Gogo Inc.

For the period ended Jun 30, 2025. Filed Aug 7, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Jun 30, 2025 · Filed Aug 7, 2025

GOGO$3.60-0.6%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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Contents

Unaudited Condensed Consolidated Balance Sheets

(in thousands, except share and per share data)

	June 30,	December 31,
	2025	2024
Assets
Current assets:
Cash and cash equivalents	$102,085	$41,765
Accounts receivable, net of allowances of $5,504 and $4,467, respectively	112,729	111,513
Inventories	87,964	97,934
Assets held for sale	16,625	16,625
Prepaid expenses and other current assets, net of allowances of $2,000 and $0, respectively	66,452	55,256
Total current assets	385,855	323,093
Non-current assets:
Property and equipment, net	116,451	119,125
Intangible assets, net	263,540	275,331
Goodwill	192,168	184,831
Operating lease right-of-use assets	63,081	68,465
Investment in convertible note	—	4,207
Other non-current assets, net of allowances of $909 and $861, respectively	33,070	36,870
Deferred income taxes	208,805	217,309
Total non-current assets	877,115	906,138
Total assets	$1,262,970	$1,229,231
Liabilities and stockholders’ equity
Current liabilities:
Accounts payable	$64,772	$67,231
Accrued liabilities	122,079	81,889
Deferred revenue	36,258	30,408
Current portion of long-term debt	2,500	2,500
Total current liabilities	225,609	182,028
Non-current liabilities:
Long-term debt	832,513	831,581
Non-current operating lease liabilities	62,206	68,178
Other non-current liabilities	39,852	78,120
Total non-current liabilities	934,571	977,879
Total liabilities	1,160,180	1,159,907
Commitments and contingencies (Note 17)
Stockholders’ equity
Common stock, par value $0.0001 per share; 500,000,000 shares authorized at June 30, 2025 and December 31, 2024; 146,143,123 and 144,095,996 shares issued at June 30, 2025 and December 31, 2024, respectively; and 133,334,288 and 130,918,997 shares outstanding at June 30, 2025 and December 31, 2024, respectively	15	14
Additional paid-in capital	1,472,226	1,460,270
Accumulated other comprehensive income	2,227	5,567
Treasury stock, at cost	(196,382)	(196,382)
Accumulated deficit	(1,175,296)	(1,200,145)
Total stockholders’ equity	102,790	69,324
Total liabilities and stockholders’ equity	$1,262,970	$1,229,231

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.