INSEEGO CORP.
For the period ended Mar 31, 2026. Filed May 8, 2026.
View on SEC.govAbout 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.
Mar 31, 2026 · Filed May 8, 2026
INSG$4.22+8.9%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
Item 1. Financial Statements
CONDENSED CONSOLIDATED BALANCE SHEETS
(In thousands, except par value, share and per share data)
| March 31,2026 | December 31,2025 | |
|---|---|---|
| (Unaudited) | ||
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $19,297 | $24,886 |
| Accounts receivable, net of allowance for expected credit losses of $145 and $159, respectively | 15,719 | 25,086 |
| Inventories | 12,541 | 7,726 |
| Prepaid expenses and other current assets | 5,704 | 6,389 |
| Total current assets | 53,261 | 64,087 |
| Property, plant and equipment, net of accumulated depreciation of $29,571 and $26,063, respectively | 1,308 | 1,087 |
| Intangible assets, net of accumulated amortization of $34,022 and $32,336, respectively | 21,873 | 20,676 |
| Goodwill | 3,949 | 3,949 |
| Operating lease right-of-use assets | 3,235 | 3,451 |
| Other assets | 531 | 557 |
| Total assets | $84,157 | $93,807 |
| LIABILITIES AND STOCKHOLDERS’ DEFICIT | ||
| Current liabilities: | ||
| Accounts payable | $24,741 | $23,583 |
| Accrued expenses and other current liabilities | 27,397 | 24,856 |
| Total current liabilities | 52,138 | 48,439 |
| Long-term liabilities: | ||
| Operating lease liabilities | 2,649 | 2,910 |
| Deferred tax liabilities, net | 189 | 186 |
| 2029 Senior Secured Notes, net | 50,415 | 41,611 |
| Other long-term liabilities | 4,181 | 4,705 |
| Total liabilities | 109,572 | 97,851 |
| Commitments and contingencies (Note 9.) | ||
| Stockholders’ deficit: | ||
| Preferred stock, par value $0.001; 2,000,000 shares authorized: | ||
| Preferred stock, par value $0.001; 39,500 shares designated, no shares outstanding as of March 31, 2026, 25,000 issued and outstanding as of and December 31, 2025 (aggregate liquidation preference of $41,966 as of December 31, 2025) | — | — |
| Common stock, par value $0.001; 150,000,000 shares authorized, 16,228,548 and 15,388,978 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively | 16 | 15 |
| Additional paid-in capital | 871,990 | 903,899 |
| Accumulated other comprehensive loss | 376 | 403 |
| Accumulated deficit | (897,797) | (908,361) |
| Total stockholders’ deficit | (25,415) | (4,044) |
| Total liabilities and stockholders’ deficit | $84,157 | $93,807 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.