Gogo Inc.
For the period ended Dec 31, 2024. Filed Mar 14, 2025.
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FY2024 · Filed Mar 14, 2025
GOGO$3.62-6.8%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets
(in thousands, except share and per share data)
| December 31, | December 31, | |
|---|---|---|
| 2024 | 2023 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $41,765 | $139,036 |
| Accounts receivable, net of allowances of $4,467 and $2,091, respectively | 111,513 | 48,233 |
| Inventories | 97,934 | 63,187 |
| Assets held for sale | 16,625 | — |
| Prepaid expenses and other current assets | 55,256 | 64,138 |
| Total current assets | 323,093 | 314,594 |
| Non-current assets: | ||
| Property and equipment, net | 119,125 | 98,129 |
| Intangible assets, net | 275,331 | 55,027 |
| Goodwill | 184,831 | 620 |
| Operating lease right-of-use assets | 68,465 | 70,552 |
| Investment in convertible note | 4,207 | — |
| Other non-current assets, net of allowances of $861 and $591, respectively | 36,870 | 25,979 |
| Deferred income taxes | 217,309 | 216,638 |
| Total non-current assets | 906,138 | 466,945 |
| Total assets | $1,229,231 | $781,539 |
| Liabilities and stockholders’ equity | ||
| Current liabilities: | ||
| Accounts payable | $67,231 | $16,094 |
| Accrued liabilities | 81,889 | 47,649 |
| Deferred revenue | 30,408 | 1,003 |
| Current portion of long-term debt | 2,500 | 7,250 |
| Total current liabilities | 182,028 | 71,996 |
| Non-current liabilities: | ||
| Long-term debt | 831,581 | 587,501 |
| Non-current operating lease liabilities | 68,178 | 73,047 |
| Other non-current liabilities | 78,120 | 8,270 |
| Total non-current liabilities | 977,879 | 668,818 |
| Total liabilities | 1,159,907 | 740,814 |
| Commitments and contingencies (Note 17) | ||
| Stockholders’ equity | ||
| Common stock, par value $0.0001 per share; 500,000,000 shares authorized at December 31, 2024 and December 31, 2023; 144,095,996 and 137,632,284 shares issued at December 31, 2024 and December 31, 2023, respectively; and 130,918,997 and 128,462,343 shares outstanding at December 31, 2024 and December 31, 2023, respectively | 14 | 14 |
| Additional paid-in capital | 1,460,270 | 1,402,003 |
| Accumulated other comprehensive income | 5,567 | 15,796 |
| Treasury stock, at cost | (196,382) | (163,197) |
| Accumulated deficit | (1,200,145) | (1,213,891) |
| Total stockholders’ equity | 69,324 | 40,725 |
| Total liabilities and stockholders’ equity | $1,229,231 | $781,539 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.