| Schedule of property and equipment |
| | | | | | | | | | | | | Depreciable | | As of | | | Life | | June 30, | | December 31, | | | (In Years) | | 2025 | | 2024 | | | | | | | | (In thousands) | Equipment leased to customers | | 2 | - | 5 | | $ | 938,753 | | $ | 1,002,518 | EchoStar XV | | | 15 | | | | 277,658 | | | 277,658 | EchoStar XVIII | | | 15 | | | | 411,255 | | | 411,255 | Furniture, fixtures, equipment and other | | 2 | - | 10 | | | 749,946 | | | 746,585 | Software and computer equipment | | 3 | - | 5 | | | 694,413 | | | 670,503 | Buildings and improvements | | 5 | - | 40 | | | 290,190 | | | 288,573 | Land | | | - | | | | 12,007 | | | 12,007 | Construction in progress | | | - | | | | 40,475 | | | 34,232 | Total property and equipment | | | | | | | 3,414,697 | | | 3,443,331 | Accumulated depreciation | | | | | | | (2,837,438) | | | (2,818,562) | Property and equipment, net (1) | | | | | | $ | 577,259 | | $ | 624,769 |
| (1) | As of June 30, 2025 and December 31, 2024, there were no refunds and other receipts of purchases of property and equipment. |
|
| Schedule of depreciation and amortization expense |
| | | | | | | | | | | | | | | For the Three Months Ended | | For the Six Months Ended | | | June 30, | | June 30, | | | 2025 | | 2024 | | 2025 | | 2024 | | | | (In thousands) | Equipment leased to customers | | $ | 27,204 | | $ | 34,705 | | $ | 59,929 | | $ | 71,573 | Satellites | | | 11,482 | | | 20,073 | | | 22,964 | | | 40,146 | Buildings, furniture, fixtures, equipment and other | | | 4,964 | | | 5,453 | | | 10,897 | | | 9,461 | Software and computer equipment | | | 9,385 | | | 10,108 | | | 18,283 | | | 19,839 | Total depreciation and amortization | | $ | 53,035 | | $ | 70,339 | | $ | 112,073 | | $ | 141,019 |
|
| Schedule of pay-TV satellite fleet |
As of June 30, 2025, our Pay-TV satellite fleet consisted of the following: | | | | | | | | | | | Degree | | | | | Launch | | Orbital | | Lease | Satellites | | Date | | Location | | Termination Date | Owned: | | | | | | | EchoStar XV (1) | | July 2010 | | 119 | | N/A | EchoStar XVIII | | June 2016 | | 61.5 | | N/A | | | | | | | | Under Construction: | | | | | | | EchoStar XXV | | 2026 | | 110 | | N/A | EchoStar XXVI | | 2028 | | 119 | | N/A | | | | | | | | Leased from DISH Network (2): | | | | | | | EchoStar X | | February 2006 | | 110 | | February 2026 | EchoStar XI | | July 2008 | | 110 | | February 2026 | EchoStar XIV | | March 2010 | | 119 | | February 2026 | EchoStar XVI | | November 2012 | | 61.5 | | January 2026 | EchoStar XXIII | | March 2017 | | 110 | | Month to Month | Nimiq 5 | | September 2009 | | 72.7 | | Month to Month |
| (1) | During April 2025, the EchoStar XV satellite began the process of relocating from the 61.5 degree orbital location to the 119 degree orbital location. The relocation process was completed in July 2025. |
| (2) | See Note 11 for further information on our Related Party Transactions with DISH Network. |
|