Voyager Technologies, Inc./DE
For the period ended Mar 31, 2026. Filed May 5, 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 5, 2026
Contents
Condensed Consolidated Balance Sheets
(Unaudited, in thousands, except share amounts)
| March 31, 2026 | December 31, 2025 | |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $429,361 | $491,329 |
| Accounts receivable, net | 12,163 | 29,819 |
| Contract assets | 35,796 | 29,786 |
| Inventories | 5,720 | 3,825 |
| Prepaid expenses and other current assets | 25,664 | 26,541 |
| TOTAL CURRENT ASSETS | 508,704 | 581,300 |
| Property and equipment, net | 191,433 | 164,286 |
| Operating lease right-of-use assets | 41,900 | 18,164 |
| Intangible assets, net | 94,749 | 98,982 |
| Goodwill | 157,674 | 157,674 |
| Other assets | 29,259 | 30,048 |
| TOTAL ASSETS(1) | $1,023,719 | $1,050,454 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $19,851 | $27,386 |
| Contract liabilities | 16,919 | 24,338 |
| Operating lease liabilities | 6,757 | 5,831 |
| Accrued expenses and other current liabilities | 67,726 | 75,472 |
| TOTAL CURRENT LIABILITIES | 111,253 | 133,027 |
| Operating lease liabilities, non-current | 36,296 | 13,336 |
| Contract liabilities, non-current | 7,903 | 7,899 |
| Convertible notes, net | 448,268 | 447,634 |
| Deferred tax liabilities | 12,021 | 8,858 |
| Other long-term liabilities | 3,506 | 10,167 |
| TOTAL LIABILITIES(1) | $619,247 | $620,921 |
| Commitments and Contingencies (Note 17) | ||
| Class A common stock: $0.0001 par value per share; 400,000,000 shares authorized, 54,855,919 shares issued and 53,350,242 shares outstanding at March 31, 2026, 400,000,000 shares authorized, 54,546,859 shares issued, and 53,383,859 shares outstanding at December 31, 2025 | 5 | 5 |
| Class B common stock: $0.0001 par value per share; 50,000,000 shares authorized, 5,758,566 shares issued and outstanding at March 31, 2026; 50,000,000 shares authorized and 5,758,566 shares issued and outstanding at December 31, 2025 | 1 | 1 |
| Additional paid-in capital | 823,076 | 797,438 |
| Treasury stock, at cost | (35,880) | (27,702) |
| Accumulated other comprehensive loss | (64) | (95) |
| Accumulated deficit | (429,910) | (385,927) |
| Total Voyager Technologies, Inc. equity | 357,228 | 383,720 |
| Noncontrolling interests | 47,244 | 45,813 |
| TOTAL EQUITY | 404,472 | 429,533 |
| TOTAL LIABILITIES AND EQUITY | $1,023,719 | $1,050,454 |
(1) Includes balances associated with a consolidated variable interest entity (“VIE”), including amounts reflected in “TOTAL ASSETS” that can only be used to settle obligations of the VIE as well as liabilities of the VIE reflected within “TOTAL LIABILITIES” for which creditors do not have recourse to the general credit of Voyager. See “Notes to Condensed Consolidated Financial Statements—Note 16, “Joint Venture”, for additional information.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.