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Condensed Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 29,646 $ 40,384
Accounts receivable, net of allowance for doubtful accounts of $7,041 and $8,209, respectively 48,627 51,199
Inventories 26,283 29,987
Prepaid expenses and other current assets 15,303 14,592
Total current assets 119,859 136,162
Satellite network and other equipment, net 116,254 127,537
Goodwill 166,129 166,129
Intangible assets, net 54,336 60,559
Other assets 21,722 20,200
Deferred income taxes 256 258
Total assets 478,556 510,845
Current liabilities:    
Accounts payable 15,588 14,323
Accrued liabilities 29,012 31,907
Current portion of notes payable 12,500 10,000
Current portion of deferred revenue 5,470 5,238
Total current liabilities 62,570 61,468
Note payable - related party 1,352 1,400
Notes payable, net of unamortized deferred issuance costs 189,713 206,897
Deferred revenue, net of current portion 4,636 4,158
Deferred tax liabilities 12,731 13,413
Other liabilities 13,729 14,094
Total liabilities 284,731 301,430
Commitments and contingencies
ORBCOMM Inc. stockholders' equity    
Common stock, par value $0.001; 250,000,000 shares authorized; 79,650,953 and 78,183,806 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively 80 78
Additional paid-in capital 455,325 451,327
Accumulated other comprehensive (loss) income (538) 1,021
Accumulated deficit (263,114) (244,882)
Total ORBCOMM Inc. stockholders' equity 192,188 207,950
Noncontrolling interests 1,637 1,465
Total equity 193,825 209,415
Total liabilities and equity 478,556 510,845
Series A Convertible Preferred Stock [Member]    
ORBCOMM Inc. stockholders' equity    
Series A Convertible Preferred Stock, par value $0.001; 1,000,000 shares authorized; 43,530 and 40,624 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively $ 435 $ 406