XML 39 R31.htm IDEA: XBRL DOCUMENT v3.26.1
Revenue (Tables)
3 Months Ended
Mar. 31, 2026
Revenue from Contract with Customer [Abstract]  
Schedule of Disaggregated Revenue

The following table presents revenue disaggregated by type for the three months ended March 31, 2026 and 2025:

 

 

For the Three Months Ended March 31,

 

 

 

2026

 

 

2025

 

Launch revenue

 

$

13,252

 

 

$

5,170

 

Spacecraft Solutions revenue

 

 

67,627

 

 

 

50,685

 

Total revenue

 

$

80,879

 

 

$

55,855

 

 

Schedule of Contract Assets

Contract assets consisted of the following:

 

 

March 31, 2026

 

 

December 31, 2025

 

Unbilled receivables

 

$

23,262

 

 

$

16,117

 

Retainage

 

 

855

 

 

 

879

 

Total contract assets

 

$

24,117

 

 

$

16,996

 

Schedule of Deferred Revenue

Deferred revenue consisted of the following:

 

 

March 31, 2026

 

 

December 31, 2025

 

Launch

 

$

71,125

 

 

$

77,843

 

Spacecraft Solutions

 

 

127,639

 

 

 

130,857

 

Total deferred revenue

 

$

198,764

 

 

$

208,700