INSEEGO CORP.
For the period ended Dec 31, 2025. Filed Feb 20, 2026.
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FY2025 · Filed Feb 20, 2026
INSG$4.22+8.9%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
(in thousands, except par value, share and per share data)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $24,886 | $39,596 |
| Accounts receivable, net of allowance for expected credit losses of $159 and $123, respectively | 25,086 | 13,803 |
| Inventories | 7,726 | 13,575 |
| Prepaid expenses and other | 6,389 | 5,926 |
| Total current assets | 64,087 | 72,900 |
| Property, plant and equipment, net of accumulated depreciation of $26,063 and $28,897, respectively | 1,087 | 1,102 |
| Intangible assets, net of accumulated amortization of $32,336 and $33,558, respectively | 20,676 | 18,747 |
| Goodwill | 3,949 | 3,949 |
| Operating lease right-of-use assets | 3,451 | 2,855 |
| Other assets | 557 | 446 |
| Total assets | $93,807 | $99,999 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities: | ||
| Accounts payable | $23,583 | $18,433 |
| Accrued expenses and other current liabilities | 24,856 | 30,133 |
| 2025 Convertible Notes, net | — | 14,905 |
| Total current liabilities | 48,439 | 63,471 |
| Long-term liabilities: | ||
| Operating lease liabilities | 2,910 | 2,627 |
| Deferred tax liabilities, net | 186 | 174 |
| 2029 Senior Secured Notes, net | 41,611 | 41,830 |
| Other long-term liabilities | 4,705 | 4,755 |
| Total liabilities | 97,851 | 112,857 |
| Commitments and Contingencies (Note 11.) | ||
| Stockholders’ deficit: | ||
| Preferred stock, par value $0.001; 2,000,000 shares authorized: | ||
| Series E Preferred stock, par value $0.001; 39,500 shares designated, 25,000 shares issued and outstanding as of December 31, 2025 and December 31, 2024, aggregate liquidation preference of $41,966 as of December 31, 2025 | — | — |
| Common stock, par value $0.001; 150,000,000 shares authorized, 15,388,978 and 14,990,712 shares issued and outstanding as of December 31, 2025 and December 31, 2024, respectively | 15 | 15 |
| Additional paid-in capital (*) | 903,899 | 892,534 |
| Accumulated other comprehensive loss | 403 | 218 |
| Accumulated deficit | (908,361) | (905,625) |
| Total stockholders’ deficit | (4,044) | (12,858) |
| Total liabilities and stockholders’ deficit | $93,807 | $99,999 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.