400K Class B Units of subsidiary","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Conditions precedent satisfied as of Nov 5, 2024; transactions completed.","Full payoff of 2023 13% Notes (principal amount not disclosed).","Issuance and sale of 400,000 Class B Units of Globalstar Licensee, LLC.","Transactions were previously announced in the Nov 1, 2024 Form 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":188918,"accession_number":"0001366868-24-000105","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-11-01T23:59:59+00:00","items":["1.01","2.03","1.02","3.02","7.01"],"status":"ready","headline":"Globalstar enters $1.5B Apple deal for new satellite network; doubles revenue outlook","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Apple to prepay up to $1.1B for infrastructure and buy 20% equity stake in Globalstar SPE for $400M.","Globalstar will use $232M ($219M principal + $13M make-whole) to retire all 2029 Senior Notes.","New Extended MSS Network includes satellite constellation, ground infrastructure, and global licensing; owned by Globalstar SPE.","After launch, annual revenue expected to more than double 2024 levels with improved EBITDA margin; investor day in Dec 2024.","Amendments to 2023 Funding Agreement: elimination of cash sweeps, relaxed covenants, one-year deferral of repayment start to Q3 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":205391,"accession_number":"0001366868-24-000094","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q2 revenue $60.4M, raises FY2024 outlook; Adj. 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EBITDA margin 53% (from 50%).","Cash and equivalents $64.3M, up from $56.7M at Dec 2023; operating cash flow $66.5M H1."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":116865000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222301,"accession_number":"0001366868-24-000084","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-05-21T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Globalstar stockholders elect Hasler and Monroe to Class C board; ratify EY as auditor","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Elected William A. Hasler (1.38B for, 23M against) and James Monroe III (1.22B for, 193M against) as Class C directors.","Ratified Ernst & Young as independent auditor for fiscal 2024 (1.65B for, 6.9M against, 0.98M abstentions).","Over 1.66 billion shares represented at May 21, 2024 annual meeting, constituting a quorum."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222300,"accession_number":"0001366868-24-000067","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-05-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q1 2024 net loss $13.2M, Adj EBITDA $29.6M; reiterates FY revenue $225M-$250M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Service revenue up $0.5M YoY; excluding nonrecurring items, up 7% YoY. Subscriber equipment sales down $2.7M vs record prior-year quarter.","Loss from operations $4.7M vs income of $7.2M in Q1 2023; net loss widened to $13.2M from $3.5M.","New govt contract POC started Feb 2024 ($2.5M); potential 5-yr agreement with min revenue escalating to $20M in year 5.","XCOM RAN commercial deliveries began April 2024 for major retailer; tests showed 4x-5x capacity gains; part of govt 5G study.","Cash $59.3M; FY2024 guidance reaffirmed: total revenue $225M-$250M, Adj EBITDA margin ~50%."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":56480000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":222299,"accession_number":"0001366868-24-000061","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-04-30T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Globalstar announces sudden passing of director Michael J. Lovett","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Michael J. Lovett, a Globalstar director since 2018, passed away suddenly last week.","Lovett served on the Audit and Compensation Committees.","The Board and management expressed gratitude for his contributions and condolences."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.35,"calibrated_materiality_score":0.35,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":241814,"accession_number":"0001366868-24-000024","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2024-02-28T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar reports record 2023 revenue of $224M; guides 2024 rev $225-250M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 revenue $52.4M (+27% YoY); Q4 net loss $15.1M vs $5.3M loss in prior year quarter.","Full-year revenue $224M (+51% YoY); Adjusted EBITDA $117M (+103% YoY).","Received $1.5M XCOM RAN order from major US retailer for warehouse automation; potential scale.","Executed government services contract: $2.5M proof-of-concept, then 5-yr term with annual minimums up to $20M.","Guidance FY2024 revenue $225-250M with ~50% Adjusted EBITDA margin."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.02,"consensus_revenue_estimate":null,"consensus_revenue_actual":223808000.0,"consensus_period":"2023-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259256,"accession_number":"0001366868-23-000155","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-12-07T23:59:59+00:00","items":["1.01","3.02"],"status":"ready","headline":"Globalstar enters Thermo Guaranty, issues warrant for 10M shares at $2.00","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Thermo Guaranty effective Dec 7, 2023, backing $252M obligations to partner.","Company issued warrant to Thermo to purchase 10M shares at $2.00 per share.","5M warrant shares vested immediately; 5M vest if Thermo advances $25M or more.","Thermo must maintain $30M liquidity covenant and minimum asset level.","Stock may be issued to Thermo if it makes payments under guaranty."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":259255,"accession_number":"0001366868-23-000137","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q3 revenue up 53% to $57.7M; raises FY guidance to $215-230M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 total revenue $57.7M (+53% YoY); net loss narrowed to $6.2M from $204.4M loss a year ago.","Adjusted EBITDA $32.0M (+125% YoY); full-year 2023 revenue guidance raised to $215-230M (45-55% growth).","Service revenue +61% driven by wholesale; Commercial IoT revenue +36% with record gross activations.","SPOT equipment sales +12% YoY; all SPOT products now in normal production.","Cash and cash equivalents $64.1M at Sept 30, 2023, up from $32.1M at Dec 31, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":171399000.0,"consensus_period":"2023-Q3","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276524,"accession_number":"0001366868-23-000115","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-08-31T23:59:59+00:00","items":["1.01","5.02","3.02","5.03","9.01"],"status":"ready","headline":"Globalstar acquires exclusive XCOM wireless IP license for ~60.6M shares; appoints Dr. Paul Jacobs as CEO","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Issued 60,582,615 shares (~$68.7M based on 20-day VWAP) for perpetual, royalty-free license to XCOM's wireless spectrum technologies.","Dr. Paul Jacobs appointed CEO effective August 29, 2023; base salary $500k, target bonus 100%, and 40.42M performance RSUs vesting on stock price targets of $2-$10.","Board expanded from 7 to 9 directors; Dr. Jacobs also joins the board.","Approximately 36.3M shares resold to long-term investors, including Thermo (~4.2M shares) and a Jacobs trust (~16.7M shares).","XCOM employees helping commercialize technology; support services agreement provides ongoing R&D services."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276523,"accession_number":"0001366868-23-000109","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-08-31T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Globalstar signs launch services agreement with SpaceX for 2025 satellite deployment; $64M in periodic payments","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Entered Launch Services Agreement with SpaceX for first set of new satellites.","Launch window expected in 2025 under customary terms.","Total launch-related payments of $64 million due on periodic basis until launch completion.","Partner will reimburse 95% of approved capital expenditures for new satellites, including launch costs.","Satellites are being acquired under previously disclosed Satellite Procurement Agreement."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276522,"accession_number":"0001366868-23-000106","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-08-29T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Globalstar hires ex-Qualcomm CEO Paul Jacobs, licenses XCOM tech for ~60M shares","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Paul E. Jacobs appointed CEO effective immediately, replacing David Kagan.","Exclusive perpetual license for XCOM wireless technologies, including XCOMP coordinated multipoint radio system.","Upfront licensing consideration of approximately 60 million shares of Globalstar common stock.","Matt Grob, former Qualcomm CTO, joins as Globalstar CTO; other XCOM engineers expected."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":276521,"accession_number":"0001366868-23-000096","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q2 revenue up 50% to $55.1M; raises low end of FY 2023 guidance to $200M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net income near breakeven vs $26.8M loss; Adj. EBITDA $27.0M, up 86% YoY.","Commercial IoT gross activations at record high; equipment sales revenue more than doubled for third straight quarter.","Cash and equivalents $65.3M, more than double year-end 2022 balance of $32.1M.","FY 2023 guidance: total revenue $200-230M (prior low $185M); Adj. EBITDA margin ~55%."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":113716000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294284,"accession_number":"0001366868-23-000093","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-06-27T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Globalstar holds 2023 annual meeting; elects directors, approves Thermo guaranty","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Elected James F. Lynch and Timothy E. Taylor as Class B directors for 3-year terms.","Ratified Ernst & Young as independent auditor for FY2023 (1.55B for, 8.8M against).","Advisory say-on-pay approved; board sets advisory vote frequency at every three years.","Approved guaranty of obligations under Prepayment Agreements with Thermo affiliate; Monroe block (1.08B shares) did not vote."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294283,"accession_number":"0001366868-23-000055","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q1 revenue +79% to $58.6M; ops income $7.2M vs loss; Adj EBITDA $32.6M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue $58.6M (+79% YoY); service revenue up 80% on wholesale capacity and $6.5M from Service Agreement amendment.","Income from operations $7.2M vs loss of $13.7M; net loss narrowed to $3.5M from $20.5M; Adj EBITDA $32.6M (+216%).","Commercial IoT service revenue up 11% YoY; gross activations up 74% over trailing twelve months; back orders fulfilled.","Paid off remaining 2019 Facility and MDA financing with $200M non-convertible note (5% OID); balance sheet improved.","Terrestrial spectrum authority received in Spain (11 countries); agreement signed with Qualcomm for Band n53 chipset enablement."],"consensus_eps_estimate":null,"consensus_eps_actual":0.0,"consensus_revenue_estimate":null,"consensus_revenue_actual":58644000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":294282,"accession_number":"0001366868-23-000044","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-04-06T23:59:59+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Globalstar issues $200M of 13% Senior Notes due 2029; repays $148M 2019 Facility","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$200 million aggregate principal of 13.00% Senior Notes due Sept 15, 2029; issued at 95% of par.","Proceeds (approx. $190M) used to repay $148M under 2019 Facility, pay fees, and for general corporate purposes.","Interest: 4% cash + 9% PIK (cash or PIK at company option); step-up if notes outstanding after Mar 15, 2028.","Notes redeemable at 100% + premium before Mar 15, 2025; redemption price steps down thereafter to 100%.","Collateral Agreement grants first-priority security interest in all domestic assets to Partner under Prepayment/Partnership Agreements."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314883,"accession_number":"0001366868-23-000042","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-03-29T23:59:59+00:00","items":["1.01","7.01","9.01","8.01"],"status":"ready","headline":"Globalstar issues $200M 13% Senior Notes due 2029 to repay existing debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["$200M aggregate principal, 13% interest, non-convertible, due September 2029.","Proceeds to repay ~$148M outstanding under 2019 Facility, plus fees and general corporate purposes.","Notes issued at 95% of principal; interest 4% cash + 9% PIK (or cash at company's option).","Transaction expected to close March 31, 2023; Goldman Sachs acted as placement agent.","Värde Partners affiliate is lead purchaser; notes are senior unsecured obligations."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314882,"accession_number":"0001366868-23-000027","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-03-07T23:59:59+00:00","items":["7.01"],"status":"ready","headline":"Globalstar reaffirms 2023 revenue guidance of $185M-$230M","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CFO reaffirmed total revenue guidance for FY 2023 of $185M to $230M on earnings call.","Guidance was previously issued on Sept 7, 2022 and Nov 3, 2022 Form 8-K filings.","No change to prior outlook; reaffirmation cited as response to analyst question.","Earnings call recording available on company's investor website."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314881,"accession_number":"0001366868-23-000020","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-03-01T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar reports 2022 revenue up 19% to $148.5M; Adj. EBITDA +48% to $57.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["2022 total revenue $148.5M (+19% YoY); Q4 revenue up 20% YoY.","Full-year net loss $256.9M includes $174.5M non-cash Duplex impairment; prior year loss $112.6M.","Adjusted EBITDA $57.4M in 2022 (+48% YoY); Q4 Adj. EBITDA $18.3M (+48%).","Spain authorized Globalstar to provide terrestrial services over Band 53 (first European authorization).","Completed preliminary design review with MDA and Rocket Lab for new satellites; launch target 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":148504000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314880,"accession_number":"0001366868-23-000017","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-02-28T23:59:59+00:00","items":["1.01","2.03"],"status":"ready","headline":"Globalstar partner prepays $252M for satellite costs, replaces external financing","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Partner will prepay $252M under amended Partnership Agreements for satellite procurement, launch, insurance costs.","Prepayment replaces requirement to raise third-party financing; remaining costs from operating cash flows.","Recouped over 16 quarters starting no later than Q3 2025; subject to interest coverage and leverage covenants.","Guaranteed by Thermo Funding II, LLC (affiliate of Executive Chairman) pending shareholder approval.","Conditions: convert/refinance 2019 Facility by March 13, 2023; grant Partner first-priority asset lien."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314879,"accession_number":"0001366868-23-000014","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-02-14T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Globalstar extends debt conversion/refinancing deadline to March 13, 2023, notifies EchoStar of intent to prepay loans","summary_kind":"llm","event_type":"debt","confidence":"medium","bullets":["Extended deadline to convert or refinance 2019 Facility loans to March 13, 2023.","Provided notice to EchoStar of intent to voluntarily prepay all remaining amounts.","Plans to satisfy 2019 Facility obligations within 30 days.","Intends to use cash flows from operations to reduce external financing needs."