gsat-20241029

0001366868-24-000105.txt : 20241101 0001366868-24-000105.hdr.sgml : 20241101 20241101070015 ACCESSION NUMBER: 0001366868-24-000105 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 13 CONFORMED PERIOD OF REPORT: 20241029 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant ITEM INFORMATION: Unregistered Sales of Equity Securities ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20241101 DATE AS OF CHANGE: 20241101 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Globalstar, Inc. CENTRAL INDEX KEY: 0001366868 STANDARD INDUSTRIAL CLASSIFICATION: COMMUNICATION SERVICES, NEC [4899] ORGANIZATION NAME: 06 Technology IRS NUMBER: 412116508 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33117 FILM NUMBER: 241417003 BUSINESS ADDRESS: STREET 1: 1351 HOLIDAY SQUARE BLVD., CITY: COVINGTON, STATE: LA ZIP: 70433 BUSINESS PHONE: 408-933-4000 MAIL ADDRESS: STREET 1: 1351 HOLIDAY SQUARE BLVD., CITY: COVINGTON, STATE: LA ZIP: 70433 8-K 1 gsat-20241029.htm 8-K gsat-20241029

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 29, 2024

GLOBALSTAR, INC.

(Exact name of registrant as specified in its charter)


Delaware	001-33117	41-2116508
(State or Other Jurisdiction of Incorporation)	(Commission File Number)	(IRS Employer Identification No.)


1351 Holiday Square Blvd.
Covington,	LA	70433
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (985) 335-1500

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:


☐			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to section 12(b) of the Act:


Title of each class	Trading Symbol	Name of exchange on which registered
Common Stock, par value $0.0001 per share	GSAT	NYSE American

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01 Entry into a Material Definitive Agreement.

Services Agreements

As previously disclosed, Globalstar, Inc. (the “Company” or “Globalstar”) is party to a terms agreement (as amended, the “Terms Agreement”) with its customer, Apple Inc. (together with its Related Entities (as defined in the Terms Agreement), “Customer”), which Terms Agreement (together with certain related ancillary agreements, the “Services Agreements”) contains terms and conditions governing the development, launch and operation of Satellite Services (as defined in the Terms Agreement).

Reference is made to the prior disclosures with respect to the Services Agreements in the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023, the Company’s Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2024 and the Company’s Current Reports on Form 8-K filed with the Securities and Exchange Commission (the “SEC”) on February 28, 2023 and September 7, 2022 (collectively, the “Prior Disclosures”).

Extended MSS Network

On October 29, 2024, the Company and Customer agreed to make certain amendments to the Services Agreements and entered into other related agreements (collectively, the “Updated Services Agreements”) for Globalstar to deliver expanded services to Customer over a new mobile satellite services (“MSS”) network, including a new satellite constellation, expanded ground infrastructure, and increased global MSS licensing (the “Extended MSS Network”). The Extended MSS Network will be owned by Globalstar Licensee, LLC, together with its subsidiaries (collectively, the “Globalstar SPE”), and operated by the Company.

As set forth below, Customer will prepay for certain services to be delivered by the Company to Customer’s end users utilizing the Extended MSS Network and will be a passive equity holder in Globalstar SPE.

The Globalstar SPE will hold certain network assets necessary for the Extended MSS Network and will not have commercial operations.

The Company will retain control of the board of managers of the Globalstar SPE and continue to operate and maintain the assets owned by and licenses granted to the Globalstar SPE. Globalstar will retain 100% of all terrestrial, MSS and other revenue and will continue to allocate 85% of its network capacity to render the Satellite Services to Customer across existing and new satellites as well as use the remaining capacity to service its other MSS customers.

