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Segment Information (Tables)

12 Months Ended

Jul. 31, 2024

Segment Reporting [Abstract]

Segment reconciliation

Operating segment information, along with a reconciliation of segment net income (loss) and consolidated net income (loss) to Adjusted EBITDA is presented in the tables below:

						Fiscal Year Ended July 31, 2024
						Satellite and Space Communications						Terrestrial and Wireless Networks						Unallocated						Total
Net sales						$	324,069,000					216,334,000						—						$	540,403,000
Operating (loss) income						$	(54,202,000)					21,670,000						(47,358,000)						$	(79,890,000)
Net (loss) income						$	(55,491,000)					20,955,000						(65,449,000)						$	(99,985,000)
Provision for (benefit from) income taxes						666,000						669,000						(1,630,000)						(295,000)
Interest expense						25,000						—						22,128,000						22,153,000
Interest (income) and other						598,000						46,000						34,000						678,000
Write-off of deferred financing costs						—						—						1,832,000						1,832,000
Change in fair value of warrants and   derivatives						—						—						(4,273,000)						(4,273,000)
Amortization of stock-based compensation						—						—						6,096,000						6,096,000
Amortization of intangibles						6,685,000						14,469,000						—						21,154,000
Depreciation						3,867,000						7,927,000						365,000						12,159,000
Impairment of long-lived assets, including   goodwill						64,525,000						—						—						64,525,000
Amortization of cost to fulfill assets						960,000						—						—						960,000
CEO transition costs						—						—						2,916,000						2,916,000
Restructuring costs						3,822,000						605,000						8,043,000						12,470,000
Strategic emerging technology costs						4,110,000						—						—						4,110,000
Loss on business divestiture						—						—						1,199,000						1,199,000
Adjusted EBITDA						$	29,767,000					44,671,000						(28,739,000)						$	45,699,000
Purchases of property, plant and equipment						$	2,890,000					8,569,000						1,624,000						$	13,083,000
Total assets at July 31, 2024						$	421,780,000					456,425,000						34,229,000						$	912,434,000

						Fiscal Year Ended July 31, 2023
						Satellite and Space Communications						Terrestrial and Wireless Networks						Unallocated						Total
Net sales						$	337,756,000					212,238,000						—						$	549,994,000
Operating income (loss)						$	15,041,000					12,323,000						(42,024,000)						$	(14,660,000)
Net income (loss)						$	15,539,000					12,297,000						(54,735,000)						$	(26,899,000)
Benefit from income taxes						(1,724,000)						(193,000)						(2,031,000)						(3,948,000)
Interest expense						2,000						—						14,959,000						14,961,000
Interest (income) and other						1,224,000						219,000						(217,000)						1,226,000
Amortization of stock-based compensation						—						—						10,107,000						10,107,000
Amortization of intangibles						7,312,000						14,084,000						—						21,396,000
Depreciation						4,121,000						7,637,000						164,000						11,922,000
Amortization of cost to fulfill assets						959,000						—						—						959,000
Restructuring costs						5,725,000						1,220,000						3,907,000						10,852,000
Strategic emerging technology costs						3,833,000						—						—						3,833,000
CEO transition costs						—						—						9,090,000						9,090,000
Adjusted EBITDA						$	36,991,000					35,264,000						(18,756,000)						$	53,499,000
Purchases of property, plant and equipment						$	7,244,000					10,075,000						992,000						$	18,311,000
Total assets at July 31, 2023						$	515,449,000					460,034,000						20,754,000						$	996,237,000

						Fiscal Year Ended July 31, 2022
						Satellite and Space Communications						Terrestrial and Wireless Networks						Unallocated						Total
Net sales						$	279,678,000					206,561,000						—						$	486,239,000
Operating (loss) income						$	(5,671,000)					18,925,000						(47,006,000)						$	(33,752,000)
Net (loss) income						$	(3,852,000)					18,796,000						(47,996,000)						$	(33,052,000)
(Benefit from) provision for income taxes						(1,120,000)						19,000						(2,922,000)						(4,023,000)
Interest expense						98,000						—						4,933,000						5,031,000
Interest (income) and other						(797,000)						110,000						(16,000)						(703,000)
Change in fair value of convertible    preferred stock purchase option liability						—						—						(1,005,000)						(1,005,000)
Amortization of stock-based compensation						—						—						7,767,000						7,767,000
Amortization of intangibles						7,312,000						14,084,000						—						21,396,000
Depreciation						4,049,000						6,069,000						196,000						10,314,000
Amortization of cost to fulfill assets						469,000						—						—						469,000
Restructuring costs						5,666,000						—						299,000						5,965,000
COVID-19 related costs						1,105,000						—						—						$	1,105,000
Strategic emerging technology costs						1,197,000						—						—						$	1,197,000
CEO transition costs						—						—						13,554,000						13,554,000
Proxy solicitation costs						—						—						11,248,000						11,248,000
Adjusted EBITDA						$	14,127,000					39,078,000						(13,942,000)						$	39,263,000
Purchases of property, plant and equipment						$	8,915,000					10,704,000						—						$	19,619,000
Total assets at July 31, 2022						$	487,235,000					461,443,000						25,619,000						$	974,297,000

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-25

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-22

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482810/280-10-50-30

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- References

No definition available.

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