v3.26.1
Fixed Assets, net
6 Months Ended
Jun. 30, 2026
Property, Plant, and Equipment [Abstract]  
Fixed Assets, net Fixed Assets, net
Fixed assets, net consists of the following:
June 30, 2026December 31, 2025
Leasehold improvements $22,371 $17,417 
Orbiting satellites — 5,793 
Machinery and equipment27,127 17,407 
Computer equipment6,608 5,609 
Software 3,579 2,701 
Furniture and fixtures4,572 3,907 
Construction in process13,241 12,559 
Finance lease right of use assets2,257  
 Total fixed assets, at cost 79,755 65,393 
  Less: Total accumulated depreciation (21,685)(19,100)
  Total fixed assets, net $58,070 $46,293 
Depreciation and amortization expense was $3.3 million and $2.1 million for the three months ended June 30, 2026 and 2025, respectively, and $8.5 million and $4.0 million for the six months ended June 30, 2026 and 2025, respectively. There was no impairment recognized related to fixed assets during the three and six months ended June 30, 2026 or 2025.