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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Cash flows from operating activities:    
Net loss $ (29,663) $ (12,813)
Adjustments to reconcile net loss to net cash used in operating activities:    
Depreciation and amortization expense 9,247 7,236
Operating lease right of use assets amortization 156 156
Stock-based compensation expense 4,105 2,897
Amortization of debt issuance costs and non-cash interest expense 229 2,419
Loss (gain) on derivatives 8,217 (1,901)
Non-cash interest income (552) (412)
Other (45) 52
Changes in operating assets and liabilities:    
Accounts receivable 9,571 6,759
Contract assets - current and long-term 4,471 (11,049)
Inventories 0 (5,997)
Prepaid expenses and other current assets (400) 351
Other assets 119 10
Accounts payable and accrued liabilities (316) (7,268)
Other current liabilities (3,923) 567
Contract liabilities - current and long-term (3,572) 34,256
Other liabilities 0 (12)
Net cash (used in) provided by operating activities (2,356) 27,245
Cash flows from investing activities:    
Purchase of property and equipment (3,866) (4,465)
Satellite work in process (11,885) (4,418)
Purchases of short-term investments (28,831) (28,259)
Proceeds from maturities of short-term investments 35,250 13,000
Net cash used in investing activities (9,332) (24,142)
Cash flows from financing activities:    
Proceeds from equity issuances, net of equity issuance costs 14,269 5,118
Proceeds from options exercised and ESPP shares purchased 7 0
Repayments of Debt 1,688 0
Payments of debt issuance costs 0 (175)
Withholding tax payments on vesting of restricted stock units (3,039) (492)
Payments for deferred offering costs 0 31
Net cash provided by financing activities 9,549 4,420
Net (decrease) increase in cash, cash equivalents, and restricted cash (2,139) 7,523
Cash, cash equivalents, and restricted cash – beginning of year 43,548 14,378
Cash, cash equivalents, and restricted cash – end of period 41,409 21,901
Supplemental Cash Flow Elements [Abstract]    
Cash and cash equivalents 39,382 20,748
Restricted cash 2,027 1,153
Total cash, cash equivalents, and restricted cash 41,409 21,901
Supplemental disclosures of cash flow information:    
Cash paid for interest 7,537 199
Cash paid for income taxes 0 0
Supplemental disclosures of non-cash financing and investing information:    
Vendor financed satellite launch costs 3,000 7,500
Interest capitalized but not yet paid 524 0
Accretion of short-term investments' discounts and premiums 552 412
Capitalized depreciation expense 364 297
Capitalized stock-based compensation 316 157
Equity issuance costs accrued but not yet paid 61 53
Adjustments to goodwill for changes in the preliminary purchase price allocation 0 43
Deferred offering costs accrued but not yet paid 0 20
Property, Plant and Equipment    
Supplemental disclosures of non-cash financing and investing information:    
Additions of equipment and other satellite procurement costs accrued but not yet paid $ 3,880 $ 1,719