Summary
This filing is an amendment (10-Q/A) to Globalstar, Inc.'s quarterly report for the period ended September 30, 2012. The amendment is not intended to provide updated financial information or disclose events occurring after the original filing date of November 14, 2012. Instead, it solely addresses technical requirements related to confidential treatment requests and re-filing specific exhibits (10.3 and 10.4) and Section 302 certifications as requested by the SEC Staff. Therefore, for investors seeking current financial performance or operational updates, this amendment provides no new material information beyond the original 10-Q filing. Investors should refer to the original Form 10-Q filed on November 14, 2012, for the financial and operational data for the period ended September 30, 2012.
Financial Highlights
44 data points| Revenue | $20.54M |
| Cost of Revenue | $4.04M |
| Gross Profit | $16.50M |
| SG&A Expenses | $7.42M |
| Operating Expenses | $38.19M |
| Operating Income | -$17.66M |
| Net Income | -$41.19M |
| EPS (Basic) | $-1.50 |
| EPS (Diluted) | $-1.50 |
| Shares Outstanding (Basic) | 26.16M |
| Shares Outstanding (Diluted) | 26.16M |
Key Highlights
- 1This filing is an amendment to a previously filed 10-Q for the quarter ended September 30, 2012.
- 2The amendment is filed solely to address SEC Staff comments regarding confidential treatment requests and re-filing of specific exhibits (10.3 and 10.4).
- 3No material changes or new financial information are included in this amendment.
- 4The amendment does not reflect any events or information subsequent to the original filing date of November 14, 2012.
- 5Key exhibits re-filed include the 2012 Key Employee Cash Bonus Plan and a Letter Agreement with Frank Bell.
- 6A Section 302 certification is also being filed as required by regulations.
- 7Investors should consult the original Form 10-Q filed on November 14, 2012, for the period's financial and operational details.