v3.26.1
Information on Segment Reporting - Summary of Segment Revenue and Significant Segment Expenses (Details) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Segment Reporting [Abstract]        
Revenue $ 18,048 $ 19,182 $ 33,882 $ 43,058
Employee expense [1] 17,806 24,561 36,735 44,857
Equipment and software expenses [2] 5,278 6,574 10,184 16,893
Depreciation and amortization 4,063 2,524 7,081 6,937
Professional services 6,110 4,508 15,084 13,380
Facilities expense [2] 1,735 1,097 2,923 2,146
Contactor expense 727 400 1,289 778
Other operating and marketing expenses 1,198 1,502 2,489 2,781
Loss on decommissioned satellites and disposal of assets 744 1,110 1,653 6,239
Interest expense 0 1,686 0 7,416
Change in fair value of contingent liability and warrant liabilities 157 3,016 277 (3,858)
Gain on sale of a business 0 (154,305) 0 (154,305)
Loss on extinguishment of debt 0 12,008 0 12,008
Other segment items [3] 199 (5,089) 1,979 (8,289)
Segment net (loss) income $ (19,969) $ 119,590 $ (45,812) $ 96,075
[1] Employee expense included stock-based compensation expense of $3.0 million and $7.0 million for the three and six months ended June 30, 2026, respectively, and $6.2 million and $11.1 million for the three and six months ended June 30, 2025, respectively.
[2] In the second quarter of 2025, the Company reclassified certain expenses from Facilities expense to Equipment and software expenses within its segment reporting to better reflect the nature of the costs. Prior period amounts have been recast to conform to the current year period presentation. This reclassification impacted only the composition of the expense categories regularly provided to the Company’s CODM and had no impact on total segment expenses, the condensed consolidated statements of operations, or loss per share.
[3] Other segment items included in segment net (loss) income include foreign exchange (gain) loss, income tax (benefit) provision, equity investment loss, travel and meals expenses, and interest income.