Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2022

Share-based Payment Arrangement [Abstract]

Stock-based Compensation Expense

The stock-based compensation expense attributable to continuing operations was included in the unaudited condensed consolidated statements of operations and comprehensive loss as follows:

	Three Months Ended March 31,
	2022		2021
	(in thousands)
Imagery & software analytical service costs, excluding depreciation and amortization	$	801	$	—
Engineering & systems integration costs, excluding depreciation and amortization	120		—
Selling, general and administrative	9,319		508
Total stock-based compensation expense	$	10,240	$	508

Share-based Payment Arrangement, Option, Activity

A summary of the Company’s stock option activity under the Plans during the three months ended March 31, 2022 is presented below:

	Three months ended March 31, 2022
	Options	Weighted-Average Exercise Price		Weighted Average Contractual Term	Aggregate Intrinsic Value
	(in thousands)				(in thousands)
Outstanding - January 1, 2022	5,022	$	4.4914
Granted	—	—
Exercised	(404)	0.0437
Forfeited	(11)	0.0121
Outstanding - March 31, 2022	4,607	4.8917		8.61	$	2,975
Exercisable - March 31, 2022	1,063	0.4854		6.79	1,515

Nonvested Restricted Stock Shares Activity

A summary of the Company’s nonvested RSA activity during the three months ended March 31, 2022 is presented below:

	Three months ended March 31, 2022
	Restricted Stock Awards	Weighted-Average Grant-Date Fair Value
	(in thousands)
Nonvested - January 1, 2022	335	$	0.0121
Vested	(128)	0.0121
Nonvested - March 31, 2022	207	0.0121

Schedule of Share-based Payment Arrangements, Restricted Stock Units

The Company granted an aggregate of 1.0 million RSUs to certain employees and service providers during the three months ended March 31, 2022 under the 2021 Plan as follows:

Grant Date	Number of Shares (in thousands)	First Tranche	Second Tranche
March 2022	868	25% of such RSUs will vest at the one-year anniversary of the vesting commencement date	75% of such units will vest ratably over twelve consecutive quarters, on specified quarterly vesting dates with the first of such quarterly vesting dates occurring at least three months after the vesting of the initial 25% of the RSUs.
March 2022	155	50% of total number of RSUs will be scheduled to vest annually on the anniversary of the vesting commencement date	N/A
Total	1,023

Share-based Payment Arrangement, Restricted Stock Unit, Activity

A summary of the Company’s nonvested RSU activity during the three months ended March 31, 2022 is presented below:

	Three months ended March 31, 2022
	Restricted Stock Units	Weighted-Average Grant-Date Fair Value
	(in thousands)
Nonvested - January 1, 2022	10,959	$	6.7675
Granted	1,023	1.8000
Vested	(4,816)	6.9843
Canceled	(60)	7.6612
Nonvested - March 31, 2022	7,106	5.8975