|6 Months Ended|
Jun. 30, 2022
|Revenue from Contract with Customer [Abstract]|
|Schedule of Disaggregation of Revenue||
The following table disaggregates revenue by type of imagery and software analytical services and engineering and integration for the three and six months ended June 30, 2022 and 2021:
The approximate revenue based on geographic location of customers is as follows for the three and six months ended June 30, 2022 and 2021:
Backlog represents the future sales we expect to recognize on firm orders received by the Company and is equivalent to the Company’s remaining performance obligations at the end of each period. It comprises both funded backlog (firm orders for which funding is authorized and appropriated) and unfunded backlog. The Company's Backlog excludes unexercised contract options. As of June 30, 2022, the Company had $108.0 million of backlog, which represents the transaction price of executed contracts less inception to date revenue recognized. The Company expects to recognize revenue relating to our backlog, of which a portion is recorded in deferred revenue in the unaudited condensed consolidated balance sheets, of $30.8 million, $45.6 million, and $31.6 million in the six months ending December 31, 2022, fiscal year 2023, and thereafter, respectively.
|Schedules of Concentration of Risk, by Risk Factor||
Revenue from significant customers for the three and six months ended June 30, 2022 and 2021 is as follows:
As of June 30, 2022 and December 31, 2021, accounts receivable consisted of the following:
Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor.
Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
Tabular disclosure of the nature of a concentration, a benchmark to which it is compared, and the percentage that the risk is to the benchmark.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef