Summary of Company's service revenue |
The following table summarizes the Company’s services revenue: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | | (In thousands) | | (In thousands) | Commercial services revenue: | | | | | | | | | Voice and data | | $ | 56,810 | | | $ | 56,455 | | | $ | 112,752 | | | $ | 111,432 | | IoT data | | 44,741 | | | 41,609 | | | 88,596 | | | 81,064 | | Broadband | | 12,724 | | | 13,478 | | | 25,600 | | | 27,170 | | Hosted payload and other data | | 14,545 | | | 14,425 | | | 29,414 | | | 28,378 | | Total commercial services revenue | | 128,820 | | | 125,967 | | | 256,362 | | | 248,044 | | Government services revenue | | 26,750 | | | 26,500 | | | 53,500 | | | 53,000 | | Total services revenue | | $ | 155,570 | | | $ | 152,467 | | | $ | 309,862 | | | $ | 301,044 | |
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Summary of Company's Engineering and Support Services Revenue [Table Text Block] |
The following table summarizes the Company’s engineering and support services revenue: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | | (In thousands) | | (In thousands) | Commercial | | $ | 2,404 | | | $ | 1,520 | | | $ | 4,041 | | | $ | 2,673 | | Government | | 39,477 | | | 24,298 | | | 75,305 | | | 53,553 | | Total engineering and support services revenue | | $ | 41,881 | | | $ | 25,818 | | | $ | 79,346 | | | $ | 56,226 | |
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Schedule of recognized contract costs |
The following table presents contract assets not separately disclosed: | | | | | | | | | | | | | | | | | June 30, 2025 | | December 31, 2024 | | | (In thousands) | Contract Assets: | | | | | Commissions | | $ | 1,360 | | | $ | 1,058 | | Other contract costs | | $ | 1,712 | | | $ | 1,798 | |
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