Spire Global, Inc. General form of registration statement for all companies including face-amount certificate companies

General form of registration statement for all companies including face-amount certificate companies

Property and Equipment, net

Property and Equipment, net

6 Months Ended

12 Months Ended

Jun. 30, 2021

Dec. 31, 2020

Property, Plant and Equipment [Abstract]

Property Plant and Equipment,Net

5.	Property and Equipment, net

Property and equipment, net consisted of the following:


	June 30, 2021			December 31, 2020
Satellites in-service	$	31,214		$	26,196
Internally developed software		2,171			2,166
Ground stations in-service		1,876			1,872
Leasehold improvements		1,598			1,589
Machinery and equipment		1,898			1,873
Computer equipment		1,396			1,153
Computer software and website development		472			472
Furniture and fixtures		380			379

		41,005			35,700
Less: Accumulated depreciation and amortization		(27,051	)		(23,260	)

		13,954			12,440

Satellite, launch and ground station work in progress		6,692			4,934
Finished satellites not in-service		1,909			3,084

Property and equipment, net	$	22,555		$	20,458

Depreciation and amortization expense related to property and equipment for the six months ended June 30, 2021 and 2020, was $3,540 and $2,596, respectively, including amortization of

internal-use

software of $34 and $62, respectively.

5.	Property and Equipment, net

Property and equipment, net consisted of the following:


	December 31,
	2020			2019
Satellites in-service	$	26,196		$	16,804
Internally developed software		2,166			2,151
Ground stations in-service		1,872			1,996
Leasehold improvements		1,589			1,419
Machinery and equipment		1,873			1,284
Computer equipment		1,153			806
Computer software and website development		472			471
Furniture and fixtures		379			349

		35,700			25,280
Less: Accumulated depreciation and amortization		(23,260	)		(17,047	)

		12,440			8,233
Satellite, launch and ground station work in progress		4,934			5,811
Finished satellites not in-service		3,084			1,864

Property and equipment, net	$	20,458		$	15,908

Depreciation and amortization expense related to property and equipment for the years ended December 31, 2020 and 2019, was $5,330 and $10,124, respectively, including amortization of

internal-use

software of $144 and $175, respectively. Costs incurred from failed launches and losses from satellite deorbit and other equipment failure were $666 and $2,372 for the years ended December 31, 2020 and 2019, respectively. Costs related to failed launches are not capitalized and are included in Loss on satellite deorbit and launch failure in the Consolidated Statements of Operations.