Spire Global, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Summary of Significant Accounting Policies (Tables)

Summary of Significant Accounting Policies (Tables)

3 Months Ended

Mar. 31, 2022

Summary of cash, cash equivalents, and restricted cash

The following table shows components of cash, cash equivalents, and restricted cash reported on the Condensed Consolidated Balance Sheets and in the Condensed Consolidated Statements of Cash Flows as of and for the three months then ended:


	March 31,		December 31,
	2022		2021
Cash and cash equivalents	$	91,592	$	109,256
Restricted cash included in Other long-term assets		383		389
	$	91,975	$	109,645

Summary of customers whose revenue and accounts receivable balances

The Company has a concentration of contractual revenue arrangements with various government agencies. The Company had the following customers whose revenue and accounts receivable balances individually represented 10% or more of the Company’s total revenue and/or accounts receivable:


	Three Months Ended March 31,						March 31,			December 31,
	2022			2021			2022			2021
	Revenue			Revenue			Accounts Receivable			Accounts Receivable
Customer A		13	%		18	%		21	%		29	%
Customer B		17	%		22	%	*			*
Customer C	*				23	%	*				12	%

* Revenue and/or accounts receivable from these customers were less than 10% of total revenue and/or accounts receivable during the period.