v3.25.4
Segment Information
 12 Months Ended
Dec. 31, 2025
Segment Reporting [Abstract]  
Segment Reporting Segment Information
The Company manages its operations as a single operating segment for the purpose of assessing performance and making operating decisions, resulting in a single reportable segment. The Company has determined that its Chief Operating Decision Maker (CODM) is its Chief Executive Officer. The CODM reviews the Company’s financial information on a consolidated basis for the purpose of allocating resources and assessing financial performance.

The key measure of segment profit or loss that the CODM uses to allocate resources and assess performance is the Company’s consolidated net income (loss). This is reviewed against budgeted expectations to assess segment performance and allocate resources. The Company’s segment net income for 2025 and 2024 consisted of the following:
 Year Ended December 31,
 20252024
Sales:
Service$98,407 $96,446 
Product12,602 17,382 
Net Sales111,009 113,828 
Cost of service sales
VSAT airtime40,977 52,980 
LEO airtime18,919 4,883 
Other (1)3,816 2,139 
63,712 60,002 
Cost of product sales
VSAT1,781 2,565 
LEO5,147 6,120 
TracVision & land mobile
1,866 3,301 
Other (2)10,481 6,621 
19,275 18,607 
Research and development
Personnel costs2,832 7,109 
Professional fees123 191 
Other (3)502 1,139 
3,457 8,439 
Sales, marketing and support
Personnel costs14,447 14,400 
Professional fees1,247 852 
Other (4)4,754 5,761 
20,448 21,013 
General and administrative
Personnel costs8,540 9,448 
Professional fees2,426 2,475 
Other (5)4,322 4,590 
15,288 16,513 
Goodwill impairment charge— — 
Long-lived asset impairment charge— 1,137 
Other segment items (6)(3,788)(835)
Net loss$(7,383)$(11,048)

(1)Includes costs related to Inmarsat, service activations, content service, CommBox Edge and other miscellaneous
(2)Includes costs related to CommBox Edge, TracNet Coastal, obsolete inventory write-off and other miscellaneous
(3)Includes facilities and other less significant expenses
(4)Includes marketing expenses, external commissions, travel and entertainment, facilities expense, warranty expense and other less significant expenses
(5)Includes the financing fees, facilities expense, computer expenses, depreciation and amortization and other less significant expenses
(6)Other segment items includes interest income; other income (expense), net; and income tax expense (benefit) line items on the face of the income statement

Regarding the Company's long-lived assets of $26,414, $8,788 of these assets are located in the United States. Regarding the assets located outside the United States, $5,612 are located in Singapore. The geographic location of the Company's AgilePlans revenue-generating assets has been determined based upon the customer shipping address.