General form of registration statement for all companies including face-amount certificate companies

Revenue and Receivables (Tables)

v3.22.1
Revenue and Receivables (Tables)
 12 Months Ended
Dec. 31, 2021
RevenueFromContractWithCustomerAndReceivables [Abstract]  
Summary of Disaggregation of Revenue
The following tables presents the Company’s disaggregated revenue by offering and customer type for the periods presented:
 
    
Years Ended December 31,
  
(in thousands)
   
2021
     
2020
  
Mission support
    $ 37,109      $ 19,362  
Launch support
          1,144            1,304  
Operations
      2,039        2,558  
Studies, design and other
      614        1,655  
    
 
 
     
 
 
  
Revenue
   
$
40,906
 
   
$
24,879
 
    
 
 
     
 
 
  
 
    
Years Ended December 31,
  
(in thousands)
   
2021
     
2020
  
U.S Government contracts
                  
Fixed price
    $ 17,036      $ 8,871  
Cost-plus fee
          4,912            3,053  
    
 
 
     
 
 
  
       21,948        11,924  
    
 
 
     
 
 
  
Foreign government contracts
                  
Fixed price
      4,623        884  
Commercial contracts
                  
Fixed price, U.S.
      9,005        5,602  
Fixed price, International
      5,210        6,414  
Cost-plus fee
      120        55  
    
 
 
     
 
 
  
       14,335        12,071  
    
 
 
     
 
 
  
Revenue
   
$
40,906
 
   
$
24,879
 
    
 
 
     
 
 
  
Summary of Accounts Receivable, Allowance for Credit Loss
The following table presents changes in the allowance for credit losses for the periods presented:
 
    
Years Ended December 31,
  
(in thousands)
   
    2021    
     
    2020    
  
Beginning balance
    $ (635 )     $ (116 ) 
Provision for credit losses
      (407 )       (794 ) 
Write-offs
      97        275  
    
 
 
     
 
 
  
Ending balance
   
$
(945
) 
   
$
(635
)