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REVENUES (Tables)

12 Months Ended

Dec. 31, 2021

Revenue from Contract with Customer [Abstract]

Reconciliation of Disaggregation of Revenue

The following tables provide information about disaggregated revenue and a reconciliation of the disaggregated revenue during the years ended December 31, 2021 and 2020:

		Year Ended December 31, 2021
		Launch Services				Space Systems				Total
Revenues by recognition model
Point-in-time		$	36,576			$	12,578			$	49,154
Over-time			2,395				10,688				13,083
Total revenue by recognition model		$	38,971			$	23,266			$	62,237
		Year Ended December 31, 2020
		Launch Services				Space Systems				Total
Revenues by recognition model
Point-in-time		$	31,993			$	1,910			$	33,903
Over-time			1,092				165				1,257
Total revenue by recognition model		$	33,085			$	2,075			$	35,160

Balances Related to Enforceable Contracts

The following table presents the balances related to enforceable contracts as of December 31, 2021 and 2020:

		December 31,
		2021				2020
Contract balances
Accounts receivable		$	13,957			$	2,730
Contract assets			2,490				2,045
Contract liabilities			59,749				26,132

Changes in Contract Liabilities

Changes in contract liabilities were as follows:

		2021				2020
Contract liabilities, beginning of year		$	26,132			$	10,211
Contract liabilities assumed at acquisition			5,560				—
Customer advances received			41,614				24,694
Recognition of unearned revenue			(13,557	)			(8,773	)
Contract liabilities, end of year		$	59,749			$	26,132

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- Definition

Contract with customer asset and liability subject to change.

+ References

No definition available.

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- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045

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- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045

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