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Segment Information | 6 Months Ended
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Jun. 30, 2025
Segment Reporting [Abstract] |
Segment Information | Segment Information The Company is organized as one operating segment, which is its reportable segment. Generally, its segment metrics are equal to the Company’s consolidated totals. The Company’s segment information is evaluated regularly by the Chief Executive Officer, who is the chief operating decision maker (“CODM”) for purposes of decisions on how to allocate resources and to assess performance. The Company determined its reportable segment using the management approach based on how the CODM evaluates the business. The CODM uses the Company’s net (loss) income to assess the performance of the Company’s operating segment and evaluates the Company’s results against forecasted results. The Company’s operating segment derives its revenues from the sale of images via asset monitoring and Constellation as a Service (“CaaS”) and the sale or licensing of satellites via the Company’s Space Systems product line. The Company evaluates its operations based on net (loss) income. Required segment disclosures that are equal to the Company’s consolidated totals and disclosed elsewhere in the Condensed Consolidated Financial Statements include: net (loss), total assets, total revenue, interest income, net, depreciation expense, equity in net income (loss) of affiliate accounted for by the equity method, and income tax expense. In addition to depreciation expense, other non-cash expenses include stock-based compensation disclosed on the statement of cash flows and a non-cash sales agreement described in Note 5 (Revenue from Contracts with Customers). Purchases of long lived assets include purchases of property and equipment disclosed in the condensed consolidated statement of cash flows and the acquisition of new operating lease right of use assets for the six months ended June 30, 2025 and 2024 of $6.5 million and $0, respectively. Total non-current assets also include an investment in equity method investee at June 30, 2025 and December 31, 2024 of $3.7 million and $3.7 million, respectively. Other segment items are primarily made up of the following items not considered to be significant expenses: depreciation expense, change in fair value of financial instruments, income tax expense, partially offset by foreign currency income adjustments and interest income, net. Operations for the Company’s segment were as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30, |  |
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |
Revenue | $ | 4,440 |  |  | $ | 3,501 |  |  | $ | 7,827 |  |  | $ | 6,829 |  |  |
Cost of sales excluding depreciation | (1,189) |  |  | (1,249) |  |  | (2,426) |  |  | (2,554) |  |  |
Selling, general and administrative expenses | (5,361) |  |  | (9,541) |  |  | (11,846) |  |  | (18,930) |  |  |
Engineering | (2,327) |  |  | (4,287) |  |  | (4,820) |  |  | (8,674) |  |  |
Other segment items | (2,215) |  |  | (6,525) |  |  | (27,968) |  |  | (9,950) |  |  |
Net loss | $ | (6,652) |  |  | $ | (18,101) |  |  | $ | (39,233) |  |  | $ | (33,279) |  |  |
Revenue by geographic area is as follows(a):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
U.S. | $ | 3,359 |  |  | $ | 2,411 |  |  | $ | 5,920 |  |  | $ | 3,987 |
Albania | 412 |  |  | 412 |  |  | 824 |  |  | 824 |
India | 10 |  |  | 124 |  |  | 23 |  |  | 856 |
All Other | 659 |  |  | 554 |  |  | 1,060 |  |  | 1,162 |
Total | $ | 4,440 |  |  | $ | 3,501 |  |  | $ | 7,827 |  |  | $ | 6,829 |
(a) Revenues are attributed to individual countries based on the location of the customer generating the revenue.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 21 -Subparagraph (b) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-21 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name 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