Quarterly report [Sections 13 or 15(d)]

Information on Segment Reporting (Tables)

v3.26.3
Information on Segment Reporting (Tables)
 9 Months Ended
Sep. 30, 2026
Segment Reporting [Abstract]  
Schedule Of Segment Reporting Information By Segment
The following table includes segment revenue and significant segment expenses:
Three Months Ended September 30, Nine Months Ended September 30,
2026 2025 2026 2025
Revenue $ 17,998  $ 12,670  $ 51,880  $ 55,728 
Less:
Employee expense (a)
16,970  18,015  53,705  62,872 
Equipment and software expenses (b)
4,934  5,311  15,118  22,204 
Depreciation and amortization 3,955  2,557  11,036  9,494 
Professional services 8,287  4,223  23,371  17,603 
Facilities expense (b)
948  1,457  3,871  3,603 
Contractor expense 917  552  2,206  1,330 
Other operating and marketing expenses 1,426  1,125  3,915  3,906 
Loss on decommissioned satellites and disposal of assets 231  20  1,884  6,259 
Interest expense 4  2  4  7,418 
Change in fair value of contingent liability and warrant liabilities (167) (668) 110  (4,525)
Gain on sale of a business —  —  —  (154,305)
Loss on extinguishment of debt —  —  —  12,008 
Other segment items (c)
745  (248) 2,724  (8,538)
Segment net (loss) income $ (20,252) $ (19,676) $ (66,064) $ 76,399 
(a)Employee expense included stock-based compensation expense of $2.8 million and $9.8 million for the three and nine months ended September 30, 2026, respectively, and $3.8 million and $15.0 million for the three and nine months ended September 30, 2025, respectively.
(b)In the second quarter of 2025, the Company reclassified certain expenses from Facilities expense to Equipment and software expenses within its segment reporting to better reflect the nature of the costs. Prior period amounts have been recast to conform to the current year period presentation. This reclassification impacted only the composition of the expense categories regularly provided to the Company’s CODM and had no impact on total segment expenses, the condensed consolidated statements of operations, or loss per share.
(c)Other segment items included in segment net (loss) income include foreign exchange (gain) loss, income tax (benefit) provision, equity investment loss, travel and meals expenses, and interest income.