NET SALES (Tables)

3 Months Ended

Mar. 31, 2026

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue

The following tables present the disaggregation of net sales from contracts with our customers:

Three Months Ended March 31, 2026	Defense and Space Technologies		Starlab Space Stations		Eliminations		Total
U.S. Government	$	29,659	$	—	$	—	$	29,659
International Government	56		—		—		56
Commercial	6,442		—		(911)		5,531
Total net sales	$	36,157	$	—	$	(911)	$	35,246

Three Months Ended March 31, 2025	Defense and Space Technologies		Starlab Space Stations		Eliminations		Total
U.S. Government	$	29,526	$	—	$	—	$	29,526
International Government	96		—		—		96
Commercial	6,226		—		(1,341)		4,885
Total net sales	$	35,848	$	—	$	(1,341)	$	34,507

The revenue based on geographic location of customers is as follows:

	Three Months Ended
	March 31, 2026		March 31, 2025
U.S.	$	31,979	$	30,280
Europe	1,764		3,946
Other	1,503		281
Total net sales	$	35,246	$	34,507

Schedule of Contract Asset and Liability

The following table presents the Company’s contract assets and liabilities:

	March 31, 2026		December 31, 2025
Contract assets (current and non-current)	$	45,708	$	40,208
Contract liabilities (current and non-current)	$	24,823	$	32,237

Schedule of EAC Adjustments

The below table summarizes the favorable (unfavorable) impact of the net estimate at completion (“EAC”) adjustments for the following periods:

	Three Months Ended
(dollars in thousands, except per share data)	March 31, 2026		March 31, 2025
Net EAC adjustments	(8,166)		(2,150)
Net sales	(6,963)		(1,974)
Basic net loss per share	$	(0.26)	$	(0.41)
Diluted net loss per share	$	(0.26)	$	(0.41)