KORE · As filed with the SEC

KORE Group Holdings balance sheet, by fiscal year

The statement as KORE Group Holdings presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

Consolidated Balance Sheets · USD thousands

USD thousands	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020
ASSETS
Current assets:
Cash	26,730	19,408	27,137	34,645	85,976	10,321
Accounts receivable, net	47,003	43,980	52,413	44,538	51,304	40,661
Inventories, net	3,170	6,653	8,215	10,051	15,470	5,842
Income taxes receivable	—	—	—	502	954	0
Prepaid expenses and other current assets	9,022	9,922	14,222	13,484	7,448	5,429
Total current assets	85,925	79,963	101,987	103,220	161,152	62,253
Noncurrent assets:
Restricted cash	268	293	300	362	367	372
Property and equipment, net	—	—	—	—	12,240,000	13,709,000
Property and equipment, net	6,744	9,052	10,956	11,899	—	—
Intangible assets, net	83,005	125,057	167,587	192,504	203,474	240,203
Goodwill	228,844	228,844	294,974	369,706	381,962	382,749
Operating lease right-of-use assets	1,513	8,412	9,367	10,019	—	—
Deferred tax assets	—	—	—	55	0	122
Other non-current assets	4,246	4,212	1,813	971	407	611
Total assets	410,545	455,833	586,984	688,736	759,602	700,019
LIABILITIES AND STOCKHOLDERS’ DEFICIT
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities:
Accounts payable	12,353	14,827	23,983	17,835	16,004	22,978
Accrued liabilities	38,095	31,849	23,421	15,793	21,311	17,209
Income taxes payable	—	—	—	207	467	244
Current portion of capital lease obligations	—	—	—	—	191,000	856,000
Deferred revenue	—	—	—	—	6,889,000	7,772,000
Affiliates of the Company	—	—	2,530	—	—	—
Current portion of operating lease liabilities	585	1,431	1,446	1,811	—	—
Deferred revenue	9,091	8,509	9,044	7,817	—	—
Current portion of long-term debt, net	1,850	1,850	2,411	5,345	3,326	3,161
Warrant liabilities to affiliates	10,029	7,624	—	—	—	—
Affiliates of the Company	—	—	11,664	—	—	—
Total current liabilities	72,003	66,090	74,499	48,808	48,188	52,220
Noncurrent liabilities:
Operating lease liabilities	1,279	8,278	9,446	9,275	—	—
Long-term debt, net	295,237	295,661	296,109	413,910	399,115	298,404
Deferred income tax liabilities, net	887	4,131	13,795	25,248	36,722	42,840
Due to related parties	—	—	—	—	0	1,615,000
Warrant liability	—	—	—	—	286,000	15,944,000
Capital lease obligations	—	—	—	—	264,000	508,000
Warrant liability	—	—	—	33	—	—
Accrued interest due to affiliate	47,907	23,798	—	—	—	—
Mandatorily redeemable preferred stock due to affiliate, net	143,912	142,776	—	—	—	—
Affiliates of the Company	—	—	141,594	—	—	—
Other liabilities	13,100	14,699	14,568	10,790	2,884	4,377
Total liabilities	574,325	555,433	550,011	508,064	487,459	415,908
Total temporary equity	—	—	—	—	—	263,895,000
Series A Preferred Stock	—	—	—	—	—	77,562,000
Series A1 Preferred Stock	—	—	—	—	—	78,621,000
Series B Preferred Stock	—	—	—	—	—	90,910,000
Series C Preferred Stock	—	—	—	—	—	16,802,000
Stockholders’ deficit:
Common stock, voting; par value $0.0001 per share; $315,000,000 shares authorized; $18,733,121 shares issued and $17,540,384 outstanding as of December 31, 2025, and 18,201,093 shares issued and 17,008,356 outstanding as of December 31, 2024	8	8	8	8	7	3
Additional paid in capital	470,612	468,711	461,069	435,292	413,646	135,616
Accumulated other comprehensive loss	(6,883)	(3,778)	(6,070)	(6,390)	(3,331)	(1,677)
Accumulated deficit	(624,332)	(561,356)	(415,280)	(248,238)	(138,179)	(113,726)
Treasury stock, at cost, 1,192,737 shares	(3,185)	(3,185)	(2,754)	—	—	—
Total stockholders’ deficit	(163,780)	(99,600)	36,973	180,672	272,143	20,216
Total liabilities and stockholders’ deficit	410,545	455,833	586,984	688,736	759,602	700,019

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.