Quarterly report pursuant to Section 13 or 15(d)

Property And Equipment???net

v3.22.2
Property And Equipment—net
 6 Months Ended
Jun. 30, 2022
Property, Plant and Equipment [Abstract]  
Property And Equipment—net
8. Property and Equipment - net
The following summarizes property and equipment - net as of:
June 30, December 31,
2022 2021
(in thousands)
Satellites $ 116,210  $ 93,709 
Software 3,718 —
Software development in process 2,595 —
Computer equipment 1,864 1,372
Office furniture and fixtures 708 744
Other equipment 685 682
Site equipment 1,718 1,393
Ground station equipment 111 111
Total 127,609 98,011
Less: accumulated depreciation (43,710) (27,460)
Property and equipment — net $ 83,899  $ 70,551 
Depreciation of property and equipment from continuing operations was $9.0 million and $3.2 million, for the three months ended June 30, 2022 and 2021, respectively, and $16.3 million and $5.6 million for the six months ended June 30, 2022 and 2021, respectively. The Company disposed of property and equipment, which consisted of site equipment, furniture and ground station equipment of $36 thousand and $0.7 million, during the six months ended June 30, 2022 and 2021, respectively, for a loss of $0 for the three and six months ended June 30, 2022 and $0 and $24 thousand for the three and six months ended June 30, 2021, respectively.