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":314878,"accession_number":"0001366868-23-000011","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2023-02-06T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Globalstar pays $20M, secures forbearance to March 15, explores financing","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Paid $20M cash under Second Forbearance Agreement with MDA and Rocket Lab.","Contractor forbears from exercising remedies on unpaid amounts until March 15, 2023.","Possible stock payment up to $40M in shares if both parties agree; no obligation yet.","Company exploring financing to satisfy remaining SPA obligations and refinance 2019 Facility.","Cannot predict terms of future financing; maximizing shareholder value is driving consideration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333254,"accession_number":"0001366868-22-000106","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-11-16T23:59:59+00:00","items":["7.01","9.01"],"status":"ready","headline":"Globalstar holds Investor Day; presentation content not fully available in filing","summary_kind":"llm","event_type":"other_material","confidence":"low","bullets":["Investor Day held on November 16, 2022; presentation furnished as Exhibit 99.1.","Provided exhibit contains only cover slide and disclaimer; no financial data or updates.","CEO David B. Kagan signed the 8-K filing.","No specific operational or strategic details can be extracted from the current filing text."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333253,"accession_number":"0001366868-22-000103","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-11-16T23:59:59+00:00","items":["1.01","3.02","3.03","5.03","9.01"],"status":"ready","headline":"Globalstar converts $149.4M debt into 7% Series A Perpetual Preferred Stock","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Exchanged $149.4M of principal and accrued interest under 2019 Facility for Series A Preferred at $1,000 liquidation preference per share.","Preferred pays 7.00% cumulative cash dividends quarterly, beginning January 1, 2023.","Ranks senior to common stock, pari passu with parity securities; redeemable at any time at $1,000/share plus unpaid dividends.","Issued under Section 4(a)(2) exemption to Thermo affiliates and other lenders; Certificate of Designation filed November 15, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":333252,"accession_number":"0001366868-22-000087","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q3 revenue up 15% YoY, net loss $204.4M on $174.5M Duplex impairment","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 2022 total revenue +15% YoY (+$5.0M) driven by service revenue; equipment sales down on supply chain disruptions.","Adjusted EBITDA Q3 $14.2M, up 35% YoY; nine-month Adj EBITDA $39.1M, up 48%.","Net loss $204.4M includes $174.5M non-cash impairment charge for abandoned second-generation Duplex assets.","FY2023 guidance: revenue $185M-$230M, Adj EBITDA margin ~55%; cash $14.7M as of Sept 30; pursuing new debt financing."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.14,"consensus_revenue_estimate":null,"consensus_revenue_actual":107198000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350737,"accession_number":"0001366868-22-000059","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-09-07T23:59:59+00:00","items":["8.01","7.01","9.01"],"status":"ready","headline":"Globalstar to provide satellite network for Apple's emergency SOS; services expected Q4 2022","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Apple to launch satellite-enabled services in Q4 2022 using Globalstar's network; Globalstar to allocate 85% of capacity.","Partnership includes recurring service fees, capex reimbursement, and bonuses; Globalstar to raise debt via Goldman Sachs.","Globalstar abandons second-gen Duplex assets (~$175M); retains 15% capacity for IoT, SPOT, and legacy services.","2023 revenue guidance $185-230M with ~55% EBITDA margin; expects 35% revenue growth by 2026.","Apple gets warrants to purchase up to 2.64% of GSAT common stock at $1.01 per share."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":350736,"accession_number":"0001366868-22-000054","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-08-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q2 revenue +21% YoY; record Adjusted EBITDA $14.6M up 49%","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Revenue grew $6.5M (+21% YoY) driven by service revenue up $7.4M; equipment sales down $0.9M due to supply chain.","Adjusted EBITDA reached record $14.6M (+49% YoY); net loss widened to $26.8M on non-cash items.","Signed binding deal for 23,000 SmartOne IoT devices, largest single IoT order in company history.","Production of core SPOT and IoT devices to resume in H2 2022 after component shortages; backorders accumulated.","Satellite procurement agreement with MDA for 17 spacecraft on track; financing for satellite costs being pursued."