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v3.25.1

Property and Equipment | 12 Months Ended
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Dec. 31, 2024
Property, Plant and Equipment [Abstract] |
Property and Equipment | Property and Equipment Property and equipment, net consists of the following:
| Estimated Useful Life (in years) |  | December 31,
|  | 2024 |  | 2023
Satellites and other equipment | 3-5 |  | $ | 30,668 |  |  | $ | 68,184 |
Satellites under construction | Not applicable |  | 14,458 |  |  | 17,506 |
Leasehold improvements | 5-10 |  | 2,901 |  |  | 7,624 |
Other property and equipment | 3-10 |  | 4,307 |  |  | 4,241 |
Total property and equipment |  |  | 52,334 |  |  | 97,555 |
Less: Accumulated depreciation |  |  | (25,106) |  |  | (56,425) |
Property and equipment, net |  |  | $ | 27,228 |  |  | $ | 41,130 |
Provisions for depreciation are based on estimated useful lives of the assets using the straight-line method. Information related to our property and equipment and operating lease ROU assets by geography is as follows:
| December 31,
| 2024 |  | 2023
Uruguay | $ | 26,833 |  |  | $ | 36,428 |
Argentina | 392 |  |  | 807 |
Spain | 746 |  |  | 861 |
Netherlands | — |  |  | 5,896 |
Other countries | 134 |  |  | 333 |
Total (1) | $ | 28,105 |  |  | $ | 44,325 |
(1)The presentation in the table above is based on the geographic location of the entity that holds the assets. The Company wrote off $3.6 million of net leasehold improvements as a result of its Netherlands Lease termination (see Note 18 (Leases)) and recorded a non-cash loss of $3.6 million. The loss on disposal of property and equipment was recognized as a component of other expense (income) in the condensed consolidated statements of operations and comprehensive loss for the year ended December 31, 2024.

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