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
ASSETS
Current assets:
Cash	26,730	19,408	27,137	34,645
Accounts receivable, net	47,003	43,980	52,413	44,538
Inventories, net	3,170	6,653	8,215	10,051
Income taxes receivable	—	—	—	502
Prepaid expenses and other current assets	9,022	9,922	14,222	13,484
Total current assets	85,925	79,963	101,987	103,220
Noncurrent assets:
Restricted cash	268	293	300	362
Property and equipment, net	6,744	9,052	10,956	11,899
Intangible assets, net	83,005	125,057	167,587	192,504
Goodwill	228,844	228,844	294,974	369,706
Operating lease right-of-use assets	1,513	8,412	9,367	10,019
Deferred tax assets	—	—	—	55
Other non-current assets	4,246	4,212	1,813	971
Total assets	410,545	455,833	586,984	688,736
LIABILITIES AND STOCKHOLDERS’ DEFICIT
LIABILITIES AND STOCKHOLDERS’ DEFICIT
Current liabilities:
Accounts payable	12,353	14,827	23,983	17,835
Accrued liabilities	38,095	31,849	23,421	15,793
Income taxes payable	—	—	—	207
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
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
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
Deferred income tax liabilities, net	887	4,131	13,795	25,248
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
Total liabilities	574,325	555,433	550,011	508,064
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
Additional paid in capital	470,612	468,711	461,069	435,292
Accumulated other comprehensive loss	(6,883)	(3,778)	(6,070)	(6,390)
Accumulated deficit	(624,332)	(561,356)	(415,280)	(248,238)
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
Total liabilities and stockholders’ deficit	410,545	455,833	586,984	688,736

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