{"schema_version":"secwatch.filing_event.v1","accession":"0001366868-22-000087","form_type":"8-K","ticker":"GSAT","cik":"0001366868","company_name":"Globalstar, Inc.","filed_at":"2022-11-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:50.335515+00:00","generated_at":"2026-06-22T08:27:01.907069+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Globalstar Q3 revenue up 15% YoY, net loss $204.4M on $174.5M Duplex impairment","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001366868-22-000087","json":"https://secwatch.observer/filing/0001366868-22-000087.json","markdown":"https://secwatch.observer/filing/0001366868-22-000087.md","text":"https://secwatch.observer/filing/0001366868-22-000087.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1366868/000136686822000087/0001366868-22-000087-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1366868/000136686822000087/gsat-20221103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-22T08:27:01.907069+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":[{"claim_id":"6d9d411a9f48df4c29ce0e0cad4e7025b9b95e8d","claim":"Globalstar, Inc. reported financial results for the quarter ended September 30, 2022.","evidence_excerpt":"Globalstar, Inc. (the \"Company\") issued a press release to report third quarter 2022 operating and financial results.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1366868/000136686822000087/0001366868-22-000087-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended September 30, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"cc080df5625158160ee7c5d438e59ad6d883922c","claim":"Globalstar, Inc. reported financial results for the nine months ended September 30, 2022.","evidence_excerpt":"Globalstar, Inc. (the \"Company\") issued a press release to report third quarter 2022 operating and financial results.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1366868/000136686822000087/0001366868-22-000087-index.htm","confidence":0.7,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the nine months ended September 30, 2022"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}