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

Property and Equipment, net

v3.21.2
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.