XML 88 R47.htm IDEA: XBRL DOCUMENT v3.24.1

Revenues (Tables)

12 Months Ended

Dec. 31, 2023

Revenue from Contract with Customer [Abstract]

Schedule of Revenues by Customer Grouping

The table below presents revenues by customer grouping for the following periods:

									Year Ended
															December 31, 2023						December 31, 2022
Civil space															$	102,594					$	63,003
National security															59,053						43,906
Commercial and other															82,153						53,640
Total revenues															$	243,800					$	160,549

The table below presents revenues based on the geographic location of the Company’s customers for the following periods:

									Year Ended
															December 31, 2023						December 31, 2022
U.S.															$	172,903					$	142,867
Europe															70,814						17,205
Other															83						477
Total revenues															$	243,800					$	160,549

The majority of the Company’s revenues are derived from government contracts. Customers comprising 10% or more of revenues are presented below for the following periods:

									Year Ended
															December 31, 2023						December 31, 2022
Customer A(1)															$	39,314					$	17,131
Customer B(1)															33,621						—
Customer C(1)															—						20,048
Customer D(1)															—						21,705
Total															$	72,935					$	58,884

(1) While revenue may have been generated during each of the periods presented, amounts are only disclosed for the periods in which revenues represented 10% or more of total revenue.

Schedule of Contract Assets and Contract Liabilities

The table below presents the contract assets and contract liabilities included on the consolidated balance sheets for the following periods:

			December 31, 2023						December 31, 2022
Contract assets			$	36,961					$	31,041
Contract liabilities			$	52,645					$	29,817

Schedule of EAC Adjustments

The below table summarizes the favorable (unfavorable) impact of the net EAC adjustments for the following periods:

									Year Ended
															December 31, 2023						December 31, 2022
Net EAC adjustments, before income taxes															$	(3,522)					$	(9,953)
Net EAC adjustments, net of income taxes															(3,459)						(9,376)
Net EAC adjustments, net of income taxes, per diluted share															(0.05)						(0.15)

X

- Definition

Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-10

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147479806/606-10-50-5

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the change in an accounting estimate, including a change that occurs in an interim period. If a change in accounting estimate affects several future periods (for example, a change in the service life of a depreciable asset) disclose the effect on income from continuing operations, net income (or other appropriate captions of changes in the applicable net assets or performance indicator), and any related per-share amounts of the current period. Disclosure of the effects of a change in an accounting estimate that occurs in the ordinary course of business (such as uncollectible accounts or inventory obsolescence) is not required, unless the effect is material.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 14
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147482989/270-10-45-14

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147483443/250-10-50-4

+ Details

Name:	us-gaap_ScheduleOfChangeInAccountingEstimateTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration