CONDENSED CONSOLIDATING FINANCIAL INFORMATION - (Tables)

12 Months Ended

Dec. 31, 2018

Condensed Financial Information Disclosure [Abstract]

Supplemental Consolidating Balance Sheet

Globalstar, Inc.

Condensed Consolidating Balance Sheet

As of December 31, 2018

	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Elimination			Consolidated
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	11,312		$	2,126	$	1,774		$	—		$	15,212
Restricted cash	60,278			—		—			—			60,278
Accounts receivable, net of allowance	7,138			7,826		4,363			—			19,327
Intercompany receivables	1,047,320			824,920		105,819			(1,978,059		)	—
Inventory	6,747			6,149		1,378			—			14,274
Prepaid expenses and other current assets	7,765			2,987		2,658			—			13,410
Total current assets	1,140,560			844,008		115,992			(1,978,059		)	122,501
Property and equipment, net	850,790			1,242		30,658			5			882,695
Intercompany notes receivable	5,600			—		6,436			(12,036		)	—
Investment in subsidiaries	(255,187		)	42,481		50,220			162,486			—
Intangibles and other assets, net	36,275			324		3,698			(11		)	40,286
Total assets	$	1,778,038		$	888,055	$	207,004		$	(1,827,615	)	$	1,045,482
LIABILITIES AND STOCKHOLDERS' EQUITY
Current liabilities:
Current portion of long-term debt	$	96,249		$	—	$	—		$	—		$	96,249
Accounts payable	2,420			3,378		1,197			—			6,995
Accrued expenses	8,904			6,747		7,434			—			23,085
Intercompany payables	778,340			832,284		367,396			(1,978,020		)	—
Payables to affiliates	656			—		—			—			656
Derivative liabilities	757			—		—			—			757
Deferred revenue	1,699			23,943		6,296			—			31,938
Total current liabilities	889,025			866,352		382,323			(1,978,020		)	159,680
Long-term debt, less current portion	367,202			—		—			—			367,202
Employee benefit obligations	4,489			—		—			—			4,489
Intercompany notes payable	6,436			—		5,600			(12,036		)	—
Derivative liabilities	146,108			—		—			—			146,108
Deferred revenue	5,339			335		18			—			5,692
Other non-current liabilities	494			323		2,549			—			3,366
Total non-current liabilities	530,068			658		8,167			(12,036		)	526,857
Stockholders' equity (deficit)	358,945			21,045		(183,486		)	162,441			358,945
Total liabilities and shareholders' equity	$	1,778,038		$	888,055	$	207,004		$	(1,827,615	)	$	1,045,482

Globalstar, Inc.

Condensed Consolidating Balance Sheet

As of December 31, 2017

	Parent Company			Guarantor Subsidiaries		Non-Guarantor Subsidiaries			Elimination			Consolidated
	(In thousands)
ASSETS
Current assets:
Cash and cash equivalents	$	32,864		$	4,942	$	3,838		$	—		$	41,644
Restricted cash	63,635			—		—			—			63,635
Accounts receivable, net of allowance	7,129			6,524		3,460			—			17,113
Intercompany receivables	979,942			755,847		64,477			(1,800,266		)	—
Inventory	1,182			4,610		1,481			—			7,273
Prepaid expenses and other current assets	3,149			2,414		1,182			—			6,745
Total current assets	1,087,901			774,337		74,438			(1,800,266		)	136,410
Property and equipment, net	962,756			3,855		4,503			5			971,119
Intercompany notes receivable	5,600			—		6,436			(12,036		)	—
Investment in subsidiaries	(280,745		)	84,244		38,637			157,864			—
Intangible and other assets, net	18,353			47		3,348			(12		)	21,736
Total assets	$	1,793,865		$	862,483	$	127,362		$	(1,654,445	)	$	1,129,265
LIABILITIES AND STOCKHOLDERS’ EQUITY
Current liabilities:
Current portion of long-term debt	$	79,215		$	—	$	—		$	—		$	79,215
Accounts payable	2,257			2,736		1,055			—			6,048
Accrued contract termination charge	21,002			—		—			—			21,002
Accrued expenses	7,627			6,331		6,796			—			20,754
Intercompany payables	711,159			799,565		289,503			(1,800,227		)	—
Payables to affiliates	225			—		—			—			225
Derivative liabilities	1,326			—		—			—			1,326
Deferred revenue	1,164			23,282		7,301			—			31,747
Total current liabilities	823,975			831,914		304,655			(1,800,227		)	160,317
Long-term debt, less current portion	434,651			—		—			—			434,651
Employee benefit obligations	4,389			—		—			—			4,389
Intercompany notes payable	6,436			—		5,600			(12,036		)	—
Derivative liabilities	226,659			—		—			—			226,659
Deferred revenue	5,625			410		17			—			6,052
Other non-current liabilities	906			325		4,742			—			5,973
Total non-current liabilities	678,666			735		10,359			(12,036		)	677,724
Stockholders' equity (deficit)	291,224			29,834		(187,652		)	157,818			291,224
Total liabilities and shareholders' equity	$	1,793,865		$	862,483	$	127,362		$	(1,654,445	)	$	1,129,265

