Basis of Presentation and Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2025

Accounting Policies [Abstract]

Property and Equipment

The following summarizes property and equipment - net as of:

	June 30,		December 31,
	2025		2024
	(in thousands)
Satellites	$	133,498	$	107,004
Software	39,280		32,587
Office furniture and fixtures	9,182		9,171
Production and engineering equipment	2,730		2,986
Software development in process	3,790		3,656
Site equipment	2,502		2,502
Computer equipment	1,767		1,578
Other equipment	1,096		812
	193,845		160,296
Less: accumulated depreciation	(117,366)		(114,683)
Property and equipment not yet placed in service	297		—
Property and equipment — net	$	76,776	$	45,613

Schedule of Professional Engineering Services Contracts

The following table presents the effect of aggregate net EAC adjustments on the Company's professional and engineering services contracts:

	Three Months Ended June 30,				Six Months Ended June 30,
	2025		2024(1)		2025		2024(1)
	(in thousands)
Revenue	$	(1,023)	$	1,264	$	(1,229)	$	1,003
Basic and diluted net loss per share	$	(0.03)	$	0.07	$	(0.04)	$	0.06

(1) For the three and six months ended June 30, 2024, the Company had favorable EAC adjustments of $2.1 million and $1.9 million, respectively, for an existing individual professional services contract. The remaining EAC adjustments are not individually significant to the Company.