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CONDENSED CONSOLIDATED STATEMENTS OF EQUITY (DEFICIT) and MEZZANINE EQUITY - USD ($)
$ in Thousands
Total
Prepaid Forward Transaction
Total Voyager Technologies, Inc. Equity (Deficit)
Common Stock
Preferred Stock
Additional Paid-in Capital
Additional Paid-in Capital
Prepaid Forward Transaction
Accumulated Other Comprehensive Loss
Accumulated Deficit
Treasury Stock
Treasury Stock
Prepaid Forward Transaction
Non-controlling Interests
Class A Common Stock
Class A Common Stock
Prepaid Forward Transaction
Class A Common Stock
Common Stock
Class A Common Stock
Common Stock
Prepaid Forward Transaction
Class B Common Stock
Class B Common Stock
Common Stock
Series C Preferred Stock
Series C Preferred Stock
Total Voyager Technologies, Inc. Equity (Deficit)
Series C Preferred Stock
Preferred Stock
Series B Preferred Stock
Series B Preferred Stock
Total Voyager Technologies, Inc. Equity (Deficit)
Series B Preferred Stock
Preferred Stock
Series B Preferred Stock
Additional Paid-in Capital
Series A Preferred Stock
Series A Preferred Stock
Total Voyager Technologies, Inc. Equity (Deficit)
Series A Preferred Stock
Additional Paid-in Capital
Common stock, shares, outstanding, beginning balance (in shares) at Dec. 31, 2024       13,297,000                     0     0                    
Beginning balance at Dec. 31, 2024 $ (66,000)   $ (69,704) $ 1 $ 196,299 $ 15,081   $ 28 $ (281,113) $ 0   $ 3,704     $ 0     $ 0                    
Preferred stock beginning balance (in shares) at Dec. 31, 2024         4,824,000                                              
Treasury stock, beginning balance (in shares) at Dec. 31, 2024                   0                                    
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net loss (27,880)   (26,938)           (26,938)     (942)                                
Foreign currency translation adjustments (22)   (22)         (22)                                        
Stock-based compensation 1,723   1,723     1,723                                            
Options & Warrants Exercised (in shares)       1,000                                                
Options & Warrants Exercised 114   114     114                                            
Issuance of stock, net (in shares)       1,611,000                                 2,315,000              
Issuance of stock, net 43,117   43,117     43,117                         $ 94,847 $ 94,847 $ 94,847              
Dividends accrued or settled on Class B convertible preferred stock                                           $ 0 $ 0 $ 2,147 $ (2,147) $ (3,853) $ (3,853) $ (3,853)
Shares issued for services (in shares)       138,000                                                
Shares issued for services 3,000   3,000     3,000                                            
Purchase of noncontrolling interest (in shares)       220,000                                                
Purchase of noncontrolling interest 4,787   4,787     4,787                                            
Common stock, shares, outstanding, ending balance (in shares) at Mar. 31, 2025       15,267,000                     0     0                    
Ending balance at Mar. 31, 2025 49,833   47,071 $ 1 $ 293,293 61,822   6 (308,051) $ 0   2,762     $ 0     $ 0                    
Preferred stock ending balance (in shares) at Mar. 31, 2025         7,139,000                                              
Treasury stock, ending balance (in shares) at Mar. 31, 2025                   0                                    
Temporary equity, beginning balance at Mar. 31, 2025 124,944                                                      
Increase (Decrease) in Temporary Equity [Roll Forward]                                                        
Net loss (49)                                                      
Dividends accrued or settled on Class A-1 redeemable preferred stock 3,853                                                      
Purchase of noncontrolling interest (4,787)                                                      
Temporary equity, ending balance at Dec. 31, 2024 125,927                                                      
Common stock, shares, outstanding, beginning balance (in shares) at Dec. 31, 2024       13,297,000                     0     0                    
Beginning balance at Dec. 31, 2024 (66,000)   (69,704) $ 1 $ 196,299 15,081   28 (281,113) $ 0   3,704     $ 0     $ 0                    
Preferred stock beginning balance (in shares) at Dec. 31, 2024         4,824,000                                              
Treasury stock, beginning balance (in shares) at Dec. 31, 2024                   0                                    
Common stock, shares, outstanding, ending balance (in shares) at Dec. 31, 2025       0                 53,383,859   53,384,000   5,758,566 5,759,000                    
Ending balance at Dec. 31, 2025 429,533   383,720 $ 0 $ 0 797,438   (95) (385,927) $ (27,702)   45,813     $ 5     $ 1                    
Preferred stock ending balance (in shares) at Dec. 31, 2025         0                                              
Treasury stock, ending balance (in shares) at Dec. 31, 2025                   1,163,000                                    
Temporary equity, beginning balance at Dec. 31, 2025 0                                                      
Temporary equity, ending balance at Dec. 31, 2024 125,927                                                      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                                        
Net loss (45,944)   (43,983)           (43,983)     (1,961)                                
Foreign currency translation adjustments 31   31         31                                        
Stock-based compensation 4,049   4,049     4,049                                            
Options & Warrants Exercised (in shares)                             322,000                          
Options & Warrants Exercised 3,643   3,643     3,643                                            
Unvested RSAs granted (in shares)                             3,000                          
Unvested RSAs forfeited (in shares)                             (18,000)                          
Vested RSUs (in shares)                             2,000                          
Physical settlement of prepaid forward (in shares)                     343,000     (343,200)   (343,000)                        
Physical settlement of prepaid forward   $ 0         $ 8,178       $ (8,178)                                  
Shares issued for services 2,000   2,000     2,000                                            
Reclass of Warrants 4,028   4,028     4,028                                            
Sale of noncontrolling interest 7,132   3,740     3,740           3,392                                
Common stock, shares, outstanding, ending balance (in shares) at Mar. 31, 2026       0                 53,350,242   53,350,000   5,758,566 5,759,000                    
Ending balance at Mar. 31, 2026 404,472   $ 357,228 $ 0 $ 0 $ 823,076   $ (64) $ (429,910) $ (35,880)   $ 47,244     $ 5     $ 1                    
Preferred stock ending balance (in shares) at Mar. 31, 2026         0                                              
Treasury stock, ending balance (in shares) at Mar. 31, 2026                   1,506,000       343,200                            
Temporary equity, beginning balance at Mar. 31, 2026 0                                                      
Increase (Decrease) in Temporary Equity [Roll Forward]                                                        
Net loss 0                                                      
Temporary equity, ending balance at Dec. 31, 2025 $ 0