Summary of Significant Accounting Policies (Tables)

9 Months Ended

Sep. 30, 2025

Summary of Significant Accounting Policies

Schedule of company’s revenue disaggregated by category and source

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
	(in thousands)				(in thousands)
Commercial	$	882	$	1,084	$	2,830	$	3,225
Government contracts		5		523		798		533
Total revenue	$	887	$	1,607	$	3,628	$	3,758

Schedule of stock-based compensation included in cost of goods sold, research and development, and selling, general and administrative expenses

	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
		(in thousands)				(in thousands)
Cost of goods sold	$	154	$	208	$	547	$	567
Research and development		1,089		914		3,292		3,378
Selling, general and administrative		3,322		2,144		8,700		7,217
Total stock-based compensation expense	$	4,565	$	3,266	$	12,539	$	11,162

Schedule of diluted weighted average shares

Basic and diluted EPS calculation	Three Months Ended September 30,				Nine Months Ended September 30,
	2025		2024		2025		2024
	(in thousands, except per share amounts)				(in thousands, except per share amounts)
Numerator
Net income (loss) attributable to common stockholders - basic	$	483	$	(13,609)	$	(121,291)	$	(69,609)
Adjustments for dilutive impacts:
Reversal of MTM adjustments		(23,575)				(2,006)		—
Reversal of interest expense and amortization of debt discount		4,880
Net income (loss) attributable to common stockholders - diluted		(18,212)		(13,609)		(123,297)		(69,609)
Denominator
Weighted average shares – basic		133,335		126,429		131,913		118,978
Adjustment: Add dilutive shares		16,222		—		622		—
Weighted average shares – diluted		149,557		126,429		132,535		118,978
Basic income (loss) per share	$	0.00	$	(0.11)	$	(0.92)	$	(0.59)
Diluted income (loss) per share	$	(0.12)	$	(0.11)	$	(0.93)	$	(0.59)

Schedule of anti-dilutive unvested restricted stock units and unvested restricted stock awards

	Three Months Ended September 30,				Nine Months Ended September 30,
Antidilutive Shares Excluded	2025		2024		2025		2024
	(in thousands)				(in thousands)
Warrants		33,147		31,353		33,147		31,353
Stock Options		4,269		4,199		4,269		4,199
Unvested Restricted Stock Units		3,779		5,159		3,779		5,159
Unvested Restricted Stock Awards		—		231		220		231
2028 Notes Convertible Stock		—		—		15,127		—

Schedule of depreciation using the straight-line method over the estimated useful lives of the assets

Pinnacle and TerraPoiNT network assets	5–8 years
Office equipment, furniture and internal use software	2–5 years
Leasehold improvements	Shorter of the useful life or lease term
Acquired finite-lived intangible assets	12 years

Schedule of goodwill activities

	Nine Months Ended September 30,
	2025		2024
	(in thousands)
Beginning Balance	$	16,966	$	17,977
Changes in foreign exchange rates		2,133		208
Ending Balance	$	19,099	$	18,185