Approximately 90% of the Company’s ROU assets and lease liabilities relate to office facilities leases, with the remaining amounts representing primarily ground station leases. The leases have various expiration dates through 2031. Certain of the Company’s lease agreements include escalating lease payments.

Operating lease expenses were $1.1 million and $1.0 million for the three months ended March 31, 2026 and 2025, respectively. Aggregate variable lease expenses and short-term lease expenses were $0.5 million and $0.3 million for the three months ended March 31, 2026 and 2025, respectively.

The lease obligations are secured by the underlying leased assets and, in the event of default, the lessor’s claim is limited to those assets. Operating cash payments included in the measurement of operating lease liabilities were $1.3 million and $0.6 million for the three months ended March 31, 2026 and 2025, respectively, all of which were included in net cash used in operating activities in the condensed consolidated statements of cash flows. Amortization of ROU assets was $0.8 million and $0.7 million for the three months ended March 31, 2026 and 2025, respectively.