Spire Global, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations Disaggregation of Revenue (Tables)

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations Disaggregation of Revenue (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue by Geography

The following revenue disaggregated by geography was recognized:


	Year Ended December 31, 2022				Year Ended December 31, 2021
EMEA(1)	$	31,962	40	%	$	20,562	48	%
Americas (2)		36,734	46	%		15,719	36	%
Asia Pacific (3)		11,572	14	%		7,094	16	%
Total	$	80,268	100	%	$	43,375	100	%

(1)

Netherlands represented 24% for the year ended December 31, 2021.

(2)

U.S. represented 35 % and 36% for the years ended December 31, 2022 and 2021, respectively, and Canada represented 10% for the year ended December 31, 2022.

(3)

Australia represented 11% for the year ended December 31, 2021.

Schedule Of Changes In Contract With Customer Asset Table Text Block

Changes in contract assets were as follows:


	December 31,
	2022			2021
Balance at the beginning of the year	$	2,084		$	853
Contract assets recorded during the year		3,353			2,529
Reclassified to accounts receivable		(1,694	)		(1,298	)
Other		(390	)		—
Balance at the end of the year	$	3,353		$	2,084

Schedule Of Changes In Contract With Customer Liability Table Text Block

Changes in contract liabilities were as follows:


	December 31,
	2022			2021
Balance at the beginning of the year	$	9,255		$	8,110
Contract liabilities recorded during the year		15,963			8,343
Revenue recognized during the year		(8,230	)		(6,950	)
Other		(360	)		(248	)
Balance at the end of the year	$	16,628		$	9,255