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.03,"consensus_revenue_estimate":null,"consensus_revenue_actual":69572000.0,"consensus_period":"2022-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":367935,"accession_number":"0001366868-22-000050","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-05-23T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Globalstar stockholders elect two Class A directors, ratify auditor at annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Shareholders representing 1.6B shares attended the annual meeting; Thermo Companies’ 1.08B shares could not vote on director election.","Keith O. Cowan elected as Class A director with 146.6M for, 120.7M against, and 259M broker non-votes.","Benjamin G. Wolff elected as Class A director with 260.7M for, 6.6M against, and 259M broker non-votes.","Ratification of Ernst & Young as auditor approved with 1.598B votes for, 5.1M against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":367934,"accession_number":"0001366868-22-000037","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-05-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q1 revenue up 22%; Adjusted EBITDA $10.3M, satellite deal with MDA","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue increased 22% YoY to ~$32.2M driven by $6.8M in engineering service revenue under Terms Agreement.","Loss from operations improved to $13.7M from $19.3M; net loss improved by $15.9M YoY.","Adjusted EBITDA rose 72% to $10.3M from $6.0M in Q1 2021.","Entered satellite procurement agreement with MDA; plan to launch on-ground spare satellite in coming months.","Commercial IoT revenue up 8% YoY; SPOT gross activations up 18% YoY; component shortages persist."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.01,"consensus_revenue_estimate":null,"consensus_revenue_actual":32772000.0,"consensus_period":"2022-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":387253,"accession_number":"0001366868-22-000020","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-02-24T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar signs $327M satellite contract, Q4 adjusted EBITDA up 26% to $12.4M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Entered $327M procurement agreement with MDA for 17 satellites; expects delivery by 2025.","Q4 2021 adjusted EBITDA $12.4M, up 26% YoY; FY2021 adjusted EBITDA $38.7M, down 8%.","Full-year 2021 revenue $124.3M, down 3%; net loss $112.6M vs $109.6M in 2020.","Paid off $187M first-lien debt during 2021; plans senior secured financing for satellite capex.","Customer under Terms Agreement to reimburse 95% of approved satellite costs."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.06,"consensus_revenue_estimate":null,"consensus_revenue_actual":124297000.0,"consensus_period":"2021-FY","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":387252,"accession_number":"0001366868-22-000016","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2022-02-24T23:59:59+00:00","items":["1.01"],"status":"ready","headline":"Globalstar signs $327M satellite procurement deal with MDA; customer to reimburse 95% of costs","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Ordered 17 satellites from MDA for $327M; option for up to 9 more at $11.4M each.","Delivery by 2025; Rocket Lab USA is principal bus subcontractor.","Potential customer (under Terms Agreement) will reimburse 95% of approved capex, interest, and other costs.","Deferred milestone payments from Feb to Aug 2022 at 0% interest; expects senior secured financing by Aug 2022.","Satellites ensure long-term continuity of mobile satellite services for current and future customers."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":405200,"accession_number":"0001366868-21-000076","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2021-11-12T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Globalstar repays $62M First Lien Credit Facility; 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subscriber base ~275k, exceeding pre-COVID levels.","Net loss increased $5.9M due to foreign currency and derivative losses; Adjusted EBITDA $10.6M vs $11.5M.","First lien principal balance reduced to $9.3M; expects to pay off fully in coming days.","Band 53 spectrum ecosystem expanding; licensed POPs across three continents."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.05,"consensus_revenue_estimate":null,"consensus_revenue_actual":89822000.0,"consensus_period":"2021-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":424239,"accession_number":"0001366868-21-000067","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2021-09-02T23:59:59+00:00","items":["2.03"],"status":"ready","headline":"Globalstar receives $37.5M customer advance payment to reduce first lien debt","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Received $37.5M advance from customer on August 30, 2021, on terms matching the June 2021 advance.","Proceeds will repay a portion of the outstanding balance under Globalstar's first lien credit facility.","Transaction creates a direct financial obligation (customer advance) offset by secured debt reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":10808610936.312277,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":424238,"accession_number":"0001366868-21-000062","cik":1366868,"company_name":"Globalstar, Inc.","ticker":"GSAT","form_type":"8-K","filed_at":"2021-08-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Globalstar Q2 2021: SPOT activations up 33%, net loss improves $3.3M, debt reduced","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Total revenue declined slightly YoY; 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