Supplemental Consolidating Statement of Operations

Globalstar, Inc.

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)

Year Ended December 31, 2018

	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
	(In thousands)
Revenue:
Service revenue	$	89,992		$	40,658		$	65,054		$	(84,615	)	$	111,089
Subscriber equipment sales	711			16,963			5,676			(4,326		)	19,024
Total revenue	90,703			57,621			70,730			(88,941		)	130,113
Operating expenses:
Cost of services (exclusive of depreciation, amortization and accretion shown separately below)	26,795			5,932			10,050			(5,129		)	37,648
Cost of subscriber equipment sales	552			13,964			4,253			(4,328		)	14,441
Marketing, general and administrative	38,007			5,221			91,758			(79,543		)	55,443
Revision to contract termination charge	(20,478		)	—			—			—			(20,478		)
Depreciation, amortization and accretion	88,783			264			1,391			—			90,438
Total operating expenses	133,659			25,381			107,452			(89,000		)	177,492
Income (loss) from operations	(42,956		)	32,240			(36,722		)	59			(47,379		)
Other income (expense):
Interest income and expense, net of amounts capitalized	(43,742		)	4			72			54			(43,612		)
Derivative gain	81,120			—			—			—			81,120
Gain on legal settlement	6,779			—			—			—			6,779
Equity in subsidiary earnings (loss)	(7,617		)	(16,655		)	—			24,272			—
Other	(100		)	206			(3,349		)	(56		)	(3,299		)
Total other income (expense)	36,440			(16,445		)	(3,277		)	24,270			40,988
Income (loss) before income taxes	(6,516		)	15,795			(39,999		)	24,329			(6,391		)
Income tax expense	—			30			95			—			125
Net income (loss)	$	(6,516	)	$	15,765		$	(40,094	)	$	24,329		$	(6,516	)
Defined benefit pension plan liability adjustment	(64		)	—			—			—			(64		)
Net foreign currency translation adjustment	—			—			3,072			92			3,164
Total comprehensive income (loss)	$	(6,580	)	$	15,765		$	(37,022	)	$	24,421		$	(3,416	)

Globalstar, Inc.

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)

