v3.26.1
SATELLITES, PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2026
Property, Plant, and Equipment [Abstract]  
SATELLITES, PROPERTY AND EQUIPMENT SATELLITES, PROPERTY AND EQUIPMENT
Satellites, property and equipment, net, consists of the following as of, March 31, 2026, and December 31, 2025:
As of March 31, 2026As of December 31, 2025
Satellite builds in process$24,208 $29,894 
Satellites160,169 151,350 
Machinery and equipment4,576 4,409 
Computer equipment3,651 3,449 
Software705 671 
Furniture and fixtures1,585 1,545 
Leasehold improvements8,558 7,897 
$203,452 $199,215 
Accumulated depreciation and amortization(94,379)(88,342)
Satellites, property and equipment, net$109,073 $110,873 
Depreciation expense was $5.8 million and $4.9 million for the three months ended March 31, 2026 and March 31, 2025, respectively which includes approximately $0.2 million related to the write-off of certain assets.