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Midas Edge

EchoStar CORP

For the period ended Dec 31, 2024. Filed Feb 27, 2025.

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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.

FY2024 · Filed Feb 27, 2025

ECHO$94.62+5.2%Stored close · as of Nov 6, 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 · ​ · Interests · Total · Interests
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​​1​​60,827​​—​​—​​—​​—​​60,828​​—​
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​​2​​30,697​​—​​—​​—​​—​​30,699​​—​
Non-cash, stock-based compensation​​—​​51,514​​—​​—​​—​​—​​51,514​​—​
Other comprehensive income (loss)​​—​​—​​15,211​​—​​—​​3,650​​18,861​​—​
Purchase of Northstar Manager, LLC's ownership interest in Northstar Spectrum​​—​​—​​—​​—​​—​​—​​—​​(109,432)​
Deconsolidation of Hughes Systique Corporation​​—​​—​​—​​—​​—​​(15,448)​​(15,448)​​—​
Other, net​​—​​(2,831)​​—​​—​​—​​(439)​​(3,270)​​—​
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​
Issuance of Class A common stock​​1​​4,191​​—​​—​​—​​—​​4,192​​—​
Proceeds from issuance of PIPE Shares​​14​​399,986​​—​​—​​—​​—​​400,000​​—​
Non-cash, stock-based compensation​​—​​36,383​​—​​—​​—​​—​​36,383​​—​
Other comprehensive income (loss)​​—​​—​​(35,655)​​—​​—​​(7,295)​​(42,950)​​—​
Purchase of SNR Management's ownership interest in SNR HoldCo​​—​​—​​—​​—​​—​​—​​—​​(441,998)​
Sale of Assets to CONX, net of deferred taxes of $788​​—​​2,587​​—​​—​​—​​—​​2,587​​—​
Release of valuation allowance​​—​​23,234​​—​​—​​—​​—​​23,234​​—​
Net income (loss) attributable to noncontrolling interests​​—​​—​​—​​—​​—​​(8,585)​​(8,585)​​3,616​
Net income (loss) attributable to EchoStar​​—​​—​​—​​(119,546)​​—​​—​​(119,546)​​—​
Balance, December 31, 2024​$286​$8,768,360​$(195,711)​$11,618,437​$—​$53,853​$20,245,225​$—​
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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.