Year Ended December 31, 2017

	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
	(In thousands)
Revenue:
Service revenue	$	76,096		$	39,347		$	54,102		$	(71,072	)	$	98,473
Subscriber equipment sales	264			11,459			6,141			(3,677		)	14,187
Total revenue	76,360			50,806			60,243			(74,749		)	112,660
Operating expenses:
Cost of services (exclusive of depreciation, amortization and accretion shown separately below)	25,664			5,981			10,740			(5,363		)	37,022
Cost of subscriber equipment sales	97			9,211			4,311			(3,675		)	9,944
Cost of subscriber equipment sales - reduction in the value of inventory	843			—			—			—			843
Marketing, general and administrative	22,588			4,792			77,099			(65,720		)	38,759
Reduction in the value of long-lived assets	17,040			—			—			—			17,040
Depreciation, amortization and accretion	76,625			629			244			—			77,498
Total operating expenses	142,857			20,613			92,394			(74,758		)	181,106
Income (loss) from operations	(66,497		)	30,193			(32,151		)	9			(68,446		)
Other income (expense):
Loss on extinguishment of debt	(6,306		)	—			—			—			(6,306		)
Gain (loss) on equity issuance	2,706			—			(36		)	—			2,670
Interest income and expense, net of amounts capitalized	(34,570		)	(8		)	(198		)	5			(34,771		)
Derivative gain	21,182			—			—			—			21,182
Equity in subsidiary earnings (loss)	(2,735		)	(13,906		)	—			16,641			—
Other	(2,854		)	(700		)	345			(4		)	(3,213		)
Total other income (expense)	(22,577		)	(14,614		)	111			16,642			(20,438		)
Income (loss) before income taxes	(89,074		)	15,579			(32,040		)	16,651			(88,884		)
Income tax expense	—			25			165			—			190
Net income (loss)	$	(89,074	)	$	15,554		$	(32,205	)	$	16,651		$	(89,074	)
Defined benefit pension plan liability adjustment	384			—			—			—			384
Net foreign currency translation adjustment	—			—			(1,944		)	(1		)	(1,945		)
Total comprehensive income (loss)	$	(88,690	)	$	15,554		$	(34,149	)	$	16,650		$	(90,635	)

Globalstar, Inc.

Condensed Consolidating Statement of Operations and Comprehensive Income (Loss)

Year Ended December 31, 2016

	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations			Consolidated
	(In thousands)
Revenue:
Service revenue	$	70,460		$	34,428		$	43,130		$	(64,949	)	$	83,069
Subscriber equipment sales	584			9,380			6,545			(2,717		)	13,792
Total revenue	71,044			43,808			49,675			(67,666		)	96,861
Operating expenses:
Cost of services (exclusive of depreciation, amortization and accretion shown separately below)	20,569			5,929			10,976			(5,566		)	31,908
Cost of subscriber equipment sales	207			7,481			4,931			(2,712		)	9,907
Marketing, general and administrative	21,268			4,847			73,679			(59,235		)	40,559
Reduction in the value of long-lived assets	350			—			—			—			350
Depreciation, amortization and accretion	75,896			802			1,054			(362		)	77,390
Total operating expenses	118,290			19,059			90,640			(67,875		)	160,114
Income (loss) from operations	(47,246		)	24,749			(40,965		)	209			(63,253		)
Other income (expense):
Gain (loss) on equity issuance	2,789			—			(389		)	—			2,400
Interest income and expense, net of amounts capitalized	(35,754		)	(24		)	(164		)	(10		)	(35,952		)
Derivative loss	(41,531		)	—			—			—			(41,531		)
Equity in subsidiary earnings (loss)	(9,803		)	(15,670		)	—			25,473			—
Other	(1,101		)	92			17			139			(853		)
Total other income (expense)	(85,400		)	(15,602		)	(536		)	25,602			(75,936		)
Income (loss) before income taxes	(132,646		)	9,147			(41,501		)	25,811			(139,189		)
Income tax expense (benefit)	—			18			(6,561		)	—			(6,543		)
Net income (loss)	$	(132,646	)	$	9,129		$	(34,940	)	$	25,811		$	(132,646	)
Defined benefit pension plan liability adjustment	221			—			—			—			221
Net foreign currency translation adjustment	—			—			(759		)	(7		)	(766		)
Total comprehensive income (loss)	$	(132,425	)	$	9,129		$	(35,699	)	$	25,804		$	(133,191	)

Supplemental Consolidating Statement of Cash Flows

Globalstar, Inc.

