| Schedule of Segment Reporting Information, by Segment |
The following table presents selected financial information with respect to the Company’s single reportable segment for the three months ended March 31, 2025 and 2024:
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Three Months Ended March 31, |
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2025 |
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2024 |
| Revenue |
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| Imagery & software analytical services |
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$ |
16,829 |
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$ |
17,833 |
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| Professional & engineering services |
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12,715 |
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6,403 |
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| Total revenue |
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29,544 |
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24,236 |
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| Costs and Expenses |
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| Imagery & software analytical direct labor costs |
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552 |
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693 |
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| Imagery & software analytical direct materials costs |
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3,266 |
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2,752 |
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| Professional & engineering direct labor costs |
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2,166 |
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3,023 |
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| Professional & engineering direct materials costs |
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6,616 |
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565 |
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| Salaries and benefit costs |
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11,703 |
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10,656 |
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Stock-based compensation expense(1)
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2,757 |
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3,148 |
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Other segment items(2)
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7,227 |
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5,468 |
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| Depreciation and amortization |
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7,236 |
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11,184 |
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| (Gain) loss on derivatives |
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(1,901) |
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254 |
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| Interest income |
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(573) |
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(400) |
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| Interest expense |
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3,343 |
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2,634 |
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| Other income, net |
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(65) |
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(1) |
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| Income tax expense |
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30 |
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70 |
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| Net loss |
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$ |
(12,813) |
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$ |
(15,810) |
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(1) Relates to stock-based compensation within selling, general, and administrative costs.
(2) Other segment items included in net loss primarily includes selling, general, and administrative costs and research and development costs.
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