Company: VSAT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016993
Chunk: 3

Company: VIASAT INC
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 1
Chunk 3
---
) attributable to   Viasat, Inc.
     
    $
    (195,342
    )
     
    $
    (102,708
    )
     
    $
    (366,656
    )
     
    $
    (949,072
    )

See accompanying notes to the condensed consolidated financial statements. 

4

VIASAT, INC. 

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS 

(UNAUDITED) 

    Nine Months Ended

    December 31, 2024

    December 31, 2023

    (In thousands)

    Cash flows from operating activities:

    Net income (loss)
     
    $
    (290,390
    )
     
    $
    (962,014
    )

    Adjustments to reconcile net income (loss) to net cash provided by operating activities:

    Depreciation

    779,675

    598,052

    Amortization of intangible assets

    243,950

    246,918

    Stock-based compensation expense

    63,468

    65,669

    Loss (gain) on extinguishment of debt, net

    99,814

    —

    Satellite impairment and disposition of fixed assets losses, net

    52,934

    858,010

    Deferred income taxes and other non-cash adjustments

    (88,707
    )

    (111,293
    )

    Increase (decrease) in cash resulting from changes in operating   assets and liabilities, net of effect of acquisition:

    Accounts receivable

    (11,158
    )

    (60,618
    )

    Inventories

    (2,345
    )

    (53,929
    )

    Other assets

    2,027

    58,090

    Accounts payable

    (6,889
    )

    4,172

    Accrued liabilities

    (67,269
    )

    (80,895
    )

    Other liabilities

    (165,366
    )

    (105,952
    )

    Net cash provided by (used in) operating activities

    609,744

    456,210

    Cash flows from investing activities:

    Purchase of property, equipment and satellites, and other assets

    (782,459
    )

    (1,161,490