Condensed Consolidating Statement of Cash Flows

Year Ended December 31, 2018

	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated
	(In thousands)
Net cash provided by (used in) operating activities:	$	7,933		$	(1,842	)	$	(171	)	$	—	$	5,920
Cash flows used in investing activities:
Second-generation network costs (including interest)	(5,730		)	—			(1,302		)	—		(7,032		)
Property and equipment additions	(5,938		)	(974		)	(437		)	—		(7,349		)
Purchase of intangible assets	(2,978		)	—			(42		)	—		(3,020		)
Net cash used in investing activities	(14,646		)	(974		)	(1,781		)	—		(17,401		)
Cash flows provided by (used in) financing activities:
Principal payments of the Facility Agreement	(77,866		)	—			—			—		(77,866		)
Net proceeds from common stock offering	59,100			—			—			—		59,100
Payments for financing costs	(276		)	—			—			—		(276		)
Proceeds from issuance of common stock and exercise of options and warrants	846			—			—			—		846
Net cash used in financing activities	(18,196		)	—			—			—		(18,196		)
Effect of exchange rate changes on cash, cash equivalents and restricted cash	—			—			(112		)	—		(112		)
Net decrease in cash, cash equivalents and restricted cash	(24,909		)	(2,816		)	(2,064		)	—		(29,789		)
Cash, cash equivalents and restricted cash, beginning of period	96,499			4,942			3,838			—		105,279
Cash, cash equivalents and restricted cash, end of period	$	71,590		$	2,126		$	1,774		$	—	$	75,490

Globalstar, Inc.

Condensed Consolidating Statement of Cash Flows

Year Ended December 31, 2017

	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated
	(In thousands)
Net cash provided by operating activities:	$	6,010		$	4,361		$	3,486		$	—	$	13,857
Cash flows provided by (used in) investing activities:
Second-generation network costs (including interest)	(11,856		)	—			(54		)	—		(11,910		)
Property and equipment additions	(3,674		)	(746		)	(1,105		)	—		(5,525		)
Purchase of intangible assets	(3,468		)	—			(328		)	—		(3,796		)
Investment in businesses	455			—			—			—		455
Net cash used in investing activities	(18,543		)	(746		)	(1,487		)	—		(20,776		)
Cash flows provided by (used in) financing activities:
Principal payments of the Facility Agreement	(75,755		)	—			—			—		(75,755		)
Net proceeds from common stock offering	114,993			—			—			—		114,993
Proceeds from Thermo Common Stock Purchase Agreement	33,000			—			—			—		33,000
Payment of debt restructuring fee	(20,795		)	—			—			—		(20,795		)
Payments for financing costs	(654		)	—			—			—		(654		)
Proceeds from issuance of stock to Terrapin	12,000			—			—			—		12,000
Proceeds from issuance of common stock and exercise of options and warrants	1,001			—			—			—		1,001
Net cash provided by financing activities	63,790			—			—			—		63,790
Effect of exchange rate changes on cash, cash equivalents and restricted cash	—			—			195			—		195
Net increase in cash, cash equivalents and restricted cash	51,257			3,615			2,194			—		57,066
Cash, cash equivalents and restricted cash, beginning of period	45,242			1,327			1,644			—		48,213
Cash, cash equivalents and restricted cash, end of period	$	96,499		$	4,942		$	3,838		$	—	$	105,279

Globalstar, Inc.

Condensed Consolidating Statement of Cash Flows

Year Ended December 31, 2016

	Parent Company			Guarantor Subsidiaries			Non- Guarantor Subsidiaries			Eliminations		Consolidated
	(In thousands)
Net cash provided by (used in) operating activities	$	8,642		$	1,307		$	(1,136	)	$	—	$	8,813
Cash flows used in investing activities:
Second-generation network costs (including interest)	(12,901		)	—			(269		)	—		(13,170		)
Property and equipment additions	(8,453		)	(699		)	(233		)	—		(9,385		)
Purchase of intangible assets	(1,996		)	—			—			—		(1,996		)
Net cash used in investing activities	(23,350		)	(699		)	(502		)	—		(24,551		)
Cash flows provided by (used in) financing activities:
Principal payments of the Facility Agreement	(32,835		)	—			—			—		(32,835		)
Proceeds from issuance of stock to Terrapin	48,000			—			—			—		48,000
Proceeds from issuance of common stock and exercise of options and warrants	3,337			—			—			—		3,337
Net cash provided by financing activities	18,502			—			—			—		18,502
Effect of exchange rate changes on cash, cash equivalents and restricted cash	—			—			55			—		55
Net increase (decrease) in cash, cash equivalents and restricted cash	3,794			608			(1,583		)	—		2,819
Cash, cash equivalents and restricted cash, beginning of period	41,448			719			3,227			—		45,394
Cash, cash equivalents and restricted cash, end of period	$	45,242		$	1,327		$	1,644		$	—	$	48,213