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SEGMENTS
 6 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
SEGMENTS SEGMENTS
The Company’s Chief Operating Decision Maker reviews financial information presented based on a management approach for the purposes of making operating decisions, assessing financial performance and allocating resources. The Company manages its business primarily based upon two operating segments, launch services and space systems. Each of these operating segments represents a reportable segment. Launch Services provides launch and launch related services to customers on a dedicated mission or ride share basis. Space systems is predominately comprised of spacecraft components and spacecraft manufacturing. Although some of the Company’s contracts with customers contain elements of space systems and launch services, each reporting segment is managed separately to better align with customer’s needs and the Company’s growth plans. For contracts with customers that contain both space systems and launch services elements, revenues for each reporting segment are generally allocated based upon the overall costs incurred for each of the reporting segments in comparison to total overall costs of the contract. The following table shows information by reportable segment for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,
20252024
Launch
Services		Space
Systems		Launch
Services		Space
Systems
Revenues$46,646 $97,852 $29,357 $76,894 
Cost of revenues32,426 65,684 21,586 57,503 
Gross profit$14,220 $32,168 $7,771 $19,391 
Six Months Ended June 30,
20252024
Launch
Services		Space
Systems		Launch
Services		Space
Systems
Revenues$82,238 $184,829 $62,076 $136,942 
Cost of revenues60,801 124,631 45,898 101,784 
Gross profit$21,437 $60,198 $16,178 $35,158 
The following table shows information by reportable segment by products and services for the three and six months ended June 30, 2025 and 2024:
Three Months Ended June 30,
20252024
Launch
Services		Space
Systems		Launch
Services		Space
Systems
Products:
Revenues$— $92,725 $— $72,283 
Cost of revenues— 61,692 — 53,940 
Gross profit$— $31,033 $— $18,343 
Services:
Revenues$46,646 $5,127 $29,357 $4,611 
Cost of revenues32,426 3,992 21,586 3,563 
Gross profit$14,220 $1,135 $7,771 $1,048 
Six Months Ended June 30,
20252024
Launch
Services		Space
Systems		Launch
Services		Space
Systems
Products:
Revenues$— $173,529 $— $126,429 
Cost of revenues— 115,561 — 94,767 
Gross profit$— $57,968 $— $31,662 
Services:
Revenues$82,238 $11,300 $62,076 $10,513 
Cost of revenues60,801 9,070 45,898 7,017 
Gross profit$21,437 $2,230 $16,178 $3,496 
Management does not regularly review either reporting segment’s total assets or operating expenses. This is because in general, the Company’s long-lived assets, facilities, and equipment are shared by each reporting segment.