Company: KVHI
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001007587-25-000008
Chunk: 14

Company: KVH INDUSTRIES INC \DE\
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 14
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710)$(3,163)Other comprehensive loss, net of tax:Foreign currency translation adjustment722 229 Other comprehensive income, net of tax(1)722 229 Total comprehensive loss$(988)$(2,934)

(1) Tax impact was nominal for all periods.

See accompanying Notes to Unaudited Consolidated Financial Statements.5

KVH INDUSTRIES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY

(in thousands, unaudited)

 Common StockAdditionalPaid-inCapitalRetained DeficitAccumulatedOtherComprehensive LossTreasury StockTotalStockholders’Equity SharesAmountSharesAmountBalance at December 31, 202421,241 $212 $167,287 $(12,752)$(4,032)(1,456)$(12,090)$138,625 Net loss— — — (1,710)— — — (1,710)Other comprehensive income— — — — 722 — — 722 Stock-based compensation— — 337 — — — — 337 Acquisition of treasury stock— — — — — (31)(163)(163)Exercise of stock options and issuance of restricted stock awards, net of forfeitures(21)— — — — — — — Balance at March 31, 202521,220 $212 $167,624 $(14,462)$(3,310)(1,487)$(12,253)$137,811 

 Common StockAdditionalPaid-inCapitalRetained DeficitAccumulatedOtherComprehensive LossTreasury StockTotalStockholders’Equity SharesAmountSharesAmountBalance at December 31, 202321,067 $211 $165,140 $(1,704)$(4,185)(1,456)$(12,090)$147,372 Net loss— — — (3,163)— — — (3,163)Other comprehensive income— — — — 229 — — 229 Stock-based compensation— — 522 — — — — 522 Issuance of common stock under employee stock purchase plan24 — 95 — — — — 95 Exercise of stock options and issuance