Vistance Networks, Inc.
For the period ended Dec 31, 2025. Filed Feb 26, 2026.
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FY2025 · Filed Feb 26, 2026
VISN$4.13+0.2%Stored close · as of Nov 10, 2026
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Consolidated Statements of Stockholders’ Deficit
| Vistance Networks, Inc. | |||
|---|---|---|---|
| Consolidated Statements of Stockholders' Deficit | |||
| (In millions, except share amounts) | |||
| Year Ended December 31, | |||
| 2025 | 2024 | 2023 | |
| Number of common shares outstanding: | |||
| Balance at beginning of period | 215,887,001 | 212,108,634 | 208,371,426 |
| Issuance of shares under equity-based compensation plans | 10,391,438 | 5,001,544 | 5,434,639 |
| Shares surrendered under equity-based compensation plans | (3,018,123) | (1,223,177) | (1,697,431) |
| Balance at end of period | 223,260,316 | 215,887,001 | 212,108,634 |
| Common stock: | |||
| Balance at beginning of period | $2.3 | $2.3 | $2.2 |
| Issuance of shares under equity-based compensation plans | 0.1 | — | 0.1 |
| Balance at end of period | $2.4 | $2.3 | $2.3 |
| Additional paid-in capital: | |||
| Balance at beginning of period | $2,514.2 | $2,550.4 | $2,542.9 |
| Issuance of shares under equity-based compensation plans | (0.1) | (0.1) | — |
| Equity-based compensation | 42.7 | 29.1 | 47.3 |
| Dividends on Series A convertible preferred stock | (68.9) | (65.2) | (61.8) |
| Other | — | — | 22.0 |
| Balance at end of period | $2,487.9 | $2,514.2 | $2,550.4 |
| Accumulated deficit: | |||
| Balance at beginning of period | $(5,324.5) | $(5,009.0) | $(3,502.2) |
| Net income (loss) | 2,283.7 | (315.5) | (1,506.8) |
| Balance at end of period | $(3,040.8) | $(5,324.5) | $(5,009.0) |
| Accumulated other comprehensive loss: | |||
| Balance at beginning of period | $(344.5) | $(266.7) | $(296.3) |
| Other comprehensive income (loss), net of tax | 225.8 | (77.8) | 29.6 |
| Balance at end of period | $(118.7) | $(344.5) | $(266.7) |
| Treasury stock, at cost: | |||
| Balance at beginning of period | $(303.6) | $(301.7) | $(292.6) |
| Net shares surrendered under equity-based compensation plans | (31.3) | (1.9) | (9.1) |
| Balance at end of period | $(334.9) | $(303.6) | $(301.7) |
| Total stockholders' deficit | $(1,004.1) | $(3,456.1) | $(3,024.7) |
| See notes to consolidated financial statements. | |||
Notes to Consolidated Financial Statements
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