Annual report pursuant to Section 13 and 15(d)

Other (Expense)/Income (Tables)

v3.23.1
Other (Expense)/Income (Tables)
 12 Months Ended
Dec. 31, 2022
Other Income and Expenses [Abstract]  
Schedule of Other Nonoperating Income (Expense)
Years Ended December 31,
2022 2021
(in thousands)
Loss on issuance of Bridge Notes tranche one $ —  $ (84,291)
Loss on issuance of Bridge Notes tranche two —  (12,185)
Loss on issuance of Bridge Notes Rights Offering —  (3,193)
Debt issuance costs expensed for debt carried at fair value —  (47,718)
Transaction costs associated with derivative liabilities —  (291)
Proceeds from earn-out payment 2,000  — 
Other 81  22 
$ 2,081  $ (147,656)
In the year ended December 31, 2022, performance on an earn-out condition within the Share Purchase Agreement dated as of January 31, 2020 among BlackSky Holdings, Inc., Spaceflight, and M&Y Space was met and thus, the Company received payment of $2.0 million.