{"schema_version":"secwatch.filing_event.v1","accession":"0001366868-25-000030","form_type":"8-K","ticker":"GSAT","cik":"0001366868","company_name":"Globalstar, Inc.","filed_at":"2025-02-27T23:59:59+00:00","discovered_at":"2026-05-14T18:03:03.441110+00:00","generated_at":"2026-05-26T01:20:02.435109+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Globalstar reports record FY2024 revenue $250.3M (+12% YoY); adj EBITDA record $135.3M","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."],"urls":{"canonical":"https://secwatch.observer/filing/0001366868-25-000030","json":"https://secwatch.observer/filing/0001366868-25-000030.json","markdown":"https://secwatch.observer/filing/0001366868-25-000030.md","text":"https://secwatch.observer/filing/0001366868-25-000030.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1366868/000136686825000030/0001366868-25-000030-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1366868/000136686825000030/gsat-20250227.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-26T01:20:02.435109+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"}