Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment, net (Tables)

v3.22.2.2
Property and Equipment, net (Tables)
3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Schedule of Property and Equipment, Net

Property and equipment, net consisted of the following:

 

 

 

March 31,

 

 

December 31,

 

 

 

2022

 

 

2021

 

Satellites in-service

 

$

54,767

 

 

$

51,368

 

Internally developed software

 

 

2,149

 

 

 

2,160

 

Ground stations in-service

 

 

2,200

 

 

 

2,200

 

Leasehold improvements

 

 

4,998

 

 

 

1,754

 

Machinery and equipment

 

 

2,981

 

 

 

2,761

 

Computer equipment

 

 

2,234

 

 

 

2,168

 

Computer software and website development

 

 

472

 

 

 

472

 

Furniture and fixtures

 

 

1,159

 

 

 

1,167

 

 

 

 

70,960

 

 

 

64,050

 

Less: Accumulated depreciation and amortization

 

 

(31,988

)

 

 

(30,120

)

 

 

 

38,972

 

 

 

33,930

 

Satellite, launch and ground station work in progress

 

 

12,087

 

 

 

11,478

 

Finished satellites not in-service

 

 

1,012

 

 

 

3,296

 

Property and equipment, net

 

$

52,071

 

 

$

48,704