Iridium Communications Q1 2025: Assets vs Liabilities
Ticker: IRDM · Form: 10-Q · Filed: Apr 22, 2025 · CIK: 1418819
Sentiment: bearish
Topics: financials, 10-Q, liabilities
TL;DR
IRDM Q1 2025: Assets $108.7M, Liabilities $110.4M. Service revenue $108.2M.
AI Summary
Iridium Communications Inc. filed its 10-Q for the period ending March 31, 2025. The company reported total assets of $108,733,000 and total liabilities of $110,357,000 for the first quarter of 2025. Revenue from services was $108,160,324 for the same period.
Why It Matters
This filing provides a snapshot of Iridium's financial health at the end of Q1 2025, showing a slight deficit in assets compared to liabilities.
Risk Assessment
Risk Level: medium — The company has more liabilities than assets as of March 31, 2025, which could indicate financial strain.
Key Numbers
- $108.7B — Total Assets (As of March 31, 2025)
- $110.4B — Total Liabilities (As of March 31, 2025)
- $108.2B — Service Revenue (For the period ending March 31, 2025)
Key Players & Entities
- Iridium Communications Inc. (company) — Filer of the 10-Q
- 20250331 (date) — End of reporting period
- $108,733,000 (dollar_amount) — Total assets as of March 31, 2025
- $110,357,000 (dollar_amount) — Total liabilities as of March 31, 2025
- $108,160,324 (dollar_amount) — Service revenue for Q1 2025
FAQ
What was Iridium Communications Inc.'s total service revenue for the first quarter of 2025?
Iridium Communications Inc. reported service revenue of $108,160,324 for the period from January 1, 2025, to March 31, 2025.
What were the total assets of Iridium Communications Inc. as of March 31, 2025?
As of March 31, 2025, Iridium Communications Inc. had total assets of $108,733,000.
What were the total liabilities of Iridium Communications Inc. as of March 31, 2025?
As of March 31, 2025, Iridium Communications Inc. had total liabilities of $110,357,000.
What is the filing date of this 10-Q for Iridium Communications Inc.?
This 10-Q filing for Iridium Communications Inc. was filed on April 22, 2025.
What was the company's revenue from Subscription and Circulation for Q1 2025?
The filing indicates revenue from Subscription and Circulation for the period January 1, 2025, to March 31, 2025, but the specific dollar amount is not directly provided in the extracted text, only the category is mentioned.
Filing Details
This Form 10-Q (Form 10-Q) was filed with the SEC on April 22, 2025 regarding Iridium Communications Inc. (IRDM).