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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 54,795 $ 53,766
Accounts receivable, net of allowance for doubtful accounts of $4,055 and $4,072, respectively 59,732 57,665
Inventories 33,621 34,300
Prepaid expenses and other current assets 16,308 15,553
Total current assets 164,456 161,284
Satellite network and other equipment, net 153,076 160,070
Goodwill 166,129 166,129
Intangible assets, net 79,779 86,264
Other assets 24,656 12,603
Deferred income taxes 127 109
Total assets 588,223 586,459
Current liabilities:    
Accounts payable 16,276 15,527
Accrued liabilities 34,074 35,735
Current portion of deferred revenue 3,708 5,954
Total current liabilities 54,058 57,216
Note payable - related party 1,298 1,298
Notes payable, net of unamortized deferred issuance costs 246,295 245,907
Deferred revenue, net of current portion 7,432 5,471
Deferred tax liabilities 15,663 16,109
Other liabilities 12,374 2,600
Total liabilities 337,120 328,601
Commitments and contingencies
ORBCOMM Inc. stockholders' equity    
Common stock, par value $0.001; 250,000,000 shares authorized; 79,753,545 and 79,008,243 shares issued at June 30, 2019 and December 31, 2018, respectively 80 79
Additional paid-in capital 454,587 449,343
Accumulated other comprehensive loss (582) (381)
Accumulated deficit (204,416) (192,507)
Less treasury stock, at cost; 29,990 shares at June 30, 2019 and December 31, 2018 (96) (96)
Total ORBCOMM Inc. stockholders' equity 249,967 256,832
Noncontrolling interests 1,136 1,026
Total equity 251,103 257,858
Total liabilities and equity 588,223 586,459
Series A Convertible Preferred Stock [Member]    
ORBCOMM Inc. stockholders' equity    
Series A Convertible Preferred Stock, par value $0.001; 1,000,000 shares authorized; 39,442 shares issued and outstanding at June 30, 2019 and December 31, 2018 $ 394 $ 394