Revenue (Tables)
|
6 Months Ended |
11 Months Ended |
Jun. 30, 2021 |
Dec. 31, 2020 |
Revenue |
|
|
Schedule of revenue by customer group |
Revenues by customer grouping are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
Predecessor |
|
|
Six month period |
|
Period from |
|
Period from |
|
|
ended June 30, |
|
February 10, 2020 to |
|
January 1, 2020 |
|
|
2021 |
|
June 30, 2020 |
|
to June 21, 2020 |
Civil space |
|
$ |
30,850 |
|
$ |
1,531 |
|
$ |
15,844 |
National security |
|
|
15,780 |
|
|
1,629 |
|
|
684 |
Commercial and other |
|
|
17,216 |
|
|
2,011 |
|
|
123 |
Total revenues |
|
$ |
63,846 |
|
$ |
5,171 |
|
$ |
16,651 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
Predecessor |
|
|
Period from |
|
|
Period from |
|
|
|
|
|
February 10, 2020 |
|
|
January 1, 2020 |
|
Year ended |
|
|
to December 31, |
|
|
to June 21, |
|
December 31, |
|
|
2020 |
|
|
2020 |
|
2019 |
Civil Space |
|
$ |
23,571 |
|
|
$ |
15,844 |
|
$ |
17,751 |
National security |
|
|
7,034 |
|
|
|
684 |
|
|
1,043 |
Commercial and other |
|
|
10,180 |
|
|
|
123 |
|
|
219 |
Total net revenues |
|
$ |
40,785 |
|
|
$ |
16,651 |
|
$ |
19,013 |
|
Schedule of revenue by geographical area |
Revenues based on the geographic location of the Company’s customers are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
Predecessor |
|
|
|
|
|
|
|
Period from |
|
|
|
|
Period from |
|
January 1, |
|
|
Six months |
|
February 10, 2020 to |
|
2020 |
|
|
period ended |
|
June 30, |
|
to June 21, |
|
|
June 30, 2021 |
|
2020 |
|
2020 |
U.S. |
|
$ |
61,838 |
|
$ |
5,004 |
|
$ |
15,856 |
Luxembourg |
|
|
1,915 |
|
|
51 |
|
|
795 |
Germany |
|
|
17 |
|
|
— |
|
|
— |
Japan |
|
|
— |
|
|
10 |
|
|
— |
South Korea |
|
|
76 |
|
|
32 |
|
|
— |
Poland |
|
|
— |
|
|
74 |
|
|
— |
Total revenues |
|
$ |
63,846 |
|
$ |
5,171 |
|
$ |
16,651 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
|
Predecessor |
|
|
Period from |
|
|
Period from |
|
|
|
|
|
February 10, 2020 |
|
|
January 1, 2020 |
|
Year ended |
|
|
to December 31, |
|
|
to June 21, |
|
December 31, |
|
|
2020 |
|
|
2020 |
|
2019 |
U.S. |
|
$ |
38,774 |
|
|
$ |
15,856 |
|
$ |
18,795 |
Luxembourg |
|
|
1,535 |
|
|
|
795 |
|
|
218 |
Germany |
|
|
46 |
|
|
|
— |
|
|
— |
Japan |
|
|
62 |
|
|
|
— |
|
|
— |
Korea |
|
|
147 |
|
|
|
— |
|
|
— |
Poland |
|
|
169 |
|
|
|
— |
|
|
— |
Taiwan |
|
|
52 |
|
|
|
— |
|
|
— |
Total net revenues |
|
$ |
40,785 |
|
|
$ |
16,651 |
|
$ |
19,013 |
|
Schedule of customers comprising 10% or more of revenues |
The majority of the Company’s revenues are derived from government contracts. Customers comprising 10% or more of revenues are as follows:
|
|
|
|
|
|
|
|
|
|
|
|
Successor |
|
Predecessor |
|
|
|
|
|
|
|
Period from |
|
|
|
|
|
Period from |
|
January 1, |
|
|
Six months |
|
February 10, 2020 to |
|
2020 |
|
|
period ended |
|
June 30, |
|
to June 21, |
|
|
June 30, 2021 |
|
2020 |
|
2020 |
Air Force Research Laboratory |
|
$ |
6,545 |
|
$ |
— |
|
$ |
— |
Boeing |
|
|
9,049 |
|
|
— |
|
|
— |
Lockheed Martin |
|
|
— |
|
|
1,291 |
|
|
— |
Loral |
|
|
— |
|
|
551 |
|
|
— |
|
|
|
|
|
|
|
|
|
|
NASA |
|
|
19,057 |
|
|
1,282 |
|
|
15,020 |
|
|
$ |
34,651 |
|
$ |
3,124 |
|
$ |
15,020 |
|
|