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

Quarterly report pursuant to Section 13 or 15(d)

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations (Tables)

Revenue, Contract Assets, Contract Liabilities and Remaining Performance Obligations (Tables)

3 Months Ended

Mar. 31, 2022

Revenue from Contract with Customer [Abstract]

Schedule of Disaggregation of Revenue by Geography

The following revenue disaggregated by geography was recognized:


	Three Months Ended March 31, 2022				Three Months Ended March 31, 2021
EMEA(1)	$	7,935	44	%	$	3,839	39	%
Americas (2)		7,614	42	%		3,277	34	%
Asia Pacific (3)		2,521	14	%		2,600	27	%
Total	$	18,070	100	%	$	9,716	100	%

(1)

The Netherlands represented 19% for the three months ended 2021. The United Kingdom represented 16% and 11% for the three months ended March 31, 2022 and 2021, respectively.

(2)

U.S. represented 33% for the three months ended March 31, 2022, and 34% for the three months ended March 31, 2021.

(3)

Australia represented 23% for the three months ended March 31, 2021.

Schedule Of Changes In Contract With Customer Asset Table Text Block

Changes in Contract assets for the three months ended March 31, 2022 and 2021 were as follows:


	Three Months Ended March 31,
	2022			2021
Balance as of December 31, 2021	$	2,084		$	889
Contract assets recorded during the period		3,122			—
Reclassified to Accounts receivable		(1,557	)		—
Other		(19	)		(9	)
Balance as of March 31, 2022	$	3,630		$	880

Schedule Of Changes In Contract With Customer Liability Table Text Block

Changes in Contract liabilities for the three months ended March 31, 2022 and 2021 were as follows:


	Three Months Ended March 31,
	2022			2021
Balance as of December 31, 2021	$	9,255		$	8,110
Contract liabilities recorded during the period		3,563			3,269
Revenue recognized during the period		(4,514	)		(3,531	)
Other		(68	)		(111	)
Balance as of March 31, 2022	$	8,236		$	7,737