Network Assets and Funding

The Updated Services Agreements provide that Customer will make cash prepayments to the Company, including for approved capital expenditures in connection with the Extended MSS Network. These prepayments consist of: (1) an infrastructure prepayment (the “Infrastructure Prepayment”) of up to $1.1 billion as further described under Item 2.03 below, which is to be funded over the construction period on a quarterly basis, the proceeds of which the Globalstar SPE will use, together with the proceeds from the sale of the Customer Class B Units described below to pay amounts due for the Extended MSS Network (including, but not limited to, construction and launch costs) and (2) an amount necessary for the Company to retire at closing its outstanding 13.00% Senior Notes due 2029 (the “2029 Notes”) as further described under Item 1.02 below (the “Current Debt Repayment”). The Infrastructure Prepayment and the funds used for the Current Debt Repayment are contained within one prepayment agreement (the “2024 Prepay Agreement”), as further detailed below.

Customer has agreed to purchase 400,000 Class B Units in the Globalstar SPE (the “Customer Class B Units”), representing a 20% equity interest, for $400 million to be paid upon the closing which is currently expected to occur on or about November 5, 2024, subject to satisfaction of closing conditions.

Service Fees

As consideration for the Satellite Services as set forth in the Updated Services Agreements, the incremental service fees due from Customer to the Company include fees tied to the cost of the Extended MSS Network, fees for providing additional related services, fees tied to expenses incurred for the provision of such services, and performance bonuses. A portion of these payments is subject to the satisfaction of certain licensing, service levels and milestone achievements. Additionally, the Updated Services Agreements also provide for certain service fees of $30 million annually to be accelerated.

Certain Obligations of Globalstar

Refer to Item 2.03 below for a discussion of the repayment of amounts due under the 2024 Prepay Agreement.

The parties have agreed to certain equity repurchase provisions with respect to the Customer Class B Units, including the right of the Company to call the Customer Class B Units, and the right of Customer to cause the Company or the Globalstar SPE to purchase or redeem, as applicable, a portion of the Customer Class B Units on a quarterly basis beginning in the first full quarter following recovery by Customer of all amounts due under the 2024 Prepay Agreement. Redemption may occur earlier in the event of certain Company breaches as described in Item 2.03 below, in each case subject to the terms and conditions of the Updated Services Agreements.

In addition, the parties agreed to certain amendments to the 2023 Funding Agreement (as defined in Prior Disclosures) and certain related agreements, including: (1) elimination of cash sweeps; (2) relaxation of certain covenant levels; (3) a one-year deferral of the start of the repayment period from the third quarter of 2025 to the third quarter of 2026; and (4) an amendment to the existing security agreement to provide first lien security with respect to the Company’s obligations under the 2024 Prepay Agreement.

Termination and Breaches

The Updated Services Agreements may be terminated by either party subject to certain notice requirements and, in some cases, other conditions and, depending on the type of termination, certain limitations on the Company’s ability to take certain actions, in each case as further set forth in Item 2.03 below. In the event of a breach by the Company of certain material obligations, the Updated Services Agreements provide for certain remedies for Customer, including, among other things, additional rights until a cure is effected.

The information set forth in Item 2.03 below is incorporated in this Item 1.01 by reference.

The descriptions of the Terms Agreement, the 2024 Prepay Agreement and the other Updated Services Agreements are qualified in their respective entireties by reference to such agreements which the Company expects to file with its Form 10-K for the year ending December 31, 2024.

Item 1.02 Termination of a Material Definitive Agreement.

The Company will use a portion of the cash proceeds received from Customer, as described in Item 1.01 above, for the Current Debt Repayment, consisting of the aggregate principal amount outstanding of the 2029 Notes of $219 million plus make-whole fees of $13 million, pursuant to the terms of the 2029 Notes, and to discharge the related Indenture, dated as of March 31, 2023, by and among the Company, the subsidiary guarantors party thereto and Wilmington Trust, National Association, as trustee.

Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance

Sheet Arrangement of a Registrant.

The information set forth in Item 1.01 above with respect to the 2024 Prepay Agreement is incorporated in this Item 2.03 by reference.

