v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Income Statement [Abstract]        
Net sales $ 52,746 $ 45,674 $ 87,992 $ 80,181
Cost of sales 48,289 37,464 85,081 66,386
Gross profit 4,457 8,210 2,911 13,795
Operating expenses:        
Selling, general, and administrative 43,672 30,241 75,029 56,527
Research and development 7,336 502 14,847 4,542
Amortization of acquired intangibles 4,857 1,604 9,090 3,152
Loss from operations (51,408) (24,137) (96,055) (50,426)
Other income (expense):        
Loss on debt extinguishment 0 (7,804) 0 (7,804)
Finance and interest expense, net (1,905) (2,523) (4,019) (5,252)
Other income, net 2,372 1,480 6,415 2,617
Loss before income taxes (50,941) (32,984) (93,659) (60,865)
Income tax (benefit) expense (2,195) 81 1,031 129
Net loss (48,746) (33,065) (94,690) (60,994)
Net loss attributable to noncontrolling interests (2,256) (1,683) (4,217) (2,674)
Net loss attributable to Voyager Technologies, Inc. (46,490) (31,382) (90,473) (58,320)
Less: dividends accrued on preferred stock 0 5,258 0 11,259
Net loss available to common shareholders $ (46,490) $ (36,640) $ (90,473) $ (69,579)
Net loss per common share:        
Basic (in dollars per share) $ (0.79) $ (1.23) $ (1.55) $ (3.16)
Diluted (in dollars per share) $ (0.79) $ (1.23) $ (1.55) $ (3.16)
Weighted-average shares outstanding:        
Basic (in shares) 58,521,968 29,695,203 58,430,737 22,017,362
Diluted (in shares) 58,521,968 29,695,203 58,430,737 22,017,362