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Goodwill | 12 Months Ended
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Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract] |
Goodwill | Note I – Goodwill The changes in the carrying amount of goodwill were as follows:
| Gross Goodwill |  | Accumulated Impairment |  | Net Goodwill
Balance of goodwill as of December 31, 2021 | $ | 96,314 |  |  | $ | — |  |  | $ | 96,314 |
Goodwill arising from the Space NV acquisition | 17,313 |  |  | — |  |  | 17,313 |
Impairment expense | — |  |  | (49,916) |  |  | (49,916) |
Change arising from impact of foreign currency | 907 |  |  | — |  |  | 907 |
Balance of goodwill as of December 31, 2022 | $ | 114,534 |  |  | $ | (49,916) |  |  | $ | 64,618 |
Measurement period adjustment - Space NV | 545 |  |  | — |  |  | 545 |
Change arising from impact of foreign currency | 808 |  |  | (214) |  |  | 594 |
Balance of goodwill as of December 31, 2023 | $ | 115,887 |  |  | $ | (50,130) |  |  | $ | 65,757 |
During the year ended December 31, 2023, the Company settled the net working capital adjustment with the seller and finalized its settlement with Redu Space Service SA/NV (“RSS”) related to the transfer of all maintenance and operations services (“M&O Services”) in April 2022 from Redu Operation Services SA/NV (“ROS”) to RSS, including personnel, and the termination of the subcontractor relationship between ROS and RSS. These settlements resulted in non-cash measurement period adjustments to the estimate of amounts receivable from the seller, accounts receivable, prepaid and other assets, accounts payable, accrued expenses, other current liabilities with a corresponding adjustment to goodwill as of the acquisition date. There was no impairment recognized related to goodwill during the year ended December 31, 2023. During the year ended December 31, 2022, the Company recognized impairment expense of $96.6 million, of which $49.9 million related to goodwill on the Mission Solutions reporting unit. Please refer to Note T – Impairment Expense for additional information related to this impairment.

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