| Metric | FY2025 | FY2024 | FY2023 | FY2022 |
|---|---|---|---|---|
| Cash and cash equivalents | $148.5M-25.2% | $198.5M+164.3% | $75.1M-66.4% | $223.8M |
| Restricted cash | $52.5M+639.4% | $7.1M-81.6% | $38.7M-25.8% | $52.1M |
| Accounts receivable, net of allowance for credit losses of $4,610 and $9,762, respectively | $88.0M-9.2% | $96.9M-28.4% | $135.5M+207.0% | $44.1M |
| Due from T-Mobile, IP Transit Services Agreement, current portion, net of discount of $10,401 and $16,915, respectively | $89.6M+7.8% | $83.1M-53.7% | $179.3M | — |
| Due from T-Mobile, Transition Services Agreement | $119K+91.9% | $62K-98.6% | $4.5M | — |
| Prepaid expenses and other current assets | $67.7M-8.6% | $74.1M-8.0% | $80.6M+75.7% | $45.9M |
| Total current assets | $450.6M-6.5% | $482.1M-6.1% | $513.6M+40.4% | $365.9M |
| Property and equipment | $3.64B+9.7% | $3.32B+12.6% | $2.95B+71.9% | $1.71B |
| Accumulated depreciation and amortization | -$1.92B-16.1% | -$1.66B-17.5% | -$1.41B-20.4% | -$1.17B |
| Total property and equipment, net | $1.72B+3.4% | $1.66B+8.2% | $1.54B+182.5% | $544.4M |
| Right-of-use leased assets | $310.5M-4.3% | $324.3M-10.3% | $361.6M+343.1% | $81.6M |
| IPv4 intangible asset | $458.0M+0.0% | $458.0M+0.0% | $458.0M | — |
| Other intangible assets, net | $11.3M-13.6% | $13.0M-12.1% | $14.8M | — |
| Due from T-Mobile, IP Transit Services Agreement, net of discount of $2,255 and $12,122, respectively | $89.4M-50.2% | $179.5M-31.9% | $263.8M | — |
| Due from T-Mobile, Purchase Agreement, net of discount of $4,006 and $5,755, respectively | $24.1M+7.8% | $22.4M-42.1% | $38.6M | — |
| Deposits and other assets | $34.8M+17.7% | $29.6M+26.3% | $23.4M+28.5% | $18.2M |
| Total assets | $3.10B-2.3% | $3.17B-1.2% | $3.21B+217.9% | $1.01B |
| Accounts payable | $30.6M-23.2% | $39.8M-17.7% | $48.4M+77.7% | $27.2M |
| Accrued and other current liabilities | $109.6M-18.6% | $134.6M+11.7% | $120.5M+88.6% | $63.9M |
| Due to T-Mobile - Transition Services Agreement | $525K | — | $66.9M | — |
| Current maturities, operating lease liabilities | $54.6M-4.5% | $57.2M-15.9% | $68.0M+466.1% | $12.0M |
| Finance lease obligations, current maturities | $26.1M+23.0% | $21.2M-67.1% | $64.6M+275.9% | $17.2M |
| Total current liabilities | $220.8M-12.8% | $253.3M-32.1% | $373.3M+210.4% | $120.3M |
| Operating lease liabilities, net of current maturities | $269.8M-10.7% | $302.0M-8.5% | $330.1M+249.0% | $94.6M |
| Finance lease obligations, net of current maturities | $597.2M+15.5% | $517.2M+23.2% | $419.9M+46.3% | $287.0M |
| Deferred income tax liabilities | $333.3M-16.3% | $398.3M-15.5% | $471.5M+889.6% | $47.6M |
| Other long-term liabilities | $28.6M-28.8% | $40.1M-34.9% | $61.6M+76.2% | $35.0M |
| Total liabilities | $3.16B+7.2% | $2.95B+13.4% | $2.60B+70.2% | $1.53B |
| Common stock, $0.001 par value; 75,000,000 shares authorized; 50,062,158 and 49,034,925 shares issued and outstanding, respectively | $50K+2.0% | $49K+0.0% | $49K+2.1% | $48K |
| Additional paid-in capital | $643.3M+2.1% | $629.8M+3.8% | $606.8M+5.5% | $575.1M |
| Accumulated other comprehensive income (loss) | $1.4M+104.7% | -$30.7M-113.3% | -$14.4M+24.9% | -$19.2M |
| Accumulated deficit | -$708.6M-88.3% | -$376.3M-2296.1% | $17.1M+101.6% | -$1.07B |
| Total stockholders' (deficit) equity | -$63.8M-128.7% | $222.8M-63.4% | $609.6M+217.5% | -$518.6M |
| Total liabilities and stockholders' (deficit) equity | $3.10B-2.3% | $3.17B-1.2% | $3.21B+217.9% | $1.01B |
| Senior secured 2032 notes | ||||
| Secured notes | $371.5M+86.4% | $199.3M-60.0% | $498.5M+0.1% | $497.9M |
| Senior secured 2026 notes | ||||
| Senior unsecured 2027 notes | ||||
| Senior unsecured 2027 notes, net of unamortized debt costs of $1,236 and $2,013, respectively, and discounts of $4,344 and $7,053, respectively | $744.4M+0.5% | $740.9M+65.7% | $447.1M+0.2% | $446.4M |
| Secured IPv4 notes | ||||
Source: SEC EDGAR XBRL. % change vs prior period shown where available.
Source: SEC EDGAR 10-K and 10-Q filings. Up to 10 years annual / 16 quarters shown.