Company: KVHI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001007587-25-000012
Chunk: 49

Company: KVH INDUSTRIES INC \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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 issued under the ESPP, respectively. The Company recorded compensation charges related to the ESPP of $2 and $1 for the three months ended June 30, 2025 and 2024, respectively, and $4 and $6 for the six months ended June 30, 2025 and 2024, respectively.(c) Stock-Based Compensation ExpenseThe following table presents stock-based compensation expense, including expense for the ESPP, in the Company's consolidated statements of operations for the six months ended June 30, 2025 and 2024, respectively: Three Months Ended June 30,Six Months Ended June 30,2025202420252024Cost of service sales$6 $7 $13 $14 Cost of product sales5 5 10 14 Research and development41 174 (8)263 Sales, marketing and support77 74 154 145 General and administrative305 462 602 808 $434 $722 $771 $1,244 (d) Accumulated Other Comprehensive Loss (AOCL)Comprehensive income (loss) includes net income (loss), unrealized gains and losses from foreign currency translation, and unrealized gains and losses on available for sale marketable securities. The components of the Company’s comprehensive income (loss) and the effect on earnings for the periods presented are detailed in the accompanying consolidated statements of comprehensive income (loss).

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The balances for the three months ended June 30, 2025 and 2024 are as follows: Foreign Currency TranslationTotal Accumulated Other Comprehensive LossBalance, March 31, 2025$(3,310)$(3,310)Other comprehensive income278 278 Net other comprehensive income278 278 Balance, June 30, 2025$(3,032)$(3,032)Foreign Currency TranslationTotal Accumulated Other Comprehensive LossBalance, March 31, 2024$(3,956)$(3,956)Other comprehensive loss(35)(35)Net other comprehensive loss(35)(35)Balance, June 30, 2024$(3,991)$(3,991)

The balances for the six months ended June 30, 2025 and 2024 are as follows:Foreign Currency TranslationTotal Accumulated Other Comprehensive LossBalance, December 31, 2024$(4,032)$(4,032)Other comprehensive income1,000 1,000 Net other comprehensive income1,