XML 60 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
Segment Information (Tables)
6 Months Ended
Jan. 31, 2025
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Operating segment information, along with a reconciliation of segment Adjusted EBITDA to consolidated loss before income taxes is presented in the tables below:

Three months ended January 31, 2025Six months ended January 31, 2025
Satellite and Space CommunicationsTerrestrial and Wireless NetworksTotalSatellite and Space CommunicationsTerrestrial and Wireless NetworksTotal
Net sales$73,721,000 52,853,000 $126,574,000 $132,654,000 109,720,000 $242,374,000 
Adjusted EBITDA$4,705,000 8,920,000 $13,625,000 $(16,443,000)19,904,000 $3,461,000 
Unallocated corporate expenses(10,722,000)(19,955,000)
Impairment of long-lived asset,
   including goodwill
— (79,555,000)
Restructuring expenses(3,400,000)(21,253,000)
Strategic emerging technology costs— (280,000)
CEO transition costs331,000 (267,000)
Proxy solicitation costs(1,099,000)(2,682,000)
Amortization of cost to fulfill assets— (261,000)
Depreciation(2,779,000)(5,674,000)
Amortization of intangibles(5,043,000)(11,636,000)
Amortization of stock-based
   compensation
(1,170,000)(1,325,000)
Change in fair value of warrants and
   derivatives
(28,568,000)(34,092,000)
Write-off of deferred financing costs— (1,412,000)
Interest (income) and other126,000 (509,000)
Interest expense(11,008,000)(20,540,000)
Loss before income taxes$(49,707,000)$(195,980,000)
Purchases of property, plant and
   equipment
$89,000 1,410,000 1,499,000 $139,000 3,518,000 3,657,000 
Unallocated amounts$154,000 $411,000 
Consolidated total$1,653,000 $4,068,000 
Total assets$293,176,000 448,610,000 741,786,000 $293,176,000 448,610,000 741,786,000 
Unallocated amounts$28,775,000 $28,775,000 
Consolidated total$770,561,000 $770,561,000 
Three months ended January 31, 2024Six months ended January 31, 2024
Satellite and Space CommunicationsTerrestrial and Wireless NetworksTotalSatellite and Space CommunicationsTerrestrial and Wireless NetworksTotal
Net sales$78,603,000 55,622,000 $134,225,000 $180,991,000 105,145,000 $286,136,000 
Adjusted EBITDA$7,062,000 13,727,000 $20,789,000 $22,193,000 23,364,000 $45,557,000 
Unallocated corporate expenses(5,678,000)(12,078,000)
Restructuring costs(2,726,000)(6,442,000)
Strategic emerging technology costs(978,000)(2,348,000)
Amortization of cost to fulfill assets(240,000)(480,000)
Depreciation(2,930,000)(5,952,000)
Amortization of intangibles(5,288,000)(10,577,000)
Amortization of stock-based
   compensation
(2,189,000)(4,834,000)
Gain on business divestiture, net2,213,000 2,213,000 
Interest (income) and other(902,000)(837,000)
Interest expense(5,265,000)(10,197,000)
Loss before income taxes$(3,194,000)$(5,975,000)
Purchases of property, plant and
   equipment
$1,724,000 2,285,000 $4,009,000 $2,627,000 4,021,000 6,648,000 
Unallocated amounts$264,000 $841,000 
Consolidated total$4,273,000 $7,489,000 
Total assets$480,008,000 461,246,000 $941,254,000 $480,008,000 461,246,000 941,254,000 
Unallocated amounts$55,501,000 55,501,000 
Consolidated total$996,755,000 $996,755,000