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Property and Equipment, and Intangible Assets (Tables)
12 Months Ended
Dec. 31, 2025
Property and Equipment, and Intangible Assets  
Schedule of property and equipment

 

Year Ended

 

December 31,

 

2025

 

2024

 

(in thousands)

Network under construction

$

582

 

$

1,664

PNT network

 

25,452

 

 

27,903

Office equipment, furniture, and leasehold improvements

 

2,187

 

 

2,123

Accumulated depreciation

 

(16,458)

 

 

(13,716)

Property and equipment, net

$

11,763

 

$

17,974

Schedule of Intangible assets

 

 

Gross Amount

 

 

Accumulated Amortization

 

 

Net Carrying Value

Indefinite-Lived intangible assets

$

36,443

 

$

 

$

36,443

Acquired Software

 

7,602

 

 

3,264

 

 

4,338

Acquired Technology

 

639

 

 

182

 

 

457

Internal Use Software

 

3,650

 

 

2,721

 

 

929

 

$

48,334

 

$

6,167

 

$

42,167

 

 

Gross Amount

 

 

Accumulated Amortization

 

 

Net Carrying Value

Indefinite-Lived intangible assets

$

3,467

 

$

 

$

3,467

Acquired Software

 

6,907

 

 

2,492

 

 

4,415

Acquired Technology

 

566

 

 

102

 

 

464

Internal Use Software

 

3,120

 

 

1,877

 

 

1,243

 

$

14,060

 

$

4,471

 

$

9,589

Schedule of future amortization

2026

$

1,147

2027

 

782

2028

 

633

2029

 

542

2030 and thereafter

 

2,620

 

$

5,724