Annual report pursuant to Section 13 and 15(d)

Basis of Presentation and Summary of Significant Accounting Policies (Tables)

v3.23.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2022
Accounting Policies [Abstract]  
Property and Equipment
The estimated useful lives are as follows:
Estimated useful lives-years
Satellites 3
Computer equipment and software 3
Site and other equipment
 2 - 5
Office furniture and fixtures 5
Leasehold improvements shorter of useful life or remaining lease term
The following summarizes property and equipment - net as of:
December 31, December 31,
2022 2021
(in thousands)
Satellites $ 116,219  $ 93,709 
Software 8,503 —
Software development in process 2,942 —
Computer equipment 1,996 1,372
Office furniture and fixtures 674 744
Other equipment 631 682
Site equipment 2,558 1,504
Total 133,523 98,011
Less: accumulated depreciation (61,939) (27,460)
Property and equipment — net $ 71,584  $ 70,551 
Schedule of Finite-Lived Intangible Assets
The estimated useful lives of the Company's finite-lived intangible assets are as follows:
Estimated useful lives-years
Distribution agreements 2
Customer backlog and relationships
1 - 10
Technology
3 - 5