EchoStar CORP

For the period ended Dec 31, 2023. Filed Feb 29, 2024.

About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 29, 2024

ECHO$104.16+2.9%Stored close · as of Nov 10, 2026

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

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Contents

Consolidated Statements of Changes in Stockholders’ Equity (Deficit)

(In thousands)


· · · · · · · Accumulated · · · · · · · · · · · · · · · ·
· · Class A and B · · Additional · · Other · · Accumulated · · · · · · · · · Redeemable ·
· · Common · · Paid-In · · Comprehensive · · Earnings · · Treasury Shares · · Noncontrolling · · · · · Noncontrolling ·
· Stock · Capital · Income (Loss) · (Deficit) · at Cost (Note 2) · Interests · Total · Interests
Balance, December 31, 2020	$266	$8,727,300	$(188,731)	$8,826,948	$—	$65,405	$17,431,188	$350,648
Issuance of Class A common stock:
Exercise of stock awards	—	40,971	—	—	—	—	40,971	—
Employee benefits	1	37,445	—	—	—	—	37,446	—
Employee Stock Purchase Plan	1	27,210	—	—	—	—	27,211	—
Non-cash, stock-based compensation	—	59,379	—	—	—	—	59,379	—
Other comprehensive income (loss):	—	—	(23,090)	—	—	(4,389)	(27,479)	—
Convertible debt reclassified per ASU 2020-06, net of deferred taxes of $245,778 (Note 2)	—	(805,566)	—	—	—	—	(805,566)	—
Contribution by non-controlling interest holder	—	—	—	—	—	9,880	9,880	—
Treasury share repurchase	—	—	—	—	(261,609)	—	(261,609)	—
Other, net	—	(750)	—	(261,609)	261,609	—	(750)	—
Net income (loss) attributable to noncontrolling interests	—	—	—	—	—	(9,424)	(9,424)	44,574
Net income (loss) attributable to EchoStar	—	—	—	2,486,285	—	—	2,486,285	—
Balance, December 31, 2021	$268	$8,085,989	$(211,821)	$11,051,624	$—	$61,472	$18,987,532	$395,222
Issuance of Class A common stock:
Exercise of stock awards	—	200	—	—	—	—	200	—
Employee benefits	—	33,389	—	—	—	—	33,389	—
Employee Stock Purchase Plan	1	27,238	—	—	—	—	27,239	—
Non-cash, stock-based compensation	—	82,994	—	—	—	—	82,994	—
Other comprehensive income (loss):	—	—	36,554	—	—	1,707	38,261	—
Issuance of equity and contribution of assets pursuant to the India JV formation	—	(14,237)	—	—	—	44,540	30,303	—
Consideration received from DISH Network for R&D tax credits utilized	—	6,315	—	—	—	—	6,315	—
Treasury share repurchase	—	—	—	—	(89,303)	—	(89,303)	—
Other, net	—	711	—	(89,304)	89,303	438	1,148	—
Net income (loss) attributable to noncontrolling interests	—	—	—	—	—	(9,965)	(9,965)	69,137
Net income (loss) attributable to EchoStar	—	—	—	2,477,720	—	—	2,477,720	—
Balance, December 31, 2022	$269	$8,222,599	$(175,267)	$13,440,040	$—	$98,192	$21,585,833	$464,359
Issuance of Class A common stock:
Exercise of stock awards	—	(1,444)	—	—	—	—	(1,444)	—
Employee benefits	1	20,100	—	—	—	—	20,101	—
Employee Stock Purchase Plan	1	12,041	—	—	—	—	12,042	—
Non-cash, stock-based compensation	—	51,514	—	—	—	—	51,514	—
Other comprehensive income (loss)	—	—	15,211	—	—	3,650	18,861	—
Other, net	—	(2,831)	—	—	—	(439)	(3,270)	—
Purchase of Northstar Manager, LLC's ownership interest in Northstar Spectrum	—	—	—	—	—	—	—	(109,432)
Deconsolidation of Hughes Systique Corporation	—	—	—	—	—	(15,448)	(15,448)	—
Net income (loss) attributable to noncontrolling interests	—	—	—	—	—	(16,222)	(16,222)	83,455
Net income (loss) attributable to EchoStar	—	—	—	(1,702,057)	—	—	(1,702,057)	—
Balance, December 31, 2023	$271	$8,301,979	$(160,056)	$11,737,983	$—	$69,733	$19,949,910	$438,382

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.