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Revenue (Tables)
 12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of revenue disaggregated by product and services
The following table discloses revenue disaggregated by type of product and service (amounts in thousands):
Year Ended December 31,
202320222021
Service revenue:
Subscriber services
Duplex$25,932 $29,222 $31,197 
SPOT44,184 45,670 46,040 
Commercial IoT22,867 19,516 17,951 
Wholesale capacity services109,067 34,913 8,945 
Engineering and other services2,146 2,747 2,331 
Total service revenue204,196 132,068 106,464 
Subscriber equipment sales:
SPOT7,724 5,888 9,427 
Commercial IoT11,866 10,132 7,169 
Other22 416 1,237 
Total subscriber equipment sales19,612 16,436 17,833 
Total revenue$223,808 $148,504 $124,297 
 Revenue does not reflect our intercompany transactions; such intercompany transactions reflect globally accepted transfer pricing principles and align profits with the business operations and functions of the various legal entities in our international business. The following table discloses revenue disaggregated by geographical market (amounts in thousands):
Year Ended December 31,
202320222021
Service revenue:
United States$170,621 $99,735 $75,053 
Canada16,058 17,421 17,913 
Europe6,856 6,428 7,300 
Central and South America9,978 7,961 5,447 
Others683 523 751 
Total service revenue204,196 132,068 106,464 
Subscriber equipment sales:
United States$8,599 $7,981 $10,238 
Canada5,153 4,740 3,029 
Europe2,985 1,870 2,018 
Central and South America2,863 1,793 2,487 
Others12 52 61 
Total subscriber equipment sales19,612 16,436 17,833 
Total revenue$223,808 $148,504 $124,297 
Schedule of accounts receivable and contract liabilities The Company's receivable balances by type and classification are presented in the table below net of allowance for credit losses and may include amounts related to earned but unbilled receivables (amounts in thousands):
As of December 31,
20232022
Accounts receivable, net of allowance for credit losses
Subscriber accounts receivable$14,474 $14,850 
Wholesale capacity accounts receivable33,521 7,234 
Agency agreement accounts receivable748 4,245 
Total accounts receivable, net of allowance for credit losses$48,743 $26,329 
Long-term wholesale capacity accounts receivable— 16,100 
Total accounts receivable (short-term and long-term), net of allowance for credit losses$48,743 $42,429 
The Company's contract liabilities by type and classification are presented in the table below (amounts in thousands).
As of December 31,
20232022
Short-term contract liabilities
Subscriber contract liabilities$22,816 $21,987 
Wholesale capacity contract liabilities30,861 52,652 
Total short-term contract liabilities$53,677 $74,639 
Long-term contract liabilities
Subscriber contract liabilities$1,632 $1,704 
Wholesale capacity contract liabilities, net of contract asset1,581 61,173 
Total long-term contract liabilities$3,213 $62,877 
Total contract liabilities$56,890 $137,516 
The components of wholesale capacity contract liabilities are presented in the table below (amounts in thousands).
As of December 31,
20232022
Wholesale capacity contract liabilities, net:
Advanced payments for services expected to be performed with the second-generation satellite constellation during Phase 1 (2)
$5,219 $99,671 
Additional consideration associated with the 2021 and 2023 Funding Agreements (3)
16,104 — 
Advanced payments for services expected to be performed with the ground spare satellite launched in June 2022 during Phases 1 and 2
23,673 25,438 
Advanced payments contractually owed for services expected to be performed with the next-generation satellite constellation prior to the Phase 2 Service Period
14,204 22,540 
Advanced payments for the Phase 1 service fee and service-related operating expenses and capital expenditures
19,907 18,872 
Contract asset (1)
(46,665)(52,696)
Wholesale capacity contract liabilities, net$32,442 $113,825 
(1)In November 2022, the Company issued Warrants with an initial fair value at the time of issuance of $48.3 million and recorded in equity with an offset to a contract asset on the Company's consolidated balance sheets. The fair value of the Warrants is recorded as a reduction to revenue over the period in which the Company performs its performance obligations through the estimated completion of the contract term, consistent with the period in which the customer benefits from the services provided.
(2)During 2021, the Company received payments from Partner totaling $94.2 million (the "2021 Funding Agreement"). In February 2023, the Service Agreements were amended. This amendment, which was effective in April 2023, changed certain terms in the 2021 Funding Agreement, resulting in $88.0 million previously recorded as deferred revenue being re-characterized as debt. See further discussion in Note 6: Long-Term Debt and Other Financing Arrangements.
(3)In connection with the Company recording the fair value of its financial obligations in the amended 2021 and 2023 Funding Agreements, it recorded a debt discount of $11.6 million and $4.5 million, respectively, representing the difference between the present value of the future principal payments discounted using the prevailing market rate at the date of issuance of the debt and the effective rate. The offset was recorded to deferred revenue and is being recognized into revenue over the Phase 1 and 2 Service Periods, respectively.