{"schema_version":"secwatch.filing_event.v1","accession":"0001366868-23-000096","form_type":"8-K","ticker":"GSAT","cik":"0001366868","company_name":"Globalstar, Inc.","filed_at":"2023-08-03T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.710345+00:00","generated_at":"2026-06-12T07:33:59.008973+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Globalstar Q2 revenue up 50% to $55.1M; raises low end of FY 2023 guidance to $200M","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%."],"urls":{"canonical":"https://secwatch.observer/filing/0001366868-23-000096","json":"https://secwatch.observer/filing/0001366868-23-000096.json","markdown":"https://secwatch.observer/filing/0001366868-23-000096.md","text":"https://secwatch.observer/filing/0001366868-23-000096.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1366868/000136686823000096/0001366868-23-000096-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1366868/000136686823000096/gsat-20230803.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T07:33:59.008973+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":"f073033a6ef9aa84c710a04894dee0ae96c114a2","claim":"Globalstar, Inc. reported second quarter of 2023 results: revenue $55.1 million, net income less than $0.1 million. Guidance raised.","evidence_excerpt":"Total revenue increased $18.3 million, or 50%, to $55.1 million during the second quarter of 2023 compared to the second quarter of 2022","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1366868/000136686823000096/0001366868-23-000096-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"second quarter of 2023"},{"label":"Revenue","value":"$55.1 million"},{"label":"Net income","value":"less than $0.1 million"},{"label":"Guidance","value":"raised"},{"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"}