Annual report pursuant to Section 13 and 15(d)

Revenues (Tables)

v3.24.1
Revenues (Tables)
 12 Months Ended
Dec. 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:
Year Ended
  December 31, 2023 December 31, 2022
Civil space
 $ 102,594  $ 63,003 
National security
 59,053  43,906 
Commercial and other
 82,153  53,640 
Total revenues
 $ 243,800  $ 160,549 

The table below presents revenues based on the geographic location of the Company’s customers for the following periods:
Year Ended
December 31, 2023 December 31, 2022
U.S.
 $ 172,903  $ 142,867 
Europe 70,814  17,205 
Other 83  477 
Total revenues
 $ 243,800  $ 160,549 

The majority of the Company’s revenues are derived from government contracts. Customers comprising 10% or more of revenues are presented below for the following periods:
Year Ended
  December 31, 2023 December 31, 2022
Customer A(1)
$ 39,314  $ 17,131 
Customer B(1)
33,621  — 
Customer C(1)
—  20,048 
Customer D(1)
—  21,705 
Total $ 72,935  $ 58,884 
(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 consolidated balance sheets for the following periods:
December 31,
2023		 December 31,
2022
Contract assets
 $ 36,961  $ 31,041 
 
Contract liabilities $ 52,645  $ 29,817 
Schedule of EAC Adjustments
The below table summarizes the favorable (unfavorable) impact of the net EAC adjustments for the following periods:
Year Ended
  December 31, 2023 December 31, 2022
Net EAC adjustments, before income taxes $ (3,522) $ (9,953)
Net EAC adjustments, net of income taxes (3,459) (9,376)
Net EAC adjustments, net of income taxes, per diluted share (0.05) (0.15)