Company: KVHI
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0001007587-25-000012
Chunk: 38

Company: KVH INDUSTRIES INC \DE\
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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)$(5,539)Net income (loss) per common shareBasic$0.05 $(0.12)$(0.04)$(0.29)Diluted$0.05 $(0.12)$(0.04)$(0.29)Weighted average number of common shares outstanding:Basic19,401 19,381 19,446 19,333 Diluted19,441 19,381 19,446 19,333 

See accompanying Notes to Unaudited Consolidated Financial Statements.4

KVH INDUSTRIES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)

(in thousands, unaudited)

Three Months EndedSix Months Ended June 30,June 30, 2025202420252024Net income (loss)$930 $(2,376)$(780)$(5,539)Other comprehensive income (loss), net of tax:Foreign currency translation adjustment278 (35)1,000 194 Other comprehensive income (loss), net of tax(1)278 (35)1,000 194 Total comprehensive income (loss)$1,208 $(2,411)$220 $(5,345)

(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 March 31, 202521,220 $212 $167,624 $(14,462)$(3,310)(1,487)$(12,253)$137,811 Net income— — — 930 — — — 930 Other comprehensive income— — — — 278 — — 278 Stock-based compensation— — 434 — — — — 434 Acquisition of treasury stock— — — — — (211)(1,093)(1,093)Exercise of stock options and issuance of restricted stock awards, net of forfeitures4 — 24 — —