Property And Equipment—net

6 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

Property And Equipment—net

8. Property and Equipment - net

The following summarizes property and equipment - net as of:

	June 30,		December 31,
	2022		2021
	(in thousands)
Satellites	$	116,210	$	93,709
Software	3,718		—
Software development in process	2,595		—
Computer equipment	1,864		1,372
Office furniture and fixtures	708		744
Other equipment	685		682
Site equipment	1,718		1,393
Ground station equipment	111		111
Total	127,609		98,011
Less: accumulated depreciation	(43,710)		(27,460)
Property and equipment — net	$	83,899	$	70,551

Depreciation of property and equipment from continuing operations was $9.0 million and $3.2 million, for the three months ended June 30, 2022 and 2021, respectively, and $16.3 million and $5.6 million for the six months ended June 30, 2022 and 2021, respectively. The Company disposed of property and equipment, which consisted of site equipment, furniture and ground station equipment of $36 thousand and $0.7 million, during the six months ended June 30, 2022 and 2021, respectively, for a loss of $0 for the three and six months ended June 30, 2022 and $0 and $24 thousand for the three and six months ended June 30, 2021, respectively.