{"schema_version":"secwatch.filing_event.v1","accession":"0001366868-21-000072","form_type":"8-K","ticker":"GSAT","cik":"0001366868","company_name":"Globalstar, Inc.","filed_at":"2021-11-04T23:59:59+00:00","discovered_at":"2026-05-14T18:04:12.255892+00:00","generated_at":"2026-06-28T12:45:09.746770+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Globalstar Q3 2021: revenue slightly down, SPOT activations up 17% LTM, debt reduced to <$10M","bullets":["Total revenue decreased slightly YoY, but SPOT service revenue up 4% QoQ and Commercial IoT equipment sales up ~50%.","SPOT LTM gross activations up 17%; 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."],"urls":{"canonical":"https://secwatch.observer/filing/0001366868-21-000072","json":"https://secwatch.observer/filing/0001366868-21-000072.json","markdown":"https://secwatch.observer/filing/0001366868-21-000072.md","text":"https://secwatch.observer/filing/0001366868-21-000072.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1366868/000136686821000072/0001366868-21-000072-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1366868/000136686821000072/gsat-20211104.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-28T12:45:09.746770+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}