Company: KVHI
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001007587-25-000022
Chunk: 40

Company: KVH INDUSTRIES INC \DE\
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 40
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51 146 126 Net loss$(6,934)$(1,199)$(7,714)$(6,738)Net loss per common shareBasic$(0.36)$(0.06)$(0.40)$(0.35)Diluted$(0.36)$(0.06)$(0.40)$(0.35)Weighted average number of common shares outstanding:Basic19,361 19,433 19,418 19,367 Diluted19,361 19,433 19,418 19,367 

See accompanying Notes to Unaudited Consolidated Financial Statements.4

KVH INDUSTRIES, INC. AND SUBSIDIARIES

CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(in thousands, unaudited)

Three Months EndedNine Months Ended September 30,September 30, 2025202420252024Net loss$(6,934)$(1,199)$(7,714)$(6,738)Other comprehensive (loss) income, net of tax:Foreign currency translation adjustment(676)134 324 328 Other comprehensive (loss) income, net of tax(1)(676)134 324 328 Total comprehensive loss$(7,610)$(1,065)$(7,390)$(6,410)

(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 June 30, 202521,224 $212 $168,082 $(13,532)$(3,032)(1,698)$(13,346)$138,384 Net loss— — — (6,934)— — — (6,934)Other comprehensive loss— — — — (676)— — (676)Stock-based compensation— — 366 — — — — 366 Issuance of common stock under employee stock purchase plan4 — 17 — — — — 17 Acquisition