Quarterly report pursuant to Section 13 or 15(d)

Revenues (Tables)

v3.23.1
Revenues (Tables)
 3 Months Ended
Mar. 31, 2023
Revenue from Contract with Customer [Abstract]  
Schedule of Revenues by Customer Grouping The table below presents revenues by customer grouping for the following periods:
Three Months Ended
  March 31, 2023 March 31, 2022
Civil space
 $ 26,055  $ 16,164 
National security
 10,582  7,578 
Commercial and other
 20,968  9,125 
Total revenues
 $ 57,605  $ 32,867 
The table below presents revenues based on the geographic location of the Company’s customers for the following periods:
Three Months Ended
  March 31, 2023 March 31, 2022
U.S.
 $ 43,783  $ 31,351 
Europe 13,822  1,334 
Other —  182 
Total revenues
 $ 57,605  $ 32,867 

The majority of the Company’s revenues are derived from government contracts. Customers comprising 10% or more of revenues were as follows for the periods presented:
Three Months Ended
  March 31, 2023 March 31, 2022
Customer A(1)
$ 9,036  $ — 
Customer B(1)
6,681  — 
Customer C 5,903  8,439 
Total $ 21,620  $ 8,439 
(1) While revenue may have been generated during each of the periods presented, amounts are only disclosed for the periods in which revenues represented 10% or more of total revenue.
Schedule of Contract Assets and Contract Liabilities
The table below presents the contract assets and contract liabilities included on the condensed consolidated balance sheets for the following periods:
March 31,
2023		 December 31,
2022
Contract assets
 $ 40,741  $ 31,041 
 
Contract liabilities $ 24,999  $ 29,817 
Schedule of EAC Adjustments
The following table summarizes the favorable (unfavorable) impact of the net EAC adjustments for the periods presented:
Three Months Ended
  March 31, 2023 March 31, 2022
Net EAC adjustments, before income taxes $ (1,610) $ (1,764)
Net EAC adjustments, net of income taxes (1,604) (1,511)
Net EAC adjustments, net of income taxes, per diluted share (0.02) (0.02)