Company: VSAT
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0000950170-25-016993
Chunk: 115

Company: VIASAT INC
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 2
Chunk 115
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 not yet resolved with federal, state and foreign tax authorities. However, if these provided amounts prove to be more than what is necessary, the reversal of the reserves would result in tax benefits being recognized in the period in which we determine that provision for the liabilities is no longer necessary. If an ultimate tax assessment exceeds our estimate of tax liabilities, an additional charge to expense would result. 

49

Results of Operations 

The following table presents, as a percentage of total revenues, income statement data for the periods indicated: 

    Three Months Ended

    Nine Months Ended

    December 31,2024

    December 31,2023

    December 31,2024

    December 31,2023

    Revenues:

    100
    %

    100
    %

    100
    %

    100
    %

    Service revenues

    72

    73

    72

    70

    Product revenues

    28

    27

    28

    30

    Operating expenses:

    Cost of service revenues

    47

    46

    47

    44

    Cost of product revenues

    21

    22

    20

    22

    Selling, general and administrative

    21

    24

    23

    52

    Independent research and development

    3

    4

    3

    3

    Amortization of acquired intangible assets

    6

    8

    6

    6

    Income (loss) from operations

    2

    (4
    )

    2

    (28
    )

    Interest (expense) income, net

    (7
    )

    (10
    )

    (7
    )

    (6
    )

    Income (loss) before income taxes

    (14
    )

    (14
    )

    (9
    )

    (35
    )

    (Provision for) benefit from income taxes

    1

    3

    —

    4

    Net income (loss)

    (13
    )

    (11
    )

    (9
    )

    (31
    )

    Net income (loss) attributable to Viasat, Inc.

    (14
    )

    (11
    )

    (10