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Revenue | 3 Months Ended
--- | ---
Mar. 31, 2026
Revenue from Contract with Customer [Abstract] |
Revenue | 5. Revenue Disaggregation of Revenue The Company generates revenue from the sale of space-based intelligence & AI services, mission solutions, and advanced technology programs, primarily to domestic and international government agencies. The approximate revenue based on the geographic location of end customers was as follows for the three months ended March 31, 2026 and 2025:
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2026 |  | 2025
|  |  |  |  |  | (in thousands)
United States |  |  |  |  |  | $ | 9,790 |  |  | $ | 11,820 |
Rest of world |  |  |  |  |  | 10,984 |  |  | 17,724 |
Total revenue |  |  |  |  |  | $ | 20,774 |  |  | $ | 29,544 |
The Company has a concentration of contractual revenue arrangements with the U.S. federal government and agencies as well as with international governments. For the three months ended March 31, 2026 and 2025, the rest of world had one and two countries, respectively, that generated 10% or more of the Company's total revenue. For the three months ended March 31, 2026 and 2025, the Company had the following customers whose revenue balances individually represented 10% or more of the Company’s total revenue:
|  |  |  |  |  |  |  | Revenue
|  |  |  |  |  | Three Months Ended March 31,
Customer |  | Geographic Area(1) |  |  |  |  |  | 2026 |  | 2025
U.S. federal government and agencies |  | United States |  |  |  |  |  | 45% |  | 40%
Customer B |  | Rest of world |  |  |  |  |  | 22% |  | 15%
Customer C |  | Rest of world |  |  |  |  |  | * |  | 33%
* Revenue from these customers were less than 10% of total revenue during the period. (1) Each customer whose revenue balances balance individually represented 10% or more of the Company’s total revenue relates to a unique country. As of March 31, 2026 and December 31, 2025, the Company had the following customers whose accounts receivable balances individually represented 10% or more of the Company’s total accounts receivable:
|  |  |  |  |  | Accounts Receivable
|  |  |  |  |  | As of March 31, |  | As of December 31,
Customer |  | Geographic Area(1) |  |  |  |  |  | 2026 |  | 2025
Customer D |  | Rest of world |  |  |  |  |  | 65% |  | 50%
Customer E |  | Rest of world |  |  |  |  |  | 12% |  | 11%
(1) Each customer whose accounts receivable balance individually represented 10% or more of the Company’s total accounts receivable relates to a unique country. Revenue from categories of end customers for the three months ended March 31, 2026 and 2025 was as follows:
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2026 |  | 2025
|  |  |  |  |  | (in thousands)
U.S. federal government and agencies |  |  |  |  |  | $ | 9,245 |  |  | $ | 11,687 |
International governments |  |  |  |  |  | 10,704 |  |  | 17,126 |
Commercial and other |  |  |  |  |  | 825 |  |  | 731 |
Total revenue |  |  |  |  |  | $ | 20,774 |  |  | $ | 29,544 |

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- Definition The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 7 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-7 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 9 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-9 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -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 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 15 -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-15 Reference 5: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 6: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 7: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (c) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 8: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 9: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 12 -Subparagraph (e) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-12 Reference 10: http://www.xbrl.org/2003/role/disclosureRef -Topic 606 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 13 -Subparagraph (b)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479806/606-10-50-13 Reference 11: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 606 -Publisher FASB -URI https://asc.fasb.org/606/tableOfContent + Details
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