Globalstar will use the proceeds from the Infrastructure Prepayment and sale of the Customer Class B Units to fund the capital requirements for the Extended MSS Network. As the Company receives proceeds from the Infrastructure Prepayment, the Company will record a liability on its balance sheet for its obligation to perform future services to Customer. In addition to other service fees, as Globalstar provides the new services, the Company will receive additional service fees and will use these fees to fully pay down the Infrastructure Prepayment liability as well as to repurchase or redeem all Customer Class B Units over time.

The full paydown of the 2024 Prepay Agreement and the redemption of the Customer Class B Units are expected to be completed within the design useful life of the new satellites. The Company expects that such amounts payable to Customer will be set off with amounts payable by Customer. The Current Debt Repayment and a portion of the Infrastructure Prepayment may accrue annual fees, as provided in the 2024 Prepay Agreement. Such fees payable to Customer will be reduced or eliminated entirely if the Company meets certain defined milestones.

Subject to certain conditions, if the Company fails to perform certain obligations under the Updated Services Agreements or if Customer terminates the Updated Services Agreements under certain scenarios, the Company would be required to repay amounts advanced under the 2024 Prepayment Agreement and to redeem the Customer Class B Units. Depending on the nature of termination, such repayment and redemption could include paying a percentage of revenue attributable to the Company’s utilization of the Extended MSS Network after such termination, paying a portion of total cash flow, in accordance with the mechanisms set forth in the Updated Services Agreements, or immediate repayment and redemption. During any post-termination repayment and redemption period, the Company may be subject to certain limitations, including, among others, with respect to the incurrence of indebtedness, the payment of dividends and capital expenditures.

Item 3.02 Unregistered Sales of Equity Securities.

If the Company or the Globalstar SPE, as applicable, either does not have sufficient cash or accounts receivable from Customer to timely consummate, or does not otherwise timely consummate, the purchase or redemption of Customer Class B Units from Customer after full repayment of the Infrastructure Prepayment, Customer will be entitled, upon notice to the Company, to require the Company to purchase all (or a portion) of such Customer Class B Units in exchange for shares of common stock of the Company based on a five day average volume weighted price ending on the trading day immediately prior to the date of such notice. The issuance of such shares of Company common stock to Customer would not be registered under the Securities Act of 1933 (the “Securities Act”), in reliance on the exemption from registration pursuant to Section 4(a)(2) of the Securities Act. The information set forth in Item 1.01 above is incorporated in this Item 3.02 by reference.

Item 7.01 Regulation FD Disclosure.

In the first annual period following the launch of the expanded Satellite Services, the Company estimates that its total annual revenue is expected to be more than double 2024 annualized levels with an improved EBITDA margin. Excluded from these numbers is upside from, among other areas, terrestrial spectrum and XCOM RAN, which, by their nature are difficult to precisely forecast. The Company remains focused on successfully executing on terrestrial opportunities in addition to driving growth through the monetization of available satellite capacity.

There is no assurance that the Company will receive all of the revenue estimated or expected under the Updated Services Agreements. The assumptions and estimates of the Company’s future performance, financial condition and liquidity are necessarily subject to uncertainty and risk due to a variety of factors, including, without limitation, those described under Item 1A. Risk Factors of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and in the Company’s other filings with the SEC and as further described under “Forward-Looking Statements” below.

The Company will host an in-person investor day in December 2024 to provide additional details and updates on its competitive strengths and business strategy and answer questions from investors and analysts.

The information in this Item 7.01 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”), or otherwise subject to the liability of that section, nor shall it be deemed incorporated by reference in any Company filing under the Securities Act or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Forward-Looking Statements

