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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Revenue:        
Total revenue $ 57,683 $ 37,626 $ 171,399 $ 107,198
Operating expenses:        
Marketing, general and administrative 12,090 8,607 31,843 25,166
Stock-based compensation 4,346 2,100 10,638 4,575
Reduction in the value of long-lived assets 35 166,001 35 166,526
Depreciation, amortization and accretion 21,865 24,238 65,688 72,151
Total operating expenses 55,666 224,267 159,571 318,907
Income (loss) from operations 2,017 (186,641) 11,828 (211,709)
Other (expense) income:        
Loss on extinguishment of debt 0 0 (10,403) 0
Interest income and expense, net of amounts capitalized (3,945) (7,583) (11,047) (24,300)
Foreign currency loss (4,151) (9,406) (206) (13,297)
Derivative gain (loss) and other 25 (884) 373 (2,223)
Total other expense (8,071) (17,873) (21,283) (39,820)
Loss before income taxes (6,054) (204,514) (9,455) (251,529)
Income tax expense (benefit) 115 (153) 185 51
Net loss (6,169) (204,361) (9,640) (251,580)
Other comprehensive loss:        
Foreign currency translation adjustments 2,503 6,613 (233) 11,249
Defined benefit pension plan liability adjustment 0 2,073 0 2,073
Comprehensive loss (3,666) (195,675) (9,873) (238,258)
Net loss attributable to common shareholders (Note 11) $ (8,842) $ (204,361) $ (17,572) $ (251,580)
Net loss per common share:        
Basic (in dollars per share) $ 0.00 $ (0.11) $ (0.01) $ (0.14)
Diluted (in dollars per share) $ (0.00) $ (0.11) $ (0.01) $ (0.14)
Weighted-average shares outstanding:        
Basic (in shares) 1,836,251 1,800,504 1,820,582 1,799,364
Diluted (in shares) 1,836,251 1,800,504 1,820,582 1,799,364
Service revenue        
Revenue:        
Total revenue $ 53,643 $ 33,301 $ 155,245 $ 95,693
Operating expenses:        
Cost of goods and services 13,872 11,294 37,938 32,783
Subscriber equipment sales        
Revenue:        
Total revenue 4,040 4,325 16,154 11,505
Operating expenses:        
Cost of goods and services 3,458 3,490 13,429 9,153
Cost of subscriber equipment sales - reduction in the value of inventory $ 0 $ 8,537 $ 0 $ 8,553