Company: VSAT
Filing Date: 2025-05-27
Form Type: 10-K
Source: 0000950170-25-077138
Chunk: 75

Company: VIASAT INC
Filing Date: 2025-05-27
Form: 10-K
Item: Item 6
Chunk 75
---

     —

     (5,510
     )

     —

     —

     —

     (5,510
     )

     Other noncontrolling interest activity

     —

     —

     —

     —

     —

     (182
     )

     (182
     )

     Net income (loss)

     —

     —

     —

     (574,962
     )

     —

     43,837

     (531,125
     )

     Other comprehensive income (loss),   net of tax

     —

     —

     —

     —

     (25,643
     )

     —

     (25,643
     )

     Balance at March 31, 2025

     130,210,407

     $
     13

     $
     4,926,259

     $
     (325,530
     )
      
     $
     (46,911
     )
      
     $
     90,729

     $
     4,644,560

    See accompanying notes to the consolidated financial statements. 

F-6

VIASAT, INC.NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTSNote 1 — The Company and a Summary of Its Significant Accounting Policies The Company Viasat, Inc. (also referred to hereafter as the “Company” or “Viasat”) is an innovative, global provider of communications technologies and services focused on making connectivity accessible, available and secure for current and future customers worldwide. Principles of consolidation The Company’s consolidated financial statements include the assets, liabilities and results of operations of Viasat, its wholly owned subsidiaries and its majority-owned subsidiary, TrellisWare Technologies, Inc. (TrellisWare). In fiscal year 2024, the Company completed the acquisition of Connect Topco Limited, a private company limited by shares and incorporated in Guernsey (Inmarsat Holdings and, together with its subsidiaries, are referred to herein as Inmarsat, and such acquisition, the Inmarsat Acquisition). The Inmarsat Acquisition was accounted for as a purchase and accordingly, the consolidated financial statements include the operating results of Inmarsat from the date of acquisition. All significant intercompany amounts have been eliminated. Investments in entities in which the Company can exercise significant influence, but does not own a majority equity interest or otherwise control, are accounted for using the equity method and are included as investment in unconsolidated affiliate in other assets (long-term) in the consolidated balance sheets.Certain prior