Summary of Significant Accounting Policies (Tables)

12 Months Ended

Dec. 31, 2025

Summary of Significant Accounting Policies

Schedule of asset retirement obligations

	Year Ended
	December 31,
	2025		2024
	(in thousands)
Beginning Balance	$	1,643	$	1,340
Liabilities incurred		54		—
Liabilities settled		(76)		(100)
Change in estimates		—		327
Accretion		104		76
Ending Balance	$	1,725	$	1,643

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

Pinnacle and PNT network	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

	Year Ended
	December 31,
	2025		2024
	(in thousands)
Beginning Balance	$	16,966	$	17,977
Changes in foreign exchange rates		2,195		(1,011)
Ending Balance	$	19,161	$	16,966

Schedule of company’s revenue disaggregated by category and source

	Year Ended
	December 31,
	2025		2024
	(in thousands)
Commercial	$	3,759	$	4,599
Government contracts		814		1,068
Equipment sales		—		2
Total revenue	$	4,573	$	5,669

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

	Year Ended
	December 31,
	2025		2024
	(in thousands)
Cost of goods sold	$	704	$	729
Research and development		4,420		4,106
Selling, general and administrative		11,513		9,021
Total stock-based compensation expense	$	16,637	$	13,856

Schedule of diluted weighted average shares

	Year Ended
	December 31,
	2025		2024
	(in thousands, except per share amounts)
Numerator
Net loss attributable to common stockholders	$	189,253	$	101,879
Denominator
Weighted average shares – basic and diluted		132,866		121,500
Basic and diluted loss per share	$	1.42	$	0.84

Schedule of anti-dilutive unvested restricted stock units

	Year Ended
	December 31,
	2025		2024
	(in thousands)
Antidilutive Shares Excluded
Warrants		37,139		29,736
Stock Options		3,827		3,628
Unvested Restricted Stock Units		3,334		4,401
Unvested Restricted Stock Awards		205		231
2028 Notes Convertible Stock		15,127		—