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Revenue (Tables)

3 Months Ended

Mar. 31, 2024

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following table provides information about disaggregated revenue for the three months ended March 31, 2024 and 2023 (in thousands):

									Three Months Ended March 31,
															2024												2023
Revenue by Contract Type
Cost reimbursable																											$	42,040					58		%				$	—					—		%
Fixed price																											29,208						40		%				16,595						91		%
Time and materials																											1,820						2		%				1,641						9		%
Total																											$	73,068					100		%				$	18,236					100		%

Contract with Customer, Contract Asset, Contract Liability, and Receivable

The following table presents contract assets as of March 31, 2024 and December 31, 2023 (in thousands):

			March 31, 2024						December 31, 2023
Contract Assets
Unbilled receivables			$	13,289					$	6,146
Deferred contract costs			6,557						343
Total			$	19,846					$	6,489

The following table presents contract liabilities as of March 31, 2024 and December 31, 2023 (in thousands):

			March 31, 2024						December 31, 2023
Contract liabilities – current
Deferred revenue			$	19,184					$	22,926
Contract loss provision			7,760						9,567
Accrued launch costs			1,785						13,018
Total contract liabilities – current			28,729						45,511
Contract liabilities – long-term
Contract loss provision			3,610						—
Total contract liabilities – long-term			3,610						—
Total contract liabilities			$	32,339					$	45,511

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

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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

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- References

No definition available.

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