Schedule of property and equipment, net |
| | | | | | | | | | | | | | | | | | | | | | As of | | | | | | | | | | March 31, | | December 31, | | | | Depreciable Life | | 2025 | | 2024 | | | | | (In years) | | (In thousands) | | Equipment leased to customers | | | 2 | - | 4 | | | $ | 908,467 | | $ | 865,003 | | Satellites | | | 5 | - | 15 | | | | 1,213,077 | | | 1,210,437 | | Satellites acquired under finance lease agreements | | | | 15 | | | | | 351,548 | | | 344,972 | | Furniture, fixtures, equipment and other | | | 1 | - | 12 | | | | 687,521 | | | 682,614 | | Software and computer equipment | | | 1 | - | 5 | | | | 307,140 | | | 300,255 | | Buildings and improvements | | | 1 | - | 30 | | | | 130,816 | | | 129,779 | | Land | | | | - | | | | | 13,511 | | | 13,460 | | Construction in progress | | | | - | | | | | 6,995 | | | 7,980 | | Total property and equipment | | | | | | | | | 3,619,075 | | | 3,554,500 | | Accumulated depreciation | | | | | | | | | (2,559,563) | | | (2,457,310) | | Property and equipment, net (1) | | | | | | | | $ | 1,059,512 | | $ | 1,097,190 | |
(1) | As of March 31, 2025 and December 31, 2024, there were no refunds and other receipts of purchases of property and equipment |
| | | | | | | | | | | For the Three Months Ended March 31, | | | | | 2025 | | 2024 | | | | | | (In thousands) | | | Equipment leased to customers | | $ | 27,148 | | $ | 28,069 | | | Satellites | | | 23,322 | | | 26,899 | | | Buildings, furniture, fixtures, equipment and other | | | 16,856 | | | 22,885 | | | Software and computer equipment | | | 6,920 | | | 6,602 | | | Intangible assets and other amortization expense | | | 9,555 | | | 9,327 | | | Total depreciation and amortization | | $ | 83,801 | | $ | 93,782 | | |
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