v3.22.2.2
Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2022
Sep. 30, 2021
Revenue        
Revenue $ 16,935 $ 7,937 $ 45,933 $ 22,596
Costs and expenses        
Selling, general and administrative 18,713 40,674 58,988 57,979
Research and development 197 57 449 85
Depreciation and amortization 9,598 3,503 26,166 9,804
Satellite impairment loss 0 0 0 18,407
Operating loss (19,360) (48,950) (68,198) (88,249)
Gain (loss) on derivatives 7,135 3,813 10,629 (11,162)
(Loss) income on equity method investment (776) (170) 694 793
Interest income 486 0 664 0
Interest expense (1,226) (1,225) (3,756) (3,663)
Other expense, net (14) (365) (54) (147,735)
Loss before income taxes (13,755) (46,897) (60,021) (250,016)
Income tax (expense) benefit 0 0 0 0
Loss from continuing operations (13,755) (46,897) (60,021) (250,016)
Gain (loss) from discontinued operations (including gain (loss) from disposal of Spaceflight Inc. of $707, $0, $707, and $(1,022) for the three and nine months ended September 30, 2022 and 2021, respectively)     707 (1,022)
Income tax (expense) benefit 0 0 0 0
Gain (loss) from discontinued operations, net of income taxes 707 0 707 (1,022)
Net loss (13,048) (46,897) (59,314) (251,038)
Other comprehensive income 0 541 0 0
Total comprehensive loss $ (13,048) $ (46,356) $ (59,314) $ (251,038)
Basic:        
Loss from continuing operations (in dollars per share) $ (0.12) $ (0.67) $ (0.51) $ (4.29)
(Loss)/gain from discontinued operations, net of tax (in dollars per share) 0.01 0 0.01 (0.02)
Net loss per share of common stock (in dollars per share) (0.11) (0.67) (0.50) (4.31)
Diluted:        
Loss from continuing operations (in dollars per share) (0.12) (0.67) (0.51) (4.29)
(Loss)/gain from discontinued operations, net of tax (in dollars per share) 0.01 0 0.01 (0.02)
Net loss per share of common stock, diluted (in dollars per share) $ (0.11) $ (0.67) $ (0.50) $ (4.31)
Imagery & software analytical services        
Revenue        
Revenue $ 14,991 $ 6,529 $ 38,113 $ 17,645
Costs and expenses        
Costs excluding depreciation and amortization 5,251 7,266 16,508 15,816
Engineering & systems integration        
Revenue        
Revenue 1,944 1,408 7,820 4,951
Costs and expenses        
Costs excluding depreciation and amortization $ 2,536 $ 5,387 $ 12,020 $ 8,754

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