UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number 001-33117 GLOBALSTAR, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 41-2116508 (State or Other Jurisdiction of Incor ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2019 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33117 GLOBALSTAR, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 41-2116508 (State or Other Jurisdiction of (I.R. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2019 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33117 GLOBALSTAR, INC. (Exact Name of Registrant as Specified in Its Charter) Incorporation or Organization) 12(b) of the Act: Title of each c ...

Globalstar, Inc. (NYSE:GSAT) Q1 2019 Earnings Conference Call May 2, 2019 8:30 AM ET Company Participants Jay Monroe - Chairman Dave Kagan - Chief Executive Officer Rebecca Clary - Vice President and Chief Financial Officer Conference Call Participants Jason Bernstein - Cantor Jack Hartnett - Quadrant Operator Welcome to Globalstar Inc First Quarter 2019 Earnings Conference Call. My name is Sofia and I will be your operator for today’s conference. At this time, all participants are in a listen-only mode. L ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2019 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-33117 GLOBALSTAR, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 41-2116508 Incorporation or Organization) (Address of ...

Financial Data and Key Metrics Changes - In 2018, the company recorded a 15% increase in revenue, with adjusted EBITDA rising by 26% to $40.6 million, the highest level ever achieved [11][18] - The net loss for the year was $6.5 million, significantly improved from a loss of $89.1 million in 2017 [11] - Adjusted EBITDA increased by 11% in Q4 2018 compared to Q4 2017, driven by revenue growth [18] Business Line Data and Key Metrics Changes - The satellite business generated higher average revenue per user (ARPU) across all core areas, contributing to a 9% revenue growth in Q4 2018 compared to Q4 2017 [13] - New product launches, including SmartOne Solar, SPOT X, and Sat-Fi2, were highlighted as significant contributors to revenue growth [11][12] - SPOT X product revenue nearly doubled compared to Q4 2017, driven by its two-way functionality [15] Market Data and Key Metrics Changes - The company is well-positioned to capitalize on the growing demand for low-cost, high-mobility data services, particularly in the IoT market [4][5] - The introduction of the SmartOne Solar IoT device has rejuvenated the IoT market for the company, with over 25,000 units sold in the first nine months since its launch [12] Company Strategy and Development Direction - The company aims to maximize the value of its satellite and spectrum assets while focusing on expanding its satellite business and addressing capital needs [8][21] - A newly formed strategic review committee is tasked with assessing balance sheet solutions and exploring monetization opportunities for satellite capacity [7][34] - The company is actively pursuing private LTE deployments in partnership with NOKIA, which is expected to enhance its service offerings [24] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about entering 2019 on firm footing, with a strong set of satellite and spectrum assets and an augmented leadership team [8] - The company anticipates continued momentum in 2019, driven by new product launches and expanding market opportunities [12][21] - Management acknowledged the challenges related to liquidity and compliance with financial covenants but is focused on addressing these issues [20][41] Other Important Information - The company successfully raised $60 million in an equity offering to fund principal and interest payments and maintain compliance with financial covenants [19] - The spectrum technical team achieved 3GPP standardization of the 2.4 GHz spectrum, creating a path for broader integration into the ecosystem [6] Q&A Session Summary Question: Potential deployments on LTE with NOKIA - Management confirmed ongoing collaboration with NOKIA on private LTE implementations, with expectations for meaningful equipment delivery in 2019 [24] Question: Corporate governance structure and strategic review committee - The strategic review committee is focused on addressing capital needs and monetizing satellite capacity, with no fundamental change to the spectrum strategy anticipated [34] Question: Compliance with covenants and potential dilution - Management indicated that compliance could be achieved through increased EBITDA or equity share contributions, with various avenues available to avoid dilution [41] Question: Spectrum monetization timeline - Management does not expect a material spectrum monetization within a couple of months but is positioning the company for future opportunities [50] Question: C-band holdings and terrestrial use - The company is monitoring the C-band process and is not aggressively pursuing C-band at this moment, focusing instead on other initiatives [62]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended December 31, 2018 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Transition Period from to Commission File Number 001-33117 GLOBALSTAR, INC. (Exact Name of Registrant as Specified in Its Charter) Delaware 41-2116508 (State or Other Jurisdiction of Incor ...