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v3.25.1

Balance Sheet Components (Tables) | 3 Months Ended
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Mar. 31, 2025
Balance Sheet Components [Abstract] |
Schedule of Other Current Assets | Other current assets consisted of the following:
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Technology and other prepaid contracts |  | $ | 1,068 |  |  | $ | 838 |
Other receivables |  |  | 1,098 |  |  |  | 648 |
Prepaid insurance |  |  | 693 |  |  |  | 1,076 |
Deferred contract costs |  |  | 304 |  |  |  | 297 |
Other |  |  | 407 |  |  |  | 419 |
Other current assets |  | $ | 3,570 |  |  | $ | 3,278 |
Schedule of Property and Equipment, Net | Property and equipment, net consisted of the following:
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Satellites in-service |  | $ | 19,762 |  |  | $ | 32,768 |
Internally developed software |  |  | 1,760 |  |  |  | 1,760 |
Ground stations in-service |  |  | 4,981 |  |  |  | 4,978 |
Leasehold improvements |  |  | 5,882 |  |  |  | 5,707 |
Machinery and equipment |  |  | 5,982 |  |  |  | 5,479 |
Computer equipment |  |  | 1,435 |  |  |  | 1,327 |
Computer software and website development |  |  | 99 |  |  |  | 99 |
Furniture and fixtures |  |  | 1,365 |  |  |  | 1,335 |
|  |  | 41,266 |  |  |  | 53,453 |
Less: Accumulated depreciation and amortization |  |  | (17,962 | ) |  |  | (25,748 | )
|  |  | 23,304 |  |  |  | 27,705 |
Satellite, launch, and ground station work in progress |  |  | 31,663 |  |  |  | 27,624 |
Finished satellites not yet placed in-service |  |  | 8,199 |  |  |  | 8,009 |
Property and equipment, net |  | $ | 63,166 |  |  | $ | 63,338 |
Schedule of Other Accrued expenses | Other accrued expenses consisted of the following:
|  | March 31, |  |  | December 31, |
|  | 2025 |  |  | 2024 |
Operating lease liabilities, current |  | $ | 3,844 |  |  | $ | 3,260 |
Professional services |  |  | 4,123 |  |  |  | 2,622 |
Accrued operating costs |  |  | 3,719 |  |  |  | 1,829 |
Accrued wages and benefits |  |  | 3,282 |  |  |  | 3,335 |
Accrued interest |  |  | 1,928 |  |  |  | 1,709 |
Legal matters |  |  | 1,552 |  |  |  | 1,479 |
Software |  |  | 964 |  |  |  | 792 |
Corporate and sales tax |  |  | 432 |  |  |  | 120 |
Other |  |  | 2,141 |  |  |  | 1,215 |
Other accrued expenses |  | $ | 21,985 |  |  | $ | 16,361 |

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