{"schema_version":"secwatch.filing_event.v1","accession":"0001366868-23-000137","form_type":"8-K","ticker":"GSAT","cik":"0001366868","company_name":"Globalstar, Inc.","filed_at":"2023-11-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:28.764061+00:00","generated_at":"2026-06-08T23:41:28.928012+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 Q3 revenue up 53% to $57.7M; raises FY guidance to $215-230M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001366868-23-000137","json":"https://secwatch.observer/filing/0001366868-23-000137.json","markdown":"https://secwatch.observer/filing/0001366868-23-000137.md","text":"https://secwatch.observer/filing/0001366868-23-000137.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1366868/000136686823000137/0001366868-23-000137-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1366868/000136686823000137/gsat-20231102.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T23:41:28.928012+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":"a8a1161f3eb09038073f45d706adb2f3c7b9cb27","claim":"Globalstar, Inc. reported the third quarter of 2023 results: revenue $57.7 million, net income $6.2 million. Guidance raised.","evidence_excerpt":"Total revenue increased $20.1 million, or 53%, to $57.7 million during the third quarter of 2023 compared to the third quarter of 2022, due to higher service revenue.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1366868/000136686823000137/0001366868-23-000137-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the third quarter of 2023"},{"label":"Revenue","value":"$57.7 million"},{"label":"Net income","value":"$6.2 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"}