v3.22.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Revenue        
Revenue $ 15,102 $ 7,365 $ 28,998 $ 14,659
Costs and expenses        
Selling, general and administrative 17,739 8,827 40,275 17,305
Research and development 106 0 252 28
Depreciation and amortization 9,177 3,537 16,568 6,301
Satellite impairment loss 0 18,407 0 18,407
Operating loss (21,706) (29,814) (48,838) (39,299)
(Loss) gain on derivatives (4,646) (967) 3,494 (14,975)
Income on equity method investment 1,213 767 1,470 963
Interest income 178 0 178 0
Interest expense (1,275) (1,270) (2,530) (2,438)
Other expense, net (42) (3,279) (40) (147,370)
Loss before income taxes (26,278) (34,563) (46,266) (203,119)
Income tax (expense) benefit 0 0 0 0
Loss from continuing operations (26,278) (34,563) (46,266) (203,119)
Loss from discontinued operations (including loss from disposal of Spaceflight Inc. of $0, $1,022, $0, and $1,022 for the three and six months ended June 30, 2022 and 2021, respectively) 0 (1,022) 0 (1,022)
Income tax (expense) benefit 0 0 0 0
Loss from discontinued operations, net of income taxes 0 (1,022) 0 (1,022)
Net loss (26,278) (35,585) (46,266) (204,141)
Other comprehensive loss 0 (1,930) 0 (541)
Total comprehensive loss $ (26,278) $ (37,515) $ (46,266) $ (204,682)
Basic:        
Loss from continuing operations (in dollars per share) $ (0.22) $ (0.61) $ (0.40) $ (3.87)
(Loss)/gain from discontinued operations, net of tax (in dollars per share) 0 (0.02) 0 (0.02)
Net loss per share of common stock (in dollars per share) (0.22) (0.63) (0.40) (3.89)
Diluted:        
Loss from continuing operations (in dollars per share) (0.22) (0.61) (0.40) (3.87)
(Loss)/gain from discontinued operations, net of tax (in dollars per share) 0 (0.02) 0 (0.02)
Net loss per share of common stock, diluted (in dollars per share) $ (0.22) $ (0.63) $ (0.40) $ (3.89)
Imagery & software analytical services        
Revenue        
Revenue $ 13,350 $ 5,118 $ 23,122 $ 11,116
Costs and expenses        
Costs excluding depreciation and amortization 5,350 4,171 11,257 8,550
Engineering & systems integration        
Revenue        
Revenue 1,752 2,247 5,876 3,543
Costs and expenses        
Costs excluding depreciation and amortization $ 4,436 $ 2,237 $ 9,484 $ 3,367

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