AST SpaceMobile, Inc. (ASTS) Financial Statements (2025 and earlier)
Company Profile
| Business Address |
6500 RIVERPLACE BOULEVARD AUSTIN, TX 78730 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| Industry (SIC) | 4899 - Communications Services, Not Elsewhere Classified (benchmarking) |
| More info | Complete Financial Analysis Financial Benchmarking |
Balance Sheet (Statement of Financial Position) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 85,622 | 238,588 | 321,787 | 131 | 493 | |||
| Cash and cash equivalent | 85,622 | 238,588 | 321,787 | 131 | 493 | |||
| Restricted cash and investments | 2,475 | 668 | 2,750 | |||||
| Receivables | 1,152 | 1,673 | 2,173 | |||||
| Inventory, net of allowances, customer advances and progress billings | 1,412 | |||||||
| Inventory | 1,412 | |||||||
| Prepaid expense | 4,591 | 4,100 | 3,214 | 23 | 131 | |||
| Other current assets | 14,194 | 24,954 | 4,467 | |||||
| Other undisclosed current assets | (1,152) | (1,673) | 54 | |||||
| Total current assets: | 106,882 | 268,310 | 335,803 | 209 | 624 | |||
| Noncurrent Assets | ||||||||
| Operating lease, right-of-use asset | 13,221 | |||||||
| Property, plant and equipment | 238,478 | 145,989 | 95,942 | |||||
| Long-term investments and receivables | 232,196 | 231,215 | ||||||
| Long-term investments | 232,196 | 231,215 | ||||||
| Other noncurrent assets | 24,073 | 12,191 | ||||||
| Other undisclosed noncurrent assets | 2,311 | |||||||
| Total noncurrent assets: | 254,010 | 170,062 | 108,133 | 232,196 | 231,215 | |||
| TOTAL ASSETS: | 360,892 | 438,372 | 443,936 | 232,405 | 231,839 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 27,804 | 18,924 | 8,368 | 634 | 240 | |||
| Taxes payable | ✕ | ✕ | ✕ | 180 | 26 | |||
| Accounts payable | 20,575 | 13,929 | 6,638 | |||||
| Accrued liabilities | 7,229 | 4,995 | 1,550 | |||||
| Other undisclosed accounts payable and accrued liabilities | 634 | 214 | ||||||
| Deferred revenue | 6,636 | |||||||
| Debt | 252 | 242 | ||||||
| Other undisclosed current liabilities | 18,165 | 8,630 | 6,373 | 26 | ||||
| Total current liabilities: | 46,221 | 27,796 | 21,377 | 634 | 266 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 59,252 | 4,758 | 12,525 | |||||
| Long-term debt, excluding current maturities | 59,252 | 4,758 | 5,000 | |||||
| Liabilities, other than long-term debt | 11,900 | 7,046 | 10 | |||||
| Deferred income tax liabilities | 10 | |||||||
| Operating lease, liability | 11,900 | 7,046 | 7,525 | |||||
| Other undisclosed noncurrent liabilities | 29,960 | 38,946 | 50,537 | 76,164 | 8,054 | |||
| Total noncurrent liabilities: | 101,112 | 50,750 | 70,587 | 76,174 | 8,054 | |||
| Total liabilities: | 147,333 | 78,546 | 91,964 | 76,808 | 8,319 | |||
| Equity | ||||||||
| Equity, attributable to parent, including: | 98,969 | 133,512 | (70,894) | 5,000 | 5,000 | |||
| Additional paid in capital | 288,404 | 235,384 | 59,841 | 4,344 | ||||
| Accumulated other comprehensive income (loss) | 227 | 229 | (433) | |||||
| Retained earnings (accumulated deficit) | (189,662) | (102,101) | (70,461) | (54,842) | 656 | |||
| Other undisclosed equity, attributable to parent | 2 | 1 | ||||||
| Equity, attributable to noncontrolling interest | 114,568 | 226,294 | 251,693 | |||||
| Other undisclosed equity | 22 | 20 | 171,173 | 150,597 | 218,520 | |||
| Total equity: | 213,559 | 359,826 | 351,972 | 155,597 | 223,520 | |||
| TOTAL LIABILITIES AND EQUITY: | 360,892 | 438,372 | 443,936 | 232,405 | 231,839 | |||
Income Statement (P&L) ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 13,825 | 12,405 | 501 | ||||
| Net investment income | 501 | ||||||
| Cost of revenue | (6,714) | (7,563) | |||||
| Gross profit: | 7,111 | 4,842 | 501 | ||||
| Operating expenses | (222,367) | (152,875) | (91,588) | (1,125) | |||
| Other undisclosed operating loss | (501) | ||||||
| Operating loss: | (222,367) | (145,764) | (86,746) | (1,125) | |||
| Nonoperating income (expense) | 1,371 | 43,268 | 13,816 | (50,670) | |||
| Investment income, nonoperating | 49,042 | ||||||
| Interest and debt expense | (4,500) | ||||||
| Loss from continuing operations before equity method investments, income taxes: | (225,496) | (102,496) | (72,930) | (51,795) | |||
| Other undisclosed income from continuing operations before income taxes | 4,500 | ||||||
| Loss from continuing operations before income taxes: | (220,996) | (102,496) | (72,930) | (51,795) | |||
| Income tax expense | (1,681) | (617) | (331) | (166) | |||
| Loss from continuing operations: | (222,677) | (103,113) | (73,261) | (51,961) | |||
| Loss before gain (loss) on sale of properties: | ✕ | ✕ | ✕ | (73,261) | (51,961) | ||
| Net loss: | (222,677) | (103,113) | (73,261) | (51,961) | |||
| Net income attributable to noncontrolling interest | 135,116 | 71,473 | 42,708 | ||||
| Net loss available to common stockholders, diluted: | (87,561) | (31,640) | (30,553) | (51,961) | |||
Comprehensive Income ($ in thousands)
| 12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | 12/31/2020 | 12/31/2019 | ||
|---|---|---|---|---|---|---|---|
| Net loss: | (222,677) | (103,113) | (73,261) | (51,961) | |||
| Other comprehensive loss | (6) | (295) | (666) | ||||
| Comprehensive loss: | (222,683) | (103,408) | (73,927) | (51,961) | |||
| Comprehensive income, net of tax, attributable to noncontrolling interest | 135,120 | 71,704 | 43,109 | ||||
| Comprehensive loss, net of tax, attributable to parent: | (87,563) | (31,704) | (30,818) | (51,961) | |||
Statements Sources
The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.