NET SALES (Tables)

6 Months Ended

Jun. 30, 2025

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

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

Three Months Ended June 30, 2025	Defense and National Security		Space Solutions		Starlab Space Stations		Eliminations		Total
U.S. Government	$	32,685	$	9,385	$	—	$	—	$	42,070
Intl Government	—		40		—		—		40
Commercial	2,506		1,699		—		(641)		3,564
Total net sales	$	35,191	$	11,124	$	—	$	(641)	$	45,674

Three Months Ended June 30, 2024	Defense and National Security		Space Solutions		Starlab Space Stations		Eliminations		Total
U.S. Government	$	15,033	$	16,553	$	—	$	—	$	31,586
Intl Government	—		488		—		—		488
Commercial	3,996		3,059		—		(2,476)		4,579
Total net sales	$	19,029	$	20,100	$	—	$	(2,476)	$	36,653

Six Months Ended June 30, 2025	Defense and National Security		Space Solutions		Starlab Space Stations		Eliminations		Total
U.S. Government	$	51,544	$	19,412	$	—	$	—	$	70,956
Intl Government	—		136		—		—		136
Commercial	7,192		3,880		—		(1,983)		9,089
Total net sales	$	58,736	$	23,428	$	—	$	(1,983)	$	80,181

Six Months Ended June 30, 2024	Defense and National Security		Space Solutions		Starlab Space Stations		Eliminations		Total
U.S. Government	$	27,903	$	30,357	$	—	$	—	$	58,260
Intl Government	—		516		—		—		516
Commercial	5,827		6,270		—		(4,004)		8,093
Total net sales	$	33,730	$	37,143	$	—	$	(4,004)	$	66,869

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

	Three Months Ended				Six Months Ended
	June 30, 2025		June 30, 2024		June 30, 2025		June 30, 2024
US	$	42,909	$	34,139	$	73,189	$	63,012
Europe	2,683		1,940		6,630		3,119
Middle East	8		87		23		179
Other	74		487		339		559
Total net sales	$	45,674	$	36,653	$	80,181	$	66,869

Contract Asset and Liability

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

	June 30, 2025		December 31, 2024
Contract assets (current and non-current)	$	29,290	$	24,128
Contract liabilities (current and non-current)	$	13,120	$	24,127

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				Six Months Ended
(dollars in thousands, except per share data)	June 30, 2025		June 30, 2024		June 30, 2025		June 30, 2024
Net EAC Adjustments	$	(3,005)	$	2,188	$	(5,301)	$	(1,944)
Net sales	(2,824)		475		(4,794)		(530)
Basic net loss per share	(0.20)		0.21		(0.46)		(0.20)
Diluted net loss per share	(0.20)		0.21		(0.46)		(0.20)