Certain statements contained in or incorporated by reference into this Current Report on Form 8-K, other than purely historical information, including, but not limited to, statements regarding the Satellite Services and other terms, conditions and matters under the Terms Agreement, the 2024 Prepay Agreement and the other Services Agreements and Updated Services Agreements, expectations and timing regarding the Satellite Services (and the related construction and launch agreements), expectations regarding sources or set off of payment of obligations, and expectations regarding future revenue, financial performance, financial condition, liquidity, projections, estimates and guidance, and the assumptions upon which those statements are based, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions, although not all forward-looking statements contain these identifying words. These forward-looking statements involve predictions and are based on current expectations and assumptions that are subject to risks and uncertainties. We caution readers that forward-looking statements are not guarantees of future performance and actual results may differ materially from those anticipated, expected, projected or assumed in the forward-looking statements. Risks and uncertainties that could cause or contribute to such differences include, without limitation, those described under Item 1A. Risk Factors of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2023 and in the Company’s other filings with the SEC. The Company undertakes no obligation to update any of the forward-looking statements after the date of this Current Report to reflect actual results, future events or circumstances or changes in our assumptions, business plans or other changes.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.


GLOBALSTAR, INC.


/s/ Rebecca S. Clary
Rebecca S. Clary
Chief Financial Officer (Principal Financial Officer)

Date: November 1, 2024

EX-101.SCH 2 gsat-20241029.xsd XBRL TAXONOMY EXTENSION SCHEMA DOCUMENT 0000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink EX-101.LAB 3 gsat-20241029_lab.xml XBRL TAXONOMY EXTENSION LABEL LINKBASE DOCUMENT Security Exchange Name Security Exchange Name Title of 12(b) Security Title of 12(b) Security Written Communications Written Communications Local Phone Number Local Phone Number Trading Symbol Trading Symbol Entity Incorporation, State or Country Code Entity Incorporation, State or Country Code Entity Address, State or Province Entity Address, State or Province Pre-commencement Issuer Tender Offer Pre-commencement Issuer Tender Offer Document Period End Date Document Period End Date Cover [Abstract] Entity Emerging Growth Company Entity Emerging Growth Company Pre-commencement Tender Offer Pre-commencement Tender Offer Soliciting Material Soliciting Material City Area Code City Area Code Entity Address, Postal Zip Code Entity Address, Postal Zip Code Document Type Document Type Amendment Flag Amendment Flag Entity Central Index Key Entity Central Index Key Entity File Number Entity File Number Entity Tax Identification Number Entity Tax Identification Number Entity Address, City or Town Entity Address, City or Town Entity Address, Address Line One Entity Address, Address Line One Entity Registrant Name Entity Registrant Name EX-101.PRE 4 gsat-20241029_pre.xml XBRL TAXONOMY EXTENSION PRESENTATION LINKBASE DOCUMENT XML 6 R1.htm IDEA: XBRL DOCUMENT

Cover	Oct. 29, 2024
Cover [Abstract]
Document Type	8-K
Document Period End Date	Oct. 29, 2024
Entity Registrant Name	GLOBALSTAR, INC.
Entity Address, City or Town	Covington,
Entity Incorporation, State or Country Code	DE
Entity File Number	001-33117
Entity Tax Identification Number	41-2116508
Entity Address, Address Line One	1351 Holiday Square Blvd.
Entity Address, State or Province	LA
Entity Address, Postal Zip Code	70433
City Area Code	985
Local Phone Number	335-1500
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of 12(b) Security	Common Stock, par value $0.0001 per share
Trading Symbol	GSAT
Security Exchange Name	NYSEAMER
Entity Emerging Growth Company	false
Entity Central Index Key	0001366868
Amendment Flag	false

EXCEL 7 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 8 Show.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 9 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 11 FilingSummary.xml IDEA: XBRL DOCUMENT 3.24.3 html 1 22 1 false 0 0 false 0 false false R1.htm 0000001 - Document - Cover Sheet http://globalstar.com/role/Cover Cover Cover 1 false false All Reports Book All Reports gsat-20241029.htm gsat-20241029.xsd gsat-20241029_lab.xml gsat-20241029_pre.xml http://xbrl.sec.gov/dei/2023 true false JSON 13 MetaLinks.json IDEA: XBRL DOCUMENT { "version": "2.2", "instance": { "gsat-20241029.htm": { "nsprefix": "gsat", "nsuri": "http://globalstar.com/20241029", "dts": { "inline": { "local": [ "gsat-20241029.htm" ] }, "schema": { "local": [ "gsat-20241029.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.sec.gov/dei/2023/dei-2023.xsd" ] }, "labelLink": { "local": [ "gsat-20241029_lab.xml" ] }, "presentationLink": { "local": [ "gsat-20241029_pre.xml" ] } }, "keyStandard": 22, "keyCustom": 0, "axisStandard": 0, "axisCustom": 0, "memberStandard": 0, "memberCustom": 0, "hidden": { "total": 2, "http://xbrl.sec.gov/dei/2023": 2 }, "contextCount": 1, "entityCount": 1, "segmentCount": 0, "elementCount": 23, "unitCount": 0, "baseTaxonomies": { "http://xbrl.sec.gov/dei/2023": 22 }, "report": { "R1": { "role": "http://globalstar.com/role/Cover", "longName": "0000001 - Document - Cover", "shortName": "Cover", "isDefault": "true", "groupType": "document", "subGroupType": "", "menuCat": "Cover", "order": "1", "firstAnchor": { "contextRef": "c-1", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "div", "body", "html" ], "reportCount": 1, "baseRef": "gsat-20241029.htm", "first": true, "unique": true }, "uniqueAnchor": { "contextRef": "c-1", "name": "dei:DocumentType", "unitRef": null, "xsiNil": "false", "lang": "en-US", "decimals": null, "ancestors": [ "span", "div", "body", "html" ], "reportCount": 1, "baseRef": "gsat-20241029.htm", "first": true, "unique": true } } }, "tag": { "dei_AmendmentFlag": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "AmendmentFlag", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Amendment Flag", "label": "Amendment Flag", "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission." } } }, "auth_ref": [] }, "dei_CityAreaCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CityAreaCode", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "City Area Code", "label": "City Area Code", "documentation": "Area code of city" } } }, "auth_ref": [] }, "dei_CoverAbstract": { "xbrltype": "stringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "CoverAbstract", "lang": { "en-us": { "role": { "label": "Cover [Abstract]", "documentation": "Cover page." } } }, "auth_ref": [] }, "dei_DocumentPeriodEndDate": { "xbrltype": "dateItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentPeriodEndDate", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Document Period End Date", "label": "Document Period End Date", "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD." } } }, "auth_ref": [] }, "dei_DocumentType": { "xbrltype": "submissionTypeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "DocumentType", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Document Type", "label": "Document Type", "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'." } } }, "auth_ref": [] }, "dei_EntityAddressAddressLine1": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressAddressLine1", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, Address Line One", "label": "Entity Address, Address Line One", "documentation": "Address Line 1 such as Attn, Building Name, Street Name" } } }, "auth_ref": [] }, "dei_EntityAddressCityOrTown": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressCityOrTown", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, City or Town", "label": "Entity Address, City or Town", "documentation": "Name of the City or Town" } } }, "auth_ref": [] }, "dei_EntityAddressPostalZipCode": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressPostalZipCode", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, Postal Zip Code", "label": "Entity Address, Postal Zip Code", "documentation": "Code for the postal or zip code" } } }, "auth_ref": [] }, "dei_EntityAddressStateOrProvince": { "xbrltype": "stateOrProvinceItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityAddressStateOrProvince", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Address, State or Province", "label": "Entity Address, State or Province", "documentation": "Name of the state or province." } } }, "auth_ref": [] }, "dei_EntityCentralIndexKey": { "xbrltype": "centralIndexKeyItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityCentralIndexKey", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Central Index Key", "label": "Entity Central Index Key", "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK." } } }, "auth_ref": [ "r1" ] }, "dei_EntityEmergingGrowthCompany": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityEmergingGrowthCompany", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Emerging Growth Company", "label": "Entity Emerging Growth Company", "documentation": "Indicate if registrant meets the emerging growth company criteria." } } }, "auth_ref": [ "r1" ] }, "dei_EntityFileNumber": { "xbrltype": "fileNumberItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityFileNumber", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity File Number", "label": "Entity File Number", "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen." } } }, "auth_ref": [] }, "dei_EntityIncorporationStateCountryCode": { "xbrltype": "edgarStateCountryItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityIncorporationStateCountryCode", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Incorporation, State or Country Code", "label": "Entity Incorporation, State or Country Code", "documentation": "Two-character EDGAR code representing the state or country of incorporation." } } }, "auth_ref": [] }, "dei_EntityRegistrantName": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityRegistrantName", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Registrant Name", "label": "Entity Registrant Name", "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC." } } }, "auth_ref": [ "r1" ] }, "dei_EntityTaxIdentificationNumber": { "xbrltype": "employerIdItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "EntityTaxIdentificationNumber", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Entity Tax Identification Number", "label": "Entity Tax Identification Number", "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS." } } }, "auth_ref": [ "r1" ] }, "dei_LocalPhoneNumber": { "xbrltype": "normalizedStringItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "LocalPhoneNumber", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Local Phone Number", "label": "Local Phone Number", "documentation": "Local phone number for entity." } } }, "auth_ref": [] }, "dei_PreCommencementIssuerTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "PreCommencementIssuerTenderOffer", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Pre-commencement Issuer Tender Offer", "label": "Pre-commencement Issuer Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act." } } }, "auth_ref": [ "r3" ] }, "dei_PreCommencementTenderOffer": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "PreCommencementTenderOffer", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Pre-commencement Tender Offer", "label": "Pre-commencement Tender Offer", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act." } } }, "auth_ref": [ "r4" ] }, "dei_Security12bTitle": { "xbrltype": "securityTitleItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "Security12bTitle", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Title of 12(b) Security", "label": "Title of 12(b) Security", "documentation": "Title of a 12(b) registered security." } } }, "auth_ref": [ "r0" ] }, "dei_SecurityExchangeName": { "xbrltype": "edgarExchangeCodeItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SecurityExchangeName", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Security Exchange Name", "label": "Security Exchange Name", "documentation": "Name of the Exchange on which a security is registered." } } }, "auth_ref": [ "r2" ] }, "dei_SolicitingMaterial": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "SolicitingMaterial", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Soliciting Material", "label": "Soliciting Material", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act." } } }, "auth_ref": [ "r5" ] }, "dei_TradingSymbol": { "xbrltype": "tradingSymbolItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "TradingSymbol", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Trading Symbol", "label": "Trading Symbol", "documentation": "Trading symbol of an instrument as listed on an exchange." } } }, "auth_ref": [] }, "dei_WrittenCommunications": { "xbrltype": "booleanItemType", "nsuri": "http://xbrl.sec.gov/dei/2023", "localname": "WrittenCommunications", "presentation": [ "http://globalstar.com/role/Cover" ], "lang": { "en-us": { "role": { "terseLabel": "Written Communications", "label": "Written Communications", "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act." } } }, "auth_ref": [ "r6" ] } } } }, "std_ref": { "r0": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b" }, "r1": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "b-2" }, "r2": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "12", "Subsection": "d1-1" }, "r3": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "13e", "Subsection": "4c" }, "r4": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Number": "240", "Section": "14d", "Subsection": "2b" }, "r5": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Exchange Act", "Section": "14a", "Number": "240", "Subsection": "12" }, "r6": { "role": "http://www.xbrl.org/2003/role/presentationRef", "Publisher": "SEC", "Name": "Securities Act", "Number": "230", "Section": "425" } } } ZIP 14 0001366868-24-000105-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001366868-24-000105-xbrl.zip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false 8-K 2024-10-29 GLOBALSTAR, INC. DE 001-33117 41-2116508 1351 Holiday Square Blvd. Covington, LA 70433 985 335-1500 false false false false Common Stock, par value $0.0001 per share GSAT NYSEAMER false