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

Segment Information (Tables)

v3.22.1
Segment Information (Tables)
 12 Months Ended
Dec. 31, 2021
Segment Reporting [Abstract]  
Summary of revenue and loss from operations by segment
The following table presents revenue by segment and a reconciliation to consolidated revenue for the periods presented:
 
    
Years Ended December 31,
  
(in thousands)
   
    2021    
     
    2020    
  
Satellite Solutions
    $ 40,736      $ 24,860  
Earth Observation Solutions
      170        19  
    
 
 
     
 
 
  
Revenue
   
$
40,906
  
   
$
24,879
  
    
 
 
     
 
 
  
The following table presents loss from operations by segment for the periods presented:
 
    
Years Ended December 31,
  
(in thousands)
   
    2021    
     
    2020    
  
Satellite Solutions
    $ (3,326 )     $ (2,128 ) 
Earth Observation Solutions
      (4,274 )       (2,703 ) 
    
 
 
     
 
 
  
Loss from operations by segment
   
$
(7,600
) 
   
$
(4,831
) 
    
 
 
     
 
 
  
Summary of reconciliation of loss from operations by segment to consolidated loss from operations and net loss
The following table presents a reconciliation of loss from operations by segment to consolidated loss from operations and net loss for the periods presented:
 
    
Years Ended December 31,
  
(in thousands)
   
    2021    
     
    2020    
  
Loss from operations by segment
    $ (7,600 )     $ (4,831 ) 
Corporate and other
      (28,431 )       (3,394 ) 
Share-based compensation expense
      (678 )       (1,194 ) 
    
 
 
     
 
 
  
Loss from operations
   
 
(36,709
) 
   
 
(9,419
) 
Interest expense, net
      7,965        1,216  
Loss on extinguishment of debt
      96,024        —    
Change in fair value of warrant and derivative liabilities
      (1,716 )       —    
Other (income) expense
      (38 )       4  
    
 
 
     
 
 
  
Loss before income taxes
   
 
(138,944
) 
   
 
(10,639
) 
Provision for (benefit from) income taxes
      38        (184 ) 
    
 
 
     
 
 
  
Net loss
   
$
(138,982
) 
   
$
(10,455
) 
    
 
 
     
 
 
  
Summary of revenue and property, plant and equipment by geography
The following table presents revenue by geography and a reconciliation to consolidated revenue for the periods presented:
 
    
Years Ended December 31,
  
(in thousands)
   
    2021    
     
    2020    
  
United States
    $ 32,960      $ 21,215  
Europe
      7,946        3,664  
    
 
 
     
 
 
  
Revenue
   
$
   40,906
  
   
$
 24,879
  
    
 
 
     
 
 
  
The following table presents property, plant and equipment, net by geography and a reconciliation to consolidated property, plant and equipment, net for the periods presented:
 
    
December 31,
  
(in thousands)
   
    2021    
     
    2020    
  
United States
    $ 34,840      $ 18,956  
Europe
      690        565  
    
 
 
     
 
 
  
Property, plant and equipment, net
   
$
     35,530
  
   
$
   19,521