$UTSI
UTSTARCOM INC
CIK:0001030471|SEC Filings
CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|
Dec. 31, 2025 |
Dec. 31, 2024 |
Dec. 31, 2023 |
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| Net sales | |||||||
| Net sales | [1] | $ 8,978 | $ 10,878 | $ 15,753 | |||
| Cost of net sales | |||||||
| Cost of net sales | 7,927 | 7,972 | 11,363 | ||||
| Gross profit | 1,051 | 2,906 | 4,390 | ||||
| Operating expenses: | |||||||
| Selling, general and administrative | [2] | 4,964 | 5,152 | 5,318 | |||
| Research and development | 4,644 | 5,085 | 5,881 | ||||
| Total operating expenses | 9,608 | 10,237 | 11,199 | ||||
| Operating loss | (8,557) | (7,331) | (6,809) | ||||
| Interest income | 2,241 | 2,791 | 2,208 | ||||
| Other income (expense), net (including related parties amounts of nil, $32 and nil for the years ended December 31, 2025, 2024 and 2023, respectively) | (12) | 855 | 2,024 | ||||
| Loss before income taxes | (6,328) | (3,685) | (2,577) | ||||
| Income tax expense | (1,622) | (683) | (1,274) | ||||
| Net loss | $ (7,950) | $ (4,368) | $ (3,851) | ||||
| Net loss per share Basic | $ (0.87) | $ (0.48) | $ (0.42) | ||||
| Net loss per share Diluted | $ (0.87) | $ (0.48) | $ (0.42) | ||||
| Weighted average shares outstanding-Basic | 9,190 | 9,150 | 9,113 | ||||
| Weighted average shares outstanding-Diluted | 9,190 | 9,150 | 9,113 | ||||
| Net loss | $ (7,950) | $ (4,368) | $ (3,851) | ||||
| Other comprehensive loss, net of tax | |||||||
| Net change in cumulative translation adjustment | (891) | (1,906) | (2,527) | ||||
| Comprehensive loss | (8,841) | (6,274) | (6,378) | ||||
| Products | |||||||
| Net sales | |||||||
| Net sales | [1] | 751 | 1,406 | 4,594 | |||
| Cost of net sales | |||||||
| Cost of net sales | 1,401 | 1,223 | 3,666 | ||||
| Services | |||||||
| Net sales | |||||||
| Net sales | [1] | 8,227 | 9,472 | 11,159 | |||
| Cost of net sales | |||||||
| Cost of net sales | $ 6,526 | $ 6,749 | $ 7,697 | ||||
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