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● Cumulative secured note repurchases reached $138.8 million of par through July 31.
● Net income was $48,000 versus $65,000 a year earlier.
● The securedCreditagreement matures in November 2026 and the company is in default.
● The SpaceX deal totals $17 billion, with closing expected around November 30, 2027.
● Cash fell to $63.1 million after a $40.0 million earn-out payment.
● Second quarter 2026Revenuewas $64.8 million with adjusted EBITDA of $26.0 million.
● National Retail Solutions fourth quarter revenue rose 31% to $45.0 million.
● The company still targets $430 million of 2026 revenue.
● Iridium closed the AireonAcquisitionon July 2, 2026.
● The company ended the period with $103.7 million of cash and no debt.
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