Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment???net

v3.22.1
Property And Equipment—net
 3 Months Ended
Mar. 31, 2022
Property, Plant and Equipment [Abstract]  
Property And Equipment—net
7. Property and Equipment - net
The following summarizes property and equipment - net as of:
March 31, December 31,
2022 2021
(in thousands)
Satellites $ 93,709  $ 93,709 
Software 1,921 —
Software development in process 1,681 —
Computer equipment 1,415 1,372
Office furniture and fixtures 708 744
Other equipment 681 682
Site equipment 1,550 1,393
Ground station equipment 111 111
Total 101,776 98,011
Less: accumulated depreciation (34,674) (27,460)
Property and equipment — net $ 67,102  $ 70,551 
Depreciation of property and equipment from continuing operations during the three months ended March 31, 2022 and 2021 was $7.3 million and $2.4 million, respectively. During the three months ended March 31, 2022 and 2021, the Company disposed of $36 thousand and $0.7 million, respectively, of property and equipment, which consisted of site equipment, furniture and ground station equipment for a loss of $0 and $24 